How does an exacta box payout?

What does $2 straight exacta on horses 3-5 mean?

$2 Straight Exacta on horses 3-5 means you are betting $2 that horse 3 will finish first and horse 5 will finish second. 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.

Why do exacta boxes cost more than straight exacta?

The exacta box costs more than a straight exacta because you must pay for each possible finishing combination. H = Total number of horses being boxed. C = Cost per Combination, usually $2.

How do I book an exacta in horse racing?

Go to the betting window and tell the clerk which track and race you wish to bet on Tell the clerk you’d like exacta box 1, 2, 3 (or whichever horses you selected). Most tracks have a minimum price for exactas.

What are the different types of exacta betting?

There are basically three different exacta wagering options, some more efficient than others. The first exacta wagering option is the straight exacta bet, generally offered in minimum denominations of $2. A $2 straight exacta bet 3-4 would require that horse 3 win the race and horse 4 finish second in order for you to cash a winning ticket.

What is the difference between an exacta and straight exacta?

As long as they claim the top two spots you are a winner and will receive a payout. Unlike a straight exacta the exacta box is considered to be two separate wagers on one ticket. If you win the bet one of those tickets will automatically lose. The cost of an exacta box is twice the amount that you would pay for a straight exacta.

How much is an exacta box of horses?

The second and most popular exacta wagering strategy is an exacta box combining 2 or more horses to finish first or second in either order. Generally offered in a minimum denomination of $1, an exacta box of horses 3-4 would represent 2 possible combinations – 3-4 and 4-3, at a cost of $2.

What is the difference between a quinella and an exacta box?

The Quinella is one bet, while the Exacta Box is two. If you bet a $2 Quinella, the price of the ticket is $2. If you bet a $2 Exacta Box, the price of the ticket will be $4. The prize pools of these two bets are different, so one will typically pay out higher than the other.

What are $1 exacta boxes?

For example, a $1 exacta box of 3 horses (2-3-4) represents 6 possible $1 winning combinations that include 2-3, 2-4, 3-4, 3-2, 4-2 and 4-3. While any of these combinations would allow you to cash a ticket, keep in mind that your payout would be only half of the actual $2 straight exacta payout, because you played a $1 box.

What is a straight exacta bet?

The Straight Exacta bet is the same as defined above. It is a bet on two horses to Win and Place (finish in first and second) in a precise order. An Exacta betting slip would be displayed in the following fashion: $2 Exacta (2-7).

How much is a $2 exacta box on 3 horses?

A $2 Exacta box on three horses costs $12, as it’s covering six combinations. A $2 Exacta Box on four horses would cover 12 combinations and cost $24.

What is a trifecta in horse racing betting?

The Trifecta is one of the oldest bets to be offered at the race track. It followed the Daily Double and Exacta as the very first exotic bets offered to horse race bettors. In the Trifecta you must pick the first three finishers of a race in exact order.

What are exacta odds in horse racing betting?

Like all horse racing wagering, exacta betting odds are part of the pari-mutuel wagering system. With this system, your final odds are based on all the bets on the that race. This is opposed to fixed-odds wagers in other sports, where you lock down the odds at the time of the bet and they won’t change for you no matter what other bets are placed.

What is the difference between an Exacta Trifecta and superfecta?

The main difference between an exacta, trifecta and superfecta is the amount of horses you’ll be required to bet on during a single horse racing event. With an exacta, you will need to select two horses to finish in first and second position, in that exact order as well.

What is a Tote Exacta bet?

A Tote Exacta bet requires you to pick the first and second horses to finish in a race. This can be a straight Exacta or a reverse Exacta. Minimum total stake for an Exacta bet is 50p. How do Tote Exacta bets work? Aim for a big dividend payout by finding the first two horses to finish in any race.

What is the difference between Quinella and exacta in horse racing?

In a quinella wager, the bettor only needs to pick two horses to finish in first and second place, but the order does not matter. Thus, an exacta bet is more difficult to win relative to a quinella, but it also provides bigger potential payouts.

Is the quinella worth the wagering value?

But that doesn’t mean there are not times when the quinella can offer some wagering value. The key element here is that if you settle on two horses and they finish 1-2 in the quinella there are more winning tickets than when you box those horses in the exacta.

What does exacta box mean in horse racing?

In the Exacta, the bettor is betting the horses to come in an exact order. “Boxing” the Exacta is essentially a secondary bet, doubling the price of the wager and betting the reverse order of the Exacta wager. When it comes down to when they pay out Exacta Box and Quinella are identical.

What is the difference between a quinella and exacta box?

So, if you wager $2 on a quinella that is the total cost of the bett. If you bet $2 on an exacta box, the price overall is $4. Lastly, remember that these are two different betting pools and so will payout differently. How Do I Place a Quinella Online? Now you know what is a quinella bet and what is an exacta box, you want to wager online.

How much does an exacta cost in horse racing?

Most race tracks offer the exacta bet for a minimum of $1. The $2 exacta is the most common form of the bet, but you can play it for any amount of money that you like. An exacta was one of the first exotic bets introduced in horse racing. It was followed by the Daily Double and other bets which give bettors a chance to maximize their winnings.

How much is an exacta box worth?

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. The minimum amount that can be wagered is $1 per combination. So a 2 horse exacta box at $1 will cost a minimum of $2.

What is exacta betting in the Kentucky Derby?

Check out our top rated Kentucky Derby Betting Sites! An Exacta bet, also referred to a Exactor or Perfecta, is one where the bettor picks two horses to finish in the first and second place positions (Win and Place), in an exact order. Both horses must finish in the chosen order, or the bet is lost.

What is a straight exacta in horse racing?

Straight Exacta Horse Racing Betting. The Straight Exacta bet is the same as defined above. It is a bet on two horses to Win and Place (finish in first and second) in a precise order. An Exacta betting slip would be displayed in the following fashion: $2 Exacta (2-7).