In an exacta key, you start with one horse that you think will finish first, and then pick several horses to run second. The reason for this is that most bettors will be backing the favorite in the exacta. Payouts for exotic bets can be huge for the Kentucky Derby. Dana Byerly. Once we start including mo For the Win/Place/Show, Quinella, Trifecta (includes Trifecta, Trifecta Box and Trifecta Wheel), Exacta (includes Exacta, Exacta Box and Exacta Wheel), and Superfecta (includes Superfecta, Superfecta Box and Superfecta Wheel) Bet Types, the probability and prize payout are derived from each horse’s probability of placing 1st. the total book percentage for a track with a 15% take out sums to about 1.18. the probability of any horse winning is (1/(odds+1))/1.18. For a full $1 unit, this bet will cost $60. It’s more efficient than the Exacta Box, and cheaper.

It helps, and it’s a race we really enjoy.”. Trifecta: 18-17-9, $0.50 trifecta paid out $655.90. Big payouts. Yo… . It’s a single wager where you pick exactly four horses and decide the exact order you think they will finish in. But if horse #5 places first and horse #2 places second, you lose. For example, if five horse are selected in a box exacta, the cost of a … Make sure your ticket is correct before you leave the window. In order to bet a full exacta box, it will cost you at least $4 (two $2 bets). An exacta box with two numbers, commonly called quinella or quiniela, is a bet on either of two permutations: A first and B second, or B first and A second. A $2 Exacta box on three horses costs $12, as it’s covering six combinations. If two of the three horses finish first and second, the ticket is a winner. To calculate the cost of an Exacta Bet, multiply the number of horses used on top, or the win position, of the exacta with the number of horses used in the second position (less one if the same number is used on top in the exacta). A $2 exacta box with 1 and 2 horses would cost you $4. Big fields like the Kentucky Derby offer great exacta payout opportunities because there are so many different combinations of horses that can finish in first and second. Sure, it’s harder than a straight bet, but when you get it right, it can be a lucrative win with remarkable margins. Below you will find the approximate final odds and corresponding payoff results for each winning ticket.

Some players require far more – up to double the “fair” payout (so 90% more than the prices given below). If either prediction is wrong, the bet is off. However, in the 2016 Kentucky Derby, the favorite Nyquist beat the second favorite Exaggerator and the Kentucky Derby Exacta returned just $30.60 for each successful $2 exacta bet. Exacta bets usually attract more bettors, but the risk/reward ratio of trifecta bets attracts some people who might have otherwise bet exacta on a race.

Betting Gods might be something worth checking out, © 2013 - 2020 EzHorseBetting.com. It may seem like a good way to bet but the cost and the likely return suggests otherwise. Exacta Box Cost. Here is how to read this formula. Must be of legal age in the relevant jurisdiction to open a wagering account. You would pick a trifecta box of 2-4-5-6, and as long as some combination of those four horses finished 1st, 2nd, and 3rd, you win the trifecta box bet. But still, a $100 return on a $2 bet is amazing odds. Dana Byerly. EXACTA BOX In boxing the exacta, the bettor may bet a minimum of two horses on a single ticket, giving the bettor every possible combination of the chosen horses to finish first and second in exact order. For example, if I placed a $1 exacta box bet on four horses, and the payout for a $2 exacta was $11.80, do I divide $11.80 by 2 to get the payout for a $1 exacta box? In other words, a $2 straight exacta would cost $4 as an exacta box. Of course, the track will take out its portion before the prize pool is calculated so the payout wouldn’t be exactly $120. Exacta horse racing betting is popular, but not always easy. That’s why we made our online betting platform so easy to learn and use. Horses Boxed. For example suppose you bet a three horse Exacta Box for $1. Some players require far more – up to double the “fair” payout (so 90% more than the prices given below). We’ve explained them both in the next two sections of this article. Payouts for these wagers are calculated using the pari-mutuel system. Generally, racebooks and tracks pay out exactas at $2 increments. Each exotic betting pool pays out differently based on how much money was bet. If you place a $2 bet on a combination of three horses, this will now set you back $12 instead of $4. where Q is the expected Quinella payoff, E is the expected Exacta payoff, and EB is the expected reverse-Exacta payoff (the Exacta Box). EXACTA is the form of pari-mutuel wagering whereby you select in order the first and second place horses in races which offer exacta wagering. Superfecta box; Superfecta wheel; The straight superfecta is what we’ve described above. You can see that a 2/1 (blue col on the left) is the low recommended “on-top” horse odds, and 6/5 is the low recommended “on-bottom” horse odds. For example, a horse with a payout line of 10 would pay $10 for every $1 wagered. With an Exacta Box you will win your bet if the horses you pick finish in first and second place in either order with as many horses as you wish. A box exacta is calculated by multiplying the number of selections for first by the number of selections for second, minus one. Unlike a straight exacta the exacta box is considered to be two separate wagers on one ticket.

Exactor Box $10 exacta 5-6 pays $100. Select the horses to include in the wager. Some bettors love the exacta box because they believe it is less risky. Find out the Belmont results and the betting payouts for exacta, trifecta and superfecta wagers. But still, a $100 return on a $2 bet is amazing odds. Exacta combinations including horses at odds lower than that are almost always under-laid and pay off less than fair. A bet calculator for calculating combinations from bet selections for horse racing, harness racing and greyhound racing. Exacta "Fair-Pay" Chart (includes a 10% overlay amount added in) For exactas over $600 - you'll likely be paying immediate "signer" taxes, so you'd better make sure they are far higher than fair pay. Of course, the track will take out its portion before the prize pool is calculated so the payout wouldn’t be exactly $120. How is the payout determined for each type of wagering? Most tracks have a minimum price for exactas. Show: No. The more horses you put in your box, the better chance you have of cashing your ticket, but your ticket will also be more expensive. Larger fields will boost this to around $35. Please see our terms and conditions for more details. If that happens, you win. This means that if there is an upset in the race, you can win big – whereas if lots of people bet on the winners, the winning prize may be much smaller. If you bet on 8 horses, you have more chances of winning, but you would be lucky to make $30, resulting in a loss of nearly $650.
A two horse Exacta Box costs $2 (2 x 1 = 2) for each $1 bet, a three horse Exacta Box costs $6 (3 x 2 = 6) for each $1 bet, a four horse Exacta Box costs $12 (4 x 3 = 12) for each $1 bet and so on. To figure the cost: Multiply the number of horses used by the number of horses used less one times $2 wager. You might want to consider holding out for a 50% overlay – which would be 40% higher than the figures given. This would cost $3, and you win if the #1 wins and either the #2, #3 or#4 finishes second. However, it’s very helpful when more horses are included in an exacta, trifecta, or superfecta box. 11/29/2013 at 8:24 pm Yes, that’s correct! He is a regular CNN contributor and host of The Van Jones Show. A winning Exacta Bet from the 2009 Kentucky Derby generated an even bigger $2,074.60 payout when 50-1 runner Mine That Bird beat Pioneer of the Nile. Tips . So a 2 horse exacta box at $1 will cost a minimum of $2. It’s more straightforward than most of the other exotic wagers, and it’s one of the simplest bets. If the race comes in either 1-2 or 2-1, you … A two horse Exacta Box costs $2 (2 x 1 = 2) for each $1 bet, a three horse Exacta Box costs $6 (3 x 2 = 6) for each $1 bet, a four horse Exacta Box costs $12 (4 x 3 = 12) for each $1 bet and so on. The more horses you add to an Exacta Bet, the more likely you are to lose money in the end. There’s no “average” payout for an exacta bet — it varies significantly depending on the race, horses, track and even the weather. 2020 Kentucky Derby payouts: Authentic wins with Tiz The Law second, longshot Mr. Big News in third Authentic was 8/1 when betting closed By Andrew Julian. Go to main menu. This might be the appropriate time for making that exacta box. A $2 exacta box with 1 and 2 horses would cost you $4. There are some tracks that offer a $1 exacta wager. Longshot No. The trifecta combination (4-9-6) returned a whopping $1,205.70 on a $1 wager. For this reason, Exacta Box horse racing betting is generally best left to experienced handicappers, or those who employ the services of a veteran handicapper. Most tracks have a minimum price for exactas. An exacta box and quinella are similar, but definitely not the same. The trifecta combination (4-9-6) returned a whopping $1,205.70 on a $1 wager. If you are ready to win and win big, it might be time to calculate the perfect Exacta Bet. The cost of an exacta box is twice the amount that you would pay for a straight exacta. For example, if five horse are selected in a box exacta, the cost of a full $1 unit is 5 x (5-1) = 20 Straight exactas can be more difficult to calculate, especially if the selections vary for first and second place. A $2 Exacta Box on four horses would cover 12 combinations and cost $24. For a full $1 unit, this bet will cost $60. Unlike a straight exacta the exacta box is considered to be two separate wagers on one ticket. Each additional horse increases the cost of the bet. SI Fantasy PRO members' one stop shop for all sports betting premium picks and information. You are basically hedging your bets in case one horse outruns the other. In order to win an Exacta Bet, both horses must finish in the chosen order. If you or someone you know has a gambling problem and wants help, call 1-800 GAMBLER. 05/02/2015 at 4:19 pm If a trifecta pays 900.00 what is the payout for tbe tri box… An exacta bet requires you to pick the top two finishers in the race. Three-Horse Box ($1) – $6 Larger wagers are possible, though they follow this betting pattern. Some tracks do NOT offer quinella bet and make you bet the exacta box. calculating a fair exacta payout; my art; the probability of a horse winning is (1/(odds+1))/ the races total book percentage . For this reason, Exacta Box horse racing betting is generally best left to experienced handicappers, or those who employ the services of a veteran handicapper. We’ll say with this example Horse #1/Horse #2 Quinella will pay $15. Tell the clerk you'd like exacta box 1, 2, 3 (or whichever horses you selected). H = Total number of horses being boxed. Most people will go the quinella route if they have 2 horses they want to bet on. The more horses involved with each exotic boxed bet will make each wager more expensive to place. These payouts should be considered the minimum acceptable. What Is A Trifecta Bet & How to Calculate Your Payout, Gulfstream Park Horse Racing: Track Profile. Making a bet can be confusing. Exacta “Fair-Pay” Chart For this reason, Exacta Box horse racing betting is generally best left to experienced handicappers, or those who employ the services of a veteran handicapper. 9 Mr. Big News (45-1) Here are the payouts for the exacta, trifecta and superfecta: Exacta: 18-17, $2 exacta paid out $41. Exacta Box 1,2,3,4: $24 (12 combinations) Exacta Box 1,2,3,4,5: $40 (20 combinations) Exacta Box 1,2,3,4,5,6: $60 (30 combinations) Exacta Box 1,2,3,4,5,6,7: $84 (42 combinations) A $2 Exacta box on three horses costs $12, as it’s covering six combinations. With a Quinella bet, the whole amount is dedicated to the outcome that occurs, but the standard wager is $2, so the amounts even out in totality. Superfecta: 18-17-9-16, $0.10 superfecta paid out $792.58. Whether it’s a huge race or an unexpected win, an Exacta payout usually gives a decent return, which is why it’s one of the most popular bets. It’s an all or nothing gamble, which makes it difficult to accomplish but it’s easier than some of the other bets (such as Trifectas and Superfectas). Whether you’re placing your first bet or you’re an old pro, at AmWager we want every bettor to be successful! It gives us a better chance of winning, but it also costs more. When you 'box' a bet, this provides more than one option or way to win. For example, if you like the #1 horse and you have three horses you would like to play underneath, play a $1 exacta, 1 with 2, 3, 4. However, it’s very helpful when more horses are included in an exacta, trifecta, or superfecta box. The process of boxing horses is simple with a two-horse example. “We are not looking at the Belmont because the trainer thinks he needs more time to recover from the Derby and, with us, the horse comes first,” West said, per Kentucky.com. Dana Byerly. If you place a $2 exacta box with both combinations, that will cost you a total of $4, because it means that both combinations of showings can net you a payout rather than just one. The New York-bred horse finished the mile-and-a-quarter in 1 minute and 46.53 seconds, and crossed the line 3 3/4 lengths ahead of Dr Post. This means you have placed a $2 Exacta Bet on horse #2 to finish in first place (Win) and horse #7 to finish in second (Place). If you want to add to your Exacta “Box” you can also add in a third horse. Exactas were’t tracked until 1985, trifectas in 1995, and superfectas until 1996, so there is no reliable data on those bet types prior to those years. Why do some tracks offer both forms of wagering? The two horse exacta bets cost the same regardless of how the example wager is placed. $6,000 / 50 = $120, so each winning ticket returns $120. All of the money for Exacta Bets goes into one pool, that pool of money is distributed among the winning tickets. If the longshot runs first and the favorite runs second, your payout will go to the moon. Exacta "Fair-Pay" Chart (includes a 10% overlay amount added in) For exactas over $600 - you'll likely be paying immediate "signer" taxes, so you'd better make sure they are far higher than fair pay. 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