Pimlico's Mandatory Payout of Rainbow 6 Produces $12,518 Payoff
Pimlico's Mandatory Payout of Rainbow 6 Produces $12,518 Payoff
BALTIMORE, MD., 06/06/15– Pimlico’s inaugural Rainbow 6 mandatory payout resulted in multiple winning tickets worth $12,518.28 Saturday afternoon on Closing Day of the meet.
A sum of $798,206 was bet into the existing carryover of $275,321 to result in a total jackpot pool of more than $1 million. The winning sequence for the popular 10-cent wager was 4-6-4-6-4-11.
The Rainbow 6 carryover jackpot is paid out only when there is a single ticket sold with all six winners. On days when there is no unique ticket, 70 percent of that day’s pool goes back to those bettors holding tickets with the most winners while 30 percent is carried over to the jackpot pool.
However, when there is a mandatory payout, it is not necessary to hold a unique ticket with all six winners to grab a share of the mandatory carryover pool. All betters holding tickets with the most winners for the last six races on the card shared in the entire pool.