DraftKings Sportsbook launched its massive NFL Pick ‘Em contest for 2020.
A first of its kind event among sports betting sites which has potential to be a multi-state contest, DraftKings NFL Pick ‘Em will offer up $2 million in prizes with at least $1 million going to the winner.
The contest is currently available to players in New Jersey, though contest details say it will be available across states where DraftKings Sportsbook is live, pending approval from regulatory and gaming authorities.
How DraftKings’ NFL Pick ‘Em Contest Works
If you’re not a current customer, sign up for DraftKings Sportsbook here .
Fill out the required registration information, deposit funds, and then navigate to the “Pools” tab in the DraftKings app.
From there, you’ll see an option to register for the $1,500 Pick ‘Em contest.
- Contest runs Weeks 1-16
- Choose 5 teams per week against the spread
- $1,500 buy-in (max 3entries per person)
- 100% of the winnings are doled out to players, with no vig being collected by DraftKings
- First place wins 50% of the total pool, and is guaranteed to be at least $1 million
- Second place guaranteed to be at least 250,000
- Third place guaranteed to be at least 125,000,
- The top 50 players are guaranteed to win $2,500 each
What You Need To Know
Players will have two bye weeks throughout the course of the season, meaning they can elect to choose no games without penalty that week.
If there is a third week in which a player doesn’t make their selections, they’ll receive 0 points for that week.
Picks are due by 10:00 AM Eastern on Sunday.
The DraftKings pick contest is for NFL games on Sundays only. You do not, however, need to make all five picks at once.
The point spread for a game locks when you make your pick.
Better yet, DraftKings is throwing in a sweetener: If you get all five picks right in a given week, you’ll get a $100 worth of free bets.
Of course there’s an obvious question here: What if there’s no NFL season or the NFL season is cut short by the current pandemic?
DraftKings has a solution for this.
If the NFL simply moves the start date of Week 1 back, the contest will still go off but with a pushed back start date.
If more than 12 weeks of the NFL season are played, DraftKings will still pay out winners for the Pick ‘Em event.
If fewer than 12 weeks are played, all entry fees will be refunded to bettors.
What State Is DraftKings NFL Pick ‘Em Available?
DraftKing Sportsbook’s pro football picks contest for 2020 is currently only available in New Jersey.
However, DraftKings is advertising the contest as being live “across state lines,” which would make this perhaps the first multi-state sportsbook pick ’em in the history of the United States.
Last year, BetRivers and SugarHouse Sports book ran a similar pick ’em contest in Pennsylvania. So it stands to reason that Pennsylvania sports betting may allow DraftKings Sportsbook PA to run it as well.
Other states where DraftKing Sportsbook is currently live include Indiana, Colorado, West Virginia, and soon, Illinois. It’s unclear if DraftKings Sportsbook in Colorado or these other states will allow for the Pick ‘Em contest, but given the potential large pool of entrants, this may turn out to be a massive payout above the $1 million that is guaranteed.
The contest appears to be uncapped, meaning price pools can inflate.
DraftKings Sportsbook’s Pick ‘Em contest will be available to enter through September 13th.
New players can sign up here and also claim up to a $1,000 in free bonuses.