Thursday, June 30, 2016

Raunbow 6 Pays $3,234.24 at Gulfstream

The Rainbow 6 paid $3,234.24 for a 20-cent bet  at Gulfstream Park on Thursday.

By our calculation there were 232 winning tickets.

It was the final day of Gulfstream's spring meet and thus a mandatory payout day of the carryover plus 80 percent of  the day's new Rainbow 6 bets. There is a 20 percent takeout on the Rainbow 6, which is a 20-cent per combination only bet.

The carryover was $102,570 going into Thursday. Bettors added
$810,601 to the Rainbow 6 pool.  Minus the 20 percent takeout, winning tickets divided about $750,000.

The Late Pick 5 paid $818.60 for a 50-cent minimum bet.  Bettors wagered $83,484 on the Late Pick 5, on which there also was a mandatory full payout.

Flash Jak, at 3-5 in the ninth race, and First Salute,  at  5-2 in the tenth race, were the only two winning favorites in the late race  sequences.

Total wagering on Friday's ten-race card was $4,840,796.

Gulfstream will begin a new Rainbow 6 pool on Friday. It will  have nine races with  first post of  1:15 p.m

Except for mandatory payout days, Gulfstream pays out the Rainbow 6 carryover and 80  percent of the day's pool only when there is just one ticket  with the winners of  all  Rainbow 6 races.
Otherwise, Gulfstream divides  56 percent of the day's  pool among tickets with  the  most winners and puts 24 percent into the  carryover.

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HorseRacing FLA staff