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-   -   CONTEST 1: PACE ADVANTAGE INAUGURAL (http://www.paceadvantage.com/forum/showthread.php?t=64019)

Jay Trotter 11-22-2009 01:38 PM

CONTEST 1: PACE ADVANTAGE INAUGURAL
 
This is the "official" contest thread for:


THE ULTIMATE PARLAY CHALLENGE
PACE ADVANTAGE INAUGURAL

***

$200.00 CASH CONTEST

NO ENTRY FEE

Wednesday, November 25th to Sunday, January 10th

Minimum of 30 plays required to qualify for Prizes


Plays allowed Wednesdays to Sundays
No Plays allowed on Christmas Eve or Christmas Day
33 Playable days total

***

CO-SPONSORED BY


PACEADVANTAGE.COM
HOST SPONSOR
$100.00

&

ASSINIBOIA DOWNS
CONTEST SPONSOR
$50.00

&

ULTIMATE PARLAY CHALLENGE
INAUGURAL SPONSOR
$50.00

***

POST YOUR PLAYS IN THIS THREAD

ADDITIONAL DETAILS TO FOLLOW

Jay Trotter 11-22-2009 01:44 PM

PRIZE STRUCTURE
 
This is the "official" contest thread for:


THE ULTIMATE PARLAY CHALLENGE
PACE ADVANTAGE INAUGURAL

***

$200.00 CASH CONTEST

NO ENTRY FEE

Wednesday, November 25th to Sunday, January 10th

Minimum of 30 plays required to qualify for Prizes



***

PRIZE STRUCTURE

1st Place - $125.00 Cash

2nd Place - $50.00 Cash

3rd Place - $25.00 Cash

***

Jay Trotter 11-22-2009 01:52 PM

OBJECTIVES & RULES
 
OBJECTIVES



1. To accumulate the largest bankroll over time based on successful Win, Place or Show parlay wagers.
2. To increase our collective knowledge of handicapping, display sportsmanship and have fun!
3. To create awareness of various racing products and encourage wagering at sponsor tracks.

***



RULES



1. Wagers may be made at any thoroughbred race track in North America with posted entries and results in the Daily Racing Forum (www.drf.com).
2. Selections are allowed on race days from Wednesday to Sunday only unless specified otherwise. (ie. American & Canadian Holidays)
3. Each player begins with a $5.00 bankroll.
4. All subsequent bets are made with the original $5.00 bet plus profits.
5. All bets must be rounded down to the nearest full dollar value.
6. All breakage (profits greater than nearest full dollar) above the nearest full dollar value can be added to the winnings of subsequent plays.
7. A player may make a maximum of three bets per day. Each wager is a separate entity and can be to Win, Place or Show.
8. A player may post all three bets at the same time if he chooses, but they must be made in order of official listed post time.
9. A scratched selection counts as no action (no bet).
10. A cancelled race counts as no action (no bet).
11. A race with No Show Betting will count as no action (no bet) if the bet is a Show Wager.
12. All selections must be posted at least 1 minute prior to actual Post Time or they will not be scored. Entries are time stamped. An entry that is posted during the same minute as the race is officially off will not be scored.
12a. If a selection is posted in the last minute to post or late and it ends up being a "losing" selection it shall count against the player as his intention was clear.
12b. Edited selections will be scored in the same manner as presented in rules 12 and 12a.

13. If a selection ends up being No Action, the player may post a new selection to take its place.
14. An entry selection must be explicitly stated as such or the posted play will be scored as stated. (ie. Entry of #1 and #1A will be scored as such if posted as #1/#1A ~ if you post only part of the entry and that selection scratches, you will have no action (no bet) for that race.
15. Further to entries, if you post only part of the entry (ie. 1A) and the other half of the entry actually wins, places or shows, the player shall be awarded similar to what would take place at the race track. The purpose of the Entry Rule is to protect the player from late scratches.
16. If a player fails to declare Win, Place or Show, the play will automatically become a Win play.
17. It is recommended that when placing your bet, you state the number and name of the entry. The name of the entry will supersede the number in case of discrepancy.
18. A player must successfully parlay the original $5.00 wager over a minimum of three races.
19. Upon reaching the plateau of three successful Parlay bets, the Player can:
(a) Choose to “Parlay” and continue on with the Parlay, extending the length and value of the play;
(b) Or “Bank It”, thus locking in the value of the parlay into his Bank Account.
20. A player can continue to “Parlay” as long as he wishes, but if he doesn’t cash out prior to losing, all will be lost and he will have to return to the Bank and begin again.
21. When a player Banks the winnings his account balance will be credited with the full amount of all winnings including any breakage less the original $5.00.
22. At any point where a player’s parlay is broken (selection does not place as wagered) he will have to return to the Bank and begin a new parlay.
(a) His bank account will be debited the original $5.00 less any breakage he might have on balance.
(b) He may begin a new Parlay with $5.00.
23. All parlays are cashed out at the end of the contest.
24. The contest winner will be declared based on the largest increase in their Bank Account for the contest period.
25. A minimum of 30 selections during the contest period are required to be considered an official entry.
27. The moderator (Jay Trotter) or his designate will have the final say on any challenge or amendment to the rules. This is a fun contest intended to be played in good faith!
28. Only one entry per individual is allowed.



***


SCORING EXAMPLE


Starting bankroll = $5.00

Bet #1 – Aqueduct Race 1 (PT 12:32) $5.00 Show
Places 2nd paying $3.20 to Show
$5.00 Show pays $3.20 = $8.00 (Bankroll at $8.00)



Bet #2 – Beulah Race 5 (PT 1:21) $8.00 Place
Places 2nd paying $6.70 to Place
$8.00 Place pays $6.70= $26.80 (Bankroll at $26.80)



Bet #3 – Hawthorne Race 8 (PT 4:12) $26.00 Show ($ .80 breakage)
Places 1st paying $3.00 to Show
$26.00 Show pays $3.00 = $39.00 + $ .80 = $39.80 bankroll



Option 1: Player can continue to “Parlay” with a Bankroll of $39.80; or
Option 2: Player can “Bank” their winnings of $39.80 and start a new parlay with $5.00.



***

Jay Trotter 11-22-2009 02:16 PM

POSTING YOUR PLAYS
 
GUIDE TO POSTING YOUR PLAYS



* Players are allowed a maximum of three plays per day.

* If a play ends up as "No Action" (scratch, no show betting, etc.) you may make an additional play to a maximum of three.

* Please do not post Scratch Alternates.

* All Post and/or Edits must be made one full minute prior to the official post time.

* You must indicate Win, Place or Show. If you fail to post your option the play will be scored as a Win play.

* You may post all three of your daily plays at the same time or play live and post throughout the day.

* When posting please indicate the Date of your plays in the Title.

* When posting multiple plays please put them in order as listed for offiical post time in the DRF.


POSTING EXAMPLE

TITLE

November 25th Plays

BODY OF POST

Play 1: Hollywood 4 - #2 Zillytheprofessor Place
Play 2: Golden Gate 6 - #7 Boxcarontheright Show
Play 3: Portland Meadows 3 - #5 Whosleftofhcap Show (Bank)

***IMPORTANT***

Always post the name of the selection as that will be used to rectify any errors if the track, race number or program number was posted incorrectly.

***

Jay Trotter 11-22-2009 02:44 PM

A FEW THING BEFORE WE BEGIN
 
A little house keeping before we begin our first contest on PaceAdvantage.com:


THANKS PaceAdvantage.com

Special thanks to Mike and PaceAdvantage.com for hosting and sponsoring the Ultimate Parlay Challenge. We look forward to a great partnership!


MODERATOR

As moderator of the contest, I (Jay Trotter) will be participating but I will not be eligible for the prizes.


SCORING

Scoring is still mostly manual so please bare with us when life gets in the way and results are delayed. We are always open to assistance with scoring or developing a more automated format.


POSTING

The contest is designed as a handicapping and wagering contest and not a "tote board watching" event, so we ask that you get your plays posted in a timely manner.


ITS NOT A GRIND

The great thing about the UPC is that it doesn't have to be a "handiCapping grind"! You have 30+ days per contest to get in your 30 minimum plays. This means you can be very selective and don't need to play every day.


MANY WAYS TO WIN

Throughout the history of the game many routes have been taken to arrive at the top! We've had players churn away with Show plays on the favorites and we've seen a 3 play Win parlay worth $850.25 do the trick. What's your strategy?


QUESTIONS

I welcome your questions, thoughts and ideas! Please feel free to message or email me at jcbear12@gmail.com.


GOOD LUCK & GOOD RACING


***

toetoe 11-23-2009 04:46 PM

Do you recommend any special usage, such as bank for returning to a $5 level, and parlay for starting a parlay ? In other words, some standard terminology ... :confused:

toetoe 11-23-2009 04:48 PM

Okay, I see from your example that you used those very words --- bank and parlay. :ThmbUp: .

bisket 11-23-2009 08:05 PM

if you make your 5$ bet and lose thats it?

Jay Trotter 11-23-2009 08:26 PM

Quote:

Originally Posted by bisket
if you make your 5$ bet and lose thats it?

Bisket,

No, you are never out. If you lose your Parlay, $5.00 is deducted from your Bank Balance and you start again. That's the great thing about the game -- you are always a Parlay away from getting in the hunt!

I hope you'll give it a try!

Trotter:ThmbUp:

Jay Trotter 11-23-2009 11:26 PM

PRACTICE DAY
 
Should any players wish to post plays on Tuesday, November 24th I will score them as a "Practice Day" in an effort to clarify any issues that might arise.

Please post away!


OFFICIAL CONTEST
BEGINS WEDNESDY, NOVEMBER 25TH
***

eddy1 11-24-2009 10:20 AM

CD R4 #8 M J Inthegarden place

CD R8 #6 Dr Rhythm Win

CD R9 #3 Giddyup Gadfly show

tiger rose 11-24-2009 10:24 AM

Practice

Finger Lakes 1 #1 entry $5 Win
CD 1 #2 Bronx City Girl Win
Finger Lakes 3 #3 Paradisia Win

Stan717 11-24-2009 11:22 AM

LIVE
 
Could someone explain the term "LIVE" please.
as in...
Post selections live.

Jay Trotter 11-24-2009 11:32 AM

Quote:

Originally Posted by Stan717
Could someone explain the term "LIVE" please.
as in...
Post selections live.

Stan,

"Live" simply means you can post your plays one at a time throughout the day instead of posting all three selections at the same time. Bascially, no different than watching the races and getting your bet down prior to post time (keeping in mind the 1 minute rule).

Trotter

TheStageIsSet 11-24-2009 01:19 PM

Where do you register?


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