Florida’s thoroughbred tracks are entering a New Year’s weekend in which both will have stakes racing and Gulfstream Park on Saturday will have the added attraction of a mandatory payout on the Rainbow 6.
The watching and wagering will begin at 12:25 p.m. on Friday, when Tampa Bay Downs has first post for its nine-race card.
Gulfstream has ten races on Friday, with first post at 12:35 p.m.
We will have previews, results and other coverage throughout the weekend. All postings will be on our blog and most will be on this Web site.
On Saturday, our editor Jim Freer will be on-site for coverage at Gulfstream and reporter Monique Welch will be on-site for coverage at Tampa Bay.
Beginning Friday evening, we will have previews of this weekend’s stakes races.
Going into Friday, the Rainbow 6 carryover at Gulfstream is $343,542. It will be on races five through ten.
If there is just one ticket on Friday with the winners of all six Rainbow 6 races, it will take down the entire carryover plus 80 percent of the day’s Rainbow 6 bet.
Otherwise, Gulfstream will divide 56 percent of Friday’s Rainbow 6 bet among tickets with the most winners and add 24 percent to the carryover.
If the carryover extends into Saturday, all tickets with the most winners (likely six) will divide the carryover plus 80 percent of the day’s Rainbow 6 bet.
Past Gulfstream betting patterns indicate it is likely that as much as $1 million will be bet on the Rainbow 6 on Saturday.
The Rainbow 6 is a 20-cent per combination-only bet. Multiple horses can be used in each race, thus setting up a ticket with multiple 20 cent combinations. For example, a ticket with two horses in each race has 64 combinations and costs $12.80.