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Superfecta: the bettor must pick the four horses that finish first, second, third and fourth, in the exact order.[8] Box: a box can be placed around exotic betting types such as exacta, trifecta or superfecta bets. This places a bet for all permutations of the numbers in the box. Para Bets'te Kazanma Stratejileri If m is one of the k winners, those who bet on outcome m will receive a payout of (WR / k) / Wm for every dollar they bet on it. The parimutuel system was invented by French-Catalan entrepreneur and showman[5] impresario Joseph Oller in 1867.[6] The large amount of calculation involved in this system led to the invention of a specialized mechanical calculating machine known as a totalisator, "automatic totalisator" or "tote board", invented by the Australian engineer George Alfred Julius. The first was installed at Ellerslie Racecourse, Auckland, New Zealand, in 1913, and they came into widespread use at race courses throughout the world. For a single race, a wheel bet picks the winning horse, paired with any of the remaining horses in the field to finish second. For example, a wheel bet of "3-all" in a given race picks the #3 horse to win, and any other horse in the field to finish second (each permutation being a single bet - thus, in this example, if there are 5 horses in the field, a "3-all wheel" would 4 bets). Quinella or Quiniela:[a] the bettor must pick the two horses that finish first and second.