Saturday, May 27, 2017

Gulfstream Rainbow 6 Carryover at $426,956

Gulfstream Park will have a Rainbow 6 carryover of $426,956.17 on Sunday.

Gulfstream will have an 11-race card with first post of 1:15 p.m.  The Rainbow 6 will be on the sixth through 11th races.

In Sunday’s first race there will be a Super Hi-5 carryover of $2,967.  It is a $1 minimum bet that requires picking the first five finishers in correct order, with no consolation payoffs.

The Rainbow 6 carryover is growing because Gulfstream has gone 20 racing days without the jackpot payoff requirement of just one ticket with the winners of all six Rainbow 6 races.

On Saturday, there were six tickets with all six Rainbow 6 winners. Each received a payoff of $16,259.30 on a 20-cent bet.

The jackpot is the combination of the full carryover plus 80 percent of the day’s new Rainbow 6 bet (20 percent takeout).

On days with multiple winning tickets, Gulfstream takes out 20 percent of the day’s Rainbow 6 bet. It then divides 56 percent of the day’s Rainbow 6 bet among tickets with the most winners (usually six) and adds 24 percent to the carryover.

The carryover coming into Saturday was $385,147.  Bettors added $174,249—of which 24 percent was added to the carryover.

HorseRacingFLA’s review of Equibase charts shows that Saturday’s wagering on the Rainbow 6  is the most in any day of the spring meet that began on April 5.  The current carryover is the highest for the meet.

The odds on the Rainbow 6 winners were 7-5, 4-1, 5-2, 38-1, 5-2 and 4-1.

The 38-1 winner was Money or Love in the $100,000 Musical Romance Stakes.  There are no consolation payoffs on the Rainbow 6.  Thus, Money or Love’s knocked out a large and undetermined number of tickets.

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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