Florida Sire Stakes Betting Challenge Official Rules
CONTEST DATE:
Saturday, September 1, 2018
CONTEST LOCATIONS:
On-Track: Gulfstream Park, 901 S Federal Hwy, Hallandale Beach, FL 33009
Online: www.xpressbet.com
BUY-IN:
$1,500 ($1,000 Bankroll, $500 Prize Pool), per entry.
MAXIMUM ENTRIES:
Maximum two (2) entries, per person.
CONTEST QUALIFIERS:
Available online at https://tournaments.drf.com/home/tournaments/all and https://www.horsetourneys.com/schedule (See Item 3).
1. PLAYER’S BANKROLL:
This is a “real money” handicapping contest with players competing with live money wagers. This contest requires a $1,500 buy-in, per entry. Of each $1,500 buy-in, $1,000 will be used for a player’s bankroll, while the remaining $500 will be considered an entry fee (100% of each entry fee will be allocated to the prize pool). Players may compete on-track at Gulfstream Park, or online at xpressbet.com.
On-Track Participation: Players that choose to compete on-track at Gulfstream Park will receive at the beginning of the contest a wagering card that has a balance of $1,000 for each of their paid entries. This wagering card must be used for all wagers that are placed for contest purposes.
Online Participation: Players that choose to compete online at www.xpressbet.com will have a separate Contest Account for each entry they purchase. Each Contest Account will have a balance of $1,000 for each paid entry. To participate in the contest, follow instructions at www.xpressbet.com/2018-florida-sire-stakes-betting-challenge. Players must have an Xpressbet account in good standing to play online.
At the conclusion of the contest, any dollar amount remaining on the wagering card or within the Xpressbet Contest Account remains the property of the player. Xpressbet will transfer funds from the Contest Account back to the player’s primary Xpressbet account at the conclusion of the contest.
2. TO ENTER:
Participants may choose to compete in this contest by playing online at xpressbet.com, or on-track at Gulfstream Park on Saturday, September 1, 2018. There is a maximum of Two (2) entries per person.
Xpressbet.com Entries:
The deadline to enter online is 12:00 p.m. EDT on Saturday, September 1, 2018.
Online registration begins Monday, August 20, 2018. To participate in the contest, follow instructions at www.xpressbet.com/2018-florida-sire-stakes-betting-challenge. Players must have an Xpressbet account in good standing to play online. The Buy-In amount ($1,500) will be deducted from the player’s Xpressbet account at the time of registration. The player must have sufficient funds in their Xpressbet account to cover the Buy-In in order to complete registration.
On-Track Entries:
The deadline to enter for an on-track entry is 2:30 p.m. EST on Saturday, September 1, 2018.
Individuals that would like to participate on-track at Gulfstream Park may enter by: phone, online, by mail, or at Ten Palms located at Gulfstream Park the day of the event (walk-up entry). Accepted payment methods for entries are check, credit card, and/or cash. Personal checks will not be accepted after Monday, August 27, 2018.
Enter By Phone to Play On-Track:
To enter by phone, please contact Jessica Miller at (954) 457-6214 and inquire about the 2018 Florida Sire Stakes Betting Challenge.
Enter Online:
Players may enter online the following ways:
- To participate in the contest on-track at Gulfstreams Park, visit: www.gulfstreampark.com.
- To participate in the contest online at xpressbet.com, visit: www.xpressbet.com/2018-florida-sire-stakes-betting-challenge .
Enter by Mail to Play On-Track:
To enter the contest by mail, send a check payable to Gulfstream Park for $1,500, per entry. Checks should be sent to:
Gulfstream Park Racing Association
Attn: Jessica Miller
901 South Federal Hwy
Hallandale Beach, Florida 33009
No personal checks will be accepted after Monday, August 27, 2018. Only cash or credit card entries will be accepted during the week of the contest.
On-Track Walk-Up Entries:
Walk-up entries will be accepted at the Ten Palms located on the 2nd floor of Gulfstream Park the day of the contest. Cash and credit card payments will be accepted. Participants must provide a valid government issued ID to a contest official prior to purchasing an entry. Walk-up entries will not be accepted after 2:30 p.m. EST on Saturday, September 1, 2018.
3. PRE-CONTEST QUALIFIERS:
Players may win a full entry ($1,500 value) into the 2018 Florida Sire Stakes Betting Challenge through qualifying contests offered online at tournaments.drf.com and/or www.horsetourneys.com. For qualifying contest dates, rules, and prize information, please visit:
- https://tournaments.drf.com/home/tournaments/all
- https://www.horsetourneys.com/schedule
4. FORMAT:
Contest races will include all live races from Gulfstream Park and select races from Saratoga and Del Mar on Saturday, September 1, 2018. The select contest races from Saratoga and Del Mar will be announced on Wednesday, August 29, 2018.
Permitted wagers will include Win, Place, Show, Exacta, Trifecta, and Daily Double wagers only. No Parlay, Superfecta, Super High 5, Pick 3, Pick 4, Pick 5 or Pick 6 wagers will be permitted in this contest.
Each entry must wager at least $150.00 on a minimum of three (3) contest races and wager at least $1,000.00 in total on Saturday, September 1, 2018. Players may bet as much as they want, with no maximum. Should a player fail to bet these required minimums on Saturday, September 1, 2018, they may be disqualified from the contest, making the player ineligible to win prizes. Any situation involving a late scratch where it is deemed the players were not given sufficient time to adjust their betting will be handled on a case-by-case basis by Gulfstream Park contest officials.
The player with the largest bankroll after the last race on Saturday, September 1, 2018 will be declared the winner. It is the player’s responsibility to meet the wagering requirements listed above. Gulfstream Park contest officials will make the decision on disqualification in the event of a rule violation and all decisions are final. The remaining bankroll on the player’s wagering card or their online Xpressbet Contest Account remains the property of the player. Entry fees will not be refunded in the event of a disqualification.
5. PRIZES:
100% of the entry fees will be paid out as prizes, plus $10,000 added from Xpressbet.
1st Place: One (1) Entry into the 2019 Pegasus World Cup Betting Championship
2nd Place: One (1) Entry into the 2019 Pegasus World Cup Betting Championship
3rd Place: One (1) Entry into the 2019 National Horseplayers Championship
4th Place: One (1) Entry into the 2019 National Horseplayers Championship
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 (See Item 15).
Cash Prize Pool:
The final cash prize pool will be announced after entries close on Saturday, September 1, 2018. Cash prizes will be awarded to the top five (5) finishers. The final cash prize pool will be distributed at the following proportions:
1st Place: 50% of total Cash Prize Pool
2nd Place: 20% of total Cash Prize Pool
3rd Place: 14% of total Cash Prize Pool
4th Place: 10% of total Cash Prize Pool
5th Place: 6% of total Cash Prize Pool
Example: Total Cash Prize Pool at 150 Entries: $50,000
1st Place: $25,000
2nd Place: $10,000
3rd Place: $7,000
4th Place: $5,000
5th Place: $3,000
Example: Total Cash Prize Pool at 100 Entries: $25,000
1st Place: $12,500
2nd Place: $5,000
3rd Place: $3,500
4th Place: $2,500
5th Place: $1,500
In the event that there are fewer than 100 total entries, Gulfstream Park reserves the right to offer a lower total cash prize pool (100% of the entry fees will be paid out as prizes).
Guaranteed Prizes:
No matter the final total number of entries in this contest, the following prizes are guaranteed to be offered on Saturday, September 1, 2018:
- Two (2) entries into the 2019 Pegasus World Cup Betting Championship ($12,600 value, per entry which includes $600 for travel).
- Two (2) entries into the 2019 National Horseplayers Championship (NHC), hotel and airfare to Las Vegas included, courtesy of Gulfstream Park.
NHC ENTRIES:
Each prize entry into the National Horseplayers Championship (NHC) will be valid for 2019.
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 (See Item 15).
Players may be eligible to win a maximum of one (1) NHC spot, per person in this contest. Depending on a particular situation, Gulfstream Park management (in cooperation with the NTRA) may assign an alternate qualifier.
In the event a participant that is already dual qualified for the 2019 NHC (as of, September 1, 2018) finishes in a position that receives a 2019 NHC entry as a prize, that player will receive a $3,500 cash prize in lieu of the 2019 NHC entry and that 2019 NHC entry will be awarded to the next highest eligible finishing position.
NHC TOUR POINTS:
NHC Tour points will be awarded in this contest.
PEGASUS WORLD CUP BETTING CHAMPIONSHIP ENTRIES:
Each prize entry into the Pegasus World Cup Betting Championship (PWCBC) will be valid for 2019.
The 2019 PWCBC will be held Friday, January 25 and Saturday, January 26, 2019. The player that wins an entry into the 2019 PWCBC will have a choice to compete in the 2019 PWCBC at Santa Anita Park in Arcadia, California, Golden Gate Fields in Albany, California, Laurel Park in Laurel, Maryland, Gulfstream Park in Hallandale Beach, Florida, or online at xpressbet.com.
Should a player that wins a PWCBC entry at Gulfstream Park choose to compete in the 2019 PWCBC at Gulfstream Park, Gulfstream Park will provide the player $600 for travel, plus two tickets to the races at Gulfstream Park for Friday, January 25 and Saturday, January 26, 2019.
Final Prize Structure
Total entries: 90
Total Entry Fees: $45,000 (90 * $500)
Hard Costs (Guaranteed entries)
2 Pegasus: $25,200 ($12,600 ea)
2 NHC: $10,000 ($5,000 ea)
Total hard costs:) $35,200
Available Cash Prizes from entry fees:$9,800 ($45,000 - $35,200)
Total cash Prize Pool (fees+XB):$19,800 ($9,800 + $10,000)
Cash prize distribution to top 5:
1st: $9,900
2nd: $3,960
3rd: $2,772
4th: $1,980
5th: $1,188
6. CHECK-IN FOR CONTEST ENTRIES
On-Track Entries:
Participants that choose to compete in this contest on-track at Gulfstream Park on Saturday, September 1, 2018 must check-in at the Ten Palms Restaurant located at Gulfstream Park, second floor center of clubhouse building. For assistance call (954) 457-6201 for directions.
Xpressbet.com Entries:
On the day of the contest, after completing registration, the player must log into their Xpressbet account. During login, the player will be prompted to select their Main Xpressbet Account or their Contest Account. The Contest wagers must be placed through the Contest Account. If a player has purchased multiple entries, they will have the option to choose which Contest Account they would like to use at log in. Players may open multiple browser windows and log into each Contest Account in different windows.
7. PLAYER CARDS FOR ON-TRACK PARTICIPANTS
Each participant that chooses to compete in this contest on-track at Gulfstream Park on Saturday, September 1, 2018 will be issued an official contest card used for all contest wagers. This card contains the “real money” bankroll of $1,000. If a player loses his/her card, or the card is not working, the player should immediately report to the check-in table located at the Ten Palms Restaurant at Gulfstream Park to receive a new card. Gulfstream Park is not responsible for any races missed due to a malfunctioning or lost card.
Xpressbet.com Entries:
Upon completion of registration, the $1,500 Buy-In will be deducted from the player’s Xpressbet account. A Contest Account will be created and $1,000 will be deposited into the player’s Contest Account. All contest wagers must be placed from the Contest Account.
8. PLACING WAGERS ON-TRACK AT GULFSTREAM PARK
All participants that choose to compete on-track at Gulfstream Park must place all contest wagers with their official contest wagering card through self-service machines. Wagers will not be accepted through mutuel tellers. Players must place all wagers personally, unless pre-approved by a contest official. No person shall directly nor indirectly act as an intermediary, transmitter, or agent in placing wagers for the player, unless authorized by contest officials. All official track rulings will apply to wagers placed in the contest except as otherwise stipulated. The contest will be based on official’s placement and mutuels at Gulfstream Park. If a player wagers on a track other than Gulfstream Park or Saratoga Race Course for purposes of the contest, the player may be disqualified and any winnings will not count for contest standings.
Xpressbet.com Entries:
On the day of the contest, after completing registration, the player must log in to their Xpressbet account. During log in, the player will be prompted to select their Main Xpressbet Account or their Contest Account. The Contest wagers must be placed through the Contest Account.
9. ADVANCE WAGERING
Advance wagering will not be permitted unless prior approval has been obtained by a contest official. Wagers for each race must be placed after the race prior has been declared official. This rule is designed to maintain an accurate leaderboard. If a player needs to advance wager for any reason, please contact a contest official by phone at (954) 457-6201. The contest 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 contest officials.
10. CASHING OUT THE BALANCE OF THE ON-TRACK PLAYER WAGERING CARD
Players competing on-track will not be permitted to cash out their wagering card until 10 minutes after the results of the final live Gulfstream Park race on Saturday, September 1, 2018 become official. Should a player cash out his/her card before the last live Gulfstream Park race is official, that player’s entry can be disqualified from any prizes.
Xpressbet.com Entries:
Players competing online will not be able to cash out their account balances until after the results of the final live Gulfstream Park race on Saturday, September 1, 2018 become official. After the contest is official, the funds from the Contest Account will be transferred back to the player’s primary Xpressbet account.
11. IRS WITHHOLDING
Per the tax rules by the U.S. Treasury Department and the Internal Revenue Service.
12. 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 start of the race subject to all other contest and pari-mutuel wagering rules.
13. CONTEST STANDINGS
Contest standings will be based off of each player’s bankroll on their official contest entry. Standings will rank all bankrolls based off of dollar value from largest to smallest, with first place being the largest bankroll and last place being the smallest bankroll.
Current standings will be posted after every race, or as soon as the information is available. Standings will be posted at xpressbet.com, and on a designated television channel at Gulfstream Park. For on-track contestants, please inquire at the registration desk within Ten Palms at Gulfstream Park for the television channel number.
14. TIES
In a result of a tie between any of the top five (5) finishing positions, the player with the largest dollar amount in total wagers will be declared the winner of the tie and awarded the higher placing in the final official standings. For example, if two players tie for third place and Player #1 has wagered a total of $1,000 ending with a bankroll of $2,000 and Player #2 has wagered a total of $1,500 finishing with a bankroll of $2,000 (based on wagering his/her winnings as well as original bankroll), Player #2 will receive the higher placing. If both players wagered the same amount and finished with the same final bankroll, the player with the highest single race profit will be awarded the higher placing in the final official standings. In the event both players wagered the same amount, finished with the same bankroll, and tied with the largest single race profit, the higher placing will be decided by whoever registered for the contest first.
15. NHC TOUR MEMBERSHIP REQUIRED TO PARTICIPATE IN THE NHC
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. Contest participants may register for the NHC Tour at https://www.ntra.com/membership/. NHC Tour members must be at least 21 years of age to participate in the NHC in Las Vegas.
It is solely the responsibility of each contest participant to confirm if they are a current member of the NHC Tour prior to the start of the contest on Saturday, September 1, 2018. Gulfstream Park, Xpressbet, and The Stronach Group are not responsible for confirming a contest participant’s membership status with the NHC Tour and will not be held accountable in the event a contest participant is not awarded an NHC entry prize as a result of their NHC Tour membership status, or the lack thereof.
16. INELIGIBILITY / DISCLOSURE
The following are ineligible to participate in this contest: Contest officials, employees of the NHC, and all employees of AmTote.
If anyone has any ownership interest in any horses running in any of the applicable contest races then all involvements must be fully disclosed to Gulfstream Park contest officials prior to the start of the contest.
17. TAXES
Liability for any and all federal, state, and local taxes is solely the responsibility of prize winners.
18. AFFIDAVITS
Affidavits confirming compliance with all of the rules of this contest will be required of all participants playing on-track. For online participants (those competing on xpressbet.com), registration confirms compliance to the rules, but Affidavits will be required for any winners that participated online before prizes will be distributed. 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 Gulfstream Park. Positive identification is required of all prize winners. Positive identification is a valid government issued ID 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.
19. 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. The management of Gulfstream Park with those decisions to be final will decide all questions and definitions not covered explicitly in these rules.
If for any reason there is a cancellation in racing at any of the contest tracks on Saturday, September 1, 2018, Gulfstream Park contest officials will decide if the contest may still be conducted with the remaining contest tracks/races.
Anyone found to have engaged in or attempted to engage in any act that contest officials believe in their sole and absolute discretion compromises or could compromise the competitive integrity of this contest, including collusion, will be subject to sanctions imposed by Gulfstream Park management. The nature and extent of the sanctions imposed shall be in the sole and absolute discretion of Gulfstream Park management and may include, but shall not be limited to, the following:
- Forfeiture of prize money
- Disqualification from the contest
- Loss of privilege to participate in future Gulfstream Park and/or Xpressbet handicapping contests
