This past Saturday Derby Wars hosted its first ever monthly Shootout handicapping contest. The top prize was $10,000 and over $25,000 in cash and future contest entries were awarded. The contest offered 165 spots which could be earned via preliminary contests in the weeks leading up to the Shootout or by buying in for $175.
The $25,000 Shootout followed the traditional online handicapping contest format with one difference. The contest consisted of 15 races from three tracks (Gulfstream, Santa Anita and Tampa Bay) and players were required to select one horse in each race on which a mythical $2 Win and Place bet were made. The one difference and one that was implemented in all handicapping contests hosted by Derby Wars is a lower odds cap. Typically the odds caps are $42 to Win and $22 to Place, but Derby Wars now caps Win bets at $32 and Place bets at $18.
According to the team behind Derby Wars this change was made because of feedback from its players. Personally I like the change because it rewards players that focus on sound handicapping and reduces the luck factor that rewards players that stab at impossible long shots.