What Are Exotics In Horse Racing?

Exotics betting allows punters to get creative by placing bets on very specific – and often complex – outcomes on a given event. Predicting these outcomes is rarely easy, but with greater risks come greater rewards – MUCH greater if you’re smart about it!

What are exotic bets?

Exotic Bet types are more riskier than the usual win or place bet types but offer punters greater returns as a result. Due to the larger returns that punters can expect from winning exotic bets they typically risk less money to receive a substantial return.

How are exotic wagers calculated?

An easy rule of thumb to remember for determining the cost of exotic wagers is to multiply the number of horses in each leg of the wager by the cost of the wager.

How do exotic bets work?

Boxed Exotic Multi Bets
Sportsbet’s Boxed multi bets all work the same way, with only the number of bets per multi differing between the bets.The 10 bets cover all possible combinations of your 5 selections in lots of 2. Place the same bet as a Treble and you will get 10 multi bets, each one of which contains 3 legs.

How are exotic dividends calculated?

If you are successful with a Flexi bet you collect the percentage of the dividend equal to the percentage of the full cost of the bet you placed; that is your Bet Percentage. So, if your Bet Percentage was 25%, you will receive 25% of the dividend. If your Bet Percentage was 150%, you will receive 150% of the dividend.

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What is a Yankee bet?

A Yankee consists of 11 bets of equal value on selections in four separate events: six doubles, four trebles and one four-fold.

What are tote exotics?

Having introduced you to betting on horses to win or to place on the Tote, we now come to the range of other types of bet available on the Tote. These are known as ‘exotics’.

Can you reduce the cost of a boxed bet?

Betting application
It is recommended to use the flexi betting option when placing box trifectas, as it allows you to reduce the cost and therefore risk of your bet.

What is the average Trifecta payout?

around $7,000
The average payout of a trifecta is usually around $7,000 during the Kentucky Derby. However, that amount drops significantly once you start looking at other races from around the world. It’s still worth mentioning, however, that you will only spend $2 on a trifecta bet.

How much does a $2 Trifecta box cost?

Trifecta Box

Number of Horses 3 6
Combinations 6 120
Cost of $2 Bet $12 $240

What’s after a Trifecta?

Noun. quadfecta (plural quadfectas) (gambling, horse racing) A bet in which the bettor must select the winners of the first four places (i.e., first, second, third, and fourth) of a race in the correct order.

What’s one more than a Trifecta?

The superfecta is a type of wager in USA and Canada parimutuel betting in which the bettor, in order to win, must pick the first four finishers of a race in the correct sequence.

What is the difference between an exacta and a Trifecta?

is that exacta is a bet in which the bettor must correctly pick the two runners who finish first and second, in the correct order while trifecta is (us|australia|new zealand) a bet in which the bettor must select the first three placegetters of a race in the order in which they finish.

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What is the most profitable bet in horse racing?

Accumulator. The Accumulator and other multiple horse bets (pick 6) are the most profitable horse racing bets and the riskiest. To win an Accumulator bet, you have to correctly forecast the winner of six races before the start of the first race.

What is the best bet to make in horse racing?

Types of horse racing wagers (and your chances of winning)

Bet Type Your Chances of Winning
Place Good
Win Average
Quinella Average
Exacta Hard

What is a boxed Trifecta?

A Box Trifecta allows your selections to finish first, second and third in any order. You can also select more than 3 runners, the costs of which are outlined below.

What is a Trixie bet?

A Trixie bet consists of four bets of equal value on three selections in separate events: three doubles and one treble. We explain how a Trixie works as well as the benefits and drawbacks of this type of bet. In a Trixie at least two selections must be successful to get a return.

What is permed Patent?

Permed patent bets
A permed patent can include between four and six selections. This results in up to 28 bets comprising of singles, doubles and trebles to reflect all possible combinations of three different selections. This means you get a return whether one, two, three or all four selections win.

What is a Canadian bet?

A Canadian bet comprises 26 equal bets on selections in five separate events: 10 doubles, 10 trebles, five four-folds and one five-fold. We explain how it works and the benefits and drawbacks of this type of bet. In a Canadian at least two selections must be successful to get a return.

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How are races paid out?

Fixed Odds are Sportsbet’s Odds on a specific Horse or Greyhound. Bets are paid out at the Odds quoted when you Placed the Bet and are subject to deductions.

How do you do a boxed trifecta?

Follow these steps:

  1. LOG IN to your TAB account.
  2. 2.) Tap ‘TODAY’S RACING’.
  3. 4.) Select ‘TRIFECTA’.
  4. 6.) For a ‘BOXED TRIFECTA’, toggle box (this allows your selections to finish 1st, 2nd or 3rd in ANY ORDER)
  5. 7.) Once you’ve made your selections, go to ‘BET NOW’.
  6. 9.) Then tap ‘BET NOW’ and ‘SUBMIT’.

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About Claire Hampton

Claire Hampton is a lover of smart devices. She has an innate curiosity and love for anything that makes life easier and more efficient. Claire is always on the lookout for the latest and greatest in technology, and loves trying out new gadgets and apps.