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DRF Bets Tournament League

OFFICIAL RULES

The Tournament:
DRF Bets Tournament League is a competition in which any competitor whose total mutuel payoffs exceeds all other competitors’ total mutuel payoffs in the monthly qualifying competitions to be held December 2011 (as further identified below), will earn a trip to Las Vegas and a seat in the Daily Racing Form/NTRA National Handicapping Championship to be held on Friday, January 27 and Saturday, January 28, 2012.

Players must register for the competition online at www.drf.com/bets, or through use of the Contest Wager Pad by logging in to their account at www.xpressbet.com. There are no entry or registration fees to compete in the DRF Bets Tournament League. Players need to register only once, and will then be eligible to compete in all subsequent months’ competitions.

To compete during a monthly competition, Players must use the Contest Wager Pad to make a single, online, “live” $2 Win wager on one (1) horse in any competition race during that month. Players may also, but are not required to, make online, “live” $2 Win wagers on the remaining competition races during that month. Competition races are defined as DRF’s “Race of the Day” every Wednesday, Thursday, Friday, Saturday and Sunday during each of the contest months. Player accounts will be credited with winnings for all competition wagers and debited for all losing wagers.

Identification of the Race of the Day, and information about the race will be available online at www.drf.com/bets for the entire month of the current contest, not later than the day prior to the first competition.

Only online wagers on the Race of the Day submitted on the Contest Wager Pad are eligible for competition. Wagers placed using the traditional Non-Contest Wager Pad or Wagers placed by telephone do not qualify.

Players may compete each month in the DRF Bets Tournament League but may win only one seat to the DRF/NTRA National Handicapping Championship and only one trip to Las Vegas. This prize is non-transferable and not redeemable for cash.   If the first place finisher has already won a seat to the 2012 DRF/NTRA National Handicapping Championship, either through the DRF Bets Tournament League or another NHC qualifying tournament, the Grand Prize will be awarded to the Player whose total mutual payoffs during that monthly competition exceeded the total mutual payoffs during that month for all competitors other than the first place finisher.

If a monthly Grand Prize Winner becomes unable to fill the seat at the 2012 DRF/NTRA National Handicapping Championship at any time prior to January 25, 2012, all portions of the prize must be rescinded and the entire Grand Prize package will be awarded to the Player whose total mutual payoffs during that monthly competition exceeded the total mutual payoffs during that month for all competitors other than the first place finisher.

The 2012 DRF/National Handicapping Championship is a separate event run by the NTRA and entry into the DRF Bets Tournament League does not constitute entry into the 2012 DRF/National Handicapping Championship. DRF Bets is not, and shall not be deemed, responsible for any aspect of the 2012 DRF/NTRA National Handicapping Championship, including any offering of or obligation to award or pay prizes in connection therewith. Under NHC rules applicable to the 2012 DRF/National Handicapping Championship, a player must be a member of the NHC Tour to compete in that competition. Thus, if you plan to compete in the National Handicapping Championship, you must become an NHC Tour member prior to registering for the DRF Bets Tournament League, and you must enter your Tour number at registration. Players can sign-up for the NHC Tour at NTRA.com. There is a one-time annual $45 fee to join the NHC Tour.

To win the Grand Prize in a monthly competition, a Player must exceed all other competitors’ total mutuel payoffs during that monthly competition (cited below) in order to earn a seat in the Daily Racing Form/NTRA National Handicapping Championship and other cash/prizes as described below.

In addition, Runner Up Prizes, as described more fully below, will be awarded to the nine Players whose total mutual payoffs during that monthly competition exceeds the total mutual payoffs during that month for all competitors other than the Grand Prize Winner.

Limit: One (1) Prize per player.

For Tournament scoring purposes, mutuel payoffs on winning selections will be capped at 20-1.

To Enter:
Participants must register for the Tournament League by following instructions on www.drf.com/bets and provide their account number, name, email address (twice) and telephone number. Participants must have a DRF Bets or XpressBet account in good standing. One (1) account per person. One (1) registration per person.

To Play:
Registered entrants must place a single $2 “live” Win wager online, on one (1) horse in any of the Race of the Day races identified on the DRF website in each month they compete. Players may also, but are not required to, make online, “live” $2 Win wagers on the remaining competition races during that month. Competition races are defined as DRF’s “Race of the Day” every Wednesday, Thursday, Friday, Saturday and Sunday during each competition month. Registered entrants must use the Special Contest Wager Pad via their online wagering accounts to place contest wagers in order for the wagers to be eligible. Wagers submitted via the usual, Non-Contest wager pad will not count in the competition.

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 $2 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.

Qualifying Round Dates:
Starts on the first eligible day of December and includes each Wednesday, Thursday, Friday, Saturday and Sunday, with the exception of Christmas Day - Sunday, December 25th.

December 1-31 – 22 days (12/1, 12/2, 12/3, 12/4, 12/7, 12/8, 12/9, 12/10, 12/11, 12/14, 12/15, 12/16, 12/17, 12/18, 12/21, 12/22, 12/23, 12/24, 12/28, 12/29, 12/30, 12/31)
Current scoring will be posted daily and monthly winners notified by 5 PM Eastern Time each Monday following the month’s final race. Prizes will be awarded after winner qualification is verified.

Prizes may not be substituted, transferred or assigned by participants. Persons winning the Grand Prize for any monthly competition are not eligible to win any other prizes in subsequent monthly competitions. Persons winning any Runner Up Prize for any monthly competition are not eligible to win any other Runner Up Prizes in subsequent monthly competitions, but may remain eligible to compete for the Grand Prize in subsequent monthly competitions.

Notification of Winners:
Winners will be notified via one of the following: email, US postal mail or telephone.

Prizes/Odds of Winning:
One (1) Grand Prize and Nine (9) Runner Up Prizes will be awarded for each monthly competition. Odds of winning are determined by number of eligible entries received for the Tournament.

Grand Prize Package:
Each Grand Prize consists of: One (1) seat in the 2012 Daily Racing Form/NTRA National Handicapping Championship to be held in Las Vegas, on a consecutive Friday and Saturday in January 2012 (the specific dates of which will be selected by NTRA in its sole discretion), and a trip for one (1) person to Las Vegas, Nevada consisting of the following:
(i) an allowance of up to the total amount of five hundred dollars ($500) to be used for or towards coach-class airfare to and from Las Vegas, McCarran International Airport;
(ii) an allowance of up to the total amount of one hundred dollars ($100) to be used for or towards any ground transportation in connection with the trip; and
(iii) Three (3) nights/ four (4) days standard room hotel accommodations for one (1) person at the host hotel for the NTRA National Handicapping Championship (which hotel shall be selected by NTRA in its sole discretion).

NHC Tour members may earn tour points and must enter their Tour ID numbers at registration.

Total value of Grand Prize is $5,000.

Prizes are not transferable or redeemable for cash.

Odds of winning are determined by number of qualified participants.

Runner Up Prizes:
“Second Prize”: The Second Prize consists of a free subscription to the Daily Racing Form Deluxe Annual Past Performance Plan, the retail value of which is $1,250. One (1) Second Prize will be awarded for each monthly competition to the Player whose total mutual payoffs during that monthly competition exceeded the total mutual payoffs during that month for all competitors other than the Grand Prize Winner.

“Third Prize”: The Third Prize consists of a free subscription to the Daily Racing Form Unlimited Deluxe Quarterly Past Performance Plan, the retail value of which is $350. One (1) Third Prize will be awarded for each monthly competition to the Player whose total mutual payoffs during that monthly competition exceeded the total mutual payoffs during that month for all competitors other than the Grand Prize or Second Prize Winners.

“Fourth Prize”: The Fourth Prize consists of a free subscription to the Daily Racing Form Deluxe Past Performance 20 Card Pack, the retail value of which is $82.20. Three (3) Fourth Prizes will be awarded for each monthly competition, one to each of the three Players whose total mutual payoffs during that monthly competition exceeded the total mutual payoffs during that month for all competitors other than the Grand Prize, Second Prize, or Third Prize Winners.

“Fifth Prize”: The Fifth Prize consists of a free subscription to the Daily Racing Form Deluxe Past Performance 10 Card Pack, the retail value of which is $42.95. Four (4) Fifth Prizes will be awarded for each monthly competition, one to each of the four Players whose total mutual payoffs during that monthly competition exceeded the total mutual payoffs during that month for all competitors other than the Grand Prize, Second Prize, Third Prize, or Fourth Prize Winners.

Tie-Breaking Procedure:
First Tie-breaker: The player with the highest single winning mutuel payoff of all tied players will be ranked above the others. Ties for this position and for all subsequent positions will be broken in the same manner.

Final Tie-Breaker: If two (2) or more players remain tied after the tie-breaker procedure has been implemented, the final tie-breaker will go to the player who chronologically signed up first for the monthly tournament in question.

All decisions of DRF Bets are final.

Legal and Eligibility:
DRF Bets Tournament League ("Tournament") is offered only in the United States (where legal) and is open only to legal U.S. residents (of such jurisdictions where the Tournament is lawfully offered) 21 years or older as of December 1, 2011 who reside in a state where pari-mutuel advance deposit wagering services currently are offered by DRF Bets and XpressBet (for the list of states where DRF Bets currently offers pari-mutuel advance deposit wagering services, see http://www.drf.com/drf-bets-faq#faq5; and for the list of states where XpressBet currently offers pari-mutuel advance deposit wagering services, see http://www.xpressbet.com/Restrictions). 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 Daily Racing Form LLC, XpressBet, LLC., or their 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 DRF BETS, DELMARBETS, OAKTREEBETS OR XPRESSBET ACCOUNT IN ORDER TO REGISTER FOR THE TOURNAMENT. 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, 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.

According to new 2011 NTRA rules, in order to win a seat in the 2012 DRF/National Handicapping Championship a player must be a member of the NHC Tour http://www.ntra.com/content/nhctour/view/MTc1. If you plan to compete for an NHC Championship seat in a DRF Bets tournament, you must first become an NHC Tour member and enter your tour number at registration.

These are the official rules. This Tournament is subject to all applicable Federal and State laws and is subject to change without notice in order to comply with them.

To Establish a DRF Bets Account:
DRF Bets applications are accepted online at www.drf.com/bets; by calling toll-free 1-877-408-1999. When signing up at www.drf.com, you are required to first complete an application for drf.com before completing an application for DRF Bets. Follow all instructions, first providing your name, complete residential address (including zip code), telephone number, date of birth, social security number, drivers license number and state, email address and mailing address (if different from residential address). You will also be asked if you wish to receive email updates about Daily Racing Form and DRF Bets; you may complete and submit the application (and register for the Tournament) without consenting to receive such email updates. If submitting application online, indicate your preference by either retaining or removing the checkmark from the designated box. Then, select a username and password, security question and answer, and PIN and account password for your DRF Bets account. Upon completion of these steps, and valid identity check, you will be assigned a unique DRF Bets account number. As part of the application procedure, you may then also activate your DRF Bets account for wagering by depositing funds into the account. The Privacy Policy and Terms and Conditions of Use may be found at www.drf.com/bets by clicking on the appropriate links on the home page and certain other pages of the website.

Once the application procedure has been completed and your DRF Bets account has been established, you may register for the Tournament by following instructions located on the home page of the DRF Bets website located at www.drf.com/bets.

To sign up for an XpressBet account please visit www.xpressbet.com or call 866.88Xpress (866.889.7737).

Taxes:
Liability for any and all federal, state and local taxes rests solely with the prize winners.

General Conditions:
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 Daily Racing Form 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 monthly competition.

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 Daily Racing Form, LLC. and will be required to participate in such publicity communications as Daily Racing Form, LLC. requests without further compensation, except where prohibited by law.

The winner shall be solely responsible for all taxes and fees or costs associated with the prize, including but not limited to any federal or state or other income tax, ground transportation (except as expressly stated above), airfare (except as expressly stated above), meals (except as expressly stated above), tax, gratuities, personal expenses and any other expenses not expressly specified herein. The winner shall solely be responsible for arranging transportation and obtaining any passports or other travel documents that may be required.

No substitutions of prizes will be allowed, except DRF Bets reserves the right to substitute prize(s) of comparable or greater value in the event a prize or any portion thereof becomes unavailable for any reason.

Indemnification:
By registering for the Tournament, each entrant (i) agrees to abide by and be bound by these Official Rules and all decisions of DRF Bets and the judges, which are final and binding in all respects; and (ii) releases and holds harmless DRF Bets, Daily Racing Form, LLC, XpressBet, LLC., and their parent companies, 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:
Daily Racing Form, LLC and XpressBet, LLC. assume 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. If for any reason Tournament prize seats are not available Daily Racing Form reserves the right to substitute a cash prize of $5,000 for each DRF/NTRA National Handicapping Championship Seat. In such cases there will be no cash awards for airfare or ground transportation, and hotel accommodations will not be provided.

DRF Bets, Daily Racing Form, LLC, XpressBet, LLC., and their parent companies, 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, Daily Racing Form, 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 DRF Bets, Daily Racing Form, LLC or 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/website/use net accessibility or availability, traffic congestion or unauthorized human intervention. Daily Racing Form, 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 website; to be in violation of the Terms and Conditions of Use of the website, or to be acting in violation of these Official Rules. DRF Bets, Daily Racing Form LLC and XpressBet, LLC. are not responsible for any incorrect or inaccurate information, whether caused by website 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 website.

Modification/Suspension/Termination:
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 Daily Racing Form, 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, Daily Racing Form 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 monthly competitions from all eligible 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 Daily Racing Form and/or call-in entries received for such affected drawing(s) prior to and/or after (as appropriate) the action taken by Daily Racing Form or by some other means determined by Daily Racing Form in its sole discretion to be fair, appropriate and consistent with these Official Rules. In such event, notice will be posted at www.drf.com/bets.

Winners List:
For names of winners, send a self-addressed stamped envelope for receipt by December 31, 2012 to: DRF Bets Tournament League August Winners List, 708 Third Avenue, 12th floor, New York, NY 10017.

SPONSORED BY: Daily Racing Form LLC, 708 Third Avenue, 12th floor, New York, NY 10017.