Exacta betting in horse racing and greyhound racing is a popular form of wagering that can be lucrative for experienced punters. Winning an Exacta required some knowledge about how it works so let's take a look at how to bet on Exactas.
What is Exacta betting in racing?
Exacta betting in racing is a type of bet where runners must finish in 1st and 2nd in correct order. Both horses must finish in the chosen order for the bet to be a winner.
An Exacta bet is also known as Exactor or Perfecta bets. The main two types of exactas are Straight Exactas and Box Exactas.
If the bettor chooses runner #1 to Win and runner #3 to finish 2nd, but #3 Wins and #1 comes 2nd, the bet is lost. In straight exactas the runners must finish in the correct order to be successful.
A Straight Exacta betting slip would be displayed like this: $1 Exacta (1-3). This means you have placed a $1 Exacta bet on runner #1 to finish 1st and runner #3 to finish in 2nd.
A Box Exacta is a popular type of betting in racing that increases the number of selections. One thing to remember is that as the number of selections increases, so too does the stake.
A Box Exacta Box is more versatile with bettors able to place more than two wagers on a single betting slip. Runner #1 can be selected to Win and multiple runners can be selected to finish second.
If the bettor chooses runner #1 to Win and runners #3 and #7 to finish 2nd Place, runner #1 has to win and runners #3 and #7 have to finish 2nd for the bet to be successful.
A Box Exacta betting slip would be displayed like this: $1 Exacta (1/3-7). This means you have placed a $1 Exacta bet on runner #1 to finish 1st and runners #3 and #7 have to finish 2nd. The total stake would be $2.
You can select as many runners as you like in a Box Exacta, but be aware the stake will increase depending on how many runners are selected.