Circa Survivor Hits $9M Prize Pool, 31 Contestants Fail to Pick in Week 1
Las Vegas-based sportsbook Circa Sports (pictured) has attracted a record number of bettors to its 2023/2024 NFL contests.
The “Circa Survivor” contest has amassed a record-breaking prize pool of $9,267,000. As of the recent count, it has attracted 9,267 entrants, who each paid $1,000 for their participation privilege.
Players must pick a winning NFL team each week, with the twist that each team can only be picked once per entry. Pick a losing team, and you’re out.
Last week, we reported the operator was facing a $1.3 million overlay on Circa Survivor, needing 1,500 more entries to hit 8,000 and match its guaranteed prize pool with only days to go.
Week 1 Winners and Losers
With week 1 of the NFL season now over, nearly 2,000 entrants have already been eliminated from Circa Survivor. That includes 31 entrants who made the strange choice of paying $1,000 just to not make a pick.
The biggest losing bet of the first round was the Minnesota Vikings, who lost 17 – 20 to the Tampa Bay Buccaneers. 1,044 Survivor picks were placed on the Vikings. Meanwhile, 600 bettors fell at the first hurdle after picking the Seattle Seahawks, who lost 13 – 30 against the L.A Rams.
Only two teams weren’t picked by any of the 9200-plus entrants. That was the winning Miami Dolphins and the losing New York Giants, who got steamrolled 40-0 by the Dallas Cowboys.
The most popular winning pick of the opening week was the Washington Commanders, who beat the Arizona Cardinals, 20-16. Around 38% of Survivor contestants correctly picked the D.C.-team as Week 1 winners, but will now be unable to choose them again this season.
Circa Millions and a Deadline Race
The partner contest to Circa Survivor, “Circa Millions,” lets bettors pick against the spread each week, with points awarded on a leaderboard based on accuracy of picks.
It just made the 6,000 competitors needed to guarantee its $6 million prize pool.
Last year, Circa Sports faced a similar challenge in getting entries in at a late stage. A week before the deadline, they were looking at a $3.2 million overlay. However, a last-minute influx of entries reduced the overlay to $1.3 million across both competitions.
This year, they’ve done even better. Circa Survivor entries are up 50% on 2022, and the operator faces no overlay for the prize pools of either event.
Circa Sports’ venue at the Circa Resorts & Casino in Las Vegas, which claims to be the largest sportsbook venue in the world, allows players from across the U.S. to compete in the contests – despite Nevada law requiring bets to be placed in-person at the sportsbook.
That’s because they offer a proxy service to entrants for placing each weeks picks. However, players did have to sign up for the competition in-person at one of Circa Sports’ two locations in Nevada, the other being at the Legends Bay Casino in Sparks.
Bettors who do visit in-person can also check out the absolutely huge wall of screens and the recently-launched Sports Gambling Hall of Fame.