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Categories Betting 101

How to Play PrizePicks Arena

Updated July 10, 2025 | 9:49 am CDT by Isaiah Sirois
How to Play PrizePicks Arena

A new wave of DFS pick’em apps is sweeping the nation, so don’t miss out! Sites like PrizePicks and Underdog Fantasy have launched new peer-to-peer contests where you can compete against sports fans like yourself for cash prizes. At PrizePicks, you can play PrizePicks Pick’em Arena and win up to 10x your entry fee! Let’s dive into how to play PrizePicks Pick’em Arena.

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How to Play PrizePicks Pick’em Arena

How to Play PrizePicks Pick’em Arena

If you’re a resident of the Sunshine State, you can finally take advantage of the fun peer-to-peer pick’em games at PrizePicks. Called PrizePicks Pick’em Arena, the new game allows you to place between two and four picks on player projections.

If you’re wondering how to play PrizePicks Pick’em Arena, start by signing up. Once you have created your PrizePicks account and placed your first deposit, it’s time to begin. Let’s dive into finding value for PrizePicks Pick’em Arena contests.

PrizePicks Pick’em Arena Rules & Payout

PrizePicks Pick’em Arena allows you to build lineups between four and two players. All users who pick perfect lineups will receive the maximum payout, and if no users pick perfect lineups, then users who finish first place in their contest will win. Let’s look at the payout structure:

PicksMultiplier
410x
35x
23x

Any perfect four-pick lineup will win you 10x your money. Likewise, any perfect three-pick lineup will win 5x and any perfect two-pick lineup will win 3x.

These payouts are true regardless of peer-to-peer performance. Even if everyone in your pool picks a perfect lineup, you’ll still get the maximum possible payout!

Finding Value in PrizePicks Pick’em Arena

While our PrizePicks Optimizer isn’t built for Pick’em Arena pools, it can still help you in the process of finding plays with positive expected value (+EV). The tool pulls in plays from our pick’em plays sheet and lists them in order of most to least +EV. Let’s look at an example pick that’s trading with +EV:

Our expert discusses how to play PrizePicks Pick'em Arena in Florida, including topics such as finding value and our optimizer...

This Myles Turner square is trading with +EV because we’re beating the market. While PrizePicks is willing to take action at their pick’em price, a sharp sportsbook, Pinnacle, has their odds stacked for the under.

Once you’ve found one projection with +EV, use the PrizePicks Optimizer or our pick’em plays sheet to find enough plays to build the lineup you want. You can filter by sport, date, team, type of projection — and more!

Does Portfolio EV Make People Money?

Now that you have a basic understanding of how to play at PrizePicks, you might be wondering if the strategies outlined above are profitable. The answer is an unequivocal “Yes!” If you need some results, they are publicbly tracked on our results page.

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Portfolio EV DFS Pick’em Tools & Tips

New to sports betting? OddsShopper’s selection of 101 articles is here to help. We even have a parlay builder and a guide to parlay betting. Check out our guide to finding positive expected value (+EV), and you can unlock more +EV plays by signing up for Portfolio EV!

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Isaiah Sirois

Author

Isaiah Sirois

Isaiah Sirois is a sports betting analyst at OddsShopper specializing in basketball, football and motorsports. Basketball is Isaiah’s favorite sport to handicap, and he has covered NBA, WNBA, NCAA and FIBA markets for OddsShopper and other sites. However, Isaiah’s favorite sport to follow is auto racing, and you can usually find him watching NASCAR or IndyCar on Sundays. He will be a fan of Team Penske and Ford Performance until the end of time. Isaiah graduated with a bachelor’s degree in history from Emory University and briefly attended Vanderbilt Law School before dropping out to work at OddsShopper.

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