A straight Exacta Bet is exactly as described above, two horses chosen for first and second place. An exacta box allows you to choose more horse combinations in a single bet, but makes that bet significantly more expensive. 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? It takes an astute punter to correctly select the first two horses across the line, in order, with limited selections.
Unfortunately, the more selections you include the more you will need to outlay for a full unit or dividend. Thankfully Flexi Betting allows punters to take a percentage of the full dividend, meaning they can outlay an amount in keeping with their budget by accepting a reduced percentage of the full dividend.
Correctly select the horses that finish 1st and 2nd, making any number of selections relative to field capacity for each position but with a minimum of two in at least one of these positions, typically you would have fewer selections for first and more selections for second.
The Exacta dividend is determined by totalisator pools, meaning you will typically receive whichever of the three Australian TABs or totes applies in your region. The Exacta will almost always pays out more than the Quinella due to the increased difficulty of selecting the horses in order. On occasions, small betting pools and strange results can occasionally lead to the opposite outcome but this is rare.
If you are betting with an online bookmaker you're best to consult their website for the rules surrounding their payouts on exotic bet types. Sign up to punters and receive a free copy of the punters bible Sign up.
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