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Where X is the number runners you want to box and $ is the amount you want to spend on a single bet (in this case $5):
X*(X-1)*(X-2)*$= cost of box bet
For a 4-runner box in a $1 wager this would be 4*3*2*$1=$24
For a $5 bet that would be 4*3*2*$5=$120
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