Underdog Fantasy Promo Code: Grab Your June Bonus

Lewis Mould

Sports Writer

Fact checked by: Lewis Mould

Last Updated on 2025-05-14

Lewis is passionate about sports betting, specializing in tips and strategies that help readers stay ahead of the game.

Table of Content

Underdog Fantasy welcome promo code – Make your first deposit count
How the Underdog Fantasy welcome bonus works
Top tips for using the Underdog Fantasy bonus
Other Underdog Fantasy bonuses
Underdog Fantasy legal states
Pros and cons of using Underdog Fantasy promo deals
Conclusion – Use the Underdog Fantasy promo code
Underdog Fantasy promo code FAQ

Play your favorite fantasy sports anytime, anywhere

Refer a friend and earn bonus funds

As one of the best daily fantasy sports sites, Underdog Fantasy pays special attention to its welcome bonus. I was impressed by its simple structure and value.

One of the most important things you should remember about it is the Underdog Fantasy promo code used when you deposit for the first time. You can see the latest promo code on the Underdog Fantasy website.

Basically, you’re looking at a welcome bonus offering up to $1,000 to first-depositing users. The precise value depends on the size of your first deposit. This deposit bonus is easy to claim and includes fair requirements. Check my overview below to learn what it brings.

This 50% deposit match bonus of up to $1,000 is applied to your first deposit.
You can use it on any Underdog Fantasy contest, including Best Ball, Pick’em, and Battle Royale/Daily Drafts.

This is an ongoing promotion that is available to all Underdog Fantasy users. The wagering requirement of 1x tied to this offer is more than reasonable. So, if you deposit $100, you’ll receive $50 in bonus cash, which will give you $150 in contest entries.

On top of that, you have 14 days to complete the requirements. Another thing I like about this deal is that you can deposit as little as $10 and still benefit from it.

Overall, Underdog Fantasy has one of the best welcome offers on the market.

How the Underdog Fantasy welcome bonus works

Not all welcome bonuses at daily fantasy sports platforms have promo codes. For instance, there’s no Vivid Picks promo code. However, Underdog Fantasy decided to include a promo code in this offer. You can use one of our links to visit the Underdog Fantasy website – the latest promo code will be displayed on their home screen. Use it to take advantage of the signup deal.

Below, I’ll share a few tips and facts to help you determine whether you can use this bonus and how to use it.

Eligibility. Only US bettors who are 18+ (19+ in Alabama and Nebraska and 21+ in Arizona and Massachusetts) can claim this welcome bonus. Additionally, the Pick’em contests are restricted in some states. Our in-depth Underdog Fantasy review covers these things in detail.
Sign up at Underdog Fantasy. Use one of our links to visit the Underdog official Underdog Fantasy site. After that, use the black ‘Sign Up’ button, provide the requested information, enter the promo code and register.
Place a minimum deposit. As noted, you must deposit at least $10 to claim the welcome bonus. The platform processes all deposits within seconds.
Receive the bonus. Your bonus will be transferred automatically. The bonus is credited to your account within 72 hours.
Use the bonus. The platform applies the bonus cash to contest entry fees before you deposit funds. You can use it in any contest and sport.
Meet the wagering requirements. You have 14 days to meet the wagering requirement of only 1x.

Top tips for using the Underdog Fantasy bonus

The Underdog Fantasy promo can help you boost your balance right from the beginning. This will extend your playtime, too. However, you should follow these tips to achieve this goal and unlock its potential.

Consider your budget on your first deposit 💰

The Underdog Fantasy offer for new bettors will help you get a solid 50% matched deposit bonus of up to $1,000 when you top up your account for the first time. So, if you make a $10 deposit, you’ll receive $5 in bonus cash; if you make a $2,000 deposit, you’ll receive $1,000 in bonus cash.

Don’t let the sheer numbers cloud your judgment about how much you should deposit. Consider your budget and choose a deposit amount you’re comfortable wagering. Also, remember that there are state-specific deposit limits, like $1,000 in Massachusetts.

Use a valid promo code at signup 🏷️

This welcome bonus requires an Underdog Fantasy code, which you will find on their website. Our platform might highlight another code with different terms in the future.

If you accidentally skip on using the promo code, the offer could be forfeited. Pay special attention when signing up via the Underdog Fantasy app because missing the promo code box is not uncommon.

Meet the wagering requirements efficiently 📊

Even though the 1x wagering requirement isn’t high, you should prepare a strategy to meet them efficiently. This requirement means the combined deposit and bonus amount must be wagered once.

Users should track their entries to ensure they meet the requirements before the deadline. Also, you shouldn’t let the bonus expire. It lasts 14 days, but you should set a reminder after a week to check progress.

Research player statistics for Pick’em contests 📈

Pick’em contests are among the most popular options among Underdog Fantasy bettors. With their help, you get a chance to bet on whether players will go over or under specific statistical lines like rebounds or passing yards, for example.

I advise using free resources like Underdog’s stat projections to analyze specific player trends, recent performance, and matchups. It’s best to stick to consistent performers or favorable matchups. Also, it’s wise to stay away from volatile stats like touchdowns unless you create a high-risk, high-reward parlay.

Start with small contests to learn the platform 🥇

Last but not least, you should focus on small contests like Best Ball and Pick’em. These Underdog Fantasy contests have unique formats that may be unfamiliar to new bettors. Testing with smaller entries helps you discover their potential without burning through your bonus.

Many new users prefer low-stakes contests with $3 to $10 entries for Best Ball drafting and Pick’em parlay building. Since the bonus works across all sports, it’s best to experiment with different options and leagues, including the NFL, NBA, MLB, and NHL. Another good tip is to use the platform’s tutorials and community forums to discover strategies that suit your gaming style.

Other Underdog Fantasy bonuses

Follow your scores as they happen

Check out the pick'em promos

Underdog Fantasy wouldn’t enjoy the same level of popularity if it weren’t for its bonuses for regular bettors. So, daily fantasy betting fans can take advantage of a wide range of promotions on this platform. I’ll list the most essential Underdog Fantasy bonuses, besides the welcome bonus, below:

Play Pick’em, Get Cashback. A percentage of the Pick’em entry fees is returned to eligible users during promo periods. They can expect these returns in Bonus Funds. For instance, they can expect a 5% NBA Playoffs Playback Program offer.
Free pick promotion. With the help of this promo, customers can place a free entry into a Champions contest worth $1. These are not paid entries.
Pick’em rescues. Whenever a player plays in the first half of the match but doesn’t return in the second half, your entry will be refunded regardless of the reason. Remember to choose ‘high’ on the player’s selection to get an opportunity like this.
Supercharge. With the supercharge promo, you can apply a Boost to eligible Champions and Pick’em entries only after submitting the entry.
Refer-a-friend. Another excellent Underdog Fantasy promo is the refer-a-friend promotion. It lets Underdog Fantasy bettors get bonus funds by referring new users through their unique link. New users must deposit at least $10.
Thursday 30%. Regular users should mark Thursday in their calendars. Underdog Fantasy lets you apply a Thursday 30 Token to qualifying entries to boost your winnings by 30%.

The list of bonuses and promotions for existing users at Underdog Fantasy is pretty impressive. However, experienced bettors will probably notice the absence of a loyalty program. There’s no information on whether a tiered program might appear on this platform in the future.

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3.8/5

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T&Cs apply, 18+

Underdog Fantasy legal states

You must meet two basic requirements to claim and use any of the bonuses I mentioned in this guide. First, you must be at least 18 or the minimum age in your state of residence, which may be 19 or 21 in some cases. Second, you must come from a state where Underdog Fantasy is available.

Daily fantasy sports platforms are legal in 45 states, but Underdog Fantasy is available in 41 states. You cannot join this site if you reside in any of the following states:

Washington
Idaho
Montana
Nevada
Iowa
New York
Connecticut
Maine
Louisiana

I should also note that only specific competitions are available in some states. For instance, you can play Drafts only in New Jersey, Maryland, and other states. On the other hand, users in Kentucky, Tennessee, and a few other states can enjoy Pick ‘Em Champions and nothing else.

You can find the details about the specific offers on Underdog Fantasy’s homepage.

Underdog Fantasy’s promotions, like its generous welcome bonus, have plenty of perks, but there’s room for improvement. Below, I’ll break down the strengths and drawbacks to help you see if this daily fantasy betting site is your perfect fit.

Pros

Attractive welcome bonus (50% up to $1,000)
Various bonuses and promotions for existing users
Fair wagering requirements of 1x

Cons

A no deposit bonus is not available

Underdog Fantasy, one of the most popular daily fantasy sports platforms, owes much of its appeal to its welcome bonus. The opportunity to claim a 50% matched deposit bonus of up to $1,000 on your first deposit is something that every daily fantasy player should consider. If you’re interested in this deal, don’t forget to use the Underdog Fantasy promo code to unlock the offer.

In addition to the welcome bonus, this platform offers a wide range of promotions for regular bettors, including a referral bonus and free pick promo. What all promos at Underdog Fantasy have in common is the reasonable terms.

So, if you like to play daily fantasy sports and enjoy fun bonuses, Underdog Fantasy is definitely worth a shot.

📢 What is the latest Underdog Fantasy promo code?

Bettors who use the relevant bonus code during their registration at Underdog Fantasy can claim a 50% matched deposit bonus of up to $1,000 on their first deposit. You’ll find the promo code on the Underdog Fantasy website.

👨‍💻 How do I use the Underdog Fantasy promo code?

Using the Underdog Fantasy promo code involves a few simple steps. First, you must use one of the links on this page to visit Underdog Fantasy and start the registration. Second, enter the Underdog Fantasy promo code in the signup screen. Finally, make a deposit for the first time and enjoy your bonus.

🎁 Are there any bonuses for regular users at Underdog Fantasy?

Absolutely. The welcome bonus at Underdog Fantasy is just one of the many promotions you can expect from this popular daily fantasy sports website. Existing users can use bonuses like Thursday 30%, refer-a-friend, supercharge, cashback deals, free picks, and more.

💵 Are my bonus winnings at Underdog Fantasy withdrawable?

Yes. Bettors can withdraw their winnings from contests entered with the help of Underdog Fantasy bonuses. However, they must meet the specific conditions first. For example, they must meet the minimum withdrawal threshold of $10. In addition, you must complete the 1x wagering requirement within 14 days.

💎 Does Underdog Fantasy have a loyalty/VIP program?

No. There’s no Underdog Fantasy loyalty or VIP program or any loyalty scheme at Underdog Fantasy. If a program like this is introduced on this platform, we’ll let you know by updating this page.

Underdog Fantasy Bonus Offers & Promo Codes for 2025

Underdog Fantasy welcome promo code – Make your first deposit count