This Could Be The Simplest Daily Fantasy Sports Offering To Date
After seven weeks of the 2018 National Football League season you may start to question yourself as to whether your “investment” in a season-long fantasy football league was a smart decision. It would be nice to start all over again with a new set of players and go into week eight with a chance at some success.
That is one of the main reasons why the daily fantasy sports (DFS) concept was created and has somewhat flourished over time. With a brand new company launching today in PrizePicks, the participation in DFS is supposed to become even simpler.
Atlanta-based PrizePicks, created by fantasy sports veteran Adam Wexler (who previously founded another DFS startup called SidePrize) asks a user to pick two-to-four players from a list and then predict whether each player will go over or under a pre-determined fantasy score. There is no salary cap or drafting of players involved. It literally takes less than one minute to enter a contest, unless of course you desire to conduct real diligence on each player.
Users can wager from $10 to $100 per contest. The more predictions correctly made the higher the payout, with the potential to earn $1,000 in an entry if one correctly selects all four players allotted.
As of October 23, PrizePicks is available on the iTunes App Store. It is currently offering contests for the NFL, Major League Baseball, National Basketball Association and Major League Soccer.
“With the launch of PrizePicks on mobile, we’re providing tens of millions of domestic fantasy players with an easy way to raise the stakes,” says Wexler, who sits on the Fantasy Sports Trade Association Board of Directors and Co-Chairs the Research Committee. “Sports fans everywhere can now conveniently submit their daily picks right from their smartphone — which research shows is where most DFS fans spend their time.”
PrizePicks was previously branded PredictPicks. It survived in a Private Beta status for roughly a year as Wexler continued to test his team’s ability to create ideal over/under lines.
For now, money is paid out to users through direct depositing. PrizePicks hopes to add a payment processor like PayPal by the end of October.