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Underdog promo code and prediction markets review: CBSSPORTS2 for Play $5, Get $50 Bonus Entries
The Underdog app now includes Prediction Picks after adding sports prediction markets, and with the latest Underdog promo code CBSSPORTS2, eligible new users can play $5 and get $50 in bonus entries for fantasy sports picks on the app. Read on for our in-depth review of Underdog Prediction Picks and where you can use the $50 bonus in the Underdog app. Claim the latest Underdog promo code here and register with the Underdog bonus code CBSSPORTS2.
The bonus offer on Underdog must include fantasy picks, which now appear alongside Underdog Predict (also known as Underdog Prediction Picks or Team Picks). Eligible new users can use the Underdog promo code CBSSPORTS2 to play $5+ and unlock $50 in bonus entries for fantasy contests or combos with at least 2 player picks and 1 team pick in the Underdog app.
AL, AK, AR, CA, CT, DC, DE, FL, GA, HI, ID, IL, IN, IA, KS, LA, ME, MN, MO, MT, NE, NH, NY, NM, NC, ND, OK, OR, RI, SC, SD, TX, UT, VT, VA, WA, WV, WI, WY
AL, AK, AZ, AR, CA, CO, DC, DE, FL, GA, IL, IN, KS, KY, MA, MN, MS, MO, NE, NH, NM, NC, ND, OK, OR, RI, SC, SD, TN, TX, UT, VT, VA, WV, WI, WY
Must be physically located in a state where Underdog operates.
18 years or older and have a legal, U.S. residential address within a state where Underdog operates. (19+ in AL, NE; 19+ in CO for some games; 21+ in AZ, MA & VA)
*Underdog unavailable in NV, AB, ON and US territories. Ineligible locations to qualify may include CT, HI, ID, IA, LA, ME, MD, MI, NV, NJ, NY, OH, PA & WA.
Remember, the Underdog app includes several products within it. So you can sign up with code CBSSPORTS2, but that code is not for an Underdog Predict/prediction picks-only bonus. You can still participate in prediction markets on Underdog if in a state where it is available, but this welcome bonus can only be claimed and redeemed by making a qualifying fantasy pick-em play. Drafts do not qualify to claim the bonus either.
To activate, you must first play a $5+ qualifying fantasy contest to unlock the $50 in bonus entries. The bonus entries may be used only on fantasy contest entries on the Underdog app.
Bonus Entries are non-withdrawable and a 1x playthrough is required before winnings can be withdrawn.
Bonus Entries cannot be applied to entries with a payout multiplier lower than 2x the entry fee and expire 14 days after being issued.
Be 18+ (19+ in AL, NE; 19+ in CO for some games; 21+ in AZ, MA & VA), have a legal, U.S. residential address within a state where Underdog operates and otherwise eligible.
Tap the CLAIM BONUS button on this page and download the Underdog app.
Register for an Underdog account using Underdog Predict promo code CBSSPORTS2 and enter the required information, including name, address, phone number and SSN.
Once registered, make your first deposit using your preferred payment method and follow the prompts.
Claim the latest Underdog promo code CBSSPORTS2 here :
Along with traditional player prop options like on Underdog DFS, Underdog prediction picks allow event contract trading on teams and futures, with markets that include winning individual games, events and championships via the Underdog prediction picks option within the app. Event contracts are also available for the following:
Users can trade on live sporting events in addition to upcoming events, and even longer-term events, like championships and awards.
Event contracts are offered by one or more designated contract markets (DCMs), including UDX, Kalshi, and Crypto.com. New eligible users can also claim the Kalshi promo code CBSSPORTS directly on Kalshi.
Let's use the example of the Yankees playing the Red Sox. Users can trade on the winner of that outcome. Like other sports prediction markets, Underdog displays pricing per event contract.
That means if the Yankees are trading at a price such as $0.60 per event contract on Kalshi, the correct prediction pays out $1 per event contract, for a profit of $0.40 per contract. The price implies the market has the Yankees at a 60% probability to win.
Therefore, if someone were to make a trade for 100 event contracts of the Yankees at this price, it would cost $60, and if the Yankees win, Underdog pays out $100 back to the account for those contracts. You would earn a profit $40 on that $100 total return.
Please note, Underdog charges users a $0.02 exchange fee per contract.
Underdog does not charge fees for withdrawals or deposits. Withdrawals are processed within 24-72 hours, with online banking transfers via Trustly typically being the fastest method.
Debit card, Apple Pay, Bank account via Trustly
Underdog debuted in 2020 as a DFS platform. It is best known for two things: DFS Pick Em contests, where users pick higher or lower on specific player statistical totals, and best ball fantasy sports contests. Underdog has evolved since and is now expanding into prediction markets through Underdog within the Underdog Sports app.
The Underdog app is straightforward, as the lobby presents you with several different trading options across several different sports. The UI, and particularly the visual layout, is very thorough, and perhaps a bit overwhelming. Highlighting the featured events is a good thing, but Underdog went a bit overboard by highlighting too many events. There are 25 different "featured" events in the lobby, with some of the most popular (ex: golf), all the way at the bottom.
Additionally, there could be some reordering in terms of the sports listed at the top of the lobby. Some of the most popular leagues (NFL, NBA) aren't among the first 10 sports leagues listed, yet other sports not in season, such as CBB, are listed before.
Tracking event contracts is easily done via either the Picks tab at the bottom or the Track icon. That brings you to another screen where your picks, in addition to the respective event's time and score, are displayed, making it easy to see if your predictions are on pace or not.
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