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Up to a $1,000 Bonus Credit
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July 14, 2025
Underdog Fantasy Promo Code 'COVERS1000' - Up to $1,000 Bonus Credit 2025
Fact Checked
Brandon DuBreuil has ensured that facts presented were obtained from reliable sources and are accurate.
Use the Underdog Fantasy promo code 'COVERS1000' today to claim a $1,000 bonus credit. Underdog Fantasy has become one of North America’s most popular betting sites for daily fantasy sports, especially during Wimbledon.
You can boost your DFS bankroll for pick'em style games with the Underdog Fantasy welcome offer and Extender boost promotion on a tight-knit, visually appealing platform.
Regularly seen on: 
SIGN UP BONUS
Up to a $1,000 Bonus Credit
Best Underdog Fantasy promo codes and bonuses - Verified ✅
Be sure to use the exclusive Underdog Fantasy promo code 'COVERS1000' during the registration process to ensure you access the welcome offer.
Underdog Fantasy promo code new users - Group A
Underdog Fantasy’s welcome bonus can net you up to $1,000 in bonus cash once you have signed up and made your first deposit. When you make your initial deposit, you will be asked to enter the Underdog Fantasy promo code. Make an initial deposit of at least $10, and Underdog Fantasy will credit your bonus account with 50% of the deposit amount up to $1,000.
So, a minimum $10 deposit would get you an extra $5. To claim the maximum $1,000 bonus for this sportsbook promo, you need to deposit $2,000. This offer is available in ND, SC and WI.
Covers tip
To reach the largest value on your deposit requires a sizeable deposit. I recommend funding your account with an amount you are comfortable losing.Group B: Underdog Fantasy sign up bonus - Play $5, Get $50
Users in Alabama and Minnesota can access $50 in bonus cash by playing with $5.
Group C: Underdog Fantasy sign up bonus - Deposit Match + Play $5, Get $50
If you're located in Georgia or Utah, you can claim both the $1,000 deposit match and the Play $5, Get $50 offers.
Group D: Underdog Fantasy sign up bonus - 33/33/33 split
If you're located in CA, TX, NE, MO, AK, AR, NM, OK, RI, SD & all remaining N-RTW states, you can claim one of the above offers randomly (33/33/33 split).
Underdog Fantasy promo code for existing users
You can get in on several great offers as an existing user at Underdog Fantasy.
| 📅 Underdog Fantasy offer | 🤑 Offer description |
|---|---|
| 💰 Pick Tokens |
Eligible Underdog Fantasy users can regularly score the following tokens and apply them to their daily wagering: Gimme Picks, No Sweat, Boosts, Discount, Bonus Entry, Unlock, Split the Pot, Play and Get, and Playoff Progressive. |
| 🔁 Playback Program |
You can receive a percentage of your Pick'em entry fees back in bonuses during select promotional periods. |
| 🦅 Vulture Protection |
When you select a running back to score a rushing or receiving touchdown, that player will receive Vulture Protection. Should that player get vultured, you will receive a special promo within 24 hours. As with all Underdog Fantasy promotions, I strongly suggest that you read the full terms and conditions. They contain a full description of the offer along with a list of players who are eligible for Vulture Protection each week. |
| 🚁 Pick'em Rescues |
Receive a refund on your Pick'em entry for NBA, MLB, WNBA, NFL, and CFB if a player on your team plays the first half of a game, but no the second due to an injury. |
| 👥 Refer a friend |
Do you know anybody who loves fantasy sports as much as you do? If so, let them know about the sportsbook referral bonus at Underdog Fantasy by having them sign up through a special referral link that you can generate by entering the “Invite Friends” tab in your account profile. If that person signs up and deposits at least $10, you will receive a $25 bonus. Your friend is eligible to receive the Underdog Fantasy welcome bonus, too. |
Underdog Fantasy promo code summary
| 💰 Underdog Fantasy sign-up bonus | Up to $1,000 bonus credit |
| ⏩ Underdog Fantasy promo code | COVERS1000 |
| 💵 Minimum deposit | $10 |
| 🏦 Purchase methods | Visa, Mastercard, Amex, Discover, PayPal, Bank transfer |
| 📱 App availability | iOS and Android |
| 📍 Legal states | AK, AL, AR, AZ, CA, CO, FL, GA, IL, IN, KS, KY, MA, MI, MN, MO, MS, NC, ND, NE, NH, NJ, NM, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WI, WV, WY |
| 🎂 Age | 18+ (19+ in AL + NE, 21+ in AZ + MA) |
| 📝 Eligible bet types | Best ball, Pick'em |
| ⌛ Offer expiry | Ongoing |
| ✅ Last verified | July 14, 2025 |
Underdog Fantasy promo code terms and conditions
Similar to other DFS bonuses, the Underdog Fantasy sign-up offer has specific terms and conditions that must be evaluated.
Here's an outline of Underdog Fantasy's T&Cs that you should keep in mind:
Use 'COVERS100' — the Underdog Fantasy promo code — to qualify.
This welcome offer is only valid for new users who are at least 19 years old (Virginia is 21+).
You must make a minimum deposit of $10.
Get a 50% match bonus up to $1,000 on your first deposit.
The bonus will be credited to your account within 72 hours.
The welcome bonus is subject to a 1x wagering requirement, which must be fulfilled within 14 days of receipt.
Use your bonus within 60 days, or it will expire.
You must verify your account before you can withdraw any winnings or bonus cash.
How to claim the Underdog Fantasy promo code?
I found claiming my welcome bonus using the Underdog promo code to be very straightforward and only takes a few minutes. Click here to sign up and follow these steps to get started at this real money betting site:
1
Register
Download the Underdog Fantasy sports betting app and fill out the registration form, which requires you to provide some basic personal information and your mobile number. After filling out the sign-up sheet, you will receive a text message with a one-time PIN, which you can enter to activate your account.
2
Deposit funds
Click on your account balance to launch the deposit form. You can then select your preferred payment method, deposit at least $10, and enter the Underdog Fantasy bonus code 'COVERS1000' when prompted. The bonus will be quickly added to your account balance after you complete the deposit. If you forget to enter your promo code, be sure to contact Underdog Fantasy’s support team.
3
Make a wager
Underdog Fantasy offers two main types of contests. You can build your dream fantasy team through a draft or play pick'em games in which you predict whether your favorite player will exceed or fall short of their projections.
4
Withdraw winnings
When you’re ready to cash out your winnings, start by selecting the “Withdraw” tab in your account profile. You can then select the payment options, enter the desired withdrawal amount, and submit the withdrawal request.
Underdog Fantasy registration process
Underdog Fantasy Coins vs. Underdog Fantasy Cash
Underdog Fantasy is not technically a sports betting site, as it follows a sweepstakes model. This differentiation essentially means that you can play for free and still win cash prizes. UF offers two distinct playing currencies, as described below.
🟡 What are Underdog Fantasy Coins?
The first currency is the Underdog Fantasy Coin, which is used to enter the free contests. UF Coins do not have cash value. You can earn these coins by completing various tasks or by purchasing them — the same concept that social online casinos use.
One of the most beneficial aspects of UF coins is that they give new players a chance to learn how to play fantasy sports games without risking any real money. You can always switch to the other currency option when you are confident and understand how everything works.
💸 What is Underdog Fantasy Cash?
Next, we have Underdog Fantasy Cash, which you can purchase using a variety of payment options. The cool thing about UF Cash is that it can be redeemed for real money. Withdrawing your UF cash is the same as withdrawing at any traditional online sportsbook. Underdog Fantasy cash is valued at the same rate as the American dollar.
Underdog Fantasy review
Covers verdict
I am extremely pleased with Underdog Fantasy’s overall product, as it’s easy to open a new account and begin wagering on a user-friendly platform. Underdog Fantasy betting is somewhat lacking in terms of the variety of sports when compared to other major fantasy sports companies in North America.
On the flip side, I was surprised to see so many esports and in-game offerings. The size of the welcome bonus and extremely player-friendly T&Cs are a major plus, too. Investments from Mark Cuban, Kevin Durant, Jared Goff, and Adam Schefter epitomize the close connection Underdog holds to major sports leagues.
Who it's forUnderdog Fantasy is perfect for anyone who enjoys competition and has always dreamed of running a major sports team. Even if you don’t want to build your team, you have a vast array of pick’em options, which are essentially traditional over-under bets.
Instead of needing to have an entire team pull through for you, your fate rests in the hands of a single player. Underdog Fantasy is an especially great fit for anyone who resides in a state without legalized sports betting — like California or Texas.
Covers BetSmart Rating: ⭐ 4.7/5 | Bonuses and promotions | ⭐ 4.6/5 |
| Banking and payout speed | ⭐ 4.6/5 |
| Key features | ⭐ 4.8/5 |
| Security and trust | ⭐ 4.7/5 |
| Customer support | ⭐ 4.6/5 |
| User experience | ⭐ 4.8/5 |
| Betting odds | ⭐ 4.6/5 |
User reviews Editor's note: User reviews may be edited for clarity.
"First of all, wanna give a shout-out to Andre from customer support, extremely quick and very kind. Secondly, the app is very good and very well made. There’s no rigged competition, and every game makes it possible for anyone to win. Withdrawals do take a bit longer. However, they do all withdrawals manually, and you get to communicate with real people, so it's way more worth it."
- App Store reviewer
"I just started playing on Underdog, and it is the best new daily fantasy option out there. The group snake drafts are awesome to level the playing field and they even have safety measures to ID and remove any collusion between players on drafts. That way, one team doesn’t get loaded up with all the best players!”
- App Store reviewer
Underdog Fantasy at a glance
| 💰 Sign-up bonus | Up to $1,000 bonus credit |
| ⏩ Underdog Fantasy promo code | COVERS1000 |
| 🏅 Top feature | Vulture Protection |
| 💵 Minimum deposit | $10 |
| 💵 Minimum wager | $0.10 |
| 🕒 Payout speed | Within 24 hours |
 App Store rating |
4.8/5 ⭐ (196.3K reviews) |
 Google Play rating |
4.6/5 ⭐ (19.2K reviews) |
| ✅ Last verified | July 14, 2025 |
Underdog Fantasy iOS app
What we like
Generous welcome bonus: The sheer size, combined with ultra-lax terms and conditions, will get the attention of any fantasy sports buff.
NFL Pick’em games: Because our experts love NFL player props, they were drawn to the Underdog Fantasy sports NFL Pick'em games. Many NFL players serve more than a dozen Pick'em options.
Big player pools: I would like to mention that the Underdog Fantasy app attracts a lot of traffic, which means larger player pools and bigger prizes. With cash drafts ranging from $3 to up to $2,500, players of all budget sizes can participate in various Underdog Fantasy sports contests.
What we don't like
No fantasy soccer: I understand why Underdog Fantasy focuses on North American sports, but ignoring a huge segment of sports fans by not offering fantasy soccer games — for the English Premier League, La Liga, or MLS — is not ideal.
Fewer promos: I also think that serious fantasy buffs would appreciate having access to more regular promotions. Other than that, the site doesn’t have many shortcomings.
Underdog Fantasy customer support
Underdog Fantasy provides 24/7 customer support — you can hit the live chat icon at the bottom of the page to immediately connect with a customer service representative. Alternatively, you can send an email, although you may have to wait a few hours for a reply.
This fantasy site doesn’t offer a very extensive FAQ section, but you can click the “Help?” button inside the live chat box to find a limited variety of commonly asked questions.
- Live chat: Yes
- Email: support@underdogfantasy.com
- Phone: N/A
- Support languages: English, French
- Twitter: @UDSupport
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Underdog Fantasy bonus comparison
 |
 |
 |
|
|---|---|---|---|
| Welcome bonus | Up to $1,000 bonus credit | 100% match up to $25 SC + 150,000 FC | 1,000 Novig Coins + 5 Novig Cash |
| Promo code | COVERS1000 | COVERSBONUS | Not required |
| Bonus type | Bonus credit | Deposit match | No deposit bonus |
| Bonus form | Up to $1,000 | Up to $25 SC + 150,000 FC | 1,000 Novig Coins + 5 Novig Cash |
| Wagering period | 60 days | N/A | N/A |
| Min. deposit | $10 | $25 | N/A |
| Covers BetSmart Bonus Rating | ⭐ 4.7/5 | ⭐ 4.2/5 | ⭐ 4.4/5 |
Underdog Fantasy contests
Underdog Fantasy offers two main types of competitions: traditional draft mode and Pick'em. I've tried both systems and have outlined how they work below:
Traditional draft mode
The first type of game is a traditional draft mode in which you draft your team under a salary cap. The cost of drafting a team ranges between $3 and $2,500. You can go head-to-head against another team or pit your skill against up to 20,000 other teams. Simply choose a competition you want to enter, draft your team, and wait for the results. Underdog Fantasy charges a “rake” for draft contests, ranging between 5% to approximately 11%, depending on the entry fee. For example, a $3 draft involving three teams pays out a total of $8, which equates to a $1 rake. If you play a $2,500 draft heads up, the house takes $250, which is 5% of the prize pool.
Pick'em
The other type of contest is called Pick’em. As mentioned earlier, this is essentially standard over/under betting. For example, you could wager on Derrick Henry to rush under or over 83.5 rushing yards and can also wager on whether he will have more or less than 18.5 rushing attempts. There are two ways to bet Pick’ems.
- Standard Bet: This is a standard parlay bet — with between two and five legs — which means you need to get your predictions 100% right.
- Flexed Bet: Flexed Bet is akin to traditional combination bets, in which you need to make at least three selections and as many as eight. And just like round robins, you can still win even if one or more selections miss.
Payouts are as follows:
| Number of picks | Standard Bet payout multiplier | Flexed Bet payout multiplier |
|---|---|---|
|
2
|
3x
|
N/A |
|
3
|
6x |
3x 1x for 2/3 |
|
4
|
10x |
6x 1.5x for 3/4 1x for 2/4 |
|
5
|
20x |
10x 2.5x for 4/5 1.5x for 3/5 1x for 2/5 |
Covers Expert Analysis"You should know that Underdog Fantasy sometimes offers boosted payouts, which can significantly fatten your wallet."
Other Underdog Fantasy contests
Live fantasy games: Underdog Fantasy spices things up by offering live fantasy games — Pick’ems that are open for betting after the match commences.
Underdog Rivals: Underdog Rivals is a Pick'em contest where, instead of predicting if a player will exceed or fall short of a statistical benchmark, participants choose which competing player or athlete will outperform the other in a specific statistical category, such as goals, points, yards, or assists.
Underdog Fantasy betting markets
Underdog Fantasy has a decent number of betting options with most of the major North American sports leagues well-represented. Soccer is one sport missing from their online mobile app, but you can wager on the following:
Underdog Fantasy deposit options
Underdog Fantasy provides customers with a solid selection of deposit and withdrawal options. Payment methods include credit cards — like Visa and Mastercard — PayPal, bank transfer, and more or a bank transfer. The minimum initial deposit is $10, funding processes instantly and carry no fees.
| Method 🏦 | Deposit 💰 | Process Time 🕒 | Minimum Deposit 🪙 | Fee💲 |
|---|---|---|---|---|
 Visa |
✅ | Instant | $10 | Free |
 Mastercard |
✅ | Instant | $10 | Free |
 American Express |
✅ | Instant | $10 | Free |
 Discover |
✅ | Instant | $10 | Free |
 PayPal |
✅ | Instant | $10 | Free |
 PayNearMe |
✅ | Instant | $10 | Free |
 Trustly |
✅ | Instant | $10 | Free |
 Bank transfer |
✅ | Instant | $10 | Free |
Underdog Fantasy withdrawals
| Method 🏦 | Withdrawal 💸 | Process Time 🕒 | Minimum Withdrawal 🪙 | Fee💲 |
|---|---|---|---|---|
| Visa |
✅ | 24-48 hours | $10 | Free |
| Mastercard |
✅ | 24-48 hours | $10 | Free |
| American Express |
✅ | 24-48 hours | $10 | Free |
| Discover |
✅ | 24-48 hours | $10 | Free |
| PayPal |
✅ | 24-48 hours | $10 | Free |
| Trustly |
✅ | 24-48 hours | $10 | Free |
 Echeck |
✅ | 24-48 hours | $10 | Free |
Where is Underdog Fantasy legal?
In the United States, Underdog Fantasy is quickly becoming a fan favorite, making our lists for the Florida sportsbook promos and the best sports betting apps California and sports betting apps Georgia each offer, as well as being one of the top sports betting apps legal in Texas in 2025. Below are the following legal Underdog Fantasy states:
Users in Canada — excluding those in Ontario — can also download the Underdog Fantasy mobile app to set up an account.
Underdog Fantasy updates
July 3, 2025: Underdog Fantasy's bid to stop a DFS opinion in California fails.
July 1, 2025: Underdog Fantasy is suing in California Superior Court to stop Attorney General Rob Bonta from issuing an opinion that would deem most paid fantasy sports games illegal under state law.
March 26, 2025: Underdog Fantasy has a $1.2 billion valuation after its Series C funding round, marking the sports gaming industry’s largest investment from a top-tier Silicon Valley venture capital firm.
March 15, 2025: Underdog Fantasy to pay $17.5 million fine to the New York regulators and withdraw drafts and pick'em games after offering daily fantasy sports illegally within the state.
Feb. 20, 2025: Underdog Fantasy re-signs Cam'ron and Ma$e — the platinum-selling artists turned hosts of the popular sports show 'It Is What It Is.'
Sept. 26, 2024: Underdog Fantasy makes LinkedIn's Top 50 Startups list.
Sept. 23, 2024: Underdog Fantasy returns to Kansas under a new peer-to-peer format.
Feb. 27, 2024: Underdog Fantasy informs customers in North Carolina that they will no longer be offering its fee-based pick'em-style contests in the state.
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Underdog Fantasy promo code FAQ
We can say with utmost certainty that Underdog Fantasy is legit and trustworthy. The company holds all required licenses and governmental permissions to offer its contest in each state in which it operates.
Even though there is no Underdog Fantasy promo code no-deposit offer, you will still find a few regular promotions that you can claim with or without the use of Underdog promotions promo codes. Make sure to keep an eye on the promotions section in your UF account profile.
Our feature Underdog Fantasy promo code is 'COVERS1000.' You can use it to claim up to $1,000 in bonus cash.
Yes. You can hit the “Withdraw” tab in your player profile to trigger a withdrawal form. Once you fill it out and submit it, Underdog Fantasy will process it and send your money.
Underdog Fantasy normally processes withdrawals within 24 to 48 hours of receiving your request. It can then take between a few seconds and 7 days to access your winnings, depending on which payment method you used. We suggest using an e-wallet for the fastest results.
Group B offers a "Play $5 Get $50" promotion for users in Minnesota and Alabama, while Group C provides a combo deal of a deposit match plus a "Play $5 Get $50" offer for those in Georgia and Utah. Group D features a 33/33/33 split, randomly distributing all three offers across users in California, Texas, Nebraska, Missouri, Alaska, Arkansas, New Mexico, Oklahoma, Rhode Island, South Dakota, and other non-right-to-work states.
Underdog Fantasy is an online daily fantasy sports (DFS) betting site that allows players to participate in various sports contests, such as Pick'em games — where users predict the over/under on player stats — or Best Ball drafts to win real-money payouts.
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