Horse RacingQuick Reference

Horse Racing Exotic Bet Costs: A Simple Guide to Boxing Bets

Find out exactly how much your exacta, trifecta, or superfecta box will cost before you place your bet.

Updated: January 20255 min readComplete cost tables included

Quick Answer

A $1 trifecta box with 5 horses costs $60.

$6
Exacta Box (3)
$60
Trifecta Box (5)
$360
Superfecta Box (6)

Calculate Your Exact Cost

Use our calculators for any horse combination

What Does "Boxing" Horses Mean?

When you "box" horses in an exotic bet, you're covering all possible finishing combinations of your selected horses.

Example: 3-Horse Exacta Box

You box horses #2, #5, and #8. Your box covers:

#2 - #5
#2 - #8
#5 - #2
#5 - #8
#8 - #2
#8 - #5

= 6 combinations × $1 base = $6 total cost

You win if any of these combinations hit. The payout is based on whichever combination wins.

Exacta Box Cost Table

Pick the top 2 finishers in either order

HorsesCombinations$0.50 Box$1 Box$2 Box
2 horses2$1.00$2$4
3 horses6$3.00$6$12
4 horses12$6.00$12$24
5 horses20$10.00$20$40
6 horses30$15.00$30$60
7 horses42$21.00$42$84
8 horses56$28.00$56$112

Exacta Box Formula

Combinations = Horses × (Horses - 1)

Example: 5 horses = 5 × 4 = 20 combinations

Trifecta Box Cost Table

Pick the top 3 finishers in any order

Most Popular Exotic Bet
HorsesCombinations$0.50 Box$1 Box$2 Box
3 horses6$3.00$6$12
4 horses24$12.00$24$48
5 horsesPOPULAR60$30.00$60$120
6 horses120$60.00$120$240
7 horses210$105.00$210$420
8 horses336$168.00$336$672

Trifecta Box Formula

Combinations = Horses × (Horses - 1) × (Horses - 2)

Example: 5 horses = 5 × 4 × 3 = 60 combinations

Superfecta Box Cost Table

Pick the top 4 finishers in any order

Costs Add Up Fast!
HorsesCombinations$0.10 Box$0.50 Box$1 Box
4 horses24$2.40$12.00$24
5 horses120$12.00$60.00$120
6 horses360$36.00$180.00$360
7 horses840$84.00$420.00$840
8 horses1,680$168.00$840.00$1,680

Superfecta Box Formula

Combinations = Horses × (Horses - 1) × (Horses - 2) × (Horses - 3)

Example: 6 horses = 6 × 5 × 4 × 3 = 360 combinations

Quick Reference: $1 Box Costs

2Exacta

3 horses$6
4 horses$12
5 horses$20
6 horses$30
Calculate Exacta

3Trifecta

3 horses$6
4 horses$24
5 horses$60
6 horses$120
Calculate Trifecta

4Superfecta

4 horses$24
5 horses$120
6 horses$360
7 horses$840
Calculate Superfecta

Box vs. Wheel: Which Should You Bet?

📦
Box Bet

  • Covers ALL finishing orders
  • Best when unsure of order
  • More expensive
5-horse trifecta box = $60

🎯
Wheel Bet

  • "Key" horse must finish in position
  • Best when you have a strong pick
  • Much cheaper
Key horse + 4 others = $12
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5 Tips for Betting Exotic Boxes

1

Use $0.50 or $0.10 Base Bets

You don't have to bet $1 per combination. A $0.50 trifecta box with 5 horses is only $30 instead of $60.

2

Consider Wheels Over Boxes

If you have one horse you're confident will win, a wheel is much cheaper than boxing. Key that horse to win and box the rest.

3

Don't Box Too Many Horses

Adding one more horse dramatically increases cost. Going from 5 to 6 horses in a trifecta doubles your cost from $60 to $120.

4

Check the Takeout Rate

Exotic bets have higher takeout rates (20-25%) than win/place/show bets (15-17%). Use our Takeout Calculator to see the true cost.

5

Set a Budget Before Betting

Know exactly how much your box will cost before you place it. Use our calculators to avoid surprises at the betting window.

Frequently Asked Questions

How much does a $1 trifecta box with 5 horses cost?

A $1 trifecta box with 5 horses costs $60. This covers all 60 possible combinations of your 5 horses finishing 1st, 2nd, and 3rd in any order. The formula is: 5 × 4 × 3 = 60 combinations × $1 = $60.

What's cheaper: a box or a wheel?

Wheels are much cheaper because you're locking one horse into a specific position. A trifecta wheel with 1 key horse and 4 others costs just $12, while boxing all 5 costs $60. Use wheels when you have a strong favorite to win.

Can I bet less than $1 per combination?

Yes! Most tracks allow $0.50 trifecta boxes and $0.10 superfecta boxes. This cuts your total cost in half (or more). The minimum varies by track and bet type.

Why does adding one more horse cost so much more?

The number of combinations grows exponentially. A 5-horse trifecta box has 60 combinations, but a 6-horse box has 120—double the cost. Each additional horse multiplies your combinations significantly.

What's the difference between an exacta and a quinella?

An exacta requires picking the exact 1st and 2nd place finishers in order. A quinella just requires your two horses to finish 1st and 2nd in either order. Quinellas cost half as much but typically pay less.

Horse Racing Calculators

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