Underdog Predict is the latest addition for this well-known DFS brand. As you would expect, there is an Underdog age requirement, which is 18 years old in 31 of the 32 states where Predict is available, but 21+ in Virginia.
In our guide we’ll discuss how you can access Underdog Predict, the limitations of using it, and make you aware of the states where it’s currently unavailable. We’ll also explain how prediction markets work by using an example, and explore the contract categories Underdog has on offer. Lastly, we’ll sum up this product and answer some common questions.
As we also discussed during our main Underdog review, the brand’s prediction market product is called Underdog Predict. The table below provides a brief overview of some things you’ll need to know.
| Underdog Predicts | Limitations |
|---|---|
| Bonus available | DFS only: Spend $5 on DFS entries, get $75 of bonus entries |
| Minimum age | 18+ most states, 21+ in Virginia |
| Coverage | 32 US states |
| Accessibility | App only |
| Prediction categories | Sports, politics, culture, crypto, economics, climate |
Like many prediction market sites, Underdog doesn’t have a welcome offer for its Predict product. However, when you download the Underdog app, you will be able to claim the Underdog Fantasy bonus if you wish.
To access this DFS-only promotion you will need to deposit at least $10, then spend $5 on DFS entries. In return you’ll receive $75 of bonus entries to paid contests.
In most of the 32 states where Underdog Predict is available you will need to be at least 18 years old to sign up and access the product. However the age requirement in Virginia is 21 years or above.
Things can change often in the US, especially when it comes to new products like this. At the time of writing, Underdog Predict is available in 32 states, with the following currently excluded:
Arizona, Colorado, Connecticut, Delaware, Illinois, Iowa, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Nevada, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, and Tennessee.
You can use the link on our page banners to go to the official Underdog website where you’ll find information about Underdog Predict, plus links to download the brand’s app for Android or iOS devices.
It’s also worth knowing that the Underdog app contains geolocations software, so you’ll only be able to buy or sell prediction market contracts when you are physically present in a legal state.
Unsurprisingly, sports are the most prevalent prediction market category at Underdog, where you can access both Player Picks and Team Picks (not to be confused with Underdog Fantasy selections) which work in slightly different ways.
For the other prediction market categories, there’s only one format, but with a vast selection of contracts for each.
Underdog Predict is a relatively new product that enables you to buy and sell contracts based on real life events. In essence, you answer yes or no to a simple question. An example would be ‘Will it rain in Houston tomorrow’.
All contracts are peer-to-peer and have a value of $1, split between the yes/no selections, which in turn reflects the probability of an outcome. In our example, if the split was 60% yes, and 40% no, and you choose yes, you buy the contract at $0.60. If your prediction proves correct you’ll receive $1, providing a $0.40 profit.
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.
As you’ve seen, Underdog Predict offers plenty of scope in terms of the prediction markets available. You can currently access this product in 32 US states, provided you meet the minimum Underdog age requirement of 18 years (21 years in Virginia).
To enjoy Underdog Predict you will first need to download the Underdog app from the brand’s website, and you can use the link on our page banners for that purpose. As the app also gives you access to Underdog Fantasy, you can claim the DFS welcome offer during registration if you want to.
In 31 of the 32 states where Underdog Predict is currently available, the minimum age to sign up is 18 years. However, if you live in Virginia you will need to be at least 21 years of age.
You can trade prediction market contracts in six different categories at Underdog: sports, politics, culture, crypto, economics, climate.
Underdog Predict is currently available in 32 US states. There are two things you also need to know. Firstly, you can only access this product via the Underdog app. Secondly, as the app contains geolocation software, you will only be able to buy and sell event contracts when you are physically located in a legal state.
Disclaimer: All of the information on this site is for entertainment purposes only. We do NOT accept bets of any kind. The information we provide is accurate and trustworthy to help you make better decisions. When you click or tap on a link on Dimers that leads to a third-party website that we have a commercial arrangement with (such as an online sportsbook), we may earn referral fees. Dimers does not endorse or encourage illegal or irresponsible gambling in any form. Before placing any wagers with any betting site, you must check the online gambling regulations in your jurisdiction or state, as they do vary. If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER.
Copyright © [yyyy] Dimers. All Rights Reserved. Proudly part of Cipher Sports Technology Group, 902A Broadway, Floors 6 & 7, New York, NY 10010, United States of America.