Horse Betting: What is an Exacta?
Exacta or Exactor
At the ticket window, then pick the two horses that will finish in first and second place in the precise order. You win your bet if the horses you select finish in second and first position in the EXACT order. The minimum amount which can be wagered is $1 but keep in mind that payouts could be paid out at half as the chances are calculated at a $2 bet worth.
Exacta Box
With an Exacta Box you’ll win your bet when the horses that you select finish in second and first place in order with as many horses as you wish.Exacta boxes they are the most popular method of playing exactas because they are simpler to understand and offer the best possibility of cashing a ticket.
It’s important to note that this is not a wise gambling strategy only because each one the horses in the box don’t have exactly the same chance of finishing first or second. Your ticket may cover out at a loss.
Since exacta boxes rate each mix from the box as having the exact same odds of winning (that is never true ) they create a bias in the exacta betting pools. It’s this bias that smart bettors search for and try to take advantage of.
Exacta Wheels
Pick a horse to finish first or second and wheel it in the exacta, you pay each combination to ensure if your horse finishes at the second or first position, you’ll have the winning combination.
For instance, 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 any of 1,2,4,5,6,7,8 would need to finish second in order for 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 event any horse at the race could win along with the three horse would have to finish second to allow 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 betting 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 performed as part-wheels in which you might play with 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 another way, 2, 4, 5 (also three possible winning combinations of 2-3, 4-3, 5-3) at a cost of $3. Part exacta wheels reduce some of the prejudice of betting exacta boxes.
Exacta Betting Strategies
Through handicapping you decide horse #5 includes a 50% chance of winning the race, horse #6 includes a 20% probability of winning and horse #7 includes a 10% chance of winning. You’ll be spending $60 on this particular race.
Option 1.
You play with an exactor box of 5-6-7 that is 6 exactas at $10 each.
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