The fact that there’s no welcome bonus at Underdog prediction markets isn’t that bad, as you can expect, especially with the fact that there’s no need to worry about getting an Underdog promo code as well.
In this guide, I’ll share more details about the availability of promotions at this prediction market. I’ll also cover how you can get involved, from buying your first event contract to useful tips to help you get the most out of every deposit.
It’s not clear why there are no promo codes for Underdog’s prediction site yet. But this is a relatively new vertical for the brand, as it has a longer history of fantasy sports and online predictions.
Prediction markets sites operate differently, and the company may still be finding its footing in this space. As Underdog continues to establish itself in prediction markets, a welcome bonus or promotional offer could be introduced in the future. So, never say never.
Before I talk in any detail about the potential Underdog promotions, it’s important to note a quick disclaimer. Trading derivatives involves risk and may not be appropriate for all.
Disclaimer: Trading derivatives involves risk and may not be appropriate for all. For more information visit: https://www.nadex.com/rules and https://underdogfantasy.com/rules. For Crypto.com Predictions, the term “pick” refers to a product traded on CDNA.
Welcome bonuses are actually surprisingly rare at prediction market sites. I recently reviewed Fanatics Markets and found the same situation, where the platform lacked any genuine welcome offer for new traders.
So if you’re considering making a move to a competitor site, you’ll probably find the same situation. Plus, Underdog brings so many other things to the table, from its friendly interface to the secure payment methods, impressive variety of event contracts, and more.
| Support Types | E-Mail, Hotline |
|---|
There have been no official statements about an Underdog prediction welcome bonus at the time of writing. But as I mentioned previously, things could change at any point. As competition increases, many brands may be compelled to offer a welcome bonus to attract more customers. And if they do, I suspect the platform will announce any new promotions through its social media channels, email newsletters, push notifications, or any other messaging service.
I’m also a frequent user of Underdog’s prediction markets, as it’s my go-to right now. So if I learn about any new promotions offered by the site, I’ll make sure to update this page with the new information. This will include updating the promotional banners on this page, which you can click to automatically opt in to any welcome offers if released.
To create an account, trade event contracts, or claim promotions at this site, you must be at least 18 years old and present in a US state where Underdog Predict operates legally.
At the time of writing, the brand operates in 34 states, and the remaining 16 states are currently restricted. Here is a list of the restricted states:
❌ Arizona
❌ Colorado
❌ Connecticut
❌Delaware
❌ Illinois
❌ Iowa
❌ Kentucky
❌ Louisiana
❌ Maryland
❌ Massachusetts
❌ Michigan
❌ Nevada
❌ New Hampshire
❌ New Jersey
❌ New York
❌ Pennsylvania
In my recently posted Underdog Predict review, I noted one of the big benefits is that the site is licensed and regulated by the Commodity Futures Trading Commission (CFTC). However, this also means strict identity verification processes are mandatory, so make sure you’ve got a valid government-issued ID and proof of address ready to submit.
The prediction markets at Underdog allow you to buy and sell event contracts tied to the outcome of real-world events.
These events are framed as yes or no questions, such as “Will the New England Patriots win the Super Bowl?” You can then purchase “Yes” or “No event contracts based on what you believe the outcome will be.
Here are some more facts you need to know before you start trading event contracts at Underdog Predict:
Futures are definitely my favorite type of prediction to make at Underdog, and they’re a market I’d highly recommend checking out for sports predictions.
These are season-long predictions, such as the likelihood of Manchester City securing another Premier League title in soccer. Here are all of the available futures:
| 🏀 NBA |
|
| 🏈 NFL |
|
| 🏒 NHL |
|
| ⚽ Soccer |
|
You’ve also got college basketball and football futures, where you can predict the National Championship Winner.
What I like most about these prediction markets is that they keep you engaged throughout the entire season instead of just one game. That means there are plenty of opportunities to buy and sell your positions at different times throughout the season.
Underdog is active across multiple social media platforms, including X, Discord, and Instagram.
Not only are these channels a great way to stay invested in the brand and its wider community, but they also offer opportunities for exclusive promotions, including credits, merchandise, and more.
In fairness, not many of these promotions are tailored specifically to the Underdog Predict site.
But this may change in the future, as this part of the platform continues to grow in popularity.
With no Underdog Predict deposit bonus available for new or existing players right now, you’ll need to think outside the box to add value to your trading experience. Here are three tips that every trader should consider:
The entertainment value that Underdog can offer shouldn’t be underestimated, and there’s generally more fun to be had in events you’re actually interested in. If you’re a film geek, predicting Oscars results might be your thing. If you’re a big sports fan, then the Super Bowl, Stanley Cup, or Premier League markets might be better suited to you. There are even economic and business markets to explore, from forecasting which AI model will lead the industry to predicting the largest company by year’s end.
Having a genuine interest also gives you a head start, as you’ll already have a base of knowledge, which is particularly important for spotting value in event contract prices.
If you’ve followed the previous tip, you’ll already have at least some basic knowledge of the event you’re predicting. But a little research can go a long way to offering new insights and angles you might not have considered. With sports markets, you can look at previous form, injury updates, weather conditions, motivation, and various other factors that could impact outcomes.
For example, if a favorite team to clinch the English Premier League suffered several injuries to its key players, this could present an opportunity to buy Premier League Winner shares in an opposing team, as the latter squad would be suffering losses without its best players. Likewise, if these injuries come after you’ve already bought shares in the team, it could present an opportunity to reevaluate and potentially sell your position.
Every time you buy or sell event contracts, you will be charged a small exchange fee, typically around $0.10, but this can change. It might seem like a small charge, but these fees can quickly stack up, especially if you’re constantly trading in and out of positions with small volumes and margins. That’s why it’s important to factor these fees into your decision-making if you want to get the most out of every deposit.
It’s no secret that Underdog Predict doesn’t offer a welcome bonus for new traders, but that’s actually fairly typical for prediction market sites.
If anything, this only simplifies the registration process, as no promo codes are required, and there are no tricky bonus terms to navigate.
You can deposit using any of the site’s secure payment methods and start exploring prediction markets for sports, entertainment, economics, politics, and more.
Underdog prediction markets come up with a lot of choices for you to consider, and it’s worth trying for a shot at getting rewards from yes or no markets.
That said, if any new Underdog Predict promotions are added to the site, I’ll be updating this page with the new offers.
In the meantime, you can use any of my links on this page to visit the official website, where you can start exploring everything Underdog has to offer.
For a more standalone prediciton market experience, check out Kalshi and Polymarket – as they are far ahead of Underdog Predict for the time being.
Underdog does not have a welcome bonus for its prediction markets, so you will not find any promo codes. This could change in the future, and if it does, this page and the promotional banners surrounding it will be updated.
Popular sports prediction markets are available at Underdog, including NFL, NBA, NHL, MLB, CFB, Soccer, and Tennis. You can also predict cultural events, such as economics, entertainment, and politics.
Yes, you can buy and sell your shares in contracts at any time before the event concludes. But if you are holding any event contracts after they have settled, you’ll receive a $1 payout, or a $0 payout, depending on the results.
No, you must be physically located in one of the states where Underdog operates to create an account, claim promotions, or purchase event contracts.
You must be at least 18 years old, or the minimum age required by your state.
Loading …
Loading …