How much is a 1$ Trifecta?

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Make Your Bookie Cry And Pull The Hair By Generating $23,187

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To place a Trifecta bet you must choose three horses that you believe will finish first, second and third. To win the bet, those three horses must finish in that order.

Trifecta Box Bet

A common way to play a Trifecta is to box three horses. A $1 box using #1,#2, and #3 would cost $6. The three horses you selected must finish in the top three spots for you to win. A four-horse $1 box would cost $24. Often a better way to play is called a Trifecta key. In this wager, you use one or more “key” horses. For instance if you liked the #1 to win, you could play a $1 Trifecta key of #1 over #2,#3,#4,#5 over #2,#3,#4,#5. This would be a $12 ticket. You need the #1 to win the race and any of your other four contenders to finish second and third. A Trifecta can be tough to hit because often it seems just about any runner in a race can plod home and land third. It is usually best if you can find one or two “key” horses and use those on top, then spreading your ticket out for the second and third spot.

Trifecta Box Cost

Finding a longshot to land in your Trifecta could be the difference from making a small profit and making a big score. If you are looking to bet a trifecta, check out our 2021 Breeders’ Cup Betting Guide.

Just boxing contenders can get pricey:

$1 box using 3 horses = $6

$1 box using 4 horses = $24

$1 box using 5 horses = $60

$1 box using 6 horses = $120

Using a boxing method also means you are weighing all of the contenders with an equal chance of winning. It’s better to try to find one or two key horses to use on top that you think have a great chance of winning the race. If you are looking for a really good Trifecta Calculator, head on over to America’s Best Racing and try it for yourself.

The Best Trifecta Strategy

Here are a few ways to get good coverage with modest investments:

#1,#2 with #1,#2,#3 with #1,#2,#3,#4,#5,#6 = $16

#1,#2 with #1,#2,#3,#4 with #1,#2,#3,#4,#5,#6 = $24

#1,#2,#3 with #1,#2,#3,#4 with #1,#2,#3,#4,#5,#6 = $36

Many tracks now have .50 cent trifectas!

Since it’s generally easier to pick a winner than pick a horse that is going to finish third, it’s a good idea to spread out the options for the third spot. Ideally, when playing Trifecta keys you have a solid opinion on one or two runners in the race and spread enough in the third position in hopes of landing a horse that could be a generous price and increase the payoff. In general, Trifectas don’t offer much value in fields with less than seven runners. Horse races with large fields usually generate the largest payoffs.

Horse Racing Betting Explained

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What is a 0.5 chance?

A probability of 0.5 is the same as odds of 1.0. Think of it this way: The probability of flipping a coin to heads is 50%. The odds are “fifty: fifty,” which equals 1.0. As the probability goes up from 0.5 to 1.0, the odds increase from 1.0 to approach infinity.

graphpad.com - What is the difference between odds and probability? - FAQ 1466

Chance can be expressed either as a probability or as odds. In most contexts, there is no particular reason to prefer one over the other. Most scientists tend to feel more comfortable thinking about probabilities than odds, but that is a matter of training and custom, not logic.

The distinction is simple:

The probability that an event will occur is the fraction of times you expect to see that event in many trials. Probabilities always range between 0 and 1. The odds are defined as the probability that the event will occur divided by the probability that the event will not occur. A probability of 0 is the same as odds of 0. Probabilities between 0 and 0.5 equal odds less than 1.0. A probability of 0.5 is the same as odds of 1.0. Think of it this way: The probability of flipping a coin to heads is 50%. The odds are “fifty: fifty,” which equals 1.0. As the probability goes up from 0.5 to 1.0, the odds increase from 1.0 to approach infinity. For example, if the probability is 0.75, then the odds are 75:25, three to one, or 3.0. If the odds are high (million to one), the probability is almost 1.00. If the odds are tiny (one to a million), the probability is tiny, almost zero.

How to convert odds to probability and odds to a probability

To convert from a probability to odds, divide the probability by one minus that probability. So if the probability is 10% or 0.10 , then the odds are 0.1/0.9 or ‘1 to 9’ or 0.111. To convert from odds to a probability, divide the odds by one plus the odds. So to convert odds of 1/9 to a probability, divide 1/9 by 10/9 to obtain the probability of 0.10.

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