Pick'em Bonus Guide
How to claim deposit bonuses on pick'em apps without actually gambling.
The 4-way hedge strategy
Pick'em apps let you build parlays on player props. Most welcome bonuses only require a 1x playthrough, which makes them very easy to exploit with the right approach.
The core idea is to bet all 4 outcomes of a 2-leg parlay on the same player and stat. For any given player and stat line, your 4 bets look like this:
- Higher / Higher
- Higher / Lower
- Lower / Higher
- Lower / Lower
No matter what happens, exactly one of those bets wins. Bet the same amount on all four. Before placing them, click through each combination and check the multiplier. On Underdog, the max for a 2-leg is 3.5x. The closer all four multipliers are to 3.5x, the better the deal. Avoid lines where one combo pays noticeably less.
If you're new to pick'em apps, place a couple of small bets first to get a feel for the interface before going in on the full hedge.
The 5-way hedge strategy
If an app like Chalkboard prevents you from placing the 4th lineup, split that bet into two 3-leg parlays. Instead of placing Less / Less as a 2-leg, add a third player to cover both of its outcomes:
- More / More
- More / Less
- Less / More
- Less / Less / More (reduced wager)
- Less / Less / Less (reduced wager)
The 3-leg bets should have a reduced wager so the potential payout stays roughly equal across all five outcomes.
PrizePicks bonus strategy
PrizePicks multipliers are slightly worse than Underdog, but they hand out a lot of payout boosts and free lineups through their missions system that more than make up for it. Before running the 4-way hedge, spend some time completing missions first.
A prop that is easier than usual to hit, but pays a lower multiplier. Good for completing missions cheaply.
A prop that is harder to hit but pays a larger multiplier. Avoid these when hedging.
Missions include things like placing a lineup for a certain sport, or placing a lineup containing a goblin or demon. Most of the introductory missions are easy and can be completed with very small bets, like a $1 2-leg parlay. They reward you with payout boosts and bonus lineups. These bonuses usually have a timer, so keep an eye on expiration dates and don't let them sit unused.
Once you've run through the easy missions and stacked up plenty of boosts, apply the 4-way hedge strategy. Try to save your profit boosts for your biggest hedge. If you're using $5 or $10 bonus lineups, check the potential payout and compare it against your other bets before locking in, since bonus lineup payouts are calculated slightly differently. It'll be difficult to keep all payouts perfectly equal as you layer on the bonuses, but you'll come out ahead even if things end up a bit lopsided.
Platforms
Underdog Fantasy
Play $5, get $50 instantly
One of the most popular pick'em apps out there. Higher/Lower props with fixed multipliers and a clean, easy-to-use interface.
Multipliers max out at 3.5x on 2-leg parlays, which makes the 4-way hedge straightforward. Aim for lines where all four combos are close to 3.5x.
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PrizePicks
Place a $5 lineup, get $50 instantly
The most heavily marketed pick'em app. Very similar to Underdog with Higher/Lower props across major sports.
Multipliers are slightly worse than Underdog, but payout boosts and free lineups more than make up for it. See the PrizePicks bonus strategy section above.
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Dabble
Get $10 in bonus funds just for signing up
A community-focused pick'em platform with social features and group play. Covers NFL, NBA, NHL, and college sports.
No deposit needed to grab the $10 bonus. Same 4-way hedge applies once you load your account.
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Chalkboard
100% deposit match up to $100
A modernized squares platform with live tracking and state-licensed operation across NFL, NBA, NHL, and MLB.
Deposit up to $100 and it gets matched 1:1. Chalkboard prevents a standard 4-way hedge, but you can get around it easily with the 5-way workaround detailed above.
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Fliff
Daily bonus + welcome offers
Built like a social casino. Earn Fliff Coins for free daily, with welcome offers available on your first purchases.
Hedging is easy since you can bet on opposing teams for the same game directly.
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Stimi
1 SC daily bonus
A mobile-based social sportsbook with a sweepstakes coin model. Daily free SC just for logging in.
Hedging is simple here since you can bet on opposing outcomes for the same game directly.
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Sleeper
Free $20 on signup + 100% match up to $100
Pick'em app with a strong social and community focus. Clean mobile app with real-time chat built in.
Claim the free $20 first, then deposit up to $100 for the match. Note: if you try the 4-way hedge, Sleeper will block you on the third or fourth lineup. The best workaround is to find a stat that is heavily correlated with another. For example, Wembanyama averages a double-double with 24.5 points and 11.4 rebounds, so you can bet Over on double-double for 2 legs and Under on rebounds for the other 2. This does not give full coverage, but Wemby would need to score under 10 points for both to lose, which has only happened a handful of times in his career.
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Rebet
Daily bonus + welcome offers
Built like a social casino. You can collect a daily bonus on Rebet, but only if you have $0 cash in your wallet.
To keep farming the daily bonus, you need to place a bet each day to clear your wallet. Make it easy by placing bets on events far in the future, then cashing out later.
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Novig
Spend $5, get $50 in Novig coins
A peer-to-peer betting exchange where you bet against other users at transparent odds. No house edge built into the lines.
Hedging is easier here since you can bet both sides of a game directly. If you're blocked from hedging, you can still clear the bonus funds by placing a lot of small bets on heavily favored teams.
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