There is payout data going all the way back to 1908 for the Derby. 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.. 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? Longshot No. $2 Exacta Wheel and Part Wheel: Choose one or two horses in first position, and cover multiple other horses in second position. 50 of the tickets sold have the correct finishing order of the first two horses. 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. Many tracks have what is known as a $1 exacta box as well. Here is how to read this formula. If two horses who are heavily favored to compete, you’ll likely win less than $12 on a winning ticket. Exacta Payout Chart: Superfecta* Select the 4 horses that will finish in 1st, 2nd, 3rd and 4th place (in exact order) $324: $650,248 : Superfecta Payout Chart: Probability of Winning Racetrax Bonus.
Some players require far more – up to double the “fair” payout (so 90% more than the prices given below). The beginning of a horse race is so exciting because it’s anyone’s game. If you or someone you know has a gambling problem and wants help, call 1-800 GAMBLER. If either prediction is wrong, the bet is off. Most tracks have a minimum price for exactas. You might want to consider holding out for a 50% overlay – which would be 40% higher than the figures given. 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 … Good luck at the track! 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. For example, you can bet on horse #2 and #7 and you win whether it’s a #2 Win – #7 Place, or #7 Win – #2 Place. Of course, the track will take out its portion before the prize pool is calculated so the payout wouldn’t be exactly $120. For a full $1 unit, this bet will cost $60. In an exacta key, you start with one horse that you think will finish first, and then pick several horses to run second. Each exotic betting pool pays out differently based on how much money was bet. The correct 4-9 exacta combination paid out $75.60 on a $2 wager.
It helps, and it’s a race we really enjoy.”. Payouts for exotic bets can be huge for the Kentucky Derby. where Q is the expected Quinella payoff, E is the expected Exacta payoff, and EB is the expected reverse-Exacta payoff (the Exacta Box). But still, a $100 return on a $2 bet is amazing odds. the average Exacta payoffs for All Weather Surface races, real dirt races and turf races based on the win odds of the actual winning horse. We’ll say with this example Horse #1/Horse #2 Quinella will pay $15. Each additional horse increases the cost of the bet. 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. A box exacta is calculated by multiplying the number of selections for first by the number of selections for second, minus one. 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. Option 3. This is actually multiple Exacta Bets and so the cost increases with each additional horse. Tell the clerk you'd like exacta box 1, 2, 3 (or whichever horses you selected). 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. Who won the 2020 Preakness race? 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. A $2 exacta box with 1 and 2 horses would cost you $4. 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. The two horse exacta bets cost the same regardless of how the example wager is placed. 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