An exacta wheel is a type of bet in horse racing. It is a bet placed on two horses to finish first and second in a certain order. In order to win the bet, the two horses must finish first and second in the exact order that the bettor has chosen.
How Does an Exacta Wheel Work?
An exacta wheel bet works by allowing the bettor to select two horses to finish in the exact order that they have chosen. For instance, if the bettor selects horse A to finish first and horse B to finish second, then the bettor will win if horse A finishes first and horse B finishes second. If the horses finish in any other order, the bettor will not win the bet.
What is the Cost of an Exacta Wheel?
The cost of an exacta wheel bet depends on the type of bet and the track. The cost of an exacta wheel can range from as little as $2 to hundreds of dollars, depending on how many horses are selected and how much money is being wagered.
What are the Different Types of Exacta Wheels?
There are several different types of exacta wheels available. These include:
- Single Exacta Wheel: This type of exacta wheel involves betting on two horses to finish first and second in a certain order. The bettor must select two horses and the bet will only pay out if the two horses finish in the exact order that the bettor has chosen.
- Box Exacta Wheel: This type of exacta wheel involves betting on two horses to finish first and second in any order. The bettor must select two horses, and the bet will pay out if the two horses finish first and second in any order.
- Part Wheel Exacta: This type of exacta wheel involves betting on three or more horses to finish first and second in a certain order. The bettor must select three or more horses, and the bet will only pay out if the horses finish in the exact order that the bettor has chosen.
How Much Does a Single Exacta Wheel Cost?
The cost of a single exacta wheel bet varies depending on the track and the number of horses selected. Generally, the cost of a single exacta wheel bet is between $2 and $5.
How Much Does a Box Exacta Wheel Cost?
The cost of a box exacta wheel bet varies depending on the track and the number of horses selected. Generally, the cost of a box exacta wheel bet is between $4 and $20.
How Much Does a Part Wheel Exacta Cost?
The cost of a part wheel exacta bet varies depending on the track and the number of horses selected. Generally, the cost of a part wheel exacta bet is between $6 and $50.
Is an Exacta Wheel a Good Investment?
An exacta wheel is a great way to make money on horse racing. It is a relatively low-risk bet and can yield a large return if the bettor is able to pick the correct horses. However, it is important to remember that like any other form of gambling, exacta wheel betting involves some risk and should be done carefully.
Tips for Betting on an Exacta Wheel
Research: Before placing an exacta wheel bet, it is important to do research on the horses and the track. This will help the bettor to make an informed decision about which horses to bet on.
Set a Budget: It is important to set a budget before betting on an exacta wheel. This will help to ensure that the bettor does not get in over their head and lose more money than they can afford to lose.
Know the Odds: It is important to know the odds of each horse before placing a bet. This will help the bettor to determine the likelihood of their chosen horses finishing in the order that they have selected.
Conclusion
An exacta wheel is a great way to make money on horse racing. It is a relatively low-risk bet and can yield a large return if the bettor is able to pick the correct horses. The cost of an exacta wheel bet varies depending on the track and the number of horses selected, and can range from as little as $2 to hundreds of dollars. It is important to do research on the horses and the track before placing a bet, and to set a budget and know the odds of each horse before placing a bet.