Exacta Horse Betting
Exacta horse racing betting is a popular kind of pari-mutuel wagering which may be quite rewarding for seasoned horse racing bettors. Winning an Exacta bet isn’t the simplest thing to do by way, but for seasoned handicappers, the profit margin could be remarkable.An Exacta bet, also referred to a Exactor or Perfecta, is one where the bettor chooses two horses to finish in the first and second place positions (Grow and Position ), in an exact order. Both horses must finish in the chosen order, or the bet is lost.
If the bettor chooses horse 5 to horse and Win #3 to Place, but they rather complete in sequence of #3 Wins and #5 Places, the bet is lost. You have the option to”box” your exacta which will cost double the price but will give you a win regardless of the order of the horses you picked!Above is an illustration of the”exacta” menu at Bovada.lv where you can bet on any horse to either win, place or display. You’ll also receive $250 free at Bovada for the Kentucky Derby.
A winning Exacta bet can possess an awesome payout, particularly if the Win-Place purchase comprises less favored horses. When the favorites to Win and Place are selected, the payout will of course be lower, but still notably rewarding as you picked an specific order.
The actually profitability of Exacta horse racing gambling will be set by how many bettors made the same wager, thus is the nature of pari-mutuel betting. Each time a wager is placed on the same Exacta wager, the likely payouts decrease. And regrettably, the bag betting board at a horse racing track does not depict the chances for Exacta horse racing betting because there are so many possible combinations, and not enough space on the tote to display them all.Straight Exacta Horse Racing Betting
The Straight Exacta bet is the same as defined above. It’s a bet on two horses Win and Place (finish in first and second) in an exact order. An Exacta betting slip would be exhibited in the following fashion: $2 Exacta (2-7). This means you have placed a $2 Exacta bet on horse 2 to finish in first place (Win) and horse #7 to finish in second (Place).
Exacta Box Horse Racing Betting
An Exacta Box bet is much more flexible, allowing the bettor to put two wagers on a single betting slip, deciding on the two horses they think will finish first and second in any order. Should you bet on horse #horse and 2 #7, the Exacta Box bet would win provided that the final order was 2 Win — #7 Place, or 7 Win — #2 Place. As it is actually two Exacta stakes, the price would be $4.
The excellent thing about Exacta”Box” horse racing gambling is that you can also add in a third horse. Maybe you’re anticipating horse’s #2 and #7 to complete in the first and second place, but you believe horse #4 includes a fairly good prospect of breaking into the top three. You could place an Exacta Box bet on 2-7-4. This wager would cost $12, buying 6 different bets on a single slip, like so:
Exacta Box: 2-4, 2-7, 4-2, 4-7, 7-2, 7-4
You can really put as many horses as you like on the Exacta Box, but take note that the price will continue to grow with every horse added.
4 horses = 42 5 horses $120
6 horses = 240 7 horses = 420 8 horses = $672 The more horses you add to a Exacta Bet, the more likely you are to lose money in the end, rather than making a profit. If you choose 8 horses, and just the most preferred animals finish in the top two positions, you’re going to be lucky to make $30 on the bet, leading to a reduction of almost $650. Because of this, exotic wagers like Exacta horse racing gambling are generally best left to seasoned handicappers, or those who use the services of a veteran handicapper.
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