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Bet Back SGP(+) Bonus Promotion 

TERMS & CONDITIONS

1. Description of Promotion

Eligible Participants who place a Same Game Parlay or Same Game Parlay Plus bet that meets the requirements set forth herein and in the promotion advertisement during the Promotion Period (defined below) will receive a bonus available for use only on the Underdog Sportsbook app (“Sportsbook Bonus Bets” or “Bonus Funds”) equal to the amount of that wager, up to the amount conspicuously stated in the promotion advertisement provided to you (the “Promotion Amount”), if that wager loses (the “Promotion”).

The Promotion is sponsored by Underdog Sports Wagering, LLC (“Underdog” or the “Sponsor”). The terms “you” or “your” mean the person to whom a Promotion Bonus (defined below) is issued upon satisfaction of the terms and conditions set forth in this Promotion. Redemption of the Promotion is expressly conditioned upon acceptance of and compliance with all of these Promotion “Terms and Conditions”. Promotion participants may be required to sign paperwork issued by the Sponsor.

Available to existing Underdog Sportsbook account holders who have their first wager settle before the Promotion start time or their new user offer is fulfilled before the start of the Promotion Period.

BONUS FUNDS ARE NOT EQUIVALENT TO CASH DEPOSITS. Bonus Funds are subject to playthrough requirements, time limitations, minimum wagering odds, ordering rules, and other limitations detailed in these Terms and Conditions.

2. Promotion Period

The Promotion is valid only for wagers placed on the calendar day in the time zone of the wager in which the advertisement for the Promotion is provided to you if no time is provided in the advertisement, or such other time as conspicuously stated in the advertisement for the Promotion. (the “Promotion Period”).

3. Eligibility

In addition to other requirements set forth in these Terms and Conditions, the Promotion is only open to individuals who are (i) at least 21 years of age; (ii) physically present in North Carolina; and (iii) not in any self exclusion program during the Promotion Period. If your social security number is associated with more than one Underdog Account in the Sponsor's database, you may only participate once in this Promotion and earn only one Promotion Bonus. Employees, officers and directors of the Sponsor, their parent companies, and each of their respective affiliates, subsidiaries, cable/satellite affiliates, advertising and promotion agencies, retailers, distributors, and each of such employees’, officers’ and directors’ immediate family members and/or those living in the same household (whether legally related or not) of each are not eligible to participate in the Promotion or receive a Promotion Bonus. Additionally, Underdog reserves the right to refuse or otherwise restrict your eligibility to participate in any Promotion for any reason, in our sole discretion, including based on your wagering patterns or wagering history or if you failed to take advantage of any previous promotion in good faith. The invitation to participate in this Promotion is not transferable. If you were not directly invited to participate in this Promotion by the Sponsor, you are not eligible to participate in this Promotion or earn any Promotion Bonus.

4. Action Required

Place your Same Game Parlay or Same Game Parlay Plus bet on the Underdog Sportsbook app that satisfies the minimum number of legs as specified in the promotion advertisement with minimum odds of -500 (1.2x) or longer per leg (-300 or 1.33, etc.) (“Eligible Wager”). The Eligible Wager must be made using real money to qualify for the Promotion.

5. Claiming Promotion Offer

In the event your Eligible Wager loses, you will receive a bonus in Sportsbook Bonus Bets equal to the amount of your losing Eligible Wager, up to a maximum of the Promotion Amount (“Promotion Bonus”). If your Eligible Wager wins, you will not receive any Promotion Bonus. The Promotion Bonus will be credited to your Underdog Sportsbook account as Bonus Funds within seventy-two (72) hours of your satisfaction of the Promotion Requirements. The maximum Promotion Bonus is the Promotion Amount. Promotion Bonus recipients will be solely responsible for all federal, state, and local taxes, and for any other fees or costs associated with the Promotion Bonus received, regardless of whether the Promotion Bonus, in whole or in part, is used. The Promotion Bonus value may be reported for tax purposes as required by law.

6. Registration Procedures

To qualify for the Promotion, eligible individuals must have an active Underdog Sportsbook account. Underdog will verify each individual’s identity as part of the registration process. Creating an Underdog Sportsbook account is free. By submitting your information and creating an Underdog Sportsbook account, however, participants will be required to agree to the Underdog Sportsbook Terms of Use and Privacy Policy. If you do not agree to the Underdog Sportsbook Terms of Use and Privacy Policy, you cannot create an Underdog Sportsbook account or participate in this Promotion.

7. Limitations on Participation

In addition to the Eligibility Requirements in Section 3, Underdog reserves the right to refuse or otherwise restrict your eligibility to participate in any promotion, including this Promotion, for any reason, in its sole discretion, including based on your wagering patterns or wagering history or if you failed to take advantage of any previous promotion in good faith, among other things. This Promotion is void where prohibited by law. Except as otherwise set forth herein, only the first Eligible Wager during the Promotion Period will count for purposes of determining the Promotion Bonus. One (1) Promotion Bonus per participant.

8. Wagering Requirements

If your Eligible Wager wins, you will not receive any Promotion Bonus. If your Eligible Wager voids, pushes or is canceled, the next wager placed after settlement of your initial Eligible Wager will be eligible for the Promotion Bonus so long as such Eligible Wager is made during the Promotion Period and loses. If your Eligible Wager loses, you will receive the Promotion Bonus in Sportsbook Bonus Bets equal to the amount of your losing Eligible Wager, up to a maximum of the Promotion Amount. Any wager placed after the expiration of the Promotion Period will not be deemed an Eligible Wager.

9. Bonus Staking Rules

With Bonus Funds, the stake is not returned in the payout. Only the winnings are returned in the payout. In order to use Bonus Funds, you must select the bonus icon in the betslip and select a bonus campaign. A bet cannot be funded using two bonuses simultaneously, although bets may be funded with a combination of bonus and cash.

10. Bonus Funds’ Expiration

Unless otherwise stated, any unused Bonus Funds will be withdrawn from your Underdog Sportsbook account fourteen (7) days after being credited.

11. Restrictions on Withdrawal

Bonus Funds are non-withdrawable. Bonus Funds must be wagered x1 before withdrawal. The Promotion Bonus is not transferable and cannot be substituted except in the Sponsor’s sole discretion. Any unused portion of the Promotion Bonus or Bonus Funds will be automatically withdrawn from your Underdog Sportsbook account fourteen (7) days after being credited.

12. Cancellation

Should you wish to cancel your participation in this Promotion at any time, please contact customer support at [email protected]. Upon cancellation, you may withdraw any funds you have deposited into your account without restriction. However, any Bonus Funds in your Underdog Sportsbook account are non-withdrawable.

13. Gambling Problem

Must be 21+ and present in a state where Underdog Sports Wagering, LLC operates. Terms apply. Gambling Problem? Call 1-800-GAMBLER or visit www.ncpgambling.org NC: Call 877-718-5543 or visit morethanagame.nc.gov

Underdog offers the options to set responsible limits. If, at any point, you think you are depositing too much money, placing too many wagers, or spending too much on sports wagering, you have the option of setting responsible gaming limits. Setting responsible gaming limits allows you to still play, however, within the parameters that you set for yourself. Underdog also provides account holders the ability to self-exclude directly from the product. Underdog offers exclusion periods of one (1) year, three (3) years, five (5) years, and ten (10) years. You may also terminate your Underdog Sportsbook account at any time. If you require assistance, please contact our Customer Support Department by emailing [email protected]

14. Additional Terms

Other Governing Terms: Nothing herein replaces, amends, or alters the Underdog Terms of Use and Privacy Policy governing participation in the Underdog Sportsbook and use of the Underdog Sportsbook app and sites. 

Administration: The Sponsor expressly reserves the right to amend, suspend or terminate this Promotion at any time without prior notice or consent. Administration of this Promotion is at the sole discretion of the Sponsor. Sponsor reserves the right to restrict at any time any Underdog Account holder from participating in this Promotion for any reason. Any questions relating to eligibility, these Terms and Conditions or any other questions concerning this Promotion will be resolved at the sole discretion of the Sponsor and its decisions will be final and binding with respect thereto. No groups, clubs, corporations, companies, partnerships, or organizations may participate in this Promotion or reproduce or distribute any portion of these Terms and Conditions to their members.

Release and Waiver of Liability: By redeeming this Promotion, participants agree to release, defend, indemnify and hold harmless the Sponsor, its affiliates, gaming license partners, advertising and promotion agencies, directors, officers, employees, representatives and agents from and against any and all liability, claims or actions of any kind whatsoever (however named or described) for injuries, death, damages or losses to persons and property which may be sustained in connection with: (i) your participation in the Promotion; and (ii) the receipt, use or misuse of the Promotion Bonus, or while preparing for, participating in, and/or traveling to any Promotion-related activity, including those damages caused by the Sponsor’s own negligence. The Sponsor expressly disclaims any responsibility or liability for injury or loss to any person or property relating to the delivery and/or subsequent use or misuse of the Promotion Bonus. In consideration of the Promotion Bonus, each individual hereby agrees and consents, without further authorization, compensation or remuneration of any kind, to the use of such individual’s name, photograph, likeness (including his/her voice), biographical information and statements concerning the Promotion, in any and all advertising, promotions and other publicity conducted by the Sponsor and its affiliates.

Governing Law: The parties agree that these Terms and Conditions and the rights of the parties regarding this Promotion and the relationship of the parties shall be governed by and construed in accordance with the laws of the State of North Carolina, which shall apply without regard to principles of conflicts of law.

Dispute Resolution:

You agree that any claim or dispute that has arisen or may arise relating in any way to or arising out of the Promotion, or these Terms and Conditions will be resolved in accordance with the dispute resolution provisions set forth in the “Binding arbitration agreement and class action waiver agreement” Section of the Underdog Terms of Use. This Section of the Underdog Terms of Use requires you to resolve disputes by binding arbitration and you agree to waive the ability to bring claims in a class action format.

LIMITATION OF LIABILITY:

TO THE FULLEST EXTENT PERMISSIBLE UNDER APPLICABLE LAW, THE SPONSOR SHALL NOT BE RESPONSIBLE OR LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, ECONOMIC, EXEMPLARY, PUNITIVE OR OTHER DAMAGES UNDER ANY CONTRACT, NEGLIGENCE, STRICT LIABILITY OR OTHER THEORY ARISING OUT OF OR RELATING IN ANY WAY, DIRECTLY OR INDIRECTLY, TO REDEMPTION OF THE PROMOTION, EVEN IF FORESEEABLE OR EVEN IF THE SPONSOR HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Miscellaneous:

No waiver of any of the provisions of these Terms and Conditions shall be deemed or shall constitute a waiver of any other provisions hereof, nor shall waiver constitute a continuing waiver unless otherwise expressly provided. If any provision of these Terms and Conditions is found to be invalid or unenforceable by a court of competent jurisdiction, such provision shall be severed from the remainder of these Terms and Conditions, which will otherwise remain in full force and effect.

v2 (effective 6.12.2024)