Quinella
In the Quinella, you must pick the horses that finish first and second. Either one can be first and the other one second. This bet functions exactly the same as the "Exacta Box". Although the Quinella has the same function as the "Exacta Box" the payoff can vary substantially. You must remember that there is no such wager of an exacta box, it is really two separate bets on one ticket. The Quinella wagers are entered into their own pool separate from the exacta pool. Not all tracks offer the Quinella wager, but to the best of my knowledge all tracks accept the term exacta box where ever the exacta wager is offered. If both the Quinella and Exacta wagers are offered it is wise to check the tote board before making a Quinella or Exact Box wager to see which one offers the greater payoff.
Types of Horse Racing Bets
Straight Bets Quinella Trifecta Daily Double Superfecta Exacta Pick 3 and Pick 4Quiniella Box
Pick three or more horses. You win if any two of your selections finish first and second. To bet you say "$2 quiniela box on 4, 5 and 6". You are making three separate bets so your minimum bet is $6. If they finish 4-5, 4-6, 6-4, 6-5, 5-4 or 5-6 you win. You can box as few as three or as many as the field.
Quiniella Double
Quiniella Double is a combination bet of two winning quiniellas in the last two races. Select two horses to win and place, in either order, in each of the last two races. You must win both quiniellas to win your Quiniella Double.Quiniella Wheel
You can also 'wheel' a favorite horse, so that it is combined with all the other horses. Based on the $2 value, the total cost of a wheel with say, 6 other horses is $12. For example; if you wheel #2 with 6 other horses in the same race and #2 comes in first or second, you win because you have all the 6 combinations covered.