Tote Betting - Tote Exacta

Tote Exacta

The Tote Exacta operates in the same way as a normal bookmaker's straight forecast. As always the Tote price for the forecast is always based on the betting pool dividend. A forecast is to predict the correct order of finishing for the first and second place horses. The minimum bet is £2 and the multiples of 10 pence over this, multiples can also be used to reach the initial minimum of £2. If the bet contains a non-runner the bet becomes void and unnamed favourites are not allowed.

There are three Exacta bets:

Single Exacta (straight forecast). Pick in the correct order the horses which will finish first and second.

Combination Exacta (reverse forecast). Pick in either order the horses which will finish first and second. This bet is actually two bets in one, it is exactly equivalent to two straight forecasts, the first of which you select horse A to beat horse B, and then the second is for horse B to beat horse A. It's possible to specify more than two horses, at which point the bet becomes more complex, for example with three horses the individual bets are now a-b, a-c, b-a, b-c, c-a, c-b.

Banker Exacta (banker forecast). Pick a horse which you think is going to finish first, and then any number of horses to finish second. For instances, with a banker horse a, and with three additional horses, the bets are a-b, a-c, a-d.

Bookmakers that are not Tote-syndicated will offer their own forecast prices based on their own odds that they are quoting. However bookmakers will normally allow you to place a 'Tote forecast' and will pay out whatever the Tote dividend payout was.

Read more about this topic:  Tote Betting

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