Saturday, February 4, 2017

Gulfstream Carryover, Guarantees for Saturday

Gulfstream Park will have a carryover of $477,595 on its Rainbow 6 when it resumes racing on Saturday.

First post is 12:00 p.m. for a 12-race card.  The Rainbow 6 begins on the seventh race with scheduled post of 3:01 p.m.  It is a 20-cents per combination-only bet.

There is a guarantee that the Rainbow 6 pool will be at least $750,000.  That means that if Saturday’s wagering does not bring it to that amount, Gulfstream will add seed money.

For Saturday, Gulfstream also is guaranteeing that the pools will be at least $250,000 on the Late Pick 5 (races 8   to 12) and at least $500,000 on the Late Pick 4. Both are 50-cent minimum bets.

On the first race there is a carryover of $3,919 on the Super Hi-5.  It is a $1 minimum bet.

On Friday, there were just two tickets with the winners of all six Rainbow 6 races. Each paid $63,768.82 on a 20-cemt bet.

The Friday sequence had one favorite among the six winners. The other winners were at odds from 5-1 to 21-1.
Gulfstream pays out the Rainbow 6 jackpot (carryover plus 80 percent of the day’s bet) only on days when there is just one ticket with the winners of all six races.

Friday was the 13th straight day when there were multiple tickets with all six winners, thus continuing the carryover.

On days with multiple winning tickets Gulfstream takes out the 20 percent. It then divides 56 percent among tickets with the most winners (in Friday’s case six) and puts 24 percent into the carryover.

The carryover going into Friday was $422,936. Bettors added $227,782  to the Rainbow 6 pool

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.

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HorseRacing FLA staff