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Underdog Fantasy was founded in 2020 by Jeremy Levine and Danny DiGiovanna in New York City, quickly establishing itself as one of the most innovative platforms in the DFS and pick'em space. The company has raised over $100 million in funding from investors including Mark Cuban, Kevin Durant, and Andreessen Horowitz.
Underdog offers two main products: a pick'em game where users project player stats over/under (similar to PrizePicks), and a traditional "Best Ball" DFS format that has developed a devoted following for its season-long NFL tournaments with million-dollar prize pools. The platform covers NFL, NBA, MLB, NHL, PGA, and more.
Known for its sharp projections and sophisticated user base, Underdog has carved out a niche as the "thinking person's" pick'em platform. Licensed in 25+ states, the company is headquartered in New York, NY.
Editor's Verdict
Underdog is the thinking bettor's pick'em platform — the sharpest projections, the most valuable Best Ball tournaments, and the most sophisticated user base in daily fantasy sports.
Last reviewed: February 2026 · BonusBell Editorial Team
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