Quinella Review

What Is Quinella?

A betting system familiar to those who gamble on horse-racing is Quinella. Casino game players will sometimes use it as well. Using Quinella, players choose between two possible options for winning money. The order of the options is not even considered when choosing one. This especially applies to bets on horse-racing.

Another betting system used is Exacta. In Exacta, the order of the options is considered. Players often use Quinella when they want to start with a small bet and work up to larger bets that could result in larger wins. Using Quinella gives players better odds of winning than Exacta would. Some players may find winning with the use of Quinella is still difficult. This betting system lowers the odds of a player winning money.

Quinella Explained

Quinella is a term only gamblers are familiar with. It is a pari mutuel betting type. Not everyone is familiar with this type of betting. It means that a prize pool is made up of a certain type of bet. Taxes are then taken out of the pot. If it is a casino game, the House takes its share. When this happens, the odds of a payoff can be determined. Whatever is left of the prize pool after taxes or the House Edge is removed, is split between the players who bet correctly.

Greyhound and horse-racing often use Quinella. It is also used in various sporting events. Quinella can be used in any game or race where winners are ranked. Certain lottery games also use pari mutuel betting, such as Quinella.

The cost of placing a bet is something every player needs to determine. They can do this by picking the number of selections that an outset has. This can be applied to any horse-race. A Quinella would cost $3 if the first two spots in a race could be filled by three horses. However, a Quinella would cost $5 if a single horse is designated as the first winner while five are designated to finish a race in second place. These are just two examples of how this type of betting works.