Savvy fantasy players are always looking for new ways to get in on the action. Enter Underdog Fantasy, and our exclusive Underdog promo code. The Underdog Fantasy promo code LABS will get you a $100 deposit match when you sign up today.
Underdog Fantasy allows users to compete in a variety of different contest types, spanning as short as one game or as long as an entire season. That includes the industry’s top-rated best ball fantasy format as well as daily pick ‘em contests.
Once you sign up with the Underdog Fantasy promo code, you’ll find contests that fit every budget, spanning from as little as $3 per entry all the way up to $10,000. Overall, there truly is something for everyone in the Underdog lobby. Follow along for more details regarding current Underdog promotions and offers, how to sign up and fund your account, along with an in-depth review of their DFS contests and Underdog mobile app.
How to Use Our Underdog Promo Code
Signing up with the Underdog promo code is easy. Just click on one of the links on this page, which will send you to the Underdog Fantasy website. That will bring you to a new screen where you can enter your username, email address, password, date of birth, and promo code. Just make sure to enter LABS in the promo code field if it isn’t already filled, and you’ll be all set to claim your $100 bonus.
Remember, this Underdog Fantasy promo code is only available for new users in eligible states who are at least 18 years old (or 19 in Alabama or Nebraska, and 21 in Massachusetts and Arizona). As long as you fit those criteria, you’re eligible to take advantage.
What is Underdog Fantasy?
Underdog Fantasy was started in 2020 in Brooklyn, New York by Jeremy Levine, Brandon Stakenborg, and Trevor John. Its popularity has exploded since then. In addition to grabbing a handful of noteworthy investors, Underdog Fantasy has also been incredibly well-received by players. Their app is user-friendly, earning a rating of 4.7 stars in the Google Play store and the App Store. Those factors have combined to make it the fastest-growing fantasy website on the planet.
Underdog Fantasy is different than the typical daily fantasy website. Instead of competing against sharks in salary-cap formats, Underdog levels the playing field with snake drafts. Those drafts can cover an entire season’s worth of games – also known as best ball – or they can span just one single day. These drafts can feature just two people or as many as 12. In the biggest best ball formats, 12-team leagues are combined to create some of the largest payouts in fantasy.
Is Underdog Fantasy Legit?
The daily fantasy sports industry is filled with many operators, some of which are less recognized when compared to big names like DraftKings and FanDuel. A few common questions up for prospective sports fans who are thiking about sign up for the Underdog Fantasy promo code: Is Underdog Fantasy legal? Is Underdog Fantasy legit? Allow us to dispel any doubts.
Absolutely, Underdog is legit. Although Underdog Fantasy might be young, they have a sparkling reputation. In addition to the fantastic user ratings on the App Store and Google Play Store, the Underdog Fantasy team has a star-studded list of investors. They include Mark Cuban, Kevin Durant, Adam Schefter, Steve Aoki, Nas, and a host of the top names in fantasy football. The company has also recently received a $485M valuation following its latest round of fundraising.
A little more about Underdog Fantasy’s genesis…
Underdog Sports, Inc. is a venture co-founded by Brandon Stakenborg, Jeremy Levine, and Trevor John in the initial months of 2020. Based on data from Crunchbase, this firm has successfully generated $45 million in capital through Seed, Series A, and Series B funding rounds. The investor portfolio of the company is impressive, boasting names like Mark Cuban and Kevin Durant, along with substantial institutional investment from BlackRock, a renowned publicly traded company and one of the world’s leading investment firms. Underdog’s most recent funding endeavor in July 2022 saw its Series B round raise an impressive $35 million.
This information provides an insight into the solid corporate structure and financial backing of the company. However, let’s delve into our personal experience with the platform as fantasy sports users, best ball drafters — participating in small and largedrafts — and fantasy pick’em contest fanatics.
That’s right, our team has been utilizing Underdog Fantasy for various contests across different sports ever since Underdog joined the fantasy sports industry. We’ve both deposited and withdrawn funds without a hitch. The entire process has been smooth, and hte Underdog Fantasy app puts forth arguably the best user experience as far as gaming products are concerned.
Is everything flawless? Naturally, it’s not. Underdog is still in its growth phase. For example, we’d appreciate it if Underdog could enhance its college football services, perhaps by including player cards with photos. However, these are minor issues.
So, once again, to answer the question, “Is Underdog Fantasy legit?” We affirmatively say, yes, it is.
Additionally, Jeremy Levine has an outstanding track record of building successful businesses in this industry. He was the founder of StarStreet, which was purchased by DraftKings, before moving on to DRAFT, which was acquired by FanDuel. Those prior companies have given Levine plenty of creditability in the fantasy sports space. Levine obviously has earned respect not only from his competitors, other players in the industry, but also the likes of big time investors and businessmen like Mark Cuban.
Underdog Fantasy Mobile App Review
The Underdog Fantasy mobile app is among the highest-rated apps in both the Google Play and App Store. It has an average rating of 4.7 stars across 1,700 reviews in the Google Play store and 4,900 reviews in the App Store. Users site the user-friendly interface, strong customer service team, and exciting new game types among the reasons they love Underdog Fantasy.
Why We Love Underdog at Here FantasyLabs
The Underdog Fantasy promo code checks off so many boxes for us and, really, anyone who likes to play fantasy sports. Not only is Underdog Fantasy legal and legit, but the Underdog Fantasy app makes best ball drafts super easy to do with just the palm of your hand.
I’ve been playing fantasy sports for almost two decades now, and Underdog best ball leagues are a genius invention that has absolutely disrupted fantasy sports, for the better.
I love the possibility of winning real money, including massive prizes, like the $3M first-place prize in the biggest Fantasy Football contest yet, Best Ball Mania IV.
Signing up and making your first deposit is simple, and in a matter of minutes you can start discovering what Underdog and best ball mania contests are all about as you gear up for the NFL season. With the Underdog Fantasy promo code, you can also use your bonus funds for an entry into pick’em contests or a best ball draft.
As you’ll see below, there are a plethora of fantasy sports available.
Available Fantasy Sports & Contest Types
Underdog Fantasy started out strictly as a football product, but it has since expanded into other areas. In fact, it’s hard to find a sport that isn’t currently available on Underdog Fantasy. They include:
- College Football
- College Basketball
- NBA All-Star Weekend
- MLB HR Derby
- Nathan’s Famous Hot Dog Eating Contest
The contest types can be split into two main categories: Drafts and Pick’em.
Underdog Fantasy Drafts
Drafts are how Underdog Fantasy initially got on the map. It includes their wildly popular Best Ball format, which allows you to draft a full season-long team with no in-season management. You draft a full roster, and your lineup is automatically optimized each week for the maximum number of possible points.
For the upcoming season, Underdog Fantasy is rolling out some of the biggest prize pools in fantasy history. That includes the Best Ball Mania tournament, which features $10M dollars up for grabs. There are three different million-dollar payouts in that tournament, and you can enter for just $25.
The large best ball tournaments work by combining different 12-team leagues into a larger tournament bracket. The first 14 weeks of the NFL regular season make up Round 1. The top two finishers in each 12-team league will advance to Round 2, where they will be shuffled into 10-team groups. Round 2 will take place in NFL Week 15, and the winner of each 10-team group will advance to Round 3.
Ultimately, there will be 470 teams left at the end of the process duking it out for the big money. Everyone who advances out of Round 1 will take home at least $40, but those who make it to Round 4 will have a shot for the top prize of $2M in Week 17.
If that’s not your cup of tea, Underdog Fantasy also has other draft formats. There are simpler best balls leagues, where you compete against 11 other people and whoever has the most points at the end of Week 17 wins. There are also drafts that cover a shorter period of time, like a single Sunday Night Football contest for example.
If you’re not interested in competing against other users, you can compete against the house in the pick’em format. In the same way that traditional sportsbooks set player prop bets, Underdog Fantasy offers different types of wagers related to player performance.
The most common wagers are over/unders. A specific number will be set for a player in a certain category – quarterback passing yards, point guard assists, pitcher strikeouts, etc – and you can select whether you believe that player will go over or under the listed number. These are available in a multitude of sports for a host of different players and categories.
“Rivals” are the other possible wager type. They pit two players against each other, and you have to select which player will win the head-to-head matchup. There can also be a point spread included. For example, Aaron Rodgers might be -25.5 passing yards against Kirk Cousins. That means that Rodgers would have to throw for at least 26 more yards than Cousins to ultimately win the wager.
Once you’ve selected the pick’em wagers that you like, it’s time to put together your betting card. The potential payout increases with the number of individual selections included in each bet: adding two wagers will give you a 3x payout while adding five wagers can net you 20x. The more selections you include, the bigger the upside.
Eligible States – Where Is Underdog Fantasy Legal?
Underdog Fantasy is not currently available in every US state, but it does span most of the country. Users is the following 10 states are currently ineligible to participate in fantasy drafts:
Fantasy drafts are also available for Canadian residents outside of Ontario.
The pick’em format features a few more restricted locations. In addition to the previous 10 states, the following nine locations are excluded from Underdog Fantasy Pick’em:
- New Hampshire
- New Jersey
- West Virginia
Finally, college pick’em contests are not available in the following states:
- New York
Underdog is constantly working on further approval across the United States and Canada, so make sure to follow their Twitter account for any updates.
Underdog Fantasy Payment Options
How to Deposit Funds
The first step to depositing funds is making sure that you’ve created an account. Once you’re logged into your account, the process for depositing funds is simple:
- On the top right-hand side – located directly to the left of “Account” if you’re on your computer – you will see your wallet. If it’s your first time making a deposit, your wallet will state “$0”.
- Clicking on your wallet will bring you to the deposit screen.
- Once you’re on the deposit screen, choose the amount you’re looking to add to your account and the funding method.
- Click the submit button, and your account will be funded almost instantaneously.
The current payment methods for Underdog Fantasy include PayPal and credit card. Visa, Mastercard, American Express, and Discover are the cards accepted.
How to Withdraw Funds
To make a withdrawal, you’ll need to click on the “account” button as opposed to your wallet. Once you’re inside your account settings, you can find the withdrawal section on the left side of the page.
Withdrawals on Underdog Fantasy are always free, and the minimum withdrawal amount is $10. The only exception is if your account has less than $10 in it, in which case, the user can withdraw whatever remains in their account.
The only funds that are not withdrawable are bonuses that haven’t been fully played through. Those will show up in your account balance as “bonus cash.” Once the bonuses have been played through, they will move into the “withdrawable cash” section.
Withdrawals are initially credited back to the initial deposit source whenever possible. Any remaining difference will then be paid out to the user’s selected withdrawal method.
Current withdrawal methods include PayPal and Interchecks.
Like some of the more established fantasy sites, Underdog is looking to gain entry into the sports betting marketplace. Following a recent round of fundraising, Underdog has applied for sports betting licenses in Colorado and Ohio. Sports betting in Ohio is set to go live on January 1, 2023, so Underdog is trying to get in on the ground floor.
Underdog is expected to continue its foray into sports betting in other states as well. That’s great news for those who are signed up on Underdog Fantasy. New sports betting websites typically means new promotions, and there will likely be plenty of those available for Underdog users. That can include deposit bonuses, promo codes, odds boosts, and more.
Shopping for the best line is one of the easiest ways to improve your game as a sports bettor. Adding another potential outlet is undoubtedly a good thing.
Underdog Customer Service Review
Underdog fantasy features some of the best customer service in the fantasy industry. There are thousands of satisfied users, which is why the app is rated so favorably in the App Store and the Google Play Store.
Positive reviews cite Underdog’s fast and friendly customer support, user-friendly interface, and fast withdrawal turnarounds.
Underdog Fantasy Promo Rating
Underdog Fantasy might be the new kid on the fantasy streets, but they are quickly making a name for themselves. Their best ball format offers some of the largest payouts in the industry, while the pick’em format makes it easy for anyone to get involved.
Overall, Underdog Fantasy App has a rating of 4.7, and I would give the deposit bonus a rating of 5.00.
Underdog Fantasy FAQ
What is the best Underdog Fantasy promo?
The promo code “LABS” will get you a 100% deposit bonus of up to $100. Not only is that the best deposit promo on Underdog, it’s one of the best promos in the fantasy industry.
Where is Underdog legal?
Underdog Fantasy is currently legal in 40 states and all of Canada with the exception of Ontario. Users in all of those locations will be eligible to participate in the Draft format. The excluded states are Connecticut, Delaware, Hawaii, Idaho, Iowa, Louisiana, Michigan, Montana, Nevada, and Washington.
Additionally, Underdog’s Pick’em contests are not available in the 10 above states plus Colorado, Maryland, Missouri, New Hampshire, New Jersey, Ohio, Pennsylvania, Tennessee, and West Virginia.
Finally, Arizona, Arkansas, Indiana, Maine, Maryland, Massachusetts, Mississippi, New York, and Vermont do all users to participate in pick’em contests for professional sports, but they do not for college sports.
Does Underdog have a sportsbook?
Not currently, but Underdog has applied for sports betting licenses in Colorado and Ohio. Expect them to file for sports betting licenses in additional states in the near future.
In the interim, those who are interested in betting on player prop bets should check out the pick’em format. They feature the same popular player props at most sportsbooks, and they can be combined for a parlay-style payout.
How do I deposit on the Underdog app?
Depositing on the Underdog app is really easy. Just click on the wallet, choose the amount you want to deposit and select your deposit method. If it’s your first time depositing, make sure to enter the promo code “LABS” to take advantage of the deposit bonus.
How quick are Underdog Fantasy drafts?
Underdog offers two different speeds for their drafts: fast and slow. Fast drafts feature a 30-second timer per pick, so drafts are completed really quickly. In an 18-round football draft, the draft will take a maximum of 108 minutes. In reality, most drafts will likely be completed in less than an hour. They’re perfect if you’re sitting around and looking to bang out a draft quickly.
Slow drafts replace the 30-second timer with an eight-hour timer. That means the drafts will be completed over the course of multiple days or weeks. They’re the solution for those looking to draft leisurely or looking to draft as many teams as possible.
-How fast does Underdog payout?
Underdog Fantasy pays out winnings exceptionally quickly. It usually takes around 20-30 minutes after all the games in your Draft or Pick’em contests are completed.
If you’re looking to withdraw funds, it usually takes around 2-3 business days.