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BetMGM vs Circa Sports

BetMGM vs Circa Sports — Live Odds Side-by-Side

Live BetMGM vs Circa Sports odds across MLB, NBA, NFL and NHL games happening right now. Kalshi and Polymarket overlays included — see which book is offering the best price on each market.

BetMGM

MGM Resorts + Entain joint venture

sportsbook

BetMGM is a joint venture between MGM Resorts International (NYSE: MGM) and Entain plc (LSE: ENT), one of the top three US online sportsbooks by handle.

Visit BetMGM
Founded2018 · Joint venture (MGM Resorts + GVC/Entain)
HQJersey City, NJ
CEOAdam Greenblatt
Employees~1,800 (2025)
Public tickerMGM Resorts: NYSE: MGM · Entain: LSE: ENT
ParentMGM Resorts International + Entain plc (50/50 JV)

Regulation

RegulatorState gaming commissions (varies)
States25+ US states for sports betting (varies by year)

Scale · 2025-Q4

Monthly volumeHandle of ~$1.5–2B/month
Annual volume~$15B+ annual handle (2024)
Users~1.5M+ monthly active US users

Funding

Total raisedJV-funded — MGM + Entain each committed $450M initial capital
Last roundOngoing JV capital injections
Last round sizeN/A
ValuationEntain has previously valued its 50% stake at ~$5B
Key investorsMGM Resorts International (50%), Entain plc (50%)

Product

FeesVig ~4–5% on moneylines; standard parlay margins
Min position$0.50 minimum bet
Max positionVariable per market; competitive limits for non-sharps
SettlementUSD
Withdrawal1–3 business days for ACH; instant for M life Rewards conversion
MobileiOS, Android
PaymentsACH · Debit card · PayPal · Play+ prepaid · M life integration

Circa Sports

The sharp's sportsbook — highest limits in the regulated US market

sportsbook

Circa Sports is the sportsbook arm of Circa Resort & Casino (Derek and Greg Stevens, downtown Las Vegas), known for the highest limits in regulated US sports betting, no per-account caps for sharps, and the legendary Circa Million / Circa Survivor contests.

Visit Circa Sports
Founded2019 · Derek Stevens, Greg Stevens (Stevens family)
HQLas Vegas, NV
CEODerek Stevens (also CEO of Circa Resort & Casino)
Employees~150 (Circa Sports specifically)
ParentCirca Resort & Casino LLC (Stevens family)

Regulation

RegulatorNevada Gaming Control Board + state gaming commissions (CO, IA, IL, KY)
StatesNevada (kiosk + app); Colorado, Iowa, Illinois, Kentucky retail

Scale · 2025-Q4

Monthly volumeUndisclosed (private); reportedly $50–100M/month handle
Annual volumeUndisclosed (private)
UsersNiche — sharps + serious recreational; not retail-mass-market

Funding

Total raisedN/A — privately held by the Stevens family
Last roundN/A — bootstrapped within Circa Resort holdings
ValuationN/A — private
Key investorsStevens family (sole owners)

Product

FeesStandard sportsbook vig (~3–4% on moneylines, often tighter than DK/FD)
Min position$0.50 minimum bet
Max positionHighest limits in the regulated US market — published max limits, no winner limiting
SettlementUSD
WithdrawalSame-day in Nevada retail; 1–3 business days for app withdrawals
MobileiOS, Android (Nevada + Colorado + Iowa + Illinois + Kentucky)
PaymentsCash (retail) · Debit card · VIP Preferred · Wire (high-volume)

Feature-by-feature comparison

Side-by-side dimensions that matter when choosing between BetMGM and Circa Sports. Volumes are best-effort as of 2025-Q4.
DimensionBetMGMCirca Sports
Categorysportsbooksportsbook
Founded20182019
HeadquartersJersey City, NJLas Vegas, NV
RegulatorState gaming commissions (varies)Nevada Gaming Control Board + state gaming commissions (CO, IA, IL, KY)
States available25+ US states for sports betting (varies by year)Nevada (kiosk + app); Colorado, Iowa, Illinois, Kentucky retail
Monthly volumeHandle of ~$1.5–2B/monthUndisclosed (private); reportedly $50–100M/month handle
Annual volume~$15B+ annual handle (2024)Undisclosed (private)
Total raisedJV-funded — MGM + Entain each committed $450M initial capitalN/A — privately held by the Stevens family
Reported valuationEntain has previously valued its 50% stake at ~$5BN/A — private
Parent companyMGM Resorts International + Entain plc (50/50 JV)Circa Resort & Casino LLC (Stevens family)
Public tickerMGM Resorts: NYSE: MGM · Entain: LSE: ENTPrivate
Fee structureVig ~4–5% on moneylines; standard parlay marginsStandard sportsbook vig (~3–4% on moneylines, often tighter than DK/FD)
Min position$0.50 minimum bet$0.50 minimum bet
Max positionVariable per market; competitive limits for non-sharpsHighest limits in the regulated US market — published max limits, no winner limiting
SettlementUSDUSD
Withdrawal1–3 business days for ACH; instant for M life Rewards conversionSame-day in Nevada retail; 1–3 business days for app withdrawals
PaymentsACH, Debit card, PayPal (+2 more)Cash (retail), Debit card, VIP Preferred (+1 more)
Mobile appsiOS, AndroidiOS, Android (Nevada + Colorado + Iowa + Illinois + Kentucky)
Product categoriesSports betting, iGaming/casino, Poker (in some states)Sports betting (sharp-focused), Sports betting contests ($14M+ Circa Million), Circa Survivor NFL pool

Use BetMGM when…

  • Users who already visit MGM properties + want loyalty earn
  • Casino-first players who occasionally bet sports
  • European soccer focus (Entain pricing depth)

Use Circa Sports when…

  • Sharps who get limited at DraftKings/FanDuel
  • NFL bettors who want sharpest opening lines
  • Contest players (Circa Million, Circa Survivor are best-in-class)
  • Anyone willing to trade promo dollars for line quality

BetMGM strengths

  • Tied into MGM Resorts loyalty (M life Rewards earn on bets, redeem at any MGM property)
  • Strong casino integration — single wallet across sports + slots + table games
  • Backed by Entain's global trading desk (sharp pricing on European soccer)
  • Wide state availability and frequent state-specific promos

BetMGM trade-offs

  • Standard vig + parlay margin (no structural pricing edge vs Kalshi)
  • Limits skewed against winners (industry standard)
  • User experience can lag DK/FanDuel on app polish

Circa Sports strengths

  • Only major US sportsbook that doesn't limit winning bettors — published, repeatedly confirmed
  • Highest accepted bet limits in regulated US ($25k+ on NFL sides routinely)
  • Sharp opening lines on NFL — Circa is often the price discovery venue
  • Family-owned, no public-earnings-pressure to maximize hold against sharps
  • Legendary contests (Circa Million $14M+, Circa Survivor) — competition-level engagement

Circa Sports trade-offs

  • Limited state availability (NV + CO + IA + IL + KY — not in 25+ states like DK/FD)
  • Shallow player-prop coverage vs DraftKings/FanDuel
  • No same-game parlays — by design, but a deal-breaker for SGP-focused recreational users
  • No traditional new-user promo (Circa's pitch is sharp lines, not deposit bonuses)
  • App polish trails DK/FD
Live Odds — Next 72 HoursRefreshed live; Kalshi/books typically refresh every 5-30 min
No active games in the next 72 hours across MLB, NBA, NFL, NHL, or NCAA football. Check back during in-season weeks for live comparison data.

BetMGM vs Circa Sports — practical differences

BetMGM: strong ncaaf/ncaab lines. mgm rewards tie-in (comps + vegas perks). Circa Sports: highest limits in the regulated us market. sharp-friendly. hosts the $14m+ million contest. For most regulated US bettors the right strategy is to hold accounts at both and line shop — neither book consistently leads on every market.

Where the gaps appear

Game lines (h2h, spreads, totals) on major-league sports usually agree within 1-2 percentage points between BetMGM and Circa Sports — the books pull from similar pricing services and adjust against each other in real time. Player props and futures are where divergence shows up: market depth differs, and one book will price stale relative to the other for hours at a time when news drops.

FAQ

BetMGM vs Circa Sports — which has better odds?
Neither consistently wins. Across MLB and NBA moneylines, BetMGM and Circa Sports prices typically agree within 1-2pp, with each beating the other on roughly half the markets. The biggest gaps appear on player props and futures where market depth differs.
Should I have accounts at both?
Yes — line shopping between major regulated US books captures 2-5% extra EV over a season. The 90 seconds it takes to check both before placing a bet is the highest-hourly-rate work in regulated betting.
Which book has better promotions?
Both offer competitive new-user offers (First-bet offer up to $1,500 in bonus bets (state-dependent) vs No traditional welcome bonus — competitive opening lines instead). Ongoing promos cycle: BetMGM historically runs more SGP boosts; Circa Sports runs more odds-boost specials on chalk parlays.
How do exchange prices (Kalshi, Polymarket) compare?
Kalshi and Polymarket frequently price 3-10pp off both BetMGM and Circa Sports on the same market. SportsBookISH overlays the exchange prices on every event so you can spot when the sportsbooks are out of step with the regulated exchange consensus.

Sources and further reading

All figures best-effort as of 2025-Q4. Funding, valuations, and volume are sourced from public filings, official communications, and third-party trackers (Crunchbase, Wikipedia). Affiliate disclosure: SportsBookISH may receive a referral commission when readers sign up for a regulated sportsbook or prediction market via links on this page.

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