Gulfstream Park on Saturday will have an "all of it must go" mandatory payout of its Rainbow 6 jackpot, along with the first two races in this year's Florida Sire Stakes series for 2-year-olds.
Gulfstream officials expect that the pool for the Rainbow 6 will be about $3 million. That would be made up of a carryover of $500,635 (which has grown over 13 race days)plus about $2.5 million in new bets attracted by the carryover.
Gulfstream will have thirteen races with first post at 12:20 p.m.
The Rainbow 6 will be on races eight o 13 with the sequence scheduled to start at 3:47 p.m. It is a 20-cents per combination-only bet.
The jackpot consists of the entire carryover plus 80 percent of the day's Rainbow 6 bets.
On "mandatory days," Gulfstream pays out the jackpot no matter the number of tickets with the most winning horses (usually six) in the Rainbow 6.
On days without a mandatory pay, Gulfstream pays out the jackpot only if there is just one ticket with the winners of all six Rainbow 6.
On non-mandatory days when there are multiple tickets with the most winning horses (usually six), Gulfstream takes out 20 percent of the day's Rainbow 6 bet. It then divides 56 percent among tickets with the most winners and adds 24 percent to the carryover.
The Rainbow 6 on Saturday will include the two Florida Sire Stakes races. They are restricted to Florida-bred 2-year-olds that are sons or daughters of Florida-registered stallions that are nominated for the program by their (stallion) owners.
The 10th race is the $100,000 Desert Vixen, at six furlongs on dirt for fillies.
The 12th race is the $100,000 Dr. Fager at six furlongs on dirt for males.
We will have coverage during the afternoon ov this blog.