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WHAT IS A QUINELLA?

A quinella is a horse racing bet where you pick the two horses that finish first and second, in either order. Get the top two right and the order doesn’t matter.

TWO HORSES • ANY ORDER

3 THINGS TO KNOW

Name the top two, forget the order, and get paid from the quinella’s own pool.

01

TWO HORSES

Fill the first two spots.

02

EITHER ORDER

3-5 or 5-3, one ticket.

03

ONE POOL

Separate from the exacta.

TOP TWO, ANY ORDER

Same question as the exacta, who runs one-two, minus the hard part. Pick #3 and #5 and cash on 3-5 or 5-3. Easier to hit, so on average it pays less than an exacta.

ONE BET COVERS BOTH

You like #4 at 5/1 and #7 at 7/2 for the top two. A $2 quinella on 4-7 is one ticket covering 4-7 and 7-4. #7 wins, #4 runs second, and the $2 quinella pays $31.40. A $1 exacta box on the same pair cost the same $2 and paid $34.80.

Close prices, same outlay, one bet instead of two.

4-7 FINISHES 7-4

$2 QUINELLA

ONE BET • $31.40

$1 EXACTA BOX

TWO BETS • $34.80

TWO POOLS, TWO PRICES

HALF THE COMBINATIONS

Order is irrelevant, so a quinella box has half the combos of an exacta box. Combos = horses × (horses − 1) ÷ 2.

$6

3-HORSE $2 BOX

$12

4-HORSE $2 BOX

KEY THE LOCK

Key #3 with #5, #7 and #9 and you hold 3-5, 3-7 and 3-9: $6 at $2. A 4-horse box of the same runners is $12 and spends half of it on pairs that don’t include #3.

STRAIGHT $2

KEY $6

4-BOX $12

QUINELLA OR EXACTA BOX

Same cost, same winning spots, different pools. When a favorite runs second to a longshot, the $2 quinella can pay near or above the $1 exacta box. Take the better.

QUINELLA

$31.40

EXACTA BOX

$34.80

WHERE QUINELLAS LIVE

Not every track carries a quinella pool; where it runs, it sits by the exacta.

STAKES

DERBY

HARNESS

DIRT

TURF

QUINELLA VS. THE FIELD

Top two, either order. The others tighten the order rule or add a third horse.

ANY

QUINELLA

Top two in either order on one bet.

1-2

EXACTA

Top two in exact order; harder, higher payout.

2x

EXACTA BOX

Two exactas, both orders; paid from another pool.

1-3

TRIFECTA

Top three in exact order; a big step up in price.

WRAPPING IT UP

A quinella is two horses to finish first and second in any order. It’s cheaper to box than an exacta, safer than keying a favorite on top, and paid from its own pool. Hedge a shaky favorite, cover a wide-open race, or leave the chalk out for a price.

HEDGE WITH UPSIDE

FIVE RULES BEFORE YOU BET

The quinella is built for a vulnerable favorite that might run second, a wide-open field you can box for $6 to $12, or leaving a heavy favorite out entirely and pairing two mid-priced horses.

01

COMPARE POOLS

Probable quinella vs. exacta box; take the higher.

02

KEY THE LOCK

One horse sure to hit the board? Key it.

03

NO TWO FAVORITES

Easy to hit, and the price will remind you.

04

KNOW THE MINIMUM

A $2 minimum doubles every cost; confirm it first.

05

BOX WITH REASON

Add a fourth horse because you like it, not habit.

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