Quinella Bet Explained

Types of Quinella Bets

Apart from the conventional fixed Quinella bets, there are other types of Quinella that you should be familiar with. The most common ones are boxed Quinella and standout/banker Quinella. 

Boxed Quinella

A boxed Quinella allows bettors to choose to include more than two horses. For a successful Quinella box bet, any two of your selections need to place first and second, regardless of the order. By adding more runners, the possibility of winning increases, but the wager also comes with a higher cost.

In a two-horse Quinella, the bettor pays $1 for a 100% return of the payout. 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

In the standout or banker Quinella, the bettor can pick several horses. However, they must choose one, known as “banker,” to finish first or second. The wager wins if the designated horse and any of the other selections finish in the first two positions. If the banker places outside the first or second place, the bet loses. 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. Punters only need to determine the stake they want to place. 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, especially when you bet in Nepal.

How to Place a Quinella Bet

A Quinella bet is a simple wager and suitable for all punters who love horse racing. To place it, just follow these steps: 

• 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 or greyhounds that you want to include in the Quinella.
• Enter the betting amount.
• Place the bet.

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 with this option include William Hill, Ladbrokes, and TAB.

Quinella Combinations and Costs

Quinella punters can place as many combinations as they wish if there are no limitations set by the bookmaker. However, as you include more combinations, the cost of the wager exponentially increases. 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. You should understand the combinations and prices of the Quinella to achieve the best outcomes.

How Does a Quinella Bet Work in Horse Racing?

With Quinella, you choose two runners and predict they will finish in the top positions. But since you’re not selecting the order, you are essentially placing two bets in one. Here is 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 and profit 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. Users in Iran bet on it very often.
• The minimum stake on the Quinella is usually $1.
• 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 event like the Melbourne Cup or Kentucky Derby, a punter may choose the Twilight Payment and Tiger Moth for their Quinella bet. If Twilight Payment finishes first and Tiger Moth finishes second, the wager is a winning one. You will also get a payout in case Tiger Moth wins and Twilight Payment places second. However, if only one of these horses places in the top two, the bet is a losing one.

The payout for Quinella is determined by your stake and the size of the betting pool (total amount of money wagered on the race). After the bookie takes out the commission from the betting pool, the remainder is divided among all the winning wagers based on the number of units staked. 

For example, the Quinella betting pool is $5,000, and the sportsbook takes 10% commission. The $4,500 remains to be divided among winning wagers, with each unit of $1 being considered one winning wager. If there are 200 winning units, you will get $22.5 for every $1 you invested. 

Quinella vs Exacta Box

Quinella is similar to the Exacta box, but with several key differences. For Quinella, punters need to wager only one unit, which covers both combinations. Exacta box requires a stake of one unit for every combination. Also, the payout for Exacta box is calculated using the amount in the betting pool of all Exacta bets, which means it’s usually more profitable.

Profitable Quinella Wagering Strategy

The Quinella betting strategies are essential techniques punters should follow for the best outcome. In creating a profitable strategy, you need to get familiar with the runners based on their trainers, jockeys, and horse racing records.

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. Other examples include the weather conditions and track surface (turf, dirt, or synthetic).

The traditional Quinella is most suitable for beginners. If you’re an inexperienced punter, you must be careful when wagering on the Quinella wheel horse racing or other significant “Quinella” bet types. Check the conditions on local sites if you bet in Luxembourg or other EU countries.