GP Rainbow 6 Carryover Passes $2.5 Million

By Jim Freer

Gulfstream Park will have a Rainbow 6 carryover of $2,571,583 on Friday.

First post will be 12:35 pm. for a 10-race card. The Rainbow 6 will be on races six through, with the sequence set to start at 2:35 p.m.

We will have coverage on our blog, which can be  accessed on the menu bar at the top of the home page of this Web site.

The Rainbow 6 carryover is the highest in a stretch since  March 2016 when it peaked at $4,503,332.

On Thursday there were 174 tickets with the winners of all six Rainbow 6 races.  Each ticket received $1,907.30 on a  20 cent-only  bet.

The carryover is growing because Thursday was the 32nd straight race day without the jackpot payoff requirement of just one ticket with the winners of all six Rainbow 6 races. There are no consolation payouts in the Rainbow 6.

The jackpot consists of the entire carryover plus 80 percent of the day’s wagering on the Rainbow  6.

The most recent day with a Rainbow 6 jackpot winner was Dec. 7, when one ticketholder cashed for a $98,309.32 jackpot payoff.

The carryover coming into Thursday was $2,424,349. Bettors added $613,218 to the Rainbow 6. Gulfstream took out 20 percent of that. Per its rules on days with multiple winning tickets, it divided 56 percent  of  the day’s bets among the winning tickets and added 24 percent to  the carryover.

In March 2016, also during a Gulfstream championship meet, there was a 52-day stretch with multiple winning Rainbow 6 tickets—until a mandatory payout on Saturday March 26.

Several days earlier, Gulfstream announced that it would pay out the full carryover no matter the number of tickets with the winners of all Rainbow 6 races.

The carryover  coming into March 26 was $4,503,332. Bettors added $10,782,385 to the pool.  There were 146 tickets with all six winners.  Each received  $89,457 on the 20-cent only bet.

Gulfstream has not announced a date for any mandatory payout on the current Rainbow 6 carryover.

The Rainbow 6 is a 20-cent per combination-only bet. Multiple horses can be used in each race, thus setting up a ticket with multiple 20 cent combinations.  For example, a ticket with two horses in each race has 64 combinations and costs $12.80.

 

 

 

 

 

 

 

 

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