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Quinella: first and second, any order

A quinella wins if your two horses finish first and second in either order. One $2 quinella covers both orders, so it costs half of a two-horse exacta box. It usually pays a bit less than the box, but often close.

Reviewed Oct 15, 2026

Answer first

90s
  1. 01Pick two horses for first and second, any order.
  2. 02A $2 quinella costs $2; a $2 exacta box costs $4.
  3. 03Not every track offers quinellas.

Key numbers

Quinella at a glance

2HorsesTop two
$2Common baseOne combination
$4Exacta box costSame two horses
18.5%TakeoutNY tracks, example

In short

Key takeaways

  • A quinella is one bet that covers both orders.
  • It costs half the exacta box.
  • Payouts are set by the quinella pool.
  • Compare probable payouts when shown.

Progress

How a quinella wins

  1. 1

    Pick two

    Horse 3 and horse 7

  2. 2

    Race

    Order does not matter

  3. 3

    3 then 7

    Wins

  4. 4

    7 then 3

    Wins

  5. 5

    3 third

    Loses

Simple two-horse quinella.

Quinella vs exacta

PointQuinellaExacta boxStraight exacta
OrderAnyAnyExact
Cost for 2 horses at $2$2$4$2
Combinations121
PayoutQuinella poolExacta poolExacta pool

Pools and payouts differ by track.

How the cost works

With two horses, a quinella is one combination. With three horses in a quinella box, it is three combinations: 1-2, 1-3 and 2-3. With four horses it is six.

An exacta box on the same horses needs twice as many combinations, because each pair has two orders. Three horses means six exacta combinations, or $12 at $2.

So the quinella is the cheaper way to cover a group of horses for the top two.

Quinella box costs

HorsesCombinationsAt $1At $2
21$1$2
33$3$6
46$6$12
510$10$20

Combinations = n × (n − 1) ÷ 2.

Which pays more

An exacta pays for the exact order, so a straight exacta pays more than a quinella on the same pair. A box costs double, so per dollar the quinella is often similar.

When the favorite is in the pair, quinella payouts can be quite small. When two long shots finish top two, quinellas can pay well.

Some tote screens show probable quinella payouts. Comparing them with the exacta can help you choose.

Sequence

Betting a quinella

  1. Step 01

    Check the menu

    Is a quinella offered?

  2. Step 02

    Pick horses

    Two or more.

  3. Step 03

    Say it clearly

    $2 quinella, 3 and 7.

  4. Step 04

    Check the ticket

    Race and numbers.

  5. Step 05

    Watch the board

    Results and payouts.

Where you find quinellas

Quinellas are common at many US tracks and simulcast race books, though some tracks dropped them in favor of exactas. Online wagering sites show the menu for each race.

Australian and some other pools are larger for quinellas.

If the bet is not listed, use an exacta box. It costs twice as much for the same pair, so consider a smaller base bet, such as $1, to keep the total close to a $2 quinella.

Floor rules

Quinella terms

Know before you sit

Quinella
Pick the top two in either order.
Exacta
Pick the top two in exact order.
Box
All orders of chosen horses.
Probable payout
Estimated payout shown before the race.

A worked payout example

Say horse 3 at 2 to 1 and horse 7 at 8 to 1 finish first and second. A $2 quinella might pay around $25, while the $2 exacta 3-7 might pay around $40. The $4 exacta box would return that $40 on a $4 cost, about the same per dollar as the quinella.

If the long shot wins and the favorite runs second, the exacta 7-3 often pays much more, such as $70, which is where a box can beat the quinella. Probable payouts on the tote board show these prices before the race.

Common mistakes

Boxing an exacta when a quinella is offered
Compare costs.
Ignoring takeout
It varies by bet.
Not checking the menu
Some tracks drop quinellas.
Using too many horses
Costs rise fast.

Keep reading

Related pages

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01Basics

What is a quinella?

A bet that your two horses finish first and second in either order. Rules differ between licensed sportsbooks, so read the house rules.

How much does it cost?

Often $2 for one pair, or $1 at some tracks. Rules differ between licensed sportsbooks, so read the house rules.

How is it different from an exacta?

An exacta needs the exact order. A quinella pays either way. Rules differ between licensed sportsbooks, so read the house rules.

02Money

Does a quinella pay more than an exacta box?

Usually a little less, but it costs half as much. Rules differ between licensed sportsbooks, so read the house rules.

How many combinations in a 4-horse quinella box?

Six, so $12 at $2. Rules differ between licensed sportsbooks, so read the house rules.

Is a quinella a good bet?

It is a cheap way to cover two horses for the top two, but takeout still applies.

03Rules

Do all tracks offer quinellas?

No. Check the program or wagering menu. Rules differ between licensed sportsbooks, so read the house rules.

What if a horse is scratched?

Most tracks refund combinations with that horse. Rules differ between licensed sportsbooks, so read the house rules.

Can I bet a quinella online?

Yes, at licensed online wagering sites where the track offers it. Rules differ between licensed sportsbooks, so read the house rules.

Sources

  1. Wikipedia — Parimutuel betting Not from a registry (Reference source, not an official registry) · accessed Oct 15, 2026Pools and exotic bets
  2. New York Racing Association Not from a registry (Reference source, not an official registry) · accessed Oct 15, 2026Wagering menus
  3. Equibase Not from a registry (Reference source, not an official registry) · accessed Oct 15, 2026Official US racing results and charts
  4. National Council on Problem Gambling — Help and resources Not from a registry (Reference source, not an official registry) · accessed Oct 15, 2026Free, confidential help: call or text 1-800-GAMBLER