Wednesday, February 24, 2016

Carryovers at Both Florida Tracks Today

Today is an attractive day for carryovers at Gulfstream Park and at Tampa Bay Downs.

Gulfstream has a carryover of $1,634,118 on its Rainbow 6.  It is in races five (scheduled post is 2:35 p.m.) through ten.
First post is 12:35 p.m. for the ten-race card. Conditions are fast for the dirt and firm on the turf.

Tampa Bay has a carryover of $32,321 on its Pick 5. It is on races five (scheduled post 2:25 p.m.)  through nine.

First post is 12:25 p.m. for the nine-race card.  The dirt track is listed as fast. The four races scheduled for the turf have been taken off that surface.  Those are races 3, 5, 7 and 9 -- with the last of those three in  the Pick 5 sequence.

This afternoon on this blog, we will be monitoring and posting reports on both tracks.

*The Tampa Bay Pick 5 is 50-cents minimum, with a 15 percent takeout. 

On days when there are tickets with all five winners, it pays out only to those tickets with no consolation payoffs.

On Sunday, the track’s latest race day, there were no tickets with all five winners.

The pool was $50,712. Per its formula, Tampa Bay put $32,321 into a carryover for today. It made a consolation payoff to tickets with four winners--$239.90 for 50 cents. 

We expect that Pick 5 betting will be at least $50,000 today—building the pool to more than $80,000.

*Gulfstream’s Rainbow 6 is a 20-cent per combination only bet.

The carryover has been growing because the bet has gone 30 race days without a single-ticket jackpot winner.

Based on our reviews of recent handle and betting, it is likely that today’s Rainbow 6 betting will be at least $300,000.

Gulfstream pays out the full Rainbow 6 pool of the day’s bets (minus the 20 percent takeout) plus the carryover only on days when there is just one ticket with all six winners.
On other days Gulfstream divides 70 percent of the day’s bets (minus the takeout) among those bettors holding tickets with the most winners, while 30 percent (minus takeout) is added to the carryover.
The most recent day with a single Rainbow 6 winner was Jan. 13, when it was hit for $76,799.38.
- Jim Freer and Barry Unterbrink

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HorseRacing FLA staff