Rainbow 6 Mandatory Payout Set For Memorial Day, May 26

Gulfstream Park grandstand copyright All Star Press 2012 Gulfstream Park will offer a mandatory payout of the Rainbow 6 on Monday, May 26.

The 20-cent wager, which had a carryover of over $6.7 million, has not been hit since Jan. 10. If there is no single winning ticket on the Rainbow 6 today, Sunday, May 25, the total pool on Memorial Day could be anywhere from $10 to $20 million.

The mandatory payout was originally scheduled on June 29, Gulfstream’s last day of racing before the end of the state fiscal year, but Gulfstream President Tim Ritvo said guests and customers have been unanimous asking the mandatory payout date be moved up.

“Since the end of our Championship Meet our guests, fans and customers have been asking for us to move the mandatory payout, and many specifically said Memorial Day would be the perfect weekend,” Ritvo said. “In our effort to always listen to our customers, we petitioned the state to change the date of the Rainbow 6 and we were granted permission.

“We believe having the mandatory payout on Memorial Day will be a memorable one for one or several of our players. All the major tracks will be in action on Memorial Day, there will be some big races, and it will provide us the best reach to all our loyal customers. We’ll have some specials planned that day on-track as well.

“The bettors are the economic engine of our sport. We’ve always welcomed the opportunity to discuss any suggestions they may have and I want to thank them, all of them, for making this suggestion.”

NOTE: The wager was hit on Sunday for a $7 million payoff, and thus no carryover for Monday.

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Rich Nilsen is a 19-time qualifier to the National Horseplayers Championship (NHC), an event he has cashed in four times. He was the first player to finish in the top 10 of the NHC twice. A former executive with Brisnet.com and a member of the NHC Players’ Committee, Rich is a graduate of the University of Louisville Equine Business Program and is founder of AGameofSkill.com, a site devoted to horse racing education and promotion.

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