The PrizePicks Promo Code for December 2024: Claim Your $100 Today

Published: 4 months ago
PrizePicks Daily Fantasy Sports welcomes new users with a 100% matched first deposit bonus of up to $100. To claim this offer, you need to sign up using the PrizePicks promo code and make a qualifying deposit.

Winnings from this bonus are instantly paid out in withdrawable credit without additional play-through requirements. The minimum deposit you need to make to qualify for this bonus offer is $10. Besides the first-deposit promo code, players also have access to recurring promotions. I have discussed all these and more in this review.

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PrizePicks: Pros & Cons
  • Great welcome bonus
  • Available to 33 states in the USA
  • Top notch customer support
  • Boost Me Up promos
  • Withdrawals process can be slow
DFS
Prize Picks DFS
Rating follows
  • Suitable for new players
  • Well-designed mobile app
  • Easy to make your picks
Prize Picks DFS Bonus
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Deposits & Withdrawals
Visa
Mastercard
Discover
Bank Transfer
PayPal
Applepay
T&Cs apply, 18+
Payment Provider Safety Approval rate
Visa high
Mastercard high
Discover high
Bank Transfer very high
PayPal very high High
Applepay very high
Published: 4 months ago

Introduction to PrizePicks promo codes

PrizePicks is one of the daily fantasy sports providers that are big on promo codes. The operator rolls out regular promotional offers meant to incentivize players to keep engaging on the platform. The most popular promo code offered by PrizePicks is the first deposit-matched bonus code, which unlocks a maximum of $100 in free bonus. If a bonus code is available in your location for this PrizePicks welcome bonus, it can be found on the banners of this site.

New users signing up with PrizePicks often have several options when it comes to promo codes. Some may have a referral code from a friend or from a verified PrizePicks partner. All these promo codes will work just fine; however, you may want to check that they are up-to-date. If a promo code has expired, you risk forfeiting the first-deposit bonus.

If you have a referral code other than the one listed on this review and are unsure whether it will unlock the first deposit-matched bonus, be sure to contact customer support for clarification. But if you don't have a promo code, using the bonus code provided on the banners of this site is the surest way to claim the welcome bonus.

Prize Picks
DFS Deposit Bonus
100% up to $100
T&Cs apply, 18+
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How to claim the PrizePicks first-deposit match bonus

Claiming the PrizePicks first-deposit match bonus is super straightforward. All you need to do is sign up and apply the PrizePicks promo code before making a deposit.

Here is a step-by-step procedure:

  • Load the PrizePicks official website or download the PrizePicks app from the Google Play Store or App Store.
  • Click sign-up and proceed to enter your email.
  • On the Promo Code input field, enter the promo code that is located on the banners of this site for your particular location. There is also an option to receive the best offer from PrizePicks if you don't have a promo code. If this is the case, you will need to tick the checkbox labeled "I don't have a promo code."
  • Click continue to enter your first and last name.
  • Proceed to enter your date of birth as it appears on your official identification documents.
  • Click continue to enter your address.
  • The final step is to create a strong password and tick the box to agree to the platform's terms and conditions.
  • Click Create Account. If the verification is successful, you can continue to deposit at least $10 into your account.

While signing up with PrizePicks, I noticed that the site requested access to my location. This is crucial to ensure that you are actually located within the jurisdictions where it is licensed to operate. If you fail to accept the request for location access, the sign-up process won't be successful.

Tips to using the PrizePicks first-deposit promo code

Now that you know how to enter a promo code on PrizePicks, it is time to explore a few tips for making the most of this bonus. Like any other first-deposit bonus, this promo code can be beneficial for new players. Here are the key tips to keep in mind:

Check the minimum deposit requirements

As highlighted above, the PrizePicks first-offer comes with a minimum deposit requirement of $10. Compared to most DFS operators, this is relatively low and can accommodate most players. It is worth noting that the minimum deposit requirements often change so it’s recommended to always double check for any updates before claiming a deposit bonus.

Always stick to your budget

If you are to enjoy playing DFS, you should stick to your gaming strategy and most importantly your budget. It can be tempting to want to make huge deposits so as to maximize the bonus offer. The risk with this is that you are not guaranteed the returns, so it is best to always have a budget and stick to it.

If your budget allows, you should make a larger initial deposit to unlock the maximum bonus offered. PrizePicks offers a maximum matched bonus of $100, meaning you will need to deposit $100 to receive the full bonus. One main advantage of this bonus offer is that you can withdraw the winnings after playing with the bonus funds once without additional play-through requirements.

Manage your promo funds properly

As noted above, PrizePicks allows users to withdraw their winnings from the first deposit bonus after using the bonus funds. However, you need to be strategic about placing lineups and proceeding with your gameplay. This is because PrizePicks will first pull from the promo funds balance when submitting a lineup. So, if you wish to continue playing after winning a lineup, you will be using the bonus and not the initial deposit, and this is important to keep in mind.

Understand the promo code terms and conditions

Promo codes, like other bonuses, are subject to constant changes. As noted in a recent ParlayPlay promo code review, most players rush through the terms and conditions page to their disadvantage. Overlooking some critical information, such as the play-through requirements, qualifying sports, and minimum qualifying deposits can negatively impact your gameplay.

Take the time to research and strategize your picks

Most DFS platforms update player statistics in real-time. For this reason, critical player information can be very dynamic and could affect performance trends and matchup data. If you are choosing between two QBs, for instance, you want to carefully analyze their past games against similar defenses and their current form. This helps mitigate the element of luck. The goal is to make informed decisions and identify undervalued players who are likely to outperform expectations.

PrizePicks promo code fast facts

As a new user, you probably have lots of unanswered questions concerning both the promo code and how the platform works. I have compiled a few of the most popular topics every new player would love to know.

Eligible payment methods

PrizePicks accepts deposits from some of the major card providers such as VISA and Discover. MasterCard only works for users in AL, CO, AZ, IV, VT, and VA. Instant bank transfers and PayPal accounts linked to a US bank account are also accepted. Similarly, Apple Pay can only be used for deposits and not withdrawals. If your deposits are rejected, you could be located in an ineligible state, have entered the wrong card information, or the name on your account doesn't match the name of the deposit method.

At the time of writing, prepaid gift cards, Chime, and American Express Cards are not accepted. For withdrawals, players can use their bank accounts, PayPal accounts, or debit cards that have been used to make deposits. PrizePicks has a 1X play-through requirement unless otherwise stated. The minimum withdrawal amount is $10, and only one withdrawal request can be processed within 24 hours.

PrizePicks promo code validity period

While every promotion often has a validity or expiration period, PrizePicks doesn't specify when their current offer will end. This simply means that the operator doesn't have plans to end the promotion in the foreseeable future. While this is great for new players looking to sign up in the near future, it also rules out the excitement factor of a potentially better welcome bonus for new players.

PrizePicks promo code terms of use

Like the other DFS platforms, PrizePicks has a number of restrictions as to who can claim the deposit bonus or enter contests on their site. For instance, players in Arizona must be above the age of 19, and in Massachusetts players must be above the age of 21, if they are to sign up and participate. Users belonging to or residing in the same household as a PrizePicks employee are prohibited from entering a contest. Additionally, all paid entry fees are final, and no refunds can be issued. If you have other questions concerning the site's terms of use, you can visit the "Terms of Use" page using the links in the footer section.

PrizePicks promo code for existing users

Prize Picks offers promo codes for existing users. These bonus codes are often sent directly to the user via push notifications, emails, or in-app popups. Bonus codes of this nature can be redeemed for free lineups or deposit matches. Before using these bonus codes, always check their terms and conditions. If you can't find these terms, contact customer support for assistance.

PrizePicks rewards and loyalty programs

Besides the new user first-deposit matched bonus, PrizePicks offers a variety of promotions, most of which can be accessed via the PrizePicks app or website. A regular promotion that is popular among users is the Discounted Projection, which is a limited-time offer that has a predetermined maximum lineup fee and cannot be combined with other promotional offers.

The other offers are free lineups, payout boosts (only eligible for full-game projections), and protected play. With the protected play promotion, the qualifying lineups receive additional protection in the event of a loss, while the payout rate will be standardized for winning lineups.

Lastly, users can also access weekly promotions, popularly known as Taco Tuesday and Flex Friday. With the Taco Tuesday promotion, members vote on a few projection squares, and the winning voters receive a discounted projection the following Tuesday. On Fridays, members receive a special bonus centered on the Flex Play format. Here, users opt into the promotion and proceed to create a "Flex Play." This lineup must be submitted by Friday at 11:59 ET to be eligible.

While reviewing the PrizePicks DFS platform, I did not find any dedicated loyalty program that awards free bonuses or points to players. However, this could become available in the future, so you should regularly visit the "Promotions" page to check for any updates.

Introduction to PrizePicks first-deposit promo code

Introduction to the PrizePicks bonus offer

The PrizePicks first deposit promo code offers new users a great opportunity to maximize their initial deposit. This matchup bonus, capped at $100, provides extra funds to enter more lineups right from the start. Some of the main benefits of this promo code are its simplicity, straightforward bonus terms, and play-through requirements.

Reality test

Getting started with PrizePicks is as simple as accessing the official website and creating an account. During sign-up, I entered all my credentials in five simple steps before proceeding to make a deposit. I entered a first-deposit promo code and deposited $50 using my VISA Card, after which I received an additional $50 in bonus credits.

I instantly used the bonus to place entries on the NFL and NBA, and the entire process was smooth. One thing I noticed is that you cannot combine the promo funds balance and the deposit balance. So every time I entered a line and submitted the picks, my promo funds were being used. This is not necessarily a bad thing; it simply means that players need to use the bonus funds with caution. When signing-up with PrizePicks, be sure to use the promo code found on the banners of this page if an offer is available in your location at the time you are signing-up.

Bonus withdrawal

Once you have placed your picks and have won from your bonus funds, you can request a withdrawal, which is often processed within 24 hours. Something to note is that you cannot withdraw your bonus funds instantly. They come with a 1x wagering requirement, meaning you must use the bonus at least once, after which any winnings can be withdrawn successfully. When making withdrawals, I used the bank transfer method, but you can also use a PayPal or debit card account that was used to process the deposit.

Pitfalls & what to avoid

Most players often make simple yet detrimental mistakes when claiming bonuses. Some of these mistakes are avoidable if the players are keen enough to read and understand the bonus terms and conditions. Even if the promo codes are presented on the homepage, you still need to check the wagering requirements, eligible games, and other essential details. Here are the other pitfalls every player should avoid when redeeming the PrizePicks promo code.

  • Overlooking the PrizePicks deposit requirements. PrizePicks promo codes often come with a minimum deposit requirement of $10, so make sure that you meet these requirements before claiming the bonus.
  • Typos in PrizePicks promo code entry. When entering the promo code, you need to be careful to avoid any typos or unnecessary spaces. As noted in the recent Underdog Fantasy promo code review, you should copy and paste the bonus code instead of typing it out manually. Next is to double-check and remove any unnecessary spacing before submitting.
  • Overlooking the PrizePicks bonus withdrawals terms. At the time of writing, players can only make a withdrawal request once every 24 hours. Similarly, not all the payment methods accepted for making deposits are eligible for withdrawals. Before requesting a withdrawal, always visit the "Withdrawals" page to check for any updates.
Verdict on the PrizePicks bonus

Having read through the entire review, you probably know why I highly recommend this platform and its signature bonus. Besides the easy-to-use first-deposit promo code and the straightforward bonus withdrawal requirements, PrizePicks also offers bonuses and promo codes for existing players. This ensures continued engagement and rewards beyond just the initial sign-up phase. If you are looking for a fun and straightforward DFS bonus, sign up with PrizePicks and claim the PrizePicks promo code today.

DFS Bonus
4.5/5
Prize Picks DFS Bonus
4.5/5
100% up to $100
Deposit Bonus
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T&Cs apply, 18+
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PrizePicks bonus: Final thoughts

PrizePicks is one of the many platforms trying to grab a share of the competitive DFS market.  This provider offers several promotions, as noted above, but the most lucrative is the first-deposit bonus capped at $100. Compared to popular promotions such as the DraftKings daily fantasy promo code, the PrizePicks first-deposit bonus has one main advantage – players can make instant withdrawals from their promo funds winnings. This is not always the case with most daily fantasy sports providers. If you are looking for a first-deposit bonus that is easy to use and with only a 1x play-through requirement, the PrizePicks welcome bonus is worth checking out.

PrizePicks promo code FAQ

🎁 Does PrizePicks offer other bonus codes besides the first-deposit promo code?

Yes. PrizePicks offer other bonuses and promo codes to existing players. These promo codes may unlock free lineups or deposit bonuses. When such promotions are available, members are notified via their emails, in-app popups, or push notifications. It is, therefore, crucial to sign up for the PrizePicks newsletter to receive promotions as soon as they are available.

💰 Can I claim the PrizePicks first-deposit bonus twice using different accounts?

No. PrizePicks only allows one user per account. Hence, it is not possible to create multiple accounts or to claim the deposit bonus twice. Any attempts to violate this regulation could lead to account closure and possible forfeiture of the available bonuses.

🤑 Which is the best promotion offered at PrizePicks?

Currently, the PrizePicks promo code welcome bonus is the best offer available on the platform. It is worth noting that the provider may roll out better bonuses in the future.

🤔 Does PrizePicks offer a no-deposit bonus offer for new users?

No. At the time of writing, new users need to make a minimum deposit of $10 to claim a 100% matched bonus. PrizePicks no-deposit promo codes are only available for existing players and are occasionally sent to the players directly via email or push notifications.

❓ How does the PrizePicks Promo Code compare to those from the top DFS providers?

Compared to popular promotions such as the Fanduel Fantasy promo code, PrizePick's first deposit promotion offers unique advantages. One key benefit is the option to withdraw your bonus winnings, with a 1x play-through requirement.

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