Picking the order correctly is what distinguishes an Exacta from a Quinella , with the latter requiring the punter to pick the first two horses home, in any order. 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.
Exotic wagers are more difficult but typically pay off better than traditional bets. Many people will box Exactas, Trifectas and Superfectas in order to make it easier to hit a winning ticket. Boxing the bet simply means you are playing all combination of the horses you selected, so that you win when they come in any order.
In the example given above you only win if the 3 wins and 5 finishes second. If you box the exacta, you win if they finish 3, 5 or 5, 3. In the boxes below are examples of what boxing an exotic wager will cost depending on the number of horses you use in your box. A key bet can be applied if you have a strong preference for one horse. You can key a horse in a Trifecta or Superfecta wager instead of boxing to save money.
What is an Exacta? Share this article. Copy link Email link. To win an Exacta bet, you must correctly predict the 1st and 2nd placegetters. There are many ways to place an Exacta bet, with punters being able to choose from a minimum of two runners up to a maximum of the field. Confident tthat there's a stnadout selection in a particular race? Then a Banker Exacta could be profitable angle. If your Banker finishes 1st and one of your other runners finishes 2nd, the Exacta bet will pay. If one or more of your runners are declared non-runners or are scratched after you have placed your bet, the money will be refunded on every combination that includes the scratched selection.
Can an Exacta bet be placed on sports? How to place an Exacta bet? How much can an Exacta bet pay? How much does an Exacta bet cost? Top Betting Sites. Quinella The quinella is one bet on 2 horses. This happens when a favorite is paired with a longshot.
A winning longshot followed by a heavy favorite would pay more than the reverse result. An Exacta Wheel bet is picking sets of horses to finish first and second. Each set is called a key. Each key contains 1 or more horses. Exacta Full Wheel — Put one horse in the 1st key with all other horses in the 2nd key.
Alternatively, wheel 1 horse in the 2nd with all others in the 1st. Exacta Part Wheel — Put one or more horses in the 1st key with your own set of horses in the 2nd key. The part wheel does not include all other horses. A horse can be included in multiple keys. This is common for heavy favorites. They are more likely to finish in the top 2 than a longshot. An exacta wheel bet requires a specific finishing order from 2 sets of horses. Note that an exacta box bet requires any order of 3 or more horses.
Your exacta wheel bet wins if a horse from the 1st key finishes first and a horse from the 2nd key finishes second. This calcuation is more complicated because the same horse can included in multiple keys. Racebooks will calculate your exacta wheel cost automatically. Racebooks will calculate exacta wheel cost for you.
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