Tierman wins inaugural AmericaTab Handicapping Open
The inaugural AmericaTab Handicapping Open Championship was completed
Saturday and veteran horseplayer Dennis Tiernan took home the lucrative $60,000
grand prize. A four-time Las Vegas qualifier and a long-time AmericaTab member,
Tiernan staged a dramatic comeback to take down the title over runner-up Allen
Strahan.
With four races to go in the 15-race contest, Strahan had more than a $50
lead based on $2 Win and Place mutuels. Then, in the 4TH race at Del Mar,
Tiernan hit $44 winner My Dancen Diva. Strahan failed to cash and proceeded to
drop 30 cents out of first place, behind Tiernan. In the next-to-last race of the
tournament, Tiernan cashed for another $5 in winnings to extend and preserve his
lead. His final bankroll of $166.20 was $5.30 best, giving him the title of 2005
AmericaTab Handicapping Open Champion.
Runner-up Allen Strahan ($160.90) invested only $125 during the contest to
qualify for the finals. His return for placing second was worth $18,000. He was
followed by Patrick Gianforte ($145.50), David Sferra ($140.20), and Darrow
Jones ($137.80), rounding out the top five. With a 100 percent payout structure,
the top 30 finishers in the Open received cash prizes.
"For only a $25 entry fee our members could qualify for racing's most
lucrative online contest," said tournament director Rich Nilsen. "It took Dennis
Tiernan only $375 (15 weekly entries) to qualify for the championship. The top
two finishers invested only $500 combined and won over $80,000 in prize money."
The Championship event was guaranteed by AmericaTab back in January to be a
minimum of $100,000. With 221 finalists in the August 6 finals, it was racing's
richest online handicapping tournament.
During the 42 weeks of the AmericaTab Open, more than $164,210 was paid out
in weekly cash prizes. Each week 40 percent of the pool was carried over to the
Championship, which resulted in a total pool of $106,365 for the finals. Between
the weekly prizes and the finals, a grand total of $270,575 was paid out based
on the 100 percent payback structure.
The next AmericaTab Handicapping Open is expected to begin in early October.
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