Underdog Prediction Market: New Users Get $50 In Bonus Entries
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- $5 Free Game on Sign Up (No Deposit Required)
- 100% Deposit Match up to $100
- Win up to 110x Your Entry
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An exciting, top-tier sports gaming operator in the US – Underdog offers fantasy sports games, licensed sports betting, a growing media network, and breaking sports news.
Backed by former professional athletes, coaches, and analysts, the brand recently partnered with Crypto.com to offer prediction markets to American sports fans. Ultimately, this provides a safe, federally compliant method for placing sports event contracts and predicting sports outcomes.
Find out everything you need to know about Underdog and how to claim the welcome promo below.
Underdog promo details
Underdog offers up to $50 in fantasy bonus entries for their new customer welcome offer.
- Underdog Referral Code: LINEUPSPM
- Underdog Welcome Offer: Play $5 in Fantasy Entries & Get $50 in Fantasy Bonus Entries
- Where is Underdog Available (Predictions)? AL, AK, AR, CA, DC, FL, GA, HI, ID, IN, KS, ME, MN, MO, MT, NE, NM, NC, ND, OK, OR, RI, SC, SD, TX, UT, VT, VA, WA, WV, WI, WY
Introduction to Underdog
Founded in 2020, Underdog is now the fastest-growing sports company in the US.
Underdog was created with its own proprietary technology, the only operator in the US to do so. This is what allows Underdog to develop new, innovative products for the US sports gaming market.
Underdog’s departure from its traditional daily fantasy sports into the prediction market arena is exciting. Intending to launch in 16 US states where conventional online sports betting is restricted, Underdog is seeking a way to introduce sports predictions nationwide.
What is the sports betting industry saying about Underdog?
Following the announcement of its Crypto.com partnership, which allows prediction markets across select States in the US, the sports betting world has been paying close attention to Underdog.
The bridge between daily fantasy and traditional wagering is one of the most interesting developments in the industry. A billion-dollar valuation clearly shows the confidence of investors, although there is some head-scratching as to just how similar the Pick’em contests are to sports betting.
Underdog founder and CEO, Jeremy Levine, was quoted as saying, “Prediction markets are one of the most exciting developments we’ve seen in a long time,” and that “While still new and evolving, one thing is clear – the future of prediction markets is going to be about sports – and no one does sports better than Underdog.”
Underdog website and app experience
The Underdog website prioritizes speed and simplicity, featuring a clean interface focusing on the Pick’em contests and Drafts.
A modern, sleek website layout is fantastic to see – it’s clear that we’re moving into a new age of sports market predictions. Navigation between pages, sports, and posts is quick and easy, and the whole experience is innovative, with even prediction market newbies tackling the learning curve without worry.
Unlike traditional sportsbooks, Underdog offers an uber-helpful News feed that shares breaking stories about the sports we love. These can help influence user predictions, providing insight into players, teams, and individual matches/games.
Did I like the app?
Underdog boasts a downloadable mobile app for both iOS and Android devices. I downloaded the mobile app to my iPhone and found it worked exactly as expected. The design, much like the website, feels modern and innovative. It feels like a leap from the traditional sportsbooks we’ve seen before.
Accessing all the features, such as Pick’em and Best Ball draft, is quick and easy. It’s one of the best fantasy apps available on the iOS and Android stores.
How to create an account on Underdog
It’s quick and easy to get onboarded with an Underdog account. Simply follow the step-by-step guide below to create a new account and claim the welcome offer:
- Visit the Underdog sign-up page and hit “Sign Up”.
- Follow the on-screen instructions to create a username and enter your email address, password, and date of birth. Enter the promo code LSRBET.
- Hit “Create Account” and you’ll instantly be taken to the Underdog homepage.
- Head to either the “Deposit” page or hit “Deposit Now” on the promo pop-up.
- Deposit a minimum of $10 using Apple Pay, Credit/Debit card, Trustly, PayPal, or Venmo.
- You’re instantly able to claim the welcome offer of $50 in fantasy bonus entries with a qualifying trade.
If there are any issues with sign-up, simply contact the customer service team.
Proving person info: What’s needed?
Although personal details aren’t required upon sign-up, users must verify their identity before depositing/withdrawing. Underdog requires the following information:
- Full name
- Date of birth
- Address
A valid government-issued identification must then be uploaded to the site to confirm the information supplied. The info supplied must exactly match the info on the ID.
Making your first trade on Underdog
After funding your Underdog account with Apple Pay, Credit/Debit card, Trustly, PayPal, or Venmo, choose the trading area that you’re most interested in. In this example, we’re heading to “Pick’em”.
The Pick’em section is all about player stats and deciding whether a given player will reach higher or lower than their projected totals (for example, Patrick Mahomes – Higher than 280.5 passing yards).
You’ll have to combine multiple picks to create an entry before reviewing and confirming your trade.
Underdog event contracts
Event contracts at Underdog function much in the same way as prediction markets. This allows players to select specific player outcomes or statistical milestones.
Unlike prediction markets, users can add multiple legs to the contract, boosting the potential payout – much like in a traditional sportsbook accumulator.
How to place a contract on Underdog
Looking to place your first contract on Underdog? Follow the step-by-step guide below to avoid missing out on any key steps:
- Open the Pick’em menu: Log in to your Underdog account and head to the Pick’em menu. Browse the markets and select the sport or event that you’re interested in.
- Choose Your Players & Selections: Browse available player projections in the markets and make your selections. You can only choose higher or lower than the listed stat line, but adding multiple legs is a good way to boost the potential return.
- Set Your Stake, Review & Confirm: Enter your stake, check your selections, and submit your contract.
- Track Performance: Once the games begin, watch your picks live in the “My Entries” tab to see how your contract performs.
Differences between Underdog and competitors
Underdog offers a unique combination of fantasy sports and prediction markets. It’s an interesting product, especially for those in states where sports betting is prohibited.
Underdog differs from sports betting platforms like DraftKings and FanDuel by focusing on simple games. The site’s flagship games – Pick’em and Best Ball are fast-paced and easy to learn. It makes it super easy for newbies to skip the learning curve and get to grips with the offers right away.
Sports selection at Underdog
The sports selection at Underdog is fantastic, one of the best of any prediction site, offering a range of pro and college-level sports, including:
- Basketball: NBA, WCBB, and CBB
- Hockey: NHL
- Football: NFL, CFB
- Soccer
- Tennis
- Golf
- UFC
- Boxing
- F1
- Darts
- Cricket
- Esports
- Counter-Strike
- Valorant
What could be added?
If we’re being picky, it would be great to see Underdog take a leaf out of the competition’s book – offering prediction markets on a range of other, non-sport-related topics.
Tips and strategies for traders
Information is the best weapon for traders looking to make a profit at Underdog. Thankfully, the site helps even the most clueless fans stay up to date on all sports and players through its News Feed.
The News Feed offers sport-specific news accounts, keeping players up to date with everything from trades and draft information to injuries and game statuses. Underdog provides the following news channels:
- NFL News
- NBA News
- MLB News
- WNBA News
- Golf News
Additionally, players should utilise alternative news and information resources to conduct their own research into the sports, games, and players that they’re most interested in.
Underdog customer support
Customer support can be contacted in one of two ways – by sending an email to support@underdogfantasy.com or via live chat (accessed from the yellow circle at the bottom right of the page).
In addition to direct contact methods, users can self-solve any issues via the dedicated help centre. Here, users can either browse the help categories (including “Account, “Deposits & Withdrawals”, “Classic Pick’em”, “Champions”, and “Drafts”) or simply use the free-text search box to find relevant help articles.
Security and safety
Safety and security are paramount at Underdog, and the brand has partnered with Sift, a leading fraud-prevention platform, to prevent suspicious activity in real time.
In addition to providing a safe and secure service, Underdog also offers a range of responsible gaming tools. These are self-imposed limits and tools players use to prevent spending beyond their budget or chasing losses. Available tools include:
- Deposit Limit: Limit the amount of money that can be deposited in a set period.
- Entry Fee Limit: Limit the maximum entry fee allowed per entry
- Entry Count Limit: Limit the total number of entries you can submit
- Self-Exclusion: Take long, self-imposed breaks from playing with available periods of 1 year, 3 years, 5 years, 10 years, or lifetime.
- Cool-Off: Take shorter, self-imposed breaks from playing with available periods of 3 days, 7 days, 1 month, 3 months, 6 months, or 9 months.
Underdog also shares a range of responsible gaming resources in the “Responsible Gaming” section of the help centre.
My verdict on Underdog
Underdog offers a sleek and modern approach to fantasy sports. Its Pick’em and Best Ball formats are innovative, fun, and user-friendly. They’re ideal for players seeking access to prediction markets, especially where traditional sportsbooks are unavailable.
Ultimately, it remains one of the most accessible and engaging fantasy apps available today.
Underdog FAQ
How can I withdraw funds at Underdog?
Withdrawals can be made via PayPal, Trustly, and Paysafe, with requests processed within 48 to 72 hours.
What is Underdog’s “Pick’em” game?
“Pick’em” is a game mode that lets players create a parlay with player props. Users can choose over or under on player stats across various sports, and if all their picks are correct, they will win a big payout.
What is Underdog’s “Best Ball” game?
“Best Ball” is a season-long fantasy format in which users draft a team and can’t make any further changes or moves. Once rosters are set, scoring is automatic, with only the top-performing players counting toward the user’s total points.
