What's Happening?
Underdog, a popular daily fantasy sports app, is offering a new promotion for users in most states. By using the promo code CBSSPORTS2, new users can receive $50 in site credits after playing at least $5. This promotion is available in all states where Underdog operates, except for Maryland, Michigan, Ohio, and Pennsylvania. The app allows users to participate in various fantasy sports contests, including NFL, MLB, and WNBA games. Underdog also offers features like Flex payouts, which provide higher payout multipliers as users add more legs to their entries.
Why It's Important?
The promotion highlights the competitive nature of the daily fantasy sports market, where companies like Underdog seek to attract new users with enticing offers. The availability of such promotions can significantly impact user acquisition and retention, as well as the overall growth of the fantasy sports industry. As more states legalize and regulate fantasy sports, companies are likely to continue offering innovative promotions to capture market share.
What's Next?
Underdog is expected to continue expanding its offerings and promotions, particularly as the NFL season progresses. The company may also explore partnerships and collaborations to enhance its platform and attract more users. The ongoing evolution of fantasy sports regulations across states will play a crucial role in shaping the industry's future.
