If you think picking the winner of a major horse race like the 141 st Preakness Stakes is tough, try picking who will finish 1st and 2nd . That is exactly what you are asked to do with an exacta bet, and it is why the payouts tend to be so good. Exotic bets are generally only played by serious horse bettors, but when you have a race that features a big favorite like Nyquist, the casual bettor has a real opportunity to get in on the exacta action. There are a number of different ways that you can go here, and the good news is that you really don’t have to spend a lot of money in order to get in on the exacta fun. A bet of this type can be had for as little as $1, and the payouts on such a small bet can be very nice indeed. Let’s take a look at some of your available horse racing betting options.
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