Exacta or Exactor

At the ticket window, pick the two horses that will finish in first and second place in the precise order. You win your bet when the horses that you select finish in second and first place in the precise order. The minimum amount that may be wagered is 1 but remember that payouts would be paid out at half since the chances are calculated in a $2 bet worth.
Exacta Box
Having an Exacta Box you will win your bet when the horses that you select finish in first and second place in either order with as many horses as you wish.Exacta boxes they’re the most popular method of playing exactas because they are easier to understand and extend the greatest possibility of cashing a ticket.
It’s necessary to note that this isn’t a wise gambling strategy simply because all the horses at the box don’t have exactly the identical chance of finishing first or second. Your ticket may cover out at a reduction.
Because exacta boxes speed each combination in the box as using the exact same probability of winning (that is not true ) they create a bias in the exacta betting pools. It’s this bias that smart bettors look for and try to make the most of.
Exacta Wheels
Decide on a horse to finish first or second and wheel it in the exacta, you cover each combination to ensure if your horse finishes in the second or first 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 in order for you to cash your ticket.
Or, if you think that the’key’ horse #3 has a better prospect of finishing second, you might play a $1 exacta wheel. In this event any horse in the race could win along with the 3 horse would need to finish second in order for you to cash your ticket.
In any event, in an eight-horse field it would cost you $7 as you are 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 played as part-wheels where you could play with a $1 exacta part-wheel horse #3 with two, 4, 5 (three potential winning combinations of 3-2, 3-4, 3-5) at a price of $3. Or you might play with the part-wheel another way, 2, 4, 5 (additionally 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 gambling exacta boxes.
Exacta Betting Strategies
Through handicapping you decide horse #5 includes a 50% probability of winning the race, horse #6 has a 20% probability of winning and horse #7 includes a 10% probability of winning. You will be spending $60 on this particular race.
Option 1.
You play an exactor box of 5-6-7 that is 6 exactas at $10 each.

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