The Quiniela Box Bet is a popular choice for those horse track bettors who want to make an exotic bet, but don’t have two definite horses they feel are going to place in the race. Instead, you box three or more horses together. With the quiniela box bet, if any two horses in your box finish 1-2 in the race, you win the bet.

Let’s assume you have a good idea that three horses are head-and-shoulders above the rest of the field in a race, but you aren’t exactly sure which two of the three are going to win. Knowing that you can never entirely account for everything in a horse race, you decide you don’t want to wager the horses 1-2-3, so you decide to make the quiniela box wager.

Example of a Quiniela Box

You can put three horses in a box bet and hope any two of the three win 1st and 2nd. For instance, let’s imagine these three horses you decide are the best in the field are “Themistocles”, “Zuzu’s Petals”, and “Only Sixteen”. You place these three horse in the box and, lo and behold, Themistocles and Only Sixteen finish 1 and 2 in the race. But had “Zuzu’s Petals” and “Themistocles” finished one and two, or had Zuzu’s Petals and Only Sixteen finished 1-2, you also would have won. The Quiniela Bet lets you account for a certain amount of chance, at a reduced payout. On the other hand, if the aforementioned three horses finish 1-3-4 and a horse named “Hey Moe!” comes in second, you lose your bet.

Calculating Payouts Of Quiniela Box Wagers

The quiniela box wager is going to cost different than a standard straight bet, of course. To calculate how you one of these propositions is going to cost you, multiply the number of horses in your box bet by the number of horses in your box minus one. For the three-horse wager, you’ll calculate 3 times 2 for a $6 bet. But if you want to hedge your Quinella bets on the always-dangerous “Hey Moe!”, you could add a fourth horse into the Quiniela Box bet, though this would cost you 4 times 3 for a $12 bet.

Theoretically, you could make a Quiniela Box Bet with every single horse in the field placed in the box, but if you have an 11-horse field, you would be wagering $110 on the outcome, and no doubt lose automatically on the wager. Most gamblers choose three or four horses and go with that.