Last updated on: February 28th, 2022

Sports Betting Contests

As if wagering on sports wasn’t already exciting enough, sports betting contests add a whole new level of intrigue to each week’s matchups. Sports betting contests in 2022 will again be extremely popular across online sportsbooks. These contests were made famous by casino sportsbooks in Las Vegas, but they are now available through sports betting apps across the country. The highest paying and most frequent sports betting contests around all involve NFL football so if you’re a fan of the league you’ll definitely want to join in, however, there are many contests across all different leagues and sports. If you are a high roller, there are tons of huge money contests that the big players can compete and win in. If you work with a little smaller of a bankroll, have no fear, as there are hundreds of contests available for you as well. Grand prizes can range to hundreds of thousands of dollars and buy-ins can vary as well so you can pick the contest that works for you.

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Contests Involving Spreads

Circa Sports Million III

Casino:

Circa Sports

Entry Fee:

$1,000

Max Entries:

3

Top Prize:

$1 million

Sports betting fans can enter the Circa Sports Million III contests. Here, betting fans will pick five games against the spread and compete for over $4 million in cash prizes. The grand prize is $1 million and betting fans can enter as much as 3 times max. NFL betting fans must enter by 2 pm Saturday Week 1 and have their five ATS picks in. The bettors who hit each week to the end of the season will see themselves cashing in on the big prizes. Outside of the $1 million grand prizes, there are also cash prizes for all contests in the top 50. The last place winner collects $100,000.

Westgate Las Vegas SuperContest

Casino:

Westgate Las Vegas

Entry Fee:

$1,000

Max Entries:

3

Top Prize:

$1,132,500

This SuperContest being run by Westgate Las Vegas will see players compete for multiple in-season spread events. Contestants can enter a maximum of three times with a $1,000 entry fee each. There will be three six-week contests and six three-week contests throughout the season. The payouts will run $100,000, $50,000, $10,000, $5,000 and $2,500 for the top five contestants during the six week contests and $75,000, $25,000 and $5,000 for the three week contests. Players will choose teams against the spread and earn points for each win. With the contest paying out throughout the season, players can win a maximum of $1,132,500 throughout.

March Madness Contests

$250,000 Bracket Madness Contest – BetOnline

Opening in early February, the March Madness bracket challenge at BetOnline is one of the best online betting contests around. Entries must be locked in by March 17, 2022 – just four days after the bracket is released. Moving through each round of the tournament, the selections are locked in, but players can make modifications at anytime before the March 17 deadline.

Able to post up to 20 different brackets, BetOnline helps players out by reducing their entry fee with each purchase. To enter the contest, $25 is required but those maxing out their bracket opportunities can pay up to $180. Incentive is to get in early though, as anyone signed up for two of more entries in the BetOnline Bracket Challenge will get $10 in free play.

BetOnline Bracket Costs

  • Entry #1: $25
  • Entry #2: $20
  • Entry #3: $15
  • Entry #4-10: $10
  • Entry #11-20: $5

Scoring System

  • 1st Round Correct Picks: 1 Point each
  • 2nd Round Correct Picks: 2 points each
  • Sweet 16 Correct Picks: 4 points each
  • Elite 8 Correct Picks: 8 points each
  • Final Four Correct Picks: 16 points each
  • Correct Champion Picked: 32 points

With a guaranteed prize pool of $250,000, the top 700 finishers will earn the cash, with a tiebreaker being whoever chose closest to the actual points scored in the Championship. Without any rollover requirement, winners are paid out within 3 days.

Contest Payouts

  • 1st: $75,000
  • 2nd: $30,000
  • 3rd: $15,000
  • 4th: $7,500
  • 5th: $5,000
  • 6th-10th: $3,500-$1,000
  • 11th-400th: $750-$100
  • 401st-1000th: $75-$50