An Exacta is a bet that is placed on the first and second place finishers of a horse race. It is essentially a bet on two horses, with the person making the bet attempting to guess which two horses will finish in first and second place respectively. Exacta bets are one of the more popular wagers in the horse racing world, and can often be found at most racetracks.
How Much Does an Exacta Cost?
The cost of an Exacta bet will vary depending on the racetrack and the type of wager being made. Generally speaking, Exacta wagers will start at a minimum of $1 and can go up to $10 or more, depending on the racetrack and the type of wager.
How to Place an Exacta Bet
Placing an Exacta bet is relatively easy and can be done at most racetracks. The first step is to select the two horses that you believe will finish first and second. This can be done by examining the form for each horse and making a educated guess as to which two horses will finish first and second.
Once you have selected the two horses, you will need to fill out a betting slip with the two horses that you have selected. On the betting slip, you will need to indicate the amount of money you are willing to wager on the Exacta bet, as well as the type of wager you are placing. Once you have done this, you can hand the betting slip to the teller and they will give you a ticket with the Exacta bet that you have placed.
Types of Exacta Bets
There are various types of Exacta bets that can be placed. The two most common types of Exacta bets are the Straight Exacta and the Box Exacta.
Straight Exacta
The Straight Exacta bet is the simplest type of Exacta bet and requires the bettor to correctly select the first and second place finishers in the exact order. If the bettor is successful, they will receive a payout based on the odds of the horses that they have selected.
Box Exacta
The Box Exacta is a more complex type of Exacta bet and requires the bettor to select two or more horses that they believe will finish in either first or second place. The bettor will then receive a payout if any of the horses they have selected finish in either first or second place.
How Much is a 4 Horse Exacta?
A 4 Horse Exacta is a type of Box Exacta bet, where the bettor selects four horses that they believe will finish in either first or second place. The cost of a 4 Horse Exacta will vary depending on the racetrack and the amount of money being wagered. Generally speaking, the minimum cost of a 4 Horse Exacta bet is $1 and can go up to $10 or more, depending on the racetrack and the type of wager.
Calculating a 4 Horse Exacta Payout
The payout for a 4 Horse Exacta bet will depend on the odds of the horses that the bettor has selected, as well as the amount of money that has been wagered. Generally speaking, the more money that is wagered on the Exacta bet, the higher the potential payout.
Popular 4 Horse Exacta Strategies
There are various strategies that can be used when placing a 4 Horse Exacta bet. Some of the more popular strategies include:
- Key Horse Strategy: This strategy involves selecting one horse that the bettor believes will finish in either first or second place, and then pairing that horse with three other horses that the bettor believes will finish in either first or second place.
- Boxed Strategy: This strategy involves selecting four horses that the bettor believes will finish in either first or second place and “boxing” them together. This means that the bettor will receive a payout if any of the horses they have selected finish in either first or second place.
- Split Ticket Strategy: This strategy involves splitting the four horses selected into two separate bets. The bettor will place a Straight Exacta bet on one pair of horses and a Box Exacta bet on the other pair of horses.
Conclusion
A 4 Horse Exacta is a type of Box Exacta bet, where the bettor selects four horses that they believe will finish in either first or second place. The cost of a 4 Horse Exacta bet will vary depending on the racetrack and the amount of money being wagered, but generally speaking, the minimum cost of a 4 Horse Exacta bet is $1 and can go up to $10 or more. There are various strategies that can be used when placing a 4 Horse Exacta bet, and the potential payout will depend on the odds of the horses that the bettor has selected, as well as the amount of money that has been wagered.