PrizePicks promo code and app review: Play $5, Get $50

Here's a look at the latest PrizePicks promo code and review of the app

Chinmay Vaidya

Apr 28, 2026

8:56 am ET

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14 min read

Aspiring sports bettors who want to focus more on daily fantasy sports have a handful of options, with one of those outfits is PrizePicks. We'll look at the latest PrizePicks promo code the platform is offering and what users who sign up can expect to receive.

PrizePicks promo code for April 2026

PrizePicks is offering $50 to users who make a $5 play or more in a contest on one of the leading DFS apps. Here's how those interested can get the offer.

PrizePicks promo code

None required

PrizePicks Fantasy bonus offer

Play $5, Get $50

PrizePicks Fantasy legal states

45 states and Washington D.C.

PrizePicks Fantasy deposit methods

PayPal, Venmo, Bank Account, Apple Pay, Credit/Debit Card

Terms and conditions

Must be of legal age in a state where PrizePicks operates

Promo code last verified

April 28, 2026

There are other DFS platforms outside of PrizePicks offering promotions for new users. Here's a look at the offers from Sleeper, Underdog and Dabble.

DFS App

Bonus offer

Promo code

PrizePicks

Play $5, Get $50

None required

Underdog

Play $5 in fantasy entries get $50 in bonus entries

CBSSPORTS2

Sleeper

100% Deposit Match up to $100

CBSSPORTS

Dabble

CBSDAB

PrizePicks is offering a promotion most comparable to Underdog, as both offer a $50 bonus by playing $5. Users who are interested in trying daily fantasy sports without investing anything will be drawn to Dabble, which is giving away $25 simply for signing up.

PrizePicks Fantasy minimum age, terms and conditions

Most users must be at least 18 years old to sign up for PrizePicks. Users in Alabama and Colorado must be at least 19 years old, while users in Arizona, Iowa, Louisiana and Massachusetts must be at least 21 years old.

How to sign up for PrizePicks promo code

- Go to PrizePicks.com and click on the "Claim Your $50 Now". Make sure your location services are enabled so the platform can verify your eligibility to play.

- Enter your information to create an account and make a deposit of at least $10. Make sure there is a promo code being applied. The code might vary depending on how you've attempted to sign up.

- Submit your first lineup in a contest for at least $5.

- PrizePicks will deposit $50 in promo funds to your account.

How to play on PrizePicks Fantasy app

There are three different contests users can enter on PrizePicks. The most common type of contest, Pick 'Em, is available in 19 states plus Washington D.C. In this format, users select two to six player statistics to make predictions on, guessing if the player will go higher or lower than the number for that statistic by selecting "More" or "Less."

Just click the Board button at the bottom of the PrizePicks app to get started. At the top of the Board section, you can choose which sport you want and begin building an entry. For example, after choosing NBA, I was presented with potential player picks and various categories to choose from, like points, rebounds and assists.

On this day, I chose rebounds and added:

- Ausar Thompson more than six rebounds

- Karl-Anthony Towns less than 13 rebounds

- Myles Turner more than 6.5 rebounds

A pop-up to Finalize Lineup appeared which allowed me to complete my entry and choose what kind of entry I wanted to play. Users can choose whether to submit their entry as a Flex or Power Play.

In a Flex Play, users can get picks incorrect and still receive a payout. With the example entry above, two correct picks was worth 1x, which is just your full entry fee amount returned. Three correct picks out of three in this Flex Play returned 2.25x. So a $10 entry would have returned $22.50. Users must select at least three picks to be eligible for Flex Play.

In a Power Play, users must get all picks correct to get paid out. Three out of three picks for the entry above returned 5x ($50 payout on $10 entry).

Here are the payouts details on PrizePicks:

Number of selections

Power Play payout

Flex Play payout

6 picks

37.5x

6/6 - 25x

5/6 - 2x

4/6 - 0.4x

5 picks

20x

5/5 - 10x

4/5 - 2x

3/5 - 0.4 x

4 picks

10x

4/4 - 5x

3/4 - 1.5x

3 picks

3/3 - 2.25x

2/3 - 1.25x

2 picks

N/A

Pick 'Em Arena, which is available to users in 17 states, follows the same payout structure as Pick 'Em. For users in Colorado, each entry in Pick 'Em Arena must contain at least three picks. The entry follows the same format as Pick 'Em, but user entries are automatically submitted to a group depending on the time of submission, user's skill level and number of picks made. Based on how you do in the group, you can win even more. If multiple players tie for first place in a group, the prize is split unless there's a winning Flex lineup in the group. Here's how picks are scored in a group setting.

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