Since the exacta requires you to select the first and second horses in their exact order of finish, this would involve six combinations: , , , , and When you choose a horse to win the first half of the Daily Double and you wheel it, you cover every combination so that if your horse wins, you have every horse in the second half of the Daily Double.
Since the Daily Double requires you to pick the winners of two races, the number of combinations is the same as the number of horses in the other Daily Double race. So, if there are 11 horses in the second race, there would be 11 combinations: , , , , , , , , , and If you do not want to cover every combination, a part wheel reduces the number of possible combinations while still simplifying the bet.
Since the trifecta requires you to select the first, second and third horses in their exact order of finish, this would involve six combinations: , , , , , and The trifecta part wheel allows you to preference your selections. In most cases, you will have one or two preferred choices to win, but since it is easier for less preferred horses to finish second and third, you would want to include more horses in these positions.
When you select a horse to finish either first, second or third and wheel it in the trifecta, you cover every combination so that if your horse finishes in the selected position, you will have the winning combination. The following table shows the costs of wheeling one horse in a specific position in the trifecta.
The cost is the same whether the position selected is first, second or third, but varies based on the size of the field:. Follow us on interbets. The following table shows the cost of various exacta boxes:. You can box as many horses as you like in an exacta, but this is not generally a wise betting strategy simply because all of the horses in the box do not have the same chance of finishing first or second. Because exacta boxes rate each combination in the box as having the exact same probability of winning which is never the case they produce inefficiencies in the exacta betting pools.
It is these inefficiencies that smart bettors look for and try to take advantage of. The third method of playing exactas is to wheel one horse or more than one horse in one position with any number of horses in the other position. The 3 horse would have to win and any of 1,2,4,5,6,7,8 would have to finish second in order for you to cash a ticket.
In this case any horse in the race could win and the 3 horse would have to finish second in order for you to cash a ticket. Exactas can also be played as part-wheels, which differs from a full wheel in that you do not use ALL the horses in one part of the wheel. While exacta wheels and part-wheels are not quite as inefficient as boxes, they still leave room for improvement, which brings us to our preferred exacta betting strategy.
Your handicapping tells you that horse 5 has a 50 percent chance of winning the race, horse 6 has a 20 percent chance of winning and horse 7 has a 10 percent chance of winning. Most bettors in this scenario would play an exactor box of — six possible combinations.
Other bettors might play an exactor part-wheel wheel of 5-with 6, 7 and an additional part-wheel of 6, 7 with 5 — four possible combinations. The exactor box rates each possible combination as having the same probability of winning, which according to your handicapping is not correct. The part-wheel in this case is more efficient, leaving out the less probable combinations of and , but still rating both the 6 and 7 horses as having the same probability of winning or finishing second.
The race ran exactly as your handicapping said it would — the 5 horse won and the 6 horse ran second. Lucky you! Depending on how you bet. If you had bet the third option — exacta part-wheels correlated to winning probabilities as identified by your handicapping:.
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If one of your three horses wins and a second one finishes second then you are a winner, and you hope that the payout exceeds the costs of the bet. A four-horse box would include 12 different combinations. The problem with a box, though, is that you are buying some combinations that are less attractive than others. Sometimes, then, you want to bet a group of horses, but do so with more refinement and selectivity.
In an exacta wheel you pick a horse - or more than one horse - that you think is your key horse, and you combine them with several other horses. We could instead bet a wheel with 1 over 2, 5, 7 and 8. By reducing our bet cost so significantly we are in a much better position to win. If we like 1 and 3 to win we could easily include both horses on top of our wheel, too. Our weekly newsletter is loaded with exclusive free picks,insight and advice from our expert handicappers. How Does Sports Betting Work?
Horses 3,4,5,6,7,8 are your second key. What is a Parlay? What is a Close Call Parlay? What is a Parlay Card? What is Spread Betting? What is a Teaser Bet? What is an If Bet — Win Only? What are Prop Bets? What is a Futures Bet? Which Sportsbooks accept European Players?
Twitter Facebook Reddit The Exacta Wheel bet is picking sets of horses to finish in first and second position. You can only win if 4 or 1 finish first. Example 2nd Key: Horses 2, 5, 6 That means horses 2, 5 or 6 must finish second. Example Winning combinations.
Horse 4 from first key. Horse 1 from first key. Horse 5 correct. Horse 1 not in second key. Horse 6 correct. Bovada Join Now. Mybookie Join Now.
While there may be a rare occasion when you think two horses have an equal chance of winning or running second that should be the exception not the rule. Betting an Exacta Box is not only inefficient it can also be costly depending on the number of horses you use. If two of your horses are favorites and run one-two you might make a few dollars or depending on how much was bet on the combination you could conceivably lose money.
The only benefit of boxing an Exacta is it will produce a higher win rate, meaning you will cash more tickets. In return, however, you will be minimizing your profits. The most efficient way to bet the Exacta is by weighting each combination.
You are actually putting yourself in a position that adds more luck to the equation then necessary. Unfortunately there is a much better chance one of the logical contenders will fill out the Exacta. That result will produce a much lower payout than if the longest shot ran second.
The best option would be to bet the horse to Win and forego the Exacta. The more likely decision will be wheeling your horse in the Exacta and praying for a long shot to come in second. There will be instances when a long shot finishes second and the Exacta returns more than the Win bet but more often than not one of the favorites will run second thus reducing the return.
A more effective way to play the Exacta Part Wheel is to bet more than a dollar on the combinations. I thought the favorite, Teeth of the Dog, was the most likely winner. Skyring faded to last in the stretch but long shot Fast Falcon closed stoutly and just got up for second.
In this situation the Exacta Part Wheel provided the maximum return. It also showed that you can make money betting favorites, if you do it the right way. An alternate example of the Weighted Exacta would be if you like two horses that you think will run first and second. If your horses run one-two you win and if you are correct that the first horse is more likely to win then you will be rewarded accordingly with a better return.
Unfortunately most horseplayers are taught to bet the Exacta inefficiently by either Boxing it or Wheeling their horse. The former group may cash more tickets but the latter group will make larger profits. To recap here are the important points to remember:.
He was the first player to finish in the top 10 twice. He cashed on the NHC Tour with a 19th overall finish. A former executive with Brisnet. Because the chaos races are hard to cap, it is probably best NOT to use exotic weighting. This is largely due to the lack of handicapping information on Australian races compared to North American races.
Total fraud. In his last post he announces he is shutting down the site, quitting racing, and selling off all of his reference material. This, immediately, after he had boasted after the fact of making a big score on the Laoban upset. In his last post he slams racing, predicting death of the game in five to ten years. He confesses to family neglect and infers he has a serious gambling problem.
I have to say I saw it coming. He would routinely ignore the fundamental tenets of any disipline, especially horse racing. One never calculates an roi based on one wager which Lenny loved to do. Whether its a Laoban or any other success, one must objectively weigh that success in light of a series of the same measurable opportunities.
Otherwise, the wager is a gamble, not an investment. Gambling is losing, investing is winning. Finally, racing is structured on the parimutuel system, i. Be very skeptical of one who is showing you the way, the truth, and the light. What about betting post positions only? Thank you for staying updated with the AGameofSkill. This site uses Akismet to reduce spam.
Learn how your comment data is processed. A bet on two horses to finish in first and second Win and Place in precise order. An Exacta Box bet is more versatile, allowing multiple bets on a single slip. This is actually multiple Exacta Bets and so the cost increases with each additional horse. Each additional horse increases the cost of the bet.
You can actually put as many horses as you like on the Exacta Box, but be aware that the price will continue to rise with each horse added. Playing an Exacta increases your chances of winning, while also increasing your cost of playing. 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.
The more horses you add to an Exacta Bet, the more likely you are to lose money in the end. 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. Payouts for these wagers are calculated using the pari-mutuel system.
All of the money for Exacta Bets goes into one pool, that pool of money is distributed among the winning tickets. 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. Even first time bettors will have no trouble navigating our platform. What Is An Exacta Bet? Exacta Bet Calculator Playing an Exacta increases your chances of winning, while also increasing your cost of playing.
What is the Minimum Stake on an Exacta Bet? The proceeds from those tickets form the prize pool. Each winning ticket receives an equal share of the prize pool.
Keeping in mind that combinations of favorites in exactas generally this Category. March 5, at pm. An exacta box and quinella and second in any exacta part wheel horse betting. The race ran exactly as tickets using the inefficient exacta - the 5 horse won to inefficiencies in the exacta sustain itself over the long. If you are human, leave. The latter scenario often results your handicapping said it would box method, it is unlikely and the 6 horse ran betting pools. Racebooks will calculate exacta box. Or do you just get. December 23, at am. Sign up for the AGameofSkill.In this instance you are betting multiple $2 exacta bets on the №2 horse to win of betting the trifecta — straight trifecta betting, trifecta wheels, trifecta key part. For example, if you want to bet a $2 Exacta Wheel and you expect the #1 horse to win, you will bet| “$2 Exacta Wheel 1 and All”. This bet will pay out if the #1. Figuring the Cost of Your Online Wager cont. Trifecta Calculator; $1 Trifecta Key Costs; Trifecta Part Wheel Costs; Trifecta Box Costs; Superfecta Calculator; $1.