Gulfstream, Woodbine Plan Mandatory Payoffs in Jackpots

Saturday's mandatory payout of the 20-cent Rainbow 6 jackpot pool is expected to offer the potential to yield a life-changing payoff at Gulfstream Park.

The jackpot pool is expected to grow into the millions after wagering is closed Saturday, should the popular multi-race wager continue to go unsolved Thursday and Friday.

On mandatory-payout days, the entire Rainbow 6 jackpot pool is paid out to the bettor or bettors with the most winners in the wager's six-race sequence. The carryover jackpot is usually only paid out when there is a single unique ticket sold with all six winners. On days when there is no unique ticket, 70 percent of that day's pool usually goes back to those bettors holding tickets with the most winners, while 30 percent is carried over to the jackpot pool.

Saturday's Rainbow 6 sequence will span Races 8-13, anchored by the $75,000 Wildcat Red Handicap in Race 12 and the $100,000 Powder Break in Race 13.

Saturday's program drew 117 entries.

Saffie Joseph Jr.-trained Lord Miles, who captured the 2023 Wood Memorial (G2), is scheduled to make his second start off an eight-month layoff in the mile overnight handicap while carrying co-highweight of 120 pounds in a field of eight 3-year-olds and up.

Joseph, the Royal Palm Meet's leading trainer, is represented by three mares in a field of 11 fillies and mares in the Powder Break, a mile-and-70-yard stakes on Tapeta -- Towser and Angel Nadeshiko, who finished second and third in the Monroe Stakes last time out, and last-out optional claiming allowance winner Batucada.

The Rainbow 6 has gone unsolved for 21 consecutive racing days heading into Thursday's nine-race program. The jackpot pool is expected to swell to an estimated $550,000 Thursday.

The Rainbow 6 sequence will span Races 4-9, featuring Orlyana Farm's Great Venezuela's return from an 11-length victory in Race 9, a 5 1/2-furlong optional claiming stater allowance for 3-year-old fillies on Tapeta. Stakes-placed Great Venezuela, who is the even-money morning-line favorite, has won three of five career starts.

Jackpot Hi-5 Highlights June 23 Card at Woodbine

Woodbine Entertainment today announced a mandatory payout for the Thoroughbred Jackpot Hi-5 will take place this Sunday (June 23) at Woodbine Racetrack.

The Jackpot Hi-5 carryover is $347,853.82. This will be the final carryover amount going into the mandatory payout, as the wager has been suspended until Sunday's card.

The Jackpot Hi-5 wager requires horseplayers to select the top-five finishers in order. A horseplayer can only win the entire jackpot if they hold the only winning ticket for that day's wager. If there are multiple winning tickets, half the pool is paid out, while the other half is added to the carryover.

The entire carryover will be paid out, plus new money wagered, during Sunday's mandatory payout. The Jackpot Hi-5 has a $0.20 minimum and a 15 per cent takeout.

The Jackpot Hi-5 mandatory payout will take place on Sunday's final race. The entries for Sunday's card will be released on Thursday afternoon.

Post time for Sunday's card of live racing at Woodbine Racetrack is 1:10 p.m.