An exacta bet is a common horse racing wager that requires you to pick the top two finishers of a race in the correct order. Sometimes referred to as a perfecta bet, an exacta is a step further than a traditional win, place, show bet. Odds for a straight exacta bet for the Derby would look something like this:. If this comes true, you would win your exacta bet. If Gunpowder finishes first and Mister Ed finishes second, you would lose your racing wager because you must select the horses in the exact order.
This is a variation of a straight exacta with more options. This means you can choose more than two horses. If you choose three horses, any two of them need to finish in the correct order. Using the same fictional horses from the above Kentucky Derby betting example, you can make an exacta bet that features BoJack Horseman, Artax and Black Beauty.
You now have six possible combinations that could result in a winning ticket:. Depending on the racebook or horse racing track, you could select anywhere from three to eight horses. However, if you make an accurate pick and win your bet, your winnings will be more substantial and you could see yourself with a larger profit. For instance, if Mister Ed is favored to win the Kentucky Derby, your ticket could look something like this:.
Payoffs can vary greatly in exacta betting. One advantage of this type of bet is that most tote boards — the scoreboard — both at the track and online, show the probable payouts of exacta wagers. Take advantage of this feature and look for potential overlays, or possible combinations that you think are paying more than they should, while skipping those that are paying short prices.
Using a boxing method also means you are weighing all of the contenders with an equal chance of winning. Ideally, when playing Trifecta keys you have a solid opinion on one or two runners in the race and spread enough in the third position in hopes of landing a horse that could be a generous price and increase the payoff. Horse races with large fields usually generate the largest payoffs. Michael Dempsey Currently Michael offers full card detailed handicapping reports with horse racing selections Connect with us.
Trifecta Wagering. Trifecta Box Bet A common way to play a Trifecta is to box three horses. By Staff Writer.
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In fact you don't need to be at a race track at all Winnings on Exacta bets are unlimited and are determined by the pari-mutuel system where all the winning tickets share the pool of money collected. You still need to select the first and second horse in the correct order, but by boxing your selections, the two horses can finish in any order.
Home racing betting-info horse-racing. What is an Exacta Bet? Exacta Definition and Overview The Exacta bet in horse racing is a great place to start learning about exotic bets. This means you can win big for a small bet stake. A winning exacta bet can result in a respectable payout. Winning exactas with longshot horses pay more than those with heavy favorites. The following video clip explains how to place this bet. Watch the entire video for other horse bets.
How to Place an Exacta Bet. Final order matters. An Exacta Box bet is picking any number of horses to finish first and second. Final order does not matter. Your exacta box bet wins if any of your horses finish in the top 2 in any order. The exacta box costs more than a straight exacta because you must pay for each possible finishing combination. Racebooks will calculate exacta box cost for you. See also this calculator.
How to Place a Box Bet. An exacta box and quinella payout after the same race result. Two horses must finish first and second in any order. The mechanics of each bet differ. Quinella The quinella is one bet on 2 horses. This happens when a favorite is paired with a longshot. A winning longshot followed by a heavy favorite would pay more than the reverse result.
An Exacta Wheel bet is picking sets of horses to finish first and second. Each set is called a key.
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