Wednesday, May 17, 2017

Gulfstream Rainbow 6 Carryover Grows to $241,982

Gulfstream Park will have a carryover of $241,982 on its Rainbow 6 on Thursday.

First post is 1:15  p.m. for a nine-race card.  The Rainbow 6 starts on the fourth race with scheduled post of 2:53 p.m.

On Wednesday there were 187 tickets with the winners of all six Rainbow 6 races.  Each of those tickets received $289.10 for a 20-cent bet.

Wednesday was the 13th straight race day with multiple winning tickets in the Rainbow 6—thus continuing the carryover.

Gulfstream pays out the Rainbow 6  jackpot only on days when there is just one ticket with the winners of all six Rainbow 6 races.

The jackpot is the combination of the full  carryover plus 80 percent of the day’s new Rainbow 6 bet (20 percent takeout).

On days with multiple winning tickets, Gulfstream takes out 20 percent of the day’s Rainbow 6 bet. It then divides 56 percent of the day’s Rainbow 6 bet among tickets with the most winners (usually six) and adds 24 percent to the carryover.

On Wednesday, the carryover coming in was $218,821 Bettors added $96,552 to the Rainbow 6 pool.

The odds on Wednesday’s six winning horses were 5-2, 3-1, 4-5, 3-1, 5-2 and 6-5. Those low odds produced the relatively low Rainbow payoff of $289.10.

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.

Here are the post positions and morning line odds for  Saturday’s Preakness Stakes (Grade 1) .
Scheduled post Is 6:45 p.m. for the 1 3/16 mile race at Pimlico in Baltimore.

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HorseRacing FLA staff