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About McKay

President and Founder of HorseTourneys

HorseTourneys Breeders’ Cup Tournament Schedule for 2026

HorseTourneys is pleased to confirm that we will once again offer tournaments on Breeders’ Cup weekend in 2026.

Following extensive discussions with Breeders’ Cup, we were able to reach an agreement that allows HorseTourneys to continue offering contests involving Breeders’ Cup races. As part of that agreement, however, this year’s events will operate under several parameters requested by Breeders’ Cup.

First, all tournaments involving Breeders’ Cup races will be conducted in Pick & Pray format. Players will therefore be required to submit selections for all tournament races prior to the first scheduled race.

Second, Breeders’ Cup has requested that HorseTourneys not offer guaranteed prize pools in conjunction with these events.

Finally, entry fees for Breeders’ Cup tournaments will generally be limited to a maximum of $600, with an exception for head-to-head contests.

These changes mean that our Breeders’ Cup schedule will be somewhat more focused than in previous years. Our three primary events will be:

  • $600 Two-Day Breeders’ Cup Pick & Pray — Championship races on Friday and Saturday
  • $395 Breeders’ Cup Friday Pick & Pray — all Breeders’ Cup Friday races
  • $600 Breeders’ Cup Saturday Pick & Pray — all Breeders’ Cup Saturday races

Additional events, including winner-take-all and other tournament formats, will also be offered throughout the weekend.

We recognize that many HorseTourneys customers have made our Breeders’ Cup tournaments an annual tradition, and preserving the ability to offer meaningful tournament play on Breeders’ Cup weekend was important to us.

Although the format will look somewhat different in 2026, we’re pleased to continue giving HorseTourneys players an opportunity to compete on the sport’s championship weekend.

Additional tournament details and the complete Breeders’ Cup schedule will be announced closer to the event.

Regarding HorseTourneys Payout Structures

HorseTourneys has intentionally chosen a payout philosophy that emphasizes meaningful top prizes in our major tournaments.

We recognize that reasonable people can disagree on payout structures, and that some players prefer flatter distributions that award a larger percentage of the field. We respect that viewpoint. However, our experience over many years has been that players are attracted to tournaments that offer truly significant winning opportunities and headline-level payouts.

Our goal is not simply to distribute prize money as broadly as possible. Rather, it is to create tournaments that generate excitement, attract participation, and provide the opportunity for transformative scores. Maintaining major prizes of $100,000 or more helps differentiate our tournaments, drives interest in the platform, and ultimately supports larger prize pools for all participants.

It is also worth noting that while payout structures are often debated, HorseTourneys’ major event payouts are not unusually top-heavy when compared to many successful tournament formats in poker, daily fantasy sports, and other competitive gaming contests. In larger fields, multiple finishing positions are paid, and first-place awards generally fall within the range commonly seen in other tournament-based industries. Our approach reflects a balance between rewarding top performance and preserving the type of headline prizes that attract participation and help grow overall prize pools.

While payout philosophies will always vary, the current structure is intentional and reflects our long-term view of what best serves the overall health and growth of the tournament ecosystem. 

We appreciate the feedback we receive from players and understand that not every payout philosophy will appeal equally to every participant. Our objective is to strike a balance that supports both competitive tournament play and the continued growth of the platform.

McKay Smith
President
HorseTourneys.com

Statement from HorseTourneys.com

Official statement from McKay Smith, President, HorseTourneys.com:

“News accounts today reported that the Horseracing Integrity and Safety Authority (HISA) has made charges against Marshall Gramm, contending that he obtained non-public horse-health information from the HISA portal from early May to mid-June of this year and that he engaged in a variety of thoroughbred industry activities during that same period, including participating in handicapping contests.”

“For the record, Mr. Gramm has not engaged in any paid activity at HorseTourneys/HorsePlayers since March 30, 2025. In 2026, he did participate in two free NHC qualifying tournaments, which were available to all members of the 2026 NHC Tour. The two such contests took place on May 7 and July 26. He finished unplaced in both of those events.”

Understanding Collusion in Mythical Horse Racing Tournaments

Questions occasionally arise regarding family members, spouses, or friends participating in the same tournament. Because HorseTourneys takes contest integrity seriously, we believe it is important to explain how these situations are evaluated.

We understand why players are concerned about related participants competing in the same contest. Integrity is important, and no player wants to feel that someone else has an unfair advantage.

First, it is important to distinguish between multiple participation and coordinated play.

In a typical mythical tournament, participants are selecting horses across 10–12 races. Even using conservative assumptions, the number of possible outcome combinations can run into the hundreds of millions or billions.

For example, consider a mythical tournament with 10 races. If each race contains only eight betting interests, there are more than one billion possible winner combinations.

Two separate entries can cover two of those possible paths. Ten entries can cover ten. Additional coverage also requires additional paid entries.

As a result, the participation of a small number of related individuals does not, by itself, create the kind of meaningful competitive leverage that is sometimes assumed. This distinction is important.

A spouse, family member, or friend legitimately participating with his or her own entry is not inherently receiving an unfair advantage simply because of the relationship between the players. As with all participants, however, each player must independently control his or her account and independently make contest selections.

HorseTourneys therefore distinguishes between relationships among participants and actual coordination of contest play.

We monitor contest activity for indications of coordinated selections, common control of entries, circumvention of entry limits, and other conduct that could compromise contest integrity. These matters are addressed under our Official Rules.

Similarity among selections, or participation by related individuals, does not by itself establish collusion. Horse racing tournaments naturally produce overlap among players who may identify the same logical contenders or employ similar handicapping strategies.

Our goal is simple: maintain a fair and competitive environment while focusing enforcement on conduct that actually compromises—or attempts to compromise—the independent nature and integrity of tournament play.

McKay Smith is the President of HorseTourneys

American Express Currently Unavailable for Deposits

Effective Tuesday, January 27, our payment processor has notified us that they are no longer permitted to handle American Express tranasctions in our business category.

We are currently assessing whether there are any other options to process American Express at this point, but for the foreseeable future, American Express will not be available to make deposits at HorseTourneys and HorsePlayers.

At the current time card deposit options are:

-Visa Credit and Debit Cards
-Mastercard Debit Only
-Discover Cards

PayPal and ACH may also be used as deposits. ACH deposits carry no fees and include a 1 percent bonus, making this the best option for deposit.

We will update in this section with any changes in AMEX availability.

Christmas Eve Featured Schedule Happenings a Reminder of Tournament vs. Pari-Mutuel Play

On Wednesday, Dec. 24, on Christmas Eve, Tampa Bay Downs was set to kick off the FEATURED schedule, with a set post time of 2:45 p.m. ET.

Experienced horseplayers might recognize Tampa Bay Downs as a track that is well-known to sometimes flex their post times. They typically run early or late no more than 5-10 minutes or so, only from time to time. They do this primarily as a means to avoid running on top of other major tracks that are running simultaneously. (Ironically, this is something loathed by horseplayers in general. Why in the world are these tracks running on top of each other?). I live in the Tampa Bay Downs area, and I know the Tampa Bay Downs people (who are wonderful folks). Trust me, I know first-hand that Tampa Bay Downs management, all the way up to the very top, literally monitors the races in real time and makes real-time calls on slight adjustments to avoid these situations. In many ways, they are to be lauded for caring enough to pay attention.

In this case, Tampa ended up running a bit early, with the race going off at 2:37 p.m. ET, or eight minutes prior to the scheduled post time of 2:45.

A handful of players missed making their selections for events they purchased in the FEATURED schedule. They were operating under the assumption that Tampa would go off at 2:45 p.m. as noted.

Not unexpectantly, the emails we receive in such cases are generally quite angry ones, with players suggesting that we had incorrect post times, or that our system erred in closing the race before gates open. In any case, the supposition is that it’s our fault. While we understand those sentiments, neither of these assumptions are what actually happened, and this example serves as another reminder regarding the important distinction between tournament play and traditional pari-mutuel wagering. And, about the ultimate responsibility that tournament horseplayers have for their play.

In this case, there was no “official” post time change. Tampa officials merely instructed things to get moving along a little faster, again, ostensibly to avoid running at the same time as another track that appeared to also be headed toward a 2:45 p.m. off time.

No official post time change means that there’s no mechanism for us to inform players that this has happened. Even if we were able to provide some kind of notice within the few minutes leading up to the race, it’s highly unlikley that this would have changed things for those players that were affected anyway. They thought the event would go off at 2:45, and were probably operating under that assumption for hours.

In an idyllic world, if players don’t make selections to any event in a schedule that begins, we could refund the entry fees for that event. But, this kind of practice cannot be allowed by law, as it could open up myriad possibilities for manipulation (I don’t need to get into all of the ways that allowing this could be taken advantage of). Once an entry is purchased, it absolutely must remain in the prize pool, whether or not selections have been made. This is one of those things that simply is without subjective call on our part.

All of this underscores the basic but important difference between tournament and traditional pari-mutuel wagering. In normal betting, either your wagers are accepted, or they are not. With tournaments, per se, players have the additional step of actually making selections after purchasing an entry.

We are sympathetic to situations like these, we really are, and we know that people are busy. There’s also a lot of inherent human behavioral nature that goes into waiting until late to handle things, for a lot of different reasons. We generally will give anyone that this happens to a break, one time.

But, at the end of the day, it is always incumbent upon tournament players to be aware of race status of all times, and to ensure that selections are input for entries that have been purchased. As a general matter of course, ensuring that selections are made by no less than 20 minutes prior to the beginning of a posted schedule will almost certainly ensure that one won’t get shut out. One key feature we have at HorseTourneys regarding this, for example, is informing players of making a late purchase if they are doing so within a short period before the scheduled off time.

Anything less than that, and unfortunately, it can be nothing else than “buyer beware”. We’re not doing this to be player friendly or un-friendly. We simply don’t have the option of refunding you other than at our own expense.

Have a great holiday. We’ll have some good news to you at the turn of the year and into January.

McKay
President
HorseTourneys.com

Recent Mastercard Move Forecasts Future of Credit Card Deposits

  • Mastercard credit cards can no longer be used at HorseTourneys and HorsePlayers for deposits
  • It also appears that some Visa credit card issuers are now treating transactions in our category as cash advances
  • Players who have used credit cards should consider moving to ACH, debit cards or PayPal

Last week, it was announced that a major online sports and fantasy platform would stop accepting all credit card deposits in connection with its sports betting platform.

Days later, we at HorseTourneys received notice from Mastercard that it would no longer accept credit card payments in connection with our transactions. Please note that as of now, Mastercard credit cards are no longer accepted at HorseTourneys or HorsePlayers. Debit cards are fine, but Mastercard credit cards can no longer be used.

Furthermore, we are receiving reports that some Visa credit card issuers are now treating transactions related to our category as cash advances. All of these developments indicate a change in policy on the part of Mastercard and Visa.

A statement from the sports and fantasy platform indicated that its move was being made to reduce/eliminate fees involved with credit card tranasctions (since many card issuers treat such transactions as cash advances, which can trigger significant fees) and to proactively protect players from overuse of credit in association with gaming-related activities.

But industry experts also suggested that operators have been under pressure from both regulators and state governments to do more to protect consumers from the pitfalls of problem gaming.

It stands to reason that the move by Mastercard is one the other card issuers may follow. As a result, we want to be proactive in both notifying our customers of this, as well as encouraging you to use other forms of deposit. Simply put, it’s entirely possible that at some point in the future, credit cards deposits of any kind won’t be available. If you’re still using a credit card for depositing at HorseTourneys or HorsePlayers, you should be considering other options now.

ACH bank transfer is by far the most advantageous mode of deposit for players. ACH deposits carry no transaction fees at all and to boot, we give you a 1 percent deposit bonus on those deposits. Players that used cards in the past have moved in droves to ACH.

Debit cards are also never in danger of being an issue for use, and can be used across all card brands with confidence.

Bank accounts may also be used via PayPal. Players may also continue to fund PayPal account balances and then use those funds for deposit at HorseTourneys. Instructions for doing that are here.

Clearly, its very important for us to make it as easy as possible for you to deposit funds here at HorseTourneys. If you have questions or problems, feel free to contact us.

McKay
President
HorseTourneys.com

Update on Use of Mastercard Credit Cards

Beginning September 2, 2025, please note that Mastercard credit cards may no longer be used to deposit directly at HorseTourneys.

This is the result of Mastercard changing the policies regarding how it categorizes horse racing wagering sites per credit-specific transactions.

Please note that customers may continue to use Mastercard debit cards directly on the site.