Prizeout is a unique withdrawal method that allows bettors to receive digital gift cards instead of cash, often worth more than the initial withdrawal amount.

The most prominent Prizeout betting sites are DFS apps and sweepstakes online casinos with limited withdrawal options because it’s fast and reliable.

Bettors who choose Prizeout withdrawals usually receive their gift cards via e-mail within minutes. Customers can redeem their Prizeout gift cards in person or online for Bitcoin or at mainstream retailers such as Airbnb, Apple, GameStop, Lowe’s, and more.

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When bettors cash out via Prizeout gift cards, they lose the flexibility provided by cash withdrawn via other methods such as ACH transfers and PayPal. However, Prizeout withdrawals are usually faster than all other cash-out options at the types of betting sites that offer Prizeout.

Additionally, bettors often receive Prizeout gift cards with bigger balances than the amount they withdrew from their online sportsbook or social casino accounts. Prizeout casinos often issue these bonuses to sweeten the deal since most players prefer cash over gift cards.

And finally, Prizeout Bitcoin gift cards offer a solution for players who consider flexibility a must-have. Players at Prizeout casinos can withdraw their winnings as gift cards they can redeem for cryptocurrency at Coinbase or BitCards.com.

Prizeout is not the ideal deposit method in every situation, but it is fast and convenient for bettors who are already planning to make a purchase at one of its partner retailers.

Prizeout Betting Sites in the USA

Prizeout is still a relatively uncommon withdrawal method in the United States. The highest-profile betting sites with Prizeout withdrawals are Betr and Pulsz Casino.

However, Betr only offers Prizeout withdrawals to customers who win prizes in free-to-play contests. Customers who win money through paid contests and real money sports betting at Betr must choose an alternative method.

In contrast, Pulsz Social Casino offers Prizeout withdrawals to all customers who win prizes and is available in most states. Pulsz is a social gambling site that leverages US sweepstakes laws to host casino-style games with real cash prizes to customers in the following states:

Chumba Casino and Global Poker also offer Prizeout withdrawals and work on the same concept as Pulsz Casino.

How Prizeout Withdrawals Work

Prizeout withdrawal

Prizeout is a simple betting withdrawal method. In short, bettors can choose Prizeout when withdrawing to receive a gift card of their choice from any supported retailer.

For example, bettors can initiate a $100 withdrawal and choose a Lowe’s gift card for that amount. They will receive an e-mail with a digital gift card, and from there, they can visit Lowe’s online to buy anything they want.

Here’s how to withdraw from Prizeout sports betting sites and casinos:

  • Log in to your online betting account and visit the cashier
  • Select Prizeout as your withdrawal method
  • Create a Prizeout account or sign in to the Prizeout app
  • Pick a retailer for which you would like a gift card
  • Confirm the gift card and withdrawal amount
  • Prizeout will send an e-mail with a link to your virtual gift card
  • Redeem the gift card online or in person at the retailer of your choice

Prizeout Pros and Cons

Prize Out is an excellent deposit method in certain circumstances, but it is severely limited in some ways, as discussed below.

Prizeout often issues gift cards with balances that exceed the requested withdrawal amount by 10-20%. For example, a user may request a $100 withdrawal via Prizeout and receive a gift card worth $110 to use at their favorite retailer.

According to company reps, Prizeout bonuses award 11% more value on every withdrawal on average. In other words, customers receive $111 in gift cards for every $100 they withdraw on average. The premium varies by retailer, but customers often get a good deal when they choose Prizeout over other withdrawal methods.

Prizeout is only useful for bettors who intend to spend their withdrawal at one specific retailer unless they’re comfortable redeeming their gift cards for Bitcoin.

It’s great for customers who intend to purchase something from Best Buy, Apple, and other Prizeout partners but not so great for users who just want money in the bank.

Withdrawals via other methods typically take a few days to hit players’ bank accounts, but betting sites can often process Prizeout requests within minutes. Players may have to verify their identities the first time they request a withdrawal from a betting site, but after that, all Prizeout withdrawals are fast.

The Prizeout loyalty program issues one point to bettors for every $1 in gift cards they redeem. Once they have amassed enough Prizeout Points, bettors can redeem them for additional gift cards.

Using Prizeout for Bitcoin Withdrawals

Anyone who would rather have Bitcoin (flexible, exchangeable for dollars) than a gift card (limited to one retailer, not exchangeable for dollars) has two ways to get crypto through Prizeout.

Bettors can initiate Bitcoin withdrawals by logging in to their online betting accounts, requesting a payout, selecting Prizeout as their withdrawal method, and choosing one of the following gift card options:

  • Prizeout Coinbase gift card
  • Prizeout BitCards.com gift card

After receiving their Prizeout Bitcoin gift cards, bettors can redeem them for cryptocurrency as follows:

  • Download the Coinbase app or visit Coinbase.com
  • Log in or sign up for an account
  • Select “Add a Payment Method”
  • Choose “Gift Card”
  • Enter the Coinbase gift card code and pin
  • Hit “Preview” then “Redeem Now”

  • Visit BitCards.com
  • Log in or sign up for an account
  • Select the “Redeem BitCard” option
  • Input the BitCard gift card code and pin

Prizeout Gift Card Brands and Options

Bettors can withdraw their winnings via gift cards for nearly 200 brands plus Bitcoin. Prizeout adds additional retailers regularly, but readers can see the latest additions at the Prizeout help center here.

Note: Availability of Prizeout gift card options changes regularly and can vary between betting sites.
Bitcoin (BitCards.com)FandangoPottery Barn
AdidasFazoli'sProAm Golf
AerieFinish LineRed Lobster
AirbnbFootlockerRed Robin®
Amazon CanadaForever 21Regal Entertainment
AMC TheatresFuel Card InstructionsREI
American AirlinesGameStopRuby Tuesday
American EagleGapRuth's Chris
App Store & iTunesGiant EagleSaks Fifth Avenue OFF 5TH
AppleGlobal Hotel CardSam's Club
Applebee'sGo Play GolfSeasons 52
AthletaGoodcentsSephora
AutoZoneGoogle PlaySheetz
Baby GapGopuffSony PlayStation®
Bahama BreezeGrouponSoothe
Barnes and NobleGrubhubStaples
Baskin RobbinsGuitar CenterStarbucks
Bass Pro ShopsHarvey'sStitch Fix
Bath & Body WorksHollisterStubHub
BelkHome ChefStudio Movie Grill
Best BuyHome DepotT.J.Maxx
BJ's Restaurant & BrewhouseHomeGoodsTaco Bell
Boston MarketHotels.comTarget
Bow Tie CinemasHudson BayTexas Roadhouse
Buffalo Wild WIngsIHOPTGI Fridays
BurlingtonInstacartThe Capital Grille
Buy Buy BabyJ.Christopher'sThe Children's Place
CallawayJCPenneyThe Coffee Bean & Tea Leaf
Carter'sKohl'sThink Geek
Cheddar's Scratch KitchenKrispy KremethredUp
Lands' EndTorrid
Cheesecake FactoryLobster GramTotal Wine
Chico'sLonghorn SteakhouseUber
ChipotleLowe'sUberEats
Chuck E. CheeseLucille's SmokehouseUlta Beauty
CoinbaseMacy'sUnder Armour
Columbia SportswearMarshallsUno's Chicago Grill
Cost Plus World MarketMichaelsVic and Anthony's Steak House
Cracker Barrel Old Country StoreMLB ShopWalmart
Crutchfield®Mountain HardwearWayfair
CVS PharmacyNFLShop.comWest Elm
Darden RestaurantsNikeWhole Foods Market
Delta Air LinesNordstromWilliams Sonoma
Domino's PizzaNordstrom RackWillie G's
DoorDashOfficeMaxYankee Candle
DSWOld NavyYard House
Dunkin' DonutsOlive GardenZappos.com
East Side Mario'sOmaha Steaks
Eddie BauerOshKosh B'gosh
Eddie V's Prime SeafoodOutback Steakhouse
Elephant & CastleOverstock.com
ExpressPetco
Famous FootwearPetSmart
FanaticsPickle Barrel

Prizeout Gift Cards FAQ

Prizeout is an unusual withdrawal method, but bettors will find it fairly simple to use once they process their first withdrawal. Below are answers to frequently asked questions regarding Prizeout.

No. Prizeout withdrawals cost nothing. In fact, Prizeout often adds a bonus to users’ gift cards to give them a gift card worth more than the initial withdrawal amount.

Yes. Prizeout is headquartered in New York City, has raised millions via investment funding rounds, and serves hundreds of non-gaming operators in various industries.

Additionally, Prizeout serves high-profile sportsbooks in highly regulated markets, including the UK. Prizeout has also received the approval of several gambling regulators in the United States. For instance, Prizeout is registered with the Indiana Gaming Commission (see page eight) and the Pennsylvania Gaming Control Board.

Bettors can use Prizeout by logging into their preferred betting site and visiting the cashier to initiate a withdrawal. From there, customers can select Prizeout as their withdrawal method and follow the on-screen instructions to cash out their winnings.

No. Once a bettor confirms a Prizeout withdrawal and receives their gift card, they cannot exchange it for cash. Users who want to withdraw their winnings as cash should select a different method, such as PayPal or ACH transfer.

Betr is the only licensed US sportsbook with Prizeout withdrawals. However, some mainstream online sportsbooks in other countries support Prizeout, a trend that may extend to the US market in time.

Yes. Prizeout betting sites do not instantly debit players’ accounts when they choose Prizeout. Users choose an amount to withdraw when they select Prizeout, but they can change the withdrawal amount or cancel the transaction altogether if they change their mind while browsing their gift card options.

Bettors can sign up for accounts here or through Prizeout partners, such as the betting sites and social casinos discussed on this page. The first time a bettor chooses Prizeout as their withdrawal method, they’ll be prompted to pick a username and password to create a Prizeout account.

After creating their accounts, bettors can sign in through any partner site when requesting a withdrawal or by visiting the Prizeout login page.

The Prizeout Storefront is where customers choose their gift card after initiating a withdrawal. Bettors can access the Storefront through their betting site or social casino after selecting Prizeout as their withdrawal method. Customers with existing Prizeout accounts can also visit the Storefront directly here.

No. PrizePicks no longer offers Prizeout as a withdrawal method, but it has several fast alternatives, including bank transfers and PayPal. See BettingUSA’s full review for more information about how to cash out on Prize Picks.