What does a $2 Exacta pay?

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. If you place a $2 bet on a combination of three horses, this will now set you back $12 instead of $4.

How does an Exacta payout?

The Fair Payoff for an Exacta equals the size of the bet, such as a $2 Exacta, multiplied by the (win horse’s odds-to-1) multiplied by the (place horse’s odds-to-1 plus 1). The odds are each horse’s going-off win odds.

Is Exacta a good bet?

When the two favorites come first and second in a race, there’ll be lots of winning Exacta tickets. That means a much lower payout. And the payouts are lower in races that attract less betting interest too. Nonetheless, even an average Exacta payout represents a good return.

What is a perfecta in horse racing?

An exacta bet, also sometimes known as a perfecta or “straight forecast”, is a wager on two horses to finish in first and second place in that exact order. As an example, a bettor may like the looks of Horse #2 and Horse #6 in a race and place a straight exacta on them to finish in that order.

How much does a $2 exacta box cost with 3 horses?

The formula for calculating the cost of an exacta box is (horses in box x (horses in box minus 1) x dollar amount of bet). A $2 box of two horses would be (2 x 1 x 2) = $4. A $2 box of three horses would be (3 x 2 x 2) = $12. A $2 box of four horses would be (4 x 3 x 2) = $24.

How do you bet the top 3 horses?

If your horse finishes 1st, you win all three bets. If your horse finishes 2nd, you win on the Place and Show bets. If your horse finishes 3rd, you win on the Show bet.

What does 20 to 1 odds pay?

For example, 6-5 means you will get $6 in profit for every $5 you wager, while 20-1 means you get $20 in profit for every $1 you wager. In the latter example, a bet of $2 means you would get $42 back for a winning wager.

How much is a $1 exacta box with 3 horses?

For example, if you choose three horses in a boxed exacta, any two of your horses need to finish first and second – but you now have six possible combinations, so a $1 boxed Exacta will cost you $6.

What is a 3 horse exacta box?

The Exacta Box means your selections can finish first or second in any order. When using three or more horses in your Exacta Box, any two of your horses must finish first and second.

What is the safest bet in horse racing?

Again, if the horse comes in first or second, you will not win any more money than if the horse finishes third. This is the safest of the straight bets but also offers the smallest return. If you are confident the horse will finish better than third, you would have a larger return placing a Win or Place bet.

What is a quinella bet?

The definition of a Quinella bet is fairly straight forward: select two horses to finish one and two. As long as those are the first two finishers – in either order – you’re a winner! Yes: this is the same bet as an Exacta Box, but it’s a separate betting pool, so there is a different payout on Quinella betting.

What is a perfecta?

: a bet in which the bettor picks the first and second place finishers in order — compare quiniela, trifecta.

What is a trifecta bet?

A trifecta is a parimutuel bet placed on a horse race in which the bettor must predict which horses will finish first, second, and third, in the exact order.