How to Win Tote Exacta Bet.Rules,Strategy and Tips for Tote Exacta.
What is the Tote Exacta ?
The Exacta is a forecast bet for horse racing - you must pick first and second in the correct order.
This is a bet that is run through
the Tote System,whereby all bets by participating punters are pooled,and
the winners get a tote dividend declared,which is decided by the winning
number of bets - less the operating costs of the Tote which is deducted
before the dividend is announced.
The
dividend is what you get,and there are no further deductions for tax or
any Rule 4 implications - these are all settled before dividend
declared.
Should just mention that this bet is the same as the Computer Straight
Forecast on offer at all bookmakers,but unlike the Exacta,the CSF is a
Starting Price calculation deciding the payout.
The
main difference between the 2 bets is that it does not matter how much
money you place on a CSF bet you will get those odds declared,whereas
the Tote Exacta payout can be lessened quite dramatically if a large
winning bet is placed into that particular Exacta pool.
This is important to anyone who
bets on Exacta.
As
said above the payout for Exacta is affected by the size and number of
winning bets in the pool.
For
this reason bets should be kept quite modest when doing the Tote Exacta.
Many punters will be surprised at how little there is bet into those
Tote pools for small mid week meetings,and just a winning £10 Exacta
will decimate your expected winnings.Big meetings and Saturday race
meetings have bigger turnovers and you can bet into those pools a bit
more aggressively without reducing your own payout too much.
If
you do want a big bet on forecast then you are strongly advised to do
the CSF(and don't be upset if the Exacta is much more,because if you did
have that winning bet on the Exacta that dividend would have been much
less).
So,the Exacta is not much good then ? - Far from it ! - It beats the CSF
on most occasions,particularly when you have shock result.
Your tactics must be different when playing the Tote Exacta - more
bets,but smaller units to try and win those shock outsider payouts.
Tote Exacta rules and tactics.
To
win the Tote Exacta you must forecast the first and second in the
CORRECT order.
You
can select 2 horses to finish in first and second place by doing them in
reverse order - that is now 2 bets.
You
can do higher numbers of selections for your Exacta bets in a perm - for
example 3 selections will be 6 bets,4 selections will be 12 bets,5
selections 20 bets,and 6 selections 30 bets.
If
you have a non runner in your Tote Exacta bet you get the following
refunds.If you have just 2 selections,whether straight or reversed,the
bet is void and you get your money back.
Non
runners in combination bets are also returned,but the remaining bets
will go ahead.So if you have a non runner in a 4 selections bet,you
still have 3 selections running.Those 3 selections are 6 bets,and the
non runner is in 6 bets,so you get half your stake returned.
Just calculate the live bets and
deduct that from total original stake and that is what you get returned.
The
Tote Exacta like all Tote bets (except the Scoop 6) is declared to a £1
unit.
You can do combinations or perms
for as low as 10p.If you have a 10p correct forecast you of course get
10% of declared dividend,20p will be a fifth,50p a half and so on.
Some advice for Exacta punters.
As stated above NEVER place a large wager on the Tote Exacta - you will just diminish the payout for yourself.
If you want a large straight
forecast bet,then do those on the bookmakers Computer Straight Forecast
where the payout is set by prices not the number of winning units.
Never do forecast doubles on the Exacta for the same reason.
Combination bets are ok,but better to do separate straight forecast
bets.
If
you do combination bets you may well collect,but if the first 2 in the
betting finish first and second you will be lucky to get your money
back.
Far
better to pick 2 or 3 fancied horses to win and 2 or 3 OUTSIDERS to
finish second.
It's not complicated (if you bet online it is all worked out for you) -
just multiply the number of winners you have with the number of seconds
you have selected.
So,if you have say 3 to win and 4 to be second you have 12 bets (3 times
4) and so on.
This is where the Exacta excels,when the surprise outsider finishes
second - this is when the Exacta pays big,and for quite modest stakes.
The
Exacta,if you are going for big dividends,is a better bet over the Jumps
races than the flat.Why?,well if one or two fancied horses fall,your
outsider bets to finish second obviously now have a better chance.
Apprentices are a good ally when looking for big priced seconds as their
weight allowance and their enthusiasm can tip the balance for second
place on many occasions.
Exacta dividends are often displayed on course and on betting sites -
look for the value Exacta bets,but leave your bets till the off as these
markets are very volatile,and also bear in mind your own bet has yet to
be included and will lower the dividend you see.
Novice Hurdles,maidens and stakes races are much better races to bet in
than Handicaps.Why?,well handicaps are races where theoretically all
horse have equal chances and so the betting is more open.
Non handicaps tend to have 2 or 3 horses at very short prices and the rest are long shots - ideal for Exacta punters ! - again select 2 to win and 2 or 3 outsiders to finish second for that big Exacta payout.
By
Pendil at
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