Exacta boxes can be a great way to increase the chances of winning at the racetrack. A $1 exacta box with 4 horses means that you are selecting 4 horses to finish first and second in any order. It is a bet that has a higher risk but offers a higher reward. In this article, we will discuss what a $1 exacta box with 4 horses is and how much it costs.
What is an Exacta Box?
An exacta box is a bet that involves selecting two or more horses to finish first and second in any order. It is a higher risk bet than a straight exacta bet, which requires the selected horses to finish first and second in the exact order that they were chosen. The risk of an exacta box is increased because you are betting on more than two horses, and it is possible for any of the horses to finish first and second in any order.
The amount that you win from an exacta box depends on the odds of the horses selected and the amount that was bet. The more horses that you select in your exacta box, the more expensive the bet will be.
How Much is a $1 Exacta Box With 4 Horses?
A $1 exacta box with 4 horses means that you are betting $1 on all possible combinations of the 4 horses that you have selected to finish first and second in any order. This means that you will be placing 16 different bets, each costing $1. Therefore, the total cost of the bet will be $16.
For example, if you have selected horses A, B, C, and D to finish first and second in any order, you will be placing a $1 bet on the following combinations:
🔵 A, B
🔵 A, C
🔵 A, D
🔵 B, A
🔵 B, C
🔵 B, D
🔵 C, A
🔵 C, B
🔵 C, D
🔵 D, A
🔵 D, B
🔵 D, C
🔵 A, A
🔵 B, B
🔵 C, C
🔵 D, D
How Does an Exacta Box Pay?
The amount that you can win from an exacta box depends on the odds of the horses selected and the amount that was bet. The payout of an exacta box is determined by calculating the winnings of each of the 16 bets that you have placed.
For example, if you have selected four horses with odds of 2/1, 4/1, 6/1 and 8/1, and you have placed a $1 exacta box bet, the payout would be calculated as follows:
🔵 A, B: Total Stake x (2/1 + 4/1) = $2 x 6 = $12
🔵 A, C: Total Stake x (2/1 + 6/1) = $2 x 8 = $16
🔵 A, D: Total Stake x (2/1 + 8/1) = $2 x 10 = $20
🔵 B, A: Total Stake x (4/1 + 2/1) = $2 x 6 = $12
🔵 B, C: Total Stake x (4/1 + 6/1) = $2 x 10 = $20
🔵 B, D: Total Stake x (4/1 + 8/1) = $2 x 12 = $24
🔵 C, A: Total Stake x (6/1 + 2/1) = $2 x 8 = $16
🔵 C, B: Total Stake x (6/1 + 4/1) = $2 x 10 = $20
🔵 C, D: Total Stake x (6/1 + 8/1) = $2 x 14 = $28
🔵 D, A: Total Stake x (8/1 + 2/1) = $2 x 10 = $20
🔵 D, B: Total Stake x (8/1 + 4/1) = $2 x 12 = $24
🔵 D, C: Total Stake x (8/1 + 6/1) = $2 x 14 = $28
🔵 A, A: Total Stake x (2/1 + 2/1) = $2 x 4 = $8
🔵 B, B: Total Stake x (4/1 + 4/1) = $2 x 8 = $16
🔵 C, C: Total Stake x (6/1 + 6/1) = $2 x 12 = $24
🔵 D, D: Total Stake x (8/1 + 8/1) = $2 x 16 = $32
Therefore, the total payout for this exacta box would be $180 ($16 x 11).
Conclusion
A $1 exacta box with 4 horses is a bet that involves selecting four horses to finish first and second in any order. It is a higher risk bet than a straight exacta bet, but it offers a higher reward. The total cost of the bet is $16, and the total payout depends on the odds of the horses selected.