Friday, March 22, 2019

Gulfstream Friday: Rainbow 6 Carryover Tops $2 Million

The Rainbow 6 carryover at Gulfstream Park is  25 race  days old  and has grown to $2,062,710.

That carryover/jackpot will be up for grabs  on Friday.

First post is 1:15  p.m. for  a ten-race card. The Rainbow  6 is on races  five  to ten, with  the sequence  scheduled  to start  at  3:30 p.m.

The jackpot/carryover consists of the entire carryover plus 80 percent of the day’s  new bets on the Rainbow  6 (20  percent takeout).

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

On Thursday, there were 830 tickets with all six winners.  Each was paid $260.44 on the 20-cent only bet.

Thursday’s wagering on the Rainbow 6 was $386,165.

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

The program numbers of the  six  winning horses were 5-3-9-3-6-2.

The payoff was relatively low because  four winners  were favorites and the other  two had odds of 7-2.

Gulfstream has seven race days left in its 2018-2019 championship meet, which ends on Sunday March  31.

A state law prohibits a pari-mutuel from extending a carryover  into a  new meet.

Thus, Gulfstream on or before March 31 will  need to schedule a mandatory Rainbow 6 payout of the carryover/jackpot even if there are multiple tickets with the winners of all  six Rainbow 6 races.

If there is no single ticket winner prior to mandatory day, the carryover could be $3 million or larger that day.

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HorseRacing FLA staff