Saturday, March 17, 2018

Rainbow 6 Carryover Passes $3.6 Million


­­­­­The Gulfstream Park Rainbow 6 carryover will be $3,620,485 on Sunday.

First post is 12:00 p.m. for a 13-race card.  The Rainbow 6 will be on races eight to thirteen, with the sequence scheduled to start at 3:31 p.m.

The carryover keeps growing because Saturday was the 35th straight race day without the jackpot payoff requirement of just one ticket with the winners of all six Rainbow 6  races.

Gulfstream has not announced a date for when it will have a mandatory payout of the Rainbow 6 carryover—when all tickets with six winners  will divide  the payout.

However, there are reports that Gulfstream will have the mandatory payout on Saturday March 31, which is Florida Derby Day.

On Saturday, there were a whopping 1,796 tickets 
with winners of all six Rainbow 6 races. Each of those tickets paid $231.24 on the 20 cent only bet.

The relatively low payoff was the result of four races being won by  favorites and the other two being won by horses at 3-1 and 7-2 odds.

The number of winning tickets was the second highest since HorseracingFLA began tracking handle  at Gulfstream meets in August 2015.

On Saturday April 1, 2017 there were 6,560 winning Rainbow 6 tickets. That was Florida Derby Day, with the added attraction of a carryover of $1,911,408.  On a  day with low-odds winners, each winning ticket paid $89 on a 20 cent bet.

The Rainbow 6 jackpot consists of 80 percent of the day’s Rainbow 6 bet (20 percent takeout) and the entire built-up carryover.

On Saturday, the carryover coming in was $3,342,620.  Bettors added $741,657 to the pool.

Per its rules on days with multiple  winning tickets, Gulfstream took out 20 percent of the day's new bets.  It then divided 56 percent among the tickets with six winners and added 24 percent to the carryover.

The program numbers of the six winning horses were 1-1-2-1-10-4. 
The Rainbow 6 is a 20-cent per combination-only bet.  A ticket can have multiple horses in each race. For example, a ticket with two horses in each race has 64 combinations and costs $12.80.
--Jim Freer and Barry Unterbrink


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