About

PrizePicks operates a daily fantasy sports platform where users can predict how well their favorite athletes will perform in various sports. Users choose between 2 to 5 players and decide if each will perform above or below a specific benchmark. The accuracy of these predictions determines the potential winnings, with users able to earn up to 10 times their entry fees. The platform is mainly aimed at sports fans in the United States and Canada, although some states have restrictions on participation. PrizePicks makes money through entry fees and offers real-money games, making it a popular option for fans who want to engage more with sports. The company has been recognized with several awards, including SBC Rising Star and Atlanta Top Workplace.

Simplify's Take

What believers are saying

• PrizePicks' partnerships with celebrities enhance its brand visibility and user engagement.
• The launch of 'Streak' expands PrizePicks' game offerings and market reach.
• PrizePicks' expansion in Atlanta will create 1,000 new jobs, boosting local economy.

What critics are saying

• Increased competition from new DFS platforms could erode PrizePicks' market share.
• Legal challenges in key markets like New York and California may impact operations.
• Rapid expansion could strain resources and lead to operational inefficiencies.

What makes PrizePicks unique

• PrizePicks offers a unique over/under prediction model in daily fantasy sports.
• The platform covers the widest range of sports among DFS operators.
• PrizePicks is the closest legal alternative to mobile sports betting in many U.S. states.

Help us improve and share your feedback! Did you find this helpful?

YesNo