Por Renan Filho · 2026-10-03**Lead**
Underdog, the daily fantasy sports and sportsbook platform, has announced a promotional offer for the upcoming UFC 332 event. New users who deposit at least $5 and use the promo code FOXNEWS will receive a $100 bonus applied to their UFC 332 picks. The deal, available exclusively to customers in the United States, is designed to attract first-time bettors and fantasy players ahead of one of the year’s most anticipated mixed martial arts cards.
**Context**
Underdog has carved out a niche in the competitive sports betting landscape by focusing on simplified pick’em-style games and same-game parlays. Unlike traditional sportsbooks that require complex wagers, Underdog allows users to select over/under outcomes on player statistics or fight results, making it accessible to casual fans. The platform has grown rapidly since its launch, particularly among younger demographics who prefer mobile-first, social betting experiences.
UFC 332, scheduled for later this month, is expected to feature a stacked lineup of top-ranked fighters across multiple weight classes. While the full fight card has not been officially released by the UFC, the event is generating significant buzz among combat sports enthusiasts. The promotion’s timing capitalizes on the surge in betting interest that typically accompanies major UFC pay-per-view events. According to industry data, sportsbooks see a spike in handle during UFC fight weeks, with prop bets and player-specific wagers drawing the most action.
The FOXNEWS promo code is part of a broader marketing push by Underdog to expand its user base through media partnerships. The code itself references the FOX News brand, though the terms of the collaboration have not been disclosed. Underdog has previously run similar campaigns with other media outlets, offering deposit matches or risk-free bets to drive sign-ups. The $5-to-$100 structure is a common acquisition tactic: a low barrier to entry with a high perceived value, intended to convert casual viewers into regular users.
**Analise**
This promotion matters because it reflects the ongoing convergence of sports media and gambling. As more states legalize sports betting, platforms like Underdog are aggressively competing for market share through aggressive bonuses and media tie-ins. The $100 bonus on a $5 deposit represents a 20-to-1 return, which is unusually generous even by industry standards. However, such offers typically come with strict terms: the bonus funds are often released in increments or tied to wagering requirements. Users should read the fine print before claiming the deal.
For the UFC, partnerships with betting platforms are a double-edged sword. On one hand, they drive engagement and viewership, as fans have a financial stake in the outcomes. On the other, regulators and advocacy groups have raised concerns about problem gambling, especially among younger audiences. The UFC has its own official betting partners, but independent promotions like Underdog operate outside those exclusive deals, creating a fragmented market. The FOXNEWS code also highlights how news outlets are increasingly embedding gambling promotions into their content, blurring the line between journalism and advertising.
From a consumer perspective, the offer is straightforward: new users sign up, deposit $5, enter the code FOXNEWS, and receive $100 in bonus credits to use on UFC 332 picks. The picks can be on anything from fight winners to round totals to method of victory. Underdog’s interface allows users to combine multiple picks into a single slip, increasing potential payouts. However, the bonus funds may be subject to a playthrough requirement, meaning users must wager the bonus amount a certain number of times before withdrawing any winnings. Such conditions are standard in the industry but can catch inexperienced bettors off guard.
**Fontes**
- Underdog official website and promotional materials (underdogfantasy.com) - UFC official event schedule (ufc.com) - Industry reports on sports betting trends (American Gaming Association, 2025 data) - Terms and conditions of the FOXNEWS promo code as published by Underdog