How to Get Free Entries on PrizePicks (2026 Guide)

A free PrizePicks entry is exactly what it sounds like: a chance to play without risking your own money, and the payouts are real cash (well, promo funds you can play through). The catch most people miss is that a free entry is only worth as much as the picks you put on it, so getting them is half the job and using them well is the other half. Here are the real ways to get free entries on PrizePicks, plus how I make sure a free entry actually turns into value instead of a wasted coin flip.

In Summary (TL;DR)

• Sign-up and deposit-match promos are the easiest free entries: a new-user offer or a deposit match effectively hands you free play.
• Loyalty entries show up for regular players, like a Vegas comp; you'll see them in the app under "My Entries → Free Entries."
• Challenges and giveaways are longer shots: PrizePicks occasionally runs in-app challenges and social-media giveaways that award free entries.
• A free entry is +EV value, so don't waste it. Spend it on the picks with the best true win probability, not the flashiest long shot.

Sign-Up and Deposit-Match Promos

The easiest free entries come from PrizePicks' new-user and deposit offers. A first-time deposit match effectively turns part of your deposit into free play, and from there the possibilities for how you stretch it are wide open. These offers change over time and by state, so check the current promo in the app or on PrizePicks' site before you sign up, and read the terms (the playthrough and any caps) so you know exactly what you're getting.

Two things to note about any free-entry token you receive:

• The entry amount is set by PrizePicks and can't be adjusted.
• Any winnings from a free entry are awarded as promo funds, which you then play through.

Loyalty Free Entries

PrizePicks also hands out free entries to players who use the app regularly. Think of it like a player comp in Vegas: play at the Bellagio or Caesars 🎁 enough and they hand you perks for being a valued customer. PrizePicks' version is the occasional free entry for loyal users. You'll be notified in the app, and you can find any you have by opening the app, going to the My Entries tab, and selecting Free Entries.

Challenges and Giveaways

This last route is more of a long shot, but it's free to try. From time to time PrizePicks runs challenges that ask users to complete a set of tasks or predict the outcome of a game or projection, with a free entry as the reward. They also run giveaways, usually on their social channels (X, Instagram, TikTok). The odds of landing one aren't great, but they cost you nothing, so following their accounts and watching for in-app announcements is worth it if you're hunting free entries.

The Part Everyone Skips: Spend a Free Entry on +EV Picks

Here is where most people leave money on the table. A free entry is real value, but it's only as good as what you put on it. Burn it on a six-leg long shot because it's "free" and you've wasted it. The way I treat a free entry is the same as any other: I fill it with the picks that have the highest true win probability at their PrizePicks line, because that is what actually converts a free entry into profit over time.

That comparison, across a full slate, is what I lean on Stokastic's Prop Tools and PrizePicks Prop Tool for. They pull odds from across the betting market, adjust for sharpness and hold, and give a projected win probability for every PrizePicks pick, so the free entry goes on the genuinely +EV plays instead of a coin flip. If you're new to how the payouts scale, our PrizePicks multipliers guide breaks down Power vs Flex.

Don't waste a free entry on a long shot. Stokastic's Prop Tools show the projected win probability and the +EV side of every PrizePicks pick. Use code STOK10 for 10% off your first Stokastic Sims payment: Get Stokastic Sims.

FAQ

How do I get free entries on PrizePicks? Three main ways: a sign-up or deposit-match promo (the easiest), loyalty free entries awarded to regular players, and occasional challenges or social-media giveaways.

Where do I find my free PrizePicks entries? Open the app, go to the My Entries tab, and select Free Entries. PrizePicks also notifies you in-app when you receive one.

Do free PrizePicks entries pay real money? Winnings from a free entry are awarded as promo funds, which you play through; the entry amount is set by PrizePicks and can't be changed.

Is there a PrizePicks promo code for free entries? PrizePicks' sign-up and deposit offers change over time and by state. Check the current promo in the app or on their site, and read the terms before depositing.

Is betting on PrizePicks legal? PrizePicks' availability and product format vary by state and change over time (more on that in is PrizePicks gambling or DFS). Check what's offered where you are, play 21+, and within your means.

Make Your Free Entries Count

Getting free entries on PrizePicks is mostly about watching for the promos, racking up loyalty perks, and catching the occasional giveaway. The bigger edge is what you do with them: fill every free entry with genuinely +EV picks and they become a real, repeatable add to your bankroll. (Can't play PrizePicks where you are? See the best PrizePicks alternatives.)

Spend your next free entry on the +EV picks with Stokastic's Prop Tools, and brush up on the payouts in our PrizePicks multipliers guide. New members get 10% off their first Stokastic Sims payment with code STOK10: Start with Stokastic Sims.

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