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Commonwealth Cup Odds | 2025 Horse Racing Lines

Commonwealth Cup Odds | 2025 Horse Racing Lines


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Commonwealth Cup | Horse Racing

Commonwealth Cup Odds

Commonwealth Cup | Ascot Racecourse

Grade I race
Venue Ascot Racecourse, Ascot, England
Date opened 2015
Distance t6f (1,207 metres)
Surface Turf
Qualification Three-year-olds
Horse Racing Quinella Explained: How Quinella Bets Work, Payouts, and Rules

Horse Racing Quinella Explained: How Quinella Bets Work, Payouts, and Rules

Horse racing betting is the Adam and Eve of sports betting in the US and quinella betting is Seth.

We all know Cain, the first born, and Abel. Seth? He’s there but we don’t know him that well.

Some of you reading this may never have heard of the quinella.

You for sure heard about exactas or trifectas but the quinella is . . . Seth.

But although forgotten, even by horseplayers, racetracks and racebooks continue to offer quinellas and they can be useful under some circumstances.

This guide explains what a quinella bet is, how the old timer play works, how payouts calculate, and how quin bet rules apply in situations like dead heats.

In simple terms: a quinella bet lets you pick two horses to finish first and second in any order, with payouts determined by a pari-mutuel pool.

 
 

Quinella Betting: An Old-School Wager That Still Matters

Simple structure. Pari-mutuel pools. Order doesn’t matter.

Understanding how quinellas work helps bettors decide when flexibility outweighs precision.

View Horse Racing Bets

Old bets never disappear — they just get overlooked.

 

What Is a Quinella Bet in Horse Racing?

A quinella bet is a wager in which the bettor selects two horses to finish first and second in a race, in any order.

The any order part is what makes quin betting different than an exacta.

Exacta means exact. So your ponies must finish 1-2 in exact order.

Unlike some other horse racing bets, the order of finish does not matter in a quinella. If Horse A finishes first and Horse B finishes second, or the result is B-A, the quinella play wins.

Quinella bets are part of old school cigar in the mouth horse racing betting menus.

Some racebook platforms still offer the quin as a betting option.

While quinella betting was far more common decades ago, many modern bettors favor exactas today, which explains why some tracks no longer offer quinellas on every race.

For broader context, this guide on horse racing wagers explained breaks down how quinellas compare to other betting types.

Key takeaway: quinella betting removes the need to predict exact finishing order, trading precision for flexibility.

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Feature Quinella Bet
Horses Selected Two
Required Finish First and second
Order Matters? No
Bet Type Pari-mutuel

 

How Quinella Bets Work Step by Step

Quinella bets follow the same process as playing the tri, the exacta, or the super, picking 4 horses to win in exact order.

Select two ponies in the same race.

  1. Place the bet.
  2. Watch the race.
  3. The bet wins if either of one of your horses finishes first and the other second no matter the order.

A winning quin option depends only on the top two finishers.

If either selected horse finishes outside the top two, tear up your ticket, virtual or otherwise, and move on to the next play.

 
  • Select two horses in the same race
  • Order of finish does not matter
  • Only the top two finishers count

What bettors should know: quinella bets only depend on the top two finishers, making them simpler to manage than multi-horse exotics.


 
Horse Racing Quinella Explained infographic covering what a quinella bet is, how quinella bets work step by step, quinella vs exacta differences, how payouts are calculated in pari-mutuel pools, and dead heat rules
Horse Racing Quinella Explained — infographic covering what a quinella bet is, how quinella bets work, quinella vs exacta differences, pari-mutuel payouts, and dead heat rules.
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How Quinella Odds and Payouts Are Calculated

Because quinellas are part of pari-mutuel wagering, payouts come from a pool.

Info shown in horse race lines and racebook odds reflects the dollars in a pool.

Horse racing works by money accumulating in specific pools. The money on the ponies determines horse racing odds.

Payouts come from the pool.

The racebook and racetrack take a cut. The typical takeout at Churchill Downs, as an example, is 22%.

So Churchill, and your online racebook, takes 22 cents from each $1 wagered in most pools.

 
Step What Happens
Wagers Placed All quinella bets go into one pool
Takeout Applied Track and racebook remove a percentage
Payout Calculated Remaining pool divided among winners

Why it matters: because quinella payouts are pool-based, odds shown before post time are estimates and can change until the race begins.

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Quinella vs Exacta: What’s the Difference?

Quinellas and exactas are closely related but so, so different.

  • A quinella requires selecting two horses to finish first and second in any order.
  • An exacta requires selecting two horses to finish first and second in the exact order.

Both wagers appear on most racebook betting menus.

Here’s another major difference.

The exacta costs more if you want to play it both ways, meaning you want to play it 1-2 and 2-1 because you’re making two horse bets, not a single horse bet.

The quin is a single bet.

Bettors comparing complexity may also want to understand the horse racing superfecta, which requires predicting the top four finishers in exact order.

 
Aspect Quinella Exacta
Order Required No Yes
Single Bet Covers Both Orders Yes No
Cost to Play Both Orders Lower Higher

Quick comparison: quinellas cost less to cover both finishing orders, while exactas require two separate bets to achieve the same coverage.

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What Is a Quinella Box?

A quinella box allows a horseplayer to cover all possible two-horse combinations among multiple selected horses.

  • Boxing three horses creates three separate quinella combinations.
  • Boxing four horses creates six combinations.

Each combination is treated as a separate wager. Betting more requires more dollars at risk.

Quinella boxes are offered through most racebook betting interfaces.

Boxing quins is less costly than boxing exactas. So at times, there’s value. But also remember that the quinella pool will never be as large as the exacta pool.

Less money in a pool means less money to payout if the fave wins.

Understanding how quinella boxes fit into the broader multiple wagering system helps bettors manage risk across exotic bets.

Common mistake bettors make: boxing too many horses without accounting for increased total stake and smaller quinella pool sizes.

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What Happens to a Quinella Bet in a Dead Heat?

A dead heat occurs when two or more horses finish in a tie.

When both noses hit the wire together is how the seasoned horse betting player describes a dead heat.

Quinella rules regarding dead heats vary at the track, the state that allows horse racing bets, and the race book.

Because betting dead heat rules aren’t always the same, bettors should confirm what is dead heat rule handling from the the party in charge, often the racebook or racetrack.

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Where Quinella Bets Are Offered

Quinella bets are available at many—but not all—shops that offer bets on horse racing.

For broader context on race formats and international horse racing events, resources like World Horse Racing provide background on how races are structured across different regions.

Common venues include:

  • On-track racebooks
  • Off-track betting locations (OTB betting)
  • Online racebook platforms

Quinella wagers are especially popular during major events, including Triple Crown horse racing betting at tracks like Churchill Downs.

Also, not all tracks offer quinellas for every race, sometimes quin bets are for the first and last race of the day or a set of bets in the middle of a race card.


 

Quinella Betting During Major Horse Racing Events

Quinella betting becomes especially active during marquee races, where large pari-mutuel pools and deep fields create more flexibility for bettors.

  • Kentucky Derby betting often features massive pools, making quinellas popular for handling unpredictable race outcomes.
  • Preakness Stakes betting typically draws tighter fields, where quinella boxes can help offset exact-order uncertainty.
  • Belmont Stakes betting is known for stamina-heavy races, where pace scenarios can impact top-two finishes late.
  • Beyond the Triple Crown, events like the Breeders’ Cup attract global competition and larger pools, making quinella pricing and pool dynamics especially important.

Why it matters: larger betting pools during these races often reduce volatility in quinella payouts, while still allowing flexibility compared to exactas.

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Minimum Stakes and Rules for Quinella Bets

Minimum wager amounts for quinella bets are set by the track or racebook.

Common minimum stakes include $1 or $2, though this can vary.

Additional rules may include:

  • Race eligibility requirements
  • Exclusions for certain race types
  • Pool size minimums

Details are typically listed alongside horse race lines or within posted racebook rules.

All quinella wagers must comply with local pari-mutuel regulations.


 

Frequently Asked Questions

What is a quinella bet in horse racing?

A quinella bet selects two horses to finish first and second in any order.

Does the order of finish matter in a quinella?

No. Either horse can finish first or second.

How are quinella payouts calculated?

Payouts come from a pari-mutuel pool divided among winning tickets after takeout.

What is a quinella box?

A quinella box covers all two-horse combinations among selected horses.

Are quinella bets pari-mutuel or fixed odds?

Quinella bets are pari-mutuel.

What happens if there is a dead heat in a quinella?

Payouts are adjusted based on dead heat rules set by the jurisdiction.

Where can quinella bets be placed online or in person?

They may be placed at tracks, OTB locations, and online racebooks where offered.

At a glance: quinella bets are pari-mutuel wagers selecting two horses to finish first and second in any order, with payouts based on pooled wagering minus takeout.

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Final Thoughts: Understanding Quinella Bets Before You Wager

Quinella bets are like exacta plays but with a single all important distinction.

The quinn bet allows you to pick two horses that can finish 1-2 in any order. The exacta play requires that your ponies must finish 1-2 in exact order.

Check out horse race lines, confirm quinella rules at your racebook or track, and consider payouts and risk.

Current horse racing betting lines reflect pool size, wagering volume, and track-specific takeout.

Quinella cost less than exacts but pay out less than exactas.

Also, always consider the track takeout.

Bottom line: quinella bets offer flexibility at a lower cost than exactas, but understanding pool size, takeout, and rules is essential before wagering.

Stay knowledgeable, look for value, and make informed and decisions to score profit on quinella plays.

   
     

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About the Author

MyBookie's Expert Writer
  • D.S. Williamson
  • Since 2008, D.S. Williamson has written about sports and sports handicapping. His philosophy is value-based, meaning stats and other handicapping factors are only worth something in comparison to wagering odds. He believes money management and making value-based wagers is the single more important factor that distinguishes successful sports bettors from non-successful sports bettors.
 
 

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