How is Exacta payout calculated?
How is Exacta payout calculated?
The Fair Payoff for an Exacta equals the size of the bet, such as a $2 Exacta, multiplied by the (win horse’s odds-to-1) multiplied by the (place horse’s odds-to-1 plus 1). The odds are each horse’s going-off win odds.
What does a $2 Exacta pay?
If you place a $2 exacta box with both combinations, that will cost you a total of $4, because it means that both combinations of showings can net you a payout rather than just one. If you place a $2 bet on a combination of three horses, this will now set you back $12 instead of $4.
How much do you win on Exacta?
Other exacta combinations include:
| Exacta Box 1,2,3,4 | $24 (12 combinations) |
|---|---|
| Exacta Box 1,2,3,4,5 | $40 (20 combinations) |
| Exacta Box 1,2,3,4,5,6 | $60 (30 combinations) |
| Exacta Box 1,2,3,4,5,6,7 | $84 (42 combinations) |
How do Exacta bets work?
The Exacta bet in horse racing is a great place to start learning about exotic bets. This means you can win big for a small bet stake. The definition of an Exacta is to select the first two finishers in a horse race in exactly the right order.
How much is an exacta bet?
An exacta bet is a step up from a win, place and show bet. To place an exacta bet, you pick two horses to finish in first and second place. The horses have to finish in that order for you to win the bet. The minimum bet is $2.
How to calculate exacta payout?
2 Exacta tickets are bought for a race.
What is an exacta box bet?
About the Exacta Box Bet. An exacta is a horse racing bet that requires you to pick the first two finishers of a race in exact order. You must correctly identify the winner and the second-place finisher in order to cash this bet. It is considered to be one wager, and the winnings are paid from a separate pool.
How to calculate trifecta bets?
The formula for calculating any trifecta bet is: Trifecta combinations = (A x B x C) – (AB x C) – (AC x B) – (BC x A) + (2 x ABC) Where: A = Number of selections for 1st place. B = Number of selections for 2nd place. C = Number of selections for 3rd place. AB = Number of selections for 1st and 2nd place. AC = Number of selections for 1st and 3rd place.