Anticipation Builds for Saturdayâ€™s Mandatory Rainbow 6 Carryover Payout
Carryover Jackpot Pool Stood at $1,357,478 for Fridayâ€™s Program Pool Expected to Reach $5 Million-Plus if Wager goes Unsolved Friday
HALLANDALE BEACH, FL â€“ Anticipation and the carryover have been building all week as Saturdayâ€™s mandatory payout of the 20-cent Rainbow 6 carryover has drawn closer and closer at Gulfstream Park.
Heading into Fridayâ€™s nine-race program, the Rainbow 6 had gone unsolved for 26 consecutive racing days, generating a life-changing carryover jackpot of $ 1,357,478. Should the popular multi-race wager stump the bettors again Friday, the total pool that will be forced out on Saturday is expected to reach $5 million-plus.
When a $1.4 million carryover was forced out on April 23, 2011, the total pool that afternoon swelled to $5.1 million after $3.5 million was bet into it.
Saturdayâ€™s Rainbow 6 sequence will span Races 5-10 and will be anchored by the $100,000 Miami Mile (G3) in the ninth and the $75,000 Powder Break Stakes in the finale.
The Rainbow 6 jackpot was last hit on March 18, when a unique ticket returned $210,973.74. Six days earlier, a winning Rainbow 6 ticket bet through the Portland, Ore. wagering hub returned a jackpot payoff of $1,079,444.22.
The Rainbow 6 carryover jackpot is paid out only when there is a single unique ticket sold with all six winners. On days when there is no unique ticket, 70 percent of that dayâ€™s pool goes back to those bettors holding tickets with the most winners, while 30 percent is carried over to the jackpot pool. Yet, on a mandatory-payout day, the entire pool must be paid out to those bettors with tickets sporting the most winners in the six-race sequence.
The $6,678,939.12 jackpot won by a Palm Beach bettor last May set a national Pick 6 and overall pari-mutuel payoff record. The previous record Rainbow 6 payoff occurred on Feb. 22, 2013, when a New Jersey bettor collected $3,591,245.44.
A Las Vegas simulcast bettor demonstrated that you donâ€™t need to construct an expensive Rainbow 6 ticket to make a score on April 1, 2012. The bettor invested only $2.40 and walked away with a $791,364 jackpot.
During the recently concluded Championship Meet, there were three jackpots won with wagers totaling less than $35. On Feb. 13, a $4 investment returned $133,874. On Dec. 19, a $243,469 jackpot was won with a $12.80 ticket. Three weeks later, a $33.60 ticket earned a better a payoff of $317,166.