Exacta Wheel Betting
The following is a discussion of Exactas Wheel betting. Successful exacta wheel bettors can win solid amounts of money. The exacta wheel bet is safer than a straight exacta bet because you are allowed to include more horses in your bet.
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Exacta Wheel Betting
See Also: Exacta Bet | Exacta Box Bet
The Exact Wheel bet involves keying in a horse OR horses into the race's eventual first and second place positions. Exacta Wheel betting is much less risky than a straight exacta bet because you are allowed to select more than 2 horses to finish in the top two positions in the exact order you specify. Exacta Wheel betting requires a specific order of multiple horses, whereas exacta box betting requires any order of any 2 horses.
The Exacta "Key" Concept
Understanding "keying" horses into your Exacta Wheel is crucial to making a successful bet.
First, start with the first place position. Select a horse or set of horses that can place first in your wager. For example, if horses 1, 2, 3, 4, 5 and 6 are in a horse race, you could choose any one of the six to place first OR some combination of the six to place first.
Example 1st Horse Key is: Horses 4 & 1
This means when the race has finished, if horse 4 OR horse 1 places first, your first place exacta wheel key will be successful.
Next, pick your horse or horses that will place second, using the same procedure as the first key. You can pick any of the horses to fill your second and third keys.
Example 2nd Horse Key is: Horses 2, 5, 6
This means when the race has finished, if horse 2 OR horse 5 OR horse 6 places second, your second place exacta wheel key will be successful.
Example Winning Combination with our Keys: 4 & 6
Given the keys we created above, a race result of horse 4 placing first and horse 6 placing second the bet would win.
Example Losing Combination with our Keys: 2 & 3
Given the keys we created above, a race result of horse 2 placing first and horse 3 placing second would equal a losing bet, because we did not include these horses in the correct order in our first and second keys.
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Exacta Wheel Bets Cost $1 Per Possible Finishing Combination
Consider the following examples, where we've keyed select horses into the first and second place positions; and how much the total bet would cost considering all of the possible finishing combinations.
Example 1: You believe horse 12 or 7 will win the race, and those horses are your first key. Next, you believe one of horses 8, 4, or 13 will finish second, and that set is your second key.
Exacta Example #1 Wheel Combinations on horses 12 or 7 to place first, then 8-4-13 to place second, at $1 each:
Finishing 12-8 = $1
Finishing 12-4 = $1
Finishing 12-13 = $1
Finishing 7-8 = $1
Finishing 7-4 = $1
Finishing 7-13 = $1
Total Wager = $6
Example 2: You believe either horse 5 or 11 will win followed by one of 4-1-3-9-2 in second.
Exacta Example #2 Wheel Combinations on horses 5-11 winning and 4-1-3-9-2 placing second at $1 each:
Finishing 5-4 = $1
Finishing 5-1 = $1
Finishing 5-3 = $1
Finishing 5-9 = $1
Finishing 5-2 = $1
Finishing 11-4 = $1
Finishing 11-1 = $1
Finishing 11-3 = $1
Finishing 11-9 = $1
Finishing 11-2 = $1
Total Wager = $10
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Exacta Betting Reference Examples:
Exacta Wheel, with one horse key and various other horses
$1 exacta wheel 1 horse with 3 horses = $3 Wager
$1 exacta wheel 1 horse with 4 horses = $4 Wager
$1 exacta wheel 1 horse with 5 horses = $5 Wager
$1 exacta wheel 1 horse with 6 horses = $6 Wager
$1 exacta wheel 1 horse with 7 horses = $7 Wager
$1 exacta wheel 1 horse with 8 horses = $8 Wager
$1 exacta wheel 1 horse with 9 horses = $9 Wager
$1 exacta wheel 1 horse with 10 horses = $10 Wager
$1 exacta wheel 1 horse with 11 horses = $11 Wager
Exacta Wheel, with two horse key and various other horses
$1 exacta wheel 2 horse with 3 horses = $6 Wager
$1 exacta wheel 2 horse with 4 horses = $8 Wager
$1 exacta wheel 2 horse with 5 horses = $10 Wager
$1 exacta wheel 2 horse with 6 horses = $12 Wager
$1 exacta wheel 2 horse with 7 horses = $14 Wager
$1 exacta wheel 2 horse with 8 horses = $16 Wager
$1 exacta wheel 2 horse with 9 horses = $18 Wager
$1 exacta wheel 2 horse with 10 horses = $20 Wager
$1 exacta wheel 2 horse with 11 horses = $22 Wager
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Tracks Supported: All major North American tracks (including Canada). Tracks have tiered maximum payout limits.