Underdog No Deposit Promo Codes (Underdog Fantasy)
New players at Underdog (formerly Underdog Fantasy) can take advantage of one of the most generous welcome bonus packages in the daily fantasy sports industry. While…
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The current welcome offer includes two separate bonuses that can significantly boost your starting bankroll. First, you’ll receive $75 in bonus funds or entry tokens when you make your first play of $5 or more. Second, Underdog matches your initial deposit up to $1,000, giving you double the funds to explore the platform’s diverse contest offerings.
This comprehensive guide will walk you through everything you need to know about claiming these bonuses, understanding the terms and conditions, maximizing your promotional value, and making the most of your Underdog experience. Whether you’re new to daily fantasy sports or an experienced player looking for a fresh platform, this resource covers all the essential details.

Underdog Welcome Bonus Overview
Underdog’s dual welcome bonus structure gives new players two distinct opportunities to earn extra value:
Bonus #1: Play $5, Get $75
- Make your first play of $5 or more
- Receive $75 in bonus funds or entry tokens
- Available in most states (exclusions apply)
Bonus #2: Up to $1,000 First Deposit Match
- Deposit $10 or more after registration
- Receive 100% match up to $1,000
- Example: Deposit $100, play with $200 total
These bonuses combine to create one of the most valuable welcome packages in daily fantasy sports. With a minimum deposit of just $10, you can access both promotions and significantly extend your playing time while exploring Underdog’s contest formats.
Why You Should Claim the Underdog Bonus
Underdog Fantasy is an excellent choice for daily fantasy sports enthusiasts looking for a fresh, innovative platform with unique features and competitive advantages over industry giants like DraftKings and FanDuel.
Premium Contest Variety
The platform offers an impressive range of contest formats designed to appeal to different playing styles and preferences:
- Daily Drafts: Quick-turn contests with same-day results
- Weekly NFL Drafts: Extended strategy with weekend slates
- Best Ball: Season-long format with automatic optimal lineups
- Season-Long Drafts: Traditional league-style competition
- Pick’em Options: Player prop predictions (2-5 selections)
Salary-Free Drafts
One of Underdog’s most significant innovations is the elimination of salary caps in draft contests. Unlike traditional DFS platforms where you must carefully manage a budget while building lineups, Underdog’s salary-free approach removes this complexity entirely.
This streamlined format makes daily fantasy sports more accessible to casual players while still rewarding strategic thinking and player evaluation skills. You can focus entirely on selecting the best players without worrying about fitting them under an arbitrary spending limit.
Low Barrier to Entry
The bonus deal requires just a $10 minimum deposit—less than what you’d spend on lunch or a couple of coffee drinks. This minimal investment allows you to explore the entire platform, test different contest formats, and discover which styles suit your preferences, all while playing with bonus funds that effectively double your bankroll.
With $10 deposited and the $1,000 match bonus, you’ll have $20 to work with immediately. Add in the $75 from the Play $5 Get $75 promotion, and you’re starting with substantial value that provides plenty of runway to learn the platform.
Where Is the Underdog Bonus Available?
Daily fantasy sports enjoy broader legal acceptance than traditional sports betting, which means Underdog operates in significantly more jurisdictions than most sportsbooks. The platform is available in 40 U.S. states plus Washington D.C. and Ontario, Canada.
However, the welcome bonus offers have some important restrictions based on state regulations and Underdog’s promotional policies. Here’s what you need to know:
States Where Underdog Is NOT Available:
- Connecticut
- Delaware
- Georgia
- Hawaii
- Idaho
- Iowa
- Louisiana
- Montana
- Nevada
- Washington
States Where Underdog Operates But Bonus Is Restricted:
- Maryland
- Michigan
- New Jersey
- New York
- Ohio
- Pennsylvania
If you live in one of the bonus-restricted states, you can still create an account, make deposits, participate in contests, and withdraw winnings. You simply won’t be eligible for the welcome bonus promotions. All other platform features remain fully accessible.
How to Use Your Underdog Signup Bonus
Once you claim the signup bonuses, you’ll have significantly more funds to work with than your initial deposit alone. The matched deposit bonus provides instant value, while the $75 bonus from your first $5 play gives you additional flexibility to explore different contest types.
The contests available to you depend on the current sports seasons and your personal interests. Underdog provides comprehensive coverage across major leagues, so you’ll always find active contests regardless of the time of year.
Sports Covered on Underdog:
- MLB (Major League Baseball)
- NFL (National Football League)
- NBA (National Basketball Association)
- NHL (National Hockey League)
- CFB (College Football)
- CBB (College Basketball)
- PGA (Professional Golf)
- MMA (Mixed Martial Arts)
- Soccer (MLS and International)
We recommend starting with a sport you genuinely enjoy and understand. Review the available contests in that section to find formats that match your budget and playing style. If you’re particularly passionate about football, exploring the various contest options during the season can help you identify which formats offer the best value and entertainment.
For players who prefer individual player performance predictions over full lineup construction, the Pick’em format provides an excellent entry point. These contests allow you to combine 2-5 player predictions into parlay-style entries with escalating payouts.

Underdog Expands Beyond Traditional DFS
Beyond its impressive bonus offers and traditional DFS contests, Underdog is pioneering innovation in the sports gaming space. The company recently partnered with Crypto.com’s U.S. derivatives division to launch a groundbreaking new feature that’s attracting attention across the industry.
This partnership enables users to trade outcome-based contracts in real time across major sports leagues. Unlike traditional fantasy contests where your lineup is locked once games begin, this new format allows you to buy and sell positions based on changing probabilities as events unfold.
The feature represents a significant expansion of Underdog’s product lineup and demonstrates the company’s commitment to innovation in sports entertainment. While this functionality operates separately from traditional DFS contests, it provides another engaging way to participate in sports you love.
For players interested in this trading-style approach to sports engagement, the platform offers unique opportunities not available through conventional fantasy sports formats. The ability to cash out positions early or adjust your exposure based on real-time developments adds a strategic dimension that appeals to analytically-minded players.
How to Redeem Your Underdog Bonus (No Promo Code Required)
There is no promo code required to claim your welcome bonuses at Underdog Fantasy. The bonuses activate automatically when you sign up through our links and complete the registration process. This streamlined approach eliminates the hassle of remembering or entering promotional codes.
Step-by-Step Bonus Redemption Guide:
- Click our link to visit the Underdog Fantasy website or download the mobile app
- Select “Sign Up” to begin the registration process
- Fill out the registration form with your username, password, email address, and birthdate
- Click “Sign Up” again to submit your information and create your account
- Verify your location using GeoComply (mobile users grant location permissions; desktop users may install a plugin)
- Navigate to the deposit section and select your preferred payment method
- Deposit at least $10 to qualify for the 100% match bonus (up to $1,000)
- Your matched funds will be added to your account immediately
- Make your first play of $5 or more to receive the $75 bonus funds or entry tokens
Once both bonuses are credited, you’re ready to explore Underdog’s full range of contests. Start with smaller entry fees to familiarize yourself with the platform’s interface and contest mechanics before committing larger portions of your bankroll.
The entire process takes less than five minutes from start to finish, and most deposits process instantly. You can begin participating in contests immediately after completing your first deposit.
Underdog Bonus Terms and Conditions
Understanding the terms and conditions attached to your welcome bonuses ensures you can maximize their value and avoid any surprises when attempting to withdraw winnings. Here are the key requirements and restrictions:
Age Requirements
Age requirements vary by state:
- 18+ in most states: The majority of Underdog’s operating states
- 19+ in Alabama and Nebraska: Higher minimum age requirement
- 19+ in Colorado: For certain game types only
- 21+ in Arizona, Massachusetts, and Virginia: Highest age restrictions
You must meet your state’s age requirement to create an account and claim bonuses. Underdog verifies age during registration, and providing false information will result in account suspension and forfeiture of funds.
Playthrough Requirements
The deposit and bonus amounts must be played through 1x before you’re eligible to withdraw funds. This is one of the most favorable playthrough requirements in the industry—many competitors require 3x, 5x, or even higher multiples.
Example: If you deposit $100 and receive a $100 match bonus (total $200), you must wager at least $200 in total entry fees before withdrawing. This 1x requirement is extremely player-friendly and means you only need to play through your funds once, not multiple times.
Geographic Restrictions
You must be physically located in an eligible state when creating your account, making deposits, and participating in contests. Underdog uses GeoComply location verification to ensure compliance with state regulations.
Using VPNs, proxy servers, or other location-masking technology is strictly prohibited and will result in account suspension, forfeiture of bonuses, and potential loss of deposited funds.
One Account Per Person
Each person is limited to one Underdog account. Creating multiple accounts to claim bonuses multiple times is considered fraud and will result in permanent bans for all associated accounts. This includes:
- Multiple accounts under different names
- Sharing accounts with family or friends
- Creating new accounts after self-exclusion
Can You Win Real Money on Underdog?
Absolutely. Underdog is a real-money daily fantasy sports platform, meaning all contests require real money deposits and award real cash prizes to winners. Unlike sweepstakes-style social gaming sites that use virtual currencies, Underdog operates as a legitimate skill-based gaming operator where your winnings can be withdrawn as actual currency.
When you win contests on Underdog, your cash prizes are added to your withdrawable balance (once playthrough requirements are met). You can then request a payout through available withdrawal methods, which are processed quickly and efficiently.
The platform supports various withdrawal options with different processing speeds. Most users prefer PayPal or Trustly for the fastest access to their winnings, with funds typically arriving within 24-48 hours. Electronic checks take slightly longer at 3-5 business days but remain a reliable option for those who prefer direct bank transfers.
Best of all, Underdog charges no withdrawal fees, meaning you receive 100% of your winnings when you cash out. This is a significant advantage over some competitors that deduct fees from every withdrawal.
How to Maximize Your Underdog Match Bonus
Strategic bonus usage can significantly extend your playing time and increase your chances of turning promotional funds into withdrawable winnings. Here’s how to get the most value from your Underdog bonuses:
Start with Smaller Entry Fees
When first exploring Underdog with bonus funds, resist the temptation to jump into high-stakes contests immediately. Starting with $3-10 entry fees allows you to:
- Learn the platform’s interface and mechanics
- Test different contest formats to find your preferences
- Develop strategies without risking large portions of your bankroll
- Extend your playing time and maximize contest entries
For example, with a $10 deposit and $10 match bonus (total $20), you could enter 6-7 contests at $3 each rather than just 2 contests at $10 each. More entries mean more opportunities to win and more experience with the platform.
Focus on Sports You Know
Your edge in daily fantasy sports comes from knowledge and research, not luck. Concentrate on sports and leagues you genuinely follow and understand. If you watch baseball religiously but rarely pay attention to hockey, stick with MLB contests even if NHL offerings look tempting.
Baseball season provides excellent opportunities for daily fantasy engagement due to the 162-game schedule and frequent slates. Multiple contests run every day, giving you consistent opportunities to apply your knowledge and refine your strategy.
Consider the various sports and contest types available throughout the year. Below are some recommended options with minimum entry fees and notable features:
| Sport | Min. Entry | Why It’s Great |
| MLB | $3 | Triple Play and Grand Slam contest options |
| PGA | $3 | Three-Putt Thursday and tournament specials |
| NFL | $3 | 12-person drafts and extensive Pick’em selections |
| NBA | $3 | 12-person drafts with daily slate variety |
| NHL | $3 | Fast-paced action with multiple daily games |
| CFB | $5 | Weekend slates with massive player pools |
Diversify Across Contest Types
Don’t limit yourself to just one contest format. Underdog offers multiple game types, and your skills may translate better to certain formats than others. Try:
- Pick’em contests for straightforward player prop predictions
- Best Ball for set-and-forget season-long competition
- Daily drafts for salary-free lineup construction
- Rivals contests for head-to-head player comparisons
Experimenting with different formats while using bonus funds gives you risk-free exposure to each type, helping you identify where you have the strongest advantage.
What If You’re Already an Underdog Member?
If you’re an existing Underdog player who previously claimed the welcome bonus, you unfortunately cannot access these promotional offers again. The welcome bonuses are exclusively for new users making their first deposits and initial plays.
However, existing players still have opportunities to earn incentives and boost their bankrolls through other promotional channels:
Ongoing Promotions
Underdog occasionally runs special promotions for existing users, though these are less frequent and generous than welcome bonuses. Promotional offers may include:
- Reduced prop contests with lower entry fees
- Boosted payouts on specific contest types
- Holiday or seasonal special events
- Limited-time bonus opportunities
Check the “Presents” tab in the Underdog app regularly to catch these promotions when they go live. They typically have short windows of availability and limited quantities.
Referral Program Bonuses
One of the best ways existing players can earn additional value is through the referral program. When you invite friends to join Underdog, both you and your referred friend can earn bonuses.
The program works as follows:
- Share your unique referral link with friends
- Your friend signs up and deposits at least $10
- You receive a bonus credit after they complete their qualifying deposit
- Your friend receives their welcome bonus as a new user
This creates a win-win situation where you earn rewards for growing the Underdog community while your friends get access to valuable welcome bonuses. There’s typically no limit to how many friends you can refer, making this a sustainable way to boost your bankroll over time.
Alternative DFS Platforms
If you’ve already maximized available promotions at Underdog Fantasy, consider exploring other daily fantasy sports and sweepstakes platforms that offer welcome bonuses to new users. Popular alternatives include:
- Thrillzz: Sweepstakes-style platform with social gaming elements
- Fliff: Sports prediction platform with virtual currency system
- PrizePicks: Player prop specialist with simple pick’em format
- Sleeper: Season-long focus with strong social features
- DraftKings & FanDuel: Industry leaders with extensive contest variety
Each platform has its own unique features, bonus structures, and contest formats. Diversifying across multiple DFS sites allows you to take advantage of various welcome promotions while finding the platforms that best match your playing style.
Frequently Asked Questions About Underdog Bonuses
Is the Underdog bonus for new members only?
Yes, the welcome bonuses (both the Play $5 Get $75 offer and the deposit match up to $1,000) are exclusively for new players creating their first Underdog account. If you’re already a member of Underdog Fantasy, you cannot claim these bonuses again. However, existing members can earn rewards through the referral program and occasional promotional offers for current users.
What’s Underdog’s reputation like?
Underdog has built a solid reputation in the daily fantasy sports industry. The platform maintains an iOS App Store rating of over 4.7 stars, reflecting strong user satisfaction. The Android app rating is slightly lower, though reviews indicate this is often due to players disappointed by contest results rather than platform issues.
The company has attracted notable investors including Mark Cuban, Kevin Durant, and other high-profile figures, which speaks to its credibility and growth potential. Underdog operates legally in 40 states and complies with all applicable regulations, ensuring a safe and secure environment for users.
Can I sign up from Georgia?
No, Georgia is currently a restricted state where Underdog does not operate. Residents of Georgia cannot access the DFS platform or claim any bonuses. If you’re located in Georgia and interested in daily fantasy sports, you’ll need to wait for potential regulatory changes that might allow Underdog to expand into your state.
However, if you travel to a neighboring state where Underdog is legal (such as Florida, Tennessee, or South Carolina), you can create an account and participate in contests while physically present in that eligible jurisdiction.
Do I need a promo code to claim the Underdog bonus?
No, you do not need to enter a promo code to claim the Underdog welcome bonuses. The bonuses activate automatically when you sign up through our links and complete the required actions (making a deposit of $10+ for the match bonus, and placing your first $5+ play for the $75 bonus). This automatic activation eliminates the hassle of remembering and entering promotional codes.
How quickly can I withdraw my bonus winnings?
You can withdraw your winnings once you’ve met the 1x playthrough requirement on your deposit and bonus amounts. This means if you deposited $100 and received a $100 match bonus (total $200), you must wager at least $200 in total entry fees before requesting a withdrawal. Once you’ve satisfied the playthrough requirement, most withdrawal methods process within 24-48 hours (PayPal and Trustly) or 3-5 business days (electronic check).
What payment methods can I use to deposit and claim the bonus?
Underdog accepts several convenient deposit methods including PayPal, debit cards (Visa, Mastercard, Discover), Trustly online banking, and Apple Pay (debit cards only). The minimum deposit to qualify for the match bonus is $10. All deposit methods process instantly, allowing you to claim your bonus and start playing immediately.
Can I claim both the $75 bonus and the deposit match?
Yes! New players are eligible for both promotional offers. You’ll receive the deposit match immediately when you make your first deposit of $10 or more. Then, when you place your first entry of $5 or more, you’ll receive the additional $75 in bonus funds or entry tokens. These bonuses stack, giving you maximum value as a new user.
Making the Most of Your Underdog Experience
Successfully claiming and using your welcome bonuses is just the beginning of your Underdog journey. To maximize your long-term success on the platform, consider these additional strategies and resources.
Understanding where the platform operates and what restrictions apply in your specific jurisdiction ensures you can participate without issues. Each state has unique regulations that affect contest availability, so familiarizing yourself with these limitations prevents frustration down the road.
Managing your deposits and withdrawals effectively is crucial for maintaining a positive experience. Knowing which payment methods offer the fastest processing times and understanding the platform’s banking procedures helps you move money efficiently when you need to add funds or cash out winnings.
Many successful players develop expertise in specific contest formats or sports leagues. Whether you gravitate toward football contests during the fall, player proposition picks throughout the season, or parlay-style combinations that multiply your payouts, finding your niche improves both your enjoyment and profitability.
Beyond traditional daily fantasy formats, exploring newer features like sports outcome trading can diversify your strategy. This alternative approach to sports engagement offers unique opportunities for players who prefer market-based prediction over conventional lineup construction.
Important Terms and Disclaimers
Must be 18+ (19+ in AL, NE; 19+ in CO for certain games; 21+ in AZ, MA, VA) and physically present in a state where Underdog operates. Terms apply. See assets.underdogfantasy.com/web/PlayandGetTerms_DFS_.html for complete details.
Bonus offers not valid in MD, MI, NJ, NY, OH, and PA. Check local state regulations to ensure full eligibility.
Gambling Problem? Get Help:
- Call 1-800-GAMBLER or visit www.ncpgambling.org
- Arizona: Call 1-800-NEXT-STEP (1-800-639-8783) or text NEXT-STEP to 53342
- New York: Call 1-877-8-HOPENY or text HOPENY (467369)
Bonus offers, terms, and availability are subject to change. Always verify current information on the official Underdog website.







