Exacta and Exacta Box\n\n That's called an exacta. The beauty of exacta betting is you can bet it "straight." Here's an example: "I'll take aR$2 exacta on [horses] 1-2." That means the runners need to finish in that exact order; the one horse has to win, and the two has to finish second.

In conclusion, the most profitable horse racing strategy is value betting. It involves identifying discrepancies between a bettor's estimation of a horse's chance of winning and the odds provided by the bookmaker. By taking advantage of these apparent errors, bettors can maximize profits with higher chances of winning.

For example, odds of -120 mean that placing a bet ofR$120 winsR$100. In every case you win, the bookmaker also returns your initial stake. So, you'd walk away withR$220 total in the event you were to win this example wager. The plus sign preceding the odds expresses how much you'll win with aR$100 stake.