Handicapping Tournament Based on Players' ROI

The contest offered by BetPTC.com runs from Aug. 4-Dec. 29.

A handicapping tournament based on players' return on investment--not how much they wager--will be offered by BetPTC.com beginning Aug. 4.

The inaugural "Cash is King" handicapping contest offered through Premier Turf Club, a pari-mutuel wagering service, was held in June. The winner, Vermont veterinarian Bill Mentes, won a trip for two to the 2012 Breeders' Cup at Santa Anita Park, and cash prizes were awarded to the top four finishers.

"It doesn't matter if you are a big bettor or a small bettor," BetPTC.com general manager Todd Bowker said. "Everyone has an equal chance to win the prizes (in the contest)."

Prize money for the second tournament has been increased to $5,000. The tournament director is Rich Nilsen, who created the first-ever online qualifier for the National Handicapping Championship in 1999 at Brisnet.com, and who managed the online tournaments at TwinSpires.com for several years.

"There are no mandatory tracks, and no specific bets required," Nilsen said. "You can play your favorite tracks and make your favorite wagers, all using a bankroll that fits your budget. There is no entry fee, and since it's a real-money contest, in addition to any prizes you keep whatever you win."

The contest runs on Saturdays from Aug. 4-Dec. 29.