Gulfstream's Betting Menu Filled With Opportunity

Gulfstream's Betting Menu Filled With Opportunity

11/26/2013

Blended Takeout for Champions Meet to be Under 20 Percent
20-cent Rainbow 6 Will Pay Out 70 Percent and be Seeded with $50,000

HALLANDALE BEACH, FL - Gulfstream Park will offer a variety of wagering opportunities this winter along with a blended takeout rate of 19.90 percent when its traditional Champions Meet kicks off Saturday, Nov. 30.

The biggest change to Gulfstream's betting menu this winter will be the minimum wager on the Rainbow 6, which has produced life-changing payoffs the past three seasons. The wager will go from a minimum of 10 cents to 20 cents. The change allows simulcast bettors in Canada, where the minimum bet is 20 cents, to participate in the Rainbow 6 on a daily basis, thereby expanding the market for the popular exotic wager. In addition to the doubling of the base wager, the percentage returned to winners on days the jackpot isn't hit has been increased to 70 percent from 60 percent. 
 
The Rainbow 6 will have a guaranteed pool Opening Day of $50,000. 
 
There will be 50-cent minimums on Pick 5 and trifecta wagers and $1 minimums on win, place and show, exacta, Bet 3 and Super Hi 5 wagers. The superfecta will have a minimum wager of 10 cents.
 
On Dec. 7, Gulfstream will offer a 10-cent Ultimate 8 on the eight Claiming Card stakes races.
 
The wagering menu for the Champions Meet is: 
Bet Type Take-Out Rates: Bet Minimums:  
WPS 17.00% $1.00  
Exacta 20.00% $1.00  
Daily Double 20.00% $1.00  
Trifecta 26.00% $0.50  
Superfecta 26.00% $0.10  
Bet 3 20.00% $1.00  
Pick 4 20.00% $0.50  
Pick 5 15.00% $0.50  
Rainbow 6 20.00% $0.20  
Super Hi-5 15.00% $1.00  
Ultimate – 8 20.00% $0.10 Claiming Crown only Dec 7th
Gulfstream's Champions Meet kicks off Saturday with a first race post time of 12:40 p.m. The 10-race card will feature two turf stakes for 2-year-olds - the $100,000 Pulpit and the $100,000 Wait a While.
 
GULFSTREAM PARK is a Stronach Group company, North America’s leading Thoroughbred racetrack owner/operator. The Stronach Group racetracks include Santa Anita Park, Gulfstream Park & Casino, Golden Gate Fields, Portland Meadows, Laurel Park and Pimlico Race Course, home of the world-famous Preakness. The company owns and operates the Palm Meadows Training Center in Florida, and is one of North America's top race horse breeders through its award-winning Adena Springs operation. The Stronach Group is one of the world's largest suppliers of pari-mutuel wagering systems, technologies and services. Its companies include AmTote, a global leader in wagering technology; XpressBet, an Internet and telephone account wagering service; and Monarch Content Management, which acts as a simulcast purchase and sales agent of horseracing content for numerous North American racetracks and wagering outlets.The Stronach Group is also a major producer of televised horseracing programming through its HRTV cable and satellite network and is North America's premier supplier of virtual online horseracing games, as well as a leading producer of social media content for the horseracing industry. For more information contact David Joseph at david.joseph@gulfstreampark.com or call 954.457.6451.