Direct from the WagerTalk TV Studios in Las Vegas, WagerTalk.com’s Kelly Stewart talks with sports betting expert Marco D’Angelo and look at what is a Exacta Bet in horse racing.
Additional terms:
WIn Bet: A Win bet is exactly what it sounds like, a bet to select the winner of the race. If the horse you bet to win does not win the race your ticket is worthless.
Place Bet: A Place bet will pay you back if the horse you select finishes first or second in the race.
Show Bet: A Show bet is the most conservative wager on a horse race and will return your wager if the horse finishes the race first, second or third.

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