how to bet an exacta
How to Bet an Exacta
Choose whether you want to place a Straight Exacta with two horses or a Banker or Combination Exacta with three or more horses. Select your horses‚ and click on 1st‚ 2nd or Any to specify where in your Tote Exacta you are betting for them to come. Once you have added all your desired horses to the betslip‚ enter your stake and place your bet.
Understanding Exacta Bets
Exacta betting is a solid wager when betting on horse racing. This guide has everything you need to know about exacta betting‚ from beginner tips to expert strategies. Keep reading to find out what an exacta bet is‚ learn about exciting combinations‚ see how to use the exacta box‚ how to place an exacta bet. Well help you master this horse racing bet!
An exacta bet requires you to pick the first two finishers in a race‚ in the correct order. It effectively combines a win bet with a place bet . Your two horse selections must finish in the exact order for you to win.
Example⁚ You bet on the Kentucky Derby with Catching Freedom to win‚ and Forever Young to place. You stake 10 on the exacta and youll win a greater share of the pari-mutuel pool if Catching Freedom beats Forever Young into second place.
This straight exacta bet is ideal for horse betting beginners. Exacta bets focus on the first two finishers in a race but‚ within that option‚ are various combinations that you can use to craft your ideal wager. You can keep things simple with a straight exacta‚ or you may find greater value in a more intricate structure. Here are the types of exactas you can place⁚
A straight exacta requires you to select two horses‚ A and B‚ to win and place. You back Horse A to win and Horse B to place. If this outcome happens‚ you win your bet.
Types of Exacta Bets
A boxed exacta allows you to back two horses to win and place‚ in either order. You make two bets⁚ 1) Horse A to win and Horse B to place 2) Horse B to win and Horse A to place.
Your stake doubles to cover both bets. If you wager 1 on a straight exacta‚ then a boxed exacta will cost you 2. Many horse racing betting experts create exactas where their main horse (Horse A‚ for example) wins and any other horse will place. A five-horse race would look like this⁚ AB‚ AC‚ AD‚ AE. A 1 stake here would cost you 4. The exacta wheel saves time by letting you bet AALL and placing four wagers at once.
You can choose more than two horses in an exacta. This is known as a combo‚ where you create multiple outcomes. If you cant decide between three horses which ones will win and place‚ then you can make six bets in a combo⁚ AB‚ AC‚ BA‚ BC‚ CA‚ CB‚ and multiply your single stake by six.
If you want to push more money on one horse‚ then you can weight your exacta.
Example⁚ Instead of placing 5 each on Horse A and Horse B‚ you could split 2 to Horse A to win and 8 on Horse B to place.
Exacta Betting Strategies
Strategies for Winning with Exacta Betting. When looking to land an Exacta‚ a new punter might find it easier to start in races with smaller fields. Also‚ fewer horses to study will allow a novice Exacta punter an easier opportunity to land a return. ... With an Exacta bet being a pool bet‚ the return you get for a winning selection will depend …
Betting an Exacta Box is not only inefficient it can also be costly depending on the number of horses you use. A two horse Exacta Box costs 2 (2 x 1 2) for each 1 bet‚ a three horse Exacta Box costs 6 (3 x 2 6) for each 1 bet‚ a four horse Exacta Box costs 12 (4 x 3 12) for each 1 bet and so on. It may seem like a good way to bet ...
Exacta Betting Strategy. The key to winning an exacta bet is all about applying a solid betting strategy to your wagers. Timing is essential‚ and you need to know when to use the betting market over more traditional win or place bets. Our strategy guide will highlight processes you can consider to make your exacta bets more profitable. 1.
Crafting Your Exacta Betting Strategy. Developing a successful exacta betting strategy requires analysis‚ discipline‚ and a touch of intuition. Heres how one can create an approach that increases their odds of winning⁚ Study the Form⁚ Data is king in horse racing. Bettors should pore over form guides for insights into the horses past ...
Calculating Exacta Payouts
In order to calculate an exacta payout you need to know⁚
- The amount of money in the exacta pool
- The amount of money wagered on your exacta combination
You want to know this information because most horse racing betting sites operate pari-mutuel wagering systems‚ instead of fixed odds betting. In pari-mutuel betting pools‚ all the money staked on a race goes into one place. The sportsbook then takes its cut‚ and the rest is split between all winning bets.
Example⁚ You bet on Horse A to win and Horse D to place in a straight 2 exacta. There is $2000 in the overall pool‚ but just $20 wagered on that combination. Horse A wins and Horse D places‚ so you win your bet. The odds of the A-D exacta is 100 to 1‚ since 2‚000 divided by 20 is 100. Your $2 bet on this exacta returns $200.
There is no guarantee that your TV network or sportsbook will show you the live odds but‚ if they do‚ then you can quickly determine your exacta odds.
At some point before a race‚ you might see a screen that looks something like this⁚
Tips for Successful Exacta Betting
Newcomers to horse racing will benefit from these exacta betting tips when shaping your upcoming bets. These tips are designed to introduce you to the basics of exacta wagering‚ so you can bet with more confidence.
- Study the Winner Odds
The winner odds will show you which horses the public think are favorites and outsiders. You can use these odds to shape your exacta and estimate your returns. - Choose Your Horses Before Your Positions
Bettors can sometimes get weighed down in worrying about what positions to allocate to their horses. In doing so‚ they forget the initial step of choosing the right horses. We recommend taking your time looking through your chosen racebook and examine the form and conditions of each horse before making your selection.
Only after choosing your horses should you think about the positions. If you’re confident with your picks then you might want a straight exacta. Or‚ a box exacta may be more suitable if you can’t decide which selection will win and which will place. - Don’t Go Overboard with Selections
Remember that your stake will rise with every selection you make. If you choose a box exacta with four selections‚ then your $1 bet will expand to $8 in total.
Alongside these exacta tips‚ we recommend reading our horse racing betting tips guide to get the latest advice ahead of the next big race.