How to Claim Free Chips and Bonus Codes at PrizePicks

PrizePicks players hunting extra value have multiple ways to stack free chips (bonus Lineups) and promo perks right now—especially if you’re brand new to the platform. From a new-user code that turns a $5 first entry into $50 in bonus Lineups to weekly specials like Taco Tuesday and Flex Friday, here’s how to claim what’s available and make sure none of it expires before you use it.

The $5-to-$50 PrizePicks signup deal: the quickest bonus to grab

The headline offer is built for new accounts: submit your first real-money lineup for at least $5, and PrizePicks credits $50 in bonus Lineups. That bonus balance is designed to fuel more entries—so you can keep building lineups without dipping back into your wallet right away.

To qualify, timing matters: you must enter a promo code during signup (before you place that first $5 lineup). PrizePicks commonly promotes codes like MAXBONUS, and you may also see codes such as PROMO, HANDLE, PLAYBOOK, LABS, BUSA, and PRIZESFA used for the same “Play $5, Get $50 in Lineups” style offer.

Key terms to know:

• Minimum to trigger: $5 first entry with real money
• Offer end: promos in this category may run through 12/31/25 (as advertised for the PROMO code), but always verify in-app before you submit
• Use-by window: entries generally must be placed within 30 days of receipt , and PrizePicks also notes bonuses not used within 90 days can expire (whichever applies to your promo)

How to enter a PrizePicks bonus code (and avoid the #1 mistake)

Most missed bonuses come down to one thing: players create an account and place an entry before applying a code. Don’t do that.

If you’re already past signup, check the Promos area—some offers are opt-in or automatic, but the new-user code typically needs to be applied up front.

Weekly promos that can juice payouts without extra deposit pressure

PrizePicks rotates recurring promos that reward active players, even after the welcome offer is gone.

Taco Tuesday runs every Tuesday and applies discounted projections in the app. It’s automatic, so you don’t need a code—just watch for the marked plays and build around them.

Flex Friday is the weekly boost day: PrizePicks advertises a 40% payout boost on a Flex Lineup. This one usually requires a quick manual opt-in in the Promos tab before you submit your lineup. Miss the opt-in and you miss the boost—so it’s worth checking before your picks lock.

Referral codes: turn your network into bonus balance

PrizePicks also offers a referral bonus system using a custom referral code. When someone signs up through your code and completes the qualifying steps (typically signup + deposit), you receive bonus balance instantly for each referral.

Referral details can change over time, so confirm the current rules inside the app/site Promos section before you share your code widely.

Where to find today’s best PrizePicks promos inside the app

PrizePicks tends to surface the most valuable offers right where you build lineups. Look for the Promos tab (or promotional banners on the home screen). That’s where you’ll see whether an offer is:

• Automatic (like Taco Tuesday)
• Opt-in required (like Flex Friday)
• Code-based (usually limited to new accounts)

If something looks good, don’t wait—promo windows can be short, and unused bonuses can expire.

Know what “bonus Lineups” actually mean before you plan withdrawals

PrizePicks typically credits promos as Lineups/bonus balance, not withdrawable cash. That means the $50 is meant to be played through on additional entries, and your cashout potential comes from the outcomes of those lineups—not from the bonus itself being redeemed directly.

Also keep an eye on expiration rules: PrizePicks notes that bonuses or promotions not applied to a contest within 90 days can be voided, and some welcome promos require usage within 30 days of receiving the bonus.

Eligibility check: where PrizePicks promos can be used

PrizePicks availability depends on location and game type. Player Picks are offered broadly across the U.S. (and parts of Canada), while Predict-style options vary by state. Age requirements can also differ by jurisdiction (often 18+, with some states requiring 19+ or 21+). If you’re unsure, confirm inside the app or via the site’s availability resources before depositing.

Quick player tip: build smarter lineups while you’re playing with bonus balance

Once your bonus Lineups hit, consider using them to test different lineup formats (2–6 picks) and payout styles so you learn how payout tiers shift when a pick pushes or a player doesn’t play. That’s an easy way to get more reps without risking extra cash—especially when weekly promos are running.

If you want a fast win on value, the best sequence is simple: apply a signup code before your first entry, trigger the $5-to-$50 offer, then keep checking Tuesdays and Fridays for the in-app promos that can stretch every lineup further. For a deeper look at the brand, see our PrizePicks coverage.