This weekend is a massive one for horse racing punters and to celebrate TopBetta are hosting their biggest ever tournament that has a massive $250,000 prize pool up for grabs in The Championship Tournament!
It is the largest ever guarantee for first place on TopBetta with the winner walking away with at least $100,000!
The tournament will be held over two days, Day 1 of the tournament will be this Saturday April 2nd and it will continue on Saturday April 9th, with all remaining balances after the first day of racing carried over onto Day 2.
There is a maximum of three rebuys on the first Saturday whilst you can have two more rebuys on the final day of the tournament.
The entry fee into the tournament is $1,100 but TopBetta encourages punters to form together with a few mates to make up the buy-in if that amount is too much for just one person.
If ten mates join together they could enter the tournament for $110 each and they could potentially make nearly $10,000 each!
Each competitor will start with $10,000 in BettaBucks and this amount is used to place bets on each race throughout the two days in an attempt to finish as high up the leaderboard as possible.
The races available to bet on are only in Sydney and Melbourne on both days and the $10,000 BettaBucks that you start with must be turned over at least once on both days.
There are different types of strategies that can be used to put you in a great position to claim the top prize.
With the buy-in amount being quite large – a common strategy used by punters is to make smaller bets on the safer side and continue to grow their BettaBucks throughout the two-day tournament.
To ensure each participant has the ability to adjust their strategy appropriately throughout the tournament they will be able to check in on the live leaderboard that is updated at the end of each race and shows the placing and amount of BettaBucks everyone has.
This adds to the excitement as the leader will need to decide whether he holds on to the amount he has or continues to bet to grow his bankroll whilst other competitors have the opportunity to risk it all in an attempt to rise to the top.
At this stage there are just over 100 entrants in the tournament so there could be an overlay, giving more value to compete.
TopBetta's Jake Henson conveyed his excitement for the massive tournament for punters but hints that there are even bigger things to come in the future.
"We are super excited about the $250,000 Tournament. The space was crying out for some innovation and hopefully this is a stepping stone for what should be an enormous Spring with Guaranteed Prize Pools that will drawrf even this one!"
Henson also gave a couple of tips for this weekend.
"Tarzino looks awfully hard to beat in the Derby and I think Chautauqua is drawn to beat Exosphere in the TJ Smith. I like Turn Me Loose to place in the Doncaster as one of my best bets," he said.
"The $100,000 first prize will be life changing for one lucky punter," said Henson.
To enter The Championship Tournament, sign up with TopBetta and you will have the chance of winning at least $100,000!
Make sure to read full terms and conditions of any website before participating.
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Take note: Everything in this article is simply the author’s opinion, so always gamble responsibly. Also be sure to check out the Before You Bet Twitter Page for all our thoughts in the lead up to bets! Happy punting!