$221k Rainbow 6 hit! (UPDATE: Beyer column offers Microbet thoughts)

[jimmy the T]

Originally Posted by Kasept

The fact that Freddy was mystified renders that P6 sequence unhittable?

Steve, your ability to see 'price' horses is the key to keeping tickets alive.
I guess if everyone could do it the payoffs would be small. Last Sunday for example you had a 12-1 shot as a single. In the old days I would have spread that race with favs. After 2 1/2 years of listening to your show and playing your picks when I see 12-1 single I play it strong and know that you see something in that race that 90% of other players don't.

[freddymo]

Originally Posted by jimmy the T

Steve, your ability to see 'price' horses is the key to keeping tickets alive.
I guess if everyone could do it the payoffs would be small. Last Sunday for example you had a 12-1 shot as a single. In the old days I would have spread that race with favs. After 2 1/2 years of listening to your show and playing your picks when I see 12-1 single I play it strong and know that you see something in that race that 90% of other players don't.

If I love a 12/1 shot the last place I am going to spread funds around is a pik 6. 12/1 is a terriffic win bet if you think a horse is a tremendous underlay. I dont see the value in adding 5 other races into an equation. Not saying I couldnt play a pik 6 tix also but why?

[joeydb]

Definitely going to keep playing Gulfstream and this $.10 wager. Cool stuff.

[Tiznowfan1]

TwinSpires Player Takes Down First Rainbow Six Jackpot at Gulfstream
Friday, January 28
3:03 pm • Tags: Twinspires

A TwinSpires.com player turned a dime base wager into a $221,677.41 return Thursday by hitting the first ever Rainbow Six jackpot from Gulfstream Park. The player, who did not want to be identified, reacted to his score by saying, ""I heard the commentators on TV say there was only one ticket alive to the 1, 2 and 10, but they were talking about a person holding all three numbers on the same ticket and I only had the 1 on mine. I wasn't sure until I saw the payout - then I was very happy."
When asked how he put the ticket together he reacted by saying, ""I use a handicapping program and add my own input from the past performances. I love playing the Pick 6 at Gulfstream because it is 10 cents and I can spread a little wider. I've had some luck with it - I hit a $1,600 ticket the other day - and play it every day at Gulfstream. When I play the races from home, I use TwinSpires.com"

Now that the wager has been hit, Gulfstream is jumpstarting the Rainbow Six on Friday by seeding the pool with $15,000. The Rainbow Six only pays out its carryover pool only when the winner of the Pick Six is a single ticket holder.

http://www.twinspires.com/content/ne...pot-gulfstream

[jimmy the T]

maybe his phone number ends in a 1

[Alan07]

Hit again today for $32k.

[Kasept]

Rainbow hit again today...

Andy Beyer had some thoughts on it and the microbet concept in general today in the Post/DRF ..


Microbets a welcome addition to sport's wagering options
By Andrew Beyer

HALLANDALE BEACH, Fla. – A bettor playing Gulfstream Park’s races last month cashed a ticket that was almost unprecedented in U.S. parimutuel wagering. He collected $221,677 for a winning combination that cost 10 cents. The wager, dubbed the Rainbow Six, represents an innovation sweeping the sport: the microbet. Whereas the $2 bet once was the industry’s standard, and most exotic wagers have been sold in $1 units, many tracks have begun to offer smaller bets.

The main rationale for microbets is to help smaller bettors play exotic wagers that typically require a multitude of combinations. Picking the first four finishers in a race is a formidable task; if a bettor wants to play a superfecta using all possible combinations of five contenders, a five-horse box with a $1 wagering unit would cost $120 and would exceed the budget of many players. The advent of the dime super means that a bettor can make the play for $12 and get in the game with the big boys.