Average Trifecta Payouts

[Track Collector]

For those forum members who maintain databases, I would be very thankful if someone could determine the ratio between the exacta payout and the trifecta payout for a given field size. For example, for 8-horse fields where the exacta paid between $ 20.00 and $24.90, what was the average trifecta payout? I would request that the data be for thoroughbred races, from the time period of 01/01/2006 thru the present, and from DIRT tracks. The data grid (with various exacta payout ranges) is in the attached excel file.

Once each of the cells from above a filled in, I would also like to know the corresponding number of races used to determine each cell's average. I do recognize that the results will differ from responder to responder based on the size and tracks in your database.

For those who really enjoy this type of exercise, one could even differentiate between dirt races, turf races, and synthetic surface races. Hopefully this will be a "fun" exercise for some of you!

[misscashalot]

For those forum members who maintain databases, I would be very thankful if someone could determine the ratio between the exacta payout and the trifecta payout for a given field size. For example, for 8-horse fields where the exacta paid between $ 20.00 and $24.90, what was the average trifecta payout? I would request that the data be for thoroughbred races, from the time period of 01/01/2006 thru the present, and from DIRT tracks. The data grid (with various exacta payout ranges) is in the attached excel file.

Once each of the cells from above a filled in, I would also like to know the corresponding number of races used to determine each cell's average. I do recognize that the results will differ from responder to responder based on the size and tracks in your database.

For those who really enjoy this type of exercise, one could even differentiate between dirt races, turf races, and synthetic surface races. Hopefully this will be a "fun" exercise for some of you!
Number of Horses in Race
<7 7 8 9 10 >10
Exacta Paid: Average Trifecta Payout Was:
Less than $10.00 $27 $41 $47 60 $58 $25
$10.00 to $ 14.90 44 63 76 79 134 92
$15.00 to $ 19.90 64 77 88 116 112 129
$20.00 to $ 24.90 81 99 125 124 149 222
$25.00 to $ 29.90 99 126 175 177 203 200
$30.00 to $ 34.90 108 134 175 207 211 195
$35.00 to $39.90 127 163 187 250 228 277
$40.00 to $44.90 146 211 226 228 313 353
$45.00 to $49.90 164 222 231 326 365 576
Total Races 1112 849 821 535 347 165

NYRA circuit 010106-031409

[Track Collector]

Thanks Misscashalot!

Now it will be interesting to see if there is any significant change to the data when other medium and lower level tracks are included in to the data.

[raybo]

Number of Horses in Race
<7 7 8 9 10 >10
Exacta Paid: Average Trifecta Payout Was:
Less than $10.00 $27 $41 $47 60 $58 $25
$10.00 to $ 14.90 44 63 76 79 134 92
$15.00 to $ 19.90 64 77 88 116 112 129
$20.00 to $ 24.90 81 99 125 124 149 222
$25.00 to $ 29.90 99 126 175 177 203 200
$30.00 to $ 34.90 108 134 175 207 211 195
$35.00 to $39.90 127 163 187 250 228 277
$40.00 to $44.90 146 211 226 228 313 353
$45.00 to $49.90 164 222 231 326 365 576
Total Races 1112 849 821 535 347 165

NYRA circuit 010106-031409

I assume the tri payouts were based on a $2 wager size(?)

[misscashalot]

I assume the tri payouts were based on a $2 wager size(?)

your assumption is correct

[JohnGalt1]

When I liked only two horses in a race (min. 8 horse fields), I used to play a trifecta instead of an exacta 2 horse box, betting AB/AB/all figuring that tris pay more than exactas as your charts show.

However I wanted to see dollar for dollar what was the best bet.

An eight horse field $1 tri AB/AB/all costs $12 up to $20 for a twelve horse field. I compared the payouts to a two horse exacta for the same money, i.e. a $6 exacta box in an 8 horse field and a $10 ex box in a 12 horse field.

After reviewing my results the exacta paid more per dollar most of the time.

Then I went to drf's site and checked the charts of about 100 races (I know a small sample) at different tracks and compared exacta and tri payoffs as I outlined above for every race of 8 or more horses.

On over 80% of the races the exacta was a better bet. The $7 exacta box paid more than AB/AB/all for $14 as an example.

One race surprised me. I don't remember the # of horses, but a 23-1 beat a 2-1 and a 20-1 finished 3rd. The one dollar tri paid aboout $575 but the dollar equivalent exacta paid over $700.

The few where the tri paid more were chalk over chalk. One I remember was a $27 tri, and $21 ex. which I would not have played because of the odds.

You can see for yourself by checking some results.

I still play trifectas, but not that way anymore, ex. AB/ABC/some or ABC/ABC/ABCDE etc.

So now if I like only two horses, I'll bet one--at 3-1 or higher-- or both to win--at a total of 8-1 or higher-- and box both for $6 regardless how many horses in the race if the odds are high enough.

[ryesteve]

An eight horse field $1 tri AB/AB/all costs $12 up to $20 for a twelve horse field. I compared the payouts to a two horse exacta for the same money, i.e. a $6 exacta box in an 8 horse field and a $10 ex box in a 12 horse field.

After reviewing my results the exacta paid more per dollar most of the time.
I don't think this should be surprising. You're indiscriminantly betting the 3rd slot, and in most cases, betting into a much higher take. But then again, since some people love that "ALL" button, maybe this isn't as intuitive as I think it should be...

[misscashalot]

I don't think this should be surprising. You're indiscriminantly betting the 3rd slot, and in most cases, betting into a much higher take. But then again, since some people love that "ALL" button, maybe this isn't as intuitive as I think it should be...
Intuitive or not. I don't play too many X or tri's, but when I bet a tri, for curiosity sake, I always compute my tri payoff vs the X to see where the value is. Sometimes the X would have been a better bet, but, as you know, it all depends on how many are included in the 2nd and 3rd spot, and what those spot odds are. Also, playing tri's vs X has a different comfort level. I have absolutely zero regard for ROI's, therefore I'd rather win more races with X's that be hung out when the third spot fails me. But, that's me.
I don't recall ever seeing a comfort level thread posted here, but I think it would be an interesting topic to toss around. Yes?