Horse Betting: What is an Exacta?

Exacta or Exactor

At the ticket window, then choose the two horses that will finish in first and second place in the EXACT order. You win your bet if the horses you select finish in first and second place in the precise order. The minimum amount which can be wagered is $1 but remember that payouts would be paid out at half since the chances are calculated in a $2 bet worth.
Exacta Box
With an Exacta Box you’ll win your bet when the horses that you pick finish in second and first place in order with as many horses as you wish.Exacta boxes they’re the most popular way of playing exactas since they’re simpler to understand and extend the greatest possibility of cashing a ticket.
It is important to note that this is not a wise betting strategy simply because all of the horses in the box don’t have exactly the identical prospect of finishing first or second. Your ticket may pay out in a reduction.
Since exacta boxes speed each mix in the box as using the exact same probability of winning (that is not true ) they produce a bias in the exacta betting pools. It’s this bias that smart bettors look for and try to make the most of.
Exacta Wheels
Decide on a horse to finish first or second and wheel it in the exacta, you cover every combination to ensure if your horse finishes in the first or second place, you will have the winning combination.
For example, if you were to play a $1 exacta wheel with a’key’ horse of #3 to come first, the #3 horse would need to win and some of 1,2,4,5,6,7,8 would need to finish second to allow you to cash the ticket.
Or, if you think that the’key’ horse #3 has a better chance of finishing second, then you could play with a $1 exacta wheel. In this case any horse in the race could win along with the three horse would need to finish second to allow you to cash your ticket.
Either way, in an eight-horse field it might cost you $7 because you are wagering 7 different $1 exactas gambling horses 3-1, 3-2, 3-4, 3-5, 3-6, 3-7, 3-8 or horses 1-3, 2-3, 4-3, 5-3, 6-3, 7-3, 8-3.
Exactas can also be performed as part-wheels in which you might play with a $1 exacta part-wheel horse #3 with 2, 4, 5 (three possible winning combinations of 3-2, 3-4, 3-5) at a price of $3. Or you might play the part-wheel another way, 2, 4, 5 with 3 (additionally three potential winning combinations of 2-3, 4-3, 5-3) in a price of $3. Part exacta wheels reduce some of the bias of gambling exacta boxes.
Exacta Betting Strategies
Through handicapping you decide horse #5 has a 50% probability of winning the race, horse #6 includes a 20% chance of winning and horse #7 includes a 10% chance of winning. You will be spending $60 with this race.
Option 1.
You play with an exactor box of 5-6-7 that is 6 exactas at $10 each.

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