Underdog Fantasy Review 2024
Maybe you’ve heard the buzz about Underdog Fantasy, the gambling operator offering a unique hybrid of daily fantasy sports and betting, and are wondering whether this is the brand for you.
In this review, we’ll guide you through everything you need to know about Underdog Fantasy, from the legal situation through to what it offers and the pros and cons of the brand.
By the end, you’ll have a good overview of what Underdog Fantasy can offer as a gambling site/app. We’ll also reveal how you can sign up and claim an exclusive welcome bonus today.
So, what is Underdog Fantasy, and how does it work?
🔑 Key Takeaways
- Learn more about what Underdog Fantasy offers.
- Discover who owns Underdog Fantasy and whether it is legal, trustworthy, and reliable.
- Find out whether Underdog Fantasy is the right betting site for you.
Quick Facts About Underdog Fantasy Sportsbook
Although a relative newcomer to the industry, Underdog Fantasy has gained plenty of interest due to its determination to do sports betting and daily fantasy a little differently.
Underdog Fantasy is available in dozens of states already, while the dedicated Underdog sportsbook has been launched in North Carolina – with more Underdog Fantasy states to be added soon.
| Foundation Year | 2020 |
| Founders | Jeremy Levine, Trevor John, Brandon Stakenborg |
| US States Live In | 30+ for Pick’Em & 40+ for Draft |
| License(s) | All relevant state licenses |
| Payment Methods | Visa, Mastercard, American Express, Discover, PayPal |
| Sports Betting | ✅ (full sportsbook in NC, player props elsewhere) |
| Casino | ❌ |
| Mobile App | ✅ (iOS and Android) |
Pros and Cons of Betting at Underdog Fantasy: An Overview
There’s no doubt that Underdog Fantasy is doing things on its terms, which brings both pros and cons to the table (as you can see below). I actually really like the points of difference that Underdog offers, and I see it as an addition to – rather than a replacement of – my normal sports betting activity.
Its ‘Pick’em’ option is a fun way to wager on player props, building a parlay of two to five selections in the hope that they pass/receive a certain yardage, score X number of points, etc.
If you like to complement your sports betting with daily fantasy gaming, Underdog really is the perfect ‘hybrid’ platform for that.
| ➕ Pros | ➖ Cons |
|---|---|
| Outstanding player prop offering | Variety of sports limited |
| A rich selection of promotions | Only a handful of payment methods accepted |
| App is easy to use | No live-streaming options |
| Impressive slate of DFS contests | Desktop version not optimal, the mobile app is better |
| Huge cash prizes to be won | |
| Looks set to roll out a traditional sportsbook platform |
Is This Social Bookmaker Legal and Safe in the USA?
Underdog has also made the move into traditional sports betting in North Carolina, and we expect that it will branch out into other states in the near future.
Via its daily fantasy app, Underdog has also been able to secure licenses in many more states – in fact, people in more than 40 different states can access the fantasy site/app.
To be more specific, Underdog Fantasy Draft is available in all US states except for the following:
- Connecticut
- Delaware
- Hawaii
- Idaho
- Iowa
- Louisiana
- Maine
- Montana
- Nevada
- Washington
Whereas Pick’Em is available in all US states except for the ones listed below:
- Connecticut
- Delaware
- Hawaii
- Idaho
- Iowa
- Louisiana
- Maine
- Maryland
- Michigan
- Mississippi
- Montana
- Nevada
- New Jersey
- Ohio
- Pennsylvania
- Washington
So, is Underdog Fantasy legal in Texas, California and other states where sports betting is illegal? The answer is yes across the board, except, of course, for the states we’ve listed above.
Moreover, the unique licensing status of Underdog means that it can offer a form of sports betting, namely player props, in states where you wouldn’t normally be able to wager. So, is Underdog Fantasy legit? Absolutely, the number of state authorities that have approved the operator is evidence of this.
How Does Underdog Fantasy Work?
Bettors in North Carolina can access Underdog Sportsbook’s dedicated sports betting platform. This features stacks of different markets, including moneyline, spreads, totals, and many others.
As far as the Underdog Fantasy app is concerned, there are two main options:
- Underdog Daily Fantasy Sports
- Player prop betting
The daily fantasy contests are similar to those that you may have placed elsewhere. You draft a roster of players for a specific game week, or season-long lineups if you prefer, and watch on as they earn points for their performances. The teams with the most points earn their owners both bragging rights and the chance to win real-cash prizes.
As for Underdog’s player prop betting option, this is called ‘Pick’em’. You select two to five picks to achieve certain feats – it might be quarterbacks to clear a certain number of passing yards in a game week, or golfers to make a specific number of birdies. If your Pick’em tickets are successful, you will be paid out at the odds taken – up to 20x your wager amount is possible.
Although it’s a social sportsbook at its core, Underdog Fantasy offers far more ways to play and potentially win real money than other sweepstakes betting sites.
Underdog Fantasy Promo Code
New customers are able to get a head-start courtesy of the Underdog Fantasy promo. Available to new customers in dozens of states across America, you can use our Underdog Fantasy promo code to receive up to $1,000 in Bonus Cash when you make your first deposit.
Simply register for your new customer account, entering the code UDPROMO when prompted.
Complete the signup process and make your first deposit (respect the minimum deposit $10 and maximum $1,000). Underdog Fantasy will match it with bonus funds of the same amount.
You can see the full list of terms and conditions on the Underdog website and app.
Underdog Fantasy Bonus and Promotions
Underdog Fantasy sports app has plenty of promotions to rewards its users. From a deposit match bonus to regular free tokens, let’s see those in details.
Ongoing Promotions
- Gimme Pick Tokens: Guarantees a win for a selected athlete regardless of performance.
- Multiplier Boosts: Increases payout on winning rosters (e.g., 10x to 20x).
- Pick’em Specials: Adjusts athlete projections to favor users.
- Vulture Protection: Refunds entry if a different position player scores.
Rewards Program:
- Earn 10% to 50% rake back as bonus funds based on weekly paid entries:
- Battle Royale Rakeback Tiers:
- 25–49 Entries: 10% rake back
- 50–74 Entries: 25% rake back
- 75+ Entries: 50% rake back
- Best Ball & Pick’em Rakeback: Varies, available during promotional periods.
Underdog Fantasy Contests
The range of contests with access to massive prize pools is arguably the best feature of Underdog Fantasy sports betting site. Download the app, deposit and claim your matched deposit bonus, and enter contests. You’ll have the choice among:
Best Ball:
- Season-long, no lineup management required.
- Fast (30 sec/pick) and slow (8 hr/pick) drafts.
- Buy-ins range from $3 to $100.
Battle Royale:
- Daily fantasy with single-game and weekly slates.
- Short snake drafts, compete against all entrants.
Rivals:
- Pick’em game, predict higher stat totals between two athletes.
- Payouts: 3x (2 picks) to 20x (5 picks).
Pick’em:
- Over/under or Rivals predictions on athletes.
- Fixed payouts: 3x (2 picks) to 20x (5 picks).
Pick’em Champions:
- Available in certain states, pooled entry fees for prizes.
- Join tournaments after building rosters.
- Payouts vary based on tournament rules and performance.
Note: Follow Underdog Fantasy on social media or opt-in to promotional emails for updates.
Underdog Fantasy Sportsbook App
As we’ve learned, Underdog has two different app platforms, both available on the Apple App Store or Google Play Store:
- Underdog Sportsbook App: The sports betting offering in North Carolina
- Underdog Fantasy Sportsbook App: The daily fantasy/prop betting app that’s available in more than 40 different states.
Focusing on the daily fantasy app, I, personally, believe that Underdog has curated possibly the best selection of player props around.
Click on a player’s name, and you’ll see all the prop lines that are available for them: points, assists, rebounds, three-pointers, etc. Payouts vary depending upon the player and the scale of the props you have selected, but wins of up to 20x your stake are possible.
The DFS side of Underdog is also intuitive and a cinch to navigate – with a massive range of different game formats. Underdog offers the opportunity to build lineups with clear selection options, and even simple higher and lower props if that is more your thing.
There are daily contests across the main sports, with the Snake and Best Ball options among their slate. As for prizes, Underdog once hosted an NFL best ball contest with a total prize fund of $10 million — hence the app’s popularity!
The Underdog Sportsbook App
The Underdog Sportsbook App extends the excitement beyond fantasy sports by offering various sports for betting. Users can enjoy a wide range of options, from popular sports like football and basketball to niche markets.
The app is part of the Underdog network, ensuring a seamless and secure experience. New bettors from North Carolina can take advantage of a generous bonus offer to kickstart their betting journey.
Banking Methods
Although not an exhaustive list of possible payment methods, Underdog Fantasy at least has most of the main options catered for.
I believe that most players will have a payment method that is accepted by Underdog, and the good news is that both deposits and withdrawals are handled promptly and professionally.
Making a Deposit at Underdog Fantasy Sportsbook
The main brands of credit and debit cards are present and correct, as are online banking and PayPal; which happens to be my personal favorite payment method.
In my experience, deposits have been processed instantly at Underdog, with just a few taps of your screen via the cashier section enough to add funds to your account.
I would personally prefer more deposit options to be available – maybe other e-wallets or even crypto – but I think that for the most part, the majority of bettors will be covered by one of the methods outlined below:
| Payment Method | Min. Limit | Max. Limit |
|---|---|---|
| Visa, Mastercard, American Express | $10 | $5,000 |
| Online Banking | $10 | $10,000 |
| PayPal (Underdog Fantasy) | $10 | $5,000 |
Underdog Fantasy Sportsbook Withdrawal Process
The same touchstones that I experienced when making a deposit into my Underdog account were present when the time came to cash out. My withdrawal request was actioned in around 4 hours, with the money hitting my bank (I used my Visa debit card) in two working days.
So, my experience of withdrawing winnings at Underdog Fantasy has been positive, though some bettors would want more in the way of payment methods – hopefully, the operator will add more in the future.
| Payment Method | Min/Max Limit | Payout Speed |
|---|---|---|
| Visa, Mastercard, American Express | $10/$5,000 | 2-3 business days |
| Online Banking | $10/$10,000 | 2-3 business days |
| PayPal | $10/$5,000 | Within 24 hours |
Exploring Underdog Fantasy Betting Markets
One of the reasons I like Underdog Fantasy so much is that it caters to the needs of both daily fantasy lovers and sports betting enthusiasts.
To get you started, here’s a look at their most-played fantasy contests:
Best Ball
This is what we might call ‘season-long’ fantasy sports, although you will no doubt take the time to review, and maybe adapt, your lineups on a weekly basis.
Some of Underdog Fantasy’s biggest prizes are tied to their Best Ball contests, with teams that win the most points over the course of the season battling it out for the big bucks.
Daily Fantasy
If your preference is for new contests that take place every time there’s a slate of games, then Underdog’s Snake and Battle Royale options will perhaps be more appealing.
Quite simply, you draft your lineup, watch as your players accumulate points, and then hope that you finish in the paid places on the leaderboard. There are new contests being added by Underdog on pretty much a daily basis.
Pick ‘em
This is what we might label Underdog’s sports betting option. They offer Pick ‘em contests across a range of sports, and your job is to build a roster of between two and five players. You can select from a host of different stats categories, and then predict whether they will go ‘over’ or ‘under’ the given line.
Like a parlay, you’ll need all of your selections to be successful to win a prize, which will range from 2x to 20x depending on the size of your roster and the nature of your picks.
Underdog Fantasy Sportsbook Customer Support: a Closer Look
One of the other cool features of the app is that you can access Underdog Fantasy support without even needing to open up any new pages on your smartphone or tablet.
You can drop the support team a message from within the app, or you can email them at [email protected].
I found that the message I sent within the app was replied to within a couple of minutes, though it felt like the agent was an AI bot, rather than a human.
Happily, Underdog is quick to respond to emails – within the hour, in my case – and the team seemed perfectly friendly and professional to me.
How to Sign Up for an Underdog Fantasy Account
You can download Underdog’s sports betting and fantasy apps from the App Store and the Google Play Store.
Once the app is on your device’s home screen, follow these simple steps to get started:
- Tap the sign up/register/join button.
- Fill in the information requested (don’t worry, this only takes a few moments).
- Enter your bonus code if prompted.
- Complete the sign-up process.
At this point, your account will be live: Underdog’s verification process takes barely two minutes. Now, you can head to the banking section of the app to action your first deposit. You can also see which promotions are available to you via the main menu.
What the Users Say
We asked TrustnBet readers to review their experience of the Underdog betting platforms so far. Here are three user reviews:
I’ve enjoyed my time using Underdog so far. There are enough sports betting markets to keep me engaged, and a satisfactory selection of payment methods to deposit and withdraw. Convenient ++.
Daniel, 23
Underdog is arguably one of the best DFS betting sites of the market. It allows me to bet on all of my favorite prop lines each week of the football season. Plus I love having often access to a tournament. The app also looks great on my iPhone, too.
Mike, 37
I didn’t think I’d steer away from FanDuel any time soon, but after trying Underdog following a recommendation, I’m definitely a convert! All the markets I want to bet on are on the app, and I was pleased with how quick I could cash out my winnings recently. The app works just fine, a bliss!
Christopher, 51
So, Should You Trust Underdog Fantasy?
Our latest Underdog Fantasy review highlights its user-friendly app and exceptional player props selection. Boost your winnings with generous bonuses and promotions. Check Underdog Fantasy legal states to see if you can join. The app is available now—don’t miss the fantastic fantasy sports offer of Underdog Fantasy DFS site!
Use the bonus, access your account, and start winning today. For more betting options, see our guide on the sweepstakes sportsbooks.
Frequently Asked Questions Underdog Fantasy Site
What is the prize pool about on Underdog Fantasy?
The prize pool on the Underdog Fantasy site varies depending on the contests you enter. It can range from small amounts for daily contests to larger sums for special events and tournaments.
Does Underdog Fantasy offer a deposit bonus?
Underdog Fantasy offers a deposit bonus as part of their welcome offer (up to 1000 dollars). This bonus can help you get started with the betting offering.
Is there a loyalty program on Underdog Fantasy?
Underdog Fantasy has a loyalty program that rewards frequent bettors. You can earn points and other benefits by playing at fantasy games, participating in contests and engaging with the platform regularly.
Can I play fantasy football on Underdog Fantasy?
Yes, Underdog Fantasy offers fantasy football leagues. You can create your own team, enter tournaments, and compete against other players for various generous prizes.
Does Underdog Fantasy have a refer-a-friend program?
Yes, Underdog Fantasy has a refer-a-friend program. By inviting your friends to join, you can earn additional rewards and multiplier boosts, enhancing your overall experience on the site.
Is Underdog Fantasy a legitimate and licensed platform?
Yes, Underdog Fantasy is a legitimate platform. It operates legally and holds the necessary licenses to provide fantasy sports services in the jurisdictions where it is available. This ensures that users can participate in contests with confidence, knowing that Underdog Fantasy is a licensed and regulated platform, and compliant with relevant laws.
Is the app for Underdog Sportsbook the same as Underdog Fantasy app?
No. The app for Underdog Fantasy doesn’t work to access Underdog Sportsbook app. To play both, you need to switch between Drafts Underdog Fantasy and real money Underdog.