Sunday, November 17, 2019

GP West Rainbow 6 Carryover for Wednesday Will Be $909,176 as End of Meet Approaches

HorseRacingFLA Staff Report

When the Gulfstream Park  West  meet resumes on Wednesday, it will have a carryover of $909,176
on the Rainbow 6.

First post will be 1:20 p.m. for an eight-race card at Calder in Miami Gardens.  Gulfstream Park conducts the GP West meet under a lease with Calder and its parent company Churchill Downs Inc.

The Rainbow 6 will be on races three to eight with the sequence scheduled to start at 2:20 p.m.
During the week ahead, we will have daily coverage on the Rainbow 6 and other Gulfstream Park West racing.

The Wednesday racing will follow Sunday's card when bettors poured $196,968 into the Rainbow 6.  That was the most yet in the meet that is now 35 days old.

And the carryover is 35 days old because the meet has not had a day with the  jackpot/carryover payoff requirement of just one ticket with all six Rainbow 6  winners. 

On Sunday, there were 110 tickets with all six Rainbow 6 winners. Each received $1,003.66 on the 20-cent per combination only bet.  

Program numbers of the six winning horses were 9-3-1-7-8-6.

Winners included two favorites and four other horses that were 8-1 or lower.

The  40-day Gulfstream Park West meet will end on Sunday Nov. 24. The Gulfstream Park 2019-2020 championship meet will open on Friday Nov. 29 at Gulfstream's home track in Hallandale Beach.

A Florida law prohibits a pari-mutuel from extending a carryover into another race meet.

Thus, Gulfstream will need to have a mandatory payoff  on the Rainbow 6 jackpot prior to the close of the GP West meet.

The jackpot consists of the entire  coming in carryover plus 80 percent of the day's  new Rainbow 6 bet (20 percent takeout).

On a mandatory day, Gulfstream will pay out the entire Rainbow 6 jackpot, regardless of the number of winning  tickets - dividing it  among those tickets

Gulfstream has not announced a date for a mandatory Rainbow 6 payoff.

But it is likely that Gulfstream will have mandatory payoffs on Saturday Nov. 23, a potentially huge betting day, and on Sunday Nov. 24.

If the carryover is not taken down by  a single ticket this coming Wednesday, Thursday or Friday, it is likely that it will be about $1 million next Saturday. In that case, we anticipate that more than $5 million will be bet on the Rainbow 6.

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HorseRacing FLA staff