A Boxed Trifecta, on the other hand, allows the punter to make any number of selections (limited to field size) with their runners being able to finish in any order. How much does a Trifecta cost? As a basic rule, for every possible winning combination the cost of your Trifecta will increase. To figure the cost of a Trifecta Part Wheel, multiple the number of horses in the first position, times the number of horses in the second position minus 1, times the number of horses in the third position minus 2. Trifecta Box Costs: In a Trifecta Box, any of the horses you selected must finish first, second or third in any order. Boxed Trifectas are a popular trifecta betting method where you bet a number of selections to come first, second and third in any order. With boxed trifectas you get every possible combination of your selections for first, second and third. As you can see with a boxed trifecta, you are creating a straight trifecta for each possible combination. The trifecta key consists of horses numbered 1, 4, and 6, but you cover each possible way the horses could finish. You are taking less risk, but your initial stake also does increase.
The professional approach to trifecta betting is to bet each combination individually with varying amounts. But rather than base trifecta predictions on win chances one must use place chances because the order of favouritism for second and particularly third can be different from that for the win. Put another way, the trifecta chances of three runners depending on the win chances of every other runner in the race! As a result, we can show that a trifecta of three runners at say $3, $4 and $5 will actually have different chances of occurring and pay different amounts depending on the chances of the other runners in the race.
Our 'Place Odds and Trifecta Report' explains all this in much more detail and our Tote Pro software applies all the necessary calculations. Tote Pro was described by the late trifecta genius Peter Bent as 'the very best trifecta program on the market' adding that 'I know what features a good trifecta program should include and believe me when I say this program includes all those features and then some'.
Tote Pro used to sell separately for $1,995 but is now fully integrated into our Bet Selector Gold software and above. For a free copy of this software plus a free copy of our 'Place Odds and Trifecta report' just send an email with your first name in the subject line todemo@capitalinfo.com.au
When betting a Trifecta you get paid a dividend by picking the first three place getters in order. To maximise your chances of wining you need to bet a number of combinations. Following are ways to do this from simple (and inefficient) to more complicated (and more profitable):
Don't forget our 'Place Odds and Trifecta Report'. It along with our free Tote Pro software shows you how to bet individual trifecta combinations with individual amounts like the professionals do. A link to the report and software will be sent to you by return email when you request the free eBook by following the instructions in the box below.
If you are betting on horse racing, you should know how to place a Trifecta. This wage is hard to get right, but has big profit potential. Trifecta Betting is popular because even a small wager can have a big payoff due to the difficulty of correctly selecting the top 3 finishers. It’s one of the best ways to win big without putting a lot of money at risk.
A Trifecta Bet is when the bettor selects the first, second, and third places finishers in exact order. If they finish in the correct order you win, and you can win big! If those exact horses don’t finish the race in that exact order, the bet is lost.
There are four different types of Trifecta Bets you can place, a straight, key, box, or wheel. Even the most seasoned bettors don’t always understand how each work. Let us break each one down:
This is the simplest type of Trifecta Bet. It’s a single wager where you pick exactly three horses and decide the exact order you think they will finish in. That’s it. The horses MUST finish for you to win. This is not a very forgiving bet, but when you risk high, you can win big.
A Trifecta box can also be known as a reverse triactor or a combination tricast. In this bet, you choose the top three horses, but they can finish in any order. This makes it easier to win, but it comes at a cost. It’s a multiple wager, which means you’re clearly much more likely to get a win here but you have to pay for each combination of your chosen horses. A Trifecta box on three selections costs $12 instead of $2 for the straight Trifecta. A Trifecta box can cover more than three horses. But the increase in possible combinations increases the cost. With four horses, for example, there are 24 possible combinations. The cost to cover them all is $48.
This bet is a good one when you have confidence in one of your picks, but you’re unsure about the others. So you choose one “key” selection and other “non-key” selections. The Trifecta Key box keeps the total cost lower, while allowing you to bet on your key players. For example, you can bet on the first and third place finishers and choose one or more other horses to fill in the second place spot.
A Trifecta wheel is where you pick one horse to finish in a specific position, and back all possible combinations with the rest of the field. You pay for each possible combination, which depends on how many horses are taking part in the race. As long as your winner wins, you win; but you’re relying on one horse to win the race. You can opt for a part wheel Trifecta, which means you pick one horse to finish first, and then pick a select number of horses that will finish second and third. Here, you’re only covering less possible combinations, so you’ve reduced your overall chances of winning but you’re being much more efficient with your money.
The minimum betting amount for a Trifecta Bet both online and at the track is $0.50 or $1. These bets are very popular, because they are a low cost bet. Of course, the larger the field, the larger the payout.
Trifectas are a form of pari-mutuel wagering which means that payouts are calculated based on the share of a betting pool. A new pool is created for each race. The bigger the pool, the bigger the payout if you win. Here’s a basic example of how this works.
In a real betting situation, you also have to factor in that not all bets are $1 and the track will take their cut before the prize pool is calculated, so there are additional payouts to consider. However, don’t let that worry you. Trifecta Bets can still give huge returns.
Each type of Trifecta Bet is calculated a bit differently, which is why it’s important to know how much money you’re putting in based on the risks involved. Let’s look at how to calculate the costs of a Trifecta Bet.
$1 Trifecta Key Costs: To figure the cost of a Trifecta Key, use this simple equation: $ x Number of horses x number of horses minus one.
Trifecta Part Wheel Costs: Multiply the number of horses used on top or the win position of the exacta with the number of horses used in the second position (less one if the same number is used on top in the exacta).
Trifecta Box Costs: To figure the cost here simply multiply the number of horses used by the number of horses used less one.
The more horses you add to an Exacta Bet, the more likely you are to lose money in the end. If you bet on 8 horses, you have more chances of winning, but you would be lucky to make $30, resulting in a loss of nearly $650. For this reason, Exacta Box horse racing betting is generally best left to experienced handicappers, or those who employ the services of a veteran handicapper.
Of course, the track will take out its portion before the prize pool is calculated so the payout wouldn’t be exactly $120. But still, a $100 return on a $2 bet is amazing odds.
Whether it’s a huge race or an unexpected win, an Exacta payout usually gives a decent return, which is why it’s one of the most popular bets.
You can place Trifecta Bets at any racetrack or off-track betting bureau. At the track, you simply complete a betting slip or you can just request your selection verbally at the counter. If you’re not sure what to do, just ask a member of staff for some assistance. If you’re still a little unsure about how to place your bets or where to put your money, don’t worry. You’re not the first person to need a bit of help, which is why AmWager is here.
Horse betting can be an intimidating endeavor until you get used to the wagers, lingo, and payouts. AmWager has an easy to use online betting platform anyone can use to place their bets. Check it out and try your hand with the horses, it might be the one step to your next lucky break.