Monday, December 12, 2016

GP Rainbow 6 Carryover at $29,216

Gulfstream Park will have a Rainbow 6 carryover of $29,216 when it resumes racing on Wednesday.

First post is 12:35 p.m. for the 10-race card. The Rainbow 6 is on races five through ten.

It will come following a soggy Sunday when there were no tickets with the winners of all six Rainbow 6 races.

So, Gulfstream made a non-jackpot payoff of $1,815.26 on each of the 13 tickets that had five winners.

Meanwhile there were a small but undetermined number of tickets with all five winners in the Late Pick 5.

The payoff was $30,127.85 on a minimum 50 cent bet. The Late Pick 5 pool for the day was $94.522.

On the Rainbow 6, Gulfstream pays out the full jackpot (all of the carryover plus 80 percent of the day’s Rainbow 6 bet) only on days when there is just one ticket with the winners of all six Rainbow 6 races.

On other days, Gulfstream takes out 20 percent of the day’s Rainbow 6 bets and then divides 56 percent among tickets with the most winning horses (in Sunday’s case five) and adds 24 percent to the carryover. Bettors added $42,712 to the Rainbow 6.

The last four races in the Rainbow 6 (seven through ten) were  taken off turf due to rain. Even amid scratches, there were 59 starters in the Rainbow 6 races.
And it was a head-scratching off-turf handicapping day. Only two favorites won, and two winners were 10-1 or higher in the Rainbow 6 sequence.

Those factors, combined, made it harder than usual to hit the Rainbow 6 and Late Pick 5.

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.
--Jim Freer

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