Circa Sports activities is elevating the stakes once more on NFL handicapping contests.
After rising the assured prize cash for its Circa Million and Circa Survivor contests from an unprecedented $10 million in 2021 to $12 million final yr, the downtown sportsbook this yr is sweetening the pot to a file $14 million.
The $1,000 entry Million V will once more function $6 million in assured payouts, whereas the $1,000 entry Survivor will function an $8 million assured payout — up from $6 million final season.
“We actually need to develop the most important soccer contests ever. We wish them to be a key a part of the Circa Sports activities model,” Circa on line casino proprietor Derek Stevens stated. “I believe these soccer contests are nice for Circa Sports activities and nice for Las Vegas.”
The Million V contest will want 6,000 entries to fulfill the assure, and Survivor will want 8,000 entries to fulfill the assure.
Final yr, Circa Survivor beat its $6 million assure with 6,133 entries. Contestants decide one straight-up NFL winner (with no level spreads concerned) every week however can use every staff solely as soon as.
“We need to bump up Survivor as a result of we surpassed the assure final yr,” Stevens stated.
However Circa Million IV fell wanting the $6 million assure with 4,691 entries. That resulted in a $1.3 million overlay for bettors that was paid for by the e-book. Entrants make 5 NFL picks towards the unfold every week.
“We’re going to maintain the assure on the Circa Million the identical as final yr as a result of we didn’t hit it,” Stevens stated. “We had that overlay final yr, so we’ve nonetheless received to develop into that $6 million assure.”
Circa additionally paid $1.92 million in 2021 to cowl an overlay in Survivor and has shelled out a complete of $3.2 million the final two years to cowl overlays.
“Yearly, we attempt to push it,” Stevens stated. “If there’s a small overlay, there’s a advertising element. We’re not trying to have a large overlay, however generally it occurs that means.”
Circa has elevated the utmost quantity of entries allowed in every contest, from three to 5 in Million and from six to 10 in Survivor.
In Survivor, contestants can buy as much as 10 further entries in the event that they lose their authentic entries on the opening “Thursday Night time Soccer” sport Sept. 7 between the Chiefs and Lions. An entrant can not go into the Saturday deadline with greater than 10 energetic entries.
Additionally, the e-book has eradicated the $1 million undefeated bonus prize from final season in Survivor that was assured to go to any contestant who went 20-0 and didn’t use both of the groups from the earlier Tremendous Bowl (Bengals and Rams).
“We actually needed to give attention to making the assure greater,” Stevens stated. “So we eradicated the bonus and stated, ‘Let’s push the assure to $8 million.’”
The Circa Million V winner is assured $1 million, together with a Circa Sports activities blue jacket.
Locations two by 100 shall be paid a complete of $3.65 million. There shall be $1.2 million in quarterly prizes awarded. The last-place booby prize will obtain $100,000, and the next-to-last-place booby prize will obtain $50,000.
Final season’s Circa Million IV champion completed 59-26-5 ATS, whereas the booby prize winner went 29-55-6 ATS.
Two entries went 20-0 final season (NFL weeks 1 by 18, plus Thanksgiving and Christmas) to share $6.1 million in prizes in Circa Survivor.
This yr, Thanksgiving/Black Friday and Christmas Day will every be thought-about their very own contest weeks in Survivor.
Registration begins Thursday. Signal-ups and entries could be made at Circa, the D Las Vegas, Tuscany, The Move and Legends Bay.
Individuals exterior Nevada can enter the contests and have their weekly picks made by a proxy.
Contact reporter Todd Dewey at email@example.com. Comply with @tdewey33 on Twitter.