Exacta, Trifecta, Superfecta
After you have learned how to do the traditional wagering of Win Place and Show the next step is to learn exotic wagering. There are several different types of exotic wagering to bet on, which is a lot more challenging. You need to figure out what horses to bet on and in what order they will be finishing the race.
One of the ways is to make a box bet, which costs more money but increases your odds of possibly winning. See below for the detail of the different types of wagers you can make.
Straight or Box
Straight: You choose 2 horses and they must finish first and second in that order to collect your winnings.
For this example, we will single a horse to win (#2) followed by two others (#5,#6) to finish in the second position. This type of bet only costs $4.00 to play however, the #2 horse must win the race and hope the #5 or #6 come in second.
Box: You choose 2 horses and they can finish first or second in any order to collect your winnings.
Example: So in this scenario we will use the same horses #2, #5 and #6 and any combination of them can come in first or second. By boxing, all three horses, a simple $2 wager increased the cost of the bet to a total of $12. It will also increase your chances of winning.
Notes: If you want to increase the number of horses in a box wager to increase your chances of winning. It will increase the cost of the bet.
The following ticket is an example of using 4 horses (5,7,10,11) in an Exacta Box. For a $1 bet, the cost is $12 ($2 bet would cost $24).
Straight or Box
For this example, we will again use horse #2 #5 and #6.
Straight: You choose 3 horses and they must finish first, second and third in that order to collect your winnings.
An Example: So in this scenario horse #2 must finish first, horse #5 must finish second and horse #6 must come in third. With a simple $1 wager this bet would cost a total of $1.
Box: You choose 3 horses and they can finish first, second or third in any combination to collect your winnings.
Example: So in this scenario horse #2, #5 and #6 can finish in first, second or third as long as they finish the race as the top 3. With a simple $1 Trifecta Box wager, this bet would cost a total of $6.
Notes: Of course anytime you throw additional horses in the mix, your bet ticket will increase. Listed below are examples of the costs to do so.
For this example, we will use horse #4,#5 #6 and #7 in a ten cent, Superfecta Straight wager.
Straight: You choose 4 horses and they must finish first, second, third and fourth in that order to collect.
Example: Say you like the #4 to win the race, the #5 to finish second, the #6 to finish third and finally the #7 to finish fourth. Again, it has to finish in that order (4,5,6,7) to collect the win.
A straight type of bet keeps the cost way down but is very difficult to hit although, on occasion, it can be done.
Box: In this example, we are using the same combination of horses (#4,5,6,7) in a ten cent, Superfecta Box wager. All 4 horses can finish in any order as long as they’re all in the top 4 crossing the finish line.
Most tracks offer $0.10 Superfectas which keep the cost of your tickets down and can still lead to a nice payout. Ten cent Superfectas are very popular to play.
Super High Five
Straight or Box
For this example, we will use horse # 1,5,11,12, and 13.
Straight: You choose 5 horses and they must finish first, second, third, fourth and fifth in that order to collect.
Example: So in this scenario horse # 12 must finish first, horse # 1 must finish second, horse # 13 must come in third, horse # 11 must finish fourth and horse # 5 must finish fifth. With a simple $1 wager this bet would cost a total of $1.
Box: You choose 5 horses and they can finish first, second, third, fourth and fifth in any order to collect.
For Example: So in this scenario, horse # 1,5,11,12, and 13 can finish in any combination of those numbers (120 possible combinations). With a $0.50 wager, this bet would cost a total of $60.00. Increase the betting total to $1.00, the cost of this ticket doubles to $120.00.
Notes: Adding more horses to a box ticket can get very, very expensive.
How to Bet on Multiple Races on One Ticket
There are other types of exotic wagering that can turn you into an astute handicapper with huge payout possibilities. These types of wagers I would consider for the experienced handicapper that has been betting for a while.
Once you get into betting on multiple races on one ticket it can also get expensive as well.
While the following are examples of wagering on consecutive races, picking only winners and with one ticket.
Your Horses must win two consecutive races. In the example below, in the first leg of the Daily Double, either the #2,#4 or #5 horse must win the first part. If that happens, the Daily Double would be hit if horse #1,#3,#5 or #6 wins the second leg of the bet.
Your Horses must win three consecutive races. Notice in Leg 2, there is only one pick which was the #3 horse. By singling out a horse in one of the legs, you keep the overall cost of the ticket down however that single has to win that particular race. If you get past that leg, you’ll notice you have 4 possibilities in the final leg of the pick 3 and a high percentage of winning this.
Your Horses must win four consecutive races. Same kind of theory on any of the Pick # tickets. Notice a single is played on both the first leg and the third leg of this ticket. If you get past all three legs, the All button was selected in the last leg. Hope for the longshot in the last leg, you have it covered no matter what.
Your Horses must win five consecutive races.
Your Horses must win six consecutive races. This is like playing the lottery!!! Again, it can happen and it may get a bit nerve wrecking if you can get past half of the Pick 6. Good Luck with this one!!!!
More Exotic Wagering can be tough to hit because you are trying to pick the horse that is going to win in consecutive races. It hard enough sometimes to pick one winner for a single race.
Player beware these types of wagering are for the more experienced handicapper. But if you ever want to try your luck at it start off with the minimum wager amount.
We have read several great books to assist us in learning how to handicap more exotic wagers. We have written reviews on the books, check them out on our Inside Track page.
Horse Racing Payouts
If you would like to see the results from horse racing wagering including the traditional to exotic wagering go to our Horse Racing Betting Results page.