Why You Lose On PrizePicks

PrizePicks is one of the hottest platforms for sports betting right now. It is considered a Daily Fantasy Sports platform so that it can operate legally in states without sports betting. Having analyzed the breakeven points for each type of parlay offered, we now know what percentage you must pick to win on the platform. Because they do offer each prop without a vig, we can use that in our favor. The sportsbooks add juice or a vig to their props. When you back engineer that, you can figure out what the sportsbooks are projecting for that prop. This means we can take a prop projection that will be more accurate than any projection on the market and use it to beat PrizePicks at their own game.

The key to all this will be you playing the right number of legs on the parlays and managing your expectations because wins will be infrequent but large enough to cover your losses over time.