HorseRacingFLA Staff Report
Gulfstream Park will have two carryovers when it resumes live racing Thursday, with ten races and first post at 2:00 p.m.
The Rainbow 6 has a carryover of $14,548.09. It will be on races five through ten with the sequence scheduled to start at 4:00 p.m.
There is a carryover of $18,535.20 on the Super Hi-5—on the day’s first race with seven or more starters. Handicappers have three days to prepare, and that is a situation where past betting patterns indicate that $100,000 or more could be bet on the Super Hi-5.
Gulfstream offers that bet on all races with seven or more starters.
Thursday’s first race has seven entrants. If there are any scratches, the Super Hi-5 will first be offered on the second race—with nine entrants and not likely to have more than two scratches.
On Sunday there were 42 tickets with the winners of all six Rainbow 6 races. Each paid $817.56 on the 20 cents per combination-only bet.
Bettors wagered $60,645 on the Rainbow 6.
Per its rules on days with multiple winning tickets, Gulfstream: took out 20 percent, divided 56 percent among tickets with six winners and put 24 percent into a new carryover.
Sunday was the first day of a new Rainbow 6 pool.
On Saturday there was just one ticket with the winners of all six Rainbow 6 races. It took down the jackpot of $60,708.
The carryover on Thursday is the result of no winning Super Hi-5 tickets on any of the last four races that offered it.
The bet is $1 minimum. It requires picking the order of finish for the first five horses, with no consolation payoffs such as the first four places.
If there are no winning tickets, Gulfstream takes out 17 percent and adds the remainder to the carryover.
As the Super Hi-5 carryover grows, it becomes what we call a “Gold Rush bet.”
On most Gulfstream races, betting on the Super Hi-5 is in the $2,000 to $4,000 range.
A growing carryover attracts bettors who were not part of that earlier betting and are, in effect, seeking to cash in on money that other bettors have lost.