Question: How Is Exacta Payout Calculated?

How are Exacta odds calculated?

To calculate an exacta payout for example, you would take the total $ in the pool, less the enormous track takeout, divided by the number of winning tickets.

How is trifecta payout calculated?

The amount you win is calculated by dividing up the pool of money* that the entire betting community spent on trifectas in a race by the amount of correct $1 bets. Therefore, if you place a $5 Trifecta bet, you�۪ll have five shares in the winning Trifecta pool.

How does an exacta payout?

Exacta or Exactor

You win your bet if the horses you pick finish in first and second place in the EXACT order. The minimum amount that can be wagered is $1 but keep in mind that payouts would be paid out at half as the odds are calculated at a $2 bet value.

What does a $2 exacta pay?

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). 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).

How do you win an exacta box?

a $1 Exacta Key Box: 1/3,7 would cost $4 and is made up of two exatca box bets of 1 & 3 and 1 & 7 (the 1 must finish in the first two positions to have any chance of winning, and either 3 OR 7 must also finish in the first two)

How does an exacta bet work?

The exacta requires you to select the first two finishers in order. Boxing lets your selections come in any order and still win. The exacta usually offers higher payoffs than win, place, or show wagers, but less than the trifecta, superfecta, high-5, or multi-race bets involving 3 or more races.

How much does a $2 trifecta cost?

Trifecta Box Costs:

$1 Trifecta Box with three horses$6 (6 possible combinations)
$1 Trifecta Box with four horses$24 (24 possible combinations)
$1 Trifecta Box with five horses$60 (60 possible combinations)
$1 Trifecta Box with six horses$120 (120 possible combinations)

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How much is a $10 trifecta box?

Below are the calculated costs of $1 Trifecta boxes: $1 Trifecta box of 3 horses = 6 possible combinations = $6. $1 Trifecta box of 4 horses = 24 possible combinations = $24. $1 Trifecta box of 5 horses = 60 possible combinations = $60.

How much can you win on a trifecta bet?

As its prefix implies, the Trifecta requires a bettor to select the top three finishers in exact order. Once a wager that required a lot of capital ($2 minimums or $1 minimum boxes were common not that long ago), the Trifecta now can usually be bet most anywhere for as little as 50 cents per combination.

What is a boxed exacta?

An exacta box is where you can select any number of horses to finish 1st or 2nd, and the runners can finish in any order. However, there is a catch; an exacta box costs more than a normal exacta bet.

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

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. The cost of a $1 exacta box correlates directly to the number of horses and possible combinations in the box.

What is an exacta wheel bet?

A Full Wheel bet is choosing a specific horse to come in a specific place and betting all of the remaining horses on the field for the other places. 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”.