What is a Trifecta bet?


‘Tri’ meaning three – The purpose of the Trifecta is to select three horses in a single race to finish in the first three places in the EXACT ORDER.

There are four types:
a. Straight Line
b. Boxed
c. Banker
d. Floating Banker


a.  Straight Line
Means you can have one horse for 1st, one for 2nd, and another for 3rd. 
With any straight-line bet you can only place one horse number per finishing position.

Example:
Selection horses 2, 4 & 8 = R1.00 these selections must finish in the exact order.  In other words the winning trifecta will be 2&4&8.

1st 
2nd
3rd
2
4
8

In the event that there is a dead-heat for first place, there are two dividends.  

In an example of a result being 1/2 – 3 – 4, the winning combinations would be 1&2&3 and 2&1&3.  Likewise, in the event that there is a dead-heat for SECOND place, there is again TWO dividends, e.g. a result of 1 – 2/3 – 4, the winning combinations would be 1&2&3 and 1&3&2. 

A dead-heat for THIRD place would result in two separate dividends being  paid on the combination of first, second and the one of the third placed dead-heaters, and first, second and the other third placed dead-heater.  


b.  Boxed Trifecta
This bet is a selection of three or more horses to run in the first three positions in any order.

Example:
Selection boxed 1, 2, 3 & 4 = R 24.00 and these selections can finish in any order in the first three, but all three must finish in the first three.

Given the chosen selections of 1, 2, 3, 4 boxed, the cost would be determined by MULTIPLYING the number of horses selected, in this case 4 by 3 by 2 horses = R24.00 (again, because the finishing order is relevant):

   1st 
2nd
3rd
1
2
3
4
1
2
3
4
1
2
3
4








Boxed selections:
1&2&3, 1&2&4, 1&3&2, 1&3&4, 1&4&2, 1&4&3, 2&1&3, 2&1&4, 2&3&1, 2&3&4, 2&4&1, 2&4&3 3&1&2, 3&1&4, 3&2&1, 3&2&4, 3&4&1, 3&4&2, 4&1&3, 4&1&2, 4&2&1, 4&2&3, 4&3&1, 4&3&2

Should the result of the race in which the above bet was struck be 4 – 1 – 2 - 9, the winning combination would be: 4&1&2 = R458.30 dividend.
The ticket would qualify for the above dividend.


c. Banker Trifecta 
In this type of Trifecta you may have many selections for first, many selections for second, and many selections for third.  
This is on provision that one of the selections for first must run first, one of the selections for second must run second, and one of the selections for third must run third.

Example:
Banker 2 with 4, 6, 8 & 10 = R 12.00 (selection 2 must win and any two of the other selections must be 2nd and 3rd). The bet would be 2/ 4, 6, 8, 10.    

   1st    
2nd
3rd
2

4
6
8
10
4
6
8
10







Or 

Banker 1 by 2, 3, 4, 5 by 2, 3, 4, 5, 6, 7 [1/2, 3, 4, 5/2, 3, 4, 5, 6, 7] = 20 combinations.

1st
2nd
3rd
1
2
3
4
5
2
3
4
5
6
7









What if there is a dead heat?
A punter can also catch more than one trifecta if there is a dead heat for first, second or third and he has those numbers in a bet.

E.g., in a banker bet 1 by 2, 3, 4, 5 by 2, 3, 4, 5, 6, 7
If the result is 1 - 5 - 4/6 (dead heat for third), the punter will catch both trifecta’s because he has 4 and 6 in the same box (1&5&4, 1&5&6).


d. Floating Banker (Roving Banker) Trifecta 
In a trifecta you have the option of one or two floating bankers which must run in the top three positions in any order and the other selections must fill the positions that your banker does not. 

When you have only one floating banker, two of the remaining selections must fill the open positions.

When you have two floating bankers, one of the remaining selections will fill the open position.

Another term the punter/customer might use for this bet is a Roving Banker.

Example:
Number 4 is selected to “float” with horses 1, 2, 3 [4/1, 2, 3] costing R18.00.

4&1&2, 4&1&3 4&2&1, 4&2&3, 4&3&1, 4&3&2, 1&4&2, 1&4&3, 2&4&1, 2&4&3, 3&4&1, 3&4&2 1&2&4, 1&3&4, 2&1&4, 2&3&4, 3&1&4, 3&2&4 = 18 combinations.

Result: 2 – 4 – 3 – 8. 

Note:   
1. If for example you had 3 roving with 2,4,6,7 and there is a dead heat for first (4/2 - 3) then the punter will catch both trifectas (4&2&3 and 2&4&3).  If your roving banker dead heats for third, you will be entitled to only one trifecta because your roving banker will appear in one box.

2. A double floating banker 3 and 5 with 2, 4, 6 & 7 = R24.00 (being 24 combinations taken one time) and horses 3 and 5 must be placed in the first three positions along with one of the other selections.


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