Handicapping The Rainbow 6

Handicapping The Rainbow 6

05/23/2014

Bankroll Dictates Whether To Play Favorites Or Single And Spread 
 
HALLANDALE BEACH, FL - A single winning ticket on Monday's 20-cent Rainbow 6 at Gulfstream Park would be worth a North American record of more than $10 million.
 
With that kind of jackpot on the line, bettors throughout North America are busy studying the six races in Monday's Rainbow 6 to come up with the winning ticket or one of several winning tickets that could pay hundreds of thousands if not millions of dollars.
 
The trick is coming up with the six winning horses, and it's been no easy task when one considers the Rainbow 6 hasn't been hit since Jan. 10.
 
"You always think someone is going to take it down when it gets up to $1 million or so," said track handicapper Ron Nicoletti, whose Rainbow 6 handicapping seminar with the Daily Racing Form's Mike Welsch will be streamed live at GulfstreamPark.com and on Gulfstream's simulcast network beginning Monday at 12:30 p.m. "But this has been going on now for more than four months and, with the $6.3 million carryover we have going into the weekend, the Rainbow 6 could be worth anywhere between $12 and $18 million by Memorial Day.
 
"What I've been telling everyone about the Rainbow 6 is that even if you don't have the only ticket, having one of multiple winning tickets has been spectacular over the past few months. We've had days when multiple winning tickets have paid $300,000, $44,000, $40,000 and $81,000. I also know a lot of people who come to our facility to go to the restaurants, the shops or the casino are ready to play 20 or 30 Quick Picks and just take a shot, like they would the lottery."
 
So how do you get the most out of your Rainbow 6 ticket? According to Nicoletti and Welsch, it all depends on how much you're going to wager.
 
"It depends on your bankroll," Welsch said. "If you or your group have a small bankroll, you'll probably try to play the favorites or most of the favorites and hope they come in to get a piece of the jackpot. Or you can take a chance and try to single two or three races and then spread a bit in three or four of the other races. 
 
"There's going to be a lot of action on this, and with all the dead money that's been accumulating you just want to get a piece of that."
 
Nicoletti will put several tickets together for various amounts of money over the next few days and then share those various combinations with fans.
 
"Right now I think if you're not going too deep you'll want to maybe think of singling a couple races so you can go deeper in other races," he said. "That keeps things affordable and it gives me the ability to spread in the other races, like maybe a few of the turf races or the maiden races. 
 
"I think once you start handicapping those six races you'll begin to get a clearer picture of how you want to go after it, whether there are any singles or whether you go with favorites. The first race in the Rainbow 6 is a dozen 3-year-old maidens going two turns on the turf, so handicapping the races and plotting your strategys is going to be fun."