Definition, Meaning & Synonyms

exacta

noun

/ɪɡˈzæktə/

Definition

A type of bet in horse racing where the bettor must select the first and second place finishers in the correct order.

Examples

To win the race and earn a payout, you must place an exacta bet correctly.
He placed an exacta bet on the two horses he thought would finish in first and second place.
The exacta bet paid off big when his selections crossed the finish line in the right order.

Meaning

The term ‘exacta’ refers specifically to a betting system where two horses are chosen to finish first and second, and they must do so in the exact order specified by the bettor.