The Exacta Wheel bet is picking sets of horses to finish in first and second position. This bet improves your chances of winning because 1 or more horses can be chosen to finish in each position.
Difference between Exacta Wheel and Exacta Box Bets?
Exacta Wheel betting requires a specific order from 2 sets of horses. Exacta box betting requires any order of 3 or more horses.
The Exacta Key Concept
Keying means selecting a set of horses to finish in a certain position. Exactas are for first and second position. That means 2 keys must be made for each Exacta Wheel.
Start with the first position key. Select 1 or more horses. For example, suppose horses 1, 2, 3, 4, 5 & 6 are racing.
Example 1st Key: Horses 4 & 1
That means horses 4 or 1 must finish first. You can only win if 4 or 1 finish first.
Example 2nd Key: Horses 2, 5, 6
That means horses 2, 5 or 6 must finish second. You can only win if horses 2, 5 or 6 finish second.
| Finishing Order | Result |
|---|---|
| 4,2 | Win |
| 4,5 | Win |
| 4,6 | Win |
| 1,2 | Win |
| 1,5 | Win |
| 1,6 | Win |
| Finishing Order | Result | Why? |
|---|---|---|
| 6,4 | Lose | Horse 6 from second key. Horse 4 from first key. |
| 5,1 | Lose | Horse 5 from second key. Horse 1 from first key. |
| 3,5 | Lose | Horse 3 not in first key. Horse 5 correct. |
| 4,1 | Lose | Horse 4 correct. Horse 1 not in second key. |
| 2,6 | Lose | Horse 2 not in first key. Horse 6 correct. |
Exacta Wheel Bets Cost $2 Per Combination
Consider the following examples. We’ve keyed horses into the first and second position positions. Exacta Wheel cost is $2 multiplied by total number of combinations.
Exacta Wheel Cost Calculation: ( (Number first key horses x Number second key horses) – (Number horses found in both keys) ) x (Cost per combination)
Example 1: Exacta Part Wheel
Horses 12 and 7 are your first key.
Horses 8, 4 and 13 are your second key.
0 horses are found in both keys.
( (2 horses x 3 horses) – (0 horses in both keys)) x $2 cost = $12
| Finishing Order | Cost Each |
|---|---|
| 12,8 | $2 |
| 12,4 | $2 |
| 12,13 | $2 |
| 7,8 | $2 |
| 7,4 | $2 |
| 7,13 | $2 |
| Total Cost | $12 |
Example 2: Exacta Full Wheel (1,2 – ALL)
Horses 1 and 2 are your first key.
Horses 3,4,5,6,7,8 are your second key.
( (2 horses x 6 horses) – (0 horses both keys) ) x (Cost per combination)
| Finishing Order | Cost Each |
|---|---|
| 1,3 | $2 |
| 1,4 | $2 |
| 1,5 | $2 |
| 1,6 | $2 |
| 1,7 | $2 |
| 1,8 | $2 |
| 2,3 | $2 |
| 2,4 | $2 |
| 2,5 | $2 |
| 2,6 | $2 |
| 2,7 | $2 |
| 2,8 | $2 |
| Total Cost | $24 |
Exacta Betting Cost Tables
Exacta Wheel Cost Calculation: ( (Number first key horses x Number second key horses) – (Number horses found in both keys) ) x (Cost per combination)
| Key 1 Horses | Key 2 Horses | Total |
|---|---|---|
| 1 | 2 | $4 |
| 1 | 3 | $6 |
| 1 | 4 | $8 |
| 1 | 5 | $10 |
| 1 | 6 | $12 |
| 1 | 7 | $14 |
| 1 | 8 | $16 |
| 2 | 2 | $8 |
| 2 | 3 | $12 |
| 2 | 4 | $16 |
| 2 | 5 | $20 |
| 2 | 6 | $24 |
| 2 | 7 | $28 |
| 2 | 8 | $32 |
| 3 | 2 | $12 |
| 3 | 3 | $18 |
| 3 | 4 | $24 |
| 3 | 5 | $30 |
| 3 | 6 | $36 |
| 3 | 7 | $42 |
| 3 | 8 | $48 |
| 4 | 2 | $16 |
| 4 | 3 | $24 |
| 4 | 4 | $32 |
| 4 | 5 | $40 |
| 4 | 6 | $48 |
| 4 | 7 | $56 |
| 4 | 8 | $64 |
| 5 | 2 | $20 |
| 5 | 3 | $30 |
| 5 | 4 | $40 |
| 5 | 5 | $50 |
| 5 | 6 | $60 |
| 5 | 7 | $70 |
| 5 | 8 | $80 |
| 6 | 2 | $24 |
| 6 | 3 | $36 |
| 6 | 4 | $48 |
| 6 | 5 | $60 |
| 6 | 6 | $72 |
| 6 | 7 | $84 |
| 6 | 8 | $96 |
| 7 | 2 | $28 |
| 7 | 3 | $42 |
| 7 | 4 | $56 |
| 7 | 5 | $70 |
| 7 | 6 | $84 |
| 7 | 7 | $98 |
| 7 | 8 | $112 |
| 8 | 2 | $32 |
| 8 | 3 | $48 |
| 8 | 4 | $64 |
| 8 | 5 | $80 |
| 8 | 6 | $96 |
| 8 | 7 | $112 |
| 8 | 8 | $128 |
| See Also |
|---|
| Exacta Betting |
| Exacta Box Betting |
| Quinella Betting |