Friday, August 17, 2018

Thursday's Rainbow 6 Handle Was Lowest of 2018 at Gulfstream

Gulfstream  Park will have a two-day-old carryover of $23,866 on its Rainbow 6 on Friday.

That will follow Thursday's card when betting on the Rainbow 6 was $38,858. HorseRacingFLA's
 data base shows that was the lowest betting on Gulfstream's Rainbow 6 since $31,466 on Dec. 8, 2017.

Thursday's low Rainbow 6 handle can be attributed to several factors

*It is very early in a Rainbow 6 cycle,  Many syndicates and heavy-betting individuals known as "whales" apparently are not yet betting large amounts on the Rainbow 6.

*Thursdays are usually the lowest handle days during the Thursday through Sunday schedule of Gulfstream's summer meet.

This Thursday, total handle on ten races was $4,156,671.  That was the second lowest total handle on the seven Thursdays of the Gulfstream meet that began on July 1.

*Gulfstream this month is competing with Saratoga Race Course for simulcast and    Advance Deposit Wagering bettors.

Friday's first  post  will be 2:00 p.m. for a 10-race card.  The Rainbow 6 will be on races five through ten with the sequence set to start at 4:00 p.m.

The first race has a carryover of $1.392 on the Super Hi.-5.

On Thursday there were 25 tickets with the winners of all six Rainbow 6 races/ Each was paid  $860.22 on the 20-cent-only bet.

Program numbers for the winning horses were 8-12-2-5-6-2.

Three of the winners were favorites. Odds on the other winning horses were 8-1, 9-1 and 4-1.
The carryover coming in was $14,548.

 Bettors added $38,858   to the pool. Gulfstream took out 20 percent of Thursday's bet. It then divided 56 percent among the tickets with six winners and added 24 percent to the carryover. 

When there is just one  ticket with  all sixwinners, Gulfstream pays out  80  percent of the day's Rainbow 6  bet plus the full carryover.
--Barry Unterbrink and Jim Freer

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