An exacta box is a wager in horse racing that requires the bettor to pick the first and second-place finishers in a race in any order. It is also referred to as a “perfecta box” or a “double.” An exacta box can include as many horses as you’d like, but the more horses you include, the more expensive the bet.
The amount that you pay for an exacta box depends on the number of horses in the box and the size of the track’s takeout rate. A takeout rate is the amount of money the track takes from each bet. Generally, the larger the track, the higher the takeout rate.
How Much is a 2 Exacta Box with 3 Horses?
A 2 exacta box with 3 horses requires the bettor to pick the first and second-place finishers in a race in any order. The amount you will pay for the exacta box depends on the size of the track’s takeout rate.
The takeout rate for a 2 exacta box with 3 horses will usually range from 17-20%. That means for every $2 bet, the track will take 17-20 cents from your bet.
For example, if the takeout rate is 20%, and you place a $2 exacta box with 3 horses, the cost of the bet would be $6 ($2 x 3 horses). The track will take 20 cents from your bet, leaving you with a total payout of $4.80.
How to Calculate the Cost of an Exacta Box
Calculating the cost of an exacta box is relatively simple. All you need to know is the size of the track’s takeout rate and the number of horses in the exacta box.
To calculate the cost of an exacta box, simply multiply the takeout rate by the number of horses in the box. For example, if the takeout rate is 20% and there are 3 horses in the exacta box, the cost of the bet would be $6 ($2 x 3 horses). The track will take 20 cents from your bet, leaving you with a total payout of $4.80.
Advantages of an Exacta Box
An exacta box provides the bettor with several advantages. First, it allows you to cover multiple horses in one bet. This increases your chances of winning, as you are essentially betting on all of the horses in the box.
Second, it allows you to pick the first and second-place finishers in any order. This means that you can pick the same horse to win and place, and still collect a payout.
Finally, exacta boxes are relatively inexpensive, compared to other wagers. This allows you to wager more without spending a lot of money.
Disadvantages of an Exacta Box
Although exacta boxes offer several advantages, they also have some drawbacks. First, they can be costly. As mentioned above, the cost of an exacta box depends on the size of the track’s takeout rate and the number of horses in the box. The larger the box and the higher the takeout rate, the more expensive the bet.
Second, exacta boxes can be complicated to understand. If you are not familiar with the different types of wagers and the various rules, it can be difficult to make the right bet.
Finally, exacta boxes offer lower payouts than other wagers. This means that you may not get as much money back as you would from other wagers, such as trifectas or superfectas.
Tips for Betting on Exacta Boxes
If you are interested in betting on exacta boxes, there are some tips that can help you make the most of your bets.
Do Your Research
Before you place any wager, it is important to do your research. Read up on the different types of wagers, familiarize yourself with the rules, and study the form of the horses in the race. This will help you make informed decisions and increase your chances of winning.
Bet on Favorites
When betting on exacta boxes, it is best to bet on the favorites. Favorites are the horses that are most likely to win, so they are a safer bet. By betting on the favorites, you can increase your chances of cashing in on a winning wager.
Spread Your Bets
When betting on exacta boxes, it is important to spread your bets. This means that you should include several horses in each box, rather than just focusing on a single horse. By spreading your bets, you can increase your chances of winning and maximize your payouts.
Avoid Longshots
When betting on exacta boxes, it is best to avoid longshots. Longshots are horses that have low odds of winning, so they are not a good bet. By avoiding longshots, you can increase your chances of winning and reduce the amount you need to spend on the bet.
Conclusion
Exacta boxes can be a great way to bet on horse racing. They are relatively inexpensive, allow you to cover multiple horses in one bet, and offer the potential for high payouts. However, it is important to do your research, bet on favorites, spread your bets, and avoid longshots. By following these tips, you can increase your chances of winning and maximize your payouts.
When it comes to a 2 exacta box with 3 horses, the cost of the bet will depend on the size of the track’s takeout rate. Generally, the larger the track, the higher the takeout rate. For example, if the takeout rate is 20%, and you place a $2 exacta box with 3 horses, the cost of the bet would be $6 ($2 x 3 horses). The track will take 20 cents from your bet, leaving you with a total payout of $4.80.