The Breeders’ Cup Betting Challenge (BCBC) has become one of the most sought after tournaments in racing. The BCBC is the most lucrative and exclusive live bankroll handicapping contest, with a $10,000 buy-in required to participate. The players also receive first class access to the two best days of racing in the world, the Breeders’ Cup Championships. The BCBC will be held at Santa Anita Park in Arcadia, California on October 31 and November 1, 2014.
In 2013, the Breeders’ Cup Betting Challenge awarded $480,000 in prize money to participants. For 2014, the prize pool is expected to surpass $575,000.Expected 2014 Prize Money is $575,000 (based on 225 entries):
Players are responsible for adherence to various local, state and federal laws regarding any contest winnings or prizes awarded.
The Breeders’ Cup Betting Challenge also offers players the opportunity to qualify for the 2015 Daily Racing Form/NTRA National Handicapping Championship. The top fifteen players will be awarded spots in the NHC, to be held in January, 2015. Each NHC qualifier will also earn $500 towards their hotel/travel expenses to the NHC. The Breeders’ Cup Betting Challenge is also part of the NHC Tour, with contestants earning NHC Tour points for top finishes.
The Official Rules for last year's Breeders’ Cup Betting Challenge are below. If you have further questions on the event, please direct them to email@example.com and your question will be forwarded to the appropriate individual.
OFFICIAL RULES FOR THE 2014 SANTA ANITA
“BREEDERS’ CUP BETTING CHALLENGE”
1. PLAYER’S BANKROLL:
This is a "real money" Handicapping Challenge. Players will be required to deposit $10,000, of which $7,500 will be the players bankroll for wagering. At the conclusion of the tournament, any dollar amount remaining in the bankroll — whether it grows to $50,000 or falls to $100 — remains the property of the player. This is a contest of skill to determine the "Breeders' Cup Betting Challenge Champion."
2. TO ENTER:
Please fill out the following entry form: 2014 BCBC Entry Form (PDF)
Tournament races will include all live races from Santa Anita on Friday, October 31 and Saturday, November 1, 2014, including all Breeders' Cup Championships races. Wager types permitted are Win, Place, Show, Exacta and Trifecta only. A minimum of $600 must be bet per race on at least 5 races on Friday, October 31, totaling a minimum of $3,000 wagered. Should a player fail to bet the required minimum number of races (5) at the minimum wager amount ($600) required on Friday's card, 1,000 Challenge points (at one point per dollar) will be deducted from the player's total Challenge score per missed race. The final Challenge race on Friday will be the Distaff.
A minimum of $900 must be bet per race on at least 5 races on Saturday, November 1, totaling a minimum of $4,500 wagered. The final race of the BCBC is the Breeders' Cup Classic. Should a player fail to bet the required minimum number of races or minimum per race bet total on Saturday's card, the player will be disqualified from any prize pool and any remaining balance will be returned to the player. No simulcast races may be wagered upon within the contest. There are no maximums - players may bet as much as they want, including winnings from their original bankroll, whenever they wish. There are no caps on payouts. The player with the highest BCBC score after the last race on Saturday is the Grand Prize winner.
Of the $10,000 buy-in, the player's betting bankroll will be $7,500. Players retain all funds remaining in their bankroll at the end of the contest. If 225 or more players enter the BCBC, the minimum cash prize pool paid to the top ten finisherswill be $575,000. In addition, NHC berths will be awarded to the top fifteen finishers. Should any of the top fifteen finishers already be double qualified to the 2015 NHC, that berth will trickle down to the 16th place finisher and so forth.
|First Place = $210,000||Sixth Place = $30,000||Eleventh Place = NHC Berth|
|Second Place = $100,000||Seventh Place = $25,000||Twelfth Place = NHC Berth|
|Third Place = $70,000||Eighth Place = $20,000||Thirteenth Place = NHC Berth|
|Fourth Place = $55,000||Ninth Place = $15,000||Fourteenth Place = NHC Berth|
|Fifth Place = $40,000||Tenth Place = $10,000||Fifteenth Place = NHC Berth|
Players also keep all remaining funds in the betting bankroll.
The top fifteen official finishers will each receive entry into the 2015 DRF/NTRA National Handicapping Championship in Las Vegas, courtesy of Breeders' Cup Limited. A $500 travel stipend will be awarded to each person to cover travel expenses and standard hotel stay will also be covered for the DRF/NTRA event. If for any reason one of the top fifteen official finishers cannot attend or has already double qualified for the NHC, the next highest placing contestant will receive the entry and travel stipend. Only 15 NHC spots and 15 travel stipends will be awarded. Depending on a particular situation, Santa Anita and Breeders' Cup may assign an alternate qualifier. This is an official NHC Tour event and players earn Tour points in accordance with Tour rules and policies. Players must be Tour members to earn Tour points. If a BCBC participant is not already a NHC Tour member by the time of the BCBC, the Breeders’ Cup will comp your NHC Tour membership as a result of your participation in the BCBC.
5. PLAYER CARDS:
Each participant will be issued a player card to be used for all tournament wagers. This account-wagering card contains the "real money" bankroll of $7,500. Upon receipt, participants should test the card in self-service machines to become familiar with placing wagers and ensure it is working properly. If a player loses his/her card or the card is not working, the player should immediately report to Tournament officials to resolve the problem. Players must make only tournament wagers on their contest card.
6. PLACING WAGERS:
All BCBC wagers may be placed through any self-service machines throughout Santa Anita. 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 Santa Anita. If a player wagers on a track other than Santa Anita for purposes of the contest, the player may be disqualified.
7. IRS WITHHOLDING:
If winnings less the wager exceed $5,000 and if the winnings are at least 300 times the amount of the wager, 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.
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. In the event a player is not able to change his/her selection due to a late scratch (within 10 minutes to post) which prohibits the player from wagering on the minimum amount of races on Friday or Saturday, the player will have the amount not wagered, up to the required per race, deducted from the player's final Challenge score. However, this amount will not be deducted from the player's personal bankroll. No penalties will be assessed on player wagers involving any horses ruled as non-starters by stewards.
In a result of a tie between any of the top ten finishing positions, the prize money will be divided equally among the players involved. If there is a tie for fifteenth place and final NHC Championship berth, the player with the most money earned in the Breeders’ Cup Classic (final BCBC race) on Saturday will be declared the winner. If there is still a tie, the most money earned in the second to last race on Saturday, etc., until a winner is declared.
10. CONTEST STANDINGS:
Officials will endeavor to post the standings on TV monitors throughout Santa Anita as well email the standings to BCBC participantsafter each race of the tournament on Friday and Saturday. Issues related to IRS withholding, late scratches or other matters could delay the posting of the scores. All standings are unofficial until the final results are audited and posted. Players are encouraged to maintain an accurate record of their wagers and scoring.
11. AGE INELIGIBILITY / DISCLOSURE:
Players must be at least 18 years of age to participate in the Breeders' Cup Betting Challenge. Players must be at least 21 years of age to participate in the 2015 National Handicapping Championship (NHC) in Las Vegas. If a player will not be 21 by the start of the 2015 NHC, the next highest BCBC finisher will take his/her place. The following are ineligible to participate in this contest: Santa Anita employees or any of its subsidiaries; members of the California Horse Racing Board; licensed trainers; employees of Sportech, Breeders' Cup Limited and the National Thoroughbred Racing 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 in advance to tournament officials.
Liability for any and all federal, state, and local taxes is solely the responsibility of prize winners.
Affidavits confirming compliance of all the rules of this contest will be required of all players. All prizewinners 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 Santa Anita. Positive identification is required of all prizewinners. 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. Contestants shall play only one entry. Collusion or consolidation of entries is prohibited, as is any attempt to manipulate the results of the tournament.
14. JUDGING AND DISPUTES:
The management of Santa Anita and Breeders' Cup Limited reserve 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 Santa Anita and Breeders' Cup will decide all questions and definitions covered and not covered explicitly in these rules and their decisions shall be final.