How To Figure Out Trifecta Payout

The net pool is divided up among the number of $1 winning wagers to calculate the payoff per $1 bet. Since most tracks announce a $2 payoff, all they do is double it. If there is $400,000 in the.

The trifecta is one of the most popular online betting choices among horseplayers, and for good reason. A small investment can turn into a generous windfall if you can correctly pick the exact running order of the top three finishers in a horse race. However, being a consistent winner in horse race trifecta betting takes smarts, handicapping prowess, and a little luck does not hurt either.

Trifecta bets can be broken down into several key elements:

• Handicapping a horse race and coming up with the major contenders in a race.
• Finding a horse race in which at least one or two of the top three betting favorites looks vulnerable.
• Laying out the trifecta tickets to maximize profits and coverage.

*Below are a few horse racing trifecta betting tips to keep in mind when heading to the betting window

Selecting the Race

In general, do not wager on races in which there are six runners or less, or in a race where you think the top two betting choices are going to complete the exacta. Even if you land a longshot in the third slot, the trifecta seldom will come back with a good payoff, and in the long run is not a good bet.

• How Much You Win The amount you win is calculated by dividing up the pool of money. that the entire betting community spent on trifectas in a race by the amount of correct $1 bets. Therefore, if you place a $5 Trifecta bet, you'll have five shares in the winning Trifecta pool. After taxes and fees are removed.
• Even though the minimum bet for a boxed trifecta is only $1, you will need to pay a minimum of $6 if you select three horses. Example: Let's say you select horse #8, #6, and #3 to finish in any order with a boxed trifecta bet. You will need to pay $6 as the three horses can finish in six different combinations.
• There is no set payout in pari-mutuel horse racing betting. The payoff for a Superfecta will always be determined by the overall purse, and how much of that money was placed on the winning Superfecta, as opposed to any other bets placed.

The best races to attack when doing trifectas is when you can find a race in which one or two of the top betting choices look weak, and in a large field where there are several live longshots that can land in the money.

Laying Out Your Ticket

The biggest mistakes is how tickets are played. Many horseplayers will narrow the field down to three or four horses, and just box the contenders.

Here is a look at the costs for boxing:

$1 trifecta box using 3 horses = $6
$1 trifecta box using 4 horses = $24
$1 trifecta box using 5 horses = $60
$1 trifecta box using 6 horses = $120

Using a box strategy is fine if you actually think each horse on your ticket has an equal chance of winning, but that is seldom the case. A better strategy is to find one or two key horses that have the best chance to win, then more of your bankroll can be devoted to the second and third slots, which are generally trickier to fill.

Instead of just boxing your top four selections for a $24 investment, you could lay out the ticket like this:

• 1,2 over 1,2,3,4 over 1,2,3,4,5,6 = $24

A $60 ticket could look like this:

• 1,2,3 over 1,2,3,4,5 over 1,2,3,4,5,6,7 = $60

Most horseplayers find it easier to pick a winner than it is to find the horse that is going to land home third, and by spreading out on the bottom end of the ticket, you just might land a few longshots that complete a hefty trifecta payoff.

The 50-Cent Trifecta

$1 Trifecta Payouts

Some tracks are now taking 50-cent trifectas, which give horseplayers added options.

With 50-cent tickets now available in online horse trifecta betting, even horseplayers with a limited bankroll can cover more options. The two examples of our trifecta keys above would be half the price, $12 and $30.

Of course, the payoff if you hit the trifecta would be half. However, with the money saved by halving the ticket, an astute horseplayer could play extra tickets with key horses.

For example the 1,2 over 1,2,3,4 over 1,2,3,4,5,6 for $12 could be supplemented with additional tickets.

For instance the following 50-cent tickets:
1 over 2 over 3,4,5,6,7,8 = $3
1 over 2,3 over 2,3,4,5 = $3
1 over 2,3,4 over 2,3,4 = $3
2 over 1,3 over 1,3,4,5 = $3

If your two key horses finish in the first and second spot, you are lined up to hit the trifecta multiple times. The key to successful trifecta wagering is to structure your tickets according to what you think the probabilities of the outcome are going to be.

You will save money by structuring your horse race trifecta betting tickets in this manner. While you may cash fewer tickets than using a boxing method, in the long run your return on investment will be higher. In addition, having multiple tickets with your key horse in the top spot could lead to higher payoffs.

These are just a couple of horse racing trifecta betting strategies that can make your online horse wagering more enjoyable and profitable.

Part Wheel Wagers – Pyramid Style

In a prior article we introduced the wager known as a Part-Wheel; and demonstrated how to use a Part-Wheel instead of Boxing horses in a Trifecta wager. Click here for a review of that article. Today we are going to expand on this type of wager, and provide some examples on how you might construct a bet using a Part Wheel Wager – Pyramid Style.

Let's begin by explaining that a Part Wheel is a wager that is recognized by tellers at a race track. You would say a Part Wheel wager to a teller like this:

$2 Trifecta, Part Wheel, 2 with {4,6} with {4,6}. (This results in two Trifecta bets: 2,4,6 and 2,6,4)

This is a very simple example, but can be expanded to include much more sophisticated wagers.

Let's create a race scenario with horse numbers, odds, and presumed handicapping thoughts. Let's assume a 11-horse field with your list of contenders narrowed down to the following horses:

Kentucky Derby Trifecta Payouts History

Using this information, you might construct a Trifecta Part-Wheel wager as follows:

$2 Trifecta, Part Wheel, 1 with {2,4,6} with {2,4,6,9,11}.

This results in 12 combinations: (1,2,4); (1,2,6); (1,2,9); (1,2,11); (1,4,2); (1,4,6); (1,4,9); (1,4,11); (1,6,2); (1,6,4); (1,6,9); and (1,6,11). These combinations will not print out on your ticket, but they are implied by the Part-Wheel wager. Below is what your ticket will look like.

In this example we are 'keying' our top selection over other horses. If you were betting $2 Trifectas, this would result in 12 combinations times $2 per wager, for a total of $24 wagered.

So what happens if the #9 horse runs better than expected and finishes 2nd? Let's say the results are 1-9-4. Unfortunately, our ticket does not win … because we required that 2,4,6 finish in 2nd place. Why would we have not used #9 and #11 in the second position? Simple answer: cost. Constructing a ticket of 1 with {2,4,6,9,11} with {2,4,6,9,11} would result in 20 combinations instead of 12. Causing our investment to nearly double from $24 to $40 in this example.

This begs the question, how do you know how many combinations are going to be in a Trifecta Part-Wheel wager? If your wager is constructed in a Pyramid Style where you are adding horses to each 'leg' of the wager, the math is fairly simple for a 1-horse key wager like the one above.

Presume a Trifecta Part Wheel wager of: 1 with {A} with {B}.

Where {A} is the number of horses in the 2nd position and {B} is the number of horses in the 3rd position.

How To Calculate Trifecta Bets

Presuming that {B} contains all of the horses in {A} plus some additional horses (like the above example) the mathematics would be:

1 x A x (B-1) = total number of combinations.

Here are some examples:

From this example, you can see that your ticket cost can grow quite rapidly the more horses you add into the mix. This is why your handicapping is so important to allow you to construct affordable tickets. Regarding affordability, nearly all racetracks provide minimum Trifecta wagers of $1, and in some cases 50-cents. So the cost of the above tickets can be reduced to fit almost any budget.

Now keep in mind that the mathematics change when you use more than one horse in the win position. We'll be covering that and also getting into more sophisticated Pyramid Style – Part Wheel wagers in the next article, including the mathematics for Superfecta tickets.

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Trifecta Payout Chart

By Neal Benoit Gtbets review.