{"id":167712,"date":"2021-03-17T23:30:34","date_gmt":"2021-03-18T06:30:34","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=167712"},"modified":"2021-03-18T10:37:14","modified_gmt":"2021-03-18T17:37:14","slug":"prizepicks-launches-single-player-daily-fantasy-sports-in-alabama","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/prizepicks-launches-single-player-daily-fantasy-sports-in-alabama\/","title":{"rendered":"PrizePicks Keeps Southern State of Mind, Launches Single Player DFS in Alabama"},"content":{"rendered":"

PrizePicks, the Atlanta-based single player daily fantasy sports (DFS) operator, didn\u2019t have to roam too far to find its newest state.<\/p>\n

\"PrizePicks
University of Alabama guard Jahvon Quinerly attempts a 3-point shot in Sunday’s SEC Championship against LSU. Starting this week, PrizePicks launched its daily fantasy sports game in Alabama. CEO and Founder Adam Wexler sees the state as a major market for DFS college sports. (Image: TeamCoyle\/SEC)<\/figcaption><\/figure>\n

On Wednesday, the company announced it secured a licensing agreement to operate in Alabama. It\u2019s the 31st state or jurisdiction for PrizePicks, which now covers more than three-fifths of the country\u2019s population.<\/p>\n

In an interview Wednesday with Casino.org<\/em>, Founder and CEO Adam Wexler said he\u2019s eager to get his game in Alabama<\/a>, which legalized daily fantasy sports less than two years ago.<\/p>\n

It doesn’t hurt us whatsoever that (the University of) Alabama just had arguably their best football team ever and won a national championship,\u201d Wexler said. \u201cAnd then their basketball team is arguably as good as ever, having just come off of a regular season and tournament SEC title as well.\u201d<\/p><\/blockquote>\n

That college basketball team is one of the higher-ranked teams in the NCAA Tournament, which starts Thursday.<\/p>\n

Besides the Crimson Tide, Alabama is home to another highly popular college squad, Auburn University. The Tigers have also had some success in college football and basketball in recent years. And its market size \u2013 with nearly 5 million people, it\u2019s the 24th largest state \u2013 makes it larger than such states as Oregon, Iowa, Arkansas, Mississippi, New Mexico, West Virginia, New Hampshire, Montana, Rhode Island, and Delaware, all of which have legalized sports betting.<\/p>\n

\u201cAlabama’s a prize, and we’re excited to obviously get moving as a fantasy operator well in advance of some of the betting operators,\u201d he said.<\/p>\n

About PrizePicks<\/h2>\n

In its press releases, PrizePicks bills its DFS game as \u201cthe closest legal alternative to legal mobile sports betting\u201d in most of the country. Players do not play against large pools of competitors, or even in leagues. Instead, they pick from a menu of available athletes in several sports. The player picks whether the athlete will go over or stay under a certain statistic or a fantasy point threshold.<\/p>\n

Players must pick between two and five athletes, then they put up an amount of money. Depending on the type of game players choose, players will win money if a certain number of their picks are correct. For example, if a player goes 5-for-5 on picks and puts up a $10 entry fee, they will receive $100, a profit of $90. If three of the five picks are correct, the player paying a $10 fee would get $4 back, a loss of $6.<\/p>\n

The company has received investments from former athletes, such as former NBA player Andrew Bogut<\/a> and MLB slugger Andruw Jones. Another early investor is legendary poker player Phil Hellmuth.<\/p>\n

When Going South Isn’t a Bad Thing<\/h2>\n

PrizePicks is available in several large states where legal sports betting \u2013 either retail, online, or both \u2013 is not available. That includes California, Texas, Florida, and Georgia.<\/p>\n

For this year, Wexler said the company will seek to secure agreements with Tennessee, Louisiana, and Mississippi. The three represent the only southern states where PrizePicks does not hold a license.<\/p>\n

\n

With more than 125 million people in the states between Florida and Texas, the South is, by far, the nation\u2019s most populous region. And while several southern states are home to major professional sports teams, they also have rabid fan bases for some of the most popular college programs in the country.<\/p>\n<\/div>\n

While the NBA and NFL are PrizePicks’ top markets, college football and college basketball follow right behind, Wexler told Casino.org<\/em>. Southern states include several major SEC, ACC, and Big 12 colleges.<\/p>\n

\u201cI think that speaks to our Southern focus,\u201d he said.<\/p>\n

That also makes this weekend huge for PrizePicks, as the NCAA Tournament is a wildly popular betting event. The American Gaming Association last weekend estimated that more than 47 million people will wager in some fashion on March Madness<\/a>.<\/p>\n

For many, that means playing in a bracket pool with friends or coworkers. After the first round, Wexler noted many people realize they\u2019re not going to win.<\/p>\n

\u201cMany of these brackets are busted, and people are looking for ways to stay engaged,\u201d he said. \u201cWith a daily fantasy game that serves the majority of the country, we got one of the better ways for people to remain engaged.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

PrizePicks, the Atlanta-based single player daily fantasy sports (DFS) operator, didn\u2019t have to roam too far to find its newest state. On Wednesday, the company announced it secured a licensing agreement to operate in Alabama. It\u2019s the 31st state or jurisdiction for PrizePicks, which now covers more than three-fifths of the country\u2019s population. In an […]<\/p>\n","protected":false},"author":45,"featured_media":167713,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14007,16],"tags":[],"acf":[],"yoast_head":"\nPrizePicks Launches Single-Player Daily Fantasy Sports in Alabama<\/title>\n<meta name=\"description\" content=\"It\u2019s the 31st state or jurisdiction for PrizePicks, whose DFS contest now covers more than three-fifths of the country\u2019s population.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/prizepicks-launches-single-player-daily-fantasy-sports-in-alabama\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PrizePicks Launches Single-Player Daily Fantasy Sports in Alabama\" \/>\n<meta property=\"og:description\" content=\"It\u2019s the 31st state or jurisdiction for PrizePicks, whose DFS contest now covers more than three-fifths of the country\u2019s population.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/prizepicks-launches-single-player-daily-fantasy-sports-in-alabama\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-18T06:30:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-03-18T17:37:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/03\/Screenshot-03-18-2021-02.31.00.png\" \/>\n\t<meta property=\"og:image:width\" content=\"967\" \/>\n\t<meta property=\"og:image:height\" content=\"644\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Steve Bittenbender\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Steve Bittenbender\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/prizepicks-launches-single-player-daily-fantasy-sports-in-alabama\/\",\"url\":\"https:\/\/www.casino.org\/news\/prizepicks-launches-single-player-daily-fantasy-sports-in-alabama\/\",\"name\":\"PrizePicks Launches Single-Player Daily Fantasy Sports in Alabama\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/prizepicks-launches-single-player-daily-fantasy-sports-in-alabama\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/prizepicks-launches-single-player-daily-fantasy-sports-in-alabama\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/03\/Screenshot-03-18-2021-02.31.00.png\",\"datePublished\":\"2021-03-18T06:30:34+00:00\",\"dateModified\":\"2021-03-18T17:37:14+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/eb30e765d812fc9b38b333f8d13068b2\"},\"description\":\"It\u2019s the 31st state or jurisdiction for PrizePicks, whose DFS contest now covers more than three-fifths of the country\u2019s population.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/prizepicks-launches-single-player-daily-fantasy-sports-in-alabama\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/prizepicks-launches-single-player-daily-fantasy-sports-in-alabama\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/prizepicks-launches-single-player-daily-fantasy-sports-in-alabama\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/03\/Screenshot-03-18-2021-02.31.00.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/03\/Screenshot-03-18-2021-02.31.00.png\",\"width\":967,\"height\":644,\"caption\":\"University of Alabama guard Jahvon Quinerly attempts a 3-point shot in Sunday's SEC Championship against LSU. 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