VSiN horse racing expert Mike Somich breaks down betting an exacta for horse racing betting on DK Horse.
Horse Racing 101 Betting Tips
Betting an Exacta
The most common bets in horse racing are win, place and show, but in each race you have what are called exotic bets. The most common exotic bet is the exacta, and it’s exactly what it sounds like. It’s the horses that will run first and second in a specific race.
A key to the exacta bet is that your horses must run in the exact order. If you play a 5 with 3 exacta, then the 5 must win the race and the 3 has to run second for your bet to win.
At most tracks, the base wager for an exacta is $1. It’s important to note that you can play more than one horse in each position, but it will drive up the cost of your ticket.
If you think the 5 horse will win, but the 1, 3 or 7 could run second, then you could play an exacta 5 with 1, 3, 7. In that scenario, the 5 must win the race, but the 1, 3 or 7 could run second. This $1 exacta bet would cost you $3 since you have three separate bets: 5 with 1, 5 with 3, and 5 with 7.
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See all of Mike’s horse racing 101 betting tips here: How to Bet on Horse Racing: Tips, Strategies for Betting on DK Horse
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