Quote:
Originally Posted by freddymo
two things to consider about the rainbow 6.
The meet become devoid of quality as soon as Keeneland and Belmont open.
As the jackpot becomes super large folks might elect to bet it carries to the last day and ave up for an all out assault final 6 races
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I think the bet will become more attractive as it grows, not less. I mean where else can you have a chance at $5 million for 20 cents?
How much is in the pool on closing day is an interesting question. It is my experience that no matter how big the pool is, people will send it in enough to make it a near zero-sum pool after takeout. Last year, the carryover going in was $1,961,806 and another $5,278,477 was bet on closing day, so it resulted in an overpayment for that day after takeout of about $906,000, or about 17%, which truly is about as good as it gets.
There are 28 racing days left at Gulfstream, not including closing day. If the carryover amount increases by $100k/ day then by closing day it would be at about $7.3 million, I would expect at least $20 million, if not more, to be bet just on the last day.