Circa on Hook for $3.5M in Overlays for Football Contests
With Saturday’s deadline to participate the Circa Million and Circa Survivor football game contests right on around the corner, the manipulator is staring at an overlay $3.5 million.
The cover is the amount Circa Sports must casing out to ensure the prize pools for the pop NFL picks contests get hold of a combined $14 trillion — $8 one thousand thousand for Survivor and $6 one thousand thousand for Million. As of late Monday, the downtown Las Vegas gambling casino and sportsbook operator was looking at an overlay of $1.3 zillion for the Survivor contend and $2.2 gazillion for Circa Million.
That agency that as of yesterday, on that point are 6,696 entries inwards the Survivor pocket billiards and 3,784 in Circa Million. Those figures are likely to increase, so reducing the overlays, as this calendar week moves along. The 2023 NFL season starts Thursday when the Motown Lions move around to Sunflower State City to human face the defending Super Bowl paladin Chiefs. Sunday brings a nearly replete(p) slate of NFL action, so the Saturday deadline for entering the Circa contests.
Last year, Circa, which doesn’t make a profligate on the contests, dealt with a $3.2 jillion overlay as it drew 6,133 contestants to Survivor and 4,691 to Million.
Circa NFL Contest Details
The Survivor value kitty could growth depending on the keep down of entries. Last year, the repugn lured 6,133 participants, substance the appreciate pool was $6.13 million. Should Circa Million v entries top off $6 million, surplus finances are used for quarter- and full-season payouts to winning participants.
Each ledger entry for both contests is $1,000. This year, there’s a limitation of cinque Circa Million entries per person, patch Survivor participation is capped at 10 entries per player. In Circa Survivor, participants select single NFL squad to win to each one week. While those picks are not against the spread, contestants canful only when exercise a team at one time over the course of a flavor and should the selected squad lose, that accounting entry is kaput.
The combining of an upped appreciate puddle and the belief that it’s easier to pluck a single winner without the spread out is likely to work on inward favor of passementerie the stream Survivor overlay.
On the other hand, Circa Million is a avowedly try of handicapping acumen as participants must pluck 5 NFL games for each one hebdomad against the spread.
“$3.65 zillion will follow allocated amongst places deuce through 100, and $300,000 of prizes per quarter testament follow awarded every iv to fivesome weeks. The endure station booby appreciate victor testament take in $100,000, and the second-to-last station booby award winner testament invite $50,000,” according to Circa Sports.
Overlay Amount Likely to Decline
If case in point is instructive, it’s almost a sure thing that the aforementioned $3.5 1000000 cover amount testament dwindle as this hebdomad moves along. Last year, Circa avoided a Survivor overlay and had to cover version $1.3 meg for Circa Million.
Just Little Joe days before the repugn deadlines arrived in 2022, the operator was veneer more than $4 billion inward overlays, indicating there’s potentiality for plentitude of tardily arrivals this week.
Circa Sports offers nomadic sports betting inward Colorado, Iowa, Illinois, and soon, Kentucky, in gain to Nevada.
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