Wednesday, February 24, 2016

Rainbow Six Carryover Now Above $1.7 Million


The Rainbow 6 carryover will be $1,710,957 on Thursday at Gulfstream Park. 

There will be 11 races on Thursday, with first post of 12:35 p.m. The Rainbow 6 will start on the sixth race with post of 3:05 p.m.

The carryover keeps growing because Wednesday was the 31st consecutive day with multiple tickets that had all six winners.

Each winning ticket paid $13,623.94. By our calculation there were 13 of them.

Gulfstream went into the day with a carryover of $1,634,118.  Bettors added $320,245, of which 24 percent ($76,399) was added to the carryover.

There were 51 runners in the Rainbow 6 races.  All of the winners were at 8-1 odds or lower. None of the winners were favorites.


Gulfstream pays out the full Rainbow 6 pool of the day’s bets (minus the 20 percent takeout) plus the carryover only on days when there is just one ticket with all six winners.

On other days Gulfstream divides 70 percent of the day’s bets (minus the takeout) among those bettors holding tickets with the most winners, while 30 percent (minus takeout) is added to the carryover.

The most recent day with a single Rainbow 6 winner was Jan. 13, when it was hit for $76,799.38.
-- Jim Freer and Barry Unterbrink

 
 

Rainbow 6 Pot Grows by $320,645


Bettors poured $320,645 into the Rainbow 6 today at Gulfstream.

That is added to the carryover of $1,634,118. Uncello Bello, at 9-2, won the opening leg fifth race for trainer Marcus Vitali and trainer Nik Juarez.

At Tampa Bay Downs, bettors wagered a whopping $148,701 on the Pick 5. That is added to
the carryover of $32,231.

Big Imagination, at 5-1, won the fifth race first leg. 
- Jim Freer

Carryovers at Both Florida Tracks Today



Today is an attractive day for carryovers at Gulfstream Park and at Tampa Bay Downs.

Gulfstream has a carryover of $1,634,118 on its Rainbow 6.  It is in races five (scheduled post is 2:35 p.m.) through ten.
First post is 12:35 p.m. for the ten-race card. Conditions are fast for the dirt and firm on the turf.

Tampa Bay has a carryover of $32,321 on its Pick 5. It is on races five (scheduled post 2:25 p.m.)  through nine.

First post is 12:25 p.m. for the nine-race card.  The dirt track is listed as fast. The four races scheduled for the turf have been taken off that surface.  Those are races 3, 5, 7 and 9 -- with the last of those three in  the Pick 5 sequence.

This afternoon on this blog, we will be monitoring and posting reports on both tracks.

*The Tampa Bay Pick 5 is 50-cents minimum, with a 15 percent takeout. 

On days when there are tickets with all five winners, it pays out only to those tickets with no consolation payoffs.

On Sunday, the track’s latest race day, there were no tickets with all five winners.

The pool was $50,712. Per its formula, Tampa Bay put $32,321 into a carryover for today. It made a consolation payoff to tickets with four winners--$239.90 for 50 cents. 

We expect that Pick 5 betting will be at least $50,000 today—building the pool to more than $80,000.

*Gulfstream’s Rainbow 6 is a 20-cent per combination only bet.

The carryover has been growing because the bet has gone 30 race days without a single-ticket jackpot winner.

Based on our reviews of recent handle and betting, it is likely that today’s Rainbow 6 betting will be at least $300,000.

Gulfstream pays out the full Rainbow 6 pool of the day’s bets (minus the 20 percent takeout) plus the carryover only on days when there is just one ticket with all six winners.
On other days Gulfstream divides 70 percent of the day’s bets (minus the takeout) among those bettors holding tickets with the most winners, while 30 percent (minus takeout) is added to the carryover.
The most recent day with a single Rainbow 6 winner was Jan. 13, when it was hit for $76,799.38.
- Jim Freer and Barry Unterbrink



Tuesday, February 23, 2016

Data Pending on Today's Revenue Impact Conference


This link is  to the home page of the OEDR Web Site.
http://edr.state.fl.us/Content/index.cfm 

Note Recent Updates in the Center. In a couple of days, it should have all the data that the super-prepared Amy Baker and her team  presented today.

We're looking forward to reading, digesting and commenting on it.
--Jim Freer