Exacta or Exactor
At the ticket window, then choose the two horses that will finish in first and second place in the EXACT order. You win your bet if the horses you select finish in second and first place in the EXACT order. The minimum amount which can be wagered is 1 but remember that payouts could be paid at half as the odds are calculated at a $2 bet worth.
Exacta Box
Having an Exacta Box you’ll win your bet when the horses you select finish in first and second place in either order with as many horses as you wish.Exacta boxes they are the most popular way of playing exactas because they are simpler to understand and offer the greatest possibility of cashing a ticket.
It’s necessary to note that this is not a wise betting strategy only because all of the horses in the box don’t have the same prospect of finishing first or second. Your ticket may cover out at a loss.
Since exacta boxes rate each combination from the box as using the specific same probability of winning (which is not the case) they create a bias in the exacta betting pools. It’s this bias that smart bettors search for and attempt to make the most of.
Exacta Wheels
Decide on a horse to finish either first or second and wheel it in the exacta, you pay every combination to ensure if your horse finishes at the first or second place, you will have the winning combination.
For example, if you were to play a $1 exacta wheel with a’key’ horse of #3 to come first, the 3 horse would need to win and some of 1,2,4,5,6,7,8 would need to complete second to allow you to cash your ticket.
Or, if you believe the’key’ horse #3 has a better chance of finishing second, you could play a $1 exacta wheel. In this case any horse in the race could win and the three horse would need to finish second in order for you to cash your ticket.
Either way, in an eight-horse field it would cost you $7 because you’re wagering 7 separate $1 exactas gambling horses 3-1, 3-2, 3-4, 3-5, 3-6, 3-7, 3-8 or horses 1-3, 2-3, 4-3, 5-3, 6-3, 7-3, 8-3.
Exactas can also be played as part-wheels in which you could play a $1 exacta part-wheel horse #3 with two, 4, 5 (three potential winning combinations of 3-2, 3-4, 3-5) in a cost of $3. Or you might play with the part-wheel the other way, 2, 4, 5 with 3 (also three possible winning combinations of 2-3, 4-3, 5-3) in a cost of $3. Part exacta wheels reduce some of the prejudice of betting exacta boxes.
Exacta Betting Strategies
Through handicapping you determine horse #5 has a 50% probability of winning the race, horse #6 includes a 20% probability of winning and horse #7 includes a 10% chance of winning. You will be spending $60 with this race.
Option 1.
You play an exactor box of 5-6-7 that will be 6 exactas at $10 each.
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