Many new betting and horse racing fans will be looking ahead to Cheltenham Festival but there is plenty of new terms out there to learn - such as an exacta bet
An Exacta bet in horse racing involves predicting the first and second-place finishers. A straight Exacta requires predicting the exact order, while a reverse Exacta allows the horses to finish in either order. A combination Exacta lets you select multiple horses, covering various combinations but costing more. It is recommended to start with smaller fields to understand how Exacta bets work.
