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{{Advert|date=March 2024}} |
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'''Underdog Fantasy Sports''' is an online [[daily fantasy sports]] app |
'''Underdog Fantasy Sports''' is an online [[daily fantasy sports]] app.<ref>{{Cite web |last=Sports |first=Mark Lammey, Spotlight |date=2024-02-10 |title=Underdog Fantasy Review: Complete Guide for 2024 |url=https://www.si.com/fannation/betting/fantasy/underdog-review |access-date=2024-03-19 |website=FanNation {{!}} A part of the Sports Illustrated Network |language=en}}</ref> Founded in 2020, its investors include [[Mark Cuban]], [[Jared Goff]], [[Kevin Durant]], and [[Adam Schefter]]. Since the launch of the app in 2020, the company has a 485 million dollar valuation.<ref>{{Cite web |date=2021-05-03 |title=Underdog Fantasy Raises $10 Million From Kevin Durant, Mark Cuban, Jared Goff and Others |url=https://www.sportsbusinessjournal.com/Daily/Issues/2021/05/03/Technology/underdog-fantasy-raises-10-million-from-kevin-durant-mark-cuban-jared-goff-and-others.aspx |access-date=2024-03-19 |website=www.sportsbusinessjournal.com |language=en}}</ref><ref>{{Cite web|url=https://www.legalsportsreport.com/74088/series-b-funding-underdog-485-million-valuation/|title=How Did Underdog Fantasy Dodge Sinking US Sports Betting Valuations?}}</ref> |
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| ⚫ | "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.<ref name="auto">{{Cite web |title=Everything you need to know about Underdog Fantasy |url=https://www.fantasylife.com/articles/best-ball/everything-you-need-to-know-about-underdog-fantasy |access-date=2024-03-19 |website=fantasylife.com |language=en}}</ref> "Pick'em" is a 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 [[Major League Baseball|MLB]], [[National Basketball Association|NBA]], [[National Hockey League|NHL]], [[National Football League|NFL]], [[College basketball|CBB]], [[College football|CFB]], [[PGA Tour|PGA,]] [[Tennis]], [[Ultimate Fighting Championship|UFC]], [[Formula One|F1]], [[FIFA]] and [[esports]].<ref name="auto"/> 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.<ref name="auto"/> |
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==Founding== |
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| ⚫ | Underdog is legal for playing best ball and pick'em contests in 31 [[U.S. state]]s. 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.<ref>{{Cite web |title=UnderDog Fantasy States {{!}} Where Can You Play in March, 2024? |url=https://ats.io/dfs/underdog/legal-states/ |access-date=2024-03-19 |website=Against The Spread Betting Information, News, Sportsbook Reviews - ATS.io |language=en-US}}</ref> |
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Founded in 2020, Underdog's investors include [[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.<ref>{{Cite web |date=2021-05-03 |title=Underdog Fantasy Raises $10 Million From Kevin Durant, Mark Cuban, Jared Goff and Others |url=https://www.sportsbusinessjournal.com/Daily/Issues/2021/05/03/Technology/underdog-fantasy-raises-10-million-from-kevin-durant-mark-cuban-jared-goff-and-others.aspx |access-date=2024-03-19 |website=www.sportsbusinessjournal.com |language=en}}</ref><ref>{{Cite web|url=https://www.legalsportsreport.com/74088/series-b-funding-underdog-485-million-valuation/|title=How Did Underdog Fantasy Dodge Sinking US Sports Betting Valuations?}}</ref> |
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==Legal status== |
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| ⚫ | Underdog is |
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==Best Ball== |
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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.<ref name="auto">{{Cite web |title=Everything you need to know about Underdog Fantasy |url=https://www.fantasylife.com/articles/best-ball/everything-you-need-to-know-about-underdog-fantasy |access-date=2024-03-19 |website=fantasylife.com |language=en}}</ref> |
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==Pick'em== |
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| ⚫ | Pick'em is a |
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== References == |
== References == |
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Revision as of 14:54, 19 March 2024
Underdog Fantasy Sports is an online daily fantasy sports app.[1] Founded in 2020, its investors include Mark Cuban, Jared Goff, Kevin Durant, and Adam Schefter. Since the launch of the app in 2020, the company has a 485 million dollar valuation.[2][3]
"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.[4] "Pick'em" is a 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.[4] 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.[4]
Underdog is legal for playing best ball and pick'em contests in 31 U.S. 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.[5]
References
- ^ 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) - ^ "Underdog Fantasy Raises $10 Million From Kevin Durant, Mark Cuban, Jared Goff and Others". www.sportsbusinessjournal.com. 2021-05-03. Retrieved 2024-03-19.
- ^ "How Did Underdog Fantasy Dodge Sinking US Sports Betting Valuations?".
- ^ a b c "Everything you need to know about Underdog Fantasy". fantasylife.com. Retrieved 2024-03-19.
- ^ "UnderDog Fantasy States | Where Can You Play in March, 2024?". Against The Spread Betting Information, News, Sportsbook Reviews - ATS.io. Retrieved 2024-03-19.