PrizePicks Promo Code: Play $5, Get $50 Instantly December 2024

Best PrizePicks promo codes & bonuses — verified

The $50 welcome bonus at PrizePicks is just an introduction to a whole lineup of promotions you can later obtain as an active member.

From recurring promos like Taco Tuesday and Flex Friday to the Reboots option protecting your picks, there are multiple ways to keep your balance up.

Play $5, get $50 instantly

The PrizePicks promo code incentivizes players to make their first pick on the platform with a nice welcome bonus. Once you open an account through the PrizePicks website or app while using the code MAXBONUS, you will become eligible for this offer.

Next, you must deposit at least $10 and place a $5 pick, after which the $50 bonus will instantly appear in your account. You can’t cash out the bonus itself, but any potential winnings from this bonus are available for immediate withdrawal.

PrizePicks Additional Offers

The PrizePicks welcome bonus is just the tip of the iceberg, as the platform will keep the incentives rolling as you assume the role of a regular member. Here’s a look at some of the latest offers up for grabs:

• Taco Tuesday: Every Tuesday, members of PrizePicks will get a series of discounted projections, usually in the range of 15% to 25%. For example, Nikola Jokic’s points projection on that day may drop from 29.5 to 24.5.
• Flex Fridays: Opt-in for this promo every Friday by noon, and if your lineup loses, you will receive your net losses back in bonus funds up to a predetermined limit.
• Reboots: This promo enables you to protect your pick when they leave the game early. For instance, if Patrick Mahomes exits during the first half and does not return for the second half, your lineup will revert down just like it would for a DNP (a 6-pick flex becomes a 5-pick flex, a 4-pick power becomes a 3-pick power, a 2-pick power results in a refund, etc.).
• Referral bonus: Invite other people to join you at PrizePicks, and for every member who signs up and completes their first deposit via your invitation, you will receive a $25 bonus.

These are only a few of the ongoing promotions available at PrizePicks. Other time-limited promotions may be available once you join. For example, there was a Back to Bucke7s promotion running during the first week of the 2024/25 NBA season, full of big discounts, free lineups, and protected plays.

PrizePicks promo code terms & conditions

Using your PrizePicks bonus is pretty straightforward, and there aren’t too many terms and conditions to worry about. Just remember these rules and enjoy your offer:

• Promo code: Type in the PrizePicks promo code MAXBONUS during registration to become eligible for the bonus.
• Wagering requirements: Your $50 bonus must be played at least once. The bonus funds themselves are not withdrawable, but any winnings they generate are available for immediate cashout.
• Minimum deposit: Triggering the offer requires a deposit of at least $10.
• Minimum wager: Your initial play must be at least $5.
• Bonus expiry: You have 90 days after registration to use the bonus.

Who can use the PrizePicks promo code?

The PrizePick promo code can only be used by new PrizePicks members. If you already have a PrizePicks account and have used one of the platform’s welcome offers in the past, you won’t be eligible for this promotion. However, you may be eligible for other DFS welcome offers, such as the Betr picks promo code or Underdog Fantasy promo code

PrizePicks is available in 43 states, the District of Columbia, and Canada, but certain age and contest restrictions are in place for specific states. To receive the bonus, you must create an account and enter the promo code in the designated area of the registration form in one of the 33 eligible states. The minimum deposit is $10, and the minimum play for triggering the offer is $5. Users in the following US locations can use the promo code MAXBONUS:

• Alabama
• Alaska
• Arizona
• Arkansas
• California
• Colorado
• DC
• Florida
• Georgia
• Illinois
• Indiana
• Kansas
• Kentucky
• Massachusetts
• Michigan
• Minnesota
• Nebraska
• New Mexico
• North Carolina
• North Dakota
• New York
• Oklahoma
• Oregon
• Rhode Island
• South Carolina
• South Dakota
• Tennessee
• Texas
• Utah
• Vermont
• Virginia
• Wisconsin
• West Virginia
• Wyoming

PrizePicks contests

PrizePicks offers three types of contests, with availability varying based on your age and location. By playing standard games, you can win up to 25x your wager. However, players who are a little more courageous can win up to 100x their wager by making select picks. The details for all of the contests PrizePicks offers, as well as how to earn the biggest multiplier possible for each game, can be found below. 

Pick ‘Em

In Pick ‘Em, contestants choose between two and six players across different sports and predict their stat lines by choosing “more” or “less” than a given number. For example, you can pick Patrick Mahomes to have more or less than 285.5 passing yards in his game against the Baltimore Ravens. The more players you pick, the higher your potential payout.

You are free to choose between two play options:

• Power Plays: In this game mode, you must correctly guess all of your picks for your lineup to win, with a successful 4-pick Power Play yielding a 10x payout.
• Flex Plays: With Flex, you’re leaving some room for error, as you can get a payout even if one or two of your picks don't come through. A 6/6 Flex Play will win you 25x your stake, but if you only get 5/6 correct, you’ll still get a 2x payout. For 4/6, half of your stake will be refunded to you.

Another feature of Pick 'Em is Demons and Goblins. The picks marked by the Demon symbol are more challenging to hit, but they qualify your lineup for a higher payout of up to 100x. Conversely, Goblins are easier to get right but come with lower multipliers.

Pick ‘Em Arena

Pick ‘Em Arena works the same way as regular Pick ‘Em, only with the added element of competition. Namely, once you make your 2–6 picks in this game, you’ll be placed into a group with other participants who have made the same number of picks as you.

If you win the most points in your group based on the game’s point system, you can pocket up to 25x your entry fee, and picking the perfect lineup will get you paid regardless of other contestants.

PrizePicks Streak

Streak is a free-to-play game from PrizePicks aimed at geo-restricted players. In this game, you make one pick every day in an attempt to build a win streak. The bigger your win streak is, the higher your prizes will be, reaching up to $1 million.

PrizePicks deposit options

You can fund your PrizePicks account using Visa, Mastercard (in AL, AZ, AR, GA, IN, MA, TN, TX, VT, and VA only), Discover credit and debit cards, instant bank transfers, PayPal, and Apple Pay. The minimum deposit is $10 for all methods, and the payments usually go through instantly.

Why sign up with PrizePicks?

PrizePicks stands out to DFS fans for its diverse sports selection, engaging and rewarding contests, and generous promotions. We’ve analyzed the platform’s strengths in depth to help you decide if PrizePicks could be your top choice for the ultimate DFS experience.

Plenty of sports

PrizePicks extends past major American leagues and enables you to make picks across other sports like soccer, tennis, MMA, and esports. And these are not just there to fill in the gaps, as they feature players and competitions beyond the mainstream.

Weekly promos and special deals

We like that PrizePicks features not one but two weekly promotions offering more flexibility in your picks, with Taco Tuesdays featuring discounted projections and Flex Fridays creating cashback opportunities. The operator also rolls out special promotions during big-time events like the start of a major league regular season or the playoffs.

Demons and Goblins picks

Demons and Goblins are another feature that gives players more options and greater flexibility. Contestants can adapt their strategies by gunning for harder-to-hit picks and ultimate rewards or play it safe by opting for small but reliable payouts.

Great UX

We loved the design of the PrizePicks website. Jumping from one sport to another and browsing different statistical categories is a breeze, and the Help Center and How to Play buttons are always floating around to offer assistance. 

You can filter the picks by popularity and use the handy stats history for every player to make more informed decisions. The user experience on mobile is also outstanding, with the PrizePicks apps boasting 4.8 and 4.4 ratings on the App Store and Google Play, respectively.

Comparison to other DFS sites

There are plenty of DFS promo codes available for players of varying budgets. The most lucrative is the Underdog Fantasy promo code which can net users up to $1,000 in bonuses. The Betr Picks promo code is another great option, as it offers up to $200 in Betr Bucks depending on a new user's initial deposit. The PrizePicks promo code is on the lower end of these promos but only requires new users to play $5 to earn $50 in bonuses.  Meanwhile, the ProphetX promo code is a little more complicated, but it gives new users 2% cashback for 30 days, up to $300.  

New users can also take advantage of offers from social sportsbooks such as the Thrillzz promo code, Novig promo code, SportsMillions promo code, and the Fliff promo code. For even more options, check out our ParlayPlay Review and our Boom Fantasy Review. 

Below find a table that compares PrizePicks to some of the best DFS sites.

For a more in-depth breakdown, including a full list of legal DFS states, check out our guide to the best DFS sites.

Where is PrizePicks legal?

Pick 'Em is available for players aged 19 or older who reside in the following 21 locations:

• Arkansas
• California
• Georgia
• Illinois
• Indiana
• Minnesota
• Nebraska
• New Mexico
• North Carolina 
• North Dakota
• Oklahoma
• Rhode Island
• South Carolina
• South Dakota
• Texas
• Utah 
• Vermont
• Virginia
• Wisconsin
• District of Columbia
• Canada (excluding Ontario)

In addition, Pick ‘Em Arena is available to players in the following 13 states:

• Alabama (19+)
• Alaska (18+) 
• Arizona (21+)
• Colorado (19+)
• Florida (18+)
• Kansas (18+)
• Kentucky (18+)
• Massachusetts (21+)
• New Hampshire (18+)
• Oregon (18+)
• Tennessee (18+)
• West Virginia (18+)
• Wyoming (18+)

Players from the following states who are 18 or older are limited to participating in the ’ free-to-play PrizePicks Streak contests:

• Connecticut
• Delaware
• Iowa 
• Louisiana
• Michigan 
• Missouri
• Mississippi 
• New Jersey 
• New York
• Ohio
• Pennsylvania

PrizePicks latest developments

PrizePicks is always announcing discounts, contests, and more on its social media accounts. Be sure to check them out. The biggest news related to PrizePicks can be found below:

Nov. 21, 2024: PrizePicks was named the 8th-fatest-growing company in North America according to the 2024 Deloitte Technology Fast 500.