Horse racing is one of the oldest and most popular forms of gambling in the world. It’s no surprise that many people love the thrill and excitement of betting on the outcome of a horse race, but one of the most popular bets is the Quinella, which involves selecting two horses to finish first and second in any order. A Quinella bet can be placed on any number of horses, and one of the most popular types of Quinella bets is the Box 8. But, how much does it cost to box 8 horses in a Quinella?
The Cost of a Quinella Box 8
The cost of a Quinella box 8 is determined by several factors, including the number of horses in the box, the track takeout, and the size of the bet. Generally speaking, the cost of a Quinella box 8 is usually based on a minimum wager of $1.00, with the cost increasing if the wager size is increased. For example, a $2 Quinella box 8 would cost $16, while a $10 Quinella box 8 would cost $80.
Understanding Track Takeout
When placing a Quinella box 8, it’s important to understand the track takeout. The track takeout is the percentage of the amount wagered that the track takes from the total amount of winnings. Generally speaking, the track takeout is usually around 17%. This means that when you place a Quinella box 8 for $1, the track will take 17 cents from the winnings.
Calculating the Cost of a Quinella Box 8
The cost of a Quinella box 8 can be calculated by multiplying the number of horses in the box by the amount wagered. For example, if you have 8 horses in your Quinella box and you’re placing a $2 wager, the cost would be 8 x $2 = $16.
The Benefits of Placing a Quinella Box 8
One of the biggest advantages of placing a Quinella box 8 is that it gives you the chance to win a large amount of money, even if only two of your horses finish in the top two places. For example, if you have 8 horses in your Quinella box and two of them finish in the top two places, your winnings will be 8 x the amount wagered. So, if you had placed a $10 Quinella box 8, you would win $80.
Conclusion
Understanding how much it costs to box 8 horses in a Quinella is important if you’re planning to place a bet on a horse race. Generally speaking, the cost of a Quinella box 8 is determined by the number of horses in the box, the track takeout, and the size of the bet. The cost of a Quinella box 8 can be calculated by multiplying the number of horses in the box by the amount wagered. Additionally, one of the biggest advantages of placing a Quinella box 8 is that it gives you the chance to win a large amount of money, even if only two of your horses finish in the top two places.