
Most people only know about DraftKings and FanDuel, the two most popular daily fantasy sports platforms with millions of users. They might not have heard about Underdog and the rest of the competition that follows immediately after.
In our Underdog reviews, we’ll try to convince you why their platform deserves to be noticed as well. We’ll talk about what makes them different from the rest so you can better compare the strengths and weaknesses of all the platforms you’re considering. We’ll go from bonus offers to licenses and answer the main question: “is Underdog legit?”.
| Payment Provider | Deposit minimum/maximum | Withdrawal minimum/maximum | Deposit time | Withdrawal time | Safety | Approval rate |
|---|---|---|---|---|---|---|
![]() |
at least 10$ | at least 10$ | instant | 1 - 2 days | very_high_security | high |
![]() |
high_security | |||||
![]() |
at least 10$ | at least 10$ | instant | 1 - 3 days | high_security | |
![]() |
high_security | |||||
![]() |
high_security | |||||
![]() |
at least 10$ | at least 10$ | instant | 1 - 3 days | high_security | |
![]() |
very_high_security | |||||
![]() |
very_high_security |

In making our Underdog reviews, we were really surprised at how upfront the platform is about its promotions. The standout is a seriously eye-catching bonus for new signups: Play $5, Get $75 in Fantasy Bonus Entries. That’s right! All you have to do is to deposit $5, and you’ll instantly receive $75 to add to your gameplay.
Must be 18+ (19+ in AL, NE; 19+ in CO for some games; 21+ in AZ, MA, and VA) and present in a state where Underdog fantasy operates. Terms apply. Offer not valid in MD, MI, NJ, NY, OH, and PA. If you’re concerned about responsible play, call 1-800-MY-RESET or visit www.ncpgambling.org; NY: Call the 24/7 HOPEline at 1-877-8-HOPENY or Text HOPENY (467369).
Beyond the signup bonus, Underdog also has a referral bonus that rewards you when you bring a friend onto the platform. And if you’re wondering whether Underdog is safe, we’ll address that shortly, spoiler: it’s a legit, regulated fantasy sports platform.
Another exciting feature they offer is multiplier boosts. For example, if a Pick’em Boost multiplier for making five correct selections is 50x, and the regular return is 20x, you’ll get the remaining 30x as fantasy bonus entry—making your wins even sweeter.
With Underdog, design is as simple as it gets. Their website and app are probably among the most user-friendly daily fantasy sports platforms you’ll ever see. No unnecessary elements are floating around, and everything is contained in a minimalistic, clear, and inclusive layout.
Within a couple of clicks, you can enter a contest, pick your selections (higher/lower), and hop from market to market, including the NFL, NBA, MLB, and NHL. This ease of navigation lets you finalize your lineup in the smoothest way possible, which is why this section is a sure highlight in our Underdog reviews.
It’s also worth mentioning that because Underdog doesn’t dabble with sports betting and casino games, their platform is more condensed into a single point. You won’t get a soft sell to sign up for other products because what you see is what you get. It makes the whole platform more professional!
There are only a couple of payment methods you can use to deposit and withdraw money into and out of your account. These methods include:
We know this collection is a little underwhelming, but for a platform that only launched in 2020, it isn’t that bad. So, is Underdog safe in terms of payments? First of all, you have PayPal, already one of the most established and popular digital wallets in the business. Many daily fantasy sports platforms offer PayPal because it’s the go-to option for most people in the sports betting sphere.
Even though you’ve got a credit card option and an e-check, both methods with speedy transaction time, we would still love to see more options in the future. For now, their payments department isn’t really the best bit of our Underdog reviews.





Unlike other daily fantasy sports platforms that are seemingly avoiding contact, Underdog is just straight up putting itself out there. On their site, you can click on the “Help” button fixed at the bottom right corner of your screen to quickly reach their live chat support. They're not playing hide-and-seek, and that’s enough for us to call this section a highlight in our Underdog reviews.
Since they’re a relatively new platform eager to make a name for themselves, every customer (including you) is valuable. Expect to get a response within a short amount of time. If you’re unsure about something during your account creation, their customer support can help you every step of the way. You can also send them an email using the address written at the bottom of their homepage.
Underdog was founded by Jeremy Levine, Brandon Stakenborg, and Trevor John back in 2020 in Brooklyn, New York. You can see their whole team and their investors by clicking the “Team” link on their homepage. Prepare to be amazed as you’ll see a lot of big names in there.
Some of Underdog’s most notable investors include Mark Cuban, Kevin Durant, the Chainsmokers, Adam Schefter, Scott Blumstein, and more! If you’re still asking “is Underdog safe?”, perhaps looking at their terms and conditions should close the deal for you.
In there, there’s a paragraph that says arbitration should be initiated in New York, where the platform and its founders are based. Even though topics of licenses and regulations aren’t mentioned anywhere on the site, it’s implied that the platform has ties with the New York government.
Although we’ve covered the gist of their background here in our Underdog reviews, we still advise you to do your own research so that you can better understand why this isn’t all one giant Underdog scam.
One of the things we really like about Underdog is that they’re simply different when it comes to giving additional rewards. They’re pretty transparent about their incentives too, which has helped us put our Underdog reviews much easier.
While the platform doesn’t have a loyalty program, like the rest of the pack (including DraftKings and FanDuel), it does offer extra bonuses. One worth mentioning is the multiplier boosts and special projections bonus they’re offering to all customers, where Pick’em multiplier winnings will be awarded as Underdog fantasy bonus entries!
There’s a 1x rollover though, so you still have to get some work done before you can cash out.
Originally, Underdog only offered DFS pick'ems on American football. When they found success, however, they started expanding their markets immediately. Now, other than the NFL, you can pick players playing from the NBA, NHL, and MLB.
Looking for an alternative daily fantasy sports platform with the same set of leagues? We have another pick for you! Is ThriveFantasy legit? Discover them on our site today!
Prize pools differ depending on the contest you join. If you like tournaments with massive payouts for top finishers, they’ve got you covered. You can win as high as $1,000,000 if you’re worthy enough to beat all the competition and win their Best Ball Mania II tournament. You only need to spend $25 for entry!
If you don’t want huge tournaments like this, you can try smaller ones with a much more affordable entry fee. For example, you can join their Puppy tournament with as little as $5 and still have a decent chance at getting your fair share of the $100,000 prize pool.
You can follow Underdog through various social media platforms including Twitter, YouTube, Facebook, Instagram, LinkedIn, and Discord. This section is a special part of our Underdog reviews for a different reason though: they have the Underdog Network, which is their sports news coverage. We highly suggest that you frequently drop by here and gain some valuable insights coming from the site itself.
What makes Underdog stand out is that, unlike most daily fantasy sports platforms, they focus heavily on Best Ball contests. This has allowed them to make this particular format more interesting and profitable than ever. We’re even willing to call Underdog the leader when it comes to the Best Ball game style.
Lastly, we didn’t talk about Underdog eSports because, right now, they don’t really have markets for competitive video games. We’ve got hundreds of eSports betting sites reviewed on our site. We favor that you check them out!
At the time of writing, there’s no Underdog eSports on the platform. You’re pretty much limited to sports leagues like the NFL, NBA, NHL, and MLB most of the time. We do think that the platform has dabbled with competitive video games before because we could see an Underdog eSports category on one of their pages, along with golf. Maybe it’s only a matter of time before the eSports markets come back.
If you’re a true eSports fan, then ThriveFantasy eSports should be right up your alley! They have CS:GO, Dota 2, League of Legends, and Valorant!
Yes! Underdog now has an exciting signup offer: Play $5, Get $75 in Fantasy Bonus Entries. That means with just a $5 entry, you’ll unlock a huge $75 boost to kickstart your gameplay.
On top of this welcome offer, Underdog still rewards players with extras like a referral bonus (bring a friend and you’ll both benefit), multiplier boosts that can supercharge your Pick’em payouts, and even a money-back offer on certain plays.
Looking for more promotions? We have another one for you. Is DraftKings legit? Learn why they’re at the top of their game on our site!
Yes, Underdog is a legit daily fantasy sports platform with over 60,000 active users. It was founded in Brooklyn, New York in 2020 by Brandon Stakenborg, Trevor John, and Jeremy Levine, founder of 2 other daily fantasy sports platforms (StarStreet and DRAFT) that were eventually bought by DraftKings and Paddy Power Betfair, respectively.
Another legit daily fantasy sports platform is FanDuel. We know you’ve probably heard about them before, but is FanDuel safe? Visit our reviews and we’ll fill you in on the details!
We think Underdog is well on their way to becoming a leader in the daily fantasy sports niche. They’ve got amazing promotions that you won’t normally find on other sites, and their platform really stands out from the rest of the competition. We like that they’re very transparent about things as well. They don’t leave new customers in the dark, and we couldn’t stress that enough in our Underdog reviews.
As for their actual markets, we notice that they’re pretty diverse, offering Daily Snake Draft, Battle Royales, Pick’em, and, most importantly, Best Ball contests. This already assures that customers can always try different things on the platform and that there’s more than one way to make money.
Big prize draws with Underdog, which is always exciting. The site is easy to use and looks great also. Good job fellas!
The app for Underdog is greart, and well worth a download. Easy to use and keeps things super handy when your not at home!
Looks wise, the site is great. Which for me is actually quite important.
Good prize draws too!
So far so good with Underdog. Good fun site to use, and really engaging!
The weekly giveaway brings a wow moment. When I got my $5000 giveaway, I was so happy.