Alright, so Underdog is out there with a “Play $5, Get $100 in Bonus Entries” offer for new users, but there’s a key detail you absolutely need to know before you jump in. This isn’t just a straight-up hundred bucks hitting your account instantly. Nope, they’ve got a system, and if you’re not ready for it, you might be scratching your head.
How to Grab Those Bonus Entries
First off, getting in on this deal means you’ve gotta use the promo code CBS when you sign up. That’s your ticket. Once you’re signed up, you need to make a minimum first-time deposit of $10. After that, place a qualifying first entry of at least $5 on an eligible contest. Just remember, Drafts don’t count for this specific promo, so pick your spot carefully. This offer is live for new users in most states where Underdog Pick’em operates, but you do need to complete identity verification and have your account in good standing.
The Big Catch and What It Means for Your Play
Here’s the kicker: that $100 in bonus entries isn’t one lump sum. It gets distributed to you as $10 in bonus entries per day for 10 consecutive days. So yeah, you’re getting the full hundred, but it’s a daily drip, not a flood. Those bonus entries are non-withdrawable site credits, meaning you can’t just cash them out. You’ve got to use them on fantasy entries that have a payout multiplier of at least 2x. Think +100 odds or less than 50% implied probability. And when you win, only the profit from those winnings can actually be withdrawn as real cash. Make sure you play through those winnings at least once before you try to pull them out.
You can use these bonus entries on all kinds of DFS contests and their prediction markets are now available in most states for trading on sports events. If you’re looking to get into the action with MLB or NHL games happening right now, this is how the bonus breaks down. So, whether you’re eyeing today’s matchups or something later this week, just keep that 10-day bonus rollout in mind.
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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