Rainbow 6 pool could reach record levesl by Mon payout
May 23, 2014 1:12:28 GMT -5
Post by Evelyn on May 23, 2014 1:12:28 GMT -5
Rainbow 6 pool could reach record levels by Monday's mandatory payout
Brisnet
If there is no single winning ticket on the Rainbow 6 at Gulfstream Park Saturday and Sunday, the total pool of the 20-cent wager is expected to set a Pick 6 record on Monday, May 26.
A mandatory payout of the carryover pool that stands at $6,303,426.30 for Saturday's card is scheduled for Memorial Day, when the total Rainbow 6 pool up for grabs could swell to approximately $16 million if the popular multi-race wager goes unsolved until Monday and wagering reaches estimates of $10 million.
The 20-cent Rainbow 6 will begin Monday with the 5TH race, which will go off at approximately 4:05 p.m. (EDT). Gulfstream will allow bettors an hour between the 4TH and 5TH race to place their Rainbow 6 wagers.
Gulfstream's 10-race Memorial Day program drew full fields Thursday, with a total of 120 horses. There were a total of 79 horses entered in the Rainbow 6 races, the 5TH through 10TH:
The 5TH is scheduled to be run at 1 1/16 miles on turf. The Rainbow 6 kickoff attracted a field 12 of maidens, three-year-olds and up, and an also-eligible.
The 6TH is slated to be run at 6 1/2 furlongs on the main track. The maiden special weight race attracted a field of 11 three-year-olds and up.
The 7TH is set for 1 1/16 miles on turf. The optional claiming allowance drew a field of 12 and one also-eligible.
The 8TH will be a six-furlong event on the main track. The $6,250 claiming race attracted a field of 11 fillies and mares, three-year-olds and up.
The 9TH is an optional claiming allowance scheduled for 1 1/16 miles on turf. A field of 12, along with four also-eligibles, was entered in the race for three-year-olds and up.
The 10TH is a 1 1/16-mile race on turf. A field of 12 fillies and mares, plus three also-eligibles, was entered in the race for $12,500 claimers.
Gulfstream will play host to a special handicapping show starting at approximately 12:30 p.m. Monday with track handicapper Ron Nicoletti and Daily Racing Form's Mike Welsch. The show will be streamed live on GulfstreamPark.com and throughout its simulcast network.
"There is a lot of interest throughout North America in the Rainbow 6 heading into this weekend," Gulfstream Park President Tim Ritvo said. "We're getting calls from our racing fans, casino and poker players, as well as people who are hearing about the jackpot and wondering when they can start playing it. Many people are also asking when they can come to the track to play the Quick Pick.
"We created this wager to generate excitement and so people could have fun with their friends betting different combinations that wouldn't cost them a lot of money but might provide them with a life-changing lottery-style payoff. We think it's worked, and we believe Monday is going to be a very exciting day."
The record single payout to a Rainbow 6 winner is $3,591,245.44 on February 22, 2013, when a bettor in New Jersey took down the jackpot. On July 2, 2007, at Hollywood Park the Pick 6 pool hit $10,870,852.60. There were 13 winners and each ticket was worth $576,064.40.
Gulfstream's Rainbow 6 had a mandatory payout on April 23, 2011, with a $1.4 million carryover. The total pool that afternoon swelled to $5.1 million after $3.5 million was bet into it. There were 1,311 winning tickets each worth $3,279.26.
Following Monday's mandatory payout, the Rainbow 6 will be seeded with $50,000 when racing resumes Friday, May 30. The next mandatory payout will be June 29, the end of the fiscal year.
Brisnet
If there is no single winning ticket on the Rainbow 6 at Gulfstream Park Saturday and Sunday, the total pool of the 20-cent wager is expected to set a Pick 6 record on Monday, May 26.
A mandatory payout of the carryover pool that stands at $6,303,426.30 for Saturday's card is scheduled for Memorial Day, when the total Rainbow 6 pool up for grabs could swell to approximately $16 million if the popular multi-race wager goes unsolved until Monday and wagering reaches estimates of $10 million.
The 20-cent Rainbow 6 will begin Monday with the 5TH race, which will go off at approximately 4:05 p.m. (EDT). Gulfstream will allow bettors an hour between the 4TH and 5TH race to place their Rainbow 6 wagers.
Gulfstream's 10-race Memorial Day program drew full fields Thursday, with a total of 120 horses. There were a total of 79 horses entered in the Rainbow 6 races, the 5TH through 10TH:
The 5TH is scheduled to be run at 1 1/16 miles on turf. The Rainbow 6 kickoff attracted a field 12 of maidens, three-year-olds and up, and an also-eligible.
The 6TH is slated to be run at 6 1/2 furlongs on the main track. The maiden special weight race attracted a field of 11 three-year-olds and up.
The 7TH is set for 1 1/16 miles on turf. The optional claiming allowance drew a field of 12 and one also-eligible.
The 8TH will be a six-furlong event on the main track. The $6,250 claiming race attracted a field of 11 fillies and mares, three-year-olds and up.
The 9TH is an optional claiming allowance scheduled for 1 1/16 miles on turf. A field of 12, along with four also-eligibles, was entered in the race for three-year-olds and up.
The 10TH is a 1 1/16-mile race on turf. A field of 12 fillies and mares, plus three also-eligibles, was entered in the race for $12,500 claimers.
Gulfstream will play host to a special handicapping show starting at approximately 12:30 p.m. Monday with track handicapper Ron Nicoletti and Daily Racing Form's Mike Welsch. The show will be streamed live on GulfstreamPark.com and throughout its simulcast network.
"There is a lot of interest throughout North America in the Rainbow 6 heading into this weekend," Gulfstream Park President Tim Ritvo said. "We're getting calls from our racing fans, casino and poker players, as well as people who are hearing about the jackpot and wondering when they can start playing it. Many people are also asking when they can come to the track to play the Quick Pick.
"We created this wager to generate excitement and so people could have fun with their friends betting different combinations that wouldn't cost them a lot of money but might provide them with a life-changing lottery-style payoff. We think it's worked, and we believe Monday is going to be a very exciting day."
The record single payout to a Rainbow 6 winner is $3,591,245.44 on February 22, 2013, when a bettor in New Jersey took down the jackpot. On July 2, 2007, at Hollywood Park the Pick 6 pool hit $10,870,852.60. There were 13 winners and each ticket was worth $576,064.40.
Gulfstream's Rainbow 6 had a mandatory payout on April 23, 2011, with a $1.4 million carryover. The total pool that afternoon swelled to $5.1 million after $3.5 million was bet into it. There were 1,311 winning tickets each worth $3,279.26.
Following Monday's mandatory payout, the Rainbow 6 will be seeded with $50,000 when racing resumes Friday, May 30. The next mandatory payout will be June 29, the end of the fiscal year.
