Underdog announces $10m prize pot for fantasy sports competition
Best Ball Mania III already has 451,000 entries for the season-long fantasy tournament.
Underdog, a DFS gambling company, has announced a $10m contest that will make it the US’ most lucrative season-long fantasy football tournament. Best Ball Mania III already has 451,000 entries competing for the first-place prize of $2m, a second-place prize of $1m, and another $1m prize for the regular-season winner.
Best Ball is one of four game formats currently offered by Underdog and its unique form of season-long fantasy requires no management following the drafting period. Participants simply draft an 18-player team and each week Underdog inputs the highest scorers on player’s teams: at the end of the season, the team with the most points wins.
Launched on May 3, Best Ball Mania III had more than 45,000 entries by the end of the first month, averaging over 1,500 entries per day. This number surpasses most DFS competitions of a similar nature and the mid-season payout is the largest of its kind.
Underdog president and chairman Jeremy Levine commented: “It’s so incredible to have filled a tournament as big as BBM III with over $10 million in total prize money. The growth we’ve had in just over two years continues to exceed our wildest dreams.
“The appetite for Best Ball continues to be mind-blowing. We’re so excited to see more and more new fantasy players try and fall in love with the format, and can’t wait to see the continued growth.”
Underdog offers Best Ball contests in a variety of formats, including daily, weekly, playoff and season-long. Users can either compete against thousands of other entries for large jackpots or enter into a private draft with friends and family to compete for a smaller prize pool.
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