OFFICIAL RULES: 2018 $ 500 JANUARY CH ALLENGE

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OFFICIAL RULES: 2018 $ 500 JANUARY CH ALLENGE CONTEST DATE: SATURDAY, JANUARY 6, 2018 CONTEST LOCATION: SANTA ANITA PARK MUST BE AN NHC TOUR MEMBER TO PARTICIPATE IN THE TOURNAMENT (SEE #14) 1. PLAYER S BANKROLL: This is a real money handicapping contest with players competing with live money wagering cards. This contest requires a $500 buy-in, per entry. Each entry will receive at the beginning of the contest a wagering card that has a balance of $300 (the remaining $200 is an entry fee, which is allocated 100% to prizes). At the conclusion of the contest, any dollar amount remaining on the wagering card remains the property of the player. 2. TO ENTER: Deadline to enter is 2:30 p.m. PT on Saturday, January 6, 2018. Participants may enter by phone, online, by mail, or at the Main Thoroughbreds Center the day of the event (walk-up entry). Accepted payment methods for entries are check, credit card, and/or cash. Personal checks will not be accepted after Monday, January 1, 2018. There is a maximum of THREE (3) entries per person. Phone Entries: To enter by phone, please contact (626) 574-6384 and inquire about the $500 January Challenge. Online Entries: Players may enter by submitting their contact information online at: www.santaanita.com/contests

Mail-In Entries: To enter the contest by mail send a check payable to Los Angeles Turf Club for $500, per entry. Checks should be sent to: Santa Anita Park Attn: Nate Newby 285 West Huntington Dr. Arcadia, CA 91007 No personal checks will be accepted after Monday, January 1, 2018. Only cash entries will be accepted during the week of the tournament. Walk-Up Entries: Walk-up entries are accepted at the Main Thoroughbreds Club Center the day of the contest. Cash payments will be accepted. Participants must provide a valid government issued ID to a contest official. Walk-up entries will not be accepted after 2:30 p.m. PT on Saturday, January 6, 2018. 3. FORMAT: Tournament races will include all live races from Santa Anita Park on Saturday, January 6, 2018. Permitted wagers will include Win, Place, Show, Exacta, Trifecta, and Daily Double Wagers. (No Superfecta, Super High 5, Pick 3, Pick 4, Pick 5 or Pick 6 wagers will be permitted in the contest). Each entry must wager their entire $300 bankroll on Saturday, January 6, 2018. Players may do so on one race or a combination of multiple races. Should a player fail to bet the required minimum $300 on Saturday, January 6, 2018, they may be disqualified from the contest and will not be eligible to win prizes. Any situation involving a late scratch where it is deemed the players were not given sufficient time to adjust their betting will be handled on a case-by-case basis by Santa Anita contest officials. The player with the top bankroll after the last race on Saturday, January 6, 2018 will be declared the winner. It is the player s responsibility to meet the wagering requirements listed above. Santa Anita Park contest officials will make the decision on disqualification in the event of a rule violation and all decisions are final. The remaining bankroll on the player s wagering card remains the property of the player, however, their entry fee will not be refunded.

4. PRIZES Prizes include: 1. One (1) entry into the 2018 Pegasus World Cup Betting Championship (PWCBC) 2. Two (2) entries into the National Horseplayers Championship (NHC) for 2018, or 2019 (player s choice), hotel and airfare to Las Vegas included, courtesy of Santa Anita Park. 3. $10,000 in Cash Prizes to the top four (4) finishers (Based on 150 entries) Entry Prizes: The one (1) entry into the 2018 Pegasus World Cup Betting Championship (PWCBC) and the two (2) entries into the 2018, or 2019, National Horseplayers Championship (NHC) will be awarded to the top three (3) finishers, with the first place finisher after the final race at Santa Anita Park on January 6, 2018 having first choice of one (1) of the entries. After the first place finisher has chosen his/her entry, the second place finisher will have a choice of one (1) entry from the remaining prize options. After the second place finisher has chosen his/her entry, the remaining prize entry will be awarded to the third place finisher. NHC ENTRIES: Each prize entry into the National Horseplayers Championship (NHC) will be valid for either 2018, or 2019. The player that wins such NHC entry in this contest may choose to compete in 2018, or 2019. In order to redeem an NHC prize entry for 2018, the player must inform a Santa Anita Park contest official no later than 3:00 p.m. PT on Wednesday, January 10, 2018. Should the player fail to notify a Santa Anita Park contest official prior to this deadline, their NHC entry will automatically become valid for 2019, only. Players will be eligible to win one NHC spot, per person in this contest. Depending on a particular situation, L.A.T.C. (in cooperation with the NTRA) may assign an alternate qualifier. In the event a participant that is already dual qualified for the 2018 NHC (as of January 6, 2018) finishes in a position that receives an NHC entry as a prize, that player s NHC entry will automatically be valid for 2019, only. NHC TOUR POINTS: No NHC Tour points will be awarded in this contest.

PEGASUS WORLD CUP BETTING CHAMPIONSHIP ENTRY: The 2018 Pegasus World Cup Betting Championship (PWCBC) will be held Friday, January 26 and Saturday, January 27, 2018. The player that wins an entry into the 2018 PWCBC will have a choice to compete in the 2018 PWCBC at Santa Anita Park in Arcadia, California, Golden Gate Fields in Albany, California, Laurel Park in Laurel, Maryland, or at Gulfstream Park in Hallandale Beach, Florida. Should a player that wins a PWCBC entry at Santa Anita choose to compete in the 2018 PWCBC at Gulfstream Park, Santa Anita will provide the player $600 for travel, plus two tickets to the races at Gulfstream Park for Friday, January 26 and Saturday, January 27, 2018. Cash Prizes: The final prize distribution will be announced after entries close on Saturday, January 6, 2018. Cash prizes, in addition to the items listed above, will be awarded to the top four (4) finishers. C ASH PRIZES BASED ON 150 ENTRIES Total Cash Prize Pool at 150 Entrants: $10,000 1st Place: $5,000 2nd Place: $2,500 3rd Place: $1,500 4th Place: $1,000 In the event that there are fewer than 150 entrants in the contest, Santa Anita Park reserves the right to offer a lower total cash prize pool (100% of the entry fees will be paid out as prizes). The one (1) entry into the 2018 Pegasus World Cup Betting Championship and the two (2) entries into the NTRA National Horseplayers Championship are guaranteed, no matter the final number of total entrants in the contest. 5. CHECK-IN ON CONTEST DAY Participants must check-in at the Main Thoroughbreds Club Center, located at Santa Anita Park, next to Patron Services, across from the winner s circle. For assistance finding the Main Thoroughbreds Club Center please call (626) 574-6384.

6. PLAYER CARDS Each participant will be issued a player card used for all wagers. This card contains the real money bankroll of $300. If a player loses his/her card or the card is not working, the player should immediately report to the Main Thoroughbreds Club Center or a contest official to receive a new card. Santa Anita Park/Los Angeles Turf Club is not responsible for any races missed due to a malfunctioning or lost card. 7. PLACING WAGERS: All wagers must be placed through self-service machines. Wagers will not be accepted through mutuel tellers. Players must place all wagers personally unless pre-approved by a contest official. No person shall directly or indirectly act as an intermediary, transmitter, or agent in placing wagers for the player, unless authorized by L.A.T.C. tournament officials. All official track rulings will apply to wagers placed in the Tournament except as otherwise stipulated. The tournament will be based on official s placement and mutuels at Santa Anita. If a player wagers on a track other than Santa Anita Park for purposes of the contest, the player may be disqualified and any winnings will not count for contest standings. 8. ADVANCE WAGERING: Advance wagering will not be permitted unless prior approval has been obtained by a tournament official. Wagers for each race must be placed after the race prior has been declared official. This rule is designed to maintain an accurate leaderboard. If a player needs to advance wager for any reason, please contact a tournament official. The tournament official will decide if an advance wager will affect the integrity of the leaderboard. All decisions are final and penalties for violating this rule will be at the sole discretion of tournament officials. 9. CASHING OUT THE BALANCE OF THE PLAYER WAGERING CARD: Players will not be able to cash out their wagering card until after the final live Santa Anita race on Saturday, January 6, 2018 becomes official. Should the player cash out his/her card before the last live Santa Anita Race is official, that player s entry can be disqualified from any prizes. 10. IRS WITHHOLDING: Per new tax rules by the U.S. Treasury Department and the Internal Revenue Service.

11. SCRATCHES If a horse is scratched after a wager is placed, it is the player s responsibility to change his/her selection prior to the race subject to all other contest and parimutuel wagering rules. 12. TIES In a result of a tie between any of the top four finishing positions, the player with the highest total wagers will be declared the winner for NHC qualifying purposes. For example, if two players tie for third place and player #1 has wagered a total of $300 ending with a bankroll of $800 and player #2 has wagered a total of $400 finishing with a bankroll of $800 (based on wagering his/her winnings as well as original bankroll), Player #2 will receive the NHC qualifying spot. If both players wagered the same amount and finished with the same final bankroll, the player with the highest single race profit will be awarded the qualifying spot. In the event both players wagered the same amount, finished with the same bankroll, and tied with the largest single race profit, the qualifying spots will be decided by whoever registered for the contest first. 13. CONTEST STANDINGS: Current standings will be posted after every race or as soon as the information is available. Standing will appear on a dedicated in-house TV channel. Please inquire at the registration desk for channel number. 14. NHC TOUR MEMBERSHIP REQUIRED TO PARTICIPATE: As required by the NTRA rules: All tournament participants must be members of the NHC Tour before the contest begins in order to participate in the NHC in Las Vegas. Tourney participants may register for the NHC Tour at www.ntra.com/content/nhctour. The cost is a one-time fee of $50. NHC Tour members must be at least 21 years of age to participate in the NHC in Las Vegas 15. INELIGIBILITY / DISCLOSURE: The following are ineligible to participate in this contest: Santa Anita Park contest officials and NHC Contest Officials. If anyone has any ownership interest in any horses running in any of the applicable tournament races then all involvements must be fully disclosed to Santa Anita tournament officials prior to the start of the tournament.

16. TAXES: Liability for any and all federal, state, and local taxes is solely the responsibility of prize winners. 17. AFFIDAVITS: Affidavits confirming compliance of all the rules of this contest will be required of all participants. The grand prize winner acknowledges that if they enter this contest under a fraudulent name and/or Social Security number, they will be immediately disqualified from this and all future contests held by Los Angeles Turf Club, Inc. Positive identification is required of all prizewinners. Positive identification is a valid California Driver s License with a picture and the same address and birth date used on the entry forms, and/or such other form of identification as deemed adequate by contest officials. Social Security information is also the responsibility of the player. Social Security information must be provided before the players are given their bankroll card. 18. JUDGING AND DISPUTES: The management of The Los Angeles Turf Club, Inc. reserves the right to interpret all questions and conditions in regard to this event, without claim for damages or recourse of any kind. The management of The Los Angeles Turf Club, Inc. with those decisions to be final will decide all questions and definitions not covered explicitly in these rules. If for any reason there is a cancellation in racing on Saturday, January 6, 2018 the contest will be based on the races completed during the event. If the cancelation takes place prior to the first race, the contest will be cancelled and all entry fees will be refunded. Santa Anita contest officials will make an announcement and all decisions are final. Anyone found to have engaged in or attempted to engage in any act that Tournament officials believe in their sole and absolute discretion compromises or could compromise the competitive integrity of this contest, including collusion, will be subject to sanctions imposed by Santa Anita Park management. The nature and extent of the sanctions imposed shall be in the sole and absolute discretion of Santa Anita Park management and may include, but shall not be limited to, the following: Disqualification from the contest Loss of privilege to participate in future Santa Anita Handicapping Contests