PrizePicks is probably one of the most exciting ways to play daily fantasy games online. And that’s because their daily fantasy games are super easy to participate in, entertaining to play, and incredibly profitable.
At Prizepicks, the slogan of winning big isn’t just a marketing strategy but the reality of the game.
Their payouts are very generous. Prizepicks members can win up to 10X of their money! Again, for a fantasy game that paid over $130 million just in 2021, it’s impossible to ignore their results, but do you know how Prizepicks payouts work?
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How Do Prizepicks Payouts Work?
Prizpicks makes their games incredibly easy, and after you select your 2-5 player props and pick whether you want to choose over or under, you will have two play choices; Flex or Power Play.
And while both options offer great payouts, they will ultimately provide different results.
Most games involving betting require you to be right in your bet to receive a payout, but that’s not exactly true with Prizepicks. But let’s explore the two main payout systems that Prizepics offers.
The Two Main Prizepicks Payout System: Flex Play & Power Play
Power Play is probably one of the well-known payout systems as it’s similar to other payout systems from different betting platforms; you need to get all your bets correct to get a payout.
However, this doesn’t apply to Flex Play, as in this type of bet, you don’t need to be accurate in all your selections to get a payout.
Still, one thing you need to keep in mind when choosing Flex Play is that the amount of payout you will receive is usually less compared to Power Play.
But to better understand how Prizepick’s two main payouts work, we should look closely at how Power and Flex Play work.
Power Plays
If you are looking for a game that offers you higher awards and yet you are comfortable with taking risks, then power play can potentially be the best payout game for you. You only need to pick one or more props, and if you get all your choices correct, you can get a massive payout! However, you only need one to be wrong to lose your bet.
And if any of your picks is ruled out a DNP( did not play) or in the event of a draw, that specific entry reverts instantly to the next payout.
If you have a 4-pick Power play, for example, if one of your entries becomes a DNP or ties, your bet automatically becomes a 3-Pick Power play instead. This, of course, saves your entries from the unexpected.
One thing you will also need to know when it comes to Power play payouts is that your payout will be bigger depending on how many picks you choose.
For example, if you only pick two and both choices win, your payout will be 2.5x of your entry fee. And if you select 3, and all your picks win, your payout will be 5x your entry fee.
However, if you pick four and all your choices win, then your payout will be 10x your entry fee. As you can see, the amount of payout that Prizepicks pays can be massive.
Here are just some examples of Prizepicks Power Play payouts when you get all your picks to win:
- $10 on a two-pick Power Play will return as $20 in payout
- $10 on a three-pick Power Play will return as $50 in payout
- $10 on a four-pick Power Play will return as $100 in payout
Flex Plays
Now, if you are looking for a safer way to play Prizepicks, then Flex play may be the best way to play! With Flex play, you can still get some payout even when one or two of your picks doesn’t win.
And this is why Flex Play is usually the best way to start playing Prizepicks, as it offers a safer way to play with less chance of losing money.
And while Flex Play doesn’t pay as much as a power play, this doesn’t mean that Flex plays payouts are that small. Just like Power play, you can still win 10x your entry fee.
Here are just some examples of Prizepicks Flex Play payouts when you get all your picks to win:
If you select five picks
- $10 on a five-pick Flex Play will return as $100 in payout if all choices win
- $10 on a five-pick Flex Play will return as $20 in payout if only four choices win
- $10 on a five-pick Flex Play will return as $4 in payout if only three choices win
If you select four picks
- $10 on a four-pick Flex Play will return as $50 in payout if all choices win
- $10 on a four-pick Flex Play will return as $15 in payout if only three choices win
If you select three picks
- $10 on a three-pick Flex Play will return as $20 in payout if all choices win
- $10 on a three-pick Flex Play will return $12.50 in payout if only two choices win.
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Prizepicks Special Payouts
Did you know that Prizepicks can offer special payouts that can go as high as 15x your entry fee?
While the payouts mentioned above are a part of the PrizePicks standard games, sports play such as NFL, PGA, or MLB have a more increased potential payout if you hold the right combination of selections and can pay as much as 15x your entry fee. And PGA payouts can go as high as 12.5x your entry fee.
PrizePicks also tends to offer periodic payout promotions, allowing its members to win even more considerable payouts! For example, Prizepicks offered 22x payouts on the New Year’s of 2022!
How Prizepicks Withdrawl Works
And when it comes to withdrawing your payout, Prizepicks rules are a little tricky. You will be able to deposit through many methods, such as Visa, American Express, e-check, and Paypal.
And when it comes to withdrawing your money, you won’t be able to use all of those methods as Prizepicks only makes available withdraws through e-check, and payments can take between two to five days; there are also some limits on how much you can withdraw per week.
PrizePicks carries a maximum withdrawal limit of $1,000 per week and a minimum withdrawal limit of $30. So it would be advisable to work out how much you can withdraw per week and potentially plan your withdrawals through multiple weeks.
If you’re looking to refund your money, you can read their refund policy here.