Go exotic with
an exacta bet

Mar 27, 2006 5:24 AM

Exacta tickets have been around for years. The basic idea is that you bet on the proposition that you will get the same catch in two consecutive games on the ticket you are playing.

Most of these tickets are not bad bets in the sense that the house percentage is usually similar to the percentage on regular tickets. The only problem is that it can be surprisingly hard to hit say two four spots in a row.

I would certainly make sure that I have a regular bet covered on each game I would play the exacta on, and some exacta bets have regular pay outs included in the wager. For you math addicted (or afflicted) here are the odds below, you can figure the percentages.

                             EXACTA ODDS

          (Odds of getting same catch two games in a row.)

   Catch              Frequency                     Odds for 1

   against

                                                       (1/frequency)

    0 / 1         5.625000000000E-01                   1.777778

    1 / 1         6.250000000000E-02                  16.000000

    0 / 2         3.137418000000E-01                   3.187334

    1 / 2         1.442077000000E-01                   6.934445

    2 / 2         3.615206000000E-03                 276.609400

    0 / 3         1.734759000000E-01                   5.764489

    1 / 3         1.856460000000E-01                   5.386595

    2 / 3         1.925258000000E-02                  51.941100

    3 / 3         1.925258000000E-04                5194.110000

    0 / 4         9.506209000000E-02                  10.519440

    1 / 4         1.872568000000E-01                   5.340259

    2 / 4         4.521385000000E-02                  22.117120

    3 / 4         1.870380000000E-03                 534.650700

    4 / 4         9.384372000000E-06              106560.100000

    0 / 5         5.161267000000E-02                  19.375090

    1 / 5         1.645812000000E-01                   6.076029

    2 / 5         7.314720000000E-02                  13.671060

    3 / 5         7.045093000000E-03                 141.942800

    4 / 5         1.462246000000E-04                6838.793000

    5 / 5         4.159279000000E-07             2404263.000000

    0 / 6         2.775614000000E-02                  36.028060

    1 / 6         1.321284000000E-01                   7.568395

    2 / 6         9.506209000000E-02                  10.519440

    3 / 6         1.685311000000E-02                  59.336220

    4 / 6         8.144128000000E-04                1227.879000

    5 / 6         9.582978000000E-06              104351.700000

    6 / 6         1.663712000000E-08            60106570.000000

    0 / 7         1.478030000000E-02                  67.657630

    1 / 7         9.934631000000E-02                  10.065800

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