Circa Sports Brings Kentucky Derby Futures to Nevada Bettors
Circa Sports, a prominent player in the sports betting scene, has once again demonstrated its audacity and willingness to take risks with its latest offering: the Kentucky Derby futures board. This move marks Circa’s foray into horse racing, providing Nevada bettors with more options and allowing them to engage in advance wagering, which was previously prohibited in the state. With the closure of casinos due to the coronavirus pandemic, horseplayers in Nevada were unable to participate in any horse racing action. However, with the introduction of Circa’s mobile app, in-state bettors now have a chance to place bets on their favorite Derby contenders.
Expanding Betting Options for Race-Deprived Bettors
The absence of race opportunities and limited options had left bettors in Nevada craving more betting choices. Circa Sports stepped up to address this demand by releasing their Kentucky Derby futures board on their mobile app. To ensure fair play, the book has set a $200 limit on individual horses and a $500 limit on yes/no propositions. One intriguing aspect of this new wager is the ability to fade the top four Derby contenders – Nadal, Tiz the Law, Charlatan, and Authentic. This unique offering sets Circa Sports apart from its Nevada competitor, William Hill, which does not provide this specific betting option.
Understanding Yes/No Propositions
Let’s take Nadal as an example. Circa Sports lists Nadal as a +325 favorite to win the Kentucky Derby. However, if you believe another horse, such as Charlatan, will come out on top, you can choose to bet against Nadal by laying -450 on him not to win. This yes/no proposition adds an exciting twist to the traditional futures betting format, allowing bettors to challenge the favorites and potentially earn greater rewards.
Circa’s Careful Selection Process
To ensure that their futures board includes only horses with a realistic chance of entering the Churchill Downs starting gate on September 5th, Circa Sports has implemented a thorough selection process. The risk management team, led by Paul Zilm, the Risk Supervisor, meticulously evaluates each horse’s performance and likelihood of participation. Additionally, Circa Sports remains open to adding other horses to their futures board, provided they meet the necessary criteria.
Discovering Cezanne: The New Kid on the Block
One horse that caught Circa’s attention is Cezanne, a prodigy from Bob Baffert’s stable. After a curious inquiry from a social media user, Circa’s social media director relayed the question to Paul Zilm, who recognized the significance of this unraced colt. Upon conducting further research, Zilm discovered that Cezanne had been delivering exceptional workouts at Santa Anita and is expected to join the prestigious Derby Trail in the upcoming months. As a result, Circa Sports has placed Cezanne on their futures board with enticing odds of 55/1. Notably, William Hill has yet to list Cezanne on their futures board, giving Circa Sports an edge in this regard.
Comparing Circa’s Odds with Competitor William Hill
When comparing Circa Sports’ odds with their competitor, William Hill, some noteworthy differences arise. While Nadal stands at +325 on Circa’s board, William Hill offers slightly lower odds at +400. This variation is not limited to the favorites but extends to other horses as well. For instance, King Guillermo, Enforceable, Basin, and Ete Indien all have longer odds on Circa’s board compared to those on William Hill’s board. The disparity can be attributed to William Hill’s increased liability resulting from an additional seven months of offering Kentucky Derby futures.
Looking Ahead: Circa Sports and the Belmont Stakes
Circa Sports is not stopping at the Kentucky Derby. As per Paul Zilm, the Risk Supervisor, plans are underway to introduce Belmont Stakes futures within the next week. With the recent changes to the distance and date of the Belmont Stakes, Circa Sports aims to gather more information about the horses that will be competing in this renowned race. By carefully analyzing factors such as form, pedigree, and recent performances, Circa Sports expects to provide a comprehensive and engaging betting experience for horse racing enthusiasts.
Circa Sports Kentucky Derby Futures
Here are the top contenders along with other noteworthy horses on Circa Sports’ Kentucky Derby futures board as of May 22:
- Nadal: +325
- Tiz the Law: +575
- Charlatan: +650
- Authentic: +815
- Maxfield: 18/1
- Honor A.P.: 18/1
- Sole Volante: 22/1
- King Guillermo: 32/1
- Mr. Monomoy: 40/1
- Enforceable: 40/1
- Basin: 40/1
- Ete Indien: 50/1
- Azul Coast: 50/1
- Cezanne: 55/1
- Mischievous Alex: 60/1
- High Velocity: 60/1
- Gouverneur Morris: 75/1
- Cafe Pharoah: 75/1
- Silver Prospector: 75/1
- Thousand Words: 75/1
- Tizamagician: 75/1
- Dr. Post: 75/1
- Chestertown: 80/1
- Modernist: 80/1
- Wells Bayou: 80/1
- Major Fed: 80/1
Conclusion
Circa Sports’ bold move into horse racing by introducing the Kentucky Derby futures board on their mobile app has provided Nevada bettors with an exciting opportunity to engage in advance wagering. The addition of unique yes/no propositions, longer odds compared to competitors, and the inclusion of emerging horses such as Cezanne further enhances the betting experience for horse racing enthusiasts. As Circa Sports continues to expand its offerings, with Belmont Stakes futures just around the corner, bettors have much to look forward to in the world of horse racing.
FAQs
1. Are the betting limits the same for all horses on Circa Sports’ Kentucky Derby futures board?
No, Circa Sports has set a $200 limit on individual horses and a $500 limit on yes/no propositions. These limits ensure fair and balanced wagering opportunities for bettors.
2. Can I bet against the favorites on Circa Sports’ Kentucky Derby futures board?
Yes, Circa Sports offers the unique option to fade the top four Derby contenders, including the favorite Nadal. Bettors can lay wagers against these favorites in the hope of a successful upset.
3. Will Circa Sports be adding more horses to their futures board besides the ones listed?
Circa Sports remains open to the possibility of adding more horses to their futures board, provided they have a realistic chance of participating in the Kentucky Derby. Their thorough selection process ensures the inclusion of horses with credible potential.
4. How do Circa Sports’ odds compare to those of their competitor, William Hill?
In general, Circa Sports’ odds tend to be longer compared to William Hill, except for Nadal, who has slightly higher odds on Circa’s board. This variation can be attributed to the liability levels and differing approaches of the two sportsbooks.
5. What other upcoming events can we expect to see on Circa Sports’ betting platform?
Following the successful launch of their Kentucky Derby futures board, Circa Sports plans to introduce Belmont Stakes futures within the next week. By expanding their betting offerings, Circa Sports aims to cater to horse racing enthusiasts and provide an enhanced wagering experience.
