2018 Firecracker Handicapping Tournament Rules
Xpressbet’s Firecracker Handicapping Tournament (the “Tournament”) challenges registered players to post the highest cumulative mutual earnings based on single, online, ‘live’ $10 Win wagers in up to ten (10) competition races ($100 wager total). The Tournament will be held on Saturday, July 7, 2018. Online registration begins Monday, July 2, 2018.
The top three (3) finishers will receive a total of at least $17,000 in prizes or up to a total of at least $45,000 in prizes, depending on total number of entries received for the tournament.
Players must register for the competition online at www.xpressbet.com. There is a $200 entry fee for the Firecracker Handicapping Tournament. Each player can purchase up to 3 entries.
On competition day, competitors make a single, online, ‘live’ $10 Win wager on one (1) horse in each of up to ten (10) competition races—a total of up to $100 in ‘live’ competition wagers. Player accounts will be credited with winnings for all competition wagers and debited for all losing wagers.
Certain jurisdictions may have withholdings that potentially would affect a player’s pari-mutuel payout. For Tournament participants in these jurisdictions, the payouts for their Contest Wager(s) will reflect the actual payout they receive and will not be adjusted to match the payouts received by participants in jurisdictions that do not levy withholdings on winnings.
Tracks and competition race information will be available online at www.xpressbet.com by 12:00 PM Eastern Time on Friday, July 6, 2018.
Only online wagers on the selected tracks and races submitted on the Contest Wager Pad or Mobile Wager Pad are eligible for competition. Wagers placed using the traditional Non-Contest Wager Pad or Wagers placed by telephone, do not qualify.
For Tournament scoring purposes in the Xpressbet Firecracker Handicapping Tournament, mutuel payoffs on winning selections will be capped at 20-1 ($210).
Participants must register for the Tournament by following instructions on www.xpressbet.com. Registration fee for the Tournament is $200 per entry. Participants are permitted up to Three (3) entries per person. Participants must have an account in good standing. One (1) account per person.
Registered entrants must place a single $10 ‘live’ Win wager online, on one (1) horse in up to ten (10) competition races. Entrants are not required to wager on all ten (10) competition races in order to participate. Registered entrants must use their online wagering accounts to place wagers in order for the wagers to be eligible. Wagering must be submitted via the Special Contest Wager Pad or via the Mobile Contest Wager Pad to be eligible. Wagers placed using the traditional Non-Contest Wager Pad or by telephone do not qualify.
Wagers on scratched horses earn zero in the competition. If a player notices that his horse is scratched in a particular race he may submit a $10 Win wager on another horse in that race before wagering closes for that particular race. The player must use the Special Contest Wager Pad to submit all tournament plays including replacement plays for scratched horses. Once a late scratch is processed by tote, the Special Contest Wager Pad will be available for submission of replacement wagers on scratched horses.
Entries must be made in accordance with these Official Rules; any other attempted form of entry will NOT be accepted. Any use of robotic, automatic, macro, programmed or like call-in or registration entry or wager methods will void all such entries by such methods, and result in disqualification of any entrant using such methods.
The winner of the Tournament will be selected from wagers placed by eligible registrations received during the Tournament period. Winner(s) will be determined solely based upon the total winnings of the ten (10) eligible wagers. Winner(s) will be determined by Xpressbet, LLC Management, whose decisions are final and binding in all respects.
Notification of Winners:
Winners will be notified via one of the following: email, US postal mail or telephone.
Prizes/Odds of Winning:
Prizes winners for the tournament, will be announced on the following Monday, and will be posted at participating web sites by 5:00 PM Eastern Time.
Guaranteed Prizes based on 75 entries or less:
1st Prize: 2019 Pegasus World Cup Betting Challenge Entry + $2,500
2nd Prize: $1,500
3rd Prize: $1,000
Guaranteed Prizes based on 125 entries:
1st Prize: 2019 Pegasus World Cup Betting Challenge Entry + $2,500
2nd Prize: 2019 Pegasus World Cup Betting Challenge Entry + $1,500
3rd Prize: $1,000
Guaranteed Prizes based on 225 entries:
1st Prize: 2019 Pegasus World Cup Betting Challenge Entry + $4,500
2nd Prize: 2019 Pegasus World Cup Betting Challenge Entry + $2,700
3rd Prize: 2019 Pegasus World Cup Betting Challenge Entry + $1,800
Pegasus World Championship Betting Challenge entries are for the contest scheduled January 2019. Official dates for the 2019 Pegasus World Championship Betting Challenge will be determined at the sole discretion of the organizers of the contest. Entries into the 2019 Pegasus World Championship Betting Challenge are online entries into the contest, played via Xpressbet.com and do not include travel accommodations to the event if the winner chooses to attend in person. Winners participating in the 2019 Pegasus World Championship Betting Challenge will be subject to any contest rules implemented by the organizers of the contest.
In that event that the 2019 Pegasus World Cup Betting Championship is cancelled or not contested for any other reason, players who won seats as part of this tournament will instead receive a $12,000 cash prize. This only applies to the cancellation of the Pegasus World Cup Betting Championship and is not applicable in the event that the player is unable to participate in the tournament.
Wagering credit prizes will be in the form of wagering credits deposited to the winner’s Xpressbet wagering account. Wagering credits may only be withdrawn from an account in accordance with Xpressbet’s policies, which can be found at Terms & Conditions.
Odds of winning are determined by number of eligible entries received for the Tournament.
Tie Breaking Procedures:
In the event of a tie for tournament seats, the following tie-breaker methods will be used:
First Tie-Breaker – The player with the single highest winning mutuel payoff of all tied players will be ranked above the others.
Second Tie-Breaker – If two (2) or more players remain tied after the first tie-breaker procedure has been exhausted, the final tie-breaker will go to the player who chronologically is first to register for the Xpressbet Firecracker Handicapping Tournament.
In the event of a tie for any wagering credit prize position between players the prize for the next highest position will be combined with that of the tied position and the total will be evenly divided among all tied players.
All decisions are final.
Legal and Eligibility:
Xpressbet Firecracker Handicapping Tournament ("Tournament") is offered only in the United States (where legal) and is open only to legal U.S. residents (of such jurisdictions where Tournament is lawfully offered), 18 years of age (21 in Alabama, Arizona, Indiana, Iowa, Kansas, New Hampshire, North Dakota, and Washington) or older as of July 7, 2018. Employees, officers and directors (and their immediate families [parents, children, spouses and siblings] regardless of where they live and members of their same households [whether related or not]) of Xpressbet, LLC., its parent, subsidiaries, affiliates and agencies; and entities engaged in the development, distribution, implementation or administration of the Tournament are not eligible to enter. VOID WHERE PROHIBITED BY LAW.
YOU MUST HAVE AN OPEN, VALID XPRESSBET OR DRF BETS ACCOUNT IN ORDER TO REGISTER FOR THE TOURNAMENT AND TO RECEIVE WAGERING CREDIT PRIZES. PERSONS WITH ACCOUNTS THAT ARE CLOSED (UPON THEIR OWN REQUEST) OR WITH ACCOUNTS THAT HAVE BEEN LOCKED (BECAUSE ACCOUNT IS NOT IN GOOD STANDING) ARE NOT ELIGIBLE TO REGISTER FOR THE TOURNAMENT OR RECEIVE WAGERING CREDIT PRIZES, UNLESS THEY RE-OPEN ACCOUNT IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF USE.
YOU MUST HAVE SUFFICIENT FUNDS IN YOUR WAGERING ACCOUNT TO MAKE THE WAGERS REQUIRED BY THE TOURNAMENT. FOR INFORMATION ON HOW TO FUND YOUR ACCOUNT, PLEASE FOLLOW INSTRUCTIONS POSTED AT THE ABOVE WEBSITES. OPERATORS ARE NOT RESPONSIBLE FOR ANY DIFFICULTIES THAT MAY ARISE IN FUNDING YOUR ACCOUNT OR HAVING THESE FUNDS AVAILABLE FOR WAGERING DURING THE TOURNAMENT.
These are the official rules. This Tournament is subject to all applicable Federal and State laws and are subject to change without notice in order to comply with them.
To Establish an Xpressbet Account:
Once the application procedure has been completed and your Xpressbet account has been established, you may register for the Tournament by following instructions located on the home page of the Xpressbet web site located at www.xpressbet.com.
Liability for any and all federal, state and local taxes rests solely with the prize winner.
In order to be eligible to receive prizes, the prize winner is obligated, and by entering agrees, to execute an Affidavit of Eligibility, General Release of Liability, Indemnity and Publicity Consent (where legal), which is to be returned to Xpressbet within the indicated time period. Non-compliance with this requirement or return of prize notification as undeliverable will result in disqualification and prize forfeiture, with an alternate winner being selected from all remaining eligible entries received for that drawing.
By accepting a prize, the winner agrees to the use of his or her name, voice, photo, biographical information and/or likeness for promotional/advertising/trade purposes by Xpressbet, LLC. and will be required to participate in such publicity communications as Xpressbet, LLC. requests without further compensation, except where prohibited by law.
By registering for the Tournament, each entrant (i) agrees to abide by and be bound by these Official Rules and all decisions of Xpressbet and the judges, which are final and binding in all respects; and (ii) releases and holds harmless Xpressbet, LLC., its parent company, affiliates and each of their respective directors, officers, employees and agents from any and all liability for any injuries, loss or damage of any kind to persons, including death, or property damage, resulting in whole or in part, directly or indirectly, from acceptance, possession, use or misuse of any prize, or participation in this Tournament.
Limitations of Liability:
Xpressbet, LLC. assumes no liability for typographical or other errors in the offer or administration of the Tournament including, without limitation, errors in the printing of the offer and official rules, selection, notification and announcement of the winners, or distribution of the prizes.
Xpressbet, LLC., its parent company, affiliates and each of their respective directors, officers, employees and agents shall assume no liability of any kind whatsoever in any cases in which their inability to act results from an event or situation beyond their control, including, but not limited to Acts of God, civil or military authority, acts of public enemy, war, riot, civil disturbance, fire, explosion, earthquake, flood, strike, third party non-performance lockout, labor disturbance, or any other cause beyond the control of a party. In such event, Xpressbet, LLC. reserves the right to modify, suspend, or terminate the Tournament and award the prizes, as set forth in Modification/Suspension/Termination below. No responsibility is assumed by Xpressbet, LLC. for late, lost, misdirected, damaged, incomplete, illegible registration submissions/phone calls/wagers, postage due mail, disconnected, inaudible, interrupted phone calls, any computer, telephone, cable, satellite, network, electronic or Internet hardware or software malfunctions, failures, connections, availability or garbled or jumbled transmissions, service provider/Internet/web site/use net accessibility or availability, traffic congestion or unauthorized human intervention. Xpressbet, LLC. reserves the right, in its sole discretion, to disqualify any individual it finds, in its sole discretion, to be tampering with the entry process or the operation of the Tournament or web site; to be in violation of the Terms and Conditions of Use of the web site, or to be acting in violation of these Official Rules. Xpressbet, LLC. is not responsible for any incorrect or inaccurate information, whether caused by web site users or by any of the equipment or programming associated with or utilized in the Tournament and assumes no responsibility for any error, omission, interruption, deletion, defect, delay in operation or transmission, communications line failure, theft or destruction or unauthorized access to the web site.
If, for any reason, the online and/or telephone component of the Tournament is not capable of running as planned by reason of, but not limited to, infection by computer virus, worms, bugs, tampering, unauthorized intervention, fraud, technical failures, or any other causes which Xpressbet, in its sole opinion, deems could corrupt or affect the administration, security, fairness, integrity or proper conduct of the online and/or telephone components of the Tournament, Xpressbet reserves the right at its sole discretion to cancel, modify or suspend the online and/or telephone components of the Tournament and select the winners for all affected drawing(s) from all eligible deposit entries received by means other than via corrupted component(s) of the Tournament, all eligible wagers entries received via corrupted components of the Tournament prior to and/or after (as appropriate) the action taken by Xpressbet and/or call-in entries received for such affected drawing(s) prior to and/or after (as appropriate) the action taken by Xpressbet or by some other means determined by Xpressbet in its sole discretion to be fair, appropriate and consistent with these Official Rules. In such event, notice will be posted at www.xpressbet.com.
For names of winners, send a self-addressed stamped envelope for receipt by September 1, 2018 to: Xpressbet, LLC, 200 Racetrack Road, Building 26, Washington, PA 15301.
SPONSORED BY: Xpressbet, LLC., 200 Racetrack Road, Building 26, Washington, PA 15301.