What Is an ‘Exotic’ Bet in Horse Racing?
An exotic bet is a type of wager that is more complex than a traditional bet (straight bet) and offers higher payouts. Exotic bets can be used in any sport, but are most often used in horse racing. Examples of exotic bets include exactas (picking the top two finishers in order), trifectas (picking the top three finishers in order), superfectas (picking the top four finishers in order), and quinellas (picking the top two finishers in either order). Exotic bets can also be placed on the outcomes of individual games or events, such as picking the total score of a football game or the winner of a golf tournament.