Many bettors are confused by the gap between the Quinella and the Exacta. They are the same bet- so what would make you choose one? For many years the minimum bet about the Exacta was just $ 2 to the Quinella, and $5. It had been much to bet an easy $2 for get the wager that was 10 to ship the Exacta. Now with the Exacta and also the Quinella with the minimum wager it is a little harder to choose which wager is the wager.
Are they really the same wager?
From the Quinella wager the bettor will choose two horses in a hurry. These horses must come in second and first place doesn’t matter. The bettor is betting the horses to come in an order. “Boxing” that the Exacta is basically a secondary wager, doubling the price of the bet and gambling the reverse order of this Exacta wager. Quinella and Exacta Box are identical If it comes right down to if they pay out.
What’s the difference?
The Quinella is one wager, although the Exacta Box is just two. Should you bet a $2 Quinella, the price of the ticket is 2. The purchase price of the ticket will be $4, if you bet a $ 2 Exacta Box. The prize pools of both of these bets are different, therefore the other will not typically pay out greater than one. Another cost is that from each wager placed a percentage will be taken by the track. This percentage varies depending on where you put your bets, but normally the take out is higher in a Exacta Box because it’s two bets in a single, in which the Quinella is one wager.
How do I know which bet to place?
The prize pool in the Quinella is typically more compact than the Exacta, but that doesn’t automatically mean that you should wager the Exacta. There’s a really quick formula that will help you decide which bet you should play.
Decide what your expected premiums will be, When you’ve chosen your horses. Will be on your race program and the track odds. Once you have this information it straightforward to plug it.
Q/E + Q/EB <1> 1
Where Q is the expected Quinella payoff, E is the expected Exacta payoff, and EB is the expected reverse-Exacta payoff (the Exacta Box).
We’ll say with this case Horse #1/Horse #2 Quinella will pay $15. The Horse #1/Horse #2 Exacta will pay $20 and the Horse #1/Horse #2 reverse-Exacta (Exacta Box) will cover $50. You plug this info in, which would be
$15/$20 + $15/$50 = 1.05
If they bet Quinella, because this result is greater than 1, the bettor is anticipated a payout.
Things to Understand
Since until the race starts, the odds can change parimutuel gambling is exciting. This formulation is a tool that is handy, but the odds change frequently and payouts may end up higher or lower than initially calculated.