0 a bet (= an amount of money that you risk on the result of something, such as a horse race) in which the horses, etc. that come first and second must be picked in the right order: --
The exacta of 4 and 2 paid $347.40.
In the most basic horizontal wager, an exacta, the bettor selects the first and second place horses in the exact order.
If either prediction, or both, were correct, the player(s) won a bonus prize package called the exacta.
Later the exacta was also offered on select races during each program.