Thursday, February 20, 2014

For $1,000,000, Goofy is Okay

The Rainbow 6 at Gulfstream is a goofy gimmick.  Unlike a traditional Pick 6 wager, this bet isn't really "won" until there is only a single winning ticket.  The consolations - 6 of 6 with multiple tickets alive - can run into the tens of thousands of dollars.  The base wager is attractive, twenty cent as opposed to a dollar or two per combination.  The low base wager enables you to cover many more combinations for less cost, the trade off, of course, being that there are more chances for multiple winning tickets.  I've actually hit this before, closing day of 2012 (I believe - the ol' memory is shot to hell) when there was a "must pay" (at the end of a meet any carryover has to be paid regardless of the number of winners because it can't continue over to the next meet).  It was a nice payout, about $3,000, but certainly not like this.

The single ticket carryover is now over $1,000,000.  Heather and I decided that we needed to take a shot at it.  Going in I think we have a nice combination of some chalk and some longer shots.  I don't know if have the bombers required to end up with the only ticket but series of our longest shots could combine to get it.  If nothing else it'll be fun to follow whilst I wallow through spreadsheet updating, listen to US/Canada hockey and watch the developing snowpocolypse.

Best of luck to everyone going after it today.  I'll be tweeting through the ordeal over at @tlgrevelis if you want to follow our progress (or lack thereof - god forbid!).

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