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What is an Exacta? - How to place an Exacta bet

  • An Exacta bet is available on every thoroughbred, harness and greyhound race provided there are at least three or more runners.
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What is an Exacta bet? (Getty)
Bets.com.au Staff 30 Nov 2021
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What is an Exacta? - How to place an Exacta bet

To win an Exacta bet, you must correctly predict the 1st and 2nd placegetters.order.

There are many ways to place an Exacta bet, with punters being able to choose from a minimum of two runners up to a maximum of the field.


You can place Exacta bets with most bookmakers such as PlayUp, Bet365, TopSport, Unibet and Palmerbet whilst some bookmakers also provide fixed odds Exacta betting markets.

Below are the Exacta bet options:


Simply select the first two placegetters past the post and in correct order. 


A Boxed Exacta allows punters to select as many runners as they desire. 

Providing two of the selections finish 1st and 2nd, you win the Exacta. 


Confident tthat there's a stnadout selection in a particular race? Then a Banker Exacta could be profitable angle.

Tip the Banker to win and select any number of runners to finish 2nd.  

If your Banker finishes 1st and one of your other runners finishes 2nd, the Exacta bet will pay.

A Multiple Exacta enables you to select as many chances as desired for each placing. 

For example, you can take four selections for 1st and five runners for 2nd. 

Providing one of the selections fills the required placing, you win the Exacta bet. 


If one or more of your runners are declared non-runners or are scratched after you have placed your bet, the money will be refunded on every combination that includes the scratched selection.

Exacta Betting FAQ

What is an Exacta bet?

An Exacta bet is when a punter aims to select the first two runners past the post in a thoroughbred, harness or geyhound race.

Can an Exacta bet be placed on sports?

Yes, some sports have the option of selecting the 1st and 2nd placegetters in correct order.

This is dependent on the bookmaker.

How to place an Exacta bet?

Placing an Exacta bet requires a punter to select both the 1st and 2nd runners home in correct order

Bookmakers offer markets for Exacta bets providing there's at least three or more runners.

How much can an Exacta bet pay?

Correctly selecting an Exacta bet can be more lucrative than a Quinella bet especially if a longer shot prevails.

For example, Warwick Farm Race 7 with Sedition winning at $33.50 and Accelerato running second at $2.30 for the place, the Quinella paid $99.50 whilst the Exacta bet paid $284.50.

How much does an Exacta bet cost?

With one selection for first and one selection for second, 1 unit or 100% of the Exacta bet will cost $1.


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