OFFICIAL RULES: THE 2018 SANTA ANITA PREAKNESS CHALLENGE, PRESENTED BY WHT ENTERPRISES, LLC

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OFFICIAL RULES: THE 2018 SANTA ANITA PREAKNESS CHALLENGE, PRESENTED BY WHT ENTERPRISES, LLC CONTEST DATES: Saturday, May 19 Sunday, May 20, 2018 CONTEST LOCATION: Santa Anita Park, 285 W. Huntington Dr., Arcadia, CA, 91007 BUY-IN: First Entry: $5,000 (100% to Bankroll, NO ENTRY FEE) Re-Entry: $6,000 ($5,000 Bankroll, $1,000 to Prize Pool). See Item 8 for re-entry rules. CONTEST QUALIFIERS: Available online at https://tournaments.drf.com/home/tournaments/all (See Item 3). 1. PLAYER S BANKROLL: This is a real money handicapping contest with players competing with live money wagering cards. This contest requires a $5,000 buy-in for a player s initial entry. Of the $5,000, 100% will be allocated to the player s bankroll (no entry fees). Each entry will receive an official contest wagering card that has a balance of $5,000. 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 purchase an entry, or a re-entry, is no later than 30 minutes prior to the start of Santa Anita Park s fifth-to-last race on Saturday, May 19, 2018. Participants may enter by phone, online, by mail, or the day-of (walk-up entry) at the Eddie Logan Suite located at the eastern end of the Club House. Accepted payment methods for entries are check, credit card, and/or cash. Personal checks will not be accepted after Monday, May 14, 2018. There is a maximum of one (1) entry per person, at a time. Every player will have the option to purchase a maximum of one (1) re-entry (re-buy) into the contest on Saturday, May 19, 2018 (See Item 8 for complete rules on purchasing a re-entry).

Phone Entries: To enter by phone, please contact (626) 574-6384 and inquire about the 2018 Santa Anita Preakness Challenge on Saturday, May 19, 2018. Online Entries: Players may enter online by submitting their contact information at: www.santaanita.com/contests. Mail-In Entries: To enter the contest by mail send a check payable to Los Angeles Turf Club for $5,000. 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, May 14, 2018. Only cash or credit cards will be accepted for the purchase of entries and re-entries during the week of the tournament. Players can pay with a credit card via Santa Anita s website at www.santaanita.com/contests. Walk-Up Entries: Walk-up entries are accepted at the Eddie Logan Suite the day of the contest. The Eddie Logan Suite is located on the eastern end of the Club House, located above the Club House turn. Cash and credit card payments will be accepted. Participants must provide a valid government issued ID to a contest official. Walk-up entries will be accepted no later than 30 minutes prior to the start of Santa Anita Park s fifth-to-last race on Saturday, May 19, 2018. 3. PRE-CONTEST QUALIFIERS: Players may win a full entry ($5,000 value) into the 2018 Santa Anita Preakness Challenge through qualifying contests offered exclusively online at tournaments.drf.com. For qualifying contest dates, rules, and prize information, please visit https://tournaments.drf.com/home/tournaments/all. 4. FORMAT ON DAY 1 (SATURDAY, MAY 19, 2018): Day 1 of the contest will be on Saturday, May 19, 2018. Eligible contest races will include all live races from Santa Anita Park and three (3) select stakes races from Pimlico Racecourse, on Saturday, May 19, 2018. The three (3) stakes races from Pimlico Racecourse will include the 2018 Preakness Stakes and two (2) stakes races that are TBD (these stakes races will be announced on Thursday, May 17, 2018).

5. WAGER FORMAT ON DAY 1 (SATURDAY, MAY 19, 2018): Permitted wagers on Saturday, May 19, 2018 will include Win, Place, Show, Exacta, Trifecta, and Daily Double. No Superfecta, Super High 5, Pick 3, Pick 4, Pick 5 or Pick 6 wagers will be permitted in the contest. 6. REQUIRED BETTING MINIMUMS ON DAY 1 (SATURDAY, MAY 19, 2018): On Saturday, May 19, 2018, each entry must wager on five (5) contest races, wagering a minimum of $1,000, per race. This means each entry must wager a minimum of $1,000 on at least five (5) eligible contest races (See Item 4 for information on eligible contest races). There are no maximums on the amount a player may wager. Players may wager winnings from their bankroll, whenever they wish. It is the player s responsibility to meet the wagering requirements listed above. If a player fails to reach the wagering minimums or places a wager on their official contest card other than Win, Place, Show, Exacta, Trifecta, or Daily Double on an eligible contest race, that entry can be disqualified from the contest. Contest officials will make all decisions on disqualification from the contest in the event of a rule violation and all decisions are final. In the event of a disqualification, the remaining bankroll on the player s wagering card remains the property of the player. Players who do not meet the minimum wagering requirements ($5,000) for the contest will be charged a hospitality fee of $250 to cover event tickets, food, and beverage charges. 7. DAY 2 QUALIFICATIONS (SUNDAY, MAY 20, 2018) After the results of the final contest race on Saturday, May 19, 2018 are declared official, the players with the eight (8) largest bankrolls in the contest standings will advance to the Final Table on Day 2 of the 2018 Santa Anita Preakness Challenge on Sunday, May 20, 2018. Players whose bankrolls do not finish in the first eight (8) places in the contest standings will be able to cash out their contest cards after the results of the last contest race on Saturday, May 19, 2018 have been declared official. 8. PURCHASING A RE-ENTRY All players may purchase a maximum of one (1) re-entry into the 2018 Santa Anita Preakness Challenge on Saturday, May 19, 2018. The re-entry will cost $6,000, with $5,000 being applied to a new official contest card for the purpose of the participant s bankroll, and the remaining $1,000 being added to the contest prize pool. Re-entries may only be purchased when a player s current bankroll reaches $2, or less. Once a re-entry is purchased, the player s first contest card will be removed from the contest, meaning any wagers placed after the purchase of the re-entry on the player s first contest card will not be counted toward the player s contest bankroll. A re-entry will be considered a new entry, and therefore, a player will be required to bet the Day 1 required minimums, as explained in Item 6, with their re-entry bankroll.

9. FORMAT FOR DAY 2 (SUNDAY, MAY 20, 2018): The players with the top eight (8) largest bankrolls after Saturday, May 19, 2018 will compete at the Final Table at Santa Anita Park on Sunday, May 20, 2018. These eight (8) players will compete on Sunday, May 20, 2018 with a mythical bankroll equal to their respective totals after the final contest race on Saturday, May 19, 2018. For example, if Player A finishes with a bankroll of $10,000 on Saturday, May 19, 2018 and qualifies to compete at the Final Table, Player A will begin Day 2 on Sunday, May 20, 2018 with a mythical bankroll of $10,000. On Day 2 of the contest, all players at the Final Table may only place one (1) mythical Win wager on a maximum of one (1) horse per each live race carded for Santa Anita Park on Sunday, May 20, 2018. 10. WAGER FORMAT ON DAY 2 (SUNDAY, MAY 20, 2018): The eight (8) players who make the Final Table on Sunday, May 20 will place mythical one horse Win wagers on Santa Anita s races. The required minimum amount to bet for each race on Sunday, May 20, 2018 will increase as the race card proceeds. Starting on Race 1 on Sunday, May 20, 2018 the minimum mythical one horse Win bet will be $1,000, with the minimum amount increasing $500 each subsequent race. A player may bet more than the required minimum on a race, so long as their bankroll permits. When the value of a player s bankroll is less than the next required bet minimum for a race, that player will be eliminated from the contest. To continue participating at the Final Table, a player s current bankroll must be equal to, or more than, the required bet minimum for the next contest race. 11. DAY 2 SCRATCHES & ALTERNATE SELECTIONS (SUNDAY, MAY 20, 2018) Each player competing at the Final Table on Sunday, May 20, 2018 will have the option of declaring an alternate one horse Win wager that will be used only in the event that their preferred horse is scratched from the race, or declared a non-starter. In which case, that contestant s alternate selection will become their selection for that race. Players may declare their alternate one horse Win wagers on every race that they are competing in on Sunday, May 20, 2018. Players can make the alternate one horse Win wager for a different amount than their preferred one horse Win wager. In the event that a player does not declare an alternate one horse Win wager, and the horse that the player used in their preferred Win wager is scratched from the race, or declared a non-starter, a default Win bet will be placed, on behalf of the player, on the post-time favorite as determined by the final win odds at the required wager minimum. 12. DAY 2 WAGERING & PARTICIPATION: The 2018 Santa Anita Preakness Challenge will be the subject of a future television series about handicapping horse races. In order to compete, all players must agree to reasonable requests from the production crew. These requests may include being filmed, wearing a microphone, being temporarily relocated and consenting to various interviews on Saturday, May 19, 2018 and Sunday, May 20, 2018. Failure to meet the above stated publicity requirement, as determined at the sole discretion of WHT Enterprises, LLC, will result in disqualification from the contest.

Players must follow a special two-step betting procedure on Sunday, May 20, 2018. Step 1 involves each player giving their mythical wager information to a television producer off-camera. Step 2 requires the player to then approach the wagering window to reiterate the same mythical wager to a simulated mutuel clerk while on camera. The off-camera mythical wager will be a written statement including the amount bet and the horse number along with a confirming signature from each respective player. Players allow the television producers final say on wardrobe matters, especially when it comes to logos. Players may not advertise competitors of Daily Racing Form and/or Santa Anita Park/The Stronach Group. 13. PRIZES Prizes for the contestants at the Final Table on Sunday, May 20, 2018 will include: 1. One (1) entry into the 2019 Pegasus World Cup Betting Championship (PWCBC) 2. Two (2) entries into the 2019 National Horseplayers Championship (NHC), hotel and airfare to Las Vegas included. 3. $126,000 guaranteed Cash Prize pool to the top seven (7) finishers All prizes listed above are guaranteed no matter the total number of contestants. Entry Prizes: 1 st Place: One (1) Entry into the 2019 Pegasus World Cup Betting Championship 2 nd Place: One (1) Entry into the 2019 National Horseplayers Championship 3 rd Place: One (1) Entry into the 2019 National Horseplayers Championship PEGASUS WORLD CUP BETTING CHAMPIONSHIP ENTRY: The 2019 Pegasus World Cup Betting Championship (PWCBC) will be held Friday, January 25 and Saturday, January 26, 2019. The player that wins the entry into the 2019 PWCBC will have a choice to compete in the 2019 PWCBC at either 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 2019 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 25 and Saturday, January 26, 2019. NHC ENTRIES: Each prize entry into the National Horseplayers Championship (NHC) will be valid for 2019. Players will be eligible to win one NHC spot, per person in this contest. Depending on a particular situation, Los Angeles Turf Club Inc. (in cooperation with the NTRA) may assign an alternate qualifier. In the event a participant that is already dual qualified for the 2019 NHC (as of May 20, 2018) finishes in a position that receives a 2019 NHC spot as a prize, that player will receive a $3,500 cash prize AND the 2019 NHC spot will be awarded to the next highest eligible finishing position.

NHC TOUR POINTS: NHC Tour points will be awarded in this contest. CASH PRIZES Cash prizes will be awarded to the top seven (7) players following the final contest race on Sunday, May 20, 2018. The minimum cash prize pool is $126,000. The total cash prize pool may increase with the inclusion of prize pool funds from re-entries purchased on Saturday, May 19, 2018 (See Item 8). The final cash prize pool will be announced following the last contest race on Saturday, May 19, 2018. The guaranteed $126,000 cash pool for the Final Table will be allocated as such: 1 st Place (55.56% of Pool): $70,000 (Plus, One 2019 Pegasus World Cup Betting Championship Entry) 2 nd Place (19.84% of Pool): $25,000 (Plus, One 2019 National Horseplayers Championship Entry) 3 rd Place (11.90% of Pool): $15,000 (Plus, One 2019 National Horseplayers Championship Entry) 4 th Place (5.95% of Pool): $7,500 5 th Place (3.97% of Pool): $5,000 6 th Place (1.98% of Pool): $2,500 7 th Place (.79% of Pool): $1,000 8 th Place (0% of Pool): $0 Total $126,000 Allocation of Re-Entry Prize Pool Funds: As described above in Item 8, $1,000 from every purchased re-entry on Saturday, May 19, 2018, will be added to the $126,000 guaranteed cash prize pool for the Final Table on May 20, 2018. Each $1,000 contribution from a re-entry will be allocated using the same percentage structure listed above. The allocation of each $1,000 re-entry fund to the Final Table cash prize pool will be allocated as such: 55.56% to 1 st Place: $555.56 19.84% to 2 nd Place: $198.41 11.90% to 3 rd Place: $119.05 5.95% to 4 th Place: $59.52 3.97% to 5 th Place: $39.68 1.98% to 6 th Place: $19.84.79% to 7 th Place: $7.94 0% to 8 th Place: $0.00 TOTAL $1,000 14. TRACKING OF NON-CONTEST WAGERING In addition to an official contest card, all contestants will receive an official Santa Anita Park rewards card to be used to track each contestant s non-contest wagers from Friday, May 18 Sunday, May 20, 2018. The purpose of this is to reward the players that record the most handle on-track from Friday, May 18 Sunday, May 20, 2018. There will be two cash prize pools available for each contestant to compete for: the Friday Early Bird Big Handle prize pool and the Saturday/Sunday Big Handle prize pool. Participation in the Early Bird Big Handle and the Saturday/Sunday Big Handle contests is optional, and is not mandatory in order to compete in the 2018 Santa Anita Preakness Handicapping Challenge. Wagers placed on the Santa Anita Park rewards card will only be considered for the purposes of the Early Bird Big

Handle and the Saturday/Sunday Big handle prize pools. Wagers placed on a participant s Santa Anita rewards card will not be valid for the 2018 Santa Anita Preakness Challenge, nor will they be considered for purposes of contest standings in the 2018 Santa Anita Preakness Challenge. 15. THE EARLY BIRD BIG HANDLE PRIZE POOL On Friday, May 18, 2018, contestants may use their Santa Anita Park rewards card to record their noncontest wagers. The top five (5) players that record the most total handle (in terms of cash value) on their Santa Anita Park rewards card on Friday, May 18, 2018 will be eligible for an Early Bird cash prize. The ranking will place the contestant with the largest total amount wagered on Friday, May 18, 2018 in first place, with the next largest amount wagered in second place, until all handle is ranked from largest to smallest. The following cash prizes will be awarded to the top five (5) contestants: FRIDAY EARLY BIRD CASH PRIZE POOL 1 st Place: $2,500 2 nd Place: $1,500 3 rd Place: $750 4 th Place: $500 5 th Place: $250 TOTAL $5,500 16. SATURDAY/SUNDAY BIG HANDLE PRIZE POOL In addition to the Early Bird Big Handle cash prize pool, players will be able to compete for the Saturday/Sunday Big Handle cash prize pool. The Saturday/Sunday Big Handle cash prize pool will rank the total amount each contestant has wagered in live contest handle and non-contest wagers on their Santa Anita Park rewards card on both Saturday, May 19, 2018 and Sunday, May 20, 2018. Mythical wagers by the eight (8) final table participants will not be counted towards each player s respective wagering totals. The ranking will place the contestant with the largest total combined amount wagered on Saturday, May 19, 2018 and Sunday, May 20, 2018 in first place, with the next largest amount wagered in second place, until all handle is ranked from largest to smallest. The following cash prizes will be awarded to the top ten (10) contestants: 1 st Place: $10,000 2 nd Place: $5,000 3 rd Place: $2,500 4 th Place: $1,500 5 th Place: $1,000 6 th Place: $500 7 th Place: $500 8 th Place: $500 9 th Place: $500 10 th Place: $500 TOTAL $22,500

17. PRIZE POOL FUNDING The $126,000 cash prize pool for the 2018 Santa Anita Preakness Challenge, the $22,500 cash prize pool for the Saturday/Sunday Big Handle contest, and the $5,500 cash prize pool for the Early Bird Big Handle contest will each be paid entirely by WHT Enterprises, LLC. Money from contestants will only be contributed into the 2018 Santa Anita Preakness Challenge cash prize pool from each re-entry that is purchased, in which case $1,000 from each re-entry purchased will go toward the total cash prize pool (See Item 12). Checks for the cash prizes will be sent to each respective winner within two weeks of the end of the contest. 18. CHECK-IN ON CONTEST DAY Participants must check-in at the Eddie Logan Suite, located at Santa Anita Park, on the eastern end of the Club House. For assistance finding the Eddie Logan Suite, please call (626) 574-6384. 19. PLAYER CARDS Each contestant will be issued two (2) cards upon check-in. One card will be the contestant s official contest card for the 2018 Santa Anita Preakness Challenge, the other card will be a Santa Anita rewards card. The Official Contest Card: The official contest card for the 2018 Santa Anita Preakness Challenge will contain the real money bankroll of $5,000. If a player loses his/her card, or the card is not working, the player should immediately report to the Eddie Logan Suite or a contest official to receive a new card. Santa Anita Park/Los Angeles Turf Club Inc./WHT Enterprises, LLC are not responsible for any races missed due to a malfunctioning or lost card. In the event that a player purchases a re-entry into the 2018 Santa Anita Preakness Challenge on Saturday, May 19, 2018, that player will receive a new official contest card that will contain the real money bankroll of $5,000. Once a player has purchased a re-entry, their original contest card will no longer be valid for the contest. The Player Rewards Card: The Santa Anita player rewards card will be used to track a player s non-contest wagers made at Santa Anita Park Friday, May 18 Sunday, May 20, 2018. A player must swipe their rewards card prior to each wager that they place at a self-service machine located at Santa Anita Park or swipe the rewards card at the window of a mutuel teller prior to making any non-contest wager. Wagers placed without swiping the Santa Anita Player rewards card will not be added to a contestant s handle figures for consideration in either of the Big Handle prizes. Participation in the Early Bird Big Handle and the Saturday/Sunday Big Handle contests is optional, and is not mandatory in order to compete in the 2018 Santa Anita Preakness Handicapping Challenge.

20. PLACING WAGERS: Saturday, May 19, 2018: In regard to the 2018 Santa Anita Preakness Challenge, all contest wagers on Saturday, May 19, 2018 must be placed with the official contest card through self-service wagering machines. Players will not be able to make contest wagers through a live mutuel teller. Sunday, May 20, 2018: On Sunday, May 20, 2018, contest players must follow a two-step betting procedure. Step 1 involves each player giving their mythical wager information to a television producer off-camera. Step 2 requires the player to then approach the wagering window to reiterate the same mythical wager to a simulated mutuel teller, while on camera. The off-camera mythical wager will be a written statement including the amount bet and the horse number along with a confirming signature from each respective contestant. On both contest days, players must place all contest wagers themselves. No person shall directly, nor indirectly, act as an intermediary, transmitter, or agent in placing wagers for the player, unless authorized by contest officials. All official track rulings will apply to wagers placed in the contest except as otherwise stipulated. The contest will be based on the official placement and mutuel prices at Santa Anita Park and/or Pimlico Racecourse. Players must carry their IDs with them to make contest bets. WHT Enterprises, LLC reserves the right to check IDs to make sure that contest wagers are only being made by the person with the entry in the contest. If a player wagers on a track other than Santa Anita Park or the eligible Pimlico races for purposes of the 2018 Santa Anita Preakness Challenge, the player may be disqualified and any winnings will not count for contest standings. 21. ADVANCE WAGERING: Advance wagering will not be permitted unless prior approval has been obtained by a contest 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, they must contact a contest official. The contest 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 the contest officials. 22. 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, May 19, 2018 is declared official. Should the player cash out his/her card before the last live race at Santa Anita is declared official, that player s entry can be disqualified from any prizes. 23. IRS WITHHOLDING: Per the tax rules by the U.S. Treasury Department and the Internal Revenue Service.

24. NON-RESIDENTS OF CALIFORNIA: California Revenue and Taxation Code (R&TC) Section 18662 and the related regulations require withholding of California income or franchise taxes from payments and distributions made to nonresidents on California source income. This includes prizes and winnings received by nonresidents for contests in California. When the total payments or distributions of California source income to the nonresident is greater than $1,500 for the calendar year, Santa Anita Park is required to withhold and remit to the Franchise Board at the current withholding rate (7%). Note certain exemptions apply, most notable being a California resident. This section is intended for informational purposes and should not be relied upon as professional tax guidance. Individuals are encouraged to seek professional tax service for further information and guidance. 25. TIES Ties on Saturday, May 19, 2018: In a result of a tie between any of the top ten (10) finishing positions on Saturday, May 19, 2018, the player with the largest dollar amount in total wagers will be declared the winner of the tie and awarded the higher placing. If each player finished with the same final bankroll and wagered the same total dollar amounts, a coin flip will be conducted to determine which player will be awarded the higher placing. Ties on Sunday, May 20, 2018: On Sunday, May 20, 2018, if more than one player is eliminated from the contest on the same race, the player with the higher final standing will be the one who wagered the largest dollar amount on the race where the players were eliminated. If more than one player wagered the exact same amount and each of them is eliminated on the same race, the higher standing will go to the player who has wagered the most money over the course of the two contest days on their official contest card and mythical wagers (wagers placed on a non-contest card will not be considered for this tiebreaker). 26. CONTEST STANDINGS: Current standings will be posted after every race, or as soon as the information is available. Standings for Saturday, May 19, 2018 will be posted on a dedicated in-house TV monitor. The Final Table standings on Sunday, May 20, 2018, will be updated after each race and displayed in the room where the Final Table is located. Standings will appear on a dedicated in-house TV channel. Please inquire at the registration desk for the channel number. 27. NHC TOUR MEMBERSHIP REQUIRED TO PARTICIPATE IN THE NHC: As required by the NTRA rules: All contest participants must be members of the NHC Tour prior to the start the contest in order to participate in the NHC in Las Vegas. Contest participants may register for the NHC Tour at https://www.ntra.com/membership/. NHC Tour members must be at least 21 years of age to participate in the NHC in Las Vegas. If a Tour member is already double-qualified, he or she will be playing for Tour points only.

28. ELIGIBILITY / DISCLOSURE: The following are ineligible to participate in this contest: Employees of Santa Anita Park, The Stronach Group, TSG Developments Investments, Inc., or any of their subsidiaries, employees of AmTote, and NHC Contest Officials. If a player has an ownership or other interest in any horses running in any of the contest races or holds a pari-mutuel license in any jurisdiction, then all involvements and licenses must be fully disclosed to Santa Anita Park contest officials prior to the start of the contest. Failure to disclose any ownership interest or license can result in disqualification. Trainers, owners, or any player with another interest can bet that race, but must bet their horse to Win in a WPS pool wager or ON TOP ONLY when wagering in the Exacta or Trifecta on Saturday, May 19, 2018 and to Win on Sunday, May 20, 2018. 29. TAXES: Liability for any and all federal, state, and local taxes is solely the responsibility of prize winners. 30. AFFIDAVITS: Affidavits confirming compliance of all the rules of this contest will be required of all participants. All prize winners acknowledge 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 The Stronach Group/WHT Enterprises, LLC. Positive identification is required of all prize winners. Positive identification is a valid 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 cards. Contestants also consent to the use of their names, pictures and video images to be used by The Stronach Group/WHT Enterprises, LLC. 31. JUDGING AND DISPUTES: The management of Santa Anita Park/WHT Enterprises, LLC 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 Santa Anita Park/WHT Enterprises, LLC 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, May 19, 2018 and/or on Sunday, May 20, 2018, the contest may be based on the races completed during the event or substitute races may be assigned by Santa Anita Park/WHT Enterprises, LLC.

32. COLLUSION: o o o o Entries are limited to one live or active entry per person. If a player chooses to re-buy, the original entry will be void for contest purposes. Within a week of the conclusion of the contest, all plays will be made public. Beards players whose entries are controlled by another player are expressly forbidden under WHT Enterprises, LLC rules. All participants are subject to pre-interview and may be excluded at the sole discretion of WHT Enterprises, LLC if they are suspected of being beards. A detailed player memo with examples of collusion that result in disqualification will be provided to all contest participants. Players are expected to play each entry separately and not coordinate play with other participants in the contest. Anyone found to have engaged in or attempted to engage in any act that contest officials believe in their sole and absolute discretion compromises or could compromise the competitive integrity of this contest will be subject to sanctions imposed by the management of Santa Anita Park/WHT Enterprises, LLC. The nature and extent of the sanctions imposed shall be in the sole and absolute discretion of Santa Anita Park/WHT Enterprises, LLC management and may include, but shall not be limited to, the following: Forfeiture of prize money Disqualification from the contest Loss of privilege to participate in future Santa Anita Park/The Stronach Group/WHT Enterprises, LLC handicapping contests 33. DISQUALIFICATIONS & ALTERNATE PLAYERS In the event of a disqualification from the contest, the disqualified player will be removed from the official standings and all qualified players ranked below the disqualified player in the official standings will move up one standing. The ninth and tenth place finishers in the official standings after the final race on Saturday, May 19, 2018 has been declared official will be considered alternates and could be used at the Final Table in the event of a disqualification prior to the start of the first race at Santa Anita on Sunday, May 20, 2018.