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Quinella Bet Explained

What Is a Quinella - How to Place a Quinella Box Bet

A Quinella bet allows bettors who love horse races to win. You must note that you can only benefit from this bet type if you understand how it works.

In horse race wagering, there’s a close relationship between the Exacta vs Quinella. You’ll learn more information in our new betting guide.

What Is a Quinella Bet?

A Quinella bet is a wager type that requires punters to pick horses to finish in the first and second place in no specific order. If you’re wondering what a Quinella bet is, you should note that it’s an exotic wager that varies from the conventional Exacta in horse racing. Since there’s no particular order, it’s easier for amateur punters to enjoy the Quinella.

The Quinella box is similar to the typical Quinella explained, but they are different. In a Quinella box, you need to pick three to more horses in the race. Hence, if one of the three horses finishes first or second, you’re successful.

Types of Quinella Bets

Apart from the conventional fixed Quinella bets, there are other types of Quinella that you should know. Here are some of them:

Boxed Quinella

A boxed Quinella is a bet type that allows bettors to choose as many horses as they want to finish first and second places. For a successful Quinella box bet, your selections should be first and second in any suitable order. More runners signify more combinations in this bet type, which increases the possibility of winning at a higher cost.

According to the bet type’s definition, in a two-horse Quinella, the bettor pays $1 for a 100% return of the payout. On the other hand, a three-horse Quinella for $1 will require the punter to pay $3 to $1 for each runner in the horse race. Selecting 5 horses in this type of Quinella would cost $10 for a dollar unit.

Standout/Banker Quinella

The standout or banker Quinella describes a condition where the bettor can pick several horses, but one must finish first or second. It’s common among NZ bookies and other regions around the world. One of the significant advantages of the banker Quinella is that you only need to pay for the other horses, apart from the one you ‘banked.’

Easy Bet

Easy Bet is a less common type of Quinella wager. It requires bettors to enter the amount that they need to spend. After they input that amount, the computer system performs the selection. Ensure you understand how to read Quinella horse racing odds before using this bet type.

How to Place a Quinella Bet

A Quinella bet is a straightforward and essential wager. It’s suitable for all punters who love horse racing. Before placing a Quinella bet, here are the steps to follow for the best outcome on the Quinella horse bet:

  • Create an account with a horse racing bookie.
  • Choose a suitable race, including those involving horse tracks or dog tracks.
  • Pick “Quinella” in the exotics section.
  • Select the horses that you want to include in the Quinella.
  • Enter the betting amount.
  • Place the bet.

Note that if you’re looking for a boxed Quinella bet, tick all the available horses under the ‘boxed’ area of the bookmaker. Place the horses in the first or second box if you want a banker Quinella. Examples of horse racing sportsbooks include William Hill, Ladbrokes, and TAB.

Quinella Combinations and Costs

There are various combinations for the Quinella punters, but the cost may be a problem for most bettors. Using Australia as an example, the maximum number of horses permitted in each race is 24, the highest number of runners you can select.

When boxing a combination of 2 runners, the cost is $1. If you box 3 runners, the price is $3. The highest variety of runners is 24, and it comes with a cost of $276. Lesser combinations like 23 cost $253.

Punters may find boxing 24 runners in the Melbourne Cup quite expensive due to a $1 unit cost. Note that you should understand the combinations and prices of the Quinella to guide you toward the best outcomes.

How Does a Quinella Bet Work in Horse Racing?

In the Quinella wager, the payout is relevant to the amount of money you place on the Exacta and Quinella bets involving the same horses, unlike those on other runners. Note that in the Quinella, you are placing 2 bets in one. If you’re asking how does a quinella work, here’s a guide on how a Quinella bet works in horse racing:

  • The first wager is for Horse 1 to win and Horse 2 to be second.
  • The second wager is for Horse 2 to win and Horse 1 to be second.
  • You’ll win your stake if the first or second wager is correct.

Here are more details about the Quinella bet:

  • Quinella is an exotic wager similar to the Exacta and perfecta.
  • The minimum stake on the Quinella is $1 and sometimes $2.
  • You need to choose the two best horses carefully.
  • It’s not mandatory to use a calculator to perfect the order of the two horses.
  • Boxing your Quinella provides a higher chance of winning.

Quinella Examples

In a horse race competition like the Melbourne Cup involving 24 different runners or Kentucky Derby involving 20 horses, a bettor may choose either the Twilight Payment or Tiger Moth. Either of those horses may end up being among the two winning horses. If your wager is correct, you will get your Quinella payout from the bookie.

For example, a $2 Quinella 4-5 wager will cost $2 and pays off, even if the horses finish at 5-4. A full $2 Exacta wager costs $4 for combinations of 4-5 and 5-4.

If Surprise Baby and Master O’Reilly in the Melbourne Cup are your choices with odds of $6.00 and $3.8 to finish first and second in any order, you’ll get $12 based on the odds calculation (6 multiplied by 4 and the result divided by two).

Another significant example is if “Our Pompeii and Jezabeel” with prices of $6 and $7 are your picks, you will get $21 on your Quinella wager.

Quinella vs Exacta Box

Quinella is similar to the Exacta box, but they’re different bet types. The significant difference between Quinella and Exacta box is the cost. As a punter, you should understand that it costs more to place an “Exacta box bet.” The payout is also more significant for the Exacta box bet.

Profitable Quinella Wagering Strategy

The Quinella betting strategies are essential techniques punters should follow for the best outcome in the bet type. In creating a profitable strategy, you need to know the best horses based on their trainers, jockeys, and horse racing records.

It’s essential to note that specific race conditions are also vital in your quinella strategy. If a jockey hasn’t ridden a horse in a particular race, there may be problems with both the jockey and the horse in the competition, affecting your quinella.

Examples of some factors to consider under race include the weather conditions and track surface (turf, dirt, or synthetic)

Note that the straight Quinella is the most elementary and advisable wager or strategy for a beginner. If you’re an inexperienced punter, you must be careful when wagering on the Quinella wheel horse racing or other significant “Quinella” bet types.

Final Words

Quinella is an exotic horse racing bet type that you take advantage of as a punter. In the Quinella betting system, you must understand the appropriate strategy. You need to create an account with any of the top bookmakers in Australia, the USA, and the UK to enjoy wagers on the Quinella.

Frequently Asked Questions

  • What is a Quinella box bet?
    A Quinella box bet allows bettors to choose as many horses as possible for the second and first places. Your selection must be first or second for it to be successful. The higher the runners you pick for the Quinella box, the more the combinations and the higher the cost.
  • What is the difference between Quinella and Exacta?
    Quinella is a horse racing bet type that requires the punter to pick the two runners who finish first and second in no specific order. On the other hand, the Exacta is a bet in which the punter selects the two runners who finish first and second in the appropriate order. Both bet types are straightforward for beginner and veteran punters.
  • Why does Quinella pay more than Exacta?
    Quinella pays more than Exacta because it involves selecting the first two finishers of the horse race in any order. Besides, the Exacta also costs more, giving it a lesser payout. You can benefit from the Quinella payout once you have an account with a reputable bookie.
  • How does a Quinella payout?
    A Quinella payout is calculated based on the cost of each selection. If horse one pays $3.7 and horse two pays $7.2, the Quinella may pay around $14. The final payout value is typically half or fifty percent of the “Exacta” payout.
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Damilola
Author
Content Writer

Damilola is an expert in the sports gambling niche with a sincere interest in soccer, American football, hockey, basketball, and other major games. He is a freelance writer with ample knowledge of the dos and don’ts of sports betting.

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