Exacta Wheel Betting

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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.

Example Winning combinations. Key 1 Horses 4 & 1. Key 2 Horses 2, 5 or 6
Finishing Order Result
4,2 Win
4,5 Win
4,6 Win
1,2 Win
1,5 Win
1,6 Win
Example Losing combinations. Key 1 Horses 4 & 1. Key 2 Horses 2, 5 or 6
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

5 Horse Exacta Wheel Combinations. 2 horse first key. 3 horse second key.
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)

8 Horse Exacta Wheel Combinations. 2 unique horse first key. 6 unique horse second key
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)

Exacta Wheel Costs, $2 Per Combination
Key 1 Horses Key 2 Horses Total
12$4
13$6
14$8
15$10
16$12
17$14
18$16
22$8
23$12
24$16
25$20
26$24
27$28
28$32
32$12
33$18
34$24
35$30
36$36
37$42
38$48
42$16
43$24
44$32
45$40
46$48
47$56
48$64
52$20
53$30
54$40
55$50
56$60
57$70
58$80
62$24
63$36
64$48
65$60
66$72
67$84
68$96
72$28
73$42
74$56
75$70
76$84
77$98
78$112
82$32
83$48
84$64
85$80
86$96
87$112
88$128

See Also
Exacta Betting
Exacta Box Betting
Quinella Betting