Sunday, April 19, 2020

Gulfstream Fast and Fim on Mandatory Payout Day

Conditions are listed as Fast and Firm for today's  eleven-race card at Gulfstream.

First post was at 12:55 p.m. on a mandatory payout day for the Rainbow 6.

The 20-cents per combination bet is on races six to eleven with the sequence scheduled to start at 3:23 p.m.

This link to the Equibase  Web site is the Gulfstream entries for Sunday. It has click-ons to handicapping material. Some of it is free. Some, including past performances, is at cost.

At about 1:30 p.m. we will post a news release from Gulfstream with the Rainbow 6 analysis and selections of its handicapping team. 

The Rainbow 6 carryover coming in is $1,366,160.  It has grown because Gulfstream has gone all eleven days of its spring meet without the jackpot payoff  requirement of just one ticket with the winners of all six races.

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

Gulfsream will pay that all out today--regardless of the number of tickets with all six winners. 

Gulfstream is guaanteeing that the pool will be at least $5 million.

We expect that today's wagering on the Rainbow 6 will be closer to $10 million--even though it is another non-spectator day at Gulfstream.

Since March 13 Gulfstream has been doing that in its efforts to comply with government guidances regarding the number of people at public events amid the coronavirus (COVID-19) pandemic.

Tampa Bay Downs in Oldsmar, Fla., and Oaklawn Park in Hot Springs, Ark.,  are the only other North American tracks with thoroughbred racing today. Both  are racing with no spectators on site.

Most U.S. pari-mutuels and OTB offices, which are main sources for simulcast betting on Gulfstream and other tracks, are closed.

That has left Advance Deposit Wagering (ADW) via Internet and phone as the major source of horse bets. Gulfstream is always one of the most popular tracks among ADW bettors. 

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