| Home | Handicapping 101 | Handicapping 201 | Handicapping 301 |
Many people get confused by the different types of exacta bets - boxes and wheels. But, boxes and wheels are nothing more than a quicker way of shouting out the individual bets. A straight "exacta 3-8", has only one combination. The #3 must win, and #8 must run second. If you also bet an "exacta 8-3", you have done the same thing as an "exacta box 3-8", which gives 3-8 and 8-3. If you bet 3-8 and 3-9, you have done the same thing as an "exacta wheel 3 with 8-9."
The exacta box is the simplest and most popular way to bet the exacta
| Bet | What combinations you get | Cost |
| "$1 exacta box 1,2" | 1 or 2 must win and finish second. | Total cost = $2 |
| "$1 exacta box 1,2,3" | 1, 2 or 3 must win and finish second. | Total cost = $6 |
| "$1 exacta box 1,2,3,4" | 1, 2, 3, or 4 must win or finish second. | Total cost = $12 |
The exacta box is just a simpler way of saying all the combinations with your horses. It is easy because all numbers are covered in both first and second equally.
| The Exacta Box covers all combinations of your numbers | ||
| Short way to say it | Long way to say it | Either way, Total cost |
| "$2 exacta box 4-7" | "$2 exacta 4-7" and "$2 exacta 7-4" | $4 |
| "$2 exacta box 1-2-3" | "$2 exactas: 1-2,1-3, 2-1, 2-3, 3-1, 3-2" | $12 |
With an Exacta Box, all horses are weighted equally and played in the same number of combinations. The Exacta wheel, is typically a more advanced strategy, where some horses may be limited to either first or second place.
For instance, if you really like #4 to win, you can save money by only using #4 in the win spot. Where a "$1 exacta box 1,3,4,7" has 12 combinations and costs $12, a "$1 exacta wheel, 4 with 1,3,7" costs $3. This gives you less combinations, but saves a lot of money.
If you really liked #4, you could play an exacta wheel "4 with 1, 3, 7". This means that #4 must win, and either 1, 3 or 7 must run second. This bet has three combinations. A $1 wheel costs $3 in this example.
We could add the #1 to the first spot and #4 to the second spot: 1, 4 with 1, 3, 4 and 7. In this case, either 1 or 4 must win and any one of 1, 3, 4 and 7 must run second. This bet has six combinations. A $1 wheel costs $6. A $2 wheel costs $12.