How to Bet an Exacta

Betting that an exacta can pose a challenge on many levels.
There’s, naturally, the main need to examine past performances and choose which horses will finish first and second.
Yet because of the inherently reduced payoffs as opposed to what you’ll find in a Pick 3 or Pick 4, then you will need to structure your wagers efficiently so as to turn your choices into a rewarding bet.
For starters, an exacta can be a very simple wager. If you prefer two horses equally, you may just box them in the exacta and accumulate provided that they finish 1-2 in almost any purchase. If you like one of these a little more, then you can then bet more on the one that you would like, say $10 on a 1-2 exacta and $5 on 2-1.
If you’re a bit more uncertain, make sure you structure your wager around the dimensions of the area and the probable payoffs.
If you like a longshot, the greater probable payoffs supply you with the cushion you need to wager on more mixes and turn a wonderful profit.
But if you’re dealing with favorites or horses at comparatively low likelihood, you need to bet more efficiently to preserve your profit.
In a field of six or not, you’re best to focus on a single horse or box two of these rather than boxing three or more horses because of the small payouts the bet will probably generate.
In a field of seven, a wise strategy is to box your top two options and then, if you are worried about other horses, play them top and/or bottom other the other horses. For example, box 1-2, subsequently wager 1-2 more than 3-4 and 3-4 over 1-2. This way you are getting policy on four horses without needing to box them.
Once you get an eight-horse field, as long as there is not an overwhelming favorite, you can expand the number of horses that you ship because the payoffs will generally be greater, giving you a better chance to offset the inevitable array of losing tickets at a boxed bet.
One thing to keep in mind about playing favorites is that cashing a ticket on the preferred over the next choice is not as simple as you would think.
Take Kentucky Derby week in Churchill Downs, which, ironically , showcased the top two betting choices from the series for the roses ending 1-2.
Of the 54 races at the Louisville track from May 3-7, 23 were obtained by favorites, which generates an unusually high 42.6 winning percentage for the chalk.
However, of those 54 races, there were only nine races, including the Derby, where the top two finishers were the betting favorite and second alternative — in this order.
This adds up to cashing on this combo just 16.6 percent of the period using an average payoff of $18.70.
Granted, these amounts are barely a national average, however they nevertheless prove that when you are trying to be exact, there are still reasons why you need to take a chance or two.

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