Sunday, September 20, 2020

GP: Mandatory Rainbow 6 Payout on Sept. 27; Carryover for Today is $525,000

First post of 12:00 p.m. is approaching for Gulfstream Park's ten-race Sunday card where the main betting attraction  is a $525,602 carryover on the Rainbow 6.

Conditions are listed as Fast and Firm.

As of 10:00 a.m., skies are clear at Gulfstream in Hallandale Beach, Fla.  The Weather Channel forecast is for just a ten percent chance of rain during racing hours.

And another potential frenzy is building on the Rainbow 6, because on Sunday Sept. 27 Gulfstream will have a mandatory payout of its jackpot--regardless of the  number of tickets with all six winning horses. 

If the carryover continues into Sept. 27 it could be as high as $1 million, with the prospect that as much as $5 million wil be bet on the Rainbow  6. 

The jackpot consists of the entire Rainbow 6 carryover plus 80 percent of the day's new Rainbow 6 bets. 

Gulfstream usually pays out the Rainbow 6 jackpot only if there is just one ticket with all six winners. On most days with multiple winning tickets, the carryover grows by 24 percent. The current carryover has built up over eleven days.

Sept, 27 is the final day of Gulfstream's spring /summer meet.  A Florida law prohibits Gulfstream from extending any carryovers into the Gulfstream Park West meet that will begin on Oct. 3.

The first race on Sunday has a Super Hi-5 carryover of $4,514.  It is a $47,000 maiden special weight at five furlongs on turf for 3-YO and up.  There are nine entrants, and a maximum of eight horses can start.

The Rainbow 6 is on races five to ten with the sequence scheduled to start at 2:20 p.m.

Gulfstream has guaranteed that the jackpot pool  will be at least $800,000 if there is just one ticket with all six winners.  If the total is less than $800,000 Gulfstream will make up the difference.

On Saturday, each ticket with all six winning horses won $10,855.68 on the 20 cent per combination-only bet.

HRFLA's review of Equibase charts shows there were 14 such tickets.

Program numbers of the winning horses were 7-6-1-5-1-9.

The relatively high payoff and relatively lows number of winning tickets was due largely to the 22-1 shot Taamer winning the seventh race (first Rainbow6 leg).  All other Rainbow 6 winners were at single digit odds, including two favorites.

Bettors added $275,195 to the Rainbow 6.  Of that, Gulfstream took out 20 percent and then divided 56 percent among tickets with six winners while adding 24 percent to the carryover.

* Because of the COVID-19 pandemic, Gulfstream remains closed to bettors and thus has no on-site wagering.

Betting on Gulfstream races may be done on most Advance Deposit Wagering (ADW) Internet and phone services. Many sports books, race tracks and OTB offices have simulcasting on Gulfstream races.


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HorseRacing FLA staff