The quinella might be one of the most overlooked wagers in horse racing, especially when it’s matched up in the same race with an exacta.
Since the exacta calls for a handicapper to pick the first two finishers in exact order and the quinella has more flexibility, requiring just the first two finishers in either order, the exacta will inherently pay better.
But that doesn’t mean there are not times when the quinella can offer some wagering value.