Updated September 11, 2026
Editorial Review By: Mike McDermottSenior Betting & Casino Analyst
Do you have questions about Underdog Fantasy Pick'em Contests? Check out this full guide on Underdog Fantasy payouts in which we'll explain how Pick'em contests work, cover the multiplier payouts offered, and discuss the best strategies to implement to increase your chances of success!
Since its launch in 2020, Underdog Fantasy has been making waves in the world of daily fantasy sports and has had no problem competing with the industry's giants. Its innovative approach to fantasy sports, user-friendly interface, and commitment to providing a thrilling gaming experience have propelled it to the forefront of the competition.
As Underdog Fantasy continues to redefine the way fans engage with their favorite sports and leagues, it's crucial for users to understand the platform's gameplay structure and know what payouts await those who have success when it comes to drafting teams, making predictions, and utilizing their knowledge of the game.
In this article, we'll explore one of Underdog Fantasy's standout offerings: Pick'em contests. We'll explain how they work and discuss the different ways in which users can customize their DFS experience according to their risk tolerance and the confidence they have in their picks. We'll also cover Underdog Fantasy payouts, breaking down the multipliers offered for different types of lineups and entries.
By the time, we're finished, you'll be well-equipped to start playing Underdog Fantasy Pick'em Contests and strategically navigate your way to victory. Now, let's dive right in!
Underdog Fantasy Pick'em Contests are a new and exciting way to play daily fantasy sports. They combine two of the most popular types of wagers in the world of sports betting (player props and parlays) and offer a refreshing approach to the traditional fantasy sports experience.
In these contests, players compete against the house, just like they would on a online betting site, and avoid being pitted against daily fantasy sharks, who tend to dominate most DFS tournaments and competitions with a large pool of participants.
Underdog Fantasy Pick'em Contests require users to build a parlay that includes between 2 and 5 predictions involving the outcomes of player statistical projections. As you would expect, the more picks you include, the greater the potential payout.
There are two different options for players to choose from when building their lineups for Underdog Fantasy Pick'em Contests:
Higher/Lower, also commonly known as "More/Less," lets you predict whether a player's statistical total will be higher or lower than the projection. For example, you may have to decide if Ravens QB Lamar Jackson will finish with more or less than 47.5 rushing yards in a single game or if Dolphins WR Tyreek Hill will score more or less than 15.0 fantasy points in his matchup.
Rivals, on the other hand, presents you with a head-to-head matchup between two players centered around a specific statistical category. One player often receives a handicap to even up their projected totals. Your task is to choose which player will outperform the other in that specific stat.
For instance, you might have to decide between running backs Christian McCaffrey and Tony Pollard when it comes to who will get more rushing yards in a matchup between the San Francisco 49ers and Dallas Cowboys. Tony Pollard may get a +10 adjusted handicap to level the playing field, and you'll have to make your pick between the two.
One unique element of Underdog Fantasy Pick'em Contests is the option to submit a standard entry or activate the protected option. Here's a breakdown of what sets these two choices apart and how they can impact your experience and potential rewards:
The standard entry works just like a parlay you'd make at a online sportsbook. In this format, you must get every prediction in your entry correct to win. The more predictions you include in your standard entry, the higher the potential payout multiplier becomes. While this offers the chance for larger rewards, it also carries a higher level of risk, as a single incorrect prediction can result in no payout.
Meanwhile, a protected entry introduces a safety net and gives you a little bit of wiggle room. When you activate the protection option, you increase your chances of winning by allowing one incorrect pick in your entry.
If all of your other predictions are correct, you'll still win but receive a reduced payout. This can be particularly appealing if you want to enjoy a degree of protection against the risk of a single incorrect pick potentially ruining your entire entry.
In case you’re wondering exactly how the Underdog Fantasy payout structure and multipliers work for Pick’em Contests, we’ve provided a general overview below:
Number of Picks Made | Number of Picks Correct | Standard Payout | Payout With Protection |
5 | 5 | 20x Initial Stake | 10x Initial Stake |
5 | 4 | None | 2.5x Initial Stake |
4 | 4 | 10x Initial Stake | 6x Initial Stake |
4 | 3 | None | 1.5x Initial Stake |
3 | 3 | 6x Initial Stake | 3x Initial Stake |
3 | 2 | None | 1x Initial Stake |
2 | 2 | 3x Initial Stake | N/A |
*Note: You will need to include at least three picks in your entry in order to have the option to activate the protection option.
As you can see, the payout structure for Underdog Fantasy Pick'em Contests is designed to reward accuracy and strategy, while also providing options for different levels of risk.
For standard entries, the multiplier applied to your initial stake increases as you include more picks, which can lead to larger potential payouts. However, the trade-off is that all of your predictions must be correct to win.
On the other hand, the protected option offers a safety net by allowing one incorrect prediction while reducing the potential payout. This can be a prudent choice for those who want to mitigate the risk of losing their entire stake due to a single incorrect pick.
Overall, understanding the payout structure is essential for making informed decisions and maximizing your potential rewards in Underdog Fantasy Pick'em Contests.
Time needed: 5 minutes
Are you ready to sign up and start playing Underdog Fantasy Pick'em Contests for a chance to win big? Just follow the steps provided below!
If you're new to the platform or just looking for a way to increase your chances of long-term success, here are the best strategies and tips for Underdog Fantasy Pick'em Contests:
How Do Underdog Fantasy Payouts Work for Pick'em Contests?
Underdog Fantasy payouts for Pick'em Contests are based on a multiplier system. The multiplier increases as you include more correct predictions in your entry. If you activate the protection option, you can still win a reduced payout with one incorrect prediction, providing a safety net for your entry.
What Happens If My Player Doesn't Play on Underdog Fantasy?
If a player included in your entry for an Underdog Fantasy Pick'em Contest doesn't play, then that pick will be graded as void. If all of your other picks are correct (or you use a protected entry and only one other pick is incorrect), then you'll simply relegate down to the payout for the number of picks included, not counting your missing player.
Can I Combine Higher/Lower Picks With Rivals on Underdog Fantasy?
Yes! You can include both Higher/Lower and Rivals in a single entry.
How Long Does It Take for Underdog Fantasy To Pay Out?
Your winnings on Underdog Fantasy will automatically be credited to your account once all of the sporting events associated with your contest entry have concluded. When you're ready to withdraw your winnings, it will typically take 2-3 business days to receive your funds.