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Single-race bet·Min $1 (often $2)

Exacta
Pick the 1st and 2nd finishers in exact order.

Box variant: pay 2× the minimum to cover both orders (A-B + B-A). Good when you're confident in two horses but unsure which will win. Pays well in races with a chalk + a true longshot.

Pick

Two horses to finish 1st and 2nd in the exact order called

Minimum ticket

$1 (often $2)

Scope

One race

How it works

Box variant: pay 2× the minimum to cover both orders (A-B + B-A). Good when you're confident in two horses but unsure which will win. Pays well in races with a chalk + a true longshot.

Where to bet

US pari-mutuel wagering goes through licensed operators. TVG, owned by FanDuel, and TwinSpires, owned by Churchill Downs, are the two largest US dedicated racing platforms. Caesars and DraftKings carry horse racing in licensed states alongside their main sportsbook product.