To win an Exacta, you must select first and second in correct order.
An Exacta bet is available on every race provided there are at least three (3) or more runners.
With an Exacta you can specify the Maximum Spend you wish to make. The minimum investment per combination is 1% and the Maximum Spend per ticket must be in multiples of a $1. The minimum Spend is $3 unless your investment per combination is 100%. Dividends are calculated and declared on a $1 basis. For further details, see the Fractional Betting page.
Keep a look out for Exacta jackpots. If there are no winning units on a Exacta, the pool jackpots to another meeting at a future date. The jackpot pool is always carried over to a meeting of the same code of racing. Please note that partial jackpots occur when the total winning investment is less than $1.
There are four ways to take an Exacta bet:
For a Standard Exacta, just choose the first two placegetters past the post, in correct order. As long you select the two runners that finish first and second in the correct order, you will collect the Exacta dividend.
With a Box Exacta you can choose as many runners as you like, providing two of your selections finish first and second you win the Exacta. The more runners you 'Box' in an exacta the more combinations you get.
If you feel there's a 'sure thing' in a race that looks certain to win then a Banker Exacta is your type of bet. Your 'Banker' would be the 'sure thing' and you can group it with any number of other runners in that race. Providing your 'Banker' runs first and any one of your other selections finishes second with your 'Banker', you win the Exacta. The more 'other' selections you take the more combinations you get.
A Multiple Exacta allows you take as many runners as you like for each placing. For example, you can take four (4) runners for first and three (3) runners for second. Providing one of your runners selected for first runs first, one of your runners selected for second runs second, then you win the Exacta.
WHAT IF ONE OF YOUR RUNNERS IS SCRATCHED?
If one of your runners is declared a 'non-runner' or is scratched after you have placed your bet, your money will be refunded on every combination that includes the scratched runner.