Tuesday, February 01, 2005

Handicapping Contests... Why wouldn't you?

In a recent DRF Simulcast Weekly Poll conducted on DRF.com from January 22 to January 27, 2005 only 53% of the 1,620 people who voted said they would enter a National Handicapping Championship (NHC) qualifying tournament in 2005. These results are pretty much status quo with results I've seen from previous polls conducted over the last couple of years. I personally have no idea why you wouldn't want to participate.

I've made some decent profits from "a day at the races" but I've never been able to invest $100, $200 or $500 and turned it into $10,000, $25,000 or $50,000. Of course, I haven't been able to do that in a contest yet either, but that's exactly the opporunity that awaits you by entering a contest. It doesn't even have to be a qualifier for the DRF/NTRA National Handicapping Championship.

I am currently participating in the America Tab Handicapping Open where each week you can pay $25 to enter for a chance to win a couple of thousand dollars and qualify for the America Tab Handicapping Open Finals. The actual purse each week is dependent upon the total number of entries. Each week 60% of the entry fees are paid out to the top 4 finishers and the other 40% is held back for the Finals which will take place on Saturday, August 6, 2005. It was recently announced that there will only be 220 entries in the Finals and the purse has been guaranteed to be a minimum of $100,000 though it is very likely to be more. The top 5 finishers of each weekly contest qualify, and you can have a maximum of two entries.

Handicapping Contests are a great way to prove your mettle against some of the best handicappers in all the land. Yes, there is a lot of luck involved, but you can say that about a "regular" day at the races. Most contests have an odds cap to prevent some bum from selecting a 50-1 shot on the last race and take home all the marbles. I would highly recommend taking advantage of these opportunities and once you do you'll be hooked for life.

I'll post the contests I plan on participating in throughout 2005 so feel free to track me down and say hello.

Related Links:
Daily Racing Form
DRF/NTRA National Handicapping Championship
America Tab Handicapping Open

4 comments:

Anonymous said...

Next year if your in Vegas for the Nationals, look to right and your daddy will be right there.

Anonymous said...

eric i keep up the good work..i enjoy your posts..mike e

Anonymous said...

If you check out the Ameritab weekly tournament results they have mostly been won by people who have hit one or two races out of the set at a big price. I don't really see these tournaments as bringing out the best handicappers. It involves taking seven or ten (depending on the # of races) stabs at potential longshots. In some cases, you might as well throw a dart and hope. I would prefer to see some tournaments based on # of winners chosen or pick three horses per race and total # of in the $$ finishers or something similar.

Anonymous said...

If you like contests - this is nirvana. check this out: DailyHandicappingContests.com