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Help me understand this horse track bet

Posted on 6/8/19 at 8:49 am
Posted by Grassy1
Member since Oct 2009
6256 posts
Posted on 6/8/19 at 8:49 am
Took a several of my friends to Evangeline Downs last night, and had a pretty nice time. The weather and the company was great. I've only been to the horse races about a dozen times in my life, so I barely know enough to place a bet.

My fav bet has always been a Trifecta Box. Which if I understand correctly, I'm picking which horses will Win, Place, and Show, in no. particular order. Correct?

About Race 4 or so, I bet $12 on the 2-4-7 horses, and they finish in the top 3 places. I don't recall, but there was probably only 6 horses in the race. I'm excited, thinking I'll proabably win $30 or so. Give my gf the ticket to cash (thinking I will impress her with gambling prowess.). She returns with $8 and some odd cents.

Really? Did I actually lose money on that bet? I squeezed her for the rest of the winnings, but she insists that's all she got. Then my friend tells me the same thing happened to him on the same race, although the bet it slightly different.

Is it possible to lose $ on a Trifecta Box bet even when you get it right?

By the way, afterwards, took a tip from Willowick and ran up to Washington to The Steamboat Restaurant for dinner, and it was great! I recommend it.
Posted by Bustedsack
Member since Dec 2017
4387 posts
Posted on 6/8/19 at 8:51 am to
quote:

several of my friends


Subtle I have multiple personalities brag.
Posted by LSU Fan SLU Grad
Baton Rouge
Member since Nov 2006
4893 posts
Posted on 6/8/19 at 8:54 am to
quote:

I'm picking which horses will Win, Place, and Show, in no. particular order. Correct?


I always thought you had to get them in the right order.
Posted by Aspercel
Member since Jan 2009
106147 posts
Posted on 6/8/19 at 8:54 am to
If it’s a favorite parade you will lose money even if you win. I’m chickenshit so I box everything, but it makes the bet more expensive.

Your winnings are based on the odds of the horses that come in.

LSU fan, not if you box them. That covers any order but you pay for it.
This post was edited on 6/8/19 at 8:55 am
Posted by BigPerm30
Member since Aug 2011
25948 posts
Posted on 6/8/19 at 8:55 am to
She gave me $22 to suck me off in the bathroom. Sorry, baw.
Posted by Jones
Member since Oct 2005
90541 posts
Posted on 6/8/19 at 8:57 am to
Depends on the odds of those 3 horses

If you picked the 3 with the best odds, a box isn't going to amount to much

It's a granny bet
Posted by Ron Popeil
Mississippi coast
Member since Nov 2018
769 posts
Posted on 6/8/19 at 8:57 am to
The .50 trifecta only paid $2.00 if you bet it straight. By boxing it, you bet any possible combination of the 3 horses for .50. Because all the horses had low odds, you lost money.
Posted by Aspercel
Member since Jan 2009
106147 posts
Posted on 6/8/19 at 8:59 am to
That’s a fitting name for me I guess
Posted by Grassy1
Member since Oct 2009
6256 posts
Posted on 6/8/19 at 9:05 am to
Ok.. thanks for the help. Obviously I'm no pro and just like to win one every once in a while, and usually don't even look at a program until I'm standing trackside.

It was still a good time.

Posted by whitefoot
Franklin, TN
Member since Aug 2006
11181 posts
Posted on 6/8/19 at 9:09 am to
When you box a trifecta, you're making 6 different bets. Say you're boxing the 1, 2 & 3 horses.

You're making the following $2 bets:
1,2,3
1,3,2
2,3,1
2,1,3
3,1,2
3,2,1

One of these $2 bets won and had about 4-1 odds, hence your $8 payout.

In the future, if you're betting favorites, try not boxing them. Or, try an exacta box where you're only picking win and place, but only making 2 bets ($4).
Posted by Jones
Member since Oct 2005
90541 posts
Posted on 6/8/19 at 9:09 am to


Always just seemed like a bet to just have a bet for the race

how are the resident horsey td girls doing?
Posted by Zendog
Santa Barbara
Member since Feb 2019
4489 posts
Posted on 6/8/19 at 9:14 am to
The house takes out something like 24% in horse racing first off. And yes it is possible if you have 3 clear favorites and 3 hags running
Posted by windshieldman
Member since Nov 2012
12818 posts
Posted on 6/8/19 at 9:15 am to
Sorry to change the subject somewhat. Is the Louisiana Downs worth going to around Shreveport? I’ve never been to a horse track but thought about going with kids just for the hell of it. Do you just walk in and sit anywhere or do they have a fee to get in? I tried looking online and not much info on all that.
Posted by Aspercel
Member since Jan 2009
106147 posts
Posted on 6/8/19 at 9:19 am to
I’m there for the horses, not really for the betting. My go to is a 3 horse exacta box

We are pretty good. Haven’t been to a track with BB in a while.

Wind, LAD is a shell of its former self but still fun. That’s where my horse summered because it has a better turf course. The casinos have been slowly killing it. Last year not even half the barns were full. Hard to believe they used to run a grade 1.

No charge, just walk right in.
Posted by windshieldman
Member since Nov 2012
12818 posts
Posted on 6/8/19 at 9:23 am to
Thanks for the response
Posted by the paradigm
Moon Township, PA
Member since Sep 2017
5417 posts
Posted on 6/8/19 at 9:23 am to
If the three favorites finished 1-2-3 then you’re obviously not gonna win much. The only way you’ll win a significant amount is if you pick a couple with low odds and they manage to finish top 3. I usually bet on jockey, not horse. Saenz and Melancon are usually the best jockeys there so I’ll bet on them no matter what the horse’s odds are.
Posted by Aspercel
Member since Jan 2009
106147 posts
Posted on 6/8/19 at 9:25 am to
The kids will have a blast. Warning, for some reason that place feels about 10 degrees hotter than everywhere else. At least the grandstand is air conditioned.
Posted by majoredinwhitehorse
lower alabama
Member since Nov 2016
804 posts
Posted on 6/8/19 at 9:27 am to
You won $8 on a $2 bet-
You made 5 other $2 bets that lost.

Boxing 3 favorites rarely pays off, unless it’s a huge field with a lot of action.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31158 posts
Posted on 6/8/19 at 9:36 am to
You can't lose money on a winning bet. So either you didn't bet as much as you thought, the payout was incorrect, or your girl took some.
Posted by Aspercel
Member since Jan 2009
106147 posts
Posted on 6/8/19 at 9:43 am to
You can if you box it and the big favorites come in.

He didn’t just bet those 3 horses in a straight tri, the box has you bet every possible combination of those 3 horses.
This post was edited on 6/8/19 at 9:45 am
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