Updated September 29, 2026 · WagerCue Editorial Team
draftkings vs PrizePicks
draftkings
Higher score in this comparison
PrizePicks
What sets them apart
| Compare | draftkingsReviewSee alternativesSee alternatives | PrizePicksReviewSee alternativesSee alternatives |
|---|---|---|
| Welcome offer | Spend $5, get $150 in bonus bets | Play $5, get $150 in Bonus Lineups if you win |
| Regulators | UK Gambling Commission, Malta Gaming Authority | Commodity Futures Trading Commission, National Futures Association |
| Minimum deposit | $5Lower | $10 |
| Withdrawal time | Instant for most methods | Under 72 hours |
| Payment methods | Apple Pay, Venmo, PayPal, DK gift cards | Visa debit, Mastercard debit, Instant bank transfer, Apple Pay, Venmo, PayPal, Amex credit or debit, Discover credit or debit, Visa credit, Mastercard credit |
| Sports markets | NFL, NCAAF, NBA, NCAAB, MLB, NHL, Soccer, Golf, Tennis, UFC, Boxing, MMA, NASCAR, F1, Cricket, Darts, Snooker, Squash, Surfing, Table tennis, Cycling, Curling, Rugby, Handball, Volleyball, Lacrosse, ESports, Olympics, Horse racing, Track & field | NFL, College football (CFB), NBA, WNBA, MLB, Tennis, UFC, PGA, Soccer, Culture events |
| Withdrawal time (hours) | 0 hoursLower | 72 hours |
| Sportsbook type | Bookmaker, DfsCovers more | Dfs |
| Wagering requirement | 25 | Not confirmed |
| Cash out | Yes | Not confirmed |
| Responsible gambling tools | Not confirmed | Deposit limits |
| Wagering applies to | Deposit plus bonus | Not confirmed |
| Bonus match | 20% | Not confirmed |
Same on both: ID checks (Required), Maximum bonus ($150), Bonus types (Free bet).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- draftkings scores higher overall: 9.1 vs 8.9.
- Regulators: only draftkings offers UK Gambling Commission, Malta Gaming Authority.
- Regulators: only PrizePicks offers Commodity Futures Trading Commission, National Futures Association.
- Founded is lower at draftkings: 2012 vs 2015.
- draftkings is licensed in 1 more country.
- draftkings is available in 1 more country.
- Payment methods: only draftkings offers DK gift cards.
- Payment methods: only PrizePicks offers Visa debit, Mastercard debit, Instant bank transfer.
- Sports markets: only draftkings offers NCAAF, NCAAB, NHL.
- Sports markets: only PrizePicks offers College football (CFB), WNBA, PGA.
Our verdict on each
draftkings
DraftKings suits adults who want a broad sportsbook, a low entry point and quick payouts. Its Spend $5, get $150 in bonus bets offer pays in bonus bets rather than cash, and the 25 wagering requirement applies on a deposit plus bonus basis, so read the terms before opting in.
PrizePicks
PrizePicks suits US adults who want a pick-based daily fantasy product and a $150 new player offer, overseen by Commodity Futures Trading Commission and National Futures Association. The trade-offs are a thin responsible gambling toolset, a support desk on chat, help centre and community only and a narrower product than a full sportsbook.
Score breakdown
| Area | draftkings | PrizePicks |
|---|---|---|
| Cost | 9.0HigherA $5 entry point sits below the €8.77 across the site. | 8.7A $10 minimum deposit sits above the site median of €8.77 and ranks 41 of 89 brands on that measure. |
| Offer | 9.1Spend $5, get $150 in bonus bets in bonus bets, wagered at 25 on a deposit plus bonus basis. | 9.1The welcome bonus offer pays $150 in free bet form, and a winning pick is what releases the bonus picks. |
| Trust | 9.1Higher | 8.9 |
How they place
| Ranking | draftkings | PrizePicks |
|---|---|---|
| Betting sites and sportsbooks | 99 of 644 | 217 of 644 |
| Daily fantasy sports | 4 of 10 | 8 of 10 |
| Betting apps | 53 of 213 | 127 of 213 |
Where each is licensed and available
| Country | draftkings | PrizePicks |
|---|---|---|
| Malta | Not confirmed | |
| United Kingdom | Not confirmed | |
| United States | Not confirmed |
Additional countries for draftkings: 2. Additional countries for PrizePicks: 1.
Where these facts come from
draftkings
- sportsbettingdime.com: 15 facts, checked September 26, 2026
- en.wikipedia.org: 5 facts, checked September 26, 2026
PrizePicks
- prizepicks.com: 14 facts, checked September 26, 2026
- en.wikipedia.org: 4 facts, checked September 26, 2026
Every fact side by side
| Fact | draftkings | PrizePicks |
|---|---|---|
| Features | Fast payouts, Mobile appCovers more | Mobile app |
| Pricing model | Welcome bonus | Welcome bonus |
| Legal entity | DraftKings Inc. | SidePrize LLC |
| Headquarters | United States | United States |
| Founded | 2012Lower | 2015 |
| Support channels | Not confirmed | Chat, Help centre, Community |
Where each stands against the rest
| Fact | draftkings | PrizePicks | Median |
|---|---|---|---|
| Minimum deposit | $5lowest quarter | $10at the median | $10 |
| Wagering requirement | 25above the median | Not confirmed | 15 |
| Bonus match | 20%lowest quarter | Not confirmed | 100% |
| Maximum bonus | $150lowest quarter | $150lowest quarter | $1,000 |
| Withdrawal time (hours) | 0 hoursbelow the median | 72 hourshighest quarter | 1 hour |
Median across 165 listed gambling operators.
Pros and cons
draftkings
Pros
- Licensed by the UK Gambling Commission and the Malta Gaming Authority
- A $5 minimum deposit, below the site median of €8.77
- Withdrawals are instant for most methods according to Instant for most methods
Cons
- The welcome offer is bonus bets rather than cash, with a 25 requirement on a deposit plus bonus basis
- KYC checks are required, so identity documents are needed before betting
- The $5 entry point ranks 21 of 89 brands compared on this measure
PrizePicks
Pros
- Oversight is clear and identity checks are strict: Commodity Futures Trading Commission and National Futures Association oversee the brand, and identity verification is required before entries are accepted.
- Coverage is wide for a pick-based product, with NFL, College football (CFB) and NBA listed.
- Funding is flexible, since Visa debit, Mastercard debit and Instant bank transfer covers cards, instant bank transfer and mobile wallets.
Cons
- Responsible gambling tooling is thin: the recorded set is deposit limits, so a deposit cap is the only listed control.
- Support runs on chat, help centre and community only, with no phone line in the recorded channels.
- A $10 minimum deposit sits above the site median of €8.77.
Who each suits
draftkings
Who it suits
- Adults in GB or MT who hold the identity documents the account needs
- Betters on North American leagues, given the coverage of NFL, NCAAF and NBA
- Players who want daily fantasy sports and a fixed odds bookmaker in one account
Who should look elsewhere
- Readers who want a cash welcome offer, since the offer here is bonus bets
- Polish players who want a local licence, where totalbet holds one
- Players who want a threshold KYC policy or a listed crypto setup, since the policy here is required
PrizePicks
Who it suits
- Adults in the US who want a pick-based daily fantasy product and a $150 new player offer rather than a full sportsbook.
- Players who want broad funding choice, since Visa debit, Mastercard debit and Instant bank transfer covers cards, bank transfer and mobile wallets, alongside a stated Under 72 hours payout window.
- Readers who prefer US oversight through Commodity Futures Trading Commission and National Futures Association and identity verification that is required.
Who should look elsewhere
- Readers who want a domestically regulated bookmaker should compare totalbet, which is regulated by Minister Finansów RP (Ministry of Finance of Poland).
- Anyone after a Slovakian licence holder should see Synot Tip SK, regulated by Urad pre regulaciu hazardnych hier (URHH).
Current offers
draftkings
Current offer
Bonus
Spend $5, Get $150 in Bonus Bets: $150 in bonus bets
Deposit $5, place $5+ first wager at min odds -500; $50 paid day 0, 7, 14; bonus bets expire in 7 days; ends 10/18/26
Source, checked September 26, 2026
Bonus
20% deposit match in DK Dollars: 20% up to $1,000
25X playthrough of deposit; not available in Massachusetts
Source, checked September 26, 2026
Bonus
500 casino spins + 24-hour lossback: 500 spins + up to $1,000 casino credits
Opt-in; new casino customers; 24-hour lossback period
Source, checked September 26, 2026
Bonus
NFL 50% Profit Boost: 50% profit boost
Opt-in; any NFL Sunday bet; bonus bet token required
Source, checked September 26, 2026
Free bet
King of the Court: Share of bonus bet prize pool up to $1,000,000
Opt-in; NBA player prop at min odds -200; Tuesdays in season
Source, checked September 26, 2026
PrizePicks
Current offer
Bonus
New Member Offer, code PLAYBOOK: Play $5, get $150 in Bonus Lineups if you win
First deposit $10 min; win first eligible $5+ Lineup within 14 days; claim in Rewards tab within 7 days; use Bonus Lineups within 7 days
Source, checked September 26, 2026
Bonus
Guarantee Picks: More hits on 1 yard, 1 point or 1 strikeout
Player Picks only; limited times; check Explore tab
Source, checked September 26, 2026
Bonus
Profit Boosts: Higher payout on eligible Lineup
Use a Boost on an eligible Lineup; not on combined Player+Team
Source, checked September 26, 2026
Bonus
Protected Plays: Bonus Lineup equal to net loss
Opt in on Rewards tab; Winning Lineups pay out
Source, checked September 26, 2026
Country by country
| Country | draftkings | PrizePicks |
|---|---|---|
| Malta | Yes | No |
| United Kingdom | Yes | No |
| United States | No | Yes |
Questions about each
draftkings
What welcome offer does DraftKings offer new customers?+
The offer is Spend $5, get $150 in bonus bets, made up of bonus bets rather than cash. Bonus bets carry a wagering requirement of 25, calculated on a deposit plus bonus basis. Wagering through the bonus does not turn it into withdrawable cash, so it reads better as a stake to use than as a payout.
What is the minimum deposit at DraftKings?+
The minimum deposit is $5, which sits below the site median of €8.77. On the same measure DraftKings ranks 21 across 89 brands compared, so the entry point sits toward the low end of this list.
PrizePicks
What does the PrizePicks welcome offer give new players?+
The new player offer is a welcome bonus worth $150, described by the brand as a stake with bonus picks returned when the play wins. It is paid in free bet form rather than as cash handed over at sign-up, so the value depends on the entry landing. Read the offer terms before treating it as money in hand.
Who regulates PrizePicks and where does it operate?+
PrizePicks is overseen by Commodity Futures Trading Commission and National Futures Association, the US federal bodies that watch over its daily fantasy markets. That approval covers the US market only, so the service is not licensed for players elsewhere. Anyone outside that market should check their own local position before depositing funds, and readers who want a domestic regulator can weigh the alternatives listed alongside this review.
Other options to compare
draftkings
PrizePicks