How do I win an exacta bet?

Straight exacta You pick two horses and the order in which you believe they’ll win and place. If you’re right, you win. If you get the order wrong, you lose, even if they both win and place.

What is straight Tote Exacta?

A Tote Exacta bet requires you to pick the first and second horses to finish in a race. This can be a straight Exacta or a reverse Exacta. Minimum total stake for an Exacta bet is 50p.

Is Exacta a good bet?

Exotic Horse Racing Wagers – Exacta Betting. The Exacta is a horse racing wager that you NEED to know. It’s more straightforward than most of the other exotic wagers, and it’s one of the least difficult to get right. It’s still harder than a straight bet, but the potential payouts more than make up for that.

Is it better to bet on the Tote?

One of the major plus-points to betting with the Tote, especially when you fancy an outsider is that you will often receive a bigger payout. The Tote Guarantee means that even when the bookmaker’s SP is larger than the Tote dividend, we will top up bet returns online so that you are never worse off.

What are the odds on an exacta?

The Fair Payoff for an Exacta equals the size of the bet, such as a $2 Exacta, multiplied by the (win horse’s odds-to-1) multiplied by the (place horse’s odds-to-1 plus 1). The odds are each horse’s going-off win odds.

How do you calculate exacta?

A box exacta is calculated by multiplying the number of selections for first by the number of selections for second, minus one.

What are tote exotics?

Having introduced you to betting on horses to win or to place on the Tote, we now come to the range of other types of bet available on the Tote. These are known as ‘exotics’.

How does the Tote make money?

What is the Tote? The Tote essentially works in a similar way to the lottery. Punters pick their horses and put their money into a cumulative pool – everyone with a winning ticket shares a percentage of the pot. If fewer people backed your horse, you will get a greater share if it wins.

What percentage does the Tote take?

It is the second time the Tote have increased win pool deductions since Betfred took over ownership of the operation. In October 2012 deductions rose to 16.5 per cent from 13.5 per cent, the first change since the-then Tote chairman Peter Jones reduced it from 16 per cent in March 2003.

What is a key bet in horse racing?

A ‘Key Box’ bet includes all possible combinations of selected ‘key’ horse(s) when combined with other ‘non-key’ horses in a box bet. For Example, a $1 Trifecta Key Box: 1/2, 3, 4 This Key Box wager would cost $18.

How does exacta calculate payout?

Here is how to read this formula. The Fair Payoff for an Exacta equals the size of the bet, such as a $2 Exacta, multiplied by the (win horse’s odds-to-1) multiplied by the (place horse’s odds-to-1 plus 1). The odds are each horse’s going-off win odds.

What is a standout exacta?

Standout Exacta This is a bet where you combine the runner you believe will win (your standout) with a number of runners to finish second. To win, your standout runner must finish in the first position with any of your other runners filling second position.

What is Top Tote Plus?

Top Tote Plus is a bet type that guarantees punters the higher of: the best price declared on the three totes or the official starting price. Top Tote Plus is a great option when betting during the 30 minutes before the race when Top Fluc and Best of the Best are no longer available.

What is a Tote Exacta bet?

A Tote Exacta bet requires you to pick the first and second horses to finish in a race. This can be a straight Exacta or a reverse Exacta. Minimum total stake for an Exacta bet is 50p. How do Tote Exacta bets work? Aim for a big dividend payout by finding the first two horses to finish in any race.

How to make a profit from exacta betting?

In summary, using solid handicapping fundamentals to determine your own set of probabilities, and then focusing your main exacta combinations on the most probable outcomes, rather than on boxes and wheels, is the key to making a long-term profit from exacta betting.

What are the best exacta strategies in horse racing?

Reprinted with permission, this article discusses the best exacta strategies in horse racing. The Exacta is many horseplayers first taste of exotic wagering. In horse racing the Exacta requires the bettor to correctly select the first two finishers in a race.

How much is an exacta stake worth?

The “standard” Exacta stake is $2. This doesn’t mean you have to stake exactly $2 though. You can stake more if you want, and you can usually stake less. $1 Exactas are available at most locations these days, while some places offer even cheaper stakes.