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Underdog Predict Review 2026: Combine Predictions With Fantasy — Best for Sports Fans Who Want Both

By The WouldYouBet Team · Published June 2026 · CFTC (Aristotle Exchange)

How we rate

Our score is a weighted composite we work out ourselves — we open and fund a real account, place and exit trades, test support and read the fine print, then weigh regulation, liquidity, fees, app quality and bonus value into one rating out of 5.

Read our full methodology →

Underdog made its name in daily fantasy and pick’em, and in 2026 it bet the whole company on prediction markets — even buying its own CFTC exchange to do it. The result, Underdog Predict, does something nobody else does: it lets you fold a yes/no event contract into the same entry as your fantasy player picks. For sports fans who already live in the Underdog app, that crossover is the hook. Here’s how it works.

Visit Underdog Predict →

Underdog Predict at a Glance: Bonus, Markets, Fees & Key Facts (2026)

Our rating4.0 / 5 — ★★★★☆ (see how we rate)
LaunchedUnderdog Predict launched September 2025, inside the Underdog app
OperatorUnderdog (CEO Jeremy Levine); now on its own Aristotle Exchange (CFTC DCM + DCO), acquired March 2026
RegulationCFTC-regulated event contracts; moving from Crypto.com’s CDNA to its native Aristotle exchange
Available~31 states + DC, 18+ (including California, Texas, and Florida)
Welcome bonusNo dedicated Predict bonus; Underdog’s fantasy welcome offer and $10 referral are tied to its pick’em product
FeesFlat $0.02 per contract, built into your buy; no fee to sell
Standout feature“Combo” entries — the only platform that mixes prediction contracts with fantasy picks
Best forSports fans who want event trading and fantasy in one app

The quick verdict

Underdog Predict is the sports fan’s crossover play. The killer feature is unique — you can blend a prediction contract with traditional fantasy picks in a single “Combo” entry — and the sports depth is genuinely good, right down to player props. Owning its own CFTC exchange now gives it real staying power, too. The catches: there’s no dedicated welcome bonus for predictions, there’s no order book (you take the posted price), and it’s live in about 31 states. If you already use Underdog for fantasy, this is a natural extension; if you want politics depth or a signup offer, look elsewhere.

How Underdog Predict works

You take a “Yes” or “No” position on a sports outcome — a game winner, a spread, a player prop — with contracts priced from $0.01 to $0.99 that pay $1 if you’re right and nothing if you’re wrong, the price tracking the market’s implied odds. What makes Underdog different is two things. First, it skips the order book: rather than posting a limit price and waiting for a match, you buy or sell instantly at whatever the market shows, which keeps things fast and simple. Second — and this is the headline trick — you can drop a prediction contract into the same entry as your fantasy player picks, creating a hybrid “Combo” that no other platform offers. It’s event trading built for people who already think in fantasy terms.

Underdog Predict Promo Code & Welcome Offer 2026

Dedicated Predict bonusNone — no welcome offer built specifically for prediction trading
What exists insteadUnderdog’s fantasy welcome offer and a $10 refer-a-friend bonus, both tied to its pick’em product
Promo codeNo code needed — sign up through our Underdog link
Key terms18+; KYC verification; $10 deposit minimum; fantasy bonuses generally can’t be applied to Predict contracts
VerifiedJune 2026

Underdog bonus and how to claim it

Straight answer: there’s no welcome bonus built for prediction markets. Underdog does run a well-known fantasy welcome offer and a $10 refer-a-friend deal, but those are attached to its daily-fantasy and pick’em side, and they generally can’t be spent on Predict event contracts — a common limitation across CFTC-regulated exchanges. So treat the fantasy promos as a reason to explore the wider app, not as fuel for your prediction trades.

  1. Download the Underdog app through our link and create an account (18+, with KYC verification).
  2. Complete your player profile — you’ll need it before the Predict markets unlock.
  3. Fund at least $10 by debit card (including Apple Pay) or Trustly bank transfer — Predict doesn’t take credit cards or e-wallets like PayPal.
  4. Open the Predict (Team Picks) section and place your first trade, or build a Combo with fantasy picks.
If the Combo feature is what drew you in, note that most of your entry fee goes toward the prediction contracts — only around 10% is allocated to the fantasy pick portion. It’s a genuinely novel format, just worth understanding how the money splits before you build one.

Using Underdog Predict

Trading a game, then comboing it
You like San Francisco to win, and “Yes” contracts are trading at 55¢. You buy 100 for $55 (with the flat $0.02-per-contract fee built in). If they win, those settle at $1 each — $100, a $45 profit. If the starting quarterback gets ruled out and the price slides to 30¢, you can sell early to cut the loss. Or, instead of trading it straight, you fold that “Yes” into a Combo alongside a couple of fantasy player picks — one entry, mixing a market contract with over/under projections, which is something you simply can’t build anywhere else.

Markets overview

Sports are the heart of it, and the coverage is deep: 25-plus sports including the NFL, NBA, MLB, NHL, college football, tennis, and soccer, with game winners, spreads, totals, futures, and — unusually for the category — player props like rushing, passing, and receiving yards or touchdowns. Beyond games you’ll find politics (the California governor’s race, Senate control), economics (Fed rate decisions and macro indicators), crypto trends, culture (Grammys and Oscars — Best Picture, Album of the Year and the like), and newer weather markets such as 2026 hurricane landfalls. The non-sports menu is real but secondary; this is a sports-first platform, and proudly so.

How Underdog Predict compares

Nobody else offers the Combo, so on that feature Underdog stands alone. Against the sportsbook-style apps (DraftKings, FanDuel), it matches the no-sportsbook-state reach and adds the fantasy crossover, though it lacks their welcome bonuses. Against Kalshi and Polymarket, it trades breadth and an order book for sports depth and that hybrid format. It’s most directly comparable to Novig — both are sports-first exchanges — but Underdog leans on its huge fantasy audience and player-prop coverage, while Novig leans on no-vig pricing. If you live in fantasy already, this is the easiest jump.

App ratings and user feedback

25+sports
~31states + DC
Combounique feature

Predict lives inside the main Underdog app rather than as a separate download, so it inherits the polish of a product that’s already a favorite with fantasy players — clean, fast, and easy to navigate. Users praise how seamlessly event contracts sit next to pick’em, and the Combo format gets singled out as genuinely fun. The fair criticisms: there’s no order book, so you can’t set a target price and wait for a fill; the non-sports markets are shallower than a dedicated exchange’s; and Underdog’s pivot has been bumpy behind the scenes, with layoffs in early 2026 as it reorganized around predictions. These notes reflect June 2026.

What’s new at Underdog Predict in 2026

2026 was a dramatic year for Underdog. In March 2026 it acquired Aristotle Exchange — a CFTC-registered Designated Contract Market and clearing organization, and the same exchange that powers PredictIt (though PredictIt itself wasn’t part of the deal) — giving Underdog its own federally regulated, self-clearing rails instead of leaning on Crypto.com’s CDNA. CEO Jeremy Levine has been blunt that the company sees prediction markets as fundamentally a sports product, and it backed that up by shutting its North Carolina sportsbook and withdrawing its Missouri sportsbook application in late 2025, then reorganizing the business (including layoffs) to go all-in on Predict. World Cup group-stage contracts drove record volume, and the platform keeps widening its non-sports menu with weather and macro markets. The throughline: Underdog is now a prediction-markets company that happens to have a fantasy app, not the other way around.

Where Underdog Predict is legal, plus age and tax rules

Underdog Predict is available in about 31 states plus DC to users 18 and older, and crucially that includes the big no-sportsbook states — California, Texas, and Florida — because event contracts fall under federal CFTC jurisdiction rather than state gambling law. That same federal classification is being contested: the CFTC and DOJ sued Arizona, Connecticut, and Illinois in April 2026 over their attempts to restrict regulated prediction markets, so the state map can move. The app confirms availability where you are.

On taxes, Predict is a separate product from Underdog’s fantasy contests, with its own distinct tax treatment, and any profit is taxable income. Keep records of your Predict trades specifically — not lumped in with fantasy — and consult a CPA for larger sums.

Support

Support runs through Underdog’s standard channels: in-app help and email, backed by a help center, the same setup fantasy players already use. There’s no phone line. One honest caveat — Underdog trimmed staff (including in customer support) during its 2026 reorganization, so response times can be slower than at a giant like Crypto.com. Banking for Predict is deliberately narrow: debit cards and Trustly only, with withdrawals typically landing within 48 to 72 hours.

Pros and cons

Pros

  • Unique Combo: mix predictions with fantasy picks
  • Deep sports coverage, including player props
  • Now runs on its own CFTC exchange (Aristotle)
  • Legal in CA, TX, FL and ~31 states total
  • Polished app that fantasy fans already know

Cons

  • No dedicated prediction-markets bonus
  • No order book or resting limit orders
  • Non-sports markets are shallow
  • Reorganization and layoffs may slow support

Bottom line: our verdict

The verdict across reviews is that Underdog Predict is the most fun crossover in the category and the most clearly sports-obsessed, and we’d put it the same way. The Combo feature is a legitimate first — nowhere else lets you blend an event contract with fantasy picks — the player-prop depth is a treat, and buying its own exchange signals Underdog is serious about being here for the long run. For an existing fantasy player, it’s the most natural step into prediction markets there is.

Just know the limits going in: no welcome bonus for predictions, no order book for price-setters, and a non-sports menu that’s thinner than a dedicated exchange’s. If those don’t bother you — and you want sports trading and fantasy under one roof — Underdog is a standout. If you want politics depth, a signup offer, or limit orders, pair it with Kalshi.

How we rate Underdog Predict

4.0/5
★★★★☆
wouldyoubet.com rating — verified June 2026

We arrive at a score by adding up what’s checkable, and Underdog’s 4.0 reflects a strong sports specialist with a genuinely novel hook. We weighed its popularity and brand (one of the fastest-growing sports companies in the US, with a big fantasy audience to convert), the standout Combo feature and deep player-prop coverage, the strategic weight of owning its own Aristotle exchange, the complaints that recur (no Predict bonus, no order book, shallow non-sports markets, a bumpy reorganization), and how it reads in the press — an aggressive all-in pivot to prediction markets, set against the execution risk that pivot carries.

From there we work through the offer, the ownership and exchange, the support setup, the rival comparisons, and the questions sports fans ask — and that produces the score. Underdog Predict earns 4.0/5: a polished, sports-deep platform with a one-of-a-kind fantasy crossover and its own federally regulated exchange, kept from a higher mark by the missing bonus, the lack of an order book, and a thinner non-sports menu. This is a June 2026 read, refreshed as the platform’s transition settles.

Underdog Predict FAQ

What is Underdog’s Combo feature?

It’s Underdog Predict’s signature trick: you can blend a yes/no prediction contract with traditional fantasy player picks in a single entry — something no other platform offers. Most of the entry fee goes to the contracts, with roughly 10% allocated to the fantasy portion.

Does Underdog Predict have a welcome bonus?

Not one built for predictions. Underdog’s fantasy welcome offer and $10 refer-a-friend bonus are tied to its pick’em product and generally can’t be applied to Predict event contracts. There’s no code to enter through our link.

Is Underdog Predict legal and regulated?

Yes. It offers CFTC-regulated event contracts — historically through Crypto.com’s CDNA exchange, and now increasingly on its own Aristotle Exchange (a CFTC DCM and DCO it acquired in March 2026). That federal classification is why it operates in states without legal sportsbooks.

What states is Underdog Predict available in?

About 31 states plus DC for users 18 and older, including California, Texas, and Florida. The app confirms your eligibility, and the map can shift as the legal fights over prediction markets play out.

Can I trade player props on Underdog?

Yes — player props (rushing, passing, receiving yards, touchdowns and more) are part of the menu, which is deeper on the sports side than many rivals, alongside winners, spreads, totals, and futures.

What fees does Underdog Predict charge?

A flat $0.02 per contract, built into your purchase, with no additional fee when you sell or close. Buy 100 contracts and you’re paying $2 in fees, regardless of the contract price.

Does Underdog Predict have an order book?

No. You buy or sell instantly at the posted price rather than setting a target and waiting for a match. It keeps things fast, but it means no resting limit orders.

How do I fund my Underdog Predict account?

By debit card (including Apple Pay) or Trustly bank transfer, with a $10 minimum. Predict doesn’t accept credit cards or e-wallets like PayPal, in line with financial-exchange rules. Withdrawals usually arrive within 48 to 72 hours.

How are Underdog Predict winnings taxed?

Predict is a separate product from Underdog’s fantasy contests, with its own tax treatment, and profits are taxable income. Track your Predict trades separately and consult a CPA for larger amounts.

How do I contact Underdog support?

Through in-app help and email, backed by a help center. There’s no phone line, and response times can run slower following the company’s 2026 staffing changes.

Event-contract trading involves real risk — your stake and fees can be lost. 18+. Availability and offers vary by state and change over time, so confirm the current details in the app. If gambling stops being fun, call 1-800-GAMBLER.