Yet at Amwager, we post probable payouts for exacta and daily double wagers. Also for exotic wagers, the payouts are calculated differently. Once the house takes its cut, typically 15%, the rest is divided between the bet winners. For the exacta, I will include the aforementioned #1 Smooth Like Strait, #2 Hit the Road, and #9 Ride A Comet, as well as Seabiscuit H. (G2) hero #8 Count Again (12-1), who is two-for-two at the trip. Kilroe Mile Wager. $10 Exacta: 3 with 1,2,8,9 ($40). How to calculate exacta bets. Exacta bets require you to select the first two finishers in correct order. The bet cost is determined by the number of possible winning combinations from the selected horses.
- Exacta Payout For Belmont
- Exacta Payout For Belmont Stakes
- Exacta Payout For Breeders Cup 2020
- Exacta Payout Calculator With Odds
- Exacta Payout Formula Calculator
- How Are Exacta Odds Calculated
Across the board: A bet on one horse to win, place, and show.
Allowance or Allowance Race: A non-claiming event in which the racing secretary conditions weight allowances based on previous purse earnings and/or types of victories.
Also Eligible or 'AE': Horses entered into the field that will not run unless other horses are scratched.
Apprentice Jockey:A student jockey that will receive a weight allowance of varying degrees depending on his or her experience.
Backstretch: The straight part of the track opposite the finish line or the stable area.
Baby Race: A race for two year old horses, especially early in the season.
Blinkers: Eye equipment that limits a horse's vision; generally used to help the horse concentrate on running and to reduce distraction.
Break Maiden: When a horse or rider wins for the first time.
Breeze: A term generally used to describe a workout in which a horse is easily running under a hold without encouragement from the rider.
Bridge jumper: A bettor that places large bets in the Place or Show pools on odds-on favorites.
Broodmare: A female thoroughbred that is used for breeding.
Broodmare dam: A mare that produces female progeny that are used for breeding.
Broodmare sire: A male horse that produces female progeny that are used for breeding.
Bug Boy:An apprentice jockey
Bull Ring: A small track where the oval is generally less than one mile and, thus, has very tight turns.
Buy the race: Using every single horse running in a specific race in an exotic wager.For example, if a player buys a Daily Double ticket for the 1st and 2nd race that is 8 with ALL, the bettor will have 'bought' the second race.
Carryover: Usually refers to money in the parimutuel pool for a Pick Six wager that is left over after a sequence fails to have a single player select all of the winners. For example, if there are no winning tickets for a Pick Six on a Friday at a track, the money left in the pool (minus the track take) is a considered a carryover and will be added to the pool for Saturday's Pick Six. Successive carryovers can lead to very large Pick Six pools.
Claiming Race: A race where each horse in the field has a price and can be purchased by any person that makes a valid claim prior to the running of the race.
Clocker: A person that times and/or rates workouts.
Clubhouse Turn: The first turn of races that begin on the frontstretch/homestretch.
Colt: A male horse.
Condition: To train a horse
Conditions:The circumstances under which a race will be run, such as: surface, distance, purse, and eligibilities.
Consolation:
A payout, typically in a Pick Six, where players without a full winning ticket still receive money. For example, a player that hits 5-of-6 races in the Pick 6 will typically collect a small consolation payout. Consolations are generally much smaller than the full payout.
Daily Double: A wager in which the player attempts to pick the winner of two sequential races with a single ticket.
Dam:The mother of a horse.
Dark:A day in which a track is not featuring live racing.
Derby:A stakes race for three year old horses.
Distance of ground: A route race or a race run around two turns.
Dog: A cone or other obstruction placed a specified distance from the rail of the turf course to keep horses from damaging that portion of the grass.
Eased: A horse that is pulled up or stopped prior to finishing the race
Exacta: A bet in which the player attempts to pick the 1st and 2nd place horse on one ticket.
Fast Track: Rating of a dirt track that is dry and hard.
Filly: A female horse
Fire Sale: A drastic reduction in the claiming price of a horse.
Foal: A newborn horse.
Form: The current condition of a horse; may also refer to The Daily Racing Form publication.
Fractions: Clocking at quarter-mile increments in either a race or a workout.
Front Runner: A horse that wants to run on or near the lead.
Furlong: One eighth of a mile.
Gelding: A castrated male horse.
Going: The condition of the racing surface.Dirt courses are generally rated Fast, Good, Muddy, or Sloppy.Turf courses are generally rated Firm, Good, Yielding, Soft, or Heavy.
Graded Race: A stakes race that is assigned a grade (I, II, or III) by the American Graded Stakes Committee based on the relative strength of the race as compared to all other races.This is the highest form of racing.
Half sister: A female horse out of the same dam as the other horse but with a different sire.Horses with the same sire but different dams are not considered half sisters or brothers.
Handicap: A race in which the racing secretary assigns weights designed to equalize the winning chances of the entrants; or to study horses' records in order to determine the chances of each to win the race.
Handily: A fairly strenuous workout where the jockey urges the horse on but does not use the whip.
Handle: Total sum bet on a race or during an entire day.
Hand ride: A jockey that is urging a horse on by 'scrubbing' his hand up and down its neck.A horse under only a hand ride was not whipped by the jockey.
Heavy Track: A grass racing surface that has received an extremely large amount of water and is an almost bog-like condition.
Horse: Technically, a male horse five years old or greater is a 'horse'.A male horse under five years of age is technically a 'colt'.
In hand: A horse running under restraint.
Inquiry: An official investigation by the stewards of the running of the race to determine whether a foul was committed by a horse or jockey.
In the money: To finish in the top four; this generally entitles the owner to a share of the purse.In betting terms 'in the money' means to finish in the top three.
Irons: Stirrups
Jockey agent: An individual that obtains rides for a jockey.
Juvenile: A two year old horse.
Look of Eagles: A horse that has a confident look.John Henry had the Look of Eagles.
Lug In: A horse that bears (drifts towards the rail) in during the stretch run; usually the sign of a tired horse.
Exacta Payout For Belmont
Maiden: A horse that has never won a race; or a race for horses that have never won a race.
Marathon: A race longer than 1 ¼ miles long.
Mare: A female horse aged five or older.
Middle distance: A race longer than seven furlongs but shorter than 1 1/8 miles.
Miler: A horse that prefers to race at or near a mile in distance.
Minus Pool: When enough money is bet on one horse that the pool is insufficient, after the track take, to pay the holders of the winning ticket the legal minimum odds.In this situation, the track is required to make up the difference to ensure that the bettors are paid the full amount.
Morning line odds: The odds set by the track prior to the opening of the pools.
Muddy Track: A dirt track that is soft, wet and holding.
Oaks: A stakes race for three year old fillies.
Objections: A claim of foul by a jockey following the race.
Odds: The chances of a horse to win a particular race based on the pari-mutuel wagering of the general public.The payouts for a $2 bet with corresponding odds are listed below:
Odds | $2 Payout | Odds | $2 Payout | Odds | $2 Payout |
1-9 | $2.10 | 3-2 | $5.00 | 5-1 | $12.00 |
1-5 | $2.40 | 8-5 | $5.20 | 6-1 | $14.00 |
2-5 | $2.80 | 9-5 | $5.60 | 8-1 | $18.00 |
1-2 | $3.00 | 2-1 | $6.00 | 10-1 | $22.00 |
3-5 | $3.20 | 5-2 | $7.00 | 12-1 | $26.00 |
4-5 | $3.60 | 3-1 | $8.00 | 15-1 | $32.00 |
Even | $4.00 | 7-2 | $9.00 | 20-1 | $42.00 |
6-5 | $4.40 | 4-1 | $10.00 | 30-1 | $62.00 |
7-5 | $4.80 | 9-2 | $11.00 | 50-1 | $102.00 |
Odds Board: The tote board, usually found in the infield.
Off the board: A horse that fails to finish in the money.
Off the pace: A horse that is lagging back in the early stages of the race.
Off-track: A racing surface that is anything other than Fast (Dirt) or Firm (Turf/Grass).
Optional Claimer: A race where the horses in the field may or may not be entered for a claiming price.
Overlay: A horse whose odds are higher than its actual chance of winning, as determined by the player.For example, if a player determines that horse A's odds are 4/1 that he will win, but the current odds at the track offer the horse at 10/1, that horse would be considered an 'overlay'.Overlays are good, underlays are bad.
Pace: The speed of the leaders at each stage of the race.
Parimutuels: French system of wagering where winning bettors get all the money wagered by the losers, after a deduction of a percentage by the track (Take Out).
Pick 3 (or 4, 5, 6, etc.): An exotic wager which requires the player to pick the winner in successive races.
Post: Starting gate.
Quarter crack: An injury to the hoof of a horse.
Quarter pole: Post on the infield rail that indicates two furlongs to the finish line.
Rank: A horse that refuses to be rated early on in the race.
Rate: To restrain a horse early on in the race in order to conserve energy for the later stages.
Route: Generally a race that is run around two turns.
School: To train a horse, generally in the starting gate or the paddock.
Scratch: To withdraw a horse from a race.
Shadow roll: A roll of cloth placed across a horse's nose in order to block its vision of the ground and prevent it from jumping shadows.
Exacta Payout For Belmont Stakes
Shake up: Urging by the jockey, either with his hands or the whip, to make the horse run faster.
Shipper: A horse that has traveled from one track to another to run in a race.
Shut out: When a player fails to make his bet at the window prior to the gate opening.
Sloppy track: A track that is wet, covered with puddles, but not yet 'muddy'.
Spit the bit: When a tired horse stops running hard.
Sprint: A short race, seven furlongs or less.
Stewards: Three person panel that determines whether or not any rules violations occurred during the race.
Superfecta: A wager in which the player attempts to select the order of the first four finishers in a race. Due to the difficulty of this wager, a winning superfecta wager generally pays out at high odds.
Tag: Claiming price. A horse entered for a 'tag' is entered in a claiming race.
Track Take: Money deducted from each pool for track revenue and taxes.
Trifecta: A wager in which the player selects the first three horses in a race in order.
Trip: The course followed by a horse and rider during the running of a race and describes the 'trouble' encountered. A horse that had a 'good trip' did not encounter any unusual difficulty. A 'bad trip' might involve racing wide, or being boxed in by other horses.
Turf course: A grass covered course.
Under wraps: A horse in which the rider is holding it back and intentionally keeping it from running at top speed.
Washed out: A nervous horse that is sweating.
Exacta Payout For Breeders Cup 2020
If you are ready to win and win big, it might be time to calculate the perfect Exacta Bet. Exacta horse racing betting is popular, but not always easy. It's more straightforward than most of the other exotic wagers, and it's one of the simplest bets. Sure, it's harder than a straight bet, but when you get it right, it can be a lucrative win with remarkable margins.
What Is An Exacta Bet?
An Exacta Bet, also referred to as an Exactor or Perfecta, is one where the bettor picks both the first and second place winners in exact order. In order to win an Exacta Bet, both horses must finish in the chosen order. If either prediction is wrong, the bet is off.
For example, in an Exacta Bet you choose horse #2 to place first and horse #5 to place second. If that happens, you win. But if horse #5 places first and horse #2 places second, you lose.
It's an all or nothing gamble, which makes it difficult to accomplish but it's easier than some of the other bets (such as Trifectas and Superfectas). This makes Exacta Betting extremely popular among horse racing enthusiasts. When you master it, the rewards can be great.
Different Types of Exacta Bets
There are two different types of Exacta Bets. A straight Exacta Bet or an exacta box bet. A straight Exacta Bet is exactly as described above, two horses chosen for first and second place. An exacta box allows you to choose more horse combinations in a single bet, but makes that bet significantly more expensive. Here's a breakdown of how they each work:
Straight Exacta Horse Racing Betting
A bet on two horses to finish in first and second (Win and Place) in precise order. Minimum bet is $2. An Exacta Betting slip would show $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 more versatile, allowing multiple bets on a single slip. For example, you can bet on horse #2 and #7 and you win whether it's a #2 Win – #7 Place, or #7 Win – #2 Place. This is actually multiple Exacta Bets and so the cost increases with each additional horse. If you want to add to your Exacta 'Box' you can also add in a third horse. Each additional horse increases the cost of the bet. You can actually put as many horses as you like on the Exacta Box, but be aware that the price will continue to rise with each horse added.
Exacta Bet Calculator
Playing an Exacta increases your chances of winning, while also increasing your cost of playing. To calculate the cost of an Exacta Bet, multiply the number of horses used on top, or the win position, of the exacta with the number of horses used in the second position (less one if the same number is used on top in the exacta).
$2 Exacta Costs
- Basic Exacta 2 & 6: $2 (one combination)
$2 Exacta Wheel and Part Wheel: Choose one or two horses in first position, and cover multiple other horses in second position. It's more efficient than the Exacta Box, and cheaper.
- Exacta Wheel 1 with all (ten horses in race): $18.00 (nine combinations)
- Exacta Part Wheel 2 with 3,4,5,6: $8.00 (four combinations)
- Exacta Part Wheel 2 with 3,4,5,6: $8.00 (four combinations)
- Exacta Part Wheel 3,4,5,6 with 2: $8.00 (four combinations)
- Exacta Part Wheel 2,3,4,5,6 with 2,3,4: $24.00 (12 combinations)
$2 Exacta Box: Any two of your horses must finish first and second. To figure the cost: Multiply the number of horses used by the number of horses used less one times $2 wager.
- Exacta Box 1,2: $4 (two combinations)
- Exacta Box 1,2: $4 (two combinations)
- Exacta Box 1,2,3,4: $24 (12 combinations)
- Exacta Box 1,2,3,4,5: $40 (20 combinations)
The more horses you add to an Exacta Bet, the more likely you are to lose money in the end. If you bet on 8 horses, you have more chances of winning, but you would be lucky to make $30, resulting in a loss of nearly $650. For this reason, Exacta Box horse racing betting is generally best left to experienced handicappers, or those who employ the services of a veteran handicapper.
What is the Minimum Stake on an Exacta Bet?
For most horse racing tracks, the minimum wager for an Exacta Bet is $2. There are some tracks that offer a $1 exacta wager.
How To Calculate the Payout for An Exacta Bet
Exacta Payout Calculator With Odds
Payouts for these wagers are calculated using the pari-mutuel system. This means you're betting into a pool and there are no fixed odds involved. All of the money for Exacta Bets goes into one pool, that pool of money is distributed among the winning tickets. This means that if there is an upset in the race, you can win big – whereas if lots of people bet on the winners, the winning prize may be much smaller.
Let's look at an easy example…
- A total of 3,000 $2 Exacta tickets are bought for a race.
- The proceeds from those tickets form the prize pool.
- 3,000 x $2 = $6,000, so the prize pool has $6,000 in it.
- 50 of the tickets sold have the correct finishing order of the first two horses.
- Each winning ticket receives an equal share of the prize pool.
- $6,000 / 50 = $120, so each winning ticket returns $120.
Of course, the track will take out its portion before the prize pool is calculated so the payout wouldn't be exactly $120. But still, a $100 return on a $2 bet is amazing odds.
Whether it's a huge race or an unexpected win, an Exacta payout usually gives a decent return, which is why it's one of the most popular bets.
Exacta Payout Formula Calculator
And They're Off!
Well there you have it – an Exacta Bet!
How Are Exacta Odds Calculated
The beginning of a horse race is so exciting because it's anyone's game. There's no way to know which two horses are going to win. There's always the possibility for a surprise win or a major upset. Whether you're placing your first bet or you're an old pro, at AmWager we want every bettor to be successful! That's why we made our online betting platform so easy to learn and use. Even first time bettors will have no trouble navigating our platform. Sign up today to place your next winning bet.
