An exacta box is a type of wager in horse racing in which the bettor identifies two horses that will finish in the first two positions in any order. This type of wager is different from a straight exacta, which requires the bettor to accurately predict the first and second-place finishers in the exact order they will finish.
How Much Does a $1 Exacta Box Cost?
The cost of a $1 exacta box with three horses is $6. To calculate the price of an exacta box, the bettor multiplies the number of horses in the box by the amount of the wager. In this case, the bettor is wagering a dollar on three horses, which equals $6.
What Are the Benefits of an Exacta Box?
An exacta box provides several advantages over a straight exacta. First, it allows the bettor to cover all possible combinations of the two horses, increasing the chances of winning. Second, the exacta box is less expensive than a straight exacta wager. Third, it is a simpler wager that does not require the bettor to accurately predict the exact order of the horses in the race.
What Types of Exacta Boxes Are Available?
Exacta boxes come in a variety of sizes, ranging from a two-horse box to a six-horse box. The cost of the wager increases as the number of horses in the box increases. For example, a two-horse box with a $1 wager will cost $2, while a six-horse box with a $1 wager will cost $30.
How to Place an Exacta Box Wager
Placing an exacta box wager is relatively simple. The bettor must first identify two horses that they believe will finish in the top two positions in any order. They then determine the size of exacta box they wish to purchase and the amount of the wager. The bettor can then place the wager at the track or at an online racebook.
What Are the Payouts for an Exacta Box?
The exacta box pays out on the first two finishers in the race, regardless of the order in which they finish. The payout is calculated by multiplying the odds of the first and second-place horses. For example, if the first-place horse has odds of 3-1 and the second-place horse has odds of 4-1, the payout will be 12-1.
Types of Exacta Box Wagering Strategies
There are several different wagering strategies that can be used when betting on an exacta box. One popular strategy is to “wheel” one horse with the other two horses in the box. This means that the bettor is only betting on one horse, but if that horse finishes first and either of the other two horses finishes second, the bettor will still win.
Another popular strategy is to “box” the three horses in the exacta box. This means that the bettor is betting on all three horses to finish in the top two positions in any order. This is a more expensive wager, but it also provides the best chance of winning.
Exacta Box Wagering Tips
- Research the field: Before placing a wager, it is important to research the field of horses running in the race. This will help the bettor identify which horses are most likely to finish in the first two positions.
- Know the odds: It is also important to be familiar with the odds of each horse in the race. This will help the bettor determine which exacta box wager will provide the best chance of winning.
- Choose the right size: When placing an exacta box wager, the bettor should consider the size of the box they are purchasing. A smaller box will cost less, but it also provides fewer chances of winning. A larger box will cost more, but it also offers a greater chance of winning.
- Know when to hedge: If the bettor has placed a large exacta box wager and one of their horses is in the lead, they may want to consider hedging their bet. This means placing an additional wager on the other horses in the exacta box to guarantee a profit.
Exacta Box vs. Exacta Wheel
An exacta wheel is another type of wager that is similar to an exacta box. The bettor identifies two horses that they believe will finish in the first two positions in any order, but instead of betting on all the combinations of those two horses, the bettor only bets on one horse and “wheels” the other horse with the other horses in the race. This type of wager is less expensive than an exacta box, but it also provides fewer chances of winning.
Conclusion
A $1 exacta box with three horses is a popular wager in horse racing and costs $6. This type of wager provides the bettor with several advantages over a straight exacta, including increased chances of winning and a lower cost. There are several different wagering strategies that can be used when betting on an exacta box, and it is important for the bettor to be familiar with the odds of the horses in the race. Exacta boxes can also be compared to exacta wheels, which are less expensive but also provide fewer chances of winning.