EXACTA
This wager is the simplest and most played of the exotic wagers. Most racetracks have exactas in each race. With this type of wager, the player must pick the runners that finish first and second in the race in direct order. A player can box this wager and it is known as an exacta box. In this wager, the runners must finish first and second in any order.

STRATEGY
Exactas are best played with several combinations as to cover themselves and possibly receive large payouts.

A player can key a runner in the first or second position with one or more runners in the other half of the wager. This is known as an exacta part wheel.

TRIFECTA
To collect the player must pick the runners that will finish first, second, and third in any one particular race, in exact order. Some racetracks offer only a few races that have the trifecta wager. Others offer every race as a trifecta as long as the race has a minimum of six runners.

STRATEGY
Like the pick threes and pick 6's, the trifectas can offer large payouts. Many players will box more then three horses for the trifecta, but one must realize that with each addition of a marginal horse the cost grows rapidly. An example would be that a four horse trifecta box costs $24. A five horse trifecta box jumps to $60. The exacta marginal horse may not be worth the extra cost.