Underdog began offering drive-by-drive prediction markets on NFL games, a product its director of product said he believes is the first of its kind.
The launch comes weeks after the Commodity Futures Trading Commission paused micro contracts from Novig over manipulation concerns, and as several states weigh banning live betting at sportsbooks.
Underdog director of product Harry Raymond tweeted screen recordings of the new markets during Monday Night Football between the Bills and Vikings. The contracts resemble micro bets offered at regulated sportsbooks, including the result of the next drive and who will catch a pass on that drive.
“Excited to bring these fast-moving markets to more fans,” Raymond wrote. “Trust me, Monday Night Football has never been this fun.”
