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Underdog Fantasy Promo Codes



Updated: Oct 21, 2023

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Before joining a DFS site, there are a couple of things you need to consider.

While things such as banking methods and contests are important, you also need to consider a site’s promotional offers.

Underdog Fantasy, founded in 2020 and backed by some big names, is one of the fastest-growing DFS sites and is the focus of our promo guide.

Instead of focusing on the types of contests you can enter (which we’ll cover in our in-depth review), we’re going to focus on something that many people look forward to bonuses.

Interested in this topic? Read on!

Underdog Fantasy Promo Code

If you’re signing up at Underdog Fantasy, you can claim your welcome exclusive bonus.

Currently, the site has the following offer: Up To $250 First Match Deposit Bonus.

With this welcome offer, you’ll receive a dollar-for-dollar match when you make your first deposit.

Just make sure that your first deposit is $10 or more since that is the minimum amount the site will match.

For example, if you sign up using the above promo code and deposit $80, Underdog Fantasy will give you an extra $80.

Essentially, your initial deposit will end up being doubled.

The maximum you can get from this offer is $500, so any first deposit that’s greater than $500 will still end up yielding a $500 bonus.

Of course, since this is a welcome bonus, registered users can’t enjoy such perks.

Also, the match bonus only applies to your first deposit; any subsequent deposits won’t trigger a bonus.

Aside from the above basics, here are other key bonus terms that should always be at the back of your mind:

  • Total Bonus Available: The maximum amount you can get. For, as per Underdog Fantasy’s terms, new users can get up to $500 in bonus funds from the welcome offer.
  • No Deposit Bonus: A free bonus that doesn’t require an investment.
  • Bonus Offer: A bonus of a set amount that’s usually meant to be played all at once.
  • Credit Offer: If you lose a qualifying entry, you’ll be rewarded with a refund.
  • Bonus Code: A special key—usually in the form of unique characters—that unlocks bonus funds.

Do Underdog Fantasy’s Promo Codes Expire?

Most fantasy sports promos usually have an expiry date.

While reviewing the fine print, we couldn’t find any time limits attached to Underdog Fantasy’s welcome bonus.

While this means that you can take your time and use the bonus funds without worrying about potential time constraints, we don’t expect these bonus funds to last forever.

Underdog Fantasy No Deposit Promo Code

In no deposit promos, players are usually rewarded with bonuses of small amounts.

Best of all, they receive such bonuses without having to make a deposit.

Many DFS sites give users a free bonus when they sign up. Currently, however, Underdog Fantasy doesn’t have a no deposit offer.

Underdog Fantasy Deposit Match Bonus

Underdog Fantasy’s flagship bonus is a deposit match bonus.

If you’re a new user, you can get up to $500 in bonus funds when you make your first deposit.

Just make sure that your initial deposit is between $10–$500, and the site will match any amount within this range.

For example, if you want a $500 bonus to kick-start your fantasy sports exploits, make sure to deposit $500 after you complete the registration process.

Underdog Fantasy Bonus Entry

Free entries are usually promos of fixed amounts. Usually, you can’t break bonus entries into smaller amounts.

So when you receive a bonus entry, you’re supposed to place it all at once.

Currently, Underdog Fantasy doesn’t have a free entry promo.

Underdog Fantasy Credit Entry

When you opt for a credit entry, you end up reducing your risk since you’re guaranteed a refund if a qualifying entry results in a loss.

However, credit entries only reward players when they lose.

So if you win a qualifying entry, you won’t receive a bonus.

Currently, Underdog Fantasy doesn’t have a credit entry promo.

How To Redeem Underdog Fantasy Promo Codes

Getting the welcome bonus from Underdog Fantasy is quite easy.

To help new players out, we’ve detailed the simplified process below:

  1. Head over to Underdog Fantasy’s site.
  2. After landing on the page, click the “Sign Up” button.
  3. You’ll need to provide some personal details.
  4. Such details include your username, password, email, and date of birth.
  5. There’s a space where you can enter a valid Underdog Fantasy promo code.
  6. If you have a valid code, such as the one we mentioned above, enter it in this box.
  7. Click the “Sign Up” button to submit all of your info.
  8. After your account is created, deposit at least $10 to qualify for the site’s deposit match bonus.
  9. Finally, you can now enter contests.

Check Bonus Funds On Underdog Fantasy’s App

If you’re eagerly waiting for your bonus funds, you can always use the app to check whether they’ve arrived.

To do so, just launch the Underdog Fantasy app and head over to your account balances. If the site has issued you with bonus funds, you’ll be able to see them in this section.

How Long Do Bonus Funds Take To Arrive?

Underdog Fantasy is quick to issue bonus funds. Typically, your bonus should arrive instantly once you make an appropriate first deposit.

This is great, especially when you compare this time to some of the site’s competitors.

If something happens and your bonus funds are delayed for an extended period, you don’t need to worry.

Just contact Underdog Fantasy’s customer support team, and you’ll be assisted accordingly.

Playthrough Requirements

Upon receiving your bonus, you’ll need to play through the funds a couple of times before they can be withdrawn.

While other DFS providers will force you to enter your bonus an unnecessary number of times, Underdog Fantasy has a simple 1x playthrough requirement.

This simply means that you need to risk your bonus and the initial deposit just once. After that, you can withdraw the funds immediately.

Aside from this lax playthrough requirement, Underdog Fantasy doesn’t restrict you to certain contests.

So you’re free to use this bonus to enter as many contests as you can.

Sports Specific Bonuses & Promotions

Aside from the site’s main welcome promo, Underdog Fantasy occasionally lists other promos.

The best way to keep up with their promos is by following their social media pages as they usually announce available offers on sites like Twitter.

Having said that here are a few other promos that you can expect from this DFS provider:

NBA Promos

  • Currently, Underdog Fantasy doesn’t have any NBA promos.

NFL Promos

  • Currently, Underdog Fantasy doesn’t have any NFL promos.

NHL Promos

  • Currently, Underdog Fantasy doesn’t have any NHL promos.

Other Underdog Fantasy Sport Promos

Promos Outside Regular Sign Ups

Here are a few other Underdog Fantasy promos that players should consider:

Refer A Friend

You can earn a bonus by referring a friend to the site.

If your friend uses your username as a referral code and deposits at least $10, you’ll end up receiving a $10 bonus.

Weekly Challenge

  • Pick’em Special Stats

Promos Worth Considering

  • Money-back guarantee

State-Specific Bonuses

Underdog Fantasy has standardized all of its promos.

This means that all players have access to the same promos since there aren’t any state-specific promos.


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