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All of the most common terms used in Horse Betting
or thoroughbred Wagering that we here at wager on
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Exacta With this bet you must pick the first two
finishing horses in the order of their finish. In
other words, you must pick the horse that wins and
the horse that finishes second.
A "box" on two or more horses in a race
means taking all the possible combinations of those
horses in each place of finish. If you have determined
that two horses are the best in the race but you
are not sure which one will win and which one will
finish second, then the safest bet is to do the
exacta box. You can box more than two horses, but
it is very important to remember that with each
additional horse you add to the box that the cost
of the wager goes up substantially. The formula
for calculating the cost of an exacta box is (horses
in box x (horses in box minus 1) x dollar amount
of bet). A $2 box of two horses would be (2 x 1
x 2) = $4. A $2 box of three horses would be (3
x 2 x 2) = $12. A $2 box of four horses would be
(4 x 3 x 2) = $24. As you can see the cost of the
exacta box increases greatly with each additional
horse. Also remember that you can wager a $1 exacta
box. This reduces the amount of your wager by 50%
but also reduces your earnings by 50%.
If you are confident in a horse winning a race,
but may have several choices as to the second place
finisher, you may elect to do an exacta wheel. If
for example, you think the #4 horse is going to
win and either the #2, #5, #7, or #10 horse will
finish second, you could place the following wager:
($2 exacta wheel the 4 WITH the 2, 5, 7, 10). Following
the same formula for calculating the cost of the
exacta wager as above we have (1 x 4 x 2) = $8.
So it will cost you $8 to do an exacta wheel with
one horse to win and any one of four horses to finish
second. Another point to note is that some horses
do not like to win. They allow other horses to pass
them without making an extra effort to win the race.
This can easily be determined by simply looking
at their past performances. If for example, their
racing record indicates that they have won one race
and have finished second six times, you may want
to place multiple horses in the win column and this
"seconditis" horse in the place column.
The previous wager might be ($2 Exacta Wheel the
2, 5, 7, 10 WITH the 4).
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