Monday, September 21, 2020

GP: Thursday Rainbow 6 Carryover is $592,000; Sire Stakes, Mandatory Payout Coming Up

Gulfstream Park will be dark this Monday through Wednesday, and then begin a stretch of four straight race days that will end its spring/summer meet.

On Thursday, the Hallandale Beach, FLa., track will have a first post of 12:00 p.m. for a nine-race card. 

It will have a Rainbow 6  carryover of $592,479. That 20 cent per combination-only  bet will be on races four to nine, with the sequence scheduled to start at 1:40 p.m.

The closing Saturday, Sept. 26, will be the biggest stakes day of the meet. Gulfstream will have seven stakes races--topped by the two closing legs in the annual Florida Sire Stakes series for 2-year-olds. 

On Tuesday, we will have the first in our series of previews on those stakes races.

On Sunday Sept. 27, Gulfstream will have a mandatory payout on its Rainbow 6 jackpot--regardless of the number of tickets with the winners of all six Rainbow 6 races.

The jackpot consists of the entire Rainbow 6 carryover plus 80 percent of the day's new Rainbow 6 bets. There is a 20 percent takeout. 

Gulfstream usually pays out that jackpot only if there is just one ticket with all six winners. On most days with multiple winning tickets, the carryover grows by 24 percent. The current carryover has built up over twelve days.

A Florida law prohibits Gulfstream from extending any carryovers into the Gulfstream Park West meet that will begin on Oct. 3.

So, if the carryover keeps growing into next  Sunday it could be as high as $1 million, with the prospect that as much as $5 million will be bet on the Rainbow  6.

It is a situation where many bettors who have not been playing the Rainbow 6 will jump in, hoping to win some of the money that others have lost. 

* On Sunday, each  ticket with all six Rainbow 6 winners paid $2,505.54 on the 20 cent bet.

There were 63 such combinations, according to HorseRacingFLA|'s review of Equibase charts.

Program numbers of the winning horses were 2-1-7-6-6-2.

The carryover coming in was $525,602.

Bettors added $278,751 to the Rainbow 6. Of that, Gulfstream took out 20 percent and then divided 56 percent among tickets with six winners and added 24 percent to the carryover.

*Our review of Equibase charts shows that total handle for Gulfstream's ten races was approximately $5.9 million this past Sunday. 

That is about 15 percent more than the $5.1 million that Gulfstream reported for Sept. 22, 2019--the comparable Sunday  last year.

Both days had ten races, with similar cards and no stakes races.  Conditions were Fast and Firm on both days.

One difference is that Gulfstream last September was open for spectators and live wagering. This year, due  to the COVID-19 pandemic, it has been closed to spectators and has not had live wagering since late March.

Our examination of Equibase charts indicates that Gulfstream is among tracks where handle has been higher on many dates this year than on comparable days in 2019.

While precise numbers are not always available, increases in Advance Deposit Wagering (ADW) have in many cases more than made up for the loss of live handle.

But it should be noted that the absence of spectators and live betting takes away projected revenues on program sales, concessions and group events at Gulfstream and at other tracks.

In addition, a track's share of takeout is higher on bets made on-track than on bets made on ADWs and at simulcast locations such as other tracks.

Starting later this week, we will have additional details on recent wagering at Gulfstream and at other tracks.

 






























Sunday, September 20, 2020

GP: Mandatory Rainbow 6 Payout on Sept. 27; Carryover for Today is $525,000

First post of 12:00 p.m. is approaching for Gulfstream Park's ten-race Sunday card where the main betting attraction  is a $525,602 carryover on the Rainbow 6.

Conditions are listed as Fast and Firm.

As of 10:00 a.m., skies are clear at Gulfstream in Hallandale Beach, Fla.  The Weather Channel forecast is for just a ten percent chance of rain during racing hours.

And another potential frenzy is building on the Rainbow 6, because on Sunday Sept. 27 Gulfstream will have a mandatory payout of its jackpot--regardless of the  number of tickets with all six winning horses. 

If the carryover continues into Sept. 27 it could be as high as $1 million, with the prospect that as much as $5 million wil be bet on the Rainbow  6. 

The jackpot consists of the entire Rainbow 6 carryover plus 80 percent of the day's new Rainbow 6 bets. 

Gulfstream usually pays out the Rainbow 6 jackpot only if there is just one ticket with all six winners. On most days with multiple winning tickets, the carryover grows by 24 percent. The current carryover has built up over eleven days.

Sept, 27 is the final day of Gulfstream's spring /summer meet.  A Florida law prohibits Gulfstream from extending any carryovers into the Gulfstream Park West meet that will begin on Oct. 3.

The first race on Sunday has a Super Hi-5 carryover of $4,514.  It is a $47,000 maiden special weight at five furlongs on turf for 3-YO and up.  There are nine entrants, and a maximum of eight horses can start.

The Rainbow 6 is on races five to ten with the sequence scheduled to start at 2:20 p.m.

Gulfstream has guaranteed that the jackpot pool  will be at least $800,000 if there is just one ticket with all six winners.  If the total is less than $800,000 Gulfstream will make up the difference.


On Saturday, each ticket with all six winning horses won $10,855.68 on the 20 cent per combination-only bet.

HRFLA's review of Equibase charts shows there were 14 such tickets.

Program numbers of the winning horses were 7-6-1-5-1-9.

The relatively high payoff and relatively lows number of winning tickets was due largely to the 22-1 shot Taamer winning the seventh race (first Rainbow6 leg).  All other Rainbow 6 winners were at single digit odds, including two favorites.

Bettors added $275,195 to the Rainbow 6.  Of that, Gulfstream took out 20 percent and then divided 56 percent among tickets with six winners while adding 24 percent to the carryover.

* Because of the COVID-19 pandemic, Gulfstream remains closed to bettors and thus has no on-site wagering.

Betting on Gulfstream races may be done on most Advance Deposit Wagering (ADW) Internet and phone services. Many sports books, race tracks and OTB offices have simulcasting on Gulfstream races.



 


Saturday, September 19, 2020

Scratch Leads to Change in Final Race Pick

With the 12th race approaching, there is one ticket with a horse singled in the  Rainbow 6. That is the 10 Gimmeabreak.

There are 138 live tickets.


Violent  Fight (13), our pick to win the 12th and final race at Gulfstream, has been scratched.

So we are changing that pick to Senzazione (2) and putting him in an exacta box with Ima Coalman (5), Chaos Kid (9)  and Storm Risk (11).

* $5 WPS  2

* $1 exacta  box  2  5  9  11

* $1 tri  part wheel  2  11  with 2  911  with 2  5 9 11

  

Violent Fight is Our Saturday "Gettin' Out Alive" Pick

Saturday's 12th and  final race at Gulfstream is  $12,500  claimer with a $19,000 purse, at one  mile on turf for 3-YO and up that have never won two  races.

Hubba Bubba (8) has scratched and Violent  Fight (13) has drawn in and likely will be the  favorite.  There are 12 entrants.

Scheduled post is 5:52 p.m.  But due to several  delays, it likely will be  around 6:15.

We are picking Violent Fight, who has the best numbers in this group and should be able to  deal with the outside post. Leonel Reyes  rides for  trainer Oscar Gonzales.

We also are puttng Senzazione (2), Ima Coalman  (5), Chaos Kid (9) and Storm Risk  (11) in the mix.

* $3 WPS 13

* $1 exacta  box    2  5   11  13

* $1 exacta  part wheel

2 13 with    2  9 11  13

$ $1 tri part  wheel

2  13 with    2  11  13  with  2 5  9  11  13

NOTE  -- we have a mental bet stake of $500  for the final three weeks of the Gulfstream spring/summer meet which will end on Sept. 27

Through Wednesday, our  bets have totaled  $167 with a return  of $80.55.

Our bankroll going into today is $413.55.