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The DRF Breeders' Cup Challenge

OFFICIAL RULES

The Contest:

The DRF Breeders' Cup Challenge ("Contest") is a competition in which any competitor whose total mutuel payoffs exceeds all other competitors' total mutuel payoffs on Saturday, September 29, 2012 and Saturday, October 6, 2012 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 January 2013.

Players must register for the competition online at http://www.drf.com/store/breeders-cup-challenge-tournament or through use of the Contest Wager Pad by logging in to their account at www.DRFBets.com.

To compete, Players must use the Contest Wager Pad to make five (5) online, "live" $10 Win wagers on any of the designated Breeders' Cup Challenge races on Saturday, September 29, 2012 and three (3) online, "live" $10 Win wagers on any of the designated Breeders' Cup Challenge races on Saturday, October 6, 2012 for a combined total of eight (8) wagers as listed below:

Player must make five (5) Win wagers on September 29, 2012 on any of the following races:

Belmont Park: Beldame Invitational Stakes, Flower Bowl Invitational Stakes, Joe Hirsch Turf Classic Invitational, Kelso Handicap, TVG Jockey Club Gold Cup Invitational, Vosburgh Invitational Stakes
Santa Anita Park: Awesome Again Stakes, Chandelier Stakes, FrontRunner Stakes, Rodeo Drive Stakes, Zenyatta Stakes

AND

Player must make three (3) Win wagers on October 6, 2012 on any of the following races:

Belmont Park: Foxwoods Champagne Stakes, Frizette Stakes
Keeneland: Dixiana Breeders' Futurity, Shadwell Turf Mile Stakes, Thoroughbred Club of America Stakes
Santa Anita: Santa Anita Sprint Championship

Player accounts will be credited with winnings for all competition wagers and debited for all losing wagers. Players will retain their bankrolls following the conclusion of the Contest.

Only online wagers submitted on Saturday, September 29, 2012 and Saturday, October 6, 2012 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.

Mutuel payoffs on winning selections will not be capped for contest scoring purposes.

This prize is non-transferable and not redeemable for cash. If the first and/or second place finisher has already won a seat to the 2013 DRF/NTRA National Handicapping Championship through another NHC qualifying tournament, the Grand Prize(s) will be awarded to the Player(s) whose total mutual payoffs exceeded the total mutual payoffs for all competitors other than the first and second place finishers.

If a Grand Prize winner becomes unable to fill the seat at the 2013 DRF/NTRA National Handicapping Championship at any time prior to January 20, 2013, all portions of the prize must be rescinded and the seat to the 2013 DRF/NTRA National Handicapping Championship, along with related airfare and hotel, will be awarded to the Player whose total mutual payoffs exceeded the total mutual payoffs for all competitors other than the first and second place finisher.

The 2013 DRF/NTRA National Handicapping Championship is a separate event run by the NTRA and entry into the DRF Breeders' Cup Challenge does not constitute entry into the 2013 DRF/NTRA National Handicapping Championship. DRF Bets is not, and shall not be deemed, responsible for any aspect of the 2013 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 2013 DRF/NTRA 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 Breeders' Cup Challenge, 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 $50 fee to join the NHC Tour.

To win a Grand Prize, a Player must exceed all other competitors' total mutuel payoffs during the contest (cited below) or exceed all other competitors' total mutuel payoffs during the contest other than the first place finisher, 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 eight Players whose total mutual payoffs during the contest that exceed the total mutual payoffs during for all competitors other than the Grand Prize Winners.

To Enter

Participants must register for the DRF Breeders' Cup Challenge by following instructions on http://www.drf.com/store/breeders-cup-challenge-tournament and provide their account number, name, email address (twice) and telephone number. Participants must have a DRF Bets account in good standing. One (1) account per person. One (1) registration per person.

To Play

Registered entrants must place eight (8) $10 "live" Win wagers online, across five (5) different races on Saturday, September 29, 2012 and three (3) different races on Saturday, October 6, 2012 on the selected Breeders' Cup Challenge races noted above. Registered entrants cannot wager on more than one (1) horse in any one race. 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. DO NOT CANCEL CONTEST WAGERS. THIS WILL RESULT IN DISQUALIFICATION FROM 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 $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 contest 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.

Notification of Winners

Winners will be notified via one of the following: email, US postal mail or telephone no later than Friday, October 12th, 2012.

Prizes/Odds of Winning

Two (2) Grand Prizes and Eight (8) Runner Up Prizes will be awarded. Odds of winning based on 500 participants are 1/50.

Grand Prizes

One (1) Grand Prize Package will be awarded to the Player whose total mutual payoffs during the Contest exceeded the total mutual payoffs for all other competitors.

One (1) Grand Prize Package will be awarded to the Player whose total mutual payoffs during the Contest exceeded the total mutual payoffs for all competitors other than the First Place finisher above.

Each Grand Prize Package consists of one (1) seat in the 2013 Daily Racing Form/NTRA National Handicapping Championship to be held in Las Vegas, on a consecutive Friday and Saturday in January 2013 (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 retail value of Grand Prize is approximately $4,900 (USD).

Prizes are not transferable or redeemable for cash.

Odds of winning based on 500 participants are 1/50.

Runner Up Prizes

"Third Prize": The Third Prize consists of an iPad 32GB, MacBook Pro 13" 2.5 GHz, Display TBA, an LG E2242TC HD monitor, and one(1) annual unlimited DRF.com Formulator Past Performance subscription . Total retail value of Third Prize is approximately $4000 (USD). One (1) Third Prize will be awarded to the Player whose total mutual payoffs during exceeded the total mutual payoffs for all competitors other than the two Grand Prize Winners.

"Fourth Prize": The Fourth Prize consists two-thousand dollars ($2,000 USD) to be deposited into the active DRF Bets account of the winner. One (1) Fourth Prize will be awarded to the Player whose total mutual payoffs during the Contest exceeded the total mutual payoffs for all competitors other than the Grand Prize or Third Prize Winners.

"Fifth Prize": The Fifth Prize consists of one-thousand, two hundred and fifty dollars ($1,250 USD) to be deposited into the active DRF Bets account of the winner. One (1) Fifth Prize will be awarded to the Player whose total mutual payoffs during the Contest exceeded the total mutual payoffs for all competitors other than the Grand Prize, Third or Fourth Prize Winners.

"Sixth Prize": The Sixth Prize consists of seven hundred and fifty dollars ($750 USD) to be deposited into the active DRF Bets account of the winner. One (1) Sixth Prize will be awarded to the Player whose total mutual payoffs during the Contest exceeded the total mutual payoffs for all competitors other than the Grand Prize, Third, Fourth or Fifth Prize Winners.

"Seventh Prize": The Seventh Prize consists of five hundred dollars ($500 USD) to be deposited into the active DRF Bets account of the winner. One (1) Seventh Prize will be awarded to the Player whose total mutual payoffs during the Contest exceeded the total mutual payoffs for all competitors other than the Grand Prize, Third, Fourth, Fifth or Sixth Prize Winners.

"Eighth Prize": The Eighth Prize consists of two hundred and fifty dollars ($250 USD) to be deposited into the active DRF Bets account of the winner. One (1) Eighth Prize will be awarded to the Player whose total mutual payoffs during the Contest exceeded the total mutual payoffs for all competitors other than the Grand Prize, Third, Fourth, Fifth, Sixth or Seventh Prize Winners.

"Ninth Prize": The Ninth Prize consists of one hundred and fifty dollars ($150 USD) to be deposited into the active DRF Bets account of the winner. One (1) Ninth Prize will be awarded to the Player whose total mutual payoffs during the Contest exceeded the total mutual payoffs for all competitors other than the Grand Prize, Third, Fourth, Fifth, Sixth, Seventh or Eighth Prize Winners.

"Tenth Prize": The Tenth Prize consists of one hundred dollars ($100 USD) to be deposited into the active DRF Bets account of the winner. One (1) Tenth Prize will be awarded to the Player whose total mutual payoffs during the Contest exceeded the total mutual payoffs for all competitors other than the Grand Prize, Third, Fourth, Fifth, Sixth, Seventh, Eighth or Ninth 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 Contest.

All decisions of DRF Bets are final.

Legal and Eligibility

The DRF Breeders' Cup Challenge ("Contest") is offered only in the United States (where legal) and is open only to legal U.S. residents (of such jurisdictions where the Contest is lawfully offered) 21 years or older as of September 29, 2012 who reside in a state where pari-mutuel advance deposit wagering services currently are offered by DRF Bets (for the list of states where DRF Bets currently offers pari-mutuel advance deposit wagering services, see http://www.drf.com/store/drf-bets-sign-up-offer. 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 Contest are not eligible to enter. VOID WHERE PROHIBITED BY LAW.

YOU MUST HAVE AN OPEN, VALID DRF BETS ACCOUNT IN ORDER TO REGISTER FOR THE CONTEST. 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 CONTEST, 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 CONTEST. 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 CONTEST.

According to 2012 NTRA rules, in order to win a seat in the 2013 DRF/NTRA 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 Contest) 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 Contest by following instructions located on the home page of the DRF Bets website located at www.drf.com/bets.

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 Contest, 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 Contest.

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 Contest 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.

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 Contest 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 Contest 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 Contest 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 Contest 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 Contest, Daily Racing Form reserves the right at its sole discretion to cancel, modify or suspend the online and/or telephone components of the Contest and select the winners for all affected monthly competitions from all eligible entries received by means other than via corrupted component(s) of the Contest, all eligible wagers entries received via corrupted components of the Contest 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 October 31, 2012 to: DRF Breeders' Cup Challenge Winners, 708 Third Avenue, 12th floor, New York, NY 10017.

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