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Horse Betting: What is an Exacta?

Exacta or Exactor

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

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