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## How do trifectas work?

In horse racing or greyhound racing, a Trifecta bet is **when you place a bet on the three horses which you think will finish the race first and second and third, in a specific order**. If they finish in the correct order you win, and you can win big!

## How are trifectas calculated?

To figure the cost of a Trifecta Key, **multiply 1 times the number of horses you used times the number of horses you used minus one**. For example, a $1 Trifecta Key 1 with 2,3,4,5 would be 12 possible combinations (1 x 4 x 3 = 12).

## How much does it cost to Box 6 horses in first 4?

For box First four bets, you multiply the number of selections for 1st place, 2nd place (minus 1), 3rd place (minus 2) and fourth place (minus 3). If you box six horses in a First four bet, it will cost **6 x (6-1) x (6-2) x (6-3) = $360 for a full $1 unit**.

## What is a mystery quinella?

A Quinella is **exotic bet that requires you to select runners that finish 1st and 2nd, in any order**. Quinellas are different to Exacta bets, which require you to pick the 1st and 2nd runners home in the correct order.

## How does a flexi bet work?

With Flexi Betting, **you decide how much to spend**. The number of combinations you have does not determine the cost of the bet. Your nominated outlay is spread across the combinations you choose, and recorded as a percentage of the full cost of the bet. Pay for the proportion of the bet you can afford.

## What does a trifecta pay?

Here are the payouts for the exacta, trifecta and superfecta: Exacta: 6-5, $2 exacta paid out $98.60. Trifecta: 6-5-3, $0.50 trifecta paid **out $81.35**.

## How are Win Place Show payouts calculated?

Win payouts are based on a $2 wager. **Multiply the Tote-Board odds times $2 and then add the $2 wager back**. For example, #8 is (7-1), so 7 x $2 = $14, Add $2 = $16 payout. To calculate prices for odds other than X-1, simply convert the (fractional) odds to a decimal equivalent and do the same calculation.

## How are horse race payouts calculated?

Your payout is calculated by **subtracting the amount of winning dollars from the total pool**, then dividing the remaining pool by the amount of cash bet on the winner, and finally adding back in the winning bet amount.

## How are exacta payouts calculated?

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 much does it cost to Box 5 horses in a first 4?

A. The amount you invest is calculated as a percentage of the full dollar dividend. Example: a boxed First 4 with 5 runners costs **$120** to receive 100% of the dividend. If you invest $30, your percentage is 25% of the dividend.

## How much does a first 4 bet cost?

A Boxed First Four – which allows for the horses to finish in any order – with the same number of selections (4 selections being the minimum) will cost **a minimum of $24** due to the increased number of winning combinations.

## How much does it cost to Box 4 horses in a first 4?

Box First 4

This means having four or more selections and they can finish in any order as long as they fill the first four positions. If you have boxed four horses then to receive 100 per cent of the dividend, you must place **$24 at stake**.