Wednesday, May 3, 2017

Gulfstream Rainbow 6 Carryover Reaches $42,453

Gulfstream Park will have a carryover of $42,453 on its Rainbow 6 on Thursday.

Gulfstream will have a nine-race card with first post of 1:15 p.m.  The Rainbow 6 will be on races four to nine, with the sequence scheduled to start at 2:43 p.m.

On Wednesday, there were 185 tickets with the winners in all six Rainbow 6 races. Each of those tickets received $129.38.

HorseRacingFLA’s review of Equibase charts shows that was the 11th lowest Rainbow 6 payoff at Gulfstream since we began tracking that data  in August 2015.

The low  payoff came on a  day when the odds on the six winning horses were: 1-1, 8-5, 5-2, 6-5, 3-2 and 5-2.

Wednesday was the third straight race day with multiple winning tickets in the Rainbow 6—thus continuing the carryover.

Gulfstream pays out the Rainbow 6  jackpot only on days when there is just one ticket with the winners of all six Rainbow 6 races.

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.

On Wednesday, the carryover coming in was $32,283. Bettors added $42,212 to the Rainbow 6 pool.

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.

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HorseRacing FLA staff