Friday, June 9, 2017

Gulfstream Carryover Nears $800,000; Mandatory Payout Pending


Gulfstream Park will have a carryover of $795,015 on its Rainbow 6 on Saturday.

Gulfstream will have twelve races, with first post of 12:55 p.m.   The Rainbow 6 is on races seven through twelve, with the sequence set to start at 3:59 p.m.

The carryover has grown because Gulfstream has gone 29 days without the jackpot payoff requirement of just one ticket with the winners of all six Rainbow 6 races.

But the current carryover cycle will soon come to an end.

Gulfstream on Friday announced that it will have a mandatory payout of the Rainbow 6 carryover pool on Saturday, June 17.

On mandatory payout days, a single unique ticket with all six winners is not required to take down or share in the carryover jackpot. The entire Rainbow 6 pool is paid out to the holders of tickets with the most winners.

Mandatory payouts are also scheduled at Gulfstream for the Late Pick 5 and Super Hi-5 on June 17.

On Friday, there were 347 tickets with the winners of all six Rainbow 6 races.  Each received $243.00 on a 20-cent bet.

On Friday, the carryover coming in was $763,033.  Bettors added $133,409 to the Rainbow 6 pool. 

Per its rules on non-jackpot payoff days, Gulfstream took out 20 percent of the day’s bet, divided 56 percent among tickets with six winners and added 24 percent to the carryover.

HorseRacingFLA’s review of Equibase charts shows that Friday’s payout was the lowest on the Rainbow 6 since May 14 when the payoff was $242 with 252 winning tickets.

On Friday, five of the Rainbow 6 winners were favorites at 8-5 or lower. The other winner was 9-1.

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