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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 [update] the company had a 485 million dollar valuation. [2] [3]
"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" is a mode in which players will build a parlay with player props. Players can 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]
The National Basketball Association (NBA) is a men's professional basketball league in North America composed of 30 teams. It is one of the major professional sports leagues in the United States and Canada and is considered the premier professional basketball league in the world.
Parimutuel betting or pool betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the "house-take" or "vigorish" are deducted, and payoff odds are calculated by sharing the pool among all winning bets. In some countries it is known as the tote after the totalisator, which calculates and displays bets already made.
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.
Madden NFL is an American football sports video game series developed by EA Orlando for EA Sports. The franchise, named after Pro Football Hall of Fame coach and commentator John Madden, has sold more than 130 million copies as of 2018. Since 2004, it has been the only officially licensed National Football League (NFL) video game series, and has influenced many players and coaches of the physical sport. Among the series' features are detailed playbooks and player statistics and voice commentary in the style of a real NFL television broadcast. As of 2013 the franchise has generated over $4 billion in sales, making it one of the most profitable video game franchises on the market.
Sports betting is the activity of predicting sports results and placing a wager on the outcome.
A parlay, accumulator, combo bet, or multi is a single bet that links together two or more individual wagers, usually seen in sports betting. Winning the parlay is dependent on all of those wagers winning together. If any of the bets in the parlay lose, the entire parlay loses. If any of the plays in the parlay ties, or "pushes", the parlay reverts to a lower number of wagers with the payout odds reducing accordingly. Parlay bets are high-risk, high-reward; linking the possibilities drastically reduces the chance of the bet paying off overall. The benefit of the parlay is that there are much higher pay-offs, although as usual, casinos and bookkeepers offering parlays often exploit the poor calculation of gamblers by not increasing the pay-out as much as the odds truly demand, with the effect of the house edge increasing in parlays.
Yahoo! Sports is a sports news website launched by Yahoo! on December 8, 1997. It receives a majority of its information from STATS, Inc. 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.
Sport industry is an industry in which people, activities, business, and organizations are involved in producing, facilitating, promoting, or organizing any activity, experience, or business enterprise focused on sports. It is the market in which the businesses or products offered to its buyers are sports related and may be goods, services, people, places, or ideas.
FanDuel Group is an American gambling company that offers sportsbook, daily fantasy sports, horse racing, and online casino. 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.
Sportsbook Review (SBR) is an American sportsbook reviews and betting analysis website. It also provides sports analytics and related commentary.
Jared Thomas Goff is an American football quarterback for the Detroit Lions of the National Football League (NFL). He played college football for the California Golden Bears, setting Pac-12 Conference season records for passing yards and passing touchdowns. Goff was selected first overall by the Los Angeles Rams in the 2016 NFL draft.
Betway is an online gambling company. Founded in 2006, it offers betting and gambling products including sportsbook and online casino. Betway has offices in London, Malta, Guernsey, and Cape Town, South Africa.
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.
The 2018 NBA Finals was the championship series of the National Basketball Association's (NBA) 2017–18 season and conclusion of the season's playoffs. In this best-of-seven playoff, the defending NBA champion and Western Conference champion Golden State Warriors swept the Eastern Conference champion Cleveland Cavaliers four games to zero. The Warriors became the 7th NBA franchise to win back-to-back championships, joining the Los Angeles Lakers, Boston Celtics, Detroit Pistons, Chicago Bulls, Houston Rockets, and Miami Heat. This year's Finals was the first time in any of North America's four major professional sports leagues that the same two teams met for the championship four years in a row. Golden State Warriors small forward Kevin Durant was named NBA Finals Most Valuable Player (MVP) for the second straight year. Kevin Durant became the first and only player ever in the history of the Warriors franchise to win two consecutive NBA Finals MVP Awards and also the first and only player ever in the history of the NBA to have been named two NBA Finals MVP in the first two seasons with a team.
Dream11 is an Indian fantasy sports platform that allows users to play fantasy cricket, hockey, football, kabaddi, handball, basketball, volleyball, rugby, futsal, American football and baseball. In April 2019, Dream11 became the first Indian fantasy sport company to become a unicorn. In November 2021 Dream11 was valued at $8 billion. In October 2023, Dream11 reached a milestone of 200 million users.
Amon-Ra Julian Heru John St. Brown is an American football wide receiver for the Detroit Lions of the National Football League (NFL). He played college football at USC and was drafted by the Lions in the fourth round of the 2021 NFL draft. St. Brown was voted to the Pro Bowl in 2022 and 2023, along with being named first-team All-Pro in 2023.
Tanking in sports refers to the practice of intentionally fielding non-competitive teams to take advantage of league rules that benefit losing teams. This is a much more common practice in American sports that utilize closed leagues than in open sports leagues in other nations, which typically penalize poor performers using a promotion and relegation system, in which the worst teams after each season are sent to a lower-tiered league and replaced with that league's best teams. Relegation costs teams revenue and makes it more difficult for them to attract top talent, making tanking unfeasible. Tanking teams are usually seeking higher picks in the next draft, since league rules generally give the highest draft picks to the previous season's worst teams. Teams that decide to start tanking often do so by trading away star players in order to reduce payroll and bring in younger prospects. While the terms tanking and rebuilding are sometimes used interchangeably, there are differences between the two concepts.
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.
NBA 2K Mobile is a free to play basketball video game developed by Cat Daddy Games and published by 2K Sports, based on the National Basketball Association, and is a spin-off title of the NBA 2K series. It was officially released on November 19, 2018, for iOS and pre-register for Android.