How
to Bet Exotic Wagers on Horse Racing
There are multiple wagering options beyond
placing Win, Place and Show wagers. These
exotic wager types include Exacta, Daily Double,
Quinella, Trifecta, Superfecta, Pick 3, Pick
4, Pick 5 or High 5 and Pick 6.
With exotic wagers, you have the option of
playing them by “boxing” a number
of horses, “keying” on a specific
horse or “wheeling” or “part
wheeling” a horse. These types of wagers
allow a greater flexibility in placing wagers
and managing a player’s bankroll.
Daily Double - The daily
double involves picking the winning horse
in two designated consecutive races. To win
a daily double you must pick the winning horse
in each of the two races. Multiple combinations
can be used when playing the double. Wheeling
and keying horses in any leg of the daily
is allowed. All tracks offer the early daily
double which involves races 1 and 2. Some
tracks also offer a late daily double which
is the last two races of the day. Some tracks
also offer a rolling daily double which is
on any two consecutive races. The wager must
be made prior to the start of the first half
of the daily double.
Quinella - To win the Quinella
wager, you must pick the horses that finish
first and second in a single race. Either
one can be first and the other one second.
This bet is exactly the same as the "Exacta
Box". Although the Quinella has the same
function as the "Exacta Box" the
payoff can vary substantially. Quinella wagers
are entered into their own pool. Not all tracks
offer the Quinella wager.
Exacta - To win the Exacta
wager, you must pick the first two finishing
horses in the exact order of their finish.
In other words, you must pick the horse that
wins and the horse that finishes second. A
popular way to wager with the Exacta is to
“box” the horses selected. You
may select any number of horse to “box”
for an Exacta wager.
| EXACTA
WAGERING
|
Minimum
Costs
(Based
on a $2 Ticket - Full Payoff)
|
Minimum
Costs
(Based on a $1 Ticket - 1/2
Payoff) |
Straight
Bet |
$2.00 |
Straight
Bet |
N/A |
2
Horse Box |
$4.00 |
2
Horse Box |
N/A |
3 Horse Box
|
$12.00 |
3 Horse Box |
$6.00 |
4
Horse Box |
$24.00 |
4
Horse Box |
$12.00 |
5 Horse Box
|
$40.00 |
5 Horse Box
|
$20.00 |
6
Horse Box |
$60.00 |
6
Horse Box |
$30.00 |
7 Horse Box
|
$84.00 |
7 Horse Box |
$42.00 |
8
Horse Box |
$112.00 |
8
Horse Box |
$55.00 |
9 Horse Box
|
$144.00 |
9 Horse Box |
$72.00 |
10
Horse Box |
$180.00 |
10
Horse Box |
$90.00 |
11 Horse
Box |
$220.00 |
11 Horse
Box |
$110.00 |
12 Horse
Box |
$264.00 |
12 Horse
Box |
$132.00 |
|
Trifecta - With this bet
you must pick the first three finishing
horses in the order of their finish. In
other words, you must pick the horse that
wins, the horse that finishes second and
the horse that finishes third. Tracks that
conduct Trifecta wagers allow “keying”,”wheeling”
and “boxing” of this wager.
Superfecta - With this
bet you must pick the first four finishing
horses in the order of their finish. In
other words, you must pick the horse that
wins, the horse that finishes second, third,
and fourth. Tracks that conduct Superfecta
wagers allow “keying”,”wheeling”
and “boxing” of this wager.
|
TRIFECTA
WAGERING
|
SUPERFECTA
WAGERING |
Minimum
Costs |
Minimum
Costs |
Straight
Bet |
$2.00 |
Straight
Bet |
$2.00 |
3
Horse Box |
$6.00 |
4
Horse Box |
$24.00 |
4 Horse Box
|
$24.00 |
5 Horse Box |
$120.00 |
5
Horse Box |
$60.00 |
6
Horse Box |
$360.00 |
6 Horse Box
|
$120.00 |
7 Horse Box
|
$840.00 |
7
Horse Box |
$210.00 |
8
Horse Box |
$1,680.00 |
8 Horse Box
|
$336.00 |
9 Horse Box |
$3,024.00 |
9
Horse Box |
$504.00 |
10
Horse Box |
$5,040.00 |
10 Horse
Box |
$720.00 |
11 Horse
Box |
$7,920.00 |
11
Horse Box |
$990.00 |
|
|
12 Horse
Box |
$1320.00 |
|
|
| NOTE:
Above costs are based on a $1
Ticket. The $1 box Ticket pays
1/2 of the Full Pay-Off. |
NOTE:
Above costs are based on a $1
Ticket. The $1 box Ticket pays
1/2 of the Full Pay-Off. |
|
High Five – This
is a relatively new wager to the racing
industry. In order to win a High Five wager
you must pick the first five finishing horses
in the order of their finish. In other words,
you must pick the horse that wins, the horse
that finishes second, third, fourth and
fifth. Tracks that conduct the High Five
wager allow “keying”,”wheeling”
and “boxing” of this wager.
Pick 3 - In order to win
a Pick 3 bet you are required to select
the winning horse in a set of three designated
consecutive races. The wager must be made
prior to the start of the first part of
the Pick 3. Many tracks offer rolling Pick
3’s. This means each race will be
the first leg of the three legs of a Pick
3.
Pick 4 - In order to win
a Pick 4 bet you are required to select
the winning horse in a set of four designated
consecutive races. The wager must be made
prior to the start of the first part of
the Pick 4.
Pick 6 - In order to win
a Pick 6 bet you are required to select
the winning horse in a set of the winners
of a designated set of six consecutive races.
The wager must be made prior to the start
of the first part of the Pick 6. This wager
is very popular and many tracks have large
“carryover” pools if no one
has the correct order / winning ticket.
Boxing horses in exotics
- A "box" Is when you use multiple
horses taking all possible combinations
in that particular bet. If you have determined
that two, three, or four horses are the
best in the race but you are not sure which
one will win, run second, third, or fourth
the “box” may be your best bet.
Example: A $1 dollar superfecta box
using the 1-2-3-4-5. This means four of
your five horses must finish in the top
four to be a winner.
Keying horses in exotics
- A “key” is when you use a
single horse to win, run second, or third
using multiple horses in front of that runner
or behind the runner.
Example: A $1 dollar Pick 3, the 2 horse
with the 3-4-5 with the 3-4-5-6. This means
the 2 horse must win the first leg of your
pick 3 either the 3-4 or 5 must win the
second leg and the 3-4-5 or 6 must win the
third leg to win your bet.
Wheeling horses in exotics
- A wheel is when you use a single horse
in a position with multiple horses finishing
ahead or in some cases behind the horse
your wheeling. In many cases a “wheel”
and a “key” can be considered
the same thing.
Example: A $2 dollar Exacta, the 1 horse
with the 2-3-4. This means the 1 horse must
win the race and the 2,3,or 4 must run second
to win the bet. Another example might be
a $2 dollar Exacta the 2-3-4 horse with
the 1 this means the 2,3,or 4 must win and
the 1 must run second.
Part wheels - Part wheels are offered
at a $1 minimum bet per combination - $2
minimum total cost. Part wheels are when
you use multiple horses in different positions.
Example: A $1 dollar Trifecta part wheel
the 1-2 horse with 1-2-3 with 1-2-3-4-5
this means the 1 or 2 must win the race
the 1-2-3 must run second and the 1-2-3-4-5
must finish third for the bet to win. Same
theory applies to the exacta and Superfecta.
|
