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... repeated from my earlier post:
1) Each entrant will put up one $5 chip (must be a nice collectible; not
necessarily mint, but a chip you would like to have in your own collection).
The exact chip must be specified in the entry email.
2) Entries will be accepted by email only (for my ease of keeping track of
them), though I have no problem with posting of entry information on the BB
(for reasons that will be obvious, most of you won't want to do this anyway).
Please put "KENTUCKY DERBY POOL ENTRY" in the subject line of your entry email.
3) Entries will be accepted any time up to and including ten minutes before
post time (this will allow modifications for late scratches). The race will
be held on Saturday, May 6, 2000, but I don't know the post time yet (last
year they went off at 5:29 KST). Timely submission will be determined by the
time on the email entry.
4) Entries can be changed at any time up to the same deadline. Just send a new email.
5) Each participant must select the top three finishers in order: first,
second and third; or, as the horsey folks say, win, place and show. If you
need help handicapping the race, you can try the official Derby website at:
6) I will score the entries as if each person had placed a $2 bet on each of
the horses selected to finish in the top three. In other words, I will
determine the payout each entrant would receive if he'd placed a $2 bet to
win on the horse he (or she! Katie) picks to finish first, a $2 bet to place
on the second place pick and a $2 bet to show on the third place pick.
7) As a tie-breaker, each entrant must also pick the finishing time of the
winning horse to the nearest one-hundredth of a second (last year's winning
time was 2:03.29 on a fast track; the Derby record is held by Secretariat,
who ran 1:59 2/5 in 1973). Winning times in other years are also available
at the derby site listed above (up until last year, the times were given in
fifths of a second). The tie-breaker will be the closest prediction to the
actual time, regardless of whether faster or slower. If that doesn't break
any tie, I'll split the prize or prizes involved.
8) Payoffs will be as follows:
----------- 1st --- 1/2 of all chips
----------- 2nd --- 1/3 of all chips
----------- 3rd --- 1/6 of all chips
Fractions will round in favor of the higher place. Example: if there are 14 entries, the winner will get 7 chips, 2nd will get 5 and 3rd will get 2.
9) Anyone who wants to increase his risk may submit more than one entry at a cost of one $5 chip for each entry.
10) To insure there is no hanky-panky, I will not enter the contest myself. <g>
----- jim o\-S
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