Lessons from the First Big Online Tournament of the Year

By Rich Nilsen

The first big online handicapping tournament of the year was held over the weekend of Jan. 9-10 at horsetourneys.com, and I was fortunate enough to win into this $1,500 buy-in event via an initial $28 feeder.  It was also the same weekend at the local Tampa Bay Downs handicapping contest, so plenty of work was required to prepare for both events.

The Flo-Cal Faceoff, the Players Championship (April 2-3) and the Spa & Surf Showdown (August 14-15) comprise the new 2021 Tourney Triple series at HorseTourneys which features additional bonuses and prizes if you do well over the three contests.  The Flo-Cal closed on the morning of January 9th with a staggering purse of $570,373 based on 429 entries and a top prize set at $205,019.  The contest was comprised of full-card mandatory races at Gulfstream Park and Santa Anita on both Saturday and Sunday, so this was going to be a long weekend.

On day one I got off to a very good start in the Flo-Cal Faceoff by hitting five winners from the first nine races at Gulfstream Park.  The problem was that I missed the big longshot that came in early in the day ($37.00 to win, $17 to place) and that missed $54 in bankroll was going to be difficult to overcome.

Unfortunately, I did not fare nearly as well at Santa Anita, so most of my Saturday bankroll came from South Florida.  I ended the day with over $97, an admirable score that was within ‘shouting’ distance, but that only put me in the top 25% of the field.  The lucrative prize structure was paying down to the top 28 players at the conclusion of the weekend.

Day Two of Flo-Cal

I decided I was going to swing for the fences on Sunday.  ‘Grinding it out’ seemed like a difficult strategy to make up the $60-90 deficit.  Hindsight is 20/20 and that proved to be a mistake on a day where shorter price horses were consistently winning throughout the afternoon.  The first longshot of the day wouldn’t come in until nearly 4pm when Weisser scored in Gulfstream Park’s 8th race, paying $27.80, $11.80.  I did not have him, and the situation was looking bleak.

However, I am not one to give up, knowing that in the span of just one-two races, a tournament player can make up huge strides on the leaderboard.  In the very next race at Gulfstream Park (race 9), I eyed a runner that was trying the turf for the first time.  The Munnings filly had won two of her three starts when sprinting and she had good tactical, early speed.  She looked like the type of filly that could win going 5 furlongs on the grass.  She was a juicy 17-1 and I knew if I could get this horse home, I was back in the top 50 of the standings.  I would then have a chance for some nice prize money if I could finish the day strong.

Choose Joy, my bomber, tracked closely in third and was loaded turning for home.  She surged in the final strides at the leader, but the front runner who had been off since June fought back and held on by a diminishing nose.  I got a $15.00 place payoff but missed out on an additional $36 for the win.  Numerous players had the 14-1 winner, and, instead of sitting on the first page of the leaderboard,  I was now sitting in around 170th  and the light at the end of the tunnel was very dim.

It wasn’t too long before the final race of the long weekend was upon us.  Sitting in about 140th and being only $20 out of the top 100, I had to decide if I was going to shoot for the top 100 to earn some points in this Triple Tourney event, or if hitting a bomb could move me into the top 28 of the cash prize winners.

In the field of 11 there were only three cappers and a 17-1 shot on the board.   The math told me I was blocked.  There was simply no way that I was going to pass over 100 players no matter what horse won.  It made more sense to find a horse I really liked at good odds.  [In the end my calculations were correct and even if I had hit the final contest race winner, I would have only ended up about 40th… but I digress.]

Not that I was considering the favorites, but the shorter priced horses in the field did not strike fear into anyone.  #11 Miss Dracarys had only raced one time.  She was let off at odds of 23-1 in her debut, indicating that she wasn’t exactly ‘well meant’ by her connections.  Despite that, she won, but now she was being asked to transfer that form on the other side of the country – not an easy task for a young horse.

So, I was on the lookout for a runner that had a strong chance of winning and represented some value.  I needed at least 6-1 odds to secure a top 100 finish, but of course, the higher the odds the better.

Santa Anita race favorites

#10 Empire House was starting for the dangerous Jonathan Wong outfit, but this runner had never attempted the turf.  She was getting first time Lasix and had a pedigree to handle the surface switch.  She made sense at odds of 9-1, but #4 Magical Thought was even more appealing.  Starting for trainer Peter Miller, arguably the best turf sprint trainer in California, this horse was dropping out of a graded stakes race and was cutting back from one mile to a preferred sprint distance.  She was also 9-1 and just the odds I needed to pass a lot of players on the leaderboard.

The Pivotal Question

When I first handicapped the race, it didn’t take my long to pass right over the #1 horse.  Having seen Mountaineers shippers lose at an extraordinarily high rate over the years, I didn’t care for the cheap maiden graduate to move to Santa Anita and win.  Although she had won by a large margin (over a bad field) she had “lugged out” in the lane, another negative note.  Two races back this horse had lost at Belterra Park.  Win at Santa Anita…are you kidding me?  Next.

Now, my Dad, who taught me how to handicap, would not have been so rash.  He would have looked at this odd shipper and asked himself the question, “What is this horse doing in this race?”  And that is the question that would have led to the correct answer.  He was here to win.

Santa Anita race 9 winner

The Mountaineer shipper had moved into one of the top barns in Southern California, that of John Sadler.  He had given the filly a long string of workouts, fairly consistent and dating back to at least early October.  She showed two bullet works in early October and a sharp 47.3 drill, sixth best of 52 at the distance on October 17.

Sadler was putting up one of the top jockeys in Southern California, Umberto Rispoli.  Rispoli is one of the best on the grass and also one of the best out of the gate.  This horse had flashed very quick early speed in her two races, and that is one of the main assets you typically want in a 6 furlong turf horse.

Why in the world would a top California barn obtain a lowly maiden winner from West Virginia?  By the stallion Cinco Charlie and out of a modest winner, the filly didn’t have much of a pedigree.  However, they clearly saw something in this runner and felt that she could fit a certain profile out West.  The connections were right, and they were handsomely rewarded.

The Final Race Result

With dusk falling over the stunning San Gabriel Mountains, Five Pics Please cruised to the front right out of the gate and ran the field off their feet.  At odds of 29-1 she easily held on for the shocking score in the $63,000 race.  She stopped the timer in a swift 1:08.91.

By not closely analyzing Five Pics Please and failing to ask the obvious question that my father would have asked, I missed out on a big longshot winner.  The Flo-Cal Faceoff champ turned out to be Alan Levitt, a 12-time qualifier to the National Horseplayers Championship.  Back in 2012 he compiled a $195.20 bankroll en route to a 7th place overall finish in Las Vegas.  With one race to go Levitt was sitting in 19th place in the Flo-Cal Faceoff, and he wisely pulled the trigger on the Mountaineer bomber.  He catapulted past the 18 players in front of him and took down the lucrative six-figure cash prize.

The Final Race Result winner Santa Anita

copyright 2021 Equibase.com

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Gramm Wins BCBC over Kinchen. Donnelly Third.

Economics Professor and Race Horse Owner from Memphis, TN, Marshall Gramm, crushed the exacta in the Breeders’ Cup Classic to capture racing’s most lucrative live-money tournament this past weekend.  TV personality Jonathan Kinchen was second, while arguably the best contest handicapper in 2020, Dylan Donnelly was third.  This trio each turned their $7,500 bankrolls into over $100,000 by the conclusion of the weekend.

LEXINGTON, Ky. (Nov. 12, 2020) – Making the biggest wagering score of his life, Marshall Gramm, an economics professor at Rhodes College and a racehorse owner from Memphis, Tenn., nailed a cold exacta with Authentic and Improbable for $170,250 in the Longines Breeders’ Cup Classic (G1) to propel him to victory last Saturday in the 2020 Breeders’ Cup Betting Challenge.

The 12th annual Breeders’ Cup Betting Challenge, Thoroughbred racing’s biggest live-money tournament, held Nov. 6-7, featured 430 top horseplayers wagering on the two-day card of the 37th Breeders’ Cup World Championships at Keeneland Race Course in Lexington.

Marshall Gramm BCBC winner

Photo courtesy of Carlos Guerrero

Gramm, 47, finished with a total score of 170,250 points. Combined with his first-place prize of $322,500, Gramm had total winnings of $492,750. That put him ahead of second-place finisher Jonathon Kinchen, NYRA/Fox Sports television handicapper and analyst. Kinchen compiled 161,025.20 points, and combined with his second-place prize of $215,000, he had total winnings of $376,025.20. Dylan Donnelly, from Rancho Cucamonga, Calif., finished third with 136,200 points and $118,250 in prize money, for total winnings of $254,450.

In this year’s BCBC, each player was required to fund a $2,500 buy-in and a $7,500 betting bankroll ($10,000 total). All buy-in monies were applied to the prize pool, making the total prize pool $1,075,000. Players made real wagers (win, place, show, exacta, trifecta and daily double) with their $7,500 bankroll on 22 races over the two days and kept all monies earned from their wagering.

A big sports fan who grew up in Washington, D.C, Gramm loved “numbers and statistics,” and learned the handicapping game by reading books from noted racing journalist and author Andrew Beyer.

Gramm has played in the BCBC five of the last six years, registering his best finish in 2018, taking fifth place. He has been teaching economics at Rhodes College since 2000 and currently chairs the department. Gramm has taught a course at Rhodes called Economics of Racetrack Wagering Markets, which he describes as a class on “decision making, price discovery and probability.” Along with Clay Sanders, he is also co-managing partner of Ten Strike Racing, a stable that has won 338 races, including stakes winners Dot Matrix, Long on Value and Warrior’s Charge.

The biggest moment in recent Memphis horse racing history happened at this year’s Breeders’ Cup – local coverage of Gramm’s victory and the TN connection

Gramm experienced a range of emotions when he learned that he had won the tournament. “When I hit (the exacta), I was thrilled, my biggest score ever. You know you’ve had a great day, but it was nerve-racking, and a relief, and I will always be able to say that I am a BCBC Champion.”

In this year’s BCBC, Gramm was in contention throughout. On Friday, he cashed a $600 daily-double wager on Vequist in the Breeders’ Cup Juvenile Fillies (G1), followed by Aunt Pearl (IRE) capturing the Breeders’ Cup Juvenile Fillies Turf (G1). Those bets earned him $17,350 and he closed out the first day of competition in seventh place.

On Saturday, Gramm went “all in” on Monomoy Girl winning the Longines Breeders’ Cup Distaff (G1), wagering his $18,165 bankroll and more than doubling his money. After hitting on a minimum show bet in the Longines Breeders’ Cup Turf (G1), Gramm went into the Longines Breeders’ Cup Classic in 11th place with $36,930. In the climactic race of the World Championships, he made six individual exacta wagers using Authentic, Improbable and Tom’s d’Etat. Gramm wagered $7,500 on the Authentic-Improbable combination and won the tournament.

“Marshall is a dear friend and I am very happy for him. The BCBC is the Masters of handicapping contests. It’s not all about the money, it’s about the title. I wanted to win, but there are about three people in the world I am ok running second to, and Marshall is one of them.” ~ Runner-up Kinchen stated.

Due to COVID-19 restrictions at Keeneland, most of the BCBC tournament play was conducted online at TVG.com, the official Breeders’ Cup wagering partner, Xpressbet.com and NYRA Bets. The BCBC was also conducted at designated satellite locations at Monmouth Park in Oceanport, N.J., Gulfstream Park in Hallandale Beach, Fla., Del Mar racetrack in Del Mar, Calif., and at Santa Anita Park in Arcadia, Calif.

Online qualifying for the 2021 Breeders’ Cup Betting Challenge begins this Sunday, Nov. 15 on Horseplayers.com. A guaranteed 2021 BCBC berth will be awarded to the winner of the contest, which has a $500 entry fee and a low 1 per 23 ratio. Players can up for Sunday’s contest here.

What are the dates for the 2021 National Horseplayers Championship in Las Vegas?

ABOUT BREEDERS’ CUP

The Breeders’ Cup administers the Breeders’ Cup World Championships, Thoroughbred horse racing’s year-end Championships, as well as the Breeders’ Cup Challenge qualifying series, which provides automatic starting positions into the Championships races. The Breeders’ Cup is also a founding member of the Thoroughbred Safety Coalition, an organization composed of industry leaders committed to advancing safety measures in Thoroughbred racing and improving the well-being of equine and human athletes.

The 2020 Breeders’ Cup World Championships, consisting of 14 Championship races, was held on Nov. 6-7 at Keeneland Race Course in Lexington, Kentucky, and featured a total of $31 million in purses and awards. The event was televised live by the NBC Sports Group.

Source: Breeders’ Cup (edited press release)

NHC Live Money Contest at Los Alamitos – Sept 14

NTRA NHC logoThe Los Alamitos Racing Association will offer cash prizes and as many as three seats to the 2020 National Handicapping Championship in Las Vegas with a live money contest Saturday, Sept. 14 during the upcoming Los Angeles County Fair meet.

Cost to enter the tournament is $500. Of that amount, $100 will be placed in the contest prize pool with the remaining $400 going towards a live-money wagering card.

Contestants must enter prior to 1 p.m. – post time for the first race – Sept. 14.

Tournament races will include the entire Los Alamitos card with win, place, show, exacta, trifecta and daily double wagering permitted.

Each entry must wager at least $400 during the contest to be eligible for prizes and each entry must bet at least $50 on four races.

The player with the highest bankroll at the end of the day will be declared the winner and the player with the second highest bankroll the runner-up, The winner will receive 50% of the prize pool. The remaining payoffs: 20% (Second) 15% (Third), 7.5% (Fourth) and 7.5% (Most Money Wagered).

A total of three spots will be available to next year’s NHC provided there are at least 75 entrants. If fewer than 75, two berths will be on the line. The prize includes a $200 travel voucher and hotel accommodations.

The contest is the first of two during the LACF meet. The second is scheduled for Saturday, Sept. 21.

For questions, please contact larace@losalamitos.com or call 714-820-2690.

The Los Angeles County Fair meet will begin Friday, Sept. 6 and continue through Sunday, Sept. 22.

Over $2.8M on the Line for Horseplayers at the NHC

nhc final table vegasLAS VEGAS, Nevada (February 6, 2019) – An estimated field of 670 entries will compete for nearly $2.9 million in cash and awards – and horse racing’s official title of “Horseplayer of the Year” – at this weekend’s 20th NTRA National Horseplayers Championship (NHC) Presented by Racetrack Television Network, STATS Race Lens™ and Treasure Island Las Vegas. Both the field size and the purse are the second-largest in NHC history. The three-day tournament, Friday to Sunday at Treasure Island, will offer a first-place prize of $800,000.

The NHC field will be reduced to the top 10 percent of players after the first two days. The highest 10 cumulative scores after the Semifinal round will fill out the Final Table. Bankrolls amassed during Day 1, Day 2 and the Semifinal round will roll over to the Final Table, with the 10 finalists settling the NHC score in seven “mandatory” assigned races.

Players who do not make the Semifinal cut will still compete on Day 3, in a separate Consolation tournament.

A full scoreboard will be updated regularly at https://www.ntra.com/nhc, where fans and players can also find each day’s contest race menu and news updates.

“We are delighted to play host to many of the nation’s top horseplayers at the historic 20th NHC,” said NTRA Chief Operating Officer and NHC Tournament Director, Keith Chamblin. “The NHC is a true celebration of the horseplayer—the individuals who fuel every aspect of the sport and business of Thoroughbred racing. We also thank the many organizations who hosted NHC qualifiers throughout 2018 s well as our sponsoring partners—Racetrack Television Network, STATS Race Lens™ and Treasure Island Las Vegas—for their ongoing support.”

At the Races with Steve Byk will broadcast live on SiriusXM satellite radio (Sirius 219; XM 201) from Treasure Island and online at www.stevebyk.com daily, Thursday to Monday, with NHC coverage slated for 2-7:30p ET (11 a.m.-4:30 p.m. PT). Additional news and exclusive content will be shared on Twitter via the official NTRA account, @NTRA.

Defending NHC champion Chris Littlemore – who last month was honored with an Eclipse Award as “Horseplayer of the Year”– heads this year’s field, which is comprised of 669 entries (pending the outcome of Thursday’s Last Chance Contest at the Treasure Island). There are 118 rookies, representing 23 percent of the field. There are 138 dual qualifiers going into Thursday’s Last Chance Contest at the Treasure Island.

As the 2018 NHC winner, Littlemore of Whitby, Ontario, Canada, near Toronto, received an automatic berth into this year’s tournament to defend the title he won last February when he bested other entries. Littlemore amassed a winning score of $348.30 over the three-day tournament from 53 mythical $2 Win and Place bets – 18 each on Friday and Saturday, 10 in Sunday morning’s Semifinal round and seven in the dramatic Final Table contest exclusive to the overall top 10. He will seek to become the first-ever two-time winner of the NHC, as will six other past winners that have qualified. The other qualifying champions are: Ray Arsenault (2017), Paul Matties, Jr. (2016), Jim Benes (2013),Michael Beychok (2012), Richard Goodall (2008), and Stanley Bavlish (2007).

Several players will compete for major bonuses tied to earlier accomplishments:

As the winner of the 2018 NHC Tour, David Gutfreund won $100,000 and an NHC berth. He also is eligible for a record $6 million in bonuses if he goes on to win at the 2019 NHC finals.

Chuck Grubbs, the winner of the Breeders’ Cup Betting Challenge (BCBC), is eligible for a $3 million BCBC/NHC Bonus. First prize at the NHC is $800,000, meaning that successful completion of the BCBC-NHC double would be worth $3.8 million.

In its 20th year, the NTRA National Horseplayers Championship is the most important tournament of the year for horseplayers and is the culmination of a year-long series of NTRA-sanctioned local tournaments.

NHC players qualified via contests hosted by 34 racetracks, casino race books, handicapping contest websites, Advance Deposit Wagering (ADW) outlets, simulcast distribution networks, horse owner associations and other Thoroughbred racing organizations. The NHC 19 qualifier hosts were:

Aqueduct, Arlington Park, BataviaBets.com, Belmont Park, Breeders’ Cup, Canterbury Park, Capital OTB, Century Bets, Del Mar Thoroughbred Club, Fair Grounds, Florida HBPA, Gulfstream Park, Hawthorne Race Course, Hollywood Casino at Penn National, Horseplayers.comHorseTourneys.com, Indiana Grand, Keeneland, Laurel Park, Lone Star Park, Los Alamitos Race Course, Meadowlands, Mohegan Sun, Monmouth Park, National Thoroughbred Racing Association, New Zealand Metropolitan Trotting Club, Santa Anita Park, Saratoga Race Course, Tampa Bay Downs, The BIG One, Treasure Island, TVG, Woodbine Entertainment Group and Xpressbet.com.

The tournament format for the NHC is meant to be the best possible test of overall handicapping ability. Players attempt to earn the highest possible bankroll based on mythical $2 Win-and-Place wagers. Assigned “mandatory” races – eight per day on Day 1 and Day 2 and seven at the Final Table – will be announced at least 36 hours prior to each contest day (Wednesday evening for Friday, Thursday evening for Saturday, Friday evening for Sunday) on Twitter (@NTRA) and NTRA.com.

The remaining 10 races on Day 1 and Day 2 and all 10 plays in the Semifinal round will be optional wagers on races at one of eight designated NHC tournament tracks: Aqueduct, Fair Grounds, Golden Gate Fields, Gulfstream Park, Laurel Park, Oaklawn Park, Santa Anita Park and Tampa Bay Downs.

Treasure Island will play host to the NHC for the eighth straight year.

On Saturday, the NTRA also will host an invitation-only online tournament, the 5th Annual Tito’s $5,000 NHC Charity Challenge. A field of approximately 40 media and racing personalities will compete to have $5,000 donated in their name to the Permanently Disabled Jockeys Fund.

About the NHC

In its 20th year, the NHC is the most important tournament of the year for horseplayers and is the culmination of a year-long series of NTRA-sanctioned local tournaments conducted by racetracks, casino race books, off-track betting facilities and horse racing and handicapping websites, each of which sends its top qualifiers to the national finals. There are no bye-ins to the NHC. Each year, the NHC winner joins other human and equine champions as an honoree at the Eclipse Awards. For more information on the NHC, visitNTRA.com/nhc.

About the NTRA

The NTRA, based in Lexington, Ky., is a broad-based coalition of more than 100 horse racing interests and thousands of individual stakeholders consisting of horseplayers, racetrack operators, owners, breeders, trainers and affiliated horse racing associations, charged with increasing the popularity, welfare and integrity of Thoroughbred racing through consensus-based leadership, legislative advocacy, safety and integrity initiatives, fan engagement and corporate partner development. The NTRA owns and manages the NTRA Safety and Integrity Alliance; NTRA.com; the Eclipse Awards; the National Horseplayers Championship; NTRA Advantage, a corporate partner sales and sponsorship program; and Horse PAC®, a federal political action committee. NTRA press releases appear on NTRA.com, Twitter (@ntra) and Facebook (facebook.com/1NTRA).

Scandal in $2.5M Sports Betting contest?

Ugly Ending to DraftKings Sports Betting National Championship

A national sports betting handicapping contest with a $2.5 million prize pool ended in controversy Sunday in New Jersey, after the Day 3 leader was prevented from making his final wager before the NFC divisional-round game between the Philadelphia Eagles and New Orleans Saints kicked off.

A contestant with the username rleejr86 ended up winning the first DraftKings Sports Betting National Championship instead, grabbing the $1 million first prize with a final bet of $47,500 on the Eagles +8.5.

The Saints won 20-14, but the Eagles covered the spread, boosting rleerjr86’s bankroll to a contest-winning $101,474.

More than 200 bettors from different parts of the country entered the $10,000 buy-in contest and combined to wager more than $5 million during the three-day event that was headquartered in Jersey City.

However, it was the bets that couldn’t be placed by the leader before the final game in the contest kicked off that were the source of dispute.

Professional sports bettor Rufus Peabody, competing under the username Opti5624, was leading the contest heading into the Eagles-Saints game, with a nearly $82,000 bankroll that he compiled after winning an all-in wager on the New England Patriots -3.5 against the Los Angeles Chargers in Sunday’s AFC divisional-round game. The Patriots won …

NHC Super Qualifiers by the Big Three in Horse Racing

nhc final table vegasThe New York Racing Association, Churchill Downs Inc., and The Stronach Group are set to host three brand-new “NHC Super Qualifiers” in coming months, offering dozens of berths to February’s $3 million (estimated) NTRA National Horseplayers Championship in Las Vegas. The live-money contests, in which players compete to turn $1,000 of their own cash into the largest nut, are set for Sept. 29 at Belmont Park, Dec. 22 at Fair Grounds Race Course & Slots, and Jan. 5 at Santa Anita Park (or online at Xpressbet.com).

Each on-track Super Qualifier will award one NHC berth per every 15 entries, meaning roughly the top 7 percent of entrants will move on to Treasure Island Las Vegas for the world’s richest and most prestigious handicapping contest, Feb. 8-10, 2019.

Registration for each contest costs $1,500, with $1,000 going to the starting bankroll and $200 to a cash prize pool for the Super Qualifier (the remaining $300 goes to the NHC purse and travel). The format will consist of 10 mandatory $50 Win-Place wagers. Players will keep 100 percent of their winnings and the leaders will share in the cash prize pool, with the number of winners and amounts determined (on a sliding scale) by the number of entries. Players are limited to two entries for each on-track Super Qualifier.

“These new Super Qualifiers allow us to offer a much more favorable ratio of berths to entries for players,” said NHC Tournament Director Keith Chamblin. “We’re also excited to offer live-money formats that allow players to keep their winnings and put money through the windows of the host tracks, while maintaining the traditional Win-Place format that rewards consistent excellence.”

Each winning prize package includes NHC entry, four nights at Treasure Island, and airfare reimbursement up to $400.

As added incentive, a $500,000 bonus will be up for grabs in Las Vegas for any of the three on-track Super Qualifier winners who go on to win #NHC19.

For more information on entering any of the four Super Qualifiers, contact Michele Ravencraft of the NTRA at mravencraft@ntra.com. Online and/or phone registration will be available via the host racetracks in coming weeks.

Low-cost “feeder” contests will be available for each Super Qualifier on HorsePlayers.com.

NHC Tour points, which determine year-end Tour prizes, as well as NHC entry for the top 10 percent of finishers, will be awarded in NHC Super Qualifiers. For the Santa Anita/Xpressbet.com contest only, players already double-qualified for #NHC19 can earn a first berth to #NHC20 in February 2020.

For more information on the NHC and NHC Tour, visit www.ntra.com/nhc.

 

All-in Approach Wins 2018 Del Mar Cash Tournament

Dennis Montoro, 32, from New York, went all-in in the last race with a $7,000 win bet on #2, 5-1 Raven Creek, to finish with $42,000. Montoro qualified to the Del Mar Challenge from a $400 feeder contest on HorseTourneys.com essentially turning a $400 investment into more than $135,000 in prizes.

Gary West from Rancho Santa Fe, CA and Florin Sima from Burbank, CA both cashed in the last race to finish second and third to round out the top three.

Montoro, an analytics player with years of experience in online contests was playing his very first “live money” contest. Prizes won include $75,000 cash, $10,000 entry in the 2018 Breeders’ Cup Betting Challenge (BCBC) and entry in the $2.5 million National Horseplayers Championship (NHC). Montoro is also eligible for a $1 million bonus if he wins the 2018 Breeders’ Cup Betting Challenge at Churchill Downs.

Players started with a $6,000 bankroll in the two day Challenge. The top eight finishers receive BCBC entries and the top ten receive entries in the $2.5 million National Horseplayers Championship or the Del Mar $4,500 Fall Challenge November 10 & 11.

PLACE NAME FINAL BANKROLL
1 Dennis Montoro $42,000
2 Gary West $29,070
3 Florin Sima $28,290
4 Kyle Fitzgerald $26,563
5 Jonathon Kinchen $25,689
6 Frank Mustari $23,332
7 Jim Videtic $20,800
8 Jim Meeks $20,240
9 Blake Jessee $19,240
10 Gary Broad $19,182

Veteran Contest Player DQ’d in 2017 Breeders’ Cup Betting Challenge

Breeders CupBreeders’ Cup Limited (BCL) has completed its analysis of the results of the 2017 Breeders’ Cup Betting Challenge (BCBC). In early November, BCL retained Robert Watt of Stoll Keenon Ogden, PLLC, (SKO) to perform an independent investigation of the BCBC following the receipt of a written complaint alleging several improprieties including collusion among specific BCBC participants. The BCBC Official Rules explicitly provide that “[c]ollusion of entries between horse players is prohibited, as is any attempt to manipulate the results of the tournament.”

Over the course of several weeks, SKO undertook an extensive investigation of the BCBC. This investigation included reaching out to 2017 BCBC participants and inviting them to share any pertinent information relating to any tournament improprieties, reviewing wagering patterns of all BCBC prize-winning participants and any alleged partners, consulting with three independent handicapping tournament directors, a review of wagering detail by the Thoroughbred Racing Protective Bureau, reviewing podcasts and other interviews of participants commenting on the BCBC, and interviews with participants that either made allegations, had information or were accused of violating contest rules.

Following the conclusion of SKO’s investigation, BCL has determined that Eric Moomey and Roger Ball colluded to increase the number of entries available to them and otherwise attempted to manipulate the tournament’s results in violation of the BCBC Official Rules. Consequently, Mr. Moomey’s entry which resulted in a 9th place finish (and within the prize pool) is disqualified and the participants that finished 10th through 19th will each move up one place in the BCBC final standings and prize money will be reallocated accordingly.

BCBC participants are limited to two entries. Mr. Moomey and Mr. Ball each had two entries and the review of wagers revealed that those four entries covered all horses in the Juvenile Fillies Turf (6th race) on Friday with zero overlapping wagers between the four separate entries. Mr. Moomey’s and Mr. Ball’s collective four entries covered all of the European horses other than the horse in the 14 post in the Juvenile Turf (8th race) on Friday with zero overlapping wagers between the four separate entries. Combining four separate entries to create a larger bankroll to permit wagering on more horses in a single race is an unfair advantage over other participants playing one or two entries. Mr. Moomey and Mr. Ball made all of their wagers in these two races within close proximity to each other and used the same four wagering machines for all of these wagers. Many of these wagers were made at nearly the same time.

Other allegations of collusion amongst additional BCBC participants were extensively investigated but the investigation led to the conclusion that there is insufficient evidence to support a finding that a violation of the rules occurred. Specifically, BCL received a complaint about Nisan Gabbay and Kevin McFarland. Both individuals only had one entry per person (as opposed to the permitted two entries per person). Mr. McFarland wagered throughout both days of the BCBC. Mr. Gabbay did not wager until the sixth race on Saturday and incurred 5,000 penalty points on Friday and 6,000 penalty points on Saturday for failing to place minimum wagers in accordance with the BCBC Official Rules. Mr. Gabbay and Mr. McFarland stated unequivocally that they do not collaborate on wagering strategy even though they share tournament winnings. The BCBC Official Rules do not prohibit the sharing of winnings and the investigation concluded that such sharing does not violate the rules in effect. Moreover, Mr. Gabbay and Mr. McFarland played only one entry apiece and the wagering patterns employed could have been employed by one participant with two entries within the rules.

BCL received additional complaints regarding a revision to the BCBC Official Rules on minimum wagers. Prior to the 2016 BCBC, participants were given a 5,000-point penalty per race for failing to bet the minimum wagers on Friday and a disqualification for failing to bet the minimum wagers on Saturday. BCL felt that the penalty was too harsh and the BCBC Official Rules were revised in 2016 for the 2016 BCBC to state that participants would receive a 1,000-point penalty per race on Friday and a 2,000-point penalty per race on Saturday for failing to bet the minimum wagers without providing for disqualification. The investigation concluded that the imposition of penalties in 2017 was consistent with the current version of the rules and that the application of those rules does not warrant the disqualification of Mr. Gabbay in addition to the specified point penalties.

While other major handicapping tournaments also have minimum wager penalties similar to the current BCBC penalties, BCL is nevertheless reviewing its Official Rules for future years to encourage wagering throughout the two days of racing while mitigating penalties for those players that unintentionally failed to meet the minimum wagering requirements.

As part of its investigation, BCL has received significant feedback from participants regarding improvements to the BCBC. As a result, BCL has recently formed a Wagering Committee made up of BCL Members and chaired by Craig Bernick and Mike Rogers. Other Members from BCL include Fred Hertrich, Bret Jones, Mike Levy, and David Richardson. Horseplayers and tournament players will be represented on the Wagering Committee by Paul Matties, Joe Appelbaum, Jonathan Kinchen and Tom Quigley. As stated by Breeders’ Cup President and CEO Craig Fravel, “while we hope that the work of the Wagering Committee will lead to improvements for the Breeders’ Cup and Thoroughbred racing generally, the first priority will be to review the operation of the Breeders’ Cup Betting Challenge as well as the rules governing play. We expect to address concerns related to collusion, the audit/referee function, minimum play requirements, bet types and any others brought to our attention by the committee or the tournament community. While this has been an unfortunate occurrence, we expect to make changes that will set an example for the industry and establish a foundation for growth. We welcome input from horseplayers as part of those efforts.”

BCL would like to thank all BCBC participants for their patience and cooperation in the delay of the official results as well as for their part in making the Breeders’ Cup World Championships a success.

Gulfstream Park NHC/Pegasus Contest has Latin American Flaire

Pegasus statue at Gulfstream ParkPress Release

Gulfstream Park announced the first Clasico del Caribe Betting Challenge Saturday, Dec. 9 which could offer up to four Pegasus World Cup Betting Championship seats and two National Horseplayers Championship (NHC) seats.

To be held in Gulfstream’s Sport of Kings, the live-money Clasico del Caribe Betting Challenge will have a buy-in of $2,000 ($1,500 bankroll, $500 prize pool). Players must wager a minimum of $250 on at least six races at Gulfstream Park and Laurel Park. Two of the six must include the Clasico del Caribe plus an additional stakes race at Gulfstream Park of the player’s choosing. There will be no maximum. There will be win, place, show, exacta or trifecta wagers only. Players must bet their entire $1,500 bankroll over the course of the contest.

Prizes, based on 100 entries, will be four Pegasus World Cup Betting Championship seats and two NHC seats.

Players can qualify at HorseTourneys.com. For more information, contact Nancy Berry at nancy.berry@gulfstreampark.com.

Upcoming NHC Tournament in California

Press Release

The Los Alamitos Racing Association will offer a cash prize and three seats to the 2018 National Handicapping Championship in Las Vegas with a live money contest Saturday, Dec. 9.

Cost to enter the Los Alamitos Winter Qualifier is $400. Of that amount, $100 will be placed in the contest prize pool with the remaining funds going towards a live-money wagering card.

NTRA NHC logoContestants must enter prior to 12:30 p.m. – post time for the first race – Dec. 9. Players can begin entering the contest at 10 a.m. that morning.

Tournament races will include the entire card at Los Alamitos with permitted wagers including win, place, show, exactas and daily doubles beginning on races 1, 2, 3, 4 & 5. Each entry must bet at least $50 on six races, but there is no wagering limit. For purposes of the contest, a Daily Double wager counts as one race.

The player with the highest bankroll at the end of the day will be declared the winner and the player with the second highest bankroll will be the runner-up.

The winner will receive 50% of the prize pool, which will be capped at $10,000. The remaining payoffs: 20% (2nd place), 15% (3rd place), 10% (4th place) and 5% (5th place).

There will also be three berths available to the 2018 Last Chance contest in Las Vegas.

Another handicapping contest is scheduled for Saturday, Dec. 16. Further details will soon be available.

For complete contest rules or any other questions, contact larace@losalamitos.com or by telephone at 714-820-2690.

The Winter meet at Los Alamitos will begin Thursday, Nov. 30 and continue through Sunday, Dec. 17.