Underdog Promo Code PCOM: Play $10, Get $50 in Bonus Entries - November 2026

New players should enter the Underdog promo code PCOM when registering, then verify their ID and location. To unlock the play $10, get $50 offer, deposit $10 or more and place one eligible entry of $10. Underdog then gives you $50 in Bonus Entries that you can use on fantasy entries in the Underdog mobile app.

Bonus Entries can’t be used on standalone prediction picks, but can make up combos pairing one prediction with at least two fantasy picks. If one wins, you’re paid the winnings but not the stake, and those winnings are withdrawable. You then have 14 days from issue to play the bonus through once. Conditions can vary by state and product, so always check the latest rules in the app before depositing.

Play $10, Get $50 is one of three welcome offers the PCOM Underdog promo code unlocks. New users can instead take a 50% deposit match up to $1,000, which needs a $2,000 deposit to reach the full amount, or five free Rips packs. You can only choose one, and the choice is final. Note that the offers you see can depend on your state. The table below compares the three options.

I’d place my qualifying $10 entry on a two-pick Pick’em built around a single game, such as Jaguars vs. Ravens or Browns vs. Saints. You can choose higher or lower on player stat lines like passing yards or rushing yards, or pick a team to cover the spread or win outright. I’d avoid Drafts, which don’t count toward the offer, and I’d leave the entry alone once it’s placed, since Underdog only credits the $50 after its cancellation window closes.

Once the Bonus Entries land in the Promos tab of the app, I’d spread them across several smaller entries over the same few days. Quick-settling games make this easy, such as Ohio vs. Akron in midweek college football, or NBA games like 76ers vs. Pistons and Hawks vs. Wizards. Settling inside a day or two keeps you well within the 14-day window. Bonus Entries only pay winnings, not your stake back, so I’d size each entry with that in mind.

If you want prediction market exposure, I’d build a combo. Bonus Entries only work on prediction picks when they’re part of a combo, which needs one Prediction Pick plus two fantasy picks. For Jaguars vs. Ravens, that could be the Ravens to win, plus higher on the Ravens quarterback’s passing yards and lower on the Jaguars’ lead running back’s rushing yards.

The Underdog PCOM offer is for eligible new users. You need to place one eligible $10 entry, and the $50 in Bonus Entries must be played through within 14 days of being issued. The 50% match works to the same 14-day deadline.

I’ve placed the main prediction market promos side by side so you can compare the bonus type, deposit requirement and key restrictions rather than looking only at the biggest headline number.

Claiming the Underdog PCOM offer takes four main steps, including choosing your welcome offer from the three available. I recommend completing the process soon after registration, so you have plenty of time to place your qualifying entry and play the bonus through within 14 days.

Underdog Predict is sports-first. In terms of its trending markets, NFL games lead the board, with a new slate every week, followed by the NBA, NHL and college football and basketball. My top picks are below.

Underdog’s NFL markets cover single games and player picks. You can trade the winner, spread and total for each game. This week’s Thursday night game, Jaguars at Ravens, is an easy place to start. At the time of writing, the Jaguars were priced at 81¢ to win, with the Ravens at 20¢.

Those cents reflect the market’s implied chance of winning. An 81¢ Jaguars contract pays $1 if Jacksonville wins, so the market implies roughly an 81% chance, while the Ravens at 20¢ imply about 20%. The favorite pays less: before fees, a winning Jaguars contract earns about 19¢ of profit, while a winning Ravens contract earns about 80¢. The two prices can add up to slightly more than $1 because of the gap between buy and sell prices. Underdog charges an exchange fee, so your payout may be slightly lower than the quoted price implies.

Single-game markets are the simplest to get into. They work like a moneyline, spread or total and settle the same day. Learn more on our NFL odds page.

The NBA is in season, so there’s a slate almost every night. Underdog Predict lists NBA game markets such as winners, spreads and totals. This week’s board includes 76ers vs. Pistons and Hawks vs. Wizards. College basketball is also on the board, for both men’s and women’s games.

Basketball suits a bonus playthrough because games finish within a few hours, so markets settle the same night. Lines can move on late injury or rest news, so I’d check lineups shortly before tip-off, and I’d be careful with heavy favorites, where payouts are smaller. Our NBA odds page covers the title race.

College football is on Underdog’s board every week, with a few midweek games on top of the main Saturday slate. Underdog Predict lists game winners, spreads and totals for the bigger games, and futures where available. You can check current prices for upcoming games on our college football odds page. Most games finish on Saturday, so markets settle that night, while midweek games like Ohio vs. Akron and Buffalo vs. Miami (OH) settle within hours of kick-off.

College football markets are a little riskier than the pros, at least in my opinion. Lines can jump on late injury news, and some of the smaller games don’t see much interest, which makes prices wider. I like to stick with ranked or nationally televised games, where prices are tighter and more traders are active.

Underdog offers two multi-pick formats: prediction parlays and combos. A prediction parlay links several team-based prediction contracts into one trade. A combo pairs at least one prediction pick with two or more fantasy picks from different teams, and you can add up to eight fantasy picks. Combos are only available in states where Underdog offers both prediction markets and fantasy. I like that combos don’t carry extra fees, which isn’t the case everywhere.

In a prediction parlay, every leg has to win for the full payout. If a leg is canceled or ties, it settles at its last traded price and the rest of the parlay stays alive. The payout is based on the remaining legs’ values multiplied together. Combos work a little differently. If your prediction pick loses but all your fantasy picks hit, you can still receive a partial payout under Pick’em rules, although Flex isn’t available. You can cash out the prediction pick early from the Track section, if there’s enough liquidity.

Underdog started in 2020 as a fantasy sports company, known for Pick’em, Best Ball and drafts. In 2025, the company moved into prediction markets under the name Underdog Predict, and now it has its own exchange.

Underdog Predict lets you buy and sell yes/no event contracts on real-world events and sports. Contracts cost from $0.01 to $0.99 and pay you $1 if you’re right or $0 if you’re wrong. A contract priced at 62¢ gives the market a 62% chance.

Underdog bought Aristotle Exchange, a CFTC-registered exchange and clearinghouse, in March 2026. In July 2026, it launched its own exchange, UDX, and now offers a request-for-quote system for bigger orders and a VIP program for large volumes. It also holds a futures commission merchant license, making it the first sports company with the full license stack. Some trades are still routed through Kalshi and Crypto.com.

Yes. Underdog Predict is supervised by the Commodity Futures Trading Commission (CFTC). It is an exchange (UDX) that is a registered market and clearing house. The business that operates it (UDM, LLC) is also a registered futures broker and is monitored by the National Futures Association.

Your Predict funds are separate from your fantasy money and receive special protection from the CFTC. The exchange also posts its rules and updates publicly.

Underdog is not licensed in every state like a sportsbook. Some states are challenging these contracts in court, so availability can change. For example in September 2026, Underdog pulled its fantasy product from seven states, so always check for availability.

Underdog Predict is regulated federally by the CFTC rather than licensed state by state like a sportsbook, so it’s available in most of the US, including California and Texas. Prediction Picks are live in 46 states plus Washington, D.C., with Arizona, Michigan, Nevada and New York the exceptions. Eligibility is based on where you’re physically located, rather than where you live.

Which games you can play varies by state. A handful of states, including Connecticut, Hawaii, Idaho, Iowa, Louisiana, Maine, Montana and Washington, have Prediction Picks but no Pick’em or Drafts. The Play $10, Get $50 offer needs a Pick’em entry, so the welcome offers you see depend on your state. You must be 18+ to trade on Underdog Predict, and some states set 19+ or 21+ for fantasy games.

Underdog’s biggest ongoing promotion is Keep Your Million. It’s open to new players and some existing users, depending on the offer you’re shown. You start with a virtual $1 million balance, which has no cash value and can’t be withdrawn, and answer up to 20 Higher/Lower questions.

On each question, you split your balance between Higher and Lower, and only the amount on the correct side carries forward. If you put 60% on Higher and Higher wins, you keep 60% of your balance. If your balance reaches zero, the game ends with no prize.

Finish all 20 questions with a balance left, and it converts into bonus entries, up to $1 million, which you must play through once before any winnings become withdrawable. Start during the offer period and complete the game within 60 days. Details are on Underdog’s promotions page, and the Promotions tab in the app shows whether you qualify. Existing users may also see profit boosts, discounts and other account-specific offers there.

The Underdog promo code and referral code are separate offers. PCOM is a welcome offer for eligible new users, who can choose Play $10, Get $50 or one of two alternatives. A personal Underdog referral code lets existing users invite friends and potentially earn bonus entries if those friends complete required steps.

Note: You cannot stack two welcome offers. Just choose one bonus code when you sign up.

Referrals work best with a friend who’s new to Underdog and ready to play, since your reward depends on them completing the steps below. The step that most often goes wrong is the friend not applying your code at sign-up.

Tip: If your friend forgot to enter the code, they can contact Underdog support within 12 hours of creating their account and meeting the qualifying requirement to ask for it to be applied retroactively.

I like Underdog because it combines Predict, Pick’em and drafts in one app, which makes it a natural step for fantasy players who want to try prediction markets. Prediction Picks are easy to find, prices are in cents, and you can cash out from the Track section. You can also combine a Prediction Pick with fantasy picks in a combo, which you won’t find on pure prediction exchanges.

I’d recommend Underdog to sports fans and fantasy players who want simple trading. It may not suit serious traders: the markets are largely sports-focused, and order types and market depth are more limited than on larger exchanges. If you want politics or economics markets, Kalshi or Polymarket would be better fits.

Recent public app-store reporting gives Underdog Sports a strong overall score of about 4.8/5 on the App Store. Users note payouts and promotions and an easy-to-use trading platform as highlights.

Underdog feels more like a sports app than a trading screen, which I liked from the first time I opened it. You choose a sport, then a game, then the side you want. Before you confirm you see the price, your payout and the fee. You can find markets with the search bar and follow open positions under the Track tab, where you can cash out if there’s enough liquidity. Fantasy Pick’em and Predict sit in the same app, so you can switch between them without leaving it.

The iOS app is rated 4.8 and the Android app 4.7, both strong scores for a betting app. Underdog also runs in a browser, but I’d stick with the mobile app, which is built phone-first. Bonus Entries from the welcome offer can only be redeemed in the app anyway.

Underdog verifies your identity at sign-up and offers self-exclusion and cool-off tools and two-factor authentication. The trading screen is quick and simple, which suits casual traders, though experienced traders who want a full order book may find it limiting.

Underdog is a sports-first platform. Here's what you can trade:

Underdog Predict is mainly sports-focused, so it’s not the best place for election or macro markets. If you care about politics, economics or weather, I’d check Kalshi or Polymarket alongside it.

Within sports, you can trade yes/no contracts on winners, spreads and totals, player props, build prediction parlays, or bundle a prediction pick with up to eight fantasy picks in one combo entry. Trading is open during most live games, and you can cash out from the Track tab if there’s enough liquidity behind the market.

Liquidity is best on the biggest games, where approved market makers post buy and sell prices. It’s weaker in college games and niche markets, and cash out can be suspended when trading is thin. UDX’s volume has grown quickly since its July launch, though it’s still smaller than Kalshi’s.

On price, quotes come from the exchange that lists each market, and on big games they usually sit close to Kalshi’s. Smaller games can differ by a few cents, and fees add to the total cost, so I suggest comparing Underdog’s quotes with our prediction market picks before taking larger trades.

Underdog doesn’t set the prices on Predict; traders on the exchange do. So if you buy a 62¢ Yes contract, you’re paying a price that reflects the market’s view of about a 62% chance. Underdog earns money from fees and doesn’t take the other side of your trade.

Combos don’t carry an extra fee, which compares well with sites that charge on every leg of a parlay.

Underdog’s fees depend on the exchange behind the market. Underdog charges a commission of $0.01 per contract on each side of a trade, and the exchange adds its own fee. On UDX, the taker fee is 0.07 × contracts × price × (1 − price), rounded to the nearest cent, so it peaks at 50¢. For example, 10 contracts at 50¢ carry an 18¢ exchange fee, and 10 contracts at 20¢ carry 11¢. Markets routed to Kalshi follow Kalshi’s fee schedule. Underdog doesn’t charge for deposits or withdrawals.

Use our market fee calculator to estimate the cost of the market fee before you trade.

Underdog takes cards, Apple Pay and online banking. Deposits are instant in most cases. The minimum withdrawal is $10. Most withdrawals have to go back to a method you’ve already deposited with.

Underdog has live chat in the app, which is the easiest way to get an answer from someone. You may be able to chat with an automated screener first before a human enters the conversation. You can also email them, but the response times are a little long. There’s no phone line.

If you’ve played Underdog’s Pick’em, the app will feel familiar, but Predict works more like a stock exchange than a sportsbook. Instead of taking a set payout, you buy a contract at a price that moves with demand, and you can sell it before the game ends. Here’s how that differs from a traditional sportsbook.

For a deeper look, check out our guide to prediction markets vs. sportsbooks.

I would pick Underdog for fantasy players and anyone who wants prediction markets and Pick’em in one app, with combos you won’t find on a pure exchange. Even so, it’s sports-focused and has fewer markets than the biggest exchanges, so I recommend checking these alternatives before you commit.

If sports is your main focus, FanDuel Predicts and ProphetX are also worth considering before you decide. Head to our prediction market apps page to see our full list of recommended platforms.

Underdog uses an identity check at signup and offers features to help you manage your account. The company operates a responsible gaming program and a fund called GuardDog. It uses AI monitoring from Sportradar to spot risky play. Look under Responsible Gaming in the app for deposit limits and breaks. Underdog’s help center has the available options.

What I’d suggest to anyone just starting out is this: