Gulfstream Park has released the rules for its Pegasus World Cup Betting Challenge, a $12,000 buy-in event to be held Jan. 26-27 in conjunction with the Pegasus World Cup. There is no entry fee for players competing in person at Gulfstream Park (an entry fee does apply for those competing online). Players at Gulfstream will also be eligible for a 5 percent rebate on non-contest wagers Wednesday through Sunday. Players on Friday must bet a minimum of $800 on at least five races. On Saturday, players must bet $1,000 on five races other than the Pegasus World Cup and at least $3,000 on the Pegasus World Cup itself. The rules also include a special “collusion” stipulation. This is believed to be the first time a contest has spelled out its definition of collusion in the rules. They read: “Collusion among players could be grounds for disqualification, specifically, combining of entries. An example would be: “Player A and B have two entries each, all have $12,000. They play a race together with the intent to get one entry to an extremely high number. At race conclusion, one entry stands at $40,000, and the other three are at zero. Actions similar to this among any amount of players two or more will result in disqualification of all players involved.” Interestingly, the rules also state that it is okay for one player to combine his two entries: “Players with two entries are allowed to play those entries in any fashion they choose within the rules, and collusion rules do not apply to one person.” Qualifying for the Pegasus World Cup Betting Challenge continues on DRF Tournaments this weekend. On Saturday, there’s a first-round event where players put up $220 and one in five advance to the Grade 1 qualifier on Jan. 1., which costs $960 to buy into directly. From the Grade 1, one in 15 will win their $12,000 buy-ins. Players also have the option to feed into the first-round contests for $50, with one in five entries going forward. The featured event Saturday is a Grade 1 qualifier for the World Championship of Handicapping, Daily Racing Form’s $1 million, no-takeout online contest Feb. 3-4 on tournaments.drf.com. For the Grade 1, players put up $580, and one in 10 win their $5,000 entry fee for the WCH. Every operating day, DRFT holds Round 1 contests that feed into those Grade 1 events. Players put up $95, and one in seven will win their $580 buy-ins. You can feed into the Round 1 events as well if you’re looking to get involved at an even lower price point. Saturday will also offer a qualifier for the Horse Player World Series. It costs $94, and one in 19 players will move into the mythical-money tournament at the Orleans in Las Vegas on March 8-10. Players can win $94 qualifier entries for just $11 via feeders. For a list of the games happening this weekend at DRF Tournaments, go to tournaments.drf.com.