Underdog Fantasy Promo Code | All Underdog Promo Codes

James Leeland
|
Last Updated on Sun Mar 09 2025
Reviewed By: Mike McKean

When I signed up at Underdog Fantasy for the first time, I discovered a generous 50% match deposit bonus for new users. which I easily claimed by entering a promo code.Underdog Fantasy Promo Code | All Underdog Promo Codes

The Underdog welcome bonus offers new users half their initial deposit in bonus cash. This reward is subject to a 1x wagering requirement before being eligible for withdrawal. Besides the welcome bonus, I also came across a referral program that paid us $10 in bonus cash for every new user I invited to the platform.Underdog Fantasy Promo Code | All Underdog Promo Codes

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DFS
Deposit Bonus
4.7/5
Claim your Special Pick via Code + First Time Deposit up to $250 in bonus!
Generous welcome bonus
Easy to navigate platform
Offers a great variety of sports and contests
Play now
T&Cs and 21+ apply

Get a 50% match deposit bonus up to $250 on your first deposit

Generally, you get a welcome bonus when you sign up at most DFS sites. However, Underdog Fantasy’s offering left us particularly impressed. Once you create an account, and input the promo code, the platform rewards you with half your initial deposit up to $250 to spend on daily fantasy sports games.

The bonus terms are pretty straightforward. For starters, I discovered there’s a 60-day validity window attached to it, so you might want to wager it as quickly as you can. It also comes with a surprisingly generous 1x playthrough requirement, after which you can withdraw the winnings or spend it on DFS games.

Underdog Fantasy DFS Promo
Underdog Fantasy
Claim your Special Pick via Code + First Time Deposit up to $250 in bonus!

Generous welcome bonus. Easy to navigate platform. Offers a great variety of sports and contests. T&Cs and 21+ apply

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Play Now

Sign up and enter the Underdog promo code to unlock the bonus

Here’s a step-by-step guide on how I got my hands on the welcome bonus:

  • Step 1: Open the Underdog Fantasy website or mobile app on your device and click on the Sign Up button
  • Step 2: Enter your email, password, preferred username, and date of birth in the provided fields
  • Step 3: Input the promo code for the welcome offer and click on the Sign Up button to complete your registration
  • Step 4: Head to the Cashier section and make a deposit between $10 and $500 to get the match deposit bonus
  • Step 5: Play through the bonus once to make it available for withdrawal

Underdog Fantasy’s welcome bonus only has a 1x wagering requirement, which is pretty standard in daily fantasy sport platforms. The match deposit bonus also comes with a 60-day validity period.

Top 5 expert tips to maximize your Underdog promo

A $250 bonus isn’t a lot if you’re not managing it properly. Here are my tested tips to supercharge your Underdog Fantasy bonus as a beginner to daily fantasy sports:

Start with your favorite leagues

Underdog Fantasy features the top five sports leagues: MLB, NHL, PGA, NBA, and NFL, so there are many options for players. Since we’re relatively up to date on the latest NBA and MLB news, I stuck to those options when playing at Underdog Fantasy.

Getting good at daily fantasy sports is difficult enough. You don’t want to throw in the pressure of learning a new sport.

Utilize other Underdog promos

Besides the welcome bonus, I came across other promotions that helped supercharge my experience. For instance, you can use Pick’em Boost multipliers and Pick’em Specials to get extra Bonus Cash to spend on games.

You can also use the Playback Program to get cashback on your Pick’em entry fees as Bonus Cash during certain promotions. While I didn’t play enough to witness any Playback events, the point of the story is to always keep an eye out for incentives that keep up the fun.

Conduct in-depth research

I recommend approaching daily fantasy sports like sports betting. You can get good at DFS with in-depth research and strategic thinking. Before putting your team together for your next game, it’s best to conduct some real research into each of your players to see how well they fit into your team.

Stick to low buy-ins for a start

One thing I’ve noticed on the best daily fantasy apps is how inexperienced players tend to enter games with high buy-ins. You’re statistically better off sticking to lower buy-ins when you’re just starting out, as it reduces your chances of being paired with far more experienced opponents

Keep an eye on your budget

My initial deposit when I signed up was $20, but I later regretted it. Since one of the bonus terms and conditions is that the platform will only match half of your first deposit, I got a $10 bonus out of a possible $250. You don’t want to make the same mistake as I did. If it is within your budget, a higher bonus amount might be on the cards for you. Consider your first deposit carefully before claiming the bonus.

Five fast facts about the welcome bonus

Underdog Fantasy Promo Code | All Underdog Promo Codes

You can fund your account using PayPal or Visa. The available deposit options may vary based on your location, but credit and debit card deposits seemed to be available to all users.

Underdog Fantasy Promo Code | All Underdog Promo Codes

Yes, I had to enter a promo code to unlock the match deposit welcome bonus for new users. While the code may be subject to change, the DFS site always provides the current code.

In my case, the code was featured on the website’s homepage. If you’re having issues locating the current promo codes on your own, you can also contact support.

Underdog Fantasy Promo Code | All Underdog Promo Codes

The bonus has a 60-day validity period. You’ll have to forfeit all bonus funds if you fail to complete the playthrough requirement after 60 days of claiming them. Thankfully, Underdog allowed us to join contests with my bonus funds before playing with the deposited cash, so the bonus is unlikely to expire.

Underdog Fantasy Promo Code | All Underdog Promo Codes

Underdog Fantasy is lenient with its promo code, as the platform allows you to redeem your bonus even if you forget to enter the code. In my case, I simply reached out to the site’s support channel, and a customer service agent retroactively applied the code to my account.

Underdog Fantasy Promo Code | All Underdog Promo Codes

If you don’t complete the wagering requirement in 60 days after getting the welcome bonus, you’ll have to forfeit the reward. While the winnings from bonus wagers will be left untouched, Underdog takes away any leftover bonus cash.

No VIP program at Underdog

Throughout my Underdog Fantasy review, I didn’t come across any VIP or loyalty program on the platform. The only initiative that comes close to a rewards program is the Refer-a-Friend program, an arrangement where the site rewards existing players for inviting new users.

When you opt into the Refer-a-Friend Program, you’ll get a unique referral code you can share to friends interested in signing up at Underdog Fantasy. Once someone registers with your referral code, you’ll receive a $10 bonus.

Daily fantasy sports bonus vertical

Introduction to Bonus Offer

Underdog Fantasy started us off with a 50% welcome bonus on my first deposit. Claiming the bonus was easy. I only had to create an account, apply the promo code, and make my initial deposit to receive the bonus cash.

I was able to spend the bonus on all Underdog games, and the 1x wagering requirement was easy to meet. I recommend keeping the validity period in mind when using this bonus, as it’ll simply disappear if unused within 60 days.

Reality Test

Claiming the bonus was easy. I initially forgot to enter the code, but I quickly contacted customer service, and they applied the code on my behalf. After getting the bonus cash, I spent it on a few NBA and MLB selections, just like regular cash.

While I lost most of the matchups I spent the bonus cash on, I won a few. Thanks to the 1x playthrough requirement, the winnings were credited to my withdrawable balance. Compared to other DFS sites, Underdog’s welcome bonus is easy to claim, use, and potentially withdraw.

Bonus Withdrawal

If you’re already experienced with daily fantasy sports, blazing through the beginner-level games shouldn’t be a problem. Since the 1x playthrough requirement is the only obstacle between the bonus cash and withdrawal, you won’t have issues playing through and withdrawing the welcome bonus.

Pitfalls & What to Avoid

After some digging, I discovered that the Underdog Fantasy welcome bonus has a 60-day validity period. It’s best to play through the bonus before the time is up. 60 days is a long time, so I don’t expect you to encounter any problems with this timeline.

Note that the bonus cash isn’t withdrawable. You must play through it at least once, which is standard practice in most DFS sites. I even expected a higher playthrough requirement, but we’re certainly not complaining.

Kickstart your DFS experience with this unbeatable bonus

Underdog Fantasy’s welcome bonus is an excellent one for first-time daily fantasy sports players, as it starts you off with bonus cash to join contests and explore the platform. Claiming the bonus is easy; simply head over to the platform, sign up, and enter the promo code from their website.

The welcome bonus isn’t the only way to obtain bonus cash. I also discovered the Refer-a-Friend program, a referral arrangement where you receive $10 for each new user who signs up using your sports promo code.

DFS
Deposit Bonus
4.7/5
Claim your Special Pick via Code + First Time Deposit up to $250 in bonus!
Generous welcome bonus
Easy to navigate platform
Offers a great variety of sports and contests
Play now
T&Cs and 21+ apply

Underdog Fantasy promo code FAQ

Underdog Fantasy Promo Code | All Underdog Promo Codes

The minimum qualifying deposit is $10. Since Underdog Fantasy only matches half of your deposit, you get bonus cash of $5 for the minimum deposit.

Underdog Fantasy Promo Code | All Underdog Promo Codes

Your Underdog balance has two types of ‘money’: withdrawable and bonus cash. While both are withdrawable, the latter requires meeting a playthrough requirement first and comes with a validity period.

Underdog Fantasy Promo Code | All Underdog Promo Codes

Underdog Fantasy requires a promo code to unlock the 50% match deposit bonus. The code is typically available on the website’s homepage, but Underdog’s support can help if you have trouble locating it.

Why Trust Us & Affiliate Disclaimer

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Underdog Fantasy Promo Code | All Underdog Promo Codes

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
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