PrizePicks Promo Code

Use the promo code Rookie to receive a 100% deposit bonus, up to $100 free.
prizepicks promo code offers for 2021

Current PrizePicks Promo Code Offer

100% Deposit Bonus, Up to $100 Free

Use the PrizePicks promo code ROOKIE to receive a 100% deposit bonus, up to $100 free. This is not only the best PrizePicks bonus offer available this January, but is one of the industry’s top promotions. Copy our code and claim your offer below.

New PrizePicks Promo Code Offer

Terms for Current PrizePicks Promo Code Offer

Like most daily fantasy sports sites or sports betting sites, there are bonuses available for new PrizePicks users. With PrizePicks, users who sign up with the promo code ROOKIE will unlock two rewards.

Users who sign up with our PrizePicks promo code will receive a 100% Deposit Bonus, Up to $100! This offer is quite simple, deposit $100 and PrizePicks will give you another $100 in your PrizePicks account. 

Getting a win with PrizePicks promotions and doubling your bankroll right at the start is hard to beat!

It is important to note that you cannot withdraw these additional funds. They are only available for entering contests, however, anything you win using your bonus funds is yours to keep.

Promo CodeROOKIE
Offer100% deposit bonus, up to $100
Offer DatesOffer valid January 1st 2023 through January 31st 2023
Promotional TermsMinimum deposit $10. Must be 18+ years of age.

How to Use a PrizePicks Promo Code

Signing up using a PrizePicks promo code is a simple process that can be completed in just four steps. Be sure to follow each step to be certain you receive the 100% deposit match offer when you register.

  1. Sign up at PrizePicks either in the app or on the website.

  2. Enter the promo code ROOKIE on the registration screen.

  3. Make an initial deposit of at least $10. Keep in mind that your deposit bonus caps at whatever your deposit is or $100, whichever is less.

  4. Receive up to a $100 bonus in site credit! The bonus funds can be found immediately in your account.

This bonus offer is one of the highest-rated in the DFS industry this January and is the top offer amongst all Pick’em style fantasy apps. There are a handful of terms and conditions attached to this promotion that all new players should be aware of:

  • Only new PrizePicks players are eligible to receive the 100% deposit bonus. If you already have an account, you are not eligible for either the deposit bonus.

  • You must be located in a state that PrizePicks operates and will need to verify your location prior to being eligible to enter a contest.

  • PrizePicks pays out the deposit bonus as site credit and these funds are not eligible to be withdrawn until you use them to enter contests in the app.

Additional Bonus Offers Available at PrizePicks

In addition to the $100 deposit bonus available to Hello Rookie readers this January, PrizePicks offers a number of promotions available to both new and existing players. These range from free-to-play contests to reload bonus offers.

Many of these promotions are pushed to you through the mobile app, so be sure to download the PrizePicks app and be only the lookout for push notifications.

PrizePicks offers a refer-a-friend program, which is an easy way to build up your bankroll. You can invite your friends to join PrizePicks and, for each friend that will enjoy daily fantasy sports, signs up, and makes a deposit, you will get $25 in cash.

On top of that, if your referral’s first deposit is more than $100, you will receive 10% of their initial deposit as an added bonus. How’s that for a welcome bonus?!

Be sure to share the PrizePicks promo code ROOKIE with anyone you refer so they can lock in a $100 deposit bonus on top of the referral offer.

How Does PrizePicks Work?

PrizePicks, launched in 2018, is a daily fantasy sports (DFS) platform that works a bit differently than industry-leaders like FanDuel or DraftKings.

Rather than pit player against player in competitions that involve the building of fantasy lineups, PrizePicks has players play against the house. You’ll love this unique way of playing.

PrizePicks was one of the first DFS apps to focus on prop-style contests. There is no shortage of competition in this space for 2023, including popular apps such as UnderdogBetcha, and Thrive Fantasy.

Given the popularity of both fantasy sports and prop sports betting in the US, this format makes a ton of sense and PrizePicks is currently one of the most popular apps on both the App Store and Google Play Store.

PrizePicks Advantages over FanDuel and DraftKings

Gone are the days of painfully researching and building out lineups just to have a few players underperform.

With PrizePicks, it really is as easy as picking a few athletes and predicting their performance. It is not a matter of building a high-scoring fantasy team. It is about making over/under predictions well.

PrizePicks set out to create a simple and effective daily fantasy sports app that would solve the problems casual players have with FanDuel and DraftKings, and that is exactly what they accomplished. It takes minutes to place your bet and it doesn’t require competition against other users who spend dozens of hours more studying and analyzing.

Similar to sports betting, you only need to beat the house when playing on PrizePicks.

Whether a casual fan just wants to make watching a game a little more exciting or an expert, PrizePicks is a place where both types can make their money.

Think of it like a game of Blackjack. You’re not playing against the other people at the table, but rather trying to get as close to 21 without going over. The goal is to beat the dealer, not the other players.

Just like in Blackjack, with PrizePicks, it’s all about beating the spread. So no outcompeting other more advanced players, you just need to be better than the house.

So when you’re looking for a daily fantasy sports app that is both easy to use and doesn’t require hours of research just to compete, look no further than PrizePicks.

PrizePicks App Pros and Cons

PrizePicks App Features

The PrizePicks app is extremely well executed with a straightforward system and user-friendly interface. Entering one of their prop contests is as simple as following these three steps:

  1. Start by picking your sport from the main menu.

  2. Next, pick the players you want to wager on, and the stat categories you want to pick against. There is a minimum of two picks and maximum of five.

  3. Win anywhere from 2x to 10x your entry fee, depending on how many picks you get correct.

All the rules for each sport are laid out simply and there is a clean dashboard that allows you to track current contests as well as past wins and losses.

Users can use either the PrizePicks mobile app or the website and enjoy a similar experience. The PrizePicks mobile app is available on both Apple App Store and Android devices.

The interface of the website and app are both top-notch and offer one of the best overall user experiences available in the daily fantasy sports industry this January.

As of January 2023, the PrizePicks app has an impressive 4.8 rating on the App Store and 4.9 rating on the Google Play Store. Clearly, DFS players love this alternative format with no salary cap or sharks to worry about.

Contest Types and Sports Available

PrizePicks only has one type of wager: over/under. However, users can place this wager on a plethora of sports and leagues and across multiple stat categories including total fantasy points scored.

When playing on PrizePicks, the first step is picking the sport and league you want to bet on. The leagues available to be wagered on are as follows:

  • Esports

  • English Premier League (EPL)

  • Major League Soccer (MLS)

  • Major League Baseball (MLB)

  • Mixed Martial Arts (MMA)

  • National Basketball Association (NBA)

  • NCAA Baseball

  • National Football League (NFL)

  • NCAA Football

  • National Hockey League (NHL)

  • Golf

  • Tennis

PrizePicks allows users to place their bets in “cross-sport entries,” which is a fancy way of saying you can pick players from different sports. One single entry can have players from the NBA, NHL, MLB, and MLS if desired. Users would then pick their entry fee and the type of bet and the payout will adjust according to those selections. This is one of the PrizePicks features that make their platform unique, but really fun at the same time.

While you’re at it, feel free to use the deposit match from your PrizePicks promo code.

There are two main types of bets with PrizePicks: the Power Play and the Flex Play.

The Power Play is their standard format, similar to a parlay, where all picks need to be correct in order for it to payout. Payouts scale with the number of players picked, so going four for four will pay out 10x the entry fee. Three for three will pay out 5x the entry fee. Two for two will pay out 2.5x the entry fee.

Flex Plays do not require all picks to hit. It allows for one pick to be wrong, but all payouts are lower than a Power Play’s payout even if all picks hit. For instance, four out of four will pay out 4x the entry fee. Three out of four will pay out 1.5x. Three out of three will pay 2x. It’s much like hedging your prop bet. In this case, you are hedging against one player not performing to their projection, which is why the payouts are lower. There is less risk, but also less potential reward.

Lastly, two out of three will pay 1.25x. Because of the over/under nature of these wagers, if any player hits the projection exactly, they get removed from the selection and the payout will reflect a wager with one less player. So, if a four-player wager has one player match their prediction exactly, the payout will reflect a three-player selection.

Be sure to review the PrizePicks guide for a breakdown of how to use the PrizePicks DFS app, enter contests, and how payouts are structured. You’ll want to be familiar with these concepts and how to play PrizePicks before diving in and placing your first prop bet.

Deposits and Withdrawals on your PrizePicks Account

When it comes to deposits and withdrawals, PrizePicks can be a little quirky. Users can deposit cash through multiple methods including PayPal, e-check, Visa, Mastercard, and American Express. This makes it easy to get money into your PrizePicks account and start playing and getting into the action.

Remember, when you make a deposit with any of these methods and you used our PrizePicks promo code, you’ll get a deposit match.

Withdrawals are where things get a little funky. PrizePicks has a maximum withdrawal value of $1,000 per week and a minimum withdrawal amount of $30. This means that users have to withdraw larger amounts in multiple withdrawals and may have to work across multiple weeks.

For example, if you have $5,000 in your account, you would need to make five separate withdrawals of $1,000 each. If you have $2,500 in your account, you would need to make two withdrawals of $1,000 and one withdrawal of $500. Of course, this excludes any deposit match you received from the exclusive PrizePicks promo code.

This can obviously be a bit of a hassle, but the fun and excitement of getting to play PrizePicks makes it worth it for many users.

Also, withdrawals are only available through e-check and payments usually take between two to five business days to process. That’s typical for most sports betting sites, but it’s something to be aware of when you’re looking to withdraw your winnings.

PrizePicks Availablility

PrizePicks FAQs

Given just how different the PrizePicks product is from DFS leaders like FanDuel, DraftKings, and Yahoo, players have plenty of questions. We address the most important and frequently asked questions we receive regarding the PrizePicks promo code in the FAQs below.

Is PrizePicks Legal?

Yes, PrizePicks is legal, licensed, and operates in regulated DFS markets. Although the contests on PrizePicks resemble player prop parlays, the app allows users to predict fantasy scores for players, and for this reason, is considered a DFS product.

That’s important because it means that PrizePicks is held to the same legal and regulatory standards as any other DFS site, which makes PrizePicks legal as any other site.

How Does a PrizePicks Deposit Bonus Work?

Unlike many DFS apps, PrizePicks gives you your full deposit bonus right up front when you use the PrizePicks promo code. The funds do need to roll over prior to being withdrawn, and the bonus can not be withdrawn. However, anything you win with your bonus cash is yours to keep.

One additional item to keep in mind is that all bonus funds expire after 90 days. For example, if you deposit $100 and get a 100% match, you’ll have $200 to play with. 

However, the $100 bonus is only available for use for the next 90 days. After that point, it disappears and only your winnings remain.

Does PrizePicks have an app?

Yes, in addition to a beautifully designed website, PrizePicks has an app available in both Apple Play Store and the Google Play Store.

The PrizePicks apps are extremely well executed and are easily our favorite fantasy apps that fall into the pick’em contest niche. You can log into your PrizePicks from anywhere while on the go and manage your picks. 

What’s even better, the PrizePicks promo code works on both the mobile app and web platform. You’ll get the same great deposit bonus regardless of how you choose to play.

Who can use PrizePicks?

PrizePicks requires that users are 18 or older and restricts deposits and withdrawals for customers who are not located in one of these states: AK, AL, AR, AZ, CA, CO, DC, FL, GA, IL, KS, KY, MA, MI, MN, NE, NM, NC, ND, OK, OR, RI, SC, SD, TX, UT, VT, VA, WI, WY.

PrizePicks will verify your identity and location prior to allowing you to enter your first online sports betting paid contest. So don’t try to sneak in from another state or you’ll be out of luck.

Are College Sports Available on PrizePicks?

Yes, PrizePicks offers college football and college basketball contests. There is a wide variety of college football prop-style contests available in the lobby today that your bonus funds can be used to enter.

As is the case with the NFL, both single-stat and fantasy score contests are available for college football players from every slate.

How does PrizePicks handle customer support?

Customer support is another area of the overall customer experience that PrizePicks absolutely nails. Live support is available 24/7/365 through the chatbox on the website and in the app.

Many players will interact with support as part of the location verification process. 

In our experience, PrizePicks had over 30 agents available, no wait, and were able to resolve our issue immediately. That is almost unheard of in the DFS industry.

Additionally, you can always email PrizePicks which will generate a ticket for your issue. If you’re having problems getting your exclusive PrizePicks promo code to work, send them an email and PrizePicks customer service will be glad to help you out.

Review and Rating for Current PrizePicks Bonus Offer

The rating we assign to each DFS promotion is a reflection of several factors.

First, we compare the offer and the terms of the offer to other daily fantasy apps. This gives us a baseline for how to rate the promotion.

Next, we look at the overall quality of the PrizePicks mobile app and reviews from current users. This allows us to have an understanding of what other DFS players feel about the app. This is important as we try to be as objective as possible when holistically assessing and rating the offer.

Our current 4.9 (out of 5) rating for PrizePicks puts it on par with our two favorite DFS apps for 2023, DraftKings and Underdog. This app is a must-try for daily fantasy fans looking to find a new app ahead of the 2022-23 NFL season. 

And with the PrizePicks promo code, it’s all the more reason to give them a shot and place some bets. After looking at various promos, we have to agree that this is possibly one of the best PrizePicks promotions you’ll find anywhere.

Review Current PrizePicks Promotions
Details PrizePicks is the perfect example of what can happen when a great idea is perfectly executed. The product serves a clear niche of fantasy players that want to try player prop betting, but live in a state without legal sports betting. The app is flawless, easy to use, looks great, and is available for both Apple and Android devices. The fact that the current promotion is also one of the best in the DFS industry makes PrizePicks one of the best options for fantasy players during the upcoming NFL season.
Author Chris Lollis
Rating 4.9 (out of 5)