$50,000 BEAT THE HOST
ONLINE HANDICAPPING TOURNAMENT

OFFICIAL RULES

The Tournament:

$50,000 Beat The Host Online Handicapping Tournament is a competition in which any competitor whose total mutuel payoffs (based on single $5 win wagers in eight (8) mandatory races) exceeds the host's total mutuel payoffs (based on $5 win wagers in the identical 8 mandatory races) in any of nine weekly competitions (Jan. 2, 9, 16, 23, 30 Feb. 6, 13, 20, 27, 2010), will earn a seat in the Beat the Host Championship to be held on Saturday, March 13, 2010. Additionally, the highest-ranked competitors each week are eligible for $1,500 in total weekly prizes.

• Players must register for the competition online at DelMarBets.com, OakTreeBets.com or XpressBet.com. Players need to register only once to be eligible to compete in all subsequent weeks. To register, you must provide your account number, name, email address (twice) and telephone number.

• There are no entry or registration fees.

• Each time they choose to play competitors must make a single $5 ‘live’ win wager on one horse in each of eight (8) mandatory competition races. A total of $40 in ‘live’ competition wagers. Player Accounts will be credited with winnings for all competition wagers and debited for all losing wagers.

• Track and mandatory race information will be available online at the above web sites each Friday after 5:00 pm Eastern Time.

• Only online wagers on the selected tracks and races, which are submitted by using the Contest Wager Pad, are eligible for competition. Wagers placed using the traditional non-Contest Wager Pad or Wagers placed by telephone do not qualify.

• Players may compete each week in the Qualifying Round but may win only one seat in the Championship Round. Players may earn multiple cash prizes in the Qualifying Round.

• Players must exceed the Host’s cumulative mutuel payoff total in at least one of nine weekly handicapping competitions in order to qualify for the Championship Round of the Tournament (“Championship Round”).

• For Tournament scoring purposes in both Beat the Host Qualifying and Championship Rounds, mutuel payoffs on winning selections will be capped at 20-1 ($105).

• SWEEP THE HOST BONUS--Players that Beat the Host in all nine (9) weekly qualifying rounds are eligible for an additional Sweep the Host Bonus prizes. If one (1) player Beats the Host in all nine (9) weeks, that player will receive a qualifying seat in the Daily Racing Form/NTRA National Handicapping Championship. If two (2) or more players beat the host's total in all nine (9) weeks, a $5,000 prize will be divided between them equally. If no player beats the host in all nine weeks, a $2,000 consolation prize will be awarded to the last of such players to lose to the host in a weekly competition. If two or more such players are the last to lose to the host, they will equally divide $2,000.

• Every player that Beats the Host will earn one seat in the Championship Round.

• If no player exceeds the host’s total in any weekly competition, no player will earn seats in the Championship Round and no cash prizes will be awarded.

• All ties go to the host. Players that tie the host based on cumulative payoffs will not earn seats in the championship round and will not win weekly prizes based on cumulative earnings.

• Competitors in the Championship Round must make a single $5 ‘live’ win wager on one horse in each of the eight (8) mandatory races ($40 total). Track and race information for wagering in the Championship Round will be available online Friday, March 12, 2010 after 5:00 pm Eastern Time.

• Only online wagers on mandatory tracks and races which are submitted as competition wagers (by entering competition wagers via the Contest Wager pad) are eligible for competition. Wagers placed via the usual Non-Contest Wager Pad do not qualify. Wagers placed by telephone do not qualify.

To Enter:

Participants must register for the Tournament by following instructions on the following websites: DelMarBets.com, OakTreeBets.com, and XpressBet.com. Participants must have an account in good standing. One (1) account per person. One (1) registration per person.

Registered entrants must place a single $5.00 ‘live’ win wager online, on one (1) horse in eight (8) mandatory races identified at each website in each week they compete. Registered entrants must use their online wagering accounts to place wagers in order for the wagers to be eligible. Wagers must be submitted via the Special Contest Wager Pad only to be eligible. Wagers submitted via the usual, Non-Contest wager pad will not count in the competition.

Wagers on scratched horses earn zero in the competition. If a player notices that his horse is scratched in a particular race he may submit a $5 win wager on another horse in that race before wagering closes for that particular race. Player must use the Special Contest Wager Pad to submit all tournament plays including replacement plays for scratched horses. Once a late scratch is processed by tote the Special Contest Wager Pad will be available for submission of replacement wagers on scratched horses.

DO NOT CANCEL CONTEST WAGERS. THIS WILL RESULT IN DISQUALIFICATION FROM WEEKLY COMPETITION.

In the Championship Round (March 13, 2010) qualifiers must place a single $5.00 ‘live’ win wager online, on one (1) horse in each of eight (8) mandatory races identified on the website beginning on Friday, March 12, 2010. Entrants must use their online wagering accounts and place wagers by using the Special Contest Wager Pad for the wagers to be eligible. Wagers submitted without using the Contest Wager Pad will not count in the competition.

Entries must be made in accordance with these Official Rules; any other attempted form of entry will NOT be accepted. Any use of robotic, automatic, macro, programmed or like call-in or registration entry or wager methods will void all such entries by such methods, and result in disqualification of any entrant using such methods.

Participants are only eligible to win one (1) placement in the Championship Round but are eligible to win multiple cash prizes during the qualifying round.

Qualifying Round Dates:

Saturday, January 2, 2010

Saturday, January 9, 2010

Saturday, January 16, 2010

Saturday, January 23, 2010

Saturday, January 30, 2010

Saturday, February 6, 2010

Saturday, February 13, 2010

Saturday, February 20, 2010

Saturday, February 27, 2010

Results for each round will be posted, and winners notified by 5:00 pm Eastern Time each Monday following the Qualifying Round Date. Prizes will be awarded as soon as winner qualification is verified.

Championship Round Date:

Saturday, March 13, 2010

Results for the Championship Round will be posted, and winners notified by 5:00 pm Eastern Time Monday, March 15, 2010. Prizes will be awarded as soon as winner qualification is verified.

Legal and Eligibility:

Beat The Host Online Handicapping Tournament ("Tournament") is offered only in the United States (where legal) and is open only to legal U.S. residents (of such jurisdictions where Tournament is lawfully offered), 21 years or older as of January 2, 2010 Employees, officers and directors (and their immediate families [parents, children, spouses and siblings] regardless of where they live and members of their same households [whether related or not]) of XpressBet LLC, its parent, subsidiaries, affiliates and agencies; and entities engaged in the development, distribution, implementation or administration of the Tournament are not eligible to enter. VOID WHERE PROHIBITED BY LAW.

YOU MUST HAVE AN OPEN, VALID DELMARBETS, OAKTREEBETS OR XPRESSBET ACCOUNT IN ORDER TO REGISTER FOR THE TOURNAMENT. PERSONS WITH ACCOUNTS THAT ARE CLOSED (UPON THEIR OWN REQUEST) OR WITH ACCOUNTS THAT HAVE BEEN LOCKED (BECAUSE ACCOUNT IS NOT IN GOOD STANDING) ARE NOT ELIGIBLE TO REGISTER FOR THE TOURNAMENT, UNLESS THEY RE-OPEN ACCOUNT IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF USE.

YOU MUST HAVE SUFFICIENT FUNDS IN YOUR WAGERING ACCOUNT TO MAKE THE WAGERS REQUIRED BY THE TOURNAMENT. FOR INFORMATION ON HOW TO FUND YOUR ACCOUNT, PLEASE FOLLOW INSTRUCTIONS POSTEDAT THE ABOVE WEBSITES. OPERATORS ARE NOT RESPONSIBLE FOR ANY DIFFICULTIES THAT MAY ARISE IN FUNDING YOUR ACCOUNT OR HAVING THESE FUNDS AVAILABLE FOR WAGERING DURING THE TOURNAMENT.

These are the official rules. This Tournament is subject to all applicable Federal and State law. These rules are subject to change without notice in order to comply with any applicable Federal and State laws

To Establish an XpressBet Account:

XpressBet applications are accepted online at www.xpressbet.com; by calling toll-free (866) 889-7737; or in-person at an XpressBet center at any one of the following race tracks: Golden Gate Fields (Berkeley, CA), Santa Anita Park (Arcadia, CA), Thistledown (Cleveland, OH), The Meadows (Meadowlands, PA), Suffolk Downs (East Boston, MA), Pimlico Race Course (Baltimore, MD), Laurel Park (Baltimore, MD). Follow all instructions, first providing your name, complete residential address (including zip code), telephone number, date of birth, social security number, drivers license and drivers license state, email address and mailing address (if different from residential address). You will also be asked if you wish to receive email updates about XpressBet LLC; you may complete and submit the application (and register for the Tournament) without consenting to receive such email updates. If submitting application online, indicate your preference by either retaining or removing the checkmark from the designated box. Then, select a username and password, security question and answer, and PIN and Account password for your XpressBet account. Upon completion of these steps, and valid id check, you will be assigned a unique XpressBet Account Number. As part of the application procedure, you may then also activate your XpressBet account for wagering by depositing funds into the account. The Privacy Policy and Terms and Conditions of Use may be found at www.xpressbet.com by clicking on the appropriate links on the home page and certain other pages of the website.

Once the application procedure has been completed and your XpressBet account has been established, you may register for the Tournament by following instructions located on the homepage of the XpressBet website located at www.xpressbet.com.

To Establish a DelMarBets.com Account:

DelMarBets.com applications are accepted online at www.delmarbets.com; by calling toll-free (800) 235-9470; or in-person at a DelMarBets.com center located on-track at Del Mar. Follow all instructions, first providing your name, complete residential address (including zip code), telephone number, date of birth, social security number, email address and mailing address (if different from residential address). You will also be asked if you wish to receive email updates about DelMarBets.com; you may complete and submit the application (and register for the Tournament) without consenting to receive such email updates. If submitting application online, indicate your preference by either retaining or removing the checkmark from the designated box. Then, select a username and password, security question and answer, and PIN and Account password for your DelMarBets.com account. Upon completion of these steps, and valid id check, you will be assigned a unique DelMarBets.com Account Number. As part of the application procedure, you may then also activate your DelMarBets.com account for wagering by depositing funds into the account. The Privacy Policy and Terms and Conditions of Use may be found at www.delmarbets.com by clicking on the appropriate links on the home page and certain other pages of the website.

Once the application procedure has been completed and your DelMarBets.com account has been established, you may register for the Tournament by following instructions located on the homepage of the DelMarBets.com website located at www.delmarbets.com.

To Establish an OakTreeBets.com Account:

OakTreeBets.com applications are accepted online at www.oaktreebets.com; by calling toll-free (800) 318-1911; or in-person at an OakTreeBets.com center located on-track at Santa Anita. Follow all instructions, first providing your name, complete residential address (including zip code), telephone number, date of birth, social security number, email address and mailing address (if different from residential address). You will also be asked if you wish to receive email updates about OakTreeBets.com; you may complete and submit the application (and register for the Tournament) without consenting to receive such email updates. If submitting application online, indicate your preference by either retaining or removing the checkmark from the designated box. Then, select a username and password, security question and answer, and PIN and Account password for your OakTreeBets.com account. Upon completion of these steps, and valid id check, you will be assigned a unique OakTreeBets.com Account Number. As part of the application procedure, you may then also activate your OakTreeBets.com account for wagering by depositing funds into the account. The Privacy Policy and Terms and Conditions of Use may be found at www.oaktreebets.com by clicking on the appropriate links on the home page and certain other pages of the website.

Once the application procedure has been completed and your OakTreeBets.com account has been established, you may register for the Tournament by following instructions located on the homepage of the OakTreeBets.com website located at www.oaktreebets.com.

Selecting Winner:

The winner of the Tournament will be selected from wagers placed by eligible registrations received during the Tournament period. Winner(s) will be determined solely based upon the total winnings of the eight (8) eligible wagers. Winner (s) will be determined by XpressBet LLC management, whose decisions are final and binding in all respects.

Prizes may not be substituted, transferred or assigned by participants.

Championship Round Tie-Breaking Procedure (March 13, 2010):

First Tie-breaker: The player with the highest winning mutuel payoff of all tied players will be ranked above the others. Ties for this position and for all subsequent positions will be broken in the same manner.

Final Tie-Breaker: If two (2) or more players remain tied after the tie-breaker procedure has been implemented, the final tie-breaker will go to the player who chronologically is the first to ‘Beat the Host’ and to qualify for the Championship Round.

All decisions are final.

Taxes:

Liability for any and all federal, state and local taxes rests solely with the prize winner.

Notification of Winners:

Winners will be notified via one of the following: email, US postal mail or telephone.

Prizes/Odds of Winning:

Qualifying Rounds (Jan. 2, 9, 16, 23, 30 and Feb. 6, 13, 20, 27, 2010):

Prizes for each weekly Saturday competition, will be announced on the following Monday, and will be posted at participating websites by 5:00 pm Eastern Time. Prizes for each weekly qualifying round are:

First - $1,000

Second - $500

Prizes will be in the form of wagering credits deposited to the winners XpressBet wagering account.

Qualifying prizes are not transferable.

Odds of winning are determined by number of eligible entries received for the Tournament.

Sweep the Host Bonus—One seat in the DRF/NTRA National Handicapping Championship.

Championship Round (March 13, 2010):

Prizes will be awarded for the Championship round, and will be posted at participating websites by 5:00 pm Eastern Time on Monday, March 15, 2010. Prizes for the Final Round are:

The top five finishers in the Championship Round will earn seats in the 2011 Daily Racing Form/NTRA National Handicapping Championship in Las Vegas, including $500 for airfare and tournament lodging.

The next two finishers in the Championship Round will earn seats in the 2011 Coast Casino’s Horseplayer World Series in Las Vegas, including $500 for airfare and tournament lodging.

Top twenty-five (25) finishers in the Championship Round based on cumulative mutuel payoffs earn complimentary seats in XpressBet's $50,000 Showdown ($300 value each).

NHC Tour members who finish in the top thirty (30) of the Championship Round will earn NHC Tour points.

Prizes will be in the form of wagering credits deposited to the winners wagering account.

Qualifying prizes are not transferable.

Odds of winning are determined by number of qualified participants in the Final Round.

General Conditions:

In order to be eligible to receive prize, the Prize Winner is obligated, and by entering agrees, to execute an Affidavit of Eligibility, General Release of Liability, Indemnity and Publicity Consent (where legal), which is to be returned to XpressBet within the indicated time period. Non-compliance with this requirement or return of prize notification as undeliverable will result in disqualification and prize forfeiture, with an alternate winner being selected from all remaining eligible entries received for that drawing.

By accepting prize, winner agrees to the use of his or her name, voice, photo, biographical information and/or likeness for promotional/advertising/trade purposes by XpressBet LLC and will be required to participate in such publicity communications as XpressBet LLC requests without further compensation, except where prohibited by law.

Indemnification:

By registering for the Tournament, each entrant (i) agrees to abide by and be bound by these Official Rules and all decisions of XpressBet and the judges, which are final and binding in all respects; and (ii) releases and holds harmless XpressBet LLC, its parent company, affiliates and each of their respective directors, officers, employees and agents from any and all liability for any injuries, loss or damage of any kind to persons, including death, or property damage, resulting in whole or in part, directly or indirectly, from acceptance, possession, use or misuse of any prize, or participation in this Tournament.

Limitations of Liability:

XpressBet LLC assumes no liability for typographical or other errors in the offer or administration of the Tournament including, without limitation, errors in the printing of the offer and official rules, selection, notification and announcement of the winners, or distribution of the prizes. If for any reason Tournament prize seats are not available XpressBet reserves the right to substitute a cash prize of $5,000 for each DRF/NTRA National Handicapping Championship Seat and $3,000 for each Coast Casino HorsePlayer World Series seat. In such cases there will be no cash awards for airfare.

XpressBet LLC, its parent company, affiliates and each of their respective directors, officers, employees and agents shall assume no liability of any kind whatsoever in any cases in which their inability to act results from an event or situation beyond their control, including, but not limited to Acts of God, civil or military authority, acts of public enemy, war, riot, civil disturbance, fire, explosion, earthquake, flood, strike, third party non-performance lockout, labor disturbance, or any other cause beyond the control of a party. In such event, XpressBet LLC reserves the right to modify, suspend, or terminate the Tournament and award the prizes, as set forth in Modification/Suspension/Termination below. No responsibility is assumed by XpressBet LLC for late, lost, misdirected, damaged, incomplete, illegible registration submissions/phone calls/wagers, postage due mail, disconnected, inaudible, interrupted phone calls, any computer, telephone, cable, satellite, network, electronic or Internet hardware or software malfunctions, failures, connections, availability or garbled or jumbled transmissions, service provider/Internet/web site/use net accessibility or availability, traffic congestion or unauthorized human intervention. XpressBet LLC reserves the right, in its sole discretion, to disqualify any individual it finds, in its sole discretion, to be tampering with the entry process or the operation of the Tournament or web site; to be in violation of the Terms and Conditions of Use of the web site, or to be acting in violation of these Official Rules. XpressBet LLC is not responsible for any incorrect or inaccurate information, whether caused by web site users or by any of the equipment or programming associated with or utilized in the Tournament and assumes no responsibility for any error, omission, interruption, deletion, defect, delay in operation or transmission, communications line failure, theft or destruction or unauthorized access to the web site.

Modification/Suspension/Termination:

If, for any reason, the on-line and/or telephone component of the Tournament is not capable of running as planned by reason of, but not limited to, infection by computer virus, worms, bugs, tampering, unauthorized intervention, fraud, technical failures, or any other causes which XpressBet, in its sole opinion, deems could corrupt or affect the administration, security, fairness, integrity or proper conduct of the on-line and/or telephone components of the Tournament, XpressBet reserves the right at its sole discretion to cancel, modify or suspend the on-line and/or telephone components of the Tournament and select the winners for all affected drawing(s) from all eligible deposit entries received by means other than via corrupted component(s) of the Tournament, all eligible wagers entries received via corrupted components of the Tournament prior to and/or after (as appropriate) the action taken by XpressBet and/or call-in entries received for such affected drawing(s) prior to and/or after (as appropriate) the action taken by XpressBet or by some other means determined by XpressBet in its sole discretion to be fair, appropriate and consistent with these Official Rules. In such event, notice will be posted at www.xpressbet.com.

Winners List:

For names of winners, send a self-addressed stamped envelope for receipt by March 19, 2010 to: XpressBet LLC, 200 Race Track Road, Building 26, Washington, PA 15301.

SPONSORED BY: DelMar Bets, OakTree Bets, and XpressBet LLC, 200 Racetrack Road, Building 26, Washington, PA 15301.