This past Saturday Derby Wars hosted its first ever monthly Shootout handicapping contest.
The top prize was $10,000 and over $25,000 in cash and future contest
entries were awarded. The contest offered 165 spots which could be
earned via preliminary contests in the weeks leading up to the Shootout
or by buying in for $175.
The $25,000 Shootout followed the traditional online handicapping
contest format with one difference. The contest consisted of 15 races
from three tracks (Gulfstream, Santa Anita and Tampa Bay) and players
were required to select one horse in each race on which a mythical $2
Win and Place bet were made. The one difference and one that was
implemented in all handicapping contests hosted by Derby Wars is a lower
odds cap. Typically the odds caps are $42 to Win and $22 to Place, but
Derby Wars now caps Win bets at $32 and Place bets at $18.
According to the team behind Derby Wars this change was made because
of feedback from its players. Personally I like the change because it
rewards players that focus on sound handicapping and reduces the luck
factor that rewards players that stab at impossible long shots.