How Do Exactas 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...
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.
How do Exactas pay out?
The Exacta dividend is determined by totalisator pools, meaning you will typically receive whichever of the three Australian TABs (or totes) applies in your region. The Exacta will almost always pays out more than the Quinella due to the increased difficulty of selecting the horses in order.
How do Exactas work?
An Exacta consists of picking two runners to place first and second in the correct order. You can select as many runners as you want and make it a boxed Exacta, or also pick a standout for first or second position.
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