How Does An Exacta Bet Work-Flash Player For Betpro
An Exacta bet is a type of horse racing wager where the bettor must correctly predict the first two finishers of a race in the exact order they cross the finish line. This is considered a straight bet, but it is more complex than simpler bets like win, place, or show.
Here’s how an Exacta bet works:
1. **Choosing the Horses**: You select two horses that you believe will finish first and second in the race. The first horse you choose is your “key” horse, and the second horse is your “companion” horse.
2. **Placing the Bet**: You specify the amount you want to bet and tell the betting window or use the self-service terminal that you are placing an Exacta bet. You will state the numbers of the two horses (the numbers assigned to them in the program) and the amount of your bet.
3. **Bet Variations**:
– **Straight Exacta**: You pick one horse to win and one horse to place, and you must specify the exact order.
– **Box Exacta**: You pick two horses and want to cover all the possible order combinations for the first two finishers. This costs more because you are essentially making multiple bets.
– **Wheel Exacta**: You pick one horse to finish first and “wheel” it with all other horses in the race for the second place. This is a more expensive bet because it involves multiple combinations.
– **Part-Wheel Exacta**: Similar to a wheel, but you pick one horse to finish first and then choose several, but not all, of the other horses to finish second.
4. **Payout**: If your horses finish first and second in the exact order you predicted, you win the bet. The payout for an Exacta bet is determined by the odds of the horses involved and the amount of money bet into the Exacta pool. If there are fewer winners than expected, the payout can be quite large.
5. **Understanding the Ticket**: When you receive your betting ticket, it will indicate the type of bet, the horses involved, and the amount of the bet. Keep this ticket safe as you will need it to collect your winnings.
Remember that Exacta bets are considered more risky because they are harder to hit than simpler bets. However, the potential payout is usually higher, which can make them an attractive option for bettors looking for a bigger return on their investment.