Demons and Goblins on PrizePicks: Your Complete Guide + Tips
Are you curious about maximizing your PrizePicks winnings via Demons and Goblins picks? This guide will show you use this feature that’s not as frightening as it sounds as it can help you increase your payout.
Demons and Goblins Key Takeaways
- Demons offer high-risk, high-reward potential, significantly boosting payouts but requiring a strategic understanding to avoid pitfalls.
- Goblins are simpler, lower-risk options that provide more consistent wins but with lower payout multipliers, making them accessible for all players.
- Combining Demons and Goblins in your lineup helps balance risk and reward, optimizing your chances of success on PrizePicks.
Updated 01/20/2025
Sign Up to Play Demons and Goblins on PrizePicks
Before we dive into discussing PrizePick’s popular Demons and Goblins feature, let’s discuss the PrizePicks promo code.
Use bonus code
| ⭐ Promo Code | |
| 💎 Promo Offer | |
| 📅 Offer Date | January 2025 |
| 📍Eligible States | AL, AZ, IL, KS, VA, WY, DC, DE, MA, AK, AR, CA, GA, KY, MN, MO, MS, NE, NM, NC, ND, OK, OR, RI, SC, SD, TN, TX, UT, VT, WI, WV, WY |
| 📝 T & C’s |
- 1 Demons and Goblins Key Takeaways
- 2 Sign Up to Play Demons and Goblins on PrizePicks
- 3 Overview of Demons and Goblins
- 4 What Are Demons on PrizePicks?
- 5 What Are Goblins on PrizePicks?
- 6 Where to Find Demons and Goblins at PrizePicks
- 7 Strategies for Winning with Demons and Goblins
- 8 Common Demons/Goblins Mistakes to Avoid
- 9 Responsible Gaming With Demons and Goblins
- 10 Wrapping Up: Demons and Goblins
- 11 Demons and Goblins FAQs
Overview of Demons and Goblins
Demons and Goblins are innovative features on the PrizePicks platform that allow users to boost their payouts or increase their chances of winning.
By incorporating both Demons and Goblins into your entries, you can create a winning lineup that balances the potential for higher payouts with the stability of more frequent wins.
This promo is available in all of the key PrizePicks states, including Florida, New York, etc.
What Are Demons on PrizePicks?
Demons, represented by a red icon, are high-risk picks that can significantly increase the entry payout. These projections come with a higher level of difficulty, making them a thrilling option for those looking to maximize their returns.
Here’s an example of a Demon on PrizePicks:
From the season that this pick came from, Wiggins was barely averaging above 1 assist per game. So, this pick would definitely be a little harder to hit. Hence its “Demon” classification.
This could be a great pick to add to your lineup if you have a feeling that Wiggins will be a particularly helpful hand in the matchup against Cleveland.
It might be a longshot, but hey, it looks like almost 30,000 other users would agree with you. (You can see the number of entries with this pick as indicated by the little fire emoji in the upper right corner of these squares.)
How Demons Boost Payouts
The lower probability translates to bigger payouts. Just take a look at these examples of two-pick entries:
The above entry features one Demon and one Goblin pick for a payout of 5x if you get both picks right.
Now look what happens when I swap out the Demon for another Goblin:
The potential payout goes down to 1.4x—more than a 70% decrease! So if your goal is to optimize payouts, you’ll definitely want to incorporate Demons into your entries.
Whether or not you include Demons in your lineup, the PrizePicks reboot policy might help save your entry.
What Are Goblins on PrizePicks?
Goblins, marked by a green icon, offer a more straightforward path to victory with lower payout multipliers. They are ideal for players who prefer a more consistent and less risky approach.
Take a look at this Goblin on PrizePicks:
These supposedly safer picks are more likely to hit, meaning you can add them to your entries to increase your chance of winning. They won’t contribute as significantly to your payouts, but hey, something is better than nothing.
Note that you should do your research when determining whether to add a Goblin to your lineup. For instance, the one above seems a bit… devilish, at least to me. SAG does average above 30 points a game, but it’s asking a lot for him to always be at this beast level.
A more angelic Goblin might be the one below, as Wiggins scoring 5 points or more in a single game seems more grounded to me:
Lower Payout Multipliers with Goblins
The payout for Goblins is less substantial than Demon squares as the former present a more straightforward win.
Players who favor steadier though smaller returns are drawn to this option due to the higher predictability of outcomes.
In short, Demons are for risk-takers and Goblins are for those who like to play it safe. Personally, I’m more of a Goblin guy myself.
If you want to learn about PrizePicks promos beyond Demons and Goblins, check out our guides on Taco Tuesdays and Flex Fridays.
Where to Find Demons and Goblins at PrizePicks
Demons and Goblins live throughout the PrizePicks app and are hard to miss.
All you have to do to find them is scroll through the picks page and hunt for the devilish (and not-so devilish) smiles.
If a player doesn’t have one of these little red or green guys next to them, they’re just an ordinary pick.
You’ll notice that “More” is the only option available for Goblins and Demons—that’s intentional. You can only go higher on these picks.
Strategies for Winning with Demons and Goblins
Demons and Goblins can be as elusive as other picks, but the right strategies can help you increase your chances of winning:
Go All Demons
Many users decide to press their luck by adding all demons to their lineups. This is definitely a risky move, but the payout can be huge.
If you add 6 Demons and get them all correct, you’ll be eligible for a 1000x payout!
Go All Goblins
Some users want to see green when building their lineups, so they add all Goblins.
This approach might not be as exciting as the wins are more expected (and the payouts are lower), but winning an entire entry can be pretty thrilling.
Mix Demons and Goblins
To fine-tune your PrizePicks approach, it can be advantageous to incorporate both Demon and low-risk Goblin squares.
Such a diversified strategy enhances gameplay by offering sustained wins while presenting chances to secure larger payouts through calculated risks.
Use a PrizePicks Picks Tool
You might fortify your lineups by using a PrizePicks picks tool like the one from RotoGrinders. It’s a paid subscription, but the page actually offers free picks throughout the day.
These expert insights can help you compliment your lineup full of Demons and/or Goblins.
If you have concerns about how Demon/Goblin payouts are credited to your account, you can contact customer service at PrizePicks.
Common Demons/Goblins Mistakes to Avoid
Demons and Goblins is a fun way to play at PrizePicks, not a guaranteed way to win. Here are some common mistakes to avoid when using these picks:
Thinking of Goblins as Gimme Picks
Goblins might be easier to win, but they’re far from being gimme picks. You’ll have more fun if you keep your expectations in check and view them as a way to increase your chances of all your picks hitting rather than as free picks.
Trust me, I’ve been burned more times than I can count on Goblins.
Forgetting to Use Regular Picks
Your entry can consist of any combo of Demons, Goblins, and normal picks. So don’t feel like you only have to use Demons and Goblins in an entry—they can be a great way to complement regular picks.
Responsible Gaming With Demons and Goblins
Responsible gaming should always be at the forefront, especially when playing with Demons and Goblins as the prospect of winning big might cloud your judgement.
Feel free to take advantage of PrizePicks’ responsible gaming tools, including deposit limits and play alerts.
You can also contact professional organizations for support such as 1-800-GAMBLER, though state-specific resources are also available.
Wrapping Up: Demons and Goblins
I hope this guide helped clear up any confusion about Demons and Goblins.
Remember that Demons are risky but pay well, and Goblins are more conservative in both their risk level and payout.
You can combine these different picks in your entries (along with normal picks if you choose) to create more exciting lineups.
Keep reading: PrizePicks vs. Underdog Guide
Demons and Goblins FAQs
Here are some FAQs regarding Demons and Goblins on PrizePicks.
What are Demons on PrizePicks?
Demons on PrizePicks are those high-risk, high-reward projections that can give you bigger payouts if you nail your picks just right. If you think you’re lucky and want to up your game, these are worth considering.
How do Goblins differ from Demons on PrizePicks?
Goblins are about simplicity and lower risks, making them easier to win with smaller payouts, while Demons come with higher risks and bigger multipliers. If you want a safer play, stick with Goblins.
What common mistakes should I avoid on PrizePicks?
To crush it on PrizePicks, avoid misreading projections and follow the specific rules, terms and conditions for using Demons/Goblins. Nail those details, and you’ll boost your chances of success.
How can combining Demons and Goblins benefit my PrizePicks strategy?
Mixing Demons and Goblins in your lineups can amp up your PrizePicks strategy by balancing risk and reward. It gives you a better chance at crafting a solid lineup that can compete effectively.
Other apps like PrizePicks have promos that compete with Demons and Goblins—see our guide for details!