Monday at Gulfstream: Mandatory Payoff on Rainbow 6; Carryover is $662,401
HorseracingFLA Staff Report
Monday, Sept. 7–Gulfstream Park today will have a mandatory payout of the entire pool, including the carryover, on its Rainbow 6 bet.
The Rainbow 6 is a 20-cent per combination only bet that requires picking the winners of each of the last six races. A ticket can include multiple combinations, with multiple horses in each race.
The Rainbow 6 has a carryover of $662,401 today. It is possible that more than $300,000 will be bet on the Rainbow 6 today. That means the payoff, split among winners, could be close to $1 million.
Gulfstream has 11 races today with a first post of 12:45 p.m. There are no stakes races.
The Rainbow 6 is on the sixth through 11th races, starting at 3:34 p.m. The six races have 65 entrants, including also eligibles and main track only.
Gulfstream usually pays out the full Rainbow 6 pool (day’s bets plus carryover) only on days when there is just one ticket with all six winners. On other days, after the 20 percent takeout, Gulfstream divides 70 percent of the day’s Rainbow 6 bets among the multiple winning tickets and puts 30 percent into the carryover.
Monday is the final day of the Gulfstream After Retirement Racing Program (GPTARP) portion of Gulfstream’s summer meet. Under state law, Gulfstream cannot continue with any carryovers beyond that date or a similar date in its racing schedule.
The Rainbow 6 carryover has been growing since July 16. That was 31 Gulfstream race days ago, and the last day on which there was just one Rainbow 6 ticket with the winners of all six races. The payoff on July 16 was $164,483.32.
Gulfstream usually pays out the full Rainbow 6 pool (day’s bets plus carryover) only on days when there is just one ticket with all six winners. On other days, after the 20 percent takeout, Gulfstream divides 70 percent of the day’s Rainbow 6 bets among the multiple winning tickets and puts 30 percent into the carryover.
Monday is the final day of the Gulfstream After Retirement Racing Program (GPTARP) portion of Gulfstream’s summer meet. Under state law, Gulfstream cannot continue with any carryovers beyond that date or a similar date in its racing schedule.
The Rainbow 6 carryover has been growing since July 16. That was 29 Gulfstream race days ago, and the last day on which there was just one Rainbow 6 ticket with the winners of all six races. The payoff on July 16 was $164,483.32.
