Promotional Offers

Last updated: Apr 23, 2026

PrizePicks offers a variety of special promotions that are designed to create a uniquely exciting experience for our Members. Most promotions will show up in the app under the Promos tab and all promotions require opt-in before they can be used. Make sure you check the offer details when you opt in, as well as the expiration date which can vary depending on the type of promotion.

See below for a full list of the different promotions we offer, along with a brief description of each one:‍

Signup Bonus

When you first sign up for a PrizePicks account, you'll receive a signup bonus that automatically gives you five $10 Bonus Lineups that you can use for Player Picks as soon as you play your first Player Picks lineup of $5 or more. Cannot be used on Team or Culture Picks. First-time deposit is required.

Click HERE for more information.

Terms and Conditions can be viewed HERE.

Deposit Bonus

PrizePicks will match a percentage of your deposited funds (up to a predetermined limit). If you receive a Deposit Bonus offer, you must complete a 1x playthrough of the deposited funds before they can be withdrawn.

If you qualify for a Deposit Bonus we will notify you directly. All you have to do next is make a deposit and you'll see the bonus funds applied to your balance!

Referral Bonus

After you create an account, you will be assigned a unique, shareable signup code which can be found in your in-app Promos tab. For every new PrizePicks account that uses your code at signup, users in eligible states will earn Bonus Balance, which can be used to make Player Picks.*

‍**Bonus amounts vary by location*. Referral bonus can be earned up to 10 times in a 30-day period. States that do not have access to Player Picks are not eligible to receive this bonus

Demons and Goblins

In addition to standard Player Pick projections, you may see  squares that have a red Demon or a green Goblin icon.

Demons are a little wild. They're harder to win, but the lineup qualifies for higher payouts - up to 2000x!

Goblins love the green. They're easier to win, but come with lower payout multipliers.

Discounted Projection

PrizePicks will lower the stat projection on an individual Player Pick for a limited time, giving Members a better chance to win if they select MORE. Discounted projections typically have a predetermined entry limit (e.g. up to $20) and may not be combined with other promotional offers in the same entry.

Discounted Projections are positioned at the top of the board when active and are surrounded by a bright gold banner, making them easy to identify.  There will also be a countdown timer displayed next to the projection showing how long the offer will be available.

Max Discount

A special type of ultra-discounted Player Pick projection where the athlete you select only needs to record one of the required statistics (e.g. 1 point, 1 yard, 1 assist, etc.) for your "More" projection to hit.

See our full terms and conditions HERE.

Missions

From time to time, you may be assigned a Mission. These are specific tasks that offer special in-app rewards when completed. All Missions must be fully completed before their listed expiration date to earn the reward. Missions that require a winning lineup are not considered complete until the lineup is settled as a win and paid out. Check the carousel near the top of your home screen to see if you have any available Missions.

Note: Player Picks lineups that contribute toward Mission goals are not eligible for cancellation, even within the typical 5-minute cancellation window, unless there is a DNP in your lineup AND none of your games have started‍

Bonus Lineup

Bonus Lineups are fairly straightforward; you may submit one Player Picks lineup that does not remove any funds from your account. The entry fee is predetermined by PrizePicks, and cannot be adjusted by Members. Payouts for Bonus Lineups will deduct the value of the entry fee, unless the entry fee is greater than or equal to the payout.

If you have a Bonus Lineup available, we will notify you directly. You can find the details for any Bonus Lineup you're eligible for by navigating to the Promotions tab in the app. Just follow the instructions when selecting the lineup type and the number of squares, and leave the fee amount blank. Payouts from winning Bonus Lineups will always be awarded to your bonus balance according to standard payout rates.

Protected Play

Qualifying Player Picks lineups will receive additional protection in the event of a loss.

In order to create a qualifying lineup, you will need to opt in through your in-app Promotions tab. Then, confirm you want to use your Protected Play by tapping the check box when it appears. If a check box does not appear, your lineup will not qualify; you may need to adjust your selections and try again.

Winning lineups will receive the standard payout rate. If your lineup loses (or wins an amount lower than your entry fee), you'll receive a Bonus Lineup for the amount of your net loss on the lineup.

Payout Boost

PrizePicks will increase the payout for a Player Picks lineup that meets preset conditions (ex. a 3-Pick Power Play with all NBA athletes) for a limited time. Payout boosts are accessible through your Promotions tab in the app and are paid out as soon as your contest settles.

Payout boosts will apply to both High Score payouts and Minimum Guarantee payouts, depending on how you earn your initial payout.

Payout Boosts are ONLY eligible for full-game projections. Any lineup that includes a projection for a specific half, quarter, inning, season, or any other time period other than a full game will not be eligible for a Payout Boost, unless otherwise stated.

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