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Underdog Fantasy Promo Code SBD: 50% Deposit Match Up to $1,000 + Keep Your Million (September 2026)

Daniel Destler

By Daniel Destler

Updated:

Verified by: Paul Costanzo


Underdog Fantasy logo and mobile phone with screenshots

Use the Underdog Fantasy promo code SBD to claim a 50% deposit match up to $1,000. New eligible users can join Keep Your Million, an Underdog promotion where players start with a virtual $1 million and make a series of higher-or-lower selections. See below for more details on the promotion!

Thereโ€™s plenty to like in the Eagles vs Titans matchup. My DFS targets are Jalen Hurts for 2+ passing touchdowns and Saquon Barkley for more than 79.5 rushing yards.

Underdog Review Sections:

 

UNDERDOG DFS
Get a 50% First-Time Deposit Match Up to $1,000 & Play Keep Your Million!

Trading involves risk, including total loss on positions. Trading decisions and their consequences are your sole responsibility. Nothing on underdogexchange.com constitutes a recommendation, solicitation, or offer to buy or sell any financial instrument. UDX is subject to CFTC regulatory oversight. Promotion issued by affiliate.
LOCK IN PROMO
CODE: SBD
CODE: SBD
SIGNUP OFFER
50% MATCH
UP TO $1,000

GET OFFER

Underdog Fantasy Promo Code Details September 2026

UnderdogDetails
๐Ÿค‘ Underdog Fantasy Promo Code50% deposit match up to $1,000 + Keep Your Million – SBD
๐Ÿ’ฒ Underdog Minimum Deposit$10
๐Ÿง Underdog Deposit Methods
PayPal, Venmo, Apple Pay & Debit/Credit Card (Visa, MasterCard, American Express, Discover)
Legal Age for UnderdogNew players only, 18+, must be a resident of legal state. 21+ in AZ, MA and VA. 19+ in AL and NE.
๐ŸŒŽ Underdog Legal StatesAll US States Except: CT, HI, ID, IA, LA, MI, MT, NV, WA and ON (Canada)
๐Ÿ•’ Last VerifiedSeptember 20, 2026

The Underdog Fantasy promo code SBD is a great way to get started with one of the most popular and easy-to-use DFS apps available today. Whether youโ€™re brand new to fantasy sports or already an experienced player, Underdog Fantasy makes it simple to build entries and start playing in just minutes

With its user-friendly Pickโ€™em format and exciting player prop contests across multiple sports, Underdog has quickly become a go-to platform for DFS fans everywhere.


Underdog Deposit 50% Match Up to $1,000 + Keep Your Million

Keep Your Million starts eligible users with a virtual $1 million balance, known as Milly Bucks. Youโ€™ll answer up to 20 Higher or Lower questions, choosing how much of your virtual balance to place on each side of the projection.

The objective is to make it through all 20 questions while preserving as much of your balance as possible. If you complete the game, you can be awarded the remaining amount as Underdog bonus funds, up to $1 million.

Keep Your Million is only available to eligible new users who select the promotion as their welcome offer. Offer availability and requirements can vary, so review the current Underdog terms before signing up.

How to Claim the Underdog Offer

  1. Click โ€œCLAIM BONUSโ€ on this page to access the applicable Underdog offer in your state.
  2. Select โ€œSIGN UPโ€ and complete the account registration process.
  3. Enter the SBD promo code when prompted. The link may apply the code automatically.
  4. Make a qualifying first deposit of at least $10 to activate the applicable deposit match.
  5. Follow the promotionโ€™s requirements to unlock and complete Keep Your Million within the applicable time limits.

How Does Keep Your Million Work?

Keep Your Million gives eligible users a virtual $1 million pot of Milly Bucks. The game includes up to 20 player-projection questions, and each question requires you to choose Higher or Lower.

Step 1: Choose a question

Select a player projection and decide whether you think the playerโ€™s result will finish Higher or Lower than the listed number.

Step 2: Divide your balance

Use the slider to decide how much of your virtual balance to place on Higher and how much on Lower. You can put your entire balance on one side or split it between both.

Step 3: Submit your pick

Once you submit your selection before the applicable game begins, it is locked and cannot be changed.

Step 4: Carry your balance forward

After the question settles, the amount placed on the correct side becomes your remaining balance for the next question.

Step 5: Continue through 20 questions

Continue making Higher or Lower selections for up to 20 questions. If you successfully complete all 20, the remaining balance can be awarded as Underdog bonus funds, subject to the promotionโ€™s terms.

If your balance reaches $0 before you complete the game, you will not receive a payout. Milly Bucks are promotional funds and cannot be withdrawn or used outside of Keep Your Million.

Keep Your Million Terms and Conditions

Keep Your Million is limited to eligible users who select the promotion as their applicable welcome offer. A minimum $10 deposit may be required, along with other eligibility and timing requirements.

You cannot withdraw promotional site credit and entry tokens directly as cash. Any winnings generated through eligible play are subject to Underdogโ€™s applicable terms. Bonus entries do not expire, while bonus funds and site credits may expire.

Promotion availability, eligibility requirements, deadlines, and other terms are subject to change. Review Underdogโ€™s current terms and conditions before participating.


My NFL DFS Picks for the Early Slate, September 20, 2026

These are my three favorite DFS picks for the early slate of NFL games on Sunday!

GamePlayerMore / Less
GB vs NYJC. WatsonMore 62.5 Receiving Yards
NO vs BALD. HenryMore 83.5 Rushing Yards
MIN vs CHIC. WilliamsMore 240.5 Passing Yards

My NFL DFS Picks for the Afternoon Slate, September 20, 2026

These are my three favorite picks for the afternoon slate of NFL games on Sunday!

GamePlayerMore / Less
SEA vs ARIJ. Smith-NjigbaMore 84.5 Receiving Yards
MIA vs SFB. PurdyMore 16.5 Rushing Yards
WAS vs DALJ. DanielsLess 215.5 Passing Yards

My NFL DFS Picks for SNF, September 20, 2026

These are my three favorite DFS picks for Sunday Night Football!

GamePlayerMore / Less
IND vs KCJ. TaylorMore 0.5 Player Touchdowns
IND vs KCT. KelceMore 39.5 Receiving Yards
IND vs KCK. WalkerMore 82.5 Rushing Yards

What is Underdog Keep Your Million?

Keep Your Million is a promotional game that can be accessed by eligible new Underdog users. You are given a virtual amount of $1 million and then have to go through 20 questions as a player, deciding whether to choose Higher or Lower and also choosing how much of your balance to risk on each choice.

To unlock the promotion you must make a minimum deposit of $10; you will have 7 days to unlock Keep Your Million and then up to 60 days to complete the game.

The concept is simple: answer all 20 questions without losing your whole balance. If you have any balance left at the end, you can claim it as Underdog bonus funds. Remember, the starting amount of $1 million is a virtual balance, not real money you can withdraw.


Underdog App Review

With a sleek mobile app that features bold branding, easy-to-navigate menus, and reliable technology to keep your personal and financial details secure, the Underdog app is one of the best on the DFS market.

The Underdog app is available for Android and iOS devices through the Google Play Store and Apple App Store respectively, but using the links on this page is the easiest way to get started. Underdog has a 4.8-star rating on the App Store and players are clearly enjoying everything this DFS app has to offer.

Underdog App

Overall, Underdog offers one of the best daily fantasy sports platforms on the market.

Whether youโ€™re a rookie DFS player or a seasoned pro, youโ€™ll have a lot of fun with Underdog. Backed by investors like Kevin Durant, Mark Cuban, Adam Schefter, Scott Blumstein, and The Chainsmokers, Underdog is a reliable and trustworthy DFS operator

Pros:

  • Transparent rake that shows you how much Underdog is taking from each contest
  • Variety of games like Pickโ€™em, Snake Drafts, Battle Royale, Rivals, and Best Ball contests
  • Intuitive mobile app
  • Enticing promotions

Cons:

  • Limited number of payment methods and withdrawal options

Positions Filled Requirements

One of the best features at Underdog is their transparent rake, which is displayed when you enter a contest. The rake is the percentage of the prize pool Underdog collects once all contestants have paid their entry fee.

Building your fantasy rosters at Underdog is a process players will enjoy as positions filled requirements allow for flex and super flex entries. The positions you need to fill can differ depending on which contest youโ€™re entering and thereโ€™s a two-team rule that requires you to include players from at least two different teams for all major league sports.

In Underdog football NFL contests for example, daily contests allow for one flex (RB or WR) position entry, and a single-game roster allows four super flex positions (QB, RB, WR, TE, K). Best Ball entries allow four flex entries and 10 bench positions, while playoff Best Ball rosters are comprised of four flex positions and five bench players.


Games and Contests at Underdog

The selection of Underdog contests will keep you locked in with the action no matter which sport you like to compete in.

Hereโ€™s a quick list on some of the most popular Underdog contests and short descriptions of each:

  • Underdog Best Ball โ€“ Contestants select players through a snake draft for a season-long contest, and Underdog automatically selects the entrantโ€™s highest scoring players at the end of each sportโ€™s week.
  • Pickโ€™em โ€“ Select between two and five players and decide if they score higher or lower on certain fantasy stats. If you get five picks right, youโ€™ll earn 20X your money. These higher/lower fantasy stats are similar to over/under player props in sports betting.
  • Rivals โ€“ Contests where players pick two or more fantasy statistics (goals, points, rebounds, passing yards, etc.) to build an entry. For example, LeBron (+2.5) points vs Kevin Durant.
  • Battle Royale โ€“ Entrants select players through a snake draft, with the size of the snake draft group varying between contests. Compete against all entrants for one week as opposed to a select group.

Scoring systems for fantasy points can vary depending on which sport and what contest youโ€™re playing. Underdog offers DFS markets for all major league sports, along with alternative options like PGA an eSports contests in certain regions.

Whether youโ€™re looking for daily drafts, Best Ball drafts, weekly Battle Royales, or contests across a whole season, Underdog has you covered. Nowโ€™s a great time to jump in on daily and weekly contests in the thick of the NFL season or MLB playoffs, while season-long entries for the start of the NBA and NHL year currently present some huge opportunities. Their biggest contest, Best Ball Mania III, has been filled with 451,200 teams.

Daily contests typically range in size from 3-12 fantasy managers, with entry fees coming in at anywhere between $3 and $100.

Entry Fees, Payouts, and Prize Pools

Entry fees, payouts, and prizes also differ depending on what Underdog game youโ€™re playing, but with their transparent rake system, you can easily keep track of your wins and losses.

Best Ball Mania III is currently offering up $10 million in total prizes, with a $2 million going to the first-place winner in the biggest tournament Underdog has ever offered.

When it comes to Pickโ€™em contests, the more players you add, the higher your potential payout. Selecting the correct higher or lower stat for two players will double your stake, three correct picks will 6X your money, four accurate choices will earn you 10X, while the maximum five player picks will 20X your entry.

You can find all the details on entry fees, number of entrants, total prizes, rankings, and Underdogโ€™s rake on each contest. Underdog offers plenty of details on its contests, whichall players will appreciate.


Underdog Fantasy Promo Code vs Top DFS Promo Codes

PlatformDetailsWin / Lose Conditions
Underdog50% deposit match up to $1,000Deposit match requires wagering before withdrawal
PrizePicksPlay $5, Get $150 If You Win
Cash credited as site credits; must be used in contests before cashing out
ChalkboardFree Pick + 100% Deposit Match up to $100Free entries available immediately; deposit match requires wagering before withdrawal
DraftKings Pick6Play $5+ on First Paid Entry, Get $50 in Pick6 CreditsBonus issued as site credits; winnings from bonus funds can be withdrawn after playthrough
Dabble FantasyFree $10 Bonus at Signup (No Deposit Required)Bonus credited as site credits; must be used in contests before winnings can be withdrawn
BetrTwo No Sweat Entries, up to $200 Back in Bonuses + Free PickNo Sweat Entries and bonus refunds credited as site credits; must be used in contests before cashing out

DFS sites are available in numerous states and provinces in US and Canadian markets, so weโ€™ll quickly focus on where Underdog isnโ€™t currently available.

Underdog was available in the province of Ontario, however due to new laws put in place for legal sports betting, Underdog decided to pull their product from Canadaโ€™s most populated market. Underdog Michigan was available at one point, but they have also removed their product from the Great Lakes State for the time being.

Weโ€™re keeping this page updated as Underdog continues to evaluate their market strategy.


Underdog Deposits and Withdrawals

While payment methods and withdrawal options are somewhat limited at Underdog, they still offer popular and safe options to fund your account and collect any winnings.

Underdog deposit methods include PayPal and credit cards like Visa, MasterCard, American Express, and Discover. Underdog withdrawal options include PayPal and online banking transfers. While these options are slightly more limited than other operators like DraftKings and FanDuel, collecting your Underdog payouts is still easy and fast.

Underdog payout times depend on which withdrawal method youโ€™re using. PayPal withdrawals will typically be completed within a couple days, while online banking can take between three and five business days.

Underdog Withdrawal Time

Withdrawal times at Underdog depend on the method you choose and standard banking processing speeds. PayPal withdrawals are usually the fastest, often completing within 24-48 hours once approved. Online banking transfers take longer, typically ranging from 3 to 5 business days before funds fully hit your account.


Underdog Customer Service Overview

The Underdog support team is extremely helpful in case you run into any issues or have specific questions.

Underdog customer support options include email and phone service. They reached out to us via email shortly after registering asking if we had any questions, which was a nice touch that we havenโ€™t seen at many other sites.

The Underdog support team has a reputation for being extremely helpful, so donโ€™t hesitate to reach out to them if you run into any issues.

  • SPLASH SPORTS DFS

    USE CODE SBDIME & GET 50% DEPOSIT MATCH UP TO $500

  • DABBLE FANTASY

    PLAY $5, GET $50 IN BONUS BETS WITH CODE SBDIME

  • BETR PICKS

    USE CODE SBDIME & GET 4 NO SWEAT TOKENS, A FREE PICK & UP TO $200 BACK!

  • PRIZEPICKS

    PLAY $5 & GET $150 IN LINEUPS IF YOU WIN!

  • UNDERDOG FANTASY

    50% DEPOSIT MATCH UP TO $1,000 & KEEP YOUR MILLION WITH CODE SBD!

  • CHALKBOARD DFS

    GET A $500 DEPOSIT MATCH + FREE PICK

  • FLIFF SOCIAL SPORTSBOOK

    SPEND $5 & GET $50 IN FREE PLAY WITH CODE DIME50

  • DRAFTKINGS FANTASY

    DEPOSIT $5+ & GET A WEEK 1 FANTASY FOOTBALL MILLIONAIRE TICKET!

  • DRAFTKINGS PICK6

    PLAY $5, GET $50 INSTANTLY IN BONUS PICKS!

  • DRAFTKINGS DFS T&Cs: Gambling Problem? Call 1-800-GAMBLER or 877-8-HOPENY/text HOPENY (467369) (NY). Help is available for problem gambling. Call (888) 789-7777 or visit ccpg.org (CT). 18+ in most eligible states, but age varies by jurisdiction. Eligibility restrictions apply. Void where prohibited. 1 per new DraftKings customer. Min. $5 deposit req. Reward issued as 1x $5 ticket valid for use only on NFL Week 1 Fantasy Football Millionaire Contest on 9/13/26. Ticket reward is site credit, single-use, non-withdrawable, and expires at contest lock on 9/13/26. See terms at draftkings.com/promos. Ends 9/13/26 at 1:00 PM ET. Sponsored by DK.

  • DRAFTKINGS PICK6 T&Cs: Gambling Problem? Call 1-800-GAMBLER. Help is available for problem gambling. Call (888) 789-7777 or visit ccpg.org (CT). 18+ (19+ AL/NE, 21+ AZ/IL/MA/VA). Valid only where Pick6 operates, see dkng.co/pick6states. Void in NY/AB/ONT and where prohibited. Eligibility restrictions apply. 1 per new DraftKings customer. First $5+ paid Pick Set to receive max. $50 issued as non-withdrawable Bonus Picks that expire in 14 days (336 hours). Ends 9/20/26 at 11:59 PM ET. Terms: pick6.draftkings.com/promos Sponsored by DK.


Underdog Fantasy Promo Code FAQs

Still have questions about Underdog? Here are some quick answers to Underdog FAQs:

Is Underdog trustworthy?

Yes, Underdog is a trustworthy DFS operator. As one of the only daily fantasy sports platforms to show a transparent rake and numerous other reliable features, Underdog is totally legit.

Is Underdog a good app?

Yes, Underdog is a good app. The Underdog app has a 4.8-star rating on the App Store, and itโ€™s extremely enjoyable.

Do Underdog contests have a salary cap?

No, Underdog contests do not have a salary cap. Unlike other DFS operators like DraftKings and FanDuel, contests at Underdog do not use a salary cap.

How does Underdog payout?

Underdog payouts depend on what contest youโ€™re playing, however, the withdrawal options remain the same. You can collect your Underdog payouts through PayPal and online banking.

What is the minimum deposit for Underdog?

The minimum deposit for Underdog is $10. The minimum entry fee for Underdog contests is $3.

Is Underdog legal?

Yes, Underdog is legal in 41 states and nine provinces. That means Underdog is available in most North American markets.

Where is the Underdog app available?

The Underdog app is available in most American and Canadian markets. The Underdog app is not available in CT, DE, HI, ID, IA, LA, MI, MT, NV, and ON (Canada).

Is there a promo code for Underdog?

Yes, the best Underdog Fantasy promo code is โ€˜SBDโ€™. Use the โ€˜SBDโ€™ promo code for Underdog to claim your 50% deposit match up to $1,000 .

Daniel Destler

Danny Destler is a daily fantasy sports (DFS) and sports betting expert. A graduate of Marist University, Dan covers a wide range of sports topics, creating engaging and evergreen content for DFS enthusiasts and casual fans.