Sharpen up your handicapping pencils and put on your best straw fedora, a la the Lemon Drop Kid, for Saturday’s horseplayers’ tournament at Delaware Park.
Horse racing handicapper tournaments, such as the monthly tournaments held at Delaware Park, give pony players the same opportunity that poker tournaments offer card players-and opportunity for a big prize for a modest investment.
The next horse racing handicappers tournament at Delaware Park is June 23. The total buy-in is $140-$40 for the entry fee and $100 to purchase a betting card. The top four handicappers get a piece of the prize pool (May’s winner collected more than $2,000). And the winner of each monthly Delaware Park contest also wins an entry into the $1 million 2013 Horseplayer World Series at the Orleans Hotel in Las Vegas, plus room and $400 for airfare.
The short version of the rules is that each participant uses the $100 betting card to bet on a day of races. Horseplayers must wager on races at Delaware Park, Belmont, Woodbine, Monmouth, Parx and Churchill Downs, and only win, place and/or show wagers are acceptable.
A tournament player must wager on a minimum of 10 races (there’s no maximum) and wager at least $10 per race (again, there’s no max on how much is bet on a single race.
The winner is simply who has earned the most money through the last race. If there’s a tie on the amount of money won, the participant placing the most wagers will be declared the winner.
• 100 percent the entry fees will be awarded as prizes for each contest.
• Distribution of the prize pool is-1st place 50 percent, 2nd place 25 percent, 3rd place 15 percent, and 4th Place 10 percent.
In addition to Saturday, handicapping tournaments at Delaware Park are scheduled for July 14, Aug. 11, Sept. 8, Oct. 13, Nov. 24 and Dec. 8.
Entries are limited to two per person. Contest handicappers must be at least 21 to enter and a member of the Delaware Park’s players club. Membership in the players club is free.