With Team Picks, users can trade real-time market contracts on NFL game outcomes — such as who will win or cover — with prices shifting dynamically as information and game progress unfold.
Underdog Predict Promo Code Review: Get $50 in Bonuses
Play $5, Get $50
Deposit Methods
Why Use Underdog Predicts?
Pros
- Allows Underdog players to make picks on sports teams.
- Available in 27 states.
- Ideal for players interested only in sports predictions.
Play $5, Get $50
Play $5, Get $50
Underdog has already built a strong reputation in daily fantasy sports, and now the company is stepping into a new kind of sports gaming experience: tradeable event contracts.
This new product, known as Underdog Predict, gives players a different way to engage with sports outcomes. Instead of placing a traditional bet or building a fantasy lineup, users can buy and sell Yes/No contracts tied to real game events, player performances, or season-long futures.
Underdog Predict is powered through a partnership with Crypto.com | Derivatives North America (CDNA). CDNA provides the underlying event contracts, while Underdog delivers them inside its familiar mobile app experience. CDNA is regulated by the Commodity Futures Trading Commission (CFTC), which theoretically allows the platform to operate nationwide, including in states where sports betting is not legal.
At launch, Underdog Predict is currently live in 27 states.
So what does it feel like to actually use Underdog Predict, and what should players know before jumping in? Let’s walk through the experience.
Underdog Team Picks promo code & welcome bonus
One of the first things new users ask is whether Underdog Predict comes with a sign-up bonus.
Because Underdog’s fantasy contests and prediction-style products all live inside the same app, the welcome offer ties directly into the fantasy side of the platform.
Underdog Predict Promo Code: PLAYUSAPM
New users can sign up with promo code PLAYUSAPM and unlock the following offer:
- Play $5 in Fantasy Entries, Get $50 in Fantasy Bonus Entries
This bonus applies to Underdog’s Fantasy ecosystem, including Team Picks, which is the format Underdog emphasizes most heavily in its prediction-style experience.
Since Predict and Fantasy share the same platform, it’s a seamless way for players to explore the app’s newer contract-style markets while still benefiting from Underdog’s core entry bonuses.
Underdog Predict is a registered FCM offering event contracts. Trades may be placed on CDNA, a registered DCM, powered by UDM Services, LLC. Trading involves significant risk and is not appropriate for all. Must be a U.S. resident. Terms apply: underdogpredict.com. Content is promotional and is not a recommendation to trade
What is Underdog Predict?
Underdog Predict is Underdog’s entry into sports-based prediction markets, and it may appear under the name Team Picks in states where the product is available.
The concept is simple: players can trade contracts based on future sports outcomes, such as:
- Will Team X beat Team Y?
- Will a player score 20+ points?
- Will a team make the playoffs?
Instead of betting against a sportsbook, you’re participating in a market where each outcome is represented by a contract priced between $0.01 and $0.99.
If a contract is priced at $0.75, that reflects a 75% implied probability.
Players choose Yes or No, buy positions, and can potentially sell those positions later if the market shifts.
What Does an Event Contract Look Like in the App?
Underdog event contracts are presented as straightforward questions, making them approachable even for users new to prediction markets.
- For example: “Will Seattle win Super Bowl 2026?”
You pick Yes or No, then decide how much you want to invest at the current contract price.
This structure makes Underdog Predict feel less like betting and more like trading a sports opinion in real time.
Real-Time Pricing: The Trading Element Players Notice Most
One of the biggest differences between Underdog Predict and online sportsbooks is that pricing is dynamic.
Contract prices move throughout the day based on market activity, breaking news, injuries, and overall demand.
That creates opportunities for players to:
-
Buy low when prices drop
-
Sell high before an event ends
-
Exit early to limit losses
It’s a format that rewards users who stay plugged into sports news and like a more interactive style of play.
How Contracts Settle (Win or Lose)
When an event ends, contracts settle in a simple way:
-
Winning contracts settle at $1
-
Losing contracts settle at $0
Profit is calculated as:
- ($1 – purchase price) × number of contracts
Because losing positions become worthless, players should approach markets carefully and manage risk responsibly.
Who Is Underdog Predict Best For?
Underdog Predict is built for sports fans who want something more flexible than static parlays or traditional betting lines.
It’s especially appealing for:
- DFS players already using Underdog
- Sports bettors curious about market-style trading
- Fans who enjoy reacting to live news and shifting odds
Users must be at least 18+ (or 19/21 depending on the state). Players who want to trade on events outside of sports would be better suited at Kalshi or Fanatics Markets.
How to get started on Underdog Predict (accounts, deposits, trading)
Underdog Predict is accessed directly through the Underdog Sports app.
1
Create and verify an Underdog account
Users register with basic information, including name, address, phone number, and SSN for verification.
2
Make a deposit.
Underdog supports a wide range of funding options:
- Debit cards (Visa, MasterCard, AmEx, Discover)
- PayPal and Venmo
- Apple Pay and Google Pay
- Direct bank transfer via Trustly
3
Buy contracts.
Once inside the market, players choose an outcome, enter an amount, and confirm the trade.
4
Sell early or hold.
Positions can be sold before settlement, allowing users to lock in profits or cut losses.
5
Withdrawals
Withdrawals are available via debit card, PayPal, and online banking, starting at $10. Processing can take one to five days.
What you can predict on at Underdog (sports-only markets)
Underdog Predict focuses exclusively on sports events. Its event markets are based on various popular North American sports and leagues, including:
NFL
NBA
Basketball fans can express and trade their views on NBA game results and team performance outcomes, reacting to in-game developments with market-driven pricing rather than fixed odds.
NHL
Hockey prediction markets let users take positions on NHL game results and other team-level outcomes, bringing a market pricing element to puck-line and win/lose predictions.
MLB
For baseball, Underdog’s market contracts enable fans to predict and trade on team victories and game results in a flexible trading environment where prices reflect crowd sentiment.
College Football
Users can engage with prediction markets on college football matchups, buying and selling contracts on outcomes across major games, tapping into dynamic pricing that updates through the event.
College Basketball
While less prominent than pro sports, Underdog’s prediction offerings cover college basketball outcomes too, allowing fans to trade on game results with market-based probabilities rather than static lines.
You can also find a few events based on other major American and international sports like soccer, MMA, golf, and boxing. The events can cover a wide range of scenarios and outcomes, such as:
- Game outcomes
- Playoff advancement
- Seasonal outcomes
- Player statistics
Notably, other prediction markets like Kalshi and Polymarket cover a wider range of events. Standard categories, besides sports, include politics, technology, entertainment, financials, economics, the weather, and more. However, Underdog Predict focuses solely on sports events, which aligns with its core business model, seeing as it is one of the biggest fantasy and sports betting platforms in the U.S.
Pros of using Underdog prediction markets
There are many advantages to using Underdog Predict, most notably:
Pros when choosing an online casino
- Everything is built around sports outcomes, making it cleaner than broader prediction platforms.
- Players can enter and exit positions like an exchange rather than being locked into final bets.
- CDNA provides the regulated contract structure behind the scenes.
- Underdog’s app design is polished, familiar, and easy for DFS users to navigate.
- All trading is done in USD, lowering the learning curve compared to crypto-based markets.
Cons to look out for
- Underdog Predict may confuse some users looking for a standalone prediction app. These picks are embedded in Underdog's fantasy platform.
- Underdog Predict will not be a great fit if you want to make predictions on culture, crypto, or the weather.
Kalshi vs. Underdog prediction markets
Kalshi was one of the first CFTC-regulated prediction markets and offers categories beyond sports, including politics, economics, and weather.
Underdog Predict is different because it stays almost entirely sports-centric, making it a strong alternative for fans who want a dedicated sports experience.
Frequently Asked Questions (FAQs)
Underdog is generally legal in the U.S. because of its partnership with CDNA, which is regulated by the CFTC. Right now, Underdog Team Picks is live in the following states:
- Alabama, Alaska, Arkansas, California, Georgia, Minnesota, Nebraska, New Mexico, North Dakota, Oklahoma, Rhode Island, South Carolina, South Dakota, Texas, Utah, and Wisconsin.
Yes, the Underdog Predict promo code PLAYUSAPM is what unlocks $75 in bonuses for new players.
This kind of sign-up bonus puts Underdog Predits ahead of some other prediction apps right now. For instance, FanDuel Predicts has yet to institute a proper welcome offer.
No, Underdog doesn’t require you to use cryptocurrency, unlike Polymarket. Notably, all trades and transactions are denominated in USD. You can use various payment methods for deposits and withdrawals, including credit/debit cards, e-wallets, mobile payments, and online banking.
Underdog Pick’em involves fantasy sports, whereby bettors form their own teams from real-life players and then earn points based on those players’ real-life performance. In contrast, Underdog Predict is a prediction market where users buy contracts based on future sports events.
Yes, Underdog Predict allows users to exit their positions early before events conclude. This is convenient when prices start falling, as you can limit your losses. You can also use the option to lock in your profits if prices start rising, especially if you are unsure about the outcome.
Yes, it is possible to lose all the money you invest in a contract if the outcome is contrary to what you predicted. Losing contracts don’t pay anything, meaning that you lose it all.
Final Verdict: Is Underdog Predict Worth Trying?
Underdog Predict delivers a fresh way for sports fans to engage with outcomes through real-time, tradeable contracts.
It plays more like a sports exchange than a sportsbook, and the ability to buy, sell, and exit positions early makes it especially appealing to players who want something more dynamic than parlays or props.
The USD-based onboarding, integrated mobile platform, and familiar Underdog design make it one of the easiest entry points into prediction markets today.
For sports-first users who enjoy strategy, timing, and market movement, Underdog Predict is absolutely worth exploring.
Underdog Predict is a registered FCM offering event contracts. Trades may be placed on CDNA, a registered DCM, powered by UDM Services, LLC. Trading involves significant risk and is not appropriate for all. Must be a U.S. resident. Terms apply: underdogpredict.com. Content is promotional and is not a recommendation to trade
