• Loading stock data...
Sunday, May 19, 2024

NFL Survivor Pools Remain Relevant in the Legal Sports Betting Era

  • One of the most popular betting niches has evolved from friends entering picks in a spreadsheet to a multimillion-dollar enterprise.
  • The business and function of survivor pools can vastly differ depending on who is running them.
Minnesota Vikings wide receiver Justin Jefferson fumbles the ball out of bounds in the end zone while being tackled by Philadelphia Eagles safety Terrell Edmunds during the second quarter at Lincoln Financial Field.
Bill Streicher-USA TODAY Sports

Ahead of Week 1, the American Gaming Association projected that 73.5 million American adults — equal to about 28% of all adults in the United States — plan to bet on the NFL this season.

Despite increased access to traditional sports betting, one of the most popular Las Vegas-bred niches — survivor pools — will once again draw a small but significant portion of that population. Per AGA, 24% plan to bet as part of a pool, squares or paid fantasy contest.

Survivor’s appeal comes from its uncomplicated premise. No point spreads, totals, or props.

“There is a beautiful simplicity to it,” Circa Sports CEO Derek Stevens tells Front Office Sports. “It’s not an intimidating contest in any manner… The more you’re in it, the more you can really learn what the complexities are.”

Contestants pick one team to win each week, but teams cannot be repeated and a single loss results in elimination.

“It’s easy to play, but there’s a lot of nuance to it as well, which I think makes it a very popular game,” says Splash Sports co-founder Joel Milton. “There really is a fair amount of game theory that goes into it. There’s whole articles and even websites dedicated towards survivor strategies.”

The business of survivor pools can vastly differ depending on who is running them. Just ask Circa and Splash, two companies that emerged following the national legalization of sports betting.

“We opened up Circa Sports a year before we opened up our Circa Las Vegas resort,” says Stevens, a Las Vegas veteran who owns several other hotels and casinos on Fremont Street. “We did that because Circa Sports was always going to be our brand that we wanted to grow throughout the country.”

To grow that brand, the survivor contest functions as one giant advertisement — especially given Circa Survivor is no-rake, so the house doesn’t take a cut of the $1,000 entry fees.

With 9,267 entrants ahead of Week 1, the Circa Survivor pot reached $9,267,000 — the largest legal survivor prize on record and all of which will be paid out to the last person or people standing. Circa outdid its own loftiest ambitions, as last year’s contest garnered over $6.1 million and this year’s was originally guaranteed for $8 million.

“We’re the most sports-orientated casino, it’s only appropriate that we’ve got the biggest and best football contest,” Stevens says.

The Newcomers That Want To Upend Sports Betting’s Duopoly

Fanatics Sportsbook, ESPN Bet eye major market impact during NFL season
September 16, 2023

Splash’s survivor contests, on the other hand, are geared far more towards the general public and are therefore much more central to its revenue model.

After purchasing RunYourPool and OfficeFootballPool in 2021, Milton and fellow co-founder TJ Ross created Splash to allow contestants to use real money within the app, rather than having to exchange money offline. Splash is legally regulated under daily fantasy sports criteria rather than sportsbook criteria.

“Tens of millions of Americans are realizing that they have ways to better engage with each other, their friends, [and] their communities,” Milton says, alluding to the fact that contestants play against each other rather than the house as in traditional sports betting. “Technology plus legalization equals opportunity and growth.”

At its core, socialization and ease of access are why survivor pools remain popular even as traditional sports betting increases: While AGA’s research didn’t break it down to the survivor contest level, it did find that 7% of American adults plan to bet on the NFL as part of a pool, squares or paid fantasy contest, a 5% increase from the year before.

“Yes, they’ve been around for a long time, but you haven’t been able to play them in a way where you just go online and play against this many people,” DraftKings director of race and sports operations Johnny Avello tells FOS, noting that the company is seeing more people enter its survivor contests each year.

The survivor pool format has evolved from the days of friends entering their picks into a spreadsheet, to a huge, multi-million dollar enterprise. The deviously simple format — easy to pick up, but difficult to master — will ensure its relevance in the NFL betting ecosystem.

Editor’s Note: Front Office Sports hosts an NFL survivor contest as part of a branded partnership with Splash Sports.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

NFL’s Christmas Shake-Up: Netflix and Amazon Will Take It Over in ’25

This is the new-age NFL, where anything goes, if the price is right.

NFL’s Schedule Points to Network Strategies: Chiefs Lead, Texans Rise

The two-time defending champions are a fixture across many of the league’s tentpole events.

NFL-Netflix Deal Could Set Stage for Mother of All Cash Grabs

The NFL’s leverage with streamers and broadcasters is only increasing.
Jaguars rendering 2024

Jags’ Latest Stadium Plan: $1.4B in Upgrades, Relocate for ’27 Season

The NFL team and Jacksonville mayor Donna Deegan presented a new stadium renovation agreement.
podcast thumbnail mobile
Front Office Sports Today

MLB, NBA, NHL Broadcasting Future Goes to Court

0:00

Featured Today

Michael Block signs autographs on the 18th hole during day three of practice for the PGA Championship at Valhalla Golf Club on Wednesday, May 15, 2024.

‘I Prefer It This Way’: How Life Works for PGA Club Pros

Here’s how life works for the qualifiers at golf’s second major.
February 5, 2019; Washington, DC, USA; The grounds of the Capitol Building empty out following the conclusion of President Donald Trump's State of the Union speech on February 5, 2019.
May 18, 2024

‘A Breathtaking Lobbying Campaign’: The NCAA’s Sophisticated Effort to Save Amateurism

Inside the carefully coordinated, multimillion-dollar operation to end the athletes’ rights era.
May 14, 2024

The WNBA Was Forged in Houston. Why Won’t It Go Back There?

Houston’s a perfect fit for expansion. The league isn’t considering it yet.
May 9, 2024; Indianapolis, IN, USA; Indiana Fever guard Caitlin Clark (22) stands with the team during the national anthem on Thursday, May 9, 2024, during the preseason game against the Atlanta Dream at Gainbridge Fieldhouse in Indianapolis.
May 12, 2024

‘Perfect Storm’: The Rise of Local WNBA Broadcast Pacts

With national attention reaching new heights, regional coverage could dictate the future.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

Former Ohtani Interpreter Pleading Guilty to Bank Fraud, False Tax Return

Ippei Mizuhara faces up to 33 years in federal prison for his crimes.
Mystic Dan
May 6, 2024

Kentucky Derby Roars Back With Big TV Numbers, Inks NBC Extension

The Triple Crown horse race posts an extended set of audience and betting increases.
May 7, 2024

Commissioners Grapple with Power Limits Amid Sports Betting Boom

The NBA’s Adam Silver acknowledges ‘we only have so much control.’
Sponsored

Major League Rugby’s Vision for American Rugby

How Major League Rugby is leading the Rugby renaissance in the U.S.
May 5, 2024

Can ESPN Bet Get on Solid Footing Before Football Season?

Penn Entertainment missed its quarterly estimates.
May 2, 2024

ESPN’s Pat McAfee Jokes About ESPN Bet’s Poor Performance

‘You get knocked down, you come back!’ he said.
May 1, 2024

New Report Shows How Bookie Laundered Ohtani’s Stolen Cash

Ohtani’s stolen money wound up in a Las Vegas casino.
April 17, 2024

NBA’s Lifetime Ban Highlights Surge in Gambling-Related Incidents

The NBA’s lifetime ban on Jontay Porter marks a crescendo of escalating incidents across the industry.