If you’re looking to get into the world of fantasy sports betting, one of the first things you need to do is deposit money onto an online sportsbook. This can be tricky, especially if you’re unfamiliar with the process. In this article, we’ll walk you through how to deposit money on Underdog Fantasy so that you can get started with your fantasy sports betting career.
- The user is prompted to make a deposit when the app is first opened.
- That prompt will bring up a screen where the user can decide how much money they wish to deposit. Users can deposit via PayPal or enter a payment method on the Account tab.
- If the user chooses not to deposit immediately, they can still do so by selecting the green “Deposit” text in the upper right-hand corner of the app.
Underdog Fantasy is a great way to get in on the action of fantasy sports betting. You can use Underdog Fantasy to win prizes and bragging rights by winning your favorite fantasy game styles in top sports leagues. Keep reading to discover more!
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Depositing Money On The Underdog Fantasy App
The user is prompted to make a deposit when the app is first opened. Going forward with that prompt will bring up a screen where the user can decide how much money they wish to deposit. If the user chooses not to deposit immediately, they can still do so by selecting the green “Deposit” text in the upper right-hand corner of the app.
The Deposit screen can also be accessed from the Account tab on the bottom right, in the navigation bar.
The Deposit screen allows users to input a custom amount of money in U.S. Dollars (USD). Preselect options to select $50, $100, or $250. Currently, users can pay via PayPal or with a credit or debit card. To add a card to the account, go to the Account tab and select “Payment methods.”
After selecting a deposit amount, users undergo identification verification steps before being sent to PayPal to complete the transaction.
Making A Withdrawal On Underdog Fantasy
Withdrawing money from your account on the Underdog Fantasy app is easy and free! There are two types of account balances: Bonus cash and Withdrawable cash. Withdrawable cash is the amount of money you can withdraw from your account, while Bonus cash is the amount still tied up in bonuses or promotions.
To withdraw money, simply click the “Withdraw” button in the app and enter the amount of money you wish to withdraw.
The funds will then be transferred to your linked PayPal account within 2-3 business days. If you paid with a banking card, that method would refund the amount initially deposited from that account. If the withdrawal is more significant than that, then the difference will be sent via PayPal.
How First-Time Deposit Match Works On Underdog Fantasy
When you make your first deposit, Underdog will match it up to $100. That means you could start playing with $200 in your account. The minimum deposit is $10. They have a ton of different sports to choose from, so you’re sure to find one that you’ll enjoy. Deposit match funds are considered play-through funds.
In the gambling industry, play-through funds are promotional funds used to attract new customers and encourage them to keep playing. The funds can be used to play any game on the site, but they usually come with wagering requirements that must be met before the funds can be withdrawn.
On Underdog Fantasy, this means deposit bonuses and promos require you to play through them before you can withdraw the money. You must use the entire bonus amount before taking any of it out.
The Refer-A-Friend Promotion
The $10 Refer-A-Friend promo allows users to earn $10 for each friend they refer to the app. If you refer a friend who makes a successful deposit of at least $10 on the Underdog Fantasy platform, and they enter your username as the referral code, you’ll receive a $10 credit to your account.
You can’t withdraw the site credit until it’s been used to play in a game on the Underdog Platform, but you’ll be given the $10 as soon as each friend makes their deposit.
Sports Leagues Available For Betting On Underdog Fantasy
Underdog tracks scoring for most major American sports leagues, including:
Additionally, they track scoring for other popular sports and contests. These include:
- E-Sports such as CS: GO and League of Legends
- Formula 1 races and NASCAR
- Nathan’s Hotdog Eating Contests
Does Underdog Fantasy Have A Money-Back Guarantee?
Yes, but only for a limited set of circumstances. Refunds are only offered on the first contest to new users only. The claim must be made within 48 hours after entering the competition.
The refund will only be issued for up to $100. To receive the refund, the user must close out their entire account. Users are expressly forbidden from making a second account afterward.
You are only allowed one account on Underdog. Creating multiple accounts, or working with other entrants, is not permitted and will result in your accounts being suspended or terminated. Any prizes you have won may also be revoked.
What Happens To The Prize Money In The Event Of A Tie On Underdog Fantasy?
When a tie occurs, the winner is determined by who has the highest scoring player during the contest period. If users have the same player or a player with the same high score, the winner is determined by who has the second highest scoring player.
If all tied entrants have exhausted their player lineup and are still tied, then the prize winnings will be split among them.