Rules

Dates: July- November, 2008

HOW CAN I COMPETE?

Competing to top the TwinSpires.com Leaderboard is easy. There is no entry fee to compete in the leaderboard contests. All you need to do is designate your "real money' wagers as leaderboard wagers and you will start moving up the Leaderboard.

OK. I'm in. How does it work?

• Step 1: There are two ways to play so pick a strategy. You can either decide to try top our "Points Leaderboard" or our "ROI Leaderboard". The "Points Leaderboard" rewards you for picking winners regardless of the price. The "ROI Leaderboard" rewards you for finding value and amassing a large bankroll with your selections. Read below to learn more about how each Leaderboard is scored.
• Step 2: Select which Leaderboards you want to try to win. You can compete to top the "Win", "Place", or "Show" Leaderboard or compete in each one.
• Step 3: Designate your real money wagers as "Leaderboard Wagers" by selecting a check box on the TwinSpires.com wagering interface. The check box will automatically appear when you construct an eligible "Leaderboard Wager". Each Leaderboard Wager must be $5 for Win, $10 for Place and $20 for Show. Read below to learn more about eligible Leaderboard wagers.
• Step 4: Handicap well, watch your name move up the Leaderboard and collect your prizes!

ANNUAL LEADERBOARD PRIZES (for each of the 6 Leaderboards)

MONTHLY LEADERBOARD PRIZES (for each of the 6 Leaderboards)

* November Monthly Leaderboard Prizes (1st Place) will receive $250 in their wagering account.
**The maximum number of free entries for the Biggest Vegas Qualifier Ever is two per member. Once a player has earned two complimentary entries, the 1st place monthly prize is a $250 wagering credit.

Odds of winning depend on the number of players and skill level of each player. All prizes will be awarded regardless of the number of players. Prizes are not transferable and no substitution of prizes is permitted. Brisnet.com online data credit expires March 31, 2009.

ALL TAXES ASSOCIATED WITH THE RECEIPT OR USE OF ANY PRIZES ARE THE SOLE RESPONSIBILITY OF THE WINNER.

All cash prizes are paid as deposits into the account of TwinSpires used to enter the contest.

HOW TO PLAY

(updated 7/03/08)

The goal of the contest is to earn the largest bankroll (ROI) or accumulate the most Points in the designated Leaderboard of the player's choosing during any given month. Players can participate in as many Leaderboards as they want. There are a total of six Leaderboard contests that one can participate in:

• $5 Win - ROI
• $5 Win - Points
• $10 Place - ROI
• $10 Place - Points
• $20 Show - ROI
• $20 Show - Points

When you place a wager at the designated amount per wager type, e.g. $5 win, you will see a new checkbox appear in the wagering section allowing you to make it a Leaderboard contest wager. You must check this box in order for the wager to count towards the Leaderboard contest.

To designate a wager as a Leaderboard wager, you will need to mark a checkbox on the wagering frame that reads "Make this a Leaderboard wager." This checkbox will only appear for those wagers where Leaderboard wagering is permitted. A Leaderboard wager is only permitted for "Win," "Place," or "Show" wagers involving a single betting interest. In addition, a Leaderboard "Win" wager is only permitted when the Win wager amount is exactly $5. And, a Leaderboard "Place" wager is only permitted when the Place wager amount is exactly $10. And, a Leaderboard "Show" wager is only permitted when the Show wager amount is exactly $20. Multiple bets such as Win/Place can not be designated as Leaderboard wagers.

You will be automatically entered in both "ways to win" (Points and ROI) when successfully placing a Leaderboard wager. It is up to the player's own choosing to decide his or her own best strategy depending on the Leaderboard (Points or ROI) structure. Regardless, the same Leaderboard bet will counts towards both Leaderboards for the same wager type. Participants can not designate separate bets for Points or ROI for the same wager type, e.g. Place.

SCORING

Each calendar month will open and close a new Leaderboard for that month. For both the points and the ROI category there will be a separate Leaderboard for win, place and show. There will also be an Annual Leaderboard which will display the top scores from the monthly contest.

Points Leaderboard Scoring:

You will be allowed to designate 5 maximum wagers per day per bet type as your Leaderboard wagers and will be required to make a minimum of 40 Leaderboard wagers per month per bet type in order to be eligible for the Leaderboard.

You will earn 1 point for each winning wager and will earn a bonus of 2 points for any day in which all five of your selections were winners, based on the wager type. For example, five "show" wagers that cash based on the horses finishing in the money are considered "winning" wagers and would earn the 2-point bonus. The maximum amount of points a players could score in any single day is 7 per Leaderboard.

There is a maximum of 80 wagers per month per Leaderboard. This can be completed in 16 days at 5 wagers per day or a mix of more days and less wagers per day.

All contest wagers made where there is a scratch or a refund should not count against the individuals maximum wagers for the day or month.

The player with the highest accumulated Points Total in any given month from July to November, 2008 will be the Winner and will receive a qualifying spot to the 2009 National Handicapping Championship. There are six Grand Prize winners, one for each of the six Leaderboards.

ROI Leaderboard Scoring:

ROI will be calculated using parimutual payoffs and will be based on the total return of the winning wagers less the amount wagered on the winning bets. The total amount of the payoff per leaderboard wager will be aggregated for the player's monthly score. For example: If you made five "Win" leaderboard wagers at $5 each and two of those wagers won returning a total of $22.00, your ROI score for the day would be $12.00 ($22 minus the $10 wagered).. If all five of your wagers lost, your ROI score for the day would be $0.00.

There is a maximum of 80 wagers per month per leaderboard. This can be completed in 16 days at 5 wagers per day or a mix of more days and less wagers per day. You are not required to make any wagers on any day, but the more you participate up to the 80-wager max, the better your chances of winning.

All contest wagers made where there is a scratch or a refund will not count against the individuals maximum wagers for the day or month.

The player with the highest accumulated bankroll (ROI) in any given month from July to November, 2008 will be the Winner and will receive a qualifying spot to the 2009 National Handicapping Championship. There are six Grand Prize winners, one for each of the six Leaderboards.

CONTEST DEADLINES

COST OF ENTRY / ELIGIBILITY

Players must be 21 years of age or older in order to play. The TwinSpires.com Leaderboard is open to all active account holders of TwinSpires.com.

Patrons residing in jurisdictions where applicable law prohibits account wagering are not eligible to enter this contest. All federal, state and local laws and regulations apply. Employees of Churchill Downs Incorporated, and their respective affiliates, subsidiaries, contractors, directors, employees, advertising agencies, and their respective immediate family members are not eligible.

ENTRY

This is an Internet-based game, entries will only be accepted through the account wagering site TwinSpires.com. One entry per person are allowed. More than 1 entry per TwinSpires account holder/contest participant are cause for disqualification of all related entries. A player may not submit more than one entry with different names, addresses, wagering accounts, etc. TwinSpires reserves the right, at its sole discretion, to disqualify any player which TwinSpires believes has submitted more than one entry in the contest.

This is an Internet-based contest. Entries will only be accepted through the online wagering interface at TwinSpires.com using real wagering dollars. No faxed, mailed, electronically mailed or telephone entries are allowed.

CONDITIONS

1. There is no registration or entry fee required to participate in the Leaderboard contest.
2. Each player will enter the contest by submitting a wager at the required wagering limit and checking a box on the wagering interface entitled "make this a contest wager." A Leaderboard wager can only placed one time on an individual horse per wager type. For example, you can not place two $5 win bets on the same horse. You are allowed to bet the same horse to Win, Place and Show per the Leaderboard thresholds ($5, $10, $20), but you can not make a duplicate wager on the same horse.
3. Only wagers in the exact amounts listed below will be eligible for Leaderboard contest wagers:
   $5 Win
   $10 Place
   $20 Show
4. You are required to make a minimum of 40 Leaderboard wagers per month per bet type in order to be eligible for any one Leaderboard. You can participate in any or all six Leaderboards. The daily maximum number of wagers per wager type is five. The first five Leaderboard wagers (per wager type) each day that are chronologically submitted and accepted by Tote will count towards the daily max. If a member places more than 5 of the same wager type in a given day, only the first 5 will be accepted in the Leaderboard contest.
5. The system logs the time and date each player enters his or her selections.
6. Once a wager is submitted, you can not go back and edit the Leaderboard designation of that wager. If you fail to designate a wager as a Leaderboard bet prior to submission, the only solution is to place the same bet again with the proper designation. Likewise, you can not "remove" a Leaderboard designation on a submitted wager.
7. You can submit multiple Leaderboard wagers in the same race, including multiple wagers of the same type, e.g. win wager. The daily maximum number of wagers per type is five, therefore the maximum number of wagers of the same type per any individual races is five. If more than five runners are selected in a given race, the "contest checkbox" will not appear. Wagers for races contested past Midnight but prior to 2:01 a.m. PT will count towards the previous day's activity.
8. "*** Leaderboard Wager ***" is prominently displayed on the wager frame ticket whenever the user has designated a wager as a "Leaderboard wager."
9. Under "Recall Today's Bets," the screen will display all of today's wagers and three astericks, ***, will precede the base wager amount of any Leaderboard wagers you have placed for the day. Furthermore, the base wager amounts displayed in any conditional wager cancellation confirmation messages or any failed conditional wager messages are also preceded by three astericks for any Leaderboard wagers.
10. Bankrolls for ROI will be determined by track mutual payoffs. ROI will be calculated using parimutual payoffs and will be based on the total return of the winning wagers less the amount wagered on the winning bets. There are no caps on payoffs as these are real wagers. For ROI calculation purposes there are no deductions for losing wagers. It is in the players' best interests to play the maximum numbers of bets allowed (80) per wager type per month.
11. For each Leaderboard wager submitted, you receive 1 point per winning wager and receive a 2 point bonus if all 5 of your wagers of the same type in a given day are winning wagers. You must place the daily maximum of 5 wagers to be eligible for the bonus system.
12. The official final order of finish according to the host racetrack will determine the payoffs and whether or not a wager is considering a "winner."
13. Year-end winners are determined by the highest monthly total scores. The objective is score the highest possible score, for either ROI or Points, in any given month from the start of the contest in July until its conclusion in November, 2008.
14. A maximum of 2 spots to Las Vegas (one NHC and one World Series entry) can be won by an individual contestant. The top finishers of each of the 6 Annual Leaderboards, based on the highest monthly total during the course of the year, will be awarded the NHC spots. The runner-up on each of the 6 Annual Leaderboards will be awarded a seat in the Coast Casino Horseplayer World Series.
    
    In the event that one individual finishes 1^st on multiple Leaderboards at the conclusion of the contest, the following order will be used to determine which spot awards their NHC berth:
    $5 Win Points
    $10 Place Points
    $20 Show Points
    $5 Win ROI
    $10 Place ROI
    $20 Show ROI
    
    For example, if the same individual finished 1^st on both the Win Points Leaderboard and the Win ROI Leaderboard, he or she would be awarded the NHC berth based on the finish on the Win Points Leaderboard. He or she would then receive the World Series berth based on the top finish on the Win ROI Leaderboard. Consequently, the runner-up on the Win ROI Leaderboard would be awarded the grand prize of an NHC berth.
    
    In the event there is a tie between two or more players for the Year-end prizes, the following tiebreakers will be used in order:
    
    2^nd Highest Monthly score - for the same wager type and Leaderboard.
    
    Highest Monthly score - for the alternative Leaderboard. Therefore, if the tie is for ROI, the highest Points total for the same wager type will break the tie. If the tie is for Points, the ROI total for the same wager type will break the tie.
    
    3^rd Highest Monthly score - for the same wager type.
15. The Leaderboard will be updated on the TwinSpires.com Leaderboard website as soon as possible on the following day. It is the responsibility of the player to bring any alleged error, issue, or complaint to the attention of TwinSpires within 24 hours of its occurrence by sending an email to rich.nilsen@brisnet.com and describing the alleged error, issue or complaint in detail. If TwinSpires is not contacted within 24 hours, TwinSpires is not responsible for making adjustments to the Leaderboard standings.
16. TwinSpires will make the final decision on any disputes or unforeseen circumstances involving ties.
17. Conditional Win wagers can also be Leaderboard wagers if designated as such by the player. Submitting Leaderboard Win wagers using the conditional wagering tool may require significantly more monitoring of the wagers by the player throughout the course of the day, since some conditional wagers may "fail" to meet the requirements set by the player. A "failed" wager will not count towards a player's Leaderboard wagers.
18. Due to significant technical difficulties, TwinSpires.com reserves the right to exclude any given day from the Leaderboard calculations, if it is deemed that contest participation was severely hampered on that day.
19. TwinSpires is not responsible for players following the rules and guidelines of contest participation. It is solely the player's responsibility to meet contest requirements for correctly submitting their Leaderboard wagers.
20. TwinSpires may post past performance information, commentary and charts of contest races when appropriate. TwinSpires shall not be liable for any inaccurate, incomplete, or missing information that is posted. Such information is posted only to help players make their selections and any opinions or analysis posted by TwinSpires and/or its affiliates regarding the outcome of the races should not be taken as a recommendation of which horses to select.
21. Each player agrees that TwinSpires.com may use his or her name and picture for publicity if they are a prize winner without further compensation.
22. ALL MONETARY VALUES STATED ARE IN U.S. DOLLARS.
23. All Winners will be required to provide a legally valid identification and eligibility release tax forms in order to claim the cash prize.
24. Elected officials to any state or national horse racing board or horsemen organization are not eligible to participate.
25. All copyright, trademark and other proprietary rights associated with the contest, become property of Churchill Downs Incorporated.
26. TwinSpires reserves the right to change the contest schedule and rules without notice, or cancel the contest due to unforeseen events.
27. Important Notice for NHC Tour members: you must notify us of your NHC Tour pin number no later than the 15^th day of the first month you participate. Send an email with your full name, TwinSpires.com account number, and your NHC Tour number to rich.nilsen@brisnet.com.
28. Each of the six Leaderboards will award points per the NHC Tour point structure, but only one NHC Tour Point allotment regardless of how many Leaderboards an individual member participates in during the year. A participant's best Leaderboard finish across all the Leaderboards will determine his or her NHC Tour points. A maximum of one Leaderboard score per member will be applied for NHC Tour points. The maximum number of NHC Tour Points awarded per the TwinSpires.com Leaderboard will be 3,500 per participant. For example, if NHC Tour member John Smith finishes 1st in the Place Points Leaderboard and 2nd in the Show ROI Leaderboard, he will only receive Tour points for his higher placing in the Place Points contest. *. Click here for NHC Tour rules and point earning structure.

DISCLAIMER

The TwinSpires Leaderboard Contest is a contest of skill, subject to all federal, state, and local laws and void where prohibited by law. Entrant agrees that TwinSpires and its parent affiliates, their respective agents, employees and affiliates, and the released parties (defined as Churchill Downs Incorporated) shall not be liable for injury, loss of damage of any kind resulting from participating in this contest or from the acceptance or use of the prize money awarded. By entering the contest, entrant agrees to be bound by these official rules and consents to the use of his/her name, city and state or province of residence and/or photograph for promotional purposes without additional compensation, unless prohibited by law. Entrant further agrees that he or she will not use the name of TwinSpires or its affiliates, or any logo, trademark, slogan, or other mark associated with any of them, without the express written permission of said companies.

TwinSpires reserves the right to verify eligibility qualifications of entrants. If TwinSpires determines, in its sole discretion, that there is any suspected or actual electronic tampering with the contest or if technical difficulties compromise the integrity of the contest, TwinSpires reserves the right to void the entries at issue and/or terminate the contest. If the contest is terminated due to tampering or technical difficulties or for any other reason prior to its planned expiration date, notice will be posted on the TwinSpires affiliates' website.

Any attempt to deliberately damage the content or operation of this contest is unlawful and subject to legal action by TwinSpires and/or its affiliates. TwinSpires will not be responsible for any: (a) late, lost, garbled, misdirected, incomplete, or damaged entries; (b) any contest disruptions, injuries, losses or damages caused by events beyond the control of TwinSpires and/or its affiliates; or (c) any printing or typographical errors in any materials associated with the Game. In no event will sponsor, its parents, affiliates, subsidiaries and related companies or their respective officers, directors, employees, representatives and agents, be responsible or liable for any damages or losses of any kind, including direct, indirect, incidental, consequential or punitive dames arising out of your access to and use of the said companies' websites or the downloading from and/or printing material downloaded from those sites.

GENERAL RELEASE

LINKS TO THIS CONTEST BY OTHER INTERNET SITES ARE PROVIDED AS A SERVICE TO HORSERACING FANS, AND THESE OTHER INTERNET SITES ARE NOT RESPONSIBLE FOR THE CONTENT THAT APPEARS ON THE CONTEST SITE. TWINSPIRES AND ITS AFFILIATES ARE NOT LIABLE FOR CLAIMS AND/OR GUARANTEES MADE BY OTHER INTERNET SITES.

INTERNET/TECHNOLOGY PROBLEMS

If for any reason the Internet portion of the program is not capable of running as planned, including infection by computer virus, bugs, tampering, unauthorized intervention, fraud, technical failures, or any other causes beyond the control of TwinSpires, which corrupt or affect the administration, security, fairness, integrity, or proper conduct of this contest, TwinSpires and its affiliates/agents reserve the right, in its sole discretion, to cancel, terminate, modify or suspend the Contest and select winners in a manner, which in the sole judgment of TwinSpires, is fair, appropriate and consistent with these Official Rules. TwinSpires and its affiliates/agents reserve the right to disqualify any individual who violates these Contest Rules or the associated rules sets referenced. Herein, if anyone tampers with the entry process or engages in any conduct detrimental to TwinSpires, the Contest or any other player (in each case as determined at TwinSpires's sole discretion), to lock out any individual whose eligibility is in question, and to cancel, terminate, modify or suspend this Contest at any time. The Released Parties assume no responsibility for, and will not be liable for, any error, omission, interruption, deletion, defect, delay in operation or transmission, communications line failure, theft or destruction or unauthorized access to, or alteration of entries. None of the Released Parties are in any way responsible or liable for any problems or technical malfunction of any telephone network or lines, computer on-line systems, servers, or providers, computer equipment, software, failure of any e-mail or entry to be received by TwinSpires on account of technical problems or traffic congestion on the Internet or at any associated Web site, or any combination thereof, including any injury or damage to participant's or any other person's computer related to or resulting from participation or downloading of any materials in this Contest.

CAUTION:

ANY ATTEMPT BY ANY PERSON TO DELIBERATELY DAMAGE ANY WEB SITE OR UNDERMINE THE LEGITIMATE OPERATION OF THE CONTEST IS A VIOLATION OF CRIMINAL AND CIVIL LAWS AND SHOULD SUCH AN ATTEMPT BE MADE, TWINSPIRES RESERVES THE RIGHT TO SEEK FROM ANY SUCH PERSON DAMAGES AND ANY OTHER REMEDIES AVAILABLE TO TWINSPIRES TO THE FULLEST EXTENT PERMITTED BY LAW.

NOTIFICATION

Winners will be notified by e-mail or phone and will be required to sign and return a W9 and an affidavit of eligibility and publicity/liability release (unless prohibited by law) within ten (10) days following attempted notification. Any prize returned as undeliverable may result in disqualification and selection of an alternate winner. In the event of a dispute about the identity of any player, entries made online will be declared made by the authorized account holder of the TwinSpires account submitted at time of entry. A potential winner will be required to provide proof that the potential winner is the authorized account holder of the TwinSpires account associated with the winning entry.

RULES AND WINNER'S LIST

This contest is subject to these Contest Rules and any other rules set expressly referenced herein. Game players agree to abide by the terms of these Contest Rules and by the decisions of TwinSpires, which are final on all matters pertaining to this contest. TwinSpires reserves the right to change these Contest Rules at any time, in its sole discretion. Contest rules may be obtained on the TwinSpires affiliates' website.

A winners' list will be posted on the TwinSpires affiliates' website no later than one week after the contest and may also be obtained by sending a SASE to the address below.

CONTEST SPONSOR

The sponsor of the contest is Churchill Down Technology Initiative Co. The address for the purposes of this contest is:

Churchill Down Technology Initiative Co.
P.O. Box 8510
Lexington, KY 40533-8510

Attn: Tournament Director Rich Nilsen

HEADERS

The section headers contained herein are only provided for convenience purposes only and shall not be used to modify or interpret the terms of these Official Rules. To begin the TwinSpires.com Leaderboard,,log into your account at http://beta.twinspires.com/. For questions about this game, send e-mail to rich.nilsen@brisnet.com