|
CLICK
HERE TO BET ON HORSES AT A RACEBOOK THAT GIVES YOU A 30% SIGN
UP BONUS
How to bet on horses – Exotic
Wagering – Exactas and Quinellas
By Kenneth Strong
Betting Exactas and Quinellas
Exactas and quinellas give you a chance to make
a good score in races that might otherwise be unplayable. This
is due to the fact that while the horse you like might represent
poor value in the win pool, it can still be excellent value in
the exacta and quinella pools – if you can find the right horses
to combine with it.
Exactas require that you pick the first and second
place finishers in exact order. Quinellas require that you pick
the first two finishers in either order. A $2 straight exacta
4-5 requires that horse #4 finish first and horse #5 finish second.
A $2 exacta box 4-5, represents two combinations, 4-5 and 5-4,
but costs $4, twice as much as a straight exacta. A $2 quinella
4-5 also pays off on the combinations of 4-5 and 5-4, but at half
the cost of the exacta, it usually pays half as much.
Similar to win betting, the key to betting exactas
and quinellas is finding value. Prime betting opportunities for
exactas and quinellas occur when horses are overbet in the win
pool. Also similar to win betting, if an exacta or quinella payoff
listed on the tote board before the race is lower than you think
it should be, it represents poor value and should probably be
left alone.
The worst value in exacta betting is usually
the favorite on top (in the win spot) with the second and third
choices on the bottom (in second place). These types of combinations
often pay lower than they should. Another type of exacta bet that
often pays less than it should is the combination of two longshots.
While multiple-horse exacta boxes are thought
by many handicappers to be poor wagers, due to money being wasted
on combinations that have little chance of winning, there is a
situation when these types of bets can be very lucrative. If you
determine that a favorite has a good chance of running worse than
second in a race in which the secondary contenders are also weak,
you can make some good scores using multiple-horse exacta boxes.
Other types of exacta combinations that represent
good value include favorites on the bottom, and combinations of
medium priced horses. The latter almost always produces payoffs
higher than it should. If you have determined the favorite has
a good chance of finishing worse than second, try playing some
boxes of medium priced horses with smaller saver combinations
including the favorite on the bottom of the exacta.
Quinella betting involves slightly different
yet still lucrative strategies.
CLICK HERE TO BET ON HORSES AT A RACEBOOK THAT
GIVES YOU A 30% SIGN UP BONUS
Most people think because a quinella costs half
the price of an exacta for the same number of combinations, it
will pay 50 percent less. While this often the case, you can take
advantage of this thought pattern to make money in situations
that include: combinations of longshots, combinations of low-odds
contenders, and overbet favorites combined with underbet contenders.
In races where both exactas and quinellas are
offered, sharp handicappers will play both wagers profitably by
combining underbet horses on top of overbet horses in the exactas
and combining the same horses in quinellas. If the overbet horse
does happen finish first in the exacta, the exacta will pay lower,
but the quinella will often pay more than 50 percent of the exacta
price. Combinations of low-priced contenders in quinellas also
pay more than 50 percent of the exacta payoff on a regular basis.
Pairs of longshots in the exacta are often overbet,
which produces lower payoffs than expected, while pairs of longshots
in the quinella are notoriously underbet, leading to some lucrative
scores.
Combinations of horses in exactas and quinellas
can be bet in two ways, with boxes and wheels. Quinellas require
a minimum bet of $2 per combination while exacta boxes and wheels
are usually offered starting at $1 per combination.
The cost of an exacta wheel combining one horse
on top with five horses on the bottom is the number of horses
in the second spot multiplied by the amount of your wager per
combination.
A $1 exacta wheel - 3 with 4,5,6,7,8 would be
calculated as 1 * 5 *$1 = $5.
Keep in mind that if you bet $1 exactas you will
only get half of the payout normally shown on most tote boards
– which is for a $2 payoff.
Similar to the exacta wheel except for the amount
wagered, the cost of a $2 quinella wheel - 3 with 4,5,6,7,8 would
be calculated as 1 * 5 * $2 = $10.
To calculate the cost of a $1 exacta box you
multiply the number of the horses in the box by the number of
horses in the box minus one. For example, a $1 exacta box 4,5,6,7,8
(five horses) would be calculated as 5 * 4 * $1 = $20.
To calculate the cost of a $2 quinella box you
multiply the number of the horses in the box by the number of
horses in the box minus one. The $1 amount (or 50 percent of the
wagered amount per combination) is still used to calculate the
total amount of the wager, because the horses can finish in either
order in the quinella. For example, a $2 quinella box 4,5,6,7,8
(five horses) would be calculated as 5 * 4 * $1 = $20 and a $10
quinella box 4,5,6,7,8 would be calculated as 5 * 4 * $5 = $100.
For more information on horse betting
• How
to Bet
• Horse
Betting Glossary
• Horse
Betting Articles and News
• Types
of Bets
• Win
Place Show
• Trifecta
Betting
• Superfectas
• Betting
Horses
• Payouts
|
