Draft:Underdog Fantasy Sports

Underdog Fantasy Sports is an online daily fantasy sports app, in which users get to enjoy their favorite sports.[1]

Founding

Founded in 2020, Underdog has attracted the interest of many celebrities as investors, including but not limited too, Mark Cuban, Jared Goff, Kevin Durant, and Adam Schefter. Since the launch of the app in 2020, the company has a 485 million dollar evaluation.[2][3]

Where You Can Play

Underdog is fully legal (best ball and pick'em contests) in 31 states. Only the best ball mode is offered in nine of the states and the app is not yet legal in Connecticut, Delaware, Hawaii, Idaho, Iowa, Louisiana, Michigan, Montana, Nevada, Washington.[4]

Best Ball

Best ball is a season-long fantasy format, in which the user drafts a team, but there are no managerial moves that the user can make. Once rosters are drafted, they cannot be interfered with. Points are given based on player performance and the highest scoring players are counted towards the users score.[5]

Pick'em

Pick'em is a popular mode where players will build a parlay with player props. Players will select over or under on a specific players stat and if they get all the picks correct, they win large multiplied payouts. This mode is offered for MLB, NBA, NHL, NFL, CBB, CFB, PGA, Tennis, UFC, F1, FIFA and ESports.[6]The payouts for pick'em are 3-1 for two picks, 6-1 for three picks, 10-1 for four picks, and 20-1 for five picks.[7]

References

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  1. ^ Sports, Mark Lammey, Spotlight (2024-02-10). "Underdog Fantasy Review: Complete Guide for 2024". FanNation | A part of the Sports Illustrated Network. Retrieved 2024-03-19.{{cite web}}: CS1 maint: multiple names: authors list (link)
  2. ^ "Underdog Fantasy Raises $10 Million From Kevin Durant, Mark Cuban, Jared Goff and Others". www.sportsbusinessjournal.com. 2021-05-03. Retrieved 2024-03-19.
  3. ^ https://www.legalsportsreport.com/74088/series-b-funding-underdog-485-million-valuation/. {{cite web}}: Missing or empty |title= (help)
  4. ^ "UnderDog Fantasy States | Where Can You Play in March, 2024?". Against The Spread Betting Information, News, Sportsbook Reviews - ATS.io. Retrieved 2024-03-19.
  5. ^ "Everything you need to know about Underdog Fantasy". www.fantasylife.com. Retrieved 2024-03-19.
  6. ^ "Everything you need to know about Underdog Fantasy". www.fantasylife.com. Retrieved 2024-03-19.
  7. ^ "Everything you need to know about Underdog Fantasy". www.fantasylife.com. Retrieved 2024-03-19.