Can you claim a welcome bonus at Underdog Predict?
No, I found no evidence of a bonus for new members, which means you won’t come across an
Underdog Predict promo code
to use if you sign up via the app, either. You might see other bonuses for different services offered by Underdog, but they do not currently relate to the prediction markets they provide. I did not find a VIP club or similar feature there either.
Underdog Predict is a registered FCM offering event contracts. Trades may be placed on CDNA, a registered DCM, powered by UDM Services, LLC. Trading involves significant risk and is not appropriate for all. Must be a U.S. resident. Terms apply: underdogpredict.com. Content is promotional and is not a recommendation to trade.
200% up to $100
T&Cs and 18+ apply
Underdog Predict is a registered FCM offering event contracts. Trades may be placed on CDNA, a registered DCM, powered by UDM Services, LLC. Trading involves significant risk and is not appropriate for all. Must be a U.S. resident. Terms apply: underdogpredict.com. Content is promotional and is not a recommendation to trade.
200% up to $100
T&Cs and 18+ apply
Underdog Predict is a registered FCM offering event contracts. Trades may be placed on CDNA, a registered DCM, powered by UDM Services, LLC. Trading involves significant risk and is not appropriate for all. Must be a U.S. resident. Terms apply: underdogpredict.com. Content is promotional and is not a recommendation to trade.
200% up to $100
T&Cs and 18+ apply
Underdog Predict is a registered FCM offering event contracts. Trades may be placed on CDNA, a registered DCM, powered by UDM Services, LLC. Trading involves significant risk and is not appropriate for all. Must be a U.S. resident. Terms apply: underdogpredict.com. Content is promotional and is not a recommendation to trade.
200% up to $100
T&Cs and 18+ apply
Underdog Predict is a registered FCM offering event contracts. Trades may be placed on CDNA, a registered DCM, powered by UDM Services, LLC. Trading involves significant risk and is not appropriate for all. Must be a U.S. resident. Terms apply: underdogpredict.com. Content is promotional and is not a recommendation to trade.
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.
Firstly, is Underdog Predict legal?
Yes – you can use the service in 32 US states, including Alabama, Minnesota, and West Virginia. You must be aged 18 or over and living in a legal state where Underdog provides its prediction markets if you wish to use the service.
You’ll need to open an account to use Underdog Predict. You must also scan a valid ID to prove who you are and that you’re in an eligible state for the prediction markets feature. If you’re already a member, you should see the prediction markets option inside the app if you are in one of the legal states.
Underdog Predict: the basics
The idea is that you can trade in event contracts based on events happening in various areas, such as sports and politics. The idea is to predict Yes or No based on what you think might happen.
You will see event contracts priced from a minimum of $0.01 to a maximum of $1.00. Let’s look at an NBA match between the Dallas Mavericks and the LA Lakers to see how this works. The Lakers are hot favorites at the time of writing. If they were backed by 80% of traders, it would generate an event contract of $0.80.
In this example, you could therefore buy event contracts at $0.80 each. If you are correct, you will receive $1 per event contract. If you are wrong, you won’t receive anything. Event contract prices can change, depending on what traders think might occur. A star player may not take part in a match after all, for example, which may lead traders to think the underdogs might be better placed to come out on top.
How to access Underdog Predict
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Make picks on Underdog Predict from your mobile device
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Access Underdog Predict on Android and iOS
You can download the relevant app for Android or iOS in the usual places – the Google Play Store or the App Store, respectively. I was already familiar with Underdog, having tried fantasy sports there. I appreciated the logical format and layout inside the app, once I reached the prediction markets section.
App navigation
I tested the iOS app to help me write this Underdog review, and found no issues in moving around and exploring the different sections and prediction markets. If you use an Android device, you will be able to download the app for that instead.
Note that you must live in a US state where you can use Underdog Predict to be able to find this option provided alongside various other services Underdog is known for, including their fantasy sports.
Evaluating Underdog Predict in more detail
Having spent some time looking through the prediction markets at Underdog, I noticed they don’t provide any options to trade in climate and crypto probabilities yet. That might change, and if it does, I’ll provide information on those here. In the meantime, let’s look at the prediction markets they do cover.
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Make team and player picks with Underdog Predict
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Enjoy UFC predictions with Underdog Predict
Underdog Predict covers seven sports and leagues at present:
- NFL
- NBA
- CFB
- NHL
- MLB
- Tennis
- Soccer
I was pleased to see college football covered alongside the regular football league. One of the most common prediction markets in all sports is the ability to pick who will come out on top in the match. For example, in tennis, Jannik Sinner may reach a final to play against Carlos Alcaraz. You can then predict which player you think will collect the trophy.
You can do the same with sports teams too. You’ll also find futures in the prediction markets, which involves trying to predict the outcome of an entire event or tournament.[custom-disclaimer operator=”3831″ section=”sportspredictions” version=”long”]
Plenty of prediction market providers cover culture, so I was pleased to see Underdog covered this area in detail, too. If you know there is an awards ceremony coming up – perhaps the Oscars, the Emmys, or the Grammys, for example – you can probably find event contracts on many aspects of those.
I chose the Oscars, since they were coming up when I was writing my Underdog review. You’ll find predictions based on some of the most popular award categories in that event:
- Best Picture
- Best Actor
- Best Actress
- Best Director
You can choose an event contract based on whether you think a particular movie will receive the award. Given that awards season is early in the year, I suspect this section is more active at that time.[custom-disclaimer operator=”3831″ section=”culturepredictions” version=”long”]
Politics may seem a little dry, but you can trade various event contracts in the political field at Underdog. I found multiple prediction markets in this area, covering many US political interests. Here are a few examples:
- The outcome of the US Presidential election in 2028
- The 2028 Democratic nominee
- The 2028 Republican nominee
- The race for the Senate in Georgia (and other states)
While I did find popular event contracts tied to the Presidency, I also noted plenty that related to specific states. This means that if you have an interest in what’s happening in your state, you can look for event contracts based on the next Governor or outcome of a Senate race, for example.[custom-disclaimer operator=”3831″ section=”politicspredictions” version=”long”]
I found a range of event contracts in this area while writing my Underdog review. You can largely split these into two areas of interest:
- Predictions relating to the economy
- Predictions relating to business
For instance, one key option at present involves predicting whether there will be a recession in the US this year. The Yes/No predictions will vary as time goes on and more things happen in this area to reflect what traders might think is most likely to happen regarding a recession.
As for business, I noted a few popular options revolving around AI at the moment. For instance, you can predict the date you think OpenAI will schedule its IPO. Businesses in the news – in the AI sector or any other sector – may well have event contracts related to their activities, for example.[custom-disclaimer operator=”3831″ section=”economicspredictions” version=”long”]
Available payment methods at Underdog
I found a small array of payment methods I could use when trading event contracts in prediction markets. They allow debit cards (but not credit cards), and also list Trustly as an option. I went for Apple Pay, since I was on my iPhone anyway, so it suited me nicely. That does still fall under their debit card list though.
Quick payout potential
While putting together my Underdog review, I found their help center, where they said they processed payouts for settled prediction markets within 24 hours. That seemed fast, so I checked timings when I had a correct prediction. I am pleased to say I did receive my funds within 24 hours after the market settled. I can’t think of many other services providing that sort of speed, which is impressive.
Testing their customer service facilities
If you’re new to prediction markets, you may have some questions about how they work. Fortunately, Underdog has put together a great help center with one area specifically focused on the prediction markets.
For example, I found separate articles covering prediction picks for tennis, baseball, and ice hockey among others. I also found some in-depth articles covering the various culture markets, including those on the economy, entertainment, and politics. You can also read about more general topics such as your account and verification of your ID.
Aside from the help center, you can contact them via email or use their live chat service. You must be logged into your account to use the latter.
| Customer Service |
 |
| Available Languages: |
English
|
| Email: |
support@underdogfantasy.com
|
Underdog Predict is a registered FCM offering event contracts. Trades may be placed on CDNA, a registered DCM, powered by UDM Services, LLC. Trading involves significant risk and is not appropriate for all. Must be a U.S. resident. Terms apply: underdogpredict.com. Content is promotional and is not a recommendation to trade.
200% up to $100
T&Cs and 18+ apply
Underdog Predict is a registered FCM offering event contracts. Trades may be placed on CDNA, a registered DCM, powered by UDM Services, LLC. Trading involves significant risk and is not appropriate for all. Must be a U.S. resident. Terms apply: underdogpredict.com. Content is promotional and is not a recommendation to trade.
200% up to $100
T&Cs and 18+ apply
Underdog Predict is a registered FCM offering event contracts. Trades may be placed on CDNA, a registered DCM, powered by UDM Services, LLC. Trading involves significant risk and is not appropriate for all. Must be a U.S. resident. Terms apply: underdogpredict.com. Content is promotional and is not a recommendation to trade.
200% up to $100
T&Cs and 18+ apply
Underdog Predict is a registered FCM offering event contracts. Trades may be placed on CDNA, a registered DCM, powered by UDM Services, LLC. Trading involves significant risk and is not appropriate for all. Must be a U.S. resident. Terms apply: underdogpredict.com. Content is promotional and is not a recommendation to trade.
200% up to $100
T&Cs and 18+ apply
Underdog Predict is a registered FCM offering event contracts. Trades may be placed on CDNA, a registered DCM, powered by UDM Services, LLC. Trading involves significant risk and is not appropriate for all. Must be a U.S. resident. Terms apply: underdogpredict.com. Content is promotional and is not a recommendation to trade.
Underdog provides multiple prediction markets to view
Having spent some time looking around the Underdog app, I was able to view all current prediction markets available from Underdog Predict. You can visit today by clicking our page banners here to see more for yourself.
I was impressed by the coverage of prediction markets in the sports and politics arenas, although I did notice they have yet to include crypto and climate-based predictions and probabilities. While you cannot pick up a welcome bonus, Underdog does a great job of providing extensive information and guidance if you want to learn more about prediction markets and how they work.
Underdog review FAQs
✋ Does Underdog actually pay out?
Yes, if you use Underdog Predict, which is their prediction markets service, and you correctly predict the outcome of an event contract, you will receive $1 per contract you purchased. You can request a withdrawal and receive the funds within 24 hours.
❓ Can you cash out an event contract early at Underdog Predict?
Yes, you can do this if you feel it is the right decision to make, based on what is happening in that event.
⛳ Does Underdog Predict cover golfing tournaments?
Not at present – Underdog launched its prediction markets service with seven sports, including tennis, basketball, baseball, and soccer. They aim to add more in future.
