In this review, we’ll cover everything you need to know to get started with daily fantasy on PrizePicks. We cover the basics of creating an account, and just how simple it is to play a daily fantasy contest with PrizePicks.
In 2014, Adam Wexler recognized that being a Fantasy League Commissioner was “The Most Thankless Job in the World.” He wanted to find a way to make the job of commissioner less cumbersome. While working on a solution he and his team stumbled upon a new problem they wanted to address: How do you keep sports fans engaged throughout their favorite sports season, especially when their favorite hometown team or fantasy team is not doing well? This led to the first iteration of PrizePicks: SidePrize.
SidePrize allowed fantasy league members to raise the stakes on a weekly basis via skill-based side bets — my fantasy team vs. your fantasy team. This allowed for a greater return on investment from your fantasy league experience. SidePrize went on to win numerous awards from the Fantasy Sports Trade Association but the site went dark when the New York Attorney General deemed daily fantasy sports illegal gambling.
Though business was slow, Adam wanted to stay ahead of the curve and wanted to address other threats SidePrize faced: A lot of people want action, but they cannot find someone to take their action. Adam teamed up with some of his past colleagues at prior ventures, and PredictPicks was born as the second iteration of PrizePicks.
PrizePicks is Born
PredictPicks had a clear mission: Create the most simple, fast and fun daily fantasy game the industry has ever seen. By 2018 as they continued to grow one vision always remained constant: Members First. On October 4, 2018, the team graduated the game from Private Beta under a new brand called PrizePicks: Daily Fantasy, Simplified.
If you’re more of a Props player as opposed to Daily Fantasy Sports, think of PrizePicks like Monkey Knife Fight. The user predicts if players will go over or under their projected fantasy score. Pick two or more players. Choose Over or Under. Profit. It really is that simple.
Create An Account
Signing up only takes a few minutes. The process is simple and straightforward. All you need is your email, choose a username and password and you’re good to go. If you have a referral from someone, apply it at setup.
Right now PrizePicks is running a refer a friend program. For every friend that signs up & deposits, they give you $20 CASH. If your referral deposits over $100, you’ll also receive an ADDITIONAL 10% of the deposited amount in your promo balance instantly.
PrizePicks Sign Up Form
Once you have created an account, you’ll be directed to the home page. Here you will find everything needed to get started in the world of PrizePicks.
Right now on PrizePicks if you deposit now you are granted free entry and 25% match instantly. Up to $1,000 deposit is matched in addition to a free entry.
How to Enter A Contest
The interface shows the numerous amounts of sports that you can choose players to take unders and overs on their projected fantasy points. These include the NBA, NFL, MLB, MMA, PGA, EPL, MLS, NHL, NCAAF, NCAAB, eSports, and more. Playing the game is as simple as selecting your sport, and selecting 2, 3, or 4 players from the Big Board. Simply click on players to start placing an entry. You just need to make sure that you involve multiple players that represent multiple teams.
Once you select your players you then select whether you are going over or under on each player. You then select your entry amount and it shows you how much your entry will translate into winnings. You then confirm your entry and you are good to go. A winning entry consists of correctly picking the over or under for each player.
The aspect to note here is that payouts increase depending on how many players you select and how many you project correctly.
- 4-pick pays out 10x
- 3-pick pays out 5x
- 2-pick pays out 2.5x
- 3/4 correct on 4-pick pays out .2x
- 2/3 correct on 3-pick pays out .15x
- 1/2 correct on 2-pick pays out .1x
For example, if you enter a $100 4-pick entry and win, $1,000 will be credited into your account.
Depositing is simple and fast, offering a multitude of ways to deposit. This includes making a deposit to PayPal or through an E-Check. Winnings will be paid out the morning following games and credited to your account.
Users can withdraw their account balance once every seven days (maximum of $1,000 a week). The minimum withdrawal amount is $30. Withdrawals are set up through a withdrawal request form.
Request a Withdrawal Form
Some additional rules include deposits made to take advantage of promotions must be played through once before members can withdraw. Members must also play through deposited funds at least 1x prior to requesting a payout.
Fantasy Scoring Charts/Other Rules
Each sport has different scoring, but all are listed under the Fantasy Scoring Chart link. For example for NFL, it follows the new standard in fantasy football scoring as points per reception (PPR).
Other rules worth highlighting include that swapping out players must be submitted within one minute of entry placement. Additionally, if your player does not play the following will take place:
- If your entry consists of 2 picks, your money will be refunded
- If your entry consists of 3 or more picks, it reverts back to next tier ( eg. 3-player -> 2-player, 4-player-> 3-player)
PrizePicks combines the fun of prop betting found from sites like Monkey Knife Fight and adds a great daily fantasy football element to the game. All at a very simplistic level that can be absolutely great for beginners. Instead of rostering an entire team like on other sites, with PrizePicks picking an under or over on as little as two players makes it really easy and fun to sign up and play without being overwhelmed.
Get a Free Entry AND 25% match when you deposit!