Conquer the Crown Handicapping Challenge Official Rules
CONTEST DATE:
Saturday, December 1, 2018
CONTEST LOCATIONS:
On-Track: Gulfstream Park, 901 S Federal Hwy, Hallandale Beach, FL 33009
Online: www.xpressbet.com
BUY-IN:
$3,000 ($2,000 Bankroll, $1,000 Prize Pool), per entry.
MAXIMUM ENTRIES:
Maximum two (2) entries, per person.
1. PLAYER’S BANKROLL:
This is a ‘real money’ handicapping tournament. The total cost to enter is $3,000 ($1,000 entry fee and a $2,000 live money bankroll – wagering card). At the conclusion of the contest, any dollar amount remaining on the wagering card remains the property of the player.
2. TO ENTER:
To enter the contest, fill out the entry form and indicate method of payment ($3,000 per entry). Gulfstream Park will accept credit cards or personal checks – however, all personal checks must be received by November 16, 2018. The contest is limited to 200 entries. Players may purchase or qualify a maximum of two entries per person. Players may reserve an entry into the contest with a $500 payment. All balances and the final entry deadline is Thursday, November 29, 2018. If there are spots available, entries will be accepted up until the end of the first race at Gulfstream Park on Saturday, December 1.
3. FORMAT:
Tournament races will include all live races from Gulfstream Park on Saturday, December 1, 2018. Permitted wagers will include Win, Place, Show, Exacta, Trifecta and Daily Double wagers (NO Superfecta, Super Hi 5, or multi-race wagers other than Daily Double are permitted in the contest.)
- Players must wager a MINIMUM of 4 races at Gulfstream Park.
- Players must wager a minimum of $400 in each of these 4 races.
- Players must wager a minimum of their entire $2,000 bankroll during the contest.
- There are no maximums – players may wager as much as they want, including winnings from their bankroll, whenever they wish.
The players with the top bankrolls after the last race at Gulfstream Park will be declared the winners. It is the players’ responsibility to meet the wagering requirements listed above. If a player fails to reach the wagering minimums or places a wager on their card other than Win, Place, Show, Exacta, Trifecta or Daily Double on an eligible contest race, that entry can be disqualified from the contest. Tournament officials will make all decisions on disqualification from the contest in the event of a rule violation and all decisions are final. The remaining bankroll on the player’s wagering card remains the property of the player; however, their entry fee will not be refunded.
Eligible races will be all live races from Gulfstream Park. In the event of a cancellation of a race card, Tournament Officials reserve the right to substitute races from another racetrack.
4. PRIZES:
100% of the entry fees will be paid out as prizes. The final prize distribution will be available on Saturday, December 1. The final prize pool distribution and number of qualifying spots for the NHC and PWCBC will be based upon the final number of entries in the contest.
Below are two examples of prize distributions depending on the number of entries:
At 150 entries, prizes will be:
- FOUR (4) entries to the DRF/NTRA National Horseplayers Championship, a four night stay at Treasure Island and a $500 travel allowance.
- THREE (3) full $12,000 entries for the Pegasus World Cup Betting Championship (PWCBC) and a $500 travel allowance.
- Beginning with the winner, the top finisher will receive their choice of NHC or PWCBC entry.
- $93,700 in prize money to the top six finishers.
At 200 entries, prizes will be:
- SEVEN (7) entries to the DRF/NTRA National Horseplayers Championship, a four night stay at Treasure Island and a $500 travel allowance.
- FOUR (4) full $12,000 entries for the Pegasus World Cup Betting Championship (PWCBC) and a $500 travel allowance.
- Beginning with the winner, the top finisher will receive their choice of NHC or PWCBC entry.
- $117100 in prize money to the top six finishers.
Please note, as required by the NTRA rules, all contest participants must be members of the NHC Tour prior to the start the contest in order to participate in the NHC in Las Vegas.
# of ENTRIES |
200 |
150 |
100 |
1st Place (33%) |
$38,643 |
$30,921 |
$21,648 |
2nd Place (20%) |
$23,420 |
$18,740 |
$13,120 |
3rd Place (15%) |
$17,565 |
$14,055 |
$9,840 |
4th Place (12%) |
$14,052 |
$11,244 |
$7,872 |
5th Place (11%) |
$12,881 |
$10,307 |
$7,216 |
6th Place (9%) |
$10,539 |
$8,433 |
$5,904 |
CASH PRIZE $ |
$117,100 |
$93,700 |
$65,600 |
NHC SPOTS |
7 ($32,900) |
4 ($18,800) |
2 ($9,400) |
FULL PWCBC |
4 ($50,000) |
3 ($37,500) |
2 ($25,000) |
TOTAL $ |
$200,000 |
$150,000 |
$100,000 |
5. PLAYER CARDS:
Each participant will be issued a player card to be used for all contest wagers. This card contains the ‘real money’ bankroll of $2,000. If a player loses his/her card or the card is not working, the player should immediately contact a contest official to receive a new card. Gulfstream Park is not responsible for any races missed due to a malfunctioning or lost card.
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 Tournament officials. All official track rulings will apply to wagers placed in the Tournament except as otherwise stipulated. The tournament will be based on the official placement and mutuel prices at Gulfstream Park.
7. ADVANCE WAGERING
Advance wagering will not be permitted unless prior approval has been obtained by a Tournament Official. Wagers for each race must be placed after the prior race has been declared official. This rule is designed to maintain an accurate leaderboard.
If a player needs to advance wager for any reason, a player must contact a Tournament Official. The Tournament Official will decide if an advance wager will affect the integrity of the leaderboard. All decisions are final and penalties for violating this rule will be at the sole discretion of Tournament Officials.
8. CASHING OUT THE CARD BALANCE
Players will not be able to cash out their wagering card until after the final live contest race on Saturday, December 1, becomes official. Should the player cash out his/her card before the last live contest race is official, that player’s entry can be disqualified from any prizes.
9. IRS WITHHOLDING
On winning wagers that result in a payoff at odds of 300 to 1 or greater AND pay over $5,000, IRS withholding will automatically be deducted from the player’s card. For non U.S. based players, an equivalent amount will be deducted. 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 contest wagering; only the net amount (the amount received after the IRS withholding) will be available to the player.
10. 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 in order to meet contest parameters. If a late scratch occurs or a horse is declared a ‘non-starter’ and post time prevents the selection of an alternate horse or bet cancellation, the contestant will not be disqualified for failure to bet the minimum amount and any live tickets bet will be in play.
11. TIES
In a result of a tie between any of the top finishing positions, the player with the highest dollar amount of total wagers will be declared the winner for NHC and BCBC positions. If both players finished with the same final bankroll and wagered the same amounts, the player with the largest single race profit will be awarded the qualifying spot. In the event both players finished with the same bankroll, wagered the same amount, and tied with the largest single race profit, the qualifying spots will be decided by whoever registered for the contest first. Cash prizes will be split evenly for players finishing in a tie with the same bankroll amounts.
12. CONTEST PARAMETERS
Current standings will be posted after every race or as soon as the information is available. Standings will be posted on a dedicated in-house TV monitor.
13. NHC TOUR MEMBERSHIP
NHC Tour membership is required for all participants prior to the start of the contest in order to win an NHC spot. Tournament participants may register for the NHC Tour at www.ntra.com/content/nhctour. The Tour fee is $50. Non-Tour members are ineligible for NHC Tour spots. NHC Tour members must be at least 21 years of age to participate in the NHC Finals in Las Vegas.
14. ELIGIBILITY / DISCLOSURE
The following are ineligible to participate in this contest: Employees of Gulfstream Park, The Stronach Group, TSG Developments Investments, Inc., or any of their subsidiaries, and employees of AmTote. Employees of Daily Racing Form and the NTRA are ineligible to win any NHC prizes.
If a player has an ownership or other interest in any horses running in any of the contest races or holds a pari-mutuel license in any jurisdiction, then all involvements and licenses must be fully disclosed to Gulfstream Park Tournament officials prior to the start of the Tournament. Failure to disclose any ownership interest or license can result in disqualification. Trainers with a horse running in any contest race are not eligible for the contest. A player with an ownership or other interest (jock agent, groom, etc.) in any horse running must use that horse in the win and only the win position for all contest bets.
15. TAXES
Liability for any and all federal, state, and local taxes is solely the responsibility of prize winners.
16. AFFIDAVITS
Affidavits confirming compliance of all the rules of this contest will be required of all participants. All prize winners acknowledge 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 The Stronach Group. Positive identification is required of contestants and prize winners. Positive identification is a Driver’s License with a picture and same address and birth date used on the entry forms, and/or other forms of identification as deemed adequate by contest officials. Social Security information is also the responsibility of the player and must be provided before the players are given their bankroll cards. Contestants also consent to the use of their names, pictures and video images to be used by The Stronach Group and Daily Racing Form.
17. JUDGING AND DISPUTES
The management of Gulfstream Park reserves the right to interpret all questions and conditions in regard to this event, without claim for damages or recourse of any kind. All decisions made by Tournament officials will be final and all questions and definitions not covered explicitly in these rules shall be interpreted by Tournament Officials. Gulfstream Park reserves the right to amend these rules at any time.
