Underdog Promo Code – $1K First Bet Mulligan July 2025

Nick Makowitz Sports Betting Expert

6 minute read

Underdog Fantasy, led by prominent fantasy sports entrepreneur Jeremy Levine, has decided to branch out from its fantasy sports nest as Underdog Sports is live in NC. It won’t stray too far, but the company is already starting to compete with the titans of the sportsbook industry.

Levine, Underdog’s co-founder, has dealt with these titans of the industry before as his previous two daily fantasy sites ended up a part of DraftKings and Fanduel respectively. In fall of 2021, Underdog announced its acquisition of Goat Gaming, a firm that will provide all of the backend technology for Levine’s third site’s eventual sportsbook launch.

The first state to get Underdog Sportsbook platform access was North Carolina on March 11, 2024. We hope to have an Underdog North Carolina promo code in the near future.

CONTENTS

• Underdog Sportsbook Promo Code
• How To Sign Up With Underdog
• Underdog Sportsbook Pros & Cons
• Underdog Sportsbook Mobile App
• Is Underdog Sportsbook Safe?
• Underdog Sportsbook Leagues
• Underdog Sportsbook Payment Options
• Underdog Sportsbook Customer Service
• Underdog Sportsbook FAQ
• Our Underdog Sportsbook Conclusion

Underdog Sportsbook Promo Code: How to claim the welcome bonus

Underdog Fantasy was founded in 2020 and raised money through a group of highly recognizable investors, including Kevin Durant, Mark Cuban, Adam Schefter, and more. What separates Underdog from every other DFS site is its focus on Best Ball and Pick ‘Em contests as opposed to salary cap contests.

In an NFL Best Ball contest, users draft a team, and their highest-scoring players are automatically set into their lineup each week. It’s perfect for fantasy players who struggle with start-sit decisions and it’s a great low-maintenance option for those who are in a lot of different leagues.

Pick ‘em contests are a fan favorite and offer participants a taste of sports betting to go along with their fantasy sports appetite. In an NFL pick ‘em contest, users can go head-to-head and make predictions on yardage totals, touchdown totals, and more. They can also do “rivals” pick ‘em contests where they bet on one player outperforming another player.

Underdog’s pick ‘em contests are essentially the bridge between their fantasy sports prowess and their soon-to-be sports betting expertise.

UNDERDOG PROMO CODE

Currently, users can sign up for a $1,000 First Bet Mulligan offer. No Underdog North Carolina promo code is needed at this time.

Simply, when the users places an eligible bet of up to $1K, Underdog Sportsbook will refund that bet in the form of site credits if it loses.

Must be 21+ and present in North Carolina. Full T&C apply. Gambling problem? Call 877-718-5543 or visit morethanagame.nc.gov

PROMO CODE

While there is no promo code currently needed for the Underdog Sportsbook bonus, there is a promo code available for Underdog Fantasy. The sportsbook promo code will likely differ to some degree, but the fantasy promo code could provide some insight regarding what to expect.

Use our Underdog Fantasy promo code VIBONUS to Get up to $1000 Bonus Cash On Your First Deposit!

Deposit matches are extremely common for new sportsbooks as well, so it’s likely there will be a similar, if not better, offer when Underdog Sportsbook launches.

WELCOME OFFER DETAILS

Underdog’s current welcome offer is tied to its DFS offer: Get up to $1000 Bonus Cash On Your First Deposit!

As the Underdog Sportsbook expands, we will keep you up to date on any additional welcome offers or promo codes.

HOW TO SIGN UP WITH UNDERDOG

Users can simply get the Underdog Sports app in North Carolina, where the sportsbook is live.

1. Download the Underdog Sports app via the App Store or Play Store
2. Click the “Sign-up” button on the homepage
3. Create a username and password and enter your personal information including name, email, and date of birth
4. Use promo codes if needed
5. Finish sign-up by entering a deposit amount and clicking “Deposit”

UNDERDOG PROS AND CONS

PROS:

• Unique contests such as Best Ball and Pick ‘Em that stray from the typical salary-based fantasy contests
• Pick ‘Em contests allow users to get a sports betting feel before Underdog Sportsbook goes live
• Smooth interface

CONS:

• Limited promotional offers
• No live chat service

UNDERDOG MOBILE APP REVIEW

The Underdog Fantasy mobile app is easy to use and an overall great app. There are tabs for snake drafts and pick ‘em contests, and users have the option to view all of their active and completed contests. The interface is smooth and fast, and there are rarely any glitches, lags, or crashes.

The selection of sports is displayed across the top of the screen, and once users navigate to their desired contest-league combination, it’s easy to scroll through and make selections.

The only qualm with the Underdog app is that there is no live chat service for customer support. There is only an option to email, which is a slower and potentially more frustrating solution for users.

IS UNDERDOG SAFE?

All indications across thousands of App Store and Play Store reviews point to Underdog being very safe to use.

WHERE WILL UNDERDOG SPORTSBOOK LAUNCH FIRST?

Underdog Sportsbook is live in North Carolina as the Tar Heel State has sports betting!

Thanks to a partnership with McConnell Golf (tied to the PGA’s annual Wyndham Championship), Underdog Sports is now on the rise in North Carolina.

Stay tuned for more info on North Carolina Sportsbooks!

UNDERDOG LEAGUES AND MARKETS

LEAGUES

Underdog Fantasy covers all of the major US sports leagues and expands into some less popular leagues such as e-sports, golf, and boxing. Fans of Underdog Sports know that the sportsbook has similar offerings. While it may not make sense for Underdog to offer fantasy contests for international leagues, there are plenty of suitors for sports betting on international leagues.

UNDERDOG SPORTS MARKETS

• Moneyline, point spreads, and totals (over/under)
• Player props (e.g., individual stats like points, assists, rebounds)
• Parlays: includes both multi-game parlays and same‑game parlays
• Live/in‑game betting: available across sports
• Futures markets: implied availability, especially for major leagues

PAYMENT OPTIONS

Payment options currently include:

UNDERDOG SPORTS DEPOSIT METHODS

• Visa (credit/debit) – accepted, with at least a $10 minimum and instant processing
• Mastercard – accepted, but note some sources differ whether it's always accepted consistently; typically instant
• PayPal – accepted with instant deposits, $10 minimum
• Apple Pay – available for iOS users, instant and $10 minimum
• Trustly (bank transfer) – ideal for users with major banks (Chase, BofA, Wells Fargo), instant for deposits, requires a $10 minimum
  

UNDERDOG SPORTS WITHDRAWAL METHODS

• PayPal – available with a $10 minimum; typically processed in 1–2 days
• Visa/Mastercard – deposits only; withdrawals are not supported by direct card refund
• Interchecks (e‑check / physical check / direct deposit) – available for withdrawals, processed in 1–5 days with a $10 minimum
• Trustly bank transfers – some references mention bank transfer withdrawals taking 1–2 days via Trustly

CUSTOMER SERVICE

Relative to the industry leaders, Underdog’s customer service leaves something to be desired. Without a live chat service, users are forced to wait for an email response which can be quick, but it’s a far cry from the immediacy of live chatting.

UNDERDOG FAQ

HOW LONG HAS UNDERDOG SPORTS BEEN AVAILABLE?

Underdog Sportsbook is in North Carolina! It launched in the spring of 2024.

WILL UNDERDOG SPORTSBOOK OFFER ANYTHING BESIDES TRADITIONAL FANTASY AND SPORTS BETTING?

That’s the plan. Co-founder Jeremy Levine has expressed his desire to have fantasy sports, sports betting, and sports-betting-adjacent products all in one place. That would include things like March Madness brackets, Super Bowl squares, Survivor pools, and more.

He’s also expressed interest in an immersive sportsbook experience, which could involve virtual and augmented reality.

FINAL THOUGHTS ON UNDERDOG

If Underdog Sportsbook builds on the innovation and creativity of Underdog Fantasy, it will continue to be a really unique and great product. The leadership team has already proven they can operate a highly successful fantasy sports business, and the team of high-profile investors should place the company in the public eye.

With so much attention and such a strong desire to innovate, however, Underdog has to find a balance. Innovation is great, but going too far too fast could repel customers who want to keep it simple.

Overall, Underdog Fantasy is a great product and users are excited to continue using the Underdog Sportsbook. We’ll be sure to relay any updates on the latest and greatest Underdog Sportsbook news.

Other great sportsbooks where you can find a live promotion:

bet365 Bonus Code | DraftKings Promo Code | FanDuel Promo Code | BetRivers Promo Code | Caesars Promo Code

Nick Makowitz

In his spare time, Nick likes digging into NFL and NCAAB betting data, going to breweries with friends, and trying out any and every Mexican restaurant in Pittsburgh. More from Nick Makowitz