NEW YORK (October 1, 2012) – The Breeders’ Cup and Xpressbet, the official account wagering provider of the Breeders’ Cup World Championships, today announced that Xpressbet will conduct the Beat the Host Championship Round, an online handicapping tournament on Breeders’ Cup Saturday, November 3. The contest will have a minimum guaranteed $25,000 prize pool.
The Xpressbet Beat the Host Championship Round will be preceded by four weekly online qualifying tournaments – October 6, 13, 20 and 27. The weekly contests follow the popular Xpressbet ‘Beat the Host’ format, where players try to out-handicap expert hosts in order to qualify for the Championship Round. Only one entry per person is permitted in all rounds.
Total tournament cash prizes will be at least $35,000, a total of $2,500 weekly to the top three players in each of four Qualifying Rounds and a $25,000 minimum guaranteed pool in the Championship Round, including $10,000 to the first-place finisher.
The Championship Saturday contest will be open to all players. Non-qualified players may ‘buy-in’ to the Championship Round for $100 per registration—one registration per account holder. All buy-in monies will be applied to the prize pool and 100% of the entry fees will be paid back to players in prize money. For example, if 500 players buy-in at $100 each, the Championship Round total prize pool would escalate to $50,000.
Registration is open now for the weekly Beat the Host Breeders’ Cup online qualifying tournament at Xpressbet.com. The contest is open to Xpressbet and DRF Bets account holders.
In Beat the Host Qualifying Rounds each Saturday in October, players attempt to exceed the Host’s cumulative mutuel payoff total based on single, online, live $5 win wagers on one horse in each of eight (8) mandatory contest races ($40 total bankroll required). Mandatory races and host picks will be posted each Friday by 5 pm ET. All players whose total winnings exceed those of the Host will advance to the Championship Round on Saturday, November 3. No Championship Round entry fee is required for these qualifiers.
Complete tournament details are available at Xpressbet.com/BeattheHost.
“Beat the Host is a great entry-level tournament and also a chance for sophisticated players to compete for rich cash prizes,” said Ron Luniewski, Xpressbet President. “This format has been very popular with new and existing account holders and it’s a fantastic opportunity for players to enhance their enjoyment of Breeders’ Cup with Xpressbet.”
“We are very pleased to have XpressBet as a new sponsor of the Breeders’ Cup Sprint and this contest is a wonderful addition to the Championships,” said Robert Elliston, Chief Operating Officer of Breeders’ Cup Limited. “These types of contests have become extremely popular and this provides a fun and low-cost way for racing and sports fans to interactively join in the excitement of the Championships.”
To open an Xpressbet account visit (www.xpressbet.com).
Xpressbet is a Stronach Group company, North America’s leading Thoroughbred racetrack owner/operator. The Stronach Group racetracks include Santa Anita Park, Gulfstream Park & Casino, Golden Gate Fields, Portland Meadows, Laurel Park and Pimlico Race Course, home of the world-famous Preakness. The company owns and operates the Palm Meadows Training Center in Florida, and is one of North America's top race horse breeders through its award-winning Adena Springs operation. The Stronach Group is one of the world's largest suppliers of pari-mutuel wagering systems, technologies and services. Its companies include AmTote, a global leader in wagering technology; Xpressbet, an Internet and telephone account wagering service; and Monarch Content Management, which acts as a simulcast purchase and sales agent of horseracing content for numerous North American racetracks and wagering outlets. The Stronach Group is also a major producer of televised horseracing programming through its HRTV cable and satellite network and is North America's premier supplier of virtual online horseracing games, as well as a leading producer of social media content for horseracing.