Does anyone remember the $988k Pick 6 Heist at Palm Beach JA in the mid 1980's? Posted on June 20, 2017 at 02:10:15 AM by StraymarJA
The old wooden building housing the Palm Beach Fronton on 45th street burned down on Christmas eve in 1978 (a suspicious fire) and the fronton was rebuilt and re-opened somewhere around 1982 or 1983. They had a $2 Pick 6 jackpot that kept growing as nobody was hitting it. The pot got over $500k, and then a group of Florida professional gamblers pooled their money, covering all 262,144 possibilities for a $524,288 total bet. They got special treatment from the fronton and were allowed in to make the massive bet during the afternoon before the evening performance. There were about 6 mutuel tellers punching tickets for several hours. When they were done, the tote room even provided them a printout so they could ensure they had every combination covered.
This P6 syndicate had the only winning ticket that night and I believe the $2 winning payoff was something like $988k. I do know that local trifecta list player Randy Gallo was the mastermind of this Pick 6 syndicate. The whole deal left a bad taste in the mouth of the small players who build up the pool over a long period of time. This had a lot to do with the decline of Palm Beach Jai-Alai after this occurred. Replies: