The PrizePicks promo code ACTIONMAX allows new customers to earn up to $100 in bonus funds with their first deposit. The offer is a 100% deposit match, meaning your deposit is matched fully in bonus funds if it doesn't exceed $100.

You can use the promo code ACTIONMAX or click the link below to begin the sign-up process. Once complete, you can use the bonus funds for any sporting event.

The PrizePicks bonus funds are available for 90 days, so you aren't required to use them this week. I'll provide an example for Tuesday's sports slate, but you can use it anytime over the next three months.

Check out the PrizePicks welcome bonus if you're playing from one of the following states: AL, AZ, AK, AR, CA, DC, FL, GA, IL, KS, KY, MA, MN, NE, NM, NC, ND, OK, OR, RI, SC, SD, TN, TX, UT, VA, VT, WI, WV, WY

PrizePicks Sign-Up StepsRegister with your email, promo code, & name.Enter your birthday and Address. PrizePicks may confirm these on your Driver's License, so be sure they are accurate.Create a secure password you'll use to log in with. You'll be able to set up two-factor authentication later if desired.Navigate to the top right of your web or mobile app screen and fund your PrizePicks activity. If you deposit $100, PrizePicks will match your funds for a balance of $200 ($100 in withdrawable cash, $100 in credits).

PrizePicks Bonus Explanation & Example

Once you complete the registration process, you'll see the PrizePicks board with player projections. It's your job to decide if a player will have more or less than his projection. As you make your picks, it'll go into the entry. As you add more picks, the payout increases.

PrizePicks payouts vary from 3X (2-pick) to 25X (6-pick). The example below has three picks and would yield a 5X payout.

Shai Gilgeous-Alexander More Than 31.5 PointsMitch Marner Less Than 2.5 Shots on GoalRob Dillingham More Than 14.0 Points

My example entry features three players from three sports. That's not a requirement, as you could have five players from the same game, but it shows the diversity of a PrizePicks entry.

The final note is that there are two game modes available at PrizePicks. The Power Play requires you to win every pick and features the payout we mentioned above. A Flex Play gives you a smaller payout if one pick loses. In this example, we would have a 2.25X payout with a 3/3 entry, while a 2/3 entry yields a 1.25X payout.

Must be at least 19 years of age and within applicable state (21+ in AZ and MA). Pick Em games available in AK, AR, AZ, CA, DC, FL, GA, IL, IN, KS, KY, MA, MN, NE, NM, NC, ND, OK, OR, RI, SC, SD, TX, UT, VT, VA, WI only. Arena games available in AL, TN, WV, WY only. Full T&C apply.