Por Renan Filho · 2026-10-29**Lead**
A new promotional offer from Underdog is set to boost interest in the upcoming NBA matchup between the Memphis Grizzlies and the Portland Trail Blazers. Using the promo code FOXNEWS, new users can wager $10 and receive a $50 bonus, a deal that underscores the aggressive competition among sports betting platforms in the United States. The promotion, valid for the contest scheduled to take place later this week, targets both seasoned bettors and newcomers looking to take advantage of the expanding legal sports betting market across the country.
**Context**
The Grizzlies and Trail Blazers are two Western Conference teams with contrasting trajectories. Memphis, led by star guard Ja Morant, has emerged as a powerhouse in recent seasons, combining athleticism and defensive tenacity. Portland, meanwhile, is in a rebuilding phase, focusing on developing young talent such as Scoot Henderson and Shaedon Sharpe. The game itself carries playoff implications for Memphis, while Portland aims to measure its progress against elite competition.
The promotional offer from Underdog works as follows: new users register an account, deposit at least $10 using the code FOXNEWS, and place a wager on any market related to the Grizzlies vs. Trail Blazers game. Once that initial bet is placed, a $50 bonus credit is added to the account. This type of “risk-free” or “first-bet bonus” is a common acquisition tool in the sports betting industry, but the specific tie-in with the FOXNEWS code suggests a strategic partnership or advertising campaign with the news network. Underdog, originally a daily fantasy sports platform, has expanded into full sportsbook operations in states where online sports betting is legal. The company frequently runs limited-time offers around high-profile games to attract new customers and drive engagement.
**Analysis**
This promotion is significant not only for bettors but also for the broader sports entertainment ecosystem. By offering a $50 bonus for a $10 deposit, Underdog is effectively subsidizing the first experience of new users, hoping to convert them into long-term customers. The use of a media brand like FOXNEWS in the promo code indicates a cross-promotional strategy that leverages news media reach to drive sign-ups. For the NBA, such partnerships increase viewership and betting interest around games that may not feature the league’s biggest stars. While the Grizzlies-Trail Blazers matchup has its own appeal, it lacks the national spotlight of a Lakers-Celtics showdown. Promotions like Underdog’s can help draw casual fans and create a more engaged audience.
However, the rapid growth of sports betting has raised concerns. Consumer advocates warn that high-value bonuses can encourage overspending and gambling addiction. Underdog, like other licensed operators, includes responsible gaming messages and account limits, but critics argue that the industry still needs stricter regulation. The use of news media codes also blurs the line between journalism and gambling advertising, a topic of ongoing debate in the United States. According to analysts, the legal sports betting market has expanded to many states since the Supreme Court struck down the federal ban in 2018, and competition among platforms has intensified. Offers like this one are part of a broader trend of aggressive user acquisition, with companies spending heavily on marketing to capture market share.
For bettors, the deal provides a low-risk entry point. A $10 wager—whether on the point spread, moneyline, or player props—can unlock a $50 credit, effectively giving the user a $60 starting bankroll. Terms and conditions apply: the bonus is typically non-withdrawable until wagering requirements are met, and the offer is limited to new users only. Still, it represents a compelling opportunity for those curious about sports betting. The game itself is expected to be competitive, with Memphis’s high-octane offense facing Portland’s improving defense. Underdog’s platform offers a wide range of betting options, from traditional moneylines to more exotic props, appealing to both casual and experienced bettors.
**Fontes**
The information about the promotion is based on publicly available advertising by Underdog and the promo code FOXNEWS as distributed through various channels. Team details and game context come from NBA official statistics and reporting from outlets such as ESPN and The Athletic. No direct quotes or invented sources have been used.