Underdog Fantasy Sports

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Underdog Fantasy Sports is an online daily fantasy sports website and mobile app. [1] Founded in 2020, its investors include Mark Cuban, Jared Goff, Kevin Durant, and Adam Schefter. The app was launched in 2020, and as of July 2022 the company had a 485 million dollar valuation. [2] [3]

Contents

Best Ball

"Best ball" is a season-long, weekly long, and daily 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

"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]

Payouts for flex bets are as follows: [5]

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. [6]

Related Research Articles

A fantasy sport is a game, often played using the Internet, where participants assemble imaginary or virtual teams composed of proxies of real players of a professional sport. These teams compete based on the statistical performance of those players in actual games. This performance is converted into points that are compiled and totaled according to a roster selected by each fantasy team's manager. These point systems can be simple enough to be manually calculated by a "league commissioner" who coordinates and manages the overall league, or points can be compiled and calculated using computers tracking actual results of the professional sport. In fantasy sports, as in real sports team owners draft, trade, and cut (drop) players.

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Fantasy football is a game in which the participants serve as owners and general managers of virtual professional American football teams. The competitors select their rosters by participating in a draft in which all relevant National Football League (NFL) players are available. Fantasy points are awarded in weekly matchups based on the actual performances of football players in real-world competition. The game typically involves the NFL, but can also involve other leagues, such as the Canadian Football League or NCAA.

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Kevin Wayne Durant, also known by his initials KD, is an American professional basketball player for the Phoenix Suns of the National Basketball Association (NBA). Widely regarded as one of the greatest players in NBA history, Durant has won two NBA championships, an NBA Most Valuable Player Award, two Finals MVP Awards, two NBA All-Star Game Most Valuable Player Awards, four NBA scoring titles, the NBA Rookie of the Year Award, been named to 11 All-NBA teams, and selected 14 times as an NBA All-Star. In 2021, Durant was named to the NBA 75th Anniversary Team. As a member of the U.S. men's national team, Durant has won three gold medals in the Olympics and is the leading scorer in Team USA's men's Olympic basketball history. He also won gold at the 2010 FIBA World Championship.

<span class="mw-page-title-main">Yahoo! Sports</span> Sports news website

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Sportsbook Review (SBR) is an American sportsbook reviews and betting analysis website. It also provides sports analytics and related commentary.

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DraftKings Inc. is an American daily fantasy sports contest and sports betting company. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major American sports, Premier League and UEFA Champions League football, NASCAR auto racing, Canadian Football League, the XFL, mixed martial arts (MMA), Boxing, Tennis, All Elite Wrestling (AEW), and WWE.

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<span class="mw-page-title-main">Jared Shuster</span> American baseball player (born 1998)

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References

  1. Lammey, Mark (2024-02-10). "Underdog Fantasy Review: Complete Guide for 2024". FanNation. Retrieved 2024-03-19.
  2. "Underdog Fantasy Raises $10 Million From Kevin Durant, Mark Cuban, Jared Goff and Others". www.sportsbusinessjournal.com. 2021-05-03. Retrieved 2024-03-19.
  3. "How Did Underdog Fantasy Dodge Sinking US Sports Betting Valuations?".
  4. 1 2 3 "Everything you need to know about Underdog Fantasy". fantasylife.com. Retrieved 2024-03-19.
  5. "Underdog Fantasy: Pick'em and Season-long Fantasy for NFL, NBA & more". underdogfantasy.com. Retrieved 2024-05-30.
  6. "UnderDog Fantasy States | Where Can You Play in March, 2024?". Against The Spread Betting Information, News, Sportsbook Reviews - ATS.io. Retrieved 2024-03-19.