How to Make the Most Out of Each Bonus at PrizePicks
PrizePicks’ “Play $5, get $50 in Lineups” signup deal is one of the fastest ways to supercharge your first week of entries. Enter a promo code like MAXBONUS (other common codes include HANDLE, PLAYBOOK, LABS, BUSA, PRIZESFA), deposit at least $5, submit your first $5 lineup and the $50 in bonus lineups drops into your account almost instantly. The offer ends 12/31/25 and qualifying entries must be placed within 30 days, so act quickly if you haven’t claimed it yet.
Smart use: don’t burn the $50 on a single all-or-nothing gamble. Spread it across multiple low-to-medium risk lineups (two- or three-pick combos), mix sports and time zones to avoid simultaneous outcomes, and favor players with stable roles. Remember bonus lineups are credited as playable balance, not cash, and pushes/DNPs can change your payout tier — build lineups with that in mind.
Make Tuesday discounts pay off every week
Taco Tuesday automatically applies discounted projections in the app, giving a smaller price to certain player lines. Because it’s an automatic, recurring promotion, Taco Tuesday is perfect for steady growth: target high-confidence projections that become profitable at the reduced price, or use the discounts to test new sports and stats without blowing your bankroll.
Smart use: lock in a few smaller entries on Tuesdays rather than one large wager. That reduces variance and gives you multiple shots at banking wins across the slate.
Use Flex Friday boosts to amplify mid-risk plays
Flex Friday offers a 40% payout boost on Flex lineups and requires manual opt-in from the Promos tab. A Flex lineup already pays out for partial hits, and the boost can make mid-range success much more lucrative. Opt in when you’ve got several confident but not-perfect projections — the boost multiplies what you’d normally pocket for hitting more of your picks.
Smart use: pick lineups where you expect three or four solid hits rather than going for a perfect five- or six-pick miracle. Because this is an opt-in promo, check the Promos tab early on Fridays so you don’t miss the window.
Turn referrals into dependable bonus flow
PrizePicks’ referral system credits bonus balance when someone signs up and deposits using your custom referral code. This is recurring value you can stack with other promos, especially if friends claim their new-user welcome offer at the same time.
Smart use: share the referral with people who enjoy the same sports you play. When a friend uses a welcome code and completes the qualifying entry, both of you benefit — and multiple referrals add up faster than chasing single big wins.
Manage bonus balances like a pro and avoid wasted value
Bonuses at PrizePicks are delivered as lineups or bonus balance and must be used within the platform; they aren’t cash until you convert winnings from played lineups. Any bonus not applied to a contest within 90 days will terminate, and certain promos (like the new-user $50) can have shorter windows or additional conditions. PrizePicks supports many deposit methods — Visa, American Express, Bitcoin/BTC, Ethereum/ETH, Litecoin/LTC, Tether/USDT and more — and customer help is available through FAQ, live chat, or support@prizepicks.com if you hit a snag. For a full look at the site’s features and availability, see our PrizePicks review.
Smart use: calendar the expiry dates for each bonus and prioritize using time-sensitive credits first. Check the Promos tab so you don’t miss manual opt-ins. Keep your real-money bankroll separate from bonus lineups so you can deploy each for the optimal matchup or campaign.
Game-aware strategies that convert bonuses into wins
Conservative plan: Use bonus lineups on two-pick entries with players who have consistent minutes and predictable stat floors. You’ll trade ceiling for steadier returns and protect bonus value.
Balanced plan: Split the bonus into three- and four-pick lineups across different sports or time blocks. Leverage Taco Tuesday discounts for low-risk entries and save Flex Friday for the best mid-risk roster you’ve assembled.
Aggressive plan: If you’re chasing a big payout, allocate a smaller portion of bonus lineups to a higher pick-count entry on a day you’ve identified multiple mismatches. Only use this approach after you’ve captured a few steady wins and understand how pushes and DNPs will affect your payout.
Use the platform’s payout modes to your advantage — PrizePicks supports different payout structures and can deliver outsized returns for perfect lineups (the advertised top multipliers can be large), but remember that DNPs and pushes lower the effective payout tier.
Get the most while the window is open PrizePicks hands out several recurring and limited-time promos that can change how you build lineups, bankroll, and risk. Claim the new-user $50 while it’s still active, schedule Taco Tuesday plays, opt in on Fridays for the payout boost, and turn referrals into steady bonus credits. With a few smart, game-aware choices and attention to promo windows and terms, you’ll stretch every bonus into more play, more chances to win, and far better long-term value.