Circa Sports is raising the stakes again on NFL handicapping contests. The sportsbook, which is located in Las Vegas, announced the increase on Thursday.
After increasing the guaranteed prize money for its Circa Million and Circa Survivor contests from an unprecedented $10 million in 2021 to $12 million last year, the downtown sportsbook this year is sweetening the pot to a record $14 million.
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Circa Million V
The $1,000 entry Million V will again feature $6 million in guaranteed payouts, while the $1,000 entry Survivor will feature an $8 million guaranteed payout — up from $6 million last season.
The new prize money will be divided among the top finishers in Circa’s three NFL contests: the Million Dollar Pick’Em, the Million Dollar Parlay, and the Million Dollar Teaser.
The Million Dollar Pick’Em is a straight-up picking contest, while the Million Dollar Parlay and Million Dollar Teaser are both parlay contests.
To enter any of Circa’s NFL contests, players must make a $25 deposit. The Million Dollar Pick’Em contest will begin on September 8, while the Million Dollar Parlay and Million Dollar Teaser contests will start on September 9.
Circa’s NFL contests are some of the most popular in the country. Last season, the Million Dollar Pick’Em contest had over 100,000 entries. The sportsbook hopes the increased prize money will attract even more players this season.
The Million V contest will need 6,000 entries to meet the guarantee, and Survivor will need 8,000 entries to meet the guarantee.
Circa Survivor
Last year, Circa Survivor beat its $6 million guarantee with 6,133 entries. Contestants pick one straight-up NFL winner (with no point spreads involved) each week but can use each team only once.
The Circa Million V winner is guaranteed $1 million, along with a Circa Sports blue jacket.
Places two through 100 will be paid a total of $3.65 million. There will be $1.2 million in quarterly prizes awarded. The last-place booby prize will receive $100,000, and the next-to-last-place booby prize will receive $50,000.
Last season’s Circa Million IV champion finished 59-26-5 ATS, while the booby prize winner went 29-55-6 ATS.
Two entries went 20-0 last season (NFL weeks 1 through 18, plus Thanksgiving and Christmas) to share $6.1 million in prizes in Circa Survivor.
Circa Sports is not the only sportsbook offering big prize money for NFL contests. Other sportsbooks, such as BetMGM and FanDuel, also provide millions of dollars in prize money.
Don’t forget that you can place bets while on the go with the best Las Vegas sports betting apps—the convenience of betting at your fingertips while waiting for your coffee or sitting in traffic.
The increased prize money for NFL contests is a sign of the growing popularity of sports betting in the United States. As more states legalize sports betting, we expect more sportsbooks to offer significant prize money for NFL contests.
Here are some of the critical details about the new Circa Sports NFL contests:
Million Dollar Pick’Em: This contest features a $6 million guaranteed prize pool. Players must pick the winner of each NFL game each week.
Million Dollar Parlay: This contest features a $6 million guaranteed prize pool. Players must pick the winners of multiple NFL games in a single parlay bet.
Million Dollar Teaser: This contest features a $6 million guaranteed prize pool. Players must pick the winners of multiple NFL games, but they can adjust the point spread of each game.
Registration for all three contests begins on Thursday. Sign-ups and entries can be made at Circa, the D Las Vegas, Tuscany, The Pass, and Legends Bay.
People outside Nevada can enter the contests and have their weekly selections made through a proxy.
Tony is a pro sports journalist who dedicates most of his free time to watching the latest matches and games on TV. Tony enjoys outdoor activities such as hiking, cycling, and basketball when he's not participating in sports-related activities or seeing his friends.
In addition to being a sports expert, Tony has extensive knowledge of finances and accounting. He leverages this expertise to provide insightful betting analysis for all sports, identifying value based on overlooked factors.