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A box bet in horse racing is a type of wager that allows you to bet on multiple horses to finish in any order within a specific range of positions. For example, in an exacta box, you select two or more horses, and as long as they finish in the top two positions, you win regardless of the order they finish.
Example: Tell the clerk, "Give me a $1 trifecta box numbers 1, 3, and 7. If you box your selections, as long as the horses you have picked finish first, second, and third in any order, you win.
As the number of horses in the bet are increased, the key and box bets can quickly become very costly:
| Number of horses in box | Cost for $1 bet |
| 3 | $6 |
| 4 | $12 |
| 5 | $20 |
| 6 | $30 |
| Number of horses in box | Cost for $1 bet |
| 3 | $6 |
| 4 | $24 |
| 5 | $60 |
| 6 | $120 |
