Underdog Fantasy Sports

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Underdog Fantasy Sports is an online daily fantasy sports website and mobile app [1] that is legal in several U.S. states. [2] The app was launched in 2020, and was valued at $485 million in 2022. [3] [4]

Contents

Games

Best ball

"Best ball" is a season-long, weekly, 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 user's score. [5]

Pick'em

"Pick'em" is a mode in which players will build a parlay with player props. Players can select over or under on a specific player's 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. [5]

Underdog is legal for playing best ball and pick'em contests in 31 U.S. states. Only best ball mode is offered in nine of the states; the app is not yet legal in Connecticut, Delaware, Hawaii, Idaho, Iowa, Louisiana, Michigan, Montana, Nevada, and Washington. [2]

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.

Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome, such as fixed-odds betting or parimutuel betting.

<span class="mw-page-title-main">Fantasy football (gridiron)</span> Reality-based football game

Fantasy football is a game in which the participants serve as owners and general managers of virtual gridiron 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.

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

<span class="mw-page-title-main">Sports betting</span> Form of gambling

Sports betting is the activity of predicting sports results and placing a wager on the outcome.

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

Evoke plc, formerly 888 Holdings Limited, is an international sports betting and gambling company. It owns brands such as 888casino, 888poker, 888sport, Mr Green, and William Hill. Business operations are led from its headquarters in London, alongside satellite offices in Bucharest, Ceuta, Gibraltar, Leeds, Malta, Sofia, and Tel Aviv. It is listed on the London Stock Exchange.

Mobile gambling refers to playing games of chance or skill for money by using a remote device such as a tablet computer, smartphone or a mobile phone with a wireless internet connection. Over a hundred mobile casinos were operating as of December 2013, with most of the big casino operators in gambling now providing a mobile platform for their player base.

MLB.com is the official site of Major League Baseball and is overseen by Major League Baseball Advanced Media, L.P.. MLB.com is a source of baseball-related information, including baseball news, statistics, and sports columns. MLB.com is also a commercial site, providing online streaming video and streaming audio broadcasts of all Major League Baseball games to paying subscribers, as well as "gameday", a near-live streaming box score of baseball games for free. In addition, MLB.com sells official baseball merchandise, allows users to buy tickets to baseball games, runs fantasy baseball leagues, and runs auctions of baseball memorabilia. In association with HB Studios, MLB.com has also developed recent R.B.I. Baseball installments.

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

Yahoo! Sports is a sports news website launched by Yahoo! on December 8, 1997. It receives a majority of its information from Stats Perform. It employs numerous writers, and has team pages for teams in almost every North American major sport. Before the launch of Yahoo Sports, certain elements of the site were known as Yahoo! Scoreboard.

<span class="mw-page-title-main">Sporcle</span> Trivia quiz website

Sporcle is a trivia and pub quiz website created by trivia enthusiast Matt Ramme. First launched on April 23, 2007, the website allows users to play and make quizzes on a wide range of subjects, with the option of earning badges by completing challenges.

Daily fantasy sports (DFS) are a subset of fantasy sport games. As with traditional fantasy sports games, players compete against others by building a team of professional athletes from a particular league or competition while remaining under a salary cap, and earn points based on the actual statistical performance of the players in real-world competitions. Daily fantasy sports are an accelerated variant of traditional fantasy sports that are conducted over short-term periods, such as a week or single day of competition, as opposed to those that are played across an entire season. Daily fantasy sports are typically structured in the form of paid competitions typically referred to as a "contest"; winners receive a share of a pre-determined pot funded by their entry fees. A portion of entry fee payments go to the provider as rake revenue.

FanDuel Group is an American gambling company that offers sportsbook, daily fantasy sports, horse racing, and online casino services. The company operates sportsbooks in a number of states including New Jersey, Pennsylvania, Indiana and West Virginia, as well as an online horse race betting platform, and a daily fantasy sports service.

<span class="mw-page-title-main">Score Media and Gaming</span> Canadian media company

Score Media and Gaming Inc., doing business as theScore, is a Canadian digital media company based in Toronto. It was founded in 2012 by John S. Levy, the company's Chief Executive Officer and Chairman. The company owns and operates digital sports media and sports betting products which deliver sports scores, data, news, and sports book offerings via emerging and established platforms. The company also previously owned The Score Television Network, which was acquired by Rogers Communications in October 2012 and is today known as Sportsnet 360. The transaction did not include the Score's digital media assets, including its mobile apps and websites, which they still own and operate.

<span class="mw-page-title-main">DraftKings</span> Daily fantasy sports content provider

DraftKings Inc. is an American gambling company based in Boston, Massachusetts. It offers sportsbook and daily fantasy sports (DFS) services.

<i>Ludo King</i> Free-to-play video game application

Ludo King is a free-to-play mobile game application developed by Gametion Technologies Pvt Ltd, a game studio based in Navi Mumbai, India. Gametion is owned by Vikash Jaiswal. The game is developed on the Unity game engine and is available on Android, iOS, Kindle, Windows Phone and Microsoft Windows platforms. The game is a modernization of the board game Ludo, which is based on the ancient Indian game of Pachisi.

Monkey Knife Fight was a daily fantasy sports (DFS) platform that offers daily contests in a range of professional sports and eSports leagues. Users enter simple fantasy contests on its website and win money if they predict the outcome correctly. Contests are available for NFL, NBA, MLB NHL, Esports, Golf, Soccer, WNBA, and NASCAR events.

Fantasy sports came to India in the later half of the 2010s. The Federation of Indian Fantasy Sports (FIFS) serves as the primary self-regulatory industry body. As of January 2024, the sector is valued at approximately ₹45,000 crore with over 180 million active users.

Fantasy Premier League (FPL) is the official free-to-play fantasy football game of the English Premier League. With over 10 million players, it is the largest fantasy football game of any domestic football league.

SidePrize LLC, also known as Performance Predictions LLC, is an American daily fantasy sports (DFS) operator doing business as PrizePicks. The company is known for offering DFS contests, such as "pick 'em"-styled games for its users. Headquartered in Atlanta, PrizePicks has encountered contentious legal issues due to its distinction as a DFS operator, as opposed to a sportsbook.

References

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