Underdog announces $10m prize pot for fantasy sports competition

September 9, 2022
By

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.

 

State-by-State

Product Spotlight

CasinoTrac

CasinoTrac is reducing handpay downtime by nearly 90% with SlotSUITE's Self-Pay & W-2 G printing at the slot machine.
GA HUDDLE #086

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.
GA HUDDLE #085

Christian Smith - Slot machines a "beautiful intersection of psychology and mathematics"

Bluberi's Christian Smith speaks to Gaming America in an enlightening Huddle. Topics include: the 'Australification' of US gambling, the blending of psychology and mathematics, and the rising trend of three-pot fillers.

As the Tribal gaming sector congregates once more in the Golden State, is it too cliché of me to suggest we are heading for a golden era of Tribal gaming? With the industry set to meet at the Indian Gaming Association t...

10-11-From-the-top
From The Top: Will youth be served by Sports Betting?
Two recent interviews in our Huddle podcast revealed to Las Vegas correspondent Brian Joseph just how young sports betting entrepreneurs are becoming.
12-GA-MAR-10-year-v2
The Global Gaming Awards: Rewarding Excellence
The 10th edition of the Global Gaming Awards took place in Las Vegas last year. Gaming America looks back... and ahead to this year's.
16-18-IGA-Preview
Preview: Indian Gaming Tradeshow & Convention
Gaming America looks ahead to the 2024 Indian Gaming Tradeshow & Convention and what attendees can expect when they arrive at the Anaheim Convention Centre.
20-22-GA-Mar-888-Holding-article
888 and the US Market: A cautionary tale
Gaming America explores the risk of resting on your laurels and the challenge of remaining relevant in a rapidly expanding market.