Circa Bettor Hedges $3.75M Seahawks Futures Payout with $1M Patriots Bet

Circa tells Covers a customer who has already cashed 3 Seahawks futures tickets is hedging $1 million against his Super Bowl futures bet.

Brad Senkiw - Contributor at Covers.com
Brad Senkiw • News Editor
Feb 3, 2026 • 14:32 ET • 4 min read
Photo By - Reuters Connect. The Seattle Seahawks and New England Patriots helmets are displayed with the Vince Lombardi Trophy before a press conference for NFL commissioner Roger Goodell at San Jose Convention Center. Kirby Lee-Imagn Images

A bettor who placed a million-dollar bet at Circa Sports in Las Vegas on the New England Patriots to beat the Seattle Seahawks in Sunday’s Super Bowl LX isn’t just going off a hunch. 

Key Takeaways

  • The million-dollar Pats bettor is hedging a Seahawks futures ticket worth over $3.7 million. 

  • The unidentified bettor already won on huge Seattle bets placed before the season at Circa and MGM. 

  • The moneyline on New England has grown even longer than when the massive wager was placed. 

The massive wager is actually a hedge, a bet that backs up a larger amount on the other side to ensure a profitable game. While there have already been several big bets on Super Bowl LX with huge payouts, this one at Circa is one of the most significant. 

Mike Palm, the vice president of operations at Circa, The D, and Golden Gate, told Covers on Tuesday that the same customer who bet the Pats moneyline at +188 for $1.1 million, with a payout of more than $2 million, also has a massive, +7,500 futures ticket on Seattle to win the Super Bowl. 

The payout on the Seahawks Super Bowl winner bet would net the individual $3.75 million and deal Circa, which is known for taking large wagers, a hefty blow. 

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Trio of hits

The bettor, though, didn’t have a hard time coming up with the million dollars to put on Sunday’s underdog, and Circa didn’t mind taking it. 

He already hit three other Seahawks futures that have netted him more than $2.2 million on $150,000 total in wagers. And Circa isn’t the only sportsbook in Vegas where he holds such a valuable ticket. 

“This gentleman came in in August – at least here and at the MGM that we know of – and bet futures on the Seahawks for I don’t know how much at the MGM or what their prices were. Here, they were all for $50,000,” Palm said. “He bet them to make the playoffs, to win the West, to win the NFC, and to win the Super Bowl. So he’s cashed the first three.”

Getting around town

The bettor got Seattle’s “make the playoffs” odds at +180, Palm said. Winning the NFC West came at +600, with claiming the conference title, which Seattle won over the rival Los Angeles Rams, coming in at +3,700 at Circa before the season began. 

“The player is gonna take advantage and monetize his bets,” Palm said. “He made some really good futures bets, but that was it for our big futures liabilities this year.” 

BetMGM data analyst John Ewing confirmed last week that a bettor holds a $50,000 ticket on the Seahawks to win the Super Bowl with odds of +6,000.

BetMGM declined to share any additional information on that wager.

Palm said the hedge bettor was a first-time customer back in August. No other information about the individual is known. 

Liability issue 

The Patriots are a 4.5-point underdog at Circa in Sunday's Super Bowl. After the retail operator took that million-dollar bet, the moneyline odds dropped to +182. However, as of Tuesday, Circa customers have since pushed that line up to +190, longer Super Bowl odds than when the big bettor made his big investment. 

“He could’ve taken the points, waited, taken 4.5 or 5, and tried to middle it, but he took the moneyline,” Palm said. “So one ticket is gonna win, and one ticket is gonna lose. He’s gonna make a million dollars off of it at least.”

Unsurprisingly, based on what happens if Seattle wins outright on Sunday, the Seahawks represent Circa’s biggest liability in the futures market. The only other team that comes close was the Houston Texans, which cost the retail sportsbook about $1 million in the futures markets. 

“Those were really the only two teams we had any liability to,” Palm said. “We had our shot with the Rams to knock out the Seahawks, but it didn’t happen.”

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Brad Senkiw - Covers
News Editor

Brad has been covering sports betting and iGaming industry news for Covers since 2023. He writes about a wide range of topics, including sportsbook insights, proposed legislation, regulator decision-making, state revenue reports, and online sports betting launches. Brad reported heavily on North Carolina’s legal push for and creation of online sportsbooks, appearing on numerous Tar Heel State radio and TV news shows for his insights.

Before joining Covers, Brad spent over 15 years as a reporter and editor, covering college sports for newspapers and websites while also hosting a radio show for seven years.

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