Underdog’s got a fresh deal making waves, letting eligible new users grab some serious bonus funds or bonus entries with their promo code CBS. As of August 26, it’s all about choosing between two sweet offers: either a huge 50% deposit match that can go all the way up to $1,000, or you can play $5 and instantly snag $50 in bonus entries. This isn’t just about the usual fantasy drafts anymore, because the app has officially rolled out their new Prediction Picks feature, too.
The Underdog App Just Got a Major Upgrade
Seriously, Underdog isn’t playing around. They’ve officially added sports prediction markets to their app, calling them “Prediction Picks” or sometimes “Underdog Predict” or even “Team Picks.” So if you’ve been using the app for fantasy picks, get ready because there’s a whole new way to get in on the action. And the best part? New users can dive into all of it with a choice of welcome bonuses when they use promo code CBS.
You heard that right. This isn’t some tiny little bonus either. We’re talking about a choice between a 50% deposit match that could net you up to a thousand bucks in bonus funds or that awesome play $5 and get $50 in bonus entries deal. It’s a huge way to kick things off, especially with all the sports action out there. Just remember, these bonus funds are specifically tied to fantasy picks, not the new prediction markets exclusively, but you can still totally participate in those prediction markets if you’re in an eligible state.
How to Claim Your Bonus: Pick Your Play
So, how do you get in on this sweet action? It’s pretty straightforward, but you gotta make a choice first, right? If you’re eyeing that massive 50% deposit match that can go all the way up to $1,000 in bonus funds, all you need to do is opt in and make a qualifying deposit. Simple as that! But if the play $5, get $50 in bonus entries sounds more like your style, you’ll need to opt for that specific option and then make a qualifying fantasy contest play of at least five bucks. Just like that, boom, $50 in bonus entries hits your account.
Now, a few quick hits on eligibility. You gotta be physically located in one of the states where Underdog operates. We’re talking about places like Alabama, California, Florida, Illinois, New York, Texas, Washington, and many more across the map. You also need to be at least 18 years old, though some states have specific age requirements: 19+ in Alabama and Nebraska, 19+ in Colorado for certain games, and 21+ in Arizona, Massachusetts, and Virginia. Minimum deposit? A super accessible ten bucks to get things rolling. This promo code was last verified on August 26, 2026, so you know it’s hot off the press.
These bonus entries? They’re for fantasy contest entries only, non-withdrawable, and you need a 1x playthrough before you can cash out any winnings. So, if you’re looking to jump into the Underdog app and explore the new Prediction Picks or just load up on fantasy action, using promo code CBS is your ticket. Don’t sleep on these offers, especially if you’re in an eligible state. It’s time to get in the game!
This article was created with AI assistance and published under Seattle On Tap’s editorial standards. See our Editorial Policy.
Originally reported by CBS Sports.
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