What is a wheel bet?

What is the wheel bet?

A traditional Wheel bet is placed when the bettor chooses one horse to finish in a specific position, with all other horses in the race combined to finish in the remaining positions that qualify on the type of bet.

What is a key wheel bet?

WHEEL/KEY. This type of wager can be used when you feel that one of your selections will finish in a certain position, either first, second or third. The horse you select to finish in a certain position is your “key” horse. The other horses you have selected may then finish in any order and you are a winner.

How do trifectas work?

When you are betting a trifecta wheel you bet different combinations of horses to finish first, second and third in a race. … Instead, you could bet a wheel where you bet the favorite to win, and the other four horses to finish second and third. The cost of that would be just $12.

How much does it cost to bet a trifecta wheel?

Even though the minimum bet for a boxed trifecta is only $1, you will need to pay a minimum of $6 if you select three horses. Example: Let’s say you select horse #8, #6, and #3 to finish in any order with a boxed trifecta bet. You will need to pay $6 as the three horses can finish in six different combinations.

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How do you bet the top 3 horses?

These horses must finish first, second, and third, in that exact order, for you to win the wager. If picking three horses in order sounds too difficult you can “box” your wager. A boxed trifecta wager will win if your horses finish 1st, 2nd, and 3rd, in any order, making it more likely to win.

What does it mean to box a horse bet?

Many people will box Exactas, Trifectas and Superfectas in order to make it easier to hit a winning ticket. Boxing the bet simply means you are playing all combination of the horses you selected, so that you win when they come in any order.

How much is a $1 trifecta?

Trifecta Box Costs:

$1 Trifecta Box with three horses $6 (6 possible combinations)
$1 Trifecta Box with four horses $24 (24 possible combinations)
$1 Trifecta Box with five horses $60 (60 possible combinations)
$1 Trifecta Box with six horses $120 (120 possible combinations)

What does it mean when you key a horse?

Horse Betting: How to Key a Horse

When you feel that one of your selections will finish in a certain position, either first, second, third or fourth, the horse you select to finish in a certain position is your “key” horse. The other horses you have picked may then finish in any order and you are a winner.

How do you bet trifectas?

As its prefix implies, the Trifecta requires a bettor to select the top three finishers in exact order. Once a wager that required a lot of capital ($2 minimums or $1 minimum boxes were common not that long ago), the Trifecta now can usually be bet most anywhere for as little as 50 cents per combination.

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How does an exacta payout?

The Fair Payoff for an Exacta equals the size of the bet, such as a $2 Exacta, multiplied by the (win horse’s odds-to-1) multiplied by the (place horse’s odds-to-1 plus 1). The odds are each horse’s going-off win odds.