An exacta vs a quinella A quinella bet is similar to an exacta as it requires the bettor to select the first two past the post in a horse race. However, an exacta differs because the finishing order of those first two runners must also be correct, whereas, for a quinella, the order does not matter.
quinella (n.) form of betting in which the bettor picks the first and second horses in a given race, 1942, American English, from American Spanish quiniela, originally a ball game with five players, from Latin quini "five each," from quinque "five" (from PIE root *penkwe- "five").
$10 So your three runners can finish in any order in the first two placings and you have selected your first winning quinella. The box quinella cost, to collect 100% of the winning TAB dividend, is $3 – three $1 separate bets as shown in the table above. For five horses the cost would be $10 and so on.
The payout on your boxed quinella bet depends on your flexi percentage. Simply multiply the percentage by the official dividend, and that is your payout for the quinella. For example: if the quinella dividend is $50 and your flexi percentage is 200%, your payout is $100.
The more runners you select for your boxed quinella, the more combinations will you have, but the cost of the bet will increase. A two-horse quinella costs $1 for a 100 per cent return of the quinella payout. A three-horse quinella for $1 will cost $3 — $1 for every runner.