what is the exacta in horse racing

An exacta in horse racing is a type of bet where you predict the exact order in which two horses will finish a race. To win an exacta bet, you must correctly select both the winner and the runner-up. Exacta bets offer higher payouts than win bets, but they are also more difficult to win. The difficulty of winning an exacta bet makes it a popular choice for bettors who are looking for a high-risk, high-reward bet.

Winning Combinations

The exacta is a horse racing bet that requires you to correctly predict the first and second-place finishers in a race, in exact order. Winning the exacta pays off big, as it’s a relatively difficult bet to hit.

To place an exacta bet, you will need to select two horses from the same race. Your horses can finish in either order to win the bet, but they must both finish in the top two positions.


Let’s say you’re betting on a race with the following horses:

  • Horse A
  • Horse B
  • Horse C
  • Horse D

If you place an exacta bet on Horse A and Horse B, you will win the bet if either of the following combinations occurs:

First PlaceSecond Place
Horse AHorse B
Horse BHorse A

If any other combination of horses finishes in the top two positions, you will lose your bet.

The Exacta in Horse Racing

The exacta is a bet type in horse racing where you pick the first and second-place finishers in the exact order. It’s a more challenging bet than a win or place bet, but it also pays out more if you’re right.

To pick the exacta, you need to select two horses from the field. You can do this by analyzing the race card, which will provide information on each horse’s past performances, recent form, and jockey.

Picking the Order

Once you’ve selected your two horses, you need to pick the order in which they will finish. This can be a tough task, but there are a few things you can keep in mind:

  • The horse with the best recent form is more likely to win.
  • The horse with the best jockey is more likely to finish in the top two.
  • The horse with the best post position is more likely to finish in the top three.

It’s also important to consider the race conditions. For example, if the race is on a muddy track, horses with good stamina will be at an advantage.

HorseRecent FormJockeyPost Position
Horse A1st, 2nd, 3rdJohn Smith1
Horse B2nd, 3rd, 4thJane Doe5
Horse C3rd, 4th, 5thBill Jones9

In this example, Horse A has the best recent form and is ridden by the best jockey. Horse A also has a good post position. Therefore, Horse A is the most likely winner of the race.

Horse B has the second-best recent form and is ridden by a good jockey. However, Horse B has a poor post position. Therefore, Horse B is less likely to win the race than Horse A, but is more likely to finish in the top two.

Horse C has the worst recent form and is ridden by a poor jockey. Horse C also has a poor post position. Therefore, Horse C is the least likely to win the race or finish in the top two.

The Exacta in Horse Racing: A Guide to Betting Strategies

The Exacta bet is a type of wager in horse racing where you attempt to pick the first and second-place finishers in the correct order. It’s a challenging but potentially rewarding bet.

Betting Strategies

  • Handicap the race: Study the horses’ form, past performances, and jockey records to determine their chances of winning.
  • Use a system: Follow a specific betting system, such as the “top-three finishers” system, which involves betting on the horses with the highest odds of finishing in the top three.
  • Consider box pools: With box pools, you can select multiple horses to finish first and second, increasing your chances of winning.
  • Bet small amounts: Exacta bets can be expensive, so it’s important to wager small amounts that fit within your budget.


Exacta payouts vary depending on the betting pool and the odds of the horses. The more difficult it is to pick the exact order of finish, the larger the potential payout.


Betting the Exacta in horse racing can be an exciting and potentially lucrative experience. By following these betting strategies, you can increase your chances of winning and enjoying the thrill of the races.

Exacta Payouts and Odds

An exacta in horse racing is a bet that picks the top two finishers in a race in the exact order. It’s a more difficult bet to win than a win bet, but it also pays out more.

The amount you win on an exacta depends on the odds of the horses you pick. The lower the odds, the less you’ll win, and vice versa. The odds are determined by the betting public, so they can change throughout the day leading up to the race.

Here’s a table that shows the payouts for an exacta bet based on the odds of the horses you pick:

Odds of horse 1Odds of horse 2Payout

As you can see, the payout increases as the odds of the horses you pick increase. However, it’s important to keep in mind that the odds are also a reflection of how likely the horses are to win. So, while you may win more money on an exacta with higher odds, you’re also less likely to win.

Tips for betting exacta

  • Do your research. Before you bet an exacta, make sure you know something about the horses in the race. Look at their past performances, their recent form, and their trainers’ records.
  • Consider the odds. The odds can give you a good idea of how likely a horse is to win. However, don’t just bet on the horse with the lowest odds. Sometimes, a horse with higher odds can offer you a better value.
  • Don’t be afraid to go against the grain. If you think a horse has a good chance to win, don’t be afraid to bet on it even if the odds are high. Sometimes, the underdog can come through.
  • Have fun. Betting on horse racing should be enjoyable. Don’t bet more than you can afford to lose, and don’t get too discouraged if you don’t win every time.

Well, there it is, folks! The exacta in horse racing explained in its full glory. Whether you’re a seasoned better or just dipping your toe in the world of the ponies, understanding this bet type can take your racing game to the next level. Thanks for hanging out with me today. If you enjoyed this deep dive, be sure to swing by again soon—I’ve got plenty more racing tidbits up my sleeve. Until then, keep your fingers crossed and may the best horse win!