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DraftKings vs Circa Sports

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

Live DraftKings 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.

DraftKings

Largest US sportsbook by handle

sportsbook

DraftKings is a publicly traded US online sportsbook and DFS operator with the deepest market coverage and highest handle in the US legal-sports-betting market.

Visit DraftKings
Founded2012 · Jason Robins, Matt Kalish, Paul Liberman
HQBoston, MA
CEOJason Robins
Employees~5,500 (2024)
Public tickerNASDAQ: DKNG

Regulation

RegulatorState gaming commissions (varies by state)
States27+ US states for sports betting (varies; check the DraftKings state coverage map for the live list)

Scale · 2025-Q4

Monthly volumeHandle of ~$3–4B/month (peak during NFL season)
Annual volume$40B+ annual handle reported 2024
Users~3M+ unique monthly active sports betting users

Funding

Total raisedPublic since 2020 — no private rounds since
Last roundSPAC merger April 2020 (Diamond Eagle Acquisition Corp)
Last round size~$700M SPAC proceeds
ValuationMarket cap typically $15–25B depending on quarter
Key investorsPublic markets (NASDAQ), GSR Group (DFS-era seed)

Product

FeesVig: ~4–5% on standard moneylines; ~10–20% house margin on parlays
Min position$0.10 minimum bet
Max positionVariable per market — sharps can be limited after big wins
SettlementUSD
Withdrawal1–3 business days for ACH; 1–5 business days for check
MobileiOS (App Store), Android (Google Play, DraftKings.com sideload in some states)
PaymentsACH · Debit card · PayPal · VIP Preferred · Online banking

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 DraftKings and Circa Sports. Volumes are best-effort as of 2025-Q4.
DimensionDraftKingsCirca Sports
Categorysportsbooksportsbook
Founded20122019
HeadquartersBoston, MALas Vegas, NV
RegulatorState gaming commissions (varies by state)Nevada Gaming Control Board + state gaming commissions (CO, IA, IL, KY)
States available27+ US states for sports betting (varies; check the DraftKings state coverage map for the live list)Nevada (kiosk + app); Colorado, Iowa, Illinois, Kentucky retail
Monthly volumeHandle of ~$3–4B/month (peak during NFL season)Undisclosed (private); reportedly $50–100M/month handle
Annual volume$40B+ annual handle reported 2024Undisclosed (private)
Total raisedPublic since 2020 — no private rounds sinceN/A — privately held by the Stevens family
Reported valuationMarket cap typically $15–25B depending on quarterN/A — private
Parent companyIndependentCirca Resort & Casino LLC (Stevens family)
Public tickerNASDAQ: DKNGPrivate
Fee structureVig: ~4–5% on standard moneylines; ~10–20% house margin on parlaysStandard sportsbook vig (~3–4% on moneylines, often tighter than DK/FD)
Min position$0.10 minimum bet$0.50 minimum bet
Max positionVariable per market — sharps can be limited after big winsHighest limits in the regulated US market — published max limits, no winner limiting
SettlementUSDUSD
Withdrawal1–3 business days for ACH; 1–5 business days for checkSame-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 (App Store), Android (Google Play, DraftKings.com sideload in some states)iOS, Android (Nevada + Colorado + Iowa + Illinois + Kentucky)
Product categoriesSports betting, DFS contests, iGaming/casino, Pick6 propsSports betting (sharp-focused), Sports betting contests ($14M+ Circa Million), Circa Survivor NFL pool

Use DraftKings when…

  • Recreational bettors who want broad coverage + live betting
  • Same-game parlay players (the SGP product is best-in-class)
  • DFS contest players who want betting in the same wallet

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

DraftKings strengths

  • Largest US sports betting handle and market coverage
  • Tightest spreads/totals on major US leagues (NBA, NFL)
  • Wide player-prop and same-game parlay coverage
  • Mature mobile app with live streaming, cashout, partial-cashout
  • Frequent promo offers — boosted odds, deposit matches, no-sweat first bets

DraftKings trade-offs

  • Vig averages 4–5% on moneylines, much higher on parlays
  • Limits sharps aggressively after sustained winning
  • State-by-state availability — not legal in CA, TX, FL, HI, AK among others
  • Geo-restricted; you must be physically in a licensed state to place bets

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.

DraftKings vs Circa Sports — practical differences

DraftKings: industry-leading sgp (same-game parlay) market, deepest player-prop tree in mlb and nba. 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 DraftKings 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

DraftKings vs Circa Sports — which has better odds?
Neither consistently wins. Across MLB and NBA moneylines, DraftKings 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 (Bet $5, get $200 in bonus bets (standard new-user offer; varies by state) vs No traditional welcome bonus — competitive opening lines instead). Ongoing promos cycle: DraftKings 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 DraftKings 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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