Deposit Match Fantasy Bonus Promotion

TERMS & CONDITIONS

PLEASE NOTE THAT YOUR PARTICIPATION IN THE PROMOTION IS SUBJECT TO THE FOLLOWING TERMS & CONDITIONS. IF YOU DO NOT AGREE TO ALL OF THE FOLLOWING, YOU MAY NOT PARTICIPATE IN THE PROMOTION IN ANY MANNER. PARTICIPANTS IN THE PROMOTION MUST REGISTER AND MAINTAIN AN ACCOUNT WITH UNDERDOG. COLLECTIVELY, “UNDERDOG” REFERS TO UNDERDOG SPORTS HOLDINGS, INC., ITS SUBSIDIARIES AND AFFILIATED ENTITIES, INCLUDING, BUT NOT LIMITED TO, UNDERDOG SPORTS, LLC D/B/A UNDERDOG FANTASY; UDM, LLC D/B/A UNDERDOG PREDICT; AND UDM SERVICES, LLC. UNDERDOG PROVIDES AN ONLINE PLATFORM VIA ITS UNDERDOG APP (WHETHER ON ANDROID, IOS, OR OTHERWISE) AND MAY ALSO OFFER THE PLATFORM THROUGH A WEBSITE (COLLECTIVELY, THE “SITE”). PARTICIPANTS IN THE PROMOTION MUST ALSO ACCEPT THE UNDERDOG FANTASY & UNDERDOG PREDICT TERMS OF USE (“TERMS”), WHICH IN TURN INCORPORATE AND APPLY TO THESE OFFICIAL RULES. THESE OFFICIAL RULES GOVERN AND CONTROL THE PROMOTION AND ARE CONSIDERED TO BE PART OF THE TERMS. PLEASE NOTE THAT THESE RULES EXPRESSLY INCORPORATE MANDATORY BINDING ARBITRATION AND CLASS ACTION WAIVER PROVISIONS SET FORTH IN THE TERMS. THE COLLECTION AND PROCESSING OF PERSONAL INFORMATION AS PART OF OR IN CONNECTION WITH PARTICIPATING IN ANY PROMOTION, INCLUDING THIS ONE, ARE SUBJECT TO AND GOVERNED BY THE UNDERDOG FANTASY & UNDERDOG PREDICT PRIVACY POLICIES.

ALL APPLICABLE TERMS, POLICIES, AND CONTEST RULES ARE AVAILABLE AT UNDERDOGSPORTS.COM & UNDERDOGPREDICT.COM.

1. Description of Promotion

Welcome to the Fantasy Deposit Match Bonus promotion (the “Promotion”), where eligible participants will receive promotional bonus funds/bonus entries equal to a certain percentage (up to the amount described in the Advertisement for the Promotion) of the amount of their deposit and subject to a maximum amount as specified in the Advertisement for the Promotion (defined below) (“Promotion Bonus”).

The Promotion is sponsored by Underdog (“Sponsor”). The terms “you” or “your” mean the person to whom a Promotion Bonus is issued upon satisfaction of the terms and conditions set forth in this Promotion. Redemption of the Promotion is expressly conditioned upon acceptance of and compliance with all of these Promotion Terms and Conditions (“Terms and Conditions”). Promotion participants may be required to sign paperwork issued by the Sponsor.

Sponsor expressly reserves the right to amend, suspend or terminate this Promotion at any time without prior notice or consent. Administration of this Promotion is at the sole discretion of the Sponsor.

As used in these Terms & Conditions, the “Advertisement for the Promotion” means the description of the promotion presented to the participant at the time immediately prior to entering the Promotion or the code presented to the participant and used to enter the Promotion, whichever provides for a lower Promotion Bonus, which may include but is not limited to, an advertisement on television, radio, podcast, social media, by email or direct communication, a website or web browser, within the Underdog app (whether on Android, iOS, or otherwise), or in any other manner of presentment, regardless of whether other advertisements provide for different Promotion Bonus amounts. Underdog expressly reserves the right to present Promotion Bonus amounts to customers in its sole discretion, and to present Promotion Bonus amounts to customers in different amounts for any reason whatsoever, including based upon the manner of the Advertisement for the Promotion.

2. Promotion Period

The Promotion begins and ends as described in the Advertisement for the Promotion. For purposes of a first-time deposit, the Promotion Period begins when the qualifying deposit is successfully made.

3. Eligibility

The Promotion is only open to individuals who (i) are at least 18 years of age (or 19+ in Alabama and Nebraska, 19+ in Colorado for some games, and 21+ in Arizona, Massachusetts, and Virginia); (ii) are physically present in a state where Underdog operates; and (iii) are not enrolled in any U.S. state or Underdog self-exclusion program or on an active cool-off during the Promotion Period. You may only earn one Promotion Bonus in respect of all such Underdog Accounts under this Promotion. Additionally, Underdog reserves the right to refuse or otherwise restrict your eligibility to participate in any promotion, including this Promotion, for any reason, in its sole discretion, including based on your contest patterns or contest history or if you failed to take advantage of any previous promotion in good faith. The invitation to participate in this Promotion is not transferable. If you were not directly invited to participate in this Promotion by the Sponsor, you are not eligible to participate in this Promotion or earn any Promotion Bonus. Duplicate accounts will be flagged and promotional bonus funds/bonus entries, will be forfeited, in addition to other adverse action consistent with the Underdog Terms of Use and other applicable terms.

Any questions relating to eligibility, these Terms and Conditions or any other questions concerning this Promotion will be resolved at the sole discretion of the Sponsor and its decisions will be final and binding with respect thereto.

Any participant who is found to be ineligible to play on Underdog immediately forfeits any promotional bonus funds/bonus entries, and any other bonus cash, award, or offer associated with the Promotion.

4. Choose Your Offer

When a Deposit Match promotion is offered as a selection within a “Choose Your Offer” promotional campaign, customers are limited to selecting one (1) offer. For the avoidance of doubt, if a customer selects the Deposit Match, they will not be eligible to receive any of the other choices presented in the Choose Your Offer advertisement. The selection is final and cannot be changed once made.

5. How to Enter

Eligible Underdog customers must first successfully create an Underdog Account and then make a deposit of Ten Dollars ($10) or more to their Underdog Account (“Deposit”). After successfully completing these steps, the eligible customer will receive a Promotion Bonus, which is a deposit match equal to a certain percentage up to the amount described in the Advertisement for the Promotion. The Promotion Bonus will be paid in promotional bonus funds/bonus entries.

6. Claiming Promotion Bonus

The Promotion Bonus will be credited to your Underdog Account within seventy-two (72) hours of resolution of your Deposit. Promotion Bonus recipients will be solely responsible for all federal, state, and local taxes, and for any other fees or costs associated with the Promotion Bonus received, regardless of whether the Promotion Bonus, in whole or in part, is used. The Promotion Bonus value may be reported for tax purposes as required by law. For purposes of these terms, “promotional bonus funds/bonus entries” means a dollar equivalent available to the customer as a substitute for entry fees into fantasy sports contests; promotional bonus funds/bonus entries are not cash, cash equivalents, or any other tangible or intangible property of the customer unless and until the turnover or playthrough requirements of the Promotion are met.

Bonus Funds/Promotion Bonus (whether termed “bonus cash,” “bonus funds,” “bonus entries,” or otherwise) may be used only on fantasy entries, and cannot be used for prediction picks, which are event contracts offered through Underdog Predict (a registered FCM) or otherwise made available through Underdog.

For entries composed of a mix of prediction event contract futures and fantasy sports contest entries (“Combinations” or “Combo”), the following rules apply to the use of a Bonus Funds/Promotion Bonus: The initial fantasy entry fee is funded with the Promotion Bonus/Bonus Funds. When the customer instructs a withdrawal of the Promotion Bonus/Bonus Funds for purposes of funding the prediction event contract future, Underdog waives the turnover (playthrough) requirement for the Bonus Funds/Promotion Bonus and makes the Bonus Funds/Promotion Bonus immediately withdrawable to the customer’s prediction event contract market account, per the customer’s instruction. In the event that the customer subsequently cancels the fantasy sports contest portion of the combination entry, the customer agrees that the total amount used to fund the combination from a Bonus Funds/Promotion Bonus will be deposited to the customers’ fantasy account as a Bonus Funds/Promotion Bonus and subject to a continued turnover (playthrough) requirement (i.e., it must be “played through” at least once in a valid entry before becoming withdrawable as cash). Upon cancellation of the fantasy entry, the customer retains as immediately withdrawable and unrestricted funds any amount from the prediction event contract future in excess of the amount of the Bonus Funds/Promotion Bonus used to fund the combination entry.

7. Registration Procedures

To qualify for the Promotion, you must have an active Underdog Account (“Account Holders”) and verify your identity in order to play on the Underdog platform. Creating an Underdog Account at Underdogsports.com is free. By submitting your information and creating an Underdog Account, customers will be required to agree to the Underdog Fantasy & Underdog Predict Terms of Use, Privacy Policies and all other applicable terms and conditions, including these Terms and Conditions. If you do not agree to the Underdog Terms of Use and Privacy Policies, you cannot create an Underdog Account or participate in this Promotion.

8. Limitations on Participation

In addition to the Eligibility Requirements in Section 3, Sponsor reserves the right to refuse or otherwise restrict your eligibility to participate in any promotion for any reason, in its sole discretion, including based on your contest patterns or contest history or if you failed to take advantage of any previous promotion in good faith. This Promotion is void where prohibited by law.

9. Order of Funds Used for Entering Contests

The Promotion Bonus is non-withdrawable but any winnings from fantasy contests entered using the Promotion Bonus and other available promotional bonus funds/entries are immediately withdrawable. When an Underdog Account has both bonus funds and customer-deposited funds, and that account does not have the ability to select the source of funds, bonus funds will be applied to entry fees before customer-deposited funds. For customers who are presented with the option to select either bonus funds or customer-deposited funds to enter a contest, entry fees will be deducted based on the selection made at the time of entry.

10. Restrictions on Withdrawal

The Promotion has a turnover (i.e., playthrough) requirement of 1x the Deposit plus the Promotion Bonus amount. For example, if a customer’s Deposit is $100, and the customer receives $100 as a Promotion Bonus (amount dependent on the Advertisement for the Promotion), the customer must play $200 in entry fees in Underdog contests before being able to withdraw any portion of promotional bonus that have yet to satisfy the turnover or playthrough requirement.

THE PROMOTION BONUS IS FORFEITED IF THE TURNOVER (PLAYTHROUGH) REQUIREMENT IS NOT FULLY MET WITHIN FOURTEEN (14) DAYS OF THE PROMOTION BONUS BEING ISSUED (“TURNOVER PERIOD”). When the Underdog Account contains both customer-deposited funds and the Promotion Bonus, the Promotion Bonus is applied first before customer-deposited funds when entering fantasy contests for the purpose of determining the amount of forfeited funds. Underdog may reclaim the forfeited Promotion Bonus at any time after the fourteen (14) day Turnover Period has ended, without further notice to the customer. Underdog does not waive the right to reclaim promotional bonus funds/entries, by not automatically reclaiming forfeited funds at the end of the fourteen (14) day Turnover Period, or at any time thereafter. Customers must comply with the cancellation section below if they do not plan on meeting the turnover/playthrough requirement to avoid forfeiture of the Promotion Bonus.

Any winnings that accrue during the Turnover Period may be withdrawn. For example, if a customer’s Deposit is $10, the customer receives $10 as a Promotion Bonus, pays $10 in entry fees and wins $30, the customer may withdraw the amount won while the remaining promotional bonus amount remains ineligible to be withdrawn until the turnover requirements have been met. Sponsor reserves the right in its sole discretion to permit withdrawal of any portion of the Deposit upon a customer’s request. The Promotion Bonus is not transferable and cannot be substituted except in the Sponsor’s sole discretion.

11. Cancellation

Should you wish to cancel your participation in this Promotion at any time, please contact customer support at support@underdogsports.com or support@underdogpredict.com. Upon cancellation, you may withdraw any funds you have deposited into your Underdog Account without restriction. However, any Promotion Bonus in your account is non-withdrawable. Sponsor reserves the right to decline to cancel participation in the Promotion in its sole discretion.

12. Gambling Problem

Must be 18+ (19+ in AL, NE; 19+ in CO for some games; 21+ in AZ, MA & VA) and present in a state where Underdog operates. Terms apply. Void where prohibited. Concerned with your play? Call 1-800-MY-RESET or 1-800-GAMBLER or visit www.ncpgambling.org. NY: Call the 24/7 HOPEline at 1-877-8-HOPENY or Text HOPENY (467369).

13. Limitation of Liability

Sponsor is not responsible, and shall have no liability, for any errors or omissions in any advertising for the Promotion nor shall the Sponsor be liable for computer, device, or program malfunctions. The Sponsor is not liable for any erroneous issuance of Promotion Bonuses.

Additional Terms for Our California Consumers

Under California Civil Code Section 1789.3, California consumers are entitled to the following specific consumer rights notice: The Complaint Assistance Unit of the Division of Consumer Services of the California Department of Consumer Affairs may be contacted in writing at 1625 N. Market Blvd., Suite N 112, Sacramento, CA 95834, or by telephone at 1(800) 952-5210.

General Information

Waiver and Severability of Terms. The failure of Underdog to exercise or enforce any right or provision of the Terms and Conditions shall not constitute a waiver of such right or provision. If any provision of the Terms and Conditions is found by an arbitrator or court of competent jurisdiction to be invalid, the parties nevertheless agree that the arbitrator or court should endeavor to give effect to the parties’ intentions as reflected in the provision, and the other provisions of the Terms and Conditions remain in full force and effect.

Statute of Limitations. You and Underdog agree that any claims or lawsuits, regardless of form, arising out of or related to the website, app or platform (including the Promotion) or these Terms and Conditions, the Underdog Terms of Use or Privacy Policy must BE FILED within ONE (1) YEAR of the action, omission, event or occurrence giving rise to the claim or suit, after which such claims will be time-barred and prohibited, without regard to any longer period of time which may be provided by any period of limitation or repose by law or statute. This statute of limitations provision does not apply to residents of New Jersey.

Section Titles. The section titles in the Terms and Conditions are for convenience only and have no legal or contractual effect.

Communications. Customers with questions, complaints or claims with respect to the Promotion may contact us using the relevant contact information set forth above.

Last updated: May 13, 2026