How Do PrizePicks Multipliers Work?

Pick’em apps are one of the most widely used daily fantasy platforms out there, and none has had more staying power thus far than PrizePicks. The format is simple: Choose if players will exceed or fall short of projected stats. The more accurate picks you make, the greater your payouts. This basic system is common across most pick’em platforms. However, apps like PrizePicks have unique payout structures, especially with how they place multipliers on winnings. So how exactly do PrizePicks multipliers function, and what differentiates their payout system from other pick’em apps like Underdog and Sleeper?

In this guide, we’ll delve into the details of PrizePicks’ multiplier system and offer strategies to leverage it effectively when creating your PrizePicks entries. 

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How Do PrizePicks Multipliers Work?

PrizePicks’ multiplier system closely resembles the typical format found on most DFS pick’em apps like Underdog Fantasy. The multipliers are fixed based on the number of picks you make, offering options for either high-risk, high-reward entries or more forgiving entries where you can afford to miss a pick or two. While the specific multipliers differ from those on PrizePicks, PrizePicks also incorporates a unique modifier system that can enhance your overall entry multiplier. Here we will explore all the aspects of PrizePicks’ payout structure.

PrizePicks Power Play

Power Play entries are closer to the standard pick’em entry style, meaning it’s all or nothing. The maximum payout for getting all your picks correct in an entry is higher, but get one wrong and you take home jack diddly squat. You can enter two picks for a Power Play, but the cap for these is four picks. Here is the payout structure for PrizePicks Power Plays:

PrizePicks Flex Play

A Flex Play is one where you can still cash in despite getting part of your entry wrong. The tradeoff is the maximum payout for getting all of your picks right is reduced, but you can still earn a minimum of 1.25x your investment by hitting most of your picks in a Flex Play. Note that you must have at least three picks to submit a Flex Play entry, with a maximum of six. Payouts for Flex Plays are as follows:

PrizePicks Demons and Goblins

We have a full breakdown of PrizePicks Demons and Goblins here, but basically, Demons boost your payouts and Goblins make them slightly lower. You have to play the More side of Demons and Goblins. Demons have elevated projections and are harder to win, but they also give you a major payout boost, potentially up to 100x your stake. Goblins have lower projections and are thus easier, but they don’t pay out as much.

Adding six Demon squares gets you to that maximum payout of 100x, but generally the best strategy is to mix some of each if you’re wanting to play Demons and Goblins. There is no set multiplier for Demons and Goblins, so be sure to check on your total payout before submitting your entries.

PrizePicks Picks Tools & Tips

Turning your passion for sports into profit can be challenging, but Stokastic’s tools are designed to help you achieve just that. Our industry-leading pick’em tools help you identify the players and picks with the highest potential return on investment (ROI). Curious about how our PrizePicks tool works? Below we will provide a brief overview, but for a more detailed explanation, check out our guide to winning at PrizePicks pick’em.

Our tools aggregate odds from across the sports betting market, adjust for sharpness and hold, and then provide a projected win probability for any pick on PrizePicks. This allows you to see which plays have the highest expected value on a given slate, helping you to build a stronger lineup. Additionally, you can assess the players and lines you’re considering to ensure they offer the value you expect.