Underdog Predict Promo Code February 2026

Underdog Promo Code Details

Cole Rush Gaming Specialist

Underdog Promos in February 2026

Currently, Underdog doesn’t list any prediction-specific promotions, which is disappointing compared to Kalshi, who have a wide range of promotions. Most of its promotional efforts seem focused on the fantasy experience. However, there is a special perk you can enjoy with Underdog Predict and fantasy.

• Combos: Players can combine a prediction market contract and two or more fantasy picks. In a combo, most of your entry goes to the event contract, while 10% is allocated to the Fantasy pick.

Underdog Predict is still pretty new. We’ll keep an eye out for prediction-specific promotions in the app and update you with the latest info.

How do the Underdog Prediction Markets Work?

Underdog’s prediction markets are branded “Underdog Predict” within the larger app. They allow you to buy and sell contracts tied to specific outcomes. Here are the key tenets of how it all works.

• Yes/No Contracts: You select outcomes with a simple yes/no structure. For example, you could buy a “yes” contract for the Patriots to win their next game, and you’d win if they were successful.
• Pricing and Probability: The price of a contract reflects the outcome’s perceived probability. A contract priced at $0.67 means Underdog assigns a roughly 67% chance to that outcome. Prices are always between $0 and $1, and you can buy many at once if you choose.
• Payouts: Each contract you purchase will pay out $1 if successful. If you bought two $0.67 contracts (for a total of $1.34) on the Patriots and they won, you’d get $2.
• Changes and Selling: The price you pay at the time of your contract can change after the fact. While your value remains, the market can move based on new developments or public perception (think injuries, weather, roster changes, etc.). You can sell your contract early for a profit if available.
• Markets offered: Underdog is mainly focused on sports-related markets at the time of this review. You’ll find contracts on the NFL and NBA, among other sports. This puts it in the same realm as Polymarket and other sites, but it has far less variety than Kalshi.

Cole Rush

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12+ articles written for Casino.us

Underdog functions more like a financial exchange than a casino, with trading and contracts instead of bets. Prices can fluctuate, and the opportunity to sell contracts adds some new dynamics into the mix.

Underdog Predict App Review

Underdog is offered as a comprehensive app that includes Fantasy pick’em and Predict, where available. The inherent benefit here is that Underdog Predict is nestled within an existing app ecosystem with many polished design choices. The app has rave reviews (an average of 4.8/5 on the App Store) with plenty of praise for its user experience and one-stop-shop nature. This is considerably better than FanDuel, which only has a 3.0 rating.

Some of the Underdog app's headline features include live pricing updates, push notifications for your markets, and quick deposits and withdrawals. That said, prediction market users who want a single, dedicated app without any extra options may find Underdog’s app to be a bit crowded.

Is Underdog Predict and Prediction Markets Legal?

Prediction markets have come under legal scrutiny lately, so their future remains uncertain. However, CFTC-approved exchanges are permitted under federal law. The point of contention comes from various states that say sports-related outcomes (which Underdog Predict offers in spades) constitute illegal betting. Prediction market operators disagree, but those battles are ongoing.

For now, Underdog Predict is legal in a handful of states, while the following states restrict it: AZ, AR, CT, IL, LA, MD, MA, MI, NV, OH, NJ, and PA. If you live in a restricted state, you won’t even see the Underdog Predict option in your app.

Two different cases are Idaho and Maine, which allow prediction markets but prohibit fantasy sports. You can access Underdog Predict from those states.

Underdog Predict Alternatives

Underdog is a great choice for new prediction market fans, especially if you already enjoy the site’s fantasy offerings. However, it’s far from the only option available. You can find many alternative options on the market that offer far more than just sports outcomes, and Polymarket, which offers an actual welcome bonus that Underdog doesn’t.

Underdog Predict Banking and Payment Methods

Underdog offers a standard number of payment methods. Debit cards and online banking via Trustly are available, but Apple Pay is only available with a connected debit card. Credit cards cannot be used to deposit for Underdog Predict, so Apple Pay effectively works like a debit card.

One odd note: the minimum withdrawal is $10, but there’s a catch. If your balance is below $10, you can withdraw the remaining amount.

Underdog Predict Promo Code Terms and Conditions

Underdog Predict doesn’t have a welcome bonus; however, you can bet $5 and get a $75 bonus for fantasy contests only with 1x wagering. You should still note a few high-level terms for Underdog as a broader platform.

1. Location: You can only use Underdog Predict if you are in an eligible state. This excludes AZ, AR, CT, IL, LA, MD, MA, MI, NV, OH, NJ, and PA. Remember that Underdog Fantasy is more widely available, but it is not the actual prediction markets platform.
2. Age: You must be 18 or older to participate, with some states setting the age at 19 or 21. Know your state’s age of majority before you sign up.
3. Verification: You will need to provide details on sign-up that confirm your age and identity. This is required.
4. Fantasy promos are separate: if you see promos for Underdog Fantasy, know that those cannot be used for Underdog Predict.

Underdog Predict Customer Support

Underdog has two customer service channels: live chat and email. Live chat opens with an AI chatbot. We don’t say this often, but the chatbot was genuinely helpful and had amazing responses to our questions. We chatted with it to confirm many details, and it was always clear, concise, and detailed in its responses. It provided information on withdrawal minimums, processing times, and platform availability.

As soon as you feel like the bot doesn’t have anything else to help you with, you can chat with a human. We were connected immediately and received a response in 2 minutes.

Finally, a note of appreciation for the Underdog FAQ. It is short and sweet, but it covers all the main things a new player might ask, including how contract pricing works, which payment methods are allowed, and where the product is available.

Underdog Predict Promo Review Summary

Underdog Predict is a solid platform overall, but it completely lacks a welcome bonus. This already puts it on the back foot compared to brands like Kalshi or Polymarket, which both provide incentives for new users.

Still, there are plenty of reasons to recommend Underdog Predict. First, it’s already embedded in the Underdog Sports app, which is primarily geared toward fantasy pick’em players. If you’re invested in that platform, Predict will slot neatly into your existing routine. Second, the app is super streamlined and user-friendly. Third, Underdog Predict offers more markets than some competitors, like Polymarket.

So even if you’re disappointed in the lack of a welcome bonus, you can still find plenty to enjoy about Underdog Predict.