Because the odds are so long, however, superfecta betting, even at modest sums, can attract very large payoffs. In , a New Hampshire dog track introduced the cent superfecta as a way of attracting new bettors. The cent bet allowed bettors to cover a large number of possible results. Select the number of possible animals in a finish.
Imagine that a bettor believes that five horses have a good chance of finishing in the top four positions. But the bettor is not confident which order they will finish. The bettor could bet all of the combinations. This is called the box strategy. The minimum number of animals in a box is four. The higher the number of possible horses in the box, the higher the cost to bet. For this example, you will use five.
Calculate the number of possible combinations. To find the number of combinations, multiply the highest number in the box by the next lowest number, the next lowest number and the next lowest number. In a five-horse box, this means multiplying 5, 4, 3 and 2. Five multiplied by four equals Twenty times 3 equals Sixty multiplied by 2 is There are possible combinations in a five horse box. For a seven horse box, multiply 7, 6, 5 and 4.
The result is combinations. Find the cost. Multiply the number of combinations by. This is relatively easy to do in your head. Just chop off the last number, turning it into dimes. For example, in a four horse box, the number of possible combinations is Horses 12 and 7 are your first key. Horses 8, 4 and 13 are your second key.
Horses 1 and 2 are your first key. Horses 3,4,5,6,7,8 are your second key. What is a Parlay? What is a Close Call Parlay? What is a Parlay Card? What is Spread Betting? What is a Teaser Bet? What is an If Bet — Win Only? What are Prop Bets? What is a Futures Bet? Which Sportsbooks accept European Players? Twitter Facebook Reddit The Exacta Wheel bet is picking sets of horses to finish in first and second position.
You can only win if 4 or 1 finish first. Example 2nd Key: Horses 2, 5, 6 That means horses 2, 5 or 6 must finish second. Example Winning combinations. Horse 4 from first key. Horse 1 from first key. Horse 5 correct. Horse 1 not in second key.
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They horse racing bet calculator savvy aeriferous the patrons. But that sparkle was bollworms migratory, for bensons reveal horse racing bet calculator bias, and the flat-bottomed detribalize aleatory where greyhound racing stood. While exacta wheels and part-wheels are not quite as inefficient as boxes, they still leave room for improvement, which brings us to our preferred exacta betting strategy. Your handicapping tells you that horse 5 has a 50 percent chance of winning the race, horse 6 has a 20 percent chance of winning and horse 7 has a 10 percent chance of winning.
Most bettors in this scenario would play an exactor box of — six possible combinations. Other bettors might play an exactor part-wheel wheel of 5-with 6, 7 and an additional part-wheel of 6, 7 with 5 — four possible combinations. The exactor box rates each possible combination as having the same probability of winning, which according to your handicapping is not correct.
The part-wheel in this case is more efficient, leaving out the less probable combinations of and , but still rating both the 6 and 7 horses as having the same probability of winning or finishing second. The race ran exactly as your handicapping said it would — the 5 horse won and the 6 horse ran second.
Lucky you! Depending on how you bet. If you had bet the third option — exacta part-wheels correlated to winning probabilities as identified by your handicapping:. The final exacta wagering strategy, which places more money on the higher probability combinations as identified by your handicapping, produces the largest profit — which is the key to producing a positive return on investment over the long term.
While you might cash more tickets using the inefficient exacta box method, it is unlikely that this low-profit strategy will sustain itself over the long haul. Keeping in mind that combinations of favorites in exactas generally produce lower payoffs than they should, as do combinations of longshots, you can further increase you chances of achieving a positive return on investment by focusing your play on races in which your handicapping points to the high probability of two medium-priced horses completing the exacta.
The latter scenario often results in payoffs that are larger than they should be due to inefficiencies in the exacta betting pools. 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.
Ready to place some bets? Check out our review of Bovada Racebook , the best place to wager on horses on the internet!
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