Quiniela vs. Boxed Exacta Analysis

Column Heading Descriptions:
BET - Quiniela or Exacta combo
## - How many times it happened
AVG - Average ticket price
PER $ - Amount returned to bettor per $1 bet
X-ADV - Advantage of Exacta over Quiniela (cents)

Note: Quiniela bet = $2.00 Exacta bet = $3.00

Data: Miami Jai-Alai, Winter/Spring 2002, 3,110 games
QUINIELAS EXACTA PAIRS TOTAL BOTH EXACTAS
BET ## AVG PER $   BET ## AVG PER $   ## AVG PER $ X-ADV
12 181 25.61

0.75
   12 91 84.08 0.82   181 82.99 0.81 .06
  21 90 81.89 0.79
13 193 26.06

0.81
   13 94 91.06 0.92   193 82.79 0.86 .05
  31 99 74.93 0.80  
14 178 29.37

0.84
   14 79 103.85 0.88   178 95.08 0.91 .07
  41 99 88.08 0.93  
15 173 32.31

0.90
   15 81 105.91 0.92   173 102.30 0.95 .05
  51 92 99.13 0.98  
16 101 37.27

0.61
   16 50 136.16 0.73   101 123.21 0.67 .06
  61 51 110.52 0.60  
17 110 43.54

0.77
   17 74 132.32 1.05   110 134.82 0.79 .02
  71 36 139.96 0.54  
18 98 40.24

0.63
   18 59 131.51 0.83   98 128.62 0.68 .05
  81 39 124.26 0.52  
23 205 27.44

0.90
   23 79 91.89 0.78   205 83.35 0.92 .02
  32 126 78.00 1.05  
24 178 29.33

0.84
   24 63 99.60 0.67   178 89.04 0.85 .01
  42 115 83.26 1.03  
25 132 33.64

0.71
   25 60 116.91 0.75   132 102.25 0.72 .01
  52 72 90.03 0.69  
26 111 36.47

0.65
   26 53 118.42 0.67   111 120.96 0.72 .07
  62 58 123.29 0.77  
27 108 42.92

0.75
   27 59 122.73 0.78   108 124.93 0.72 - .03
  72 49 127.57 0.67  
28 118 41.98

0.8
   28 56 128.18 0.77   118 128.15 0.81 .01
  82 62 128.12 0.85  
34 143 40.23

0.92
   34 59 142.35 0.90   143 125.14 0.96 .04
  43 84 113.06 1.02  
35 113 42.33

0.77
   35 34 135.01 0.49   113 118.39 0.72 - .05
  53 79 111.23 0.94  
36 106 45.11

0.77
   36 29 178.09 0.55   106 125.36 0.71 - .06
  63 77 105.50 0.87  
37 106 44.83

0.76
   37 46 154.28 0.76   106 139.26 0.79 .03
  73 60 127.75 0.82  
38 116 43.36

0.81
   38 45 136.32 0.66   116 127.51 0.79 - .02
  83 71 121.93 0.93  
45 62 64.48

0.64
   45 26 208.19 0.58   62 211.85 0.70 .06
  54 36 214.50 0.83  
46 72 55.33

0.64
   46 19 244.33 0.50   72 165.76 0.64 ---
  64 53 137.59 0.78  
47 101 48.81

0.79
   47 41 220.89 0.97   101 170.13 0.92 .13
  74 60 135.44 0.87  
48 122 44.28

0.87
   48 44 167.71 0.79   122 132.71 0.87 ---
  84 78 112.96 0.94  
56 47 89.67

0.68
   56 23 272.27 0.67   47 251.95 0.63 - .05
  65 24 232.48 0.60  
57 52 61.19

0.51
   57 15 236.58 0.38   52 208.17 0.58 .07
  75 37 196.65 0.78  
58 71 53.82

0.61
   58 14 296.25 0.44   71 162.10 0.62 .01
  85 57 129.15 0.79  
67 31 92.93

0.46
   67 11 377.29 0.44   31 399.19 0.66 .20
  76 20 411.23 0.88  
68 51 76.14

0.62
   68 16 284.31 0.49   51 227.49 0.62 ---
  86 35 201.51 0.76  
78 31 105.21

0.52
   78 7 294.94 0.22   31 317.42 0.53 .01
  87 24 323.98 0.83  
BET ## AVG PER $ $   BET ## AVG PER $   ## AVG PER $ X-ADV