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
The following video explains how to place this bet. The steps are the same for Exacta, Trifecta and Superfecta. Rewind the video to review each straight bet.
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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 |