Underdog Fantasy vs OpenBet
Side-by-side comparison of AI visibility scores, market position, and capabilities
Raised $70M Series C at $1.23B valuation (Jan 2025). ~$500M projected 2025 revenue. 5M+ users. 4th most downloaded sports app in the US. 41 states + Canada.
About
Underdog Fantasy is the #2 daily fantasy sports platform in the United States, operating in 41 states and Canada with over 5 million registered users and approximately $500 million in projected 2025 revenue. The company raised $70 million in Series C financing at a $1.23 billion valuation, cementing its position as the first credible challenger to DraftKings in daily fantasy — a market previously dominated by DraftKings and FanDuel.
Sports betting software platform for tier-1 global operators, powering high-volume sportsbooks with omnichannel retail and digital capabilities for regulated markets worldwide.
About
OpenBet is one of the world's largest sports betting technology providers, with its software powering some of the highest-volume sportsbooks globally, including William Hill, Ladbrokes Coral, and Sky Bet. Originally developed in the early 1990s and later acquired by Scientific Games (now Light & Wonder), OpenBet has operated as an independent sports betting software division serving both digital and retail betting channels. The platform handles billions of transactions annually and is engineered for extreme reliability and throughput during peak sporting events.\n\nOpenBet's platform covers the full lifecycle of a sportsbook operation, from content and odds management to bet acceptance, risk management, and settlement. Its retail technology suite serves betting shops across the United Kingdom and Ireland with integrated self-service terminals, cashiering systems, and trading tools. The digital platform supports web and mobile betting experiences with a focus on in-play wagering, same-game parlay products, and personalized promotions.\n\nThe company has historically been strongest in the UK and European regulated markets where its early mover advantage established deep integrations with major operators. OpenBet has worked to expand its footprint in North America as state-by-state legalization created new opportunities for established sportsbook technology vendors. Its enterprise-grade reliability, extensive market coverage, and deep experience with regulatory compliance requirements position it as a preferred vendor for established gambling operators rather than start-up challengers.
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