Battle of the Handicapping Stars

Official Rules for "The 2010 Santa Anita Battle of the Handicapping Stars"

1. PLAYER'S BANKROLL:

This is a “real money” Handicapping Tournament. Players will be required to put up a $10,000 bankroll from which $2,500 will enter into a prize pool and $7,500 will be in tournament wagers will be made over two days. At the conclusion of the tournament, any dollar amount remaining in the bankroll – whether it grows to $20,000 or falls to $100 – remains the property of the player.

2. TO ENTER:

There is no entry fee to participate in any phase of this Tournament. However, of the initial $10,000 bankroll, $2,500 is applied towards the prize money pool and $7,500 is for wagering. A non-refundable deposit for $1,000 is required to confirm your spot in the Tournament. The $1,000 deposit will be credited as part of your bankroll. With only 30 entries available the earlier your bankroll is received the better the chance you have to participate. The remainder of the $9,000 bankroll is due by February 19, 2010. Again the first thirty (30) checks received by L.A.T.C. will determine who plays in the Tournament. Only one entry per person. No partner entries. Please mail check (payable to Los Angeles Turf Club) along with your name, address, telephone number and mail to: Santa Anita Battle of the Handicapping Stars, PO Box 60014, Arcadia, CA 91006-6014. If for any reason your balance is not received by February 19, 2010. Only a bank check or cash will be accepted after this deadline.

3. FORMAT:

Tournament races will include all live races from Santa Anita Park on Saturday, February 27 and Sunday, February 28, 2010 only. All wager types are allowed with the exception of Superfecta, Super High-5 and multi-race bets. A minimum of $500 must be wagered on at least six (6) races Saturday, February 27, totaling a minimum of $3,000 wagered. Should a player fail to bet the required minimum number of races on Saturday’s card, 1,000 scoring points (at one point per dollar) will be deducted form your Saturday total. A minimum of $750 must be bet on at least 6 races Sunday, February 28, totaling a minimum of $4,500 wagered. Should a player fail to bet the required minimum number of races on Sunday’s card, you will be disqualified and any remaining balance will be returned. There are no maximums – players may wager as much as they want, including winnings from their original bankroll, whenever they wish. The player with the largest bankroll after the last race on Sunday is the Grand Prize winner.

Rule clarification – There are ten (10) races on Saturday, February 27. You are required to play in at least six (6) of those races. For every race you don’t wager at least $500 of those six (6), 1,000 contest points will be deducted.

*Reminder that on Sunday, February 28 if you fail to wager at least $750 on six (6) races you will be disqualified and your remaining bankroll will be refunded.

4. PRIZES:

The prize money available is guaranteed at $85,000. $2,500 from each of the 30 players and $10,000 added to the prize pool by Santa Anita Park. $50,000 for finishing first, $25,000 for finishing second, $7,500 for finishing third, and $2,500 for finishing fourth. If contestants are tied, prize money will be shared equally. The top three finishers at the end of two days play will each receive entry into the 2011 DRF/NTRA Handicapping Challenge in Las Vegas, courtesy of Santa Anita Park. Hotel rooms and airfare to Las Vegas are included. If for any reason one of the top three finishers cannot attend or has already qualified for the National Championship, the next highest placing qualifier will receive the entry. Depending on a particular situation, L.A.T.C. (in cooperation with the NTRA) may assign an alternate qualifier.

5. PLAYER CARDS:

Each participant will be issued a player card used for all wagers. This card contains the “real money” bankroll of $7,500. If a player loses his/her card or the card is not working, the player should immediately report to FrontRunner to receive a new card or contact contest officials.

6. PLACING WAGERS:

All wagers must be placed through self-service machines. Wagers will not be accepted through mutuel tellers. Players must place all wagers personally. No person shall directly or indirectly act as an intermediary, transmitter, or agent in placing wagers for the player, unless authorized by L.A.T.C. tournament officials. All official track rulings will apply to wagers placed in the Tournament except as otherwise stipulated. The tournament will be based on official’s placement and mutuels at Santa Anita. If a player wagers on a track other than Santa Anita Park for purposes of the contest, the player will be disqualified.

7. IRS WITHHOLDING:

On winning wagers that result in a payoff at odds of 300 to 1 or greater AND pay over $5000, IRS withholding will automatically be deducted from the player’s card. Whereas, for contest scoring purposes, the gross amount of the winning wager will be recorded in the player’s score. Please note for purposes of wagering in the contest, only the net amount (the amount received after the IRS withholding) will be available to the player.

8. SCRATCHES:

If a horse is scratched after a wager is placed, it is the player’s responsibility to change his/her selection prior to the race subject to all other contest wagering rules. If the scratch results in a player not making the minimum race or wager requirements, the standard penalty applies.

9. TIES:

In a result of a tie between any of the top four finishing positions, the player with the highest total of win bets won will be declared the winner. If the players tied have the same number of win bets won, the most money from win bets will be declared the winner. If there is still a tie, the player with the most money earned in the last race on Sunday that they played the $750 minimum in will be declared the winner. If there is still a tie, the most money earned in the second to last race on Sunday, will be declared the winner. Only a total of 3 entries to the National Handicapping Championship will be given away.

10. CONTEST STANDINGS:

Current standings will be posted after every race.

11. INELIGIBILITY / DISCLOSURE:

The following are ineligible to participate in this contest: employees of Magna Entertainment Corp. or any of its subsidiaries, Los Angeles Turf Club, Inc., Oak Tree Racing Association, Santa Anita Culinary Services, or any of their subsidiaries; members of the California Horse Racing Board, or members of their immediate families, including spouses, children, siblings and parents of any of the foregoing; trainers, employees of the National Thoroughbred Association. If anyone has any ownership interest in any horses running in any of the applicable tournament races then all involvements must be fully disclosed to all players in the tournament.

12. TAXES:

Liability for any and all federal, state, and local taxes is solely the responsibility of prize winners.

13. AFFIDAVITS:

Affidavits confirming compliance of all the rules of this contest will be required of all finalists. The grand prizewinner acknowledges that if they enter this contest under a fraudulent name and/or Social Security number, they will be immediately disqualified from this and all future contests held by Los Angeles Turf Club, Inc., and Oak Tree Racing Association. Positive identification is required of all prizewinners. Positive identification is a valid California Driver’s License with a picture and the same address and birth date used on the entry forms, and/or such other form of identification as deemed adequate by contest officials. Social Security information is also the responsibility of the player. Social Security information must be provided before the players are given their bankroll cards.

14. JUDGING AND DISPUTES:

The management of The Los Angeles Turf Club, Inc. and Oak Tree Racing Association reserves the right to interpret all questions and conditions in regard to this event, without claim for damages or recourse of any kind. The management of The Los Angeles Turf Club, Inc. with those decisions to be final will decide all questions and definitions not covered explicitly in these rules.