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Redeeming Contest Winnings
Redeeming Contest Winnings
Updated over 2 weeks ago

An overview of how to redeem your winnings and the different types of balances in your Underdog account.

General Overview

If you participate in Fantasy Contests, all Fantasy Prize Winnings you earn will be added to your Underdog account balance. These funds will be held in a separate, segregated bank account managed by a subsidiary of Underdog.

These funds belong to you, subject to review for verification, evidence of fraud, or other prohibited conduct. Underdog may not use these funds to cover its operating expenses or for any other purposes. Withdrawals of Fantasy Prize Winnings will be made from this segregated bank account, and any checks or other payments issued from that account may bear the name of Underdog’s subsidiary.

Requesting A Withdrawal

To request a withdrawal, please visit https://underdogfantasy.com/account/withdraw. Withdrawals can be requested via PayPal or Interchecks. Withdrawals are always free and require a minimum of $10, unless your account balance is below $10, in which case you can withdraw whatever remains in your account.

Account Balances

Account balances are broken down into two categories: Bonus Cash and Withdrawable Cash. Bonus Cash refers to the balance awarded to you through promotions. It must be played through before it becomes eligible for withdrawal. See the “Promotions” rule page for details at https://underdogfantasy.com/rules/promotions.

Withdrawable Cash is cash that can either be played with or withdrawn by the user.

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