Racing & Pari-Mutuel
Exacta wheel
An exacta wheel is a racing bet that covers multiple exacta combinations by keying one or more horses with other runners to cover different first-and-second finish orders.
Key points
- The bettor selects one or more fixed horses and combines them with additional horses to create multiple exacta tickets1.
- A win requires the chosen horses to finish first and second in the exact order23.
- An exacta wheel is a broader form than an exacta key, which uses only one key horse4.
Where this term is used
Related terms
Racing
Exacta wheel vs exacta key
Explains the difference between a wheel with multiple key horses and a key with one singled horse.
Racing
Exacta
The base bet on the exact first-two finish order.
Racing
Superfecta wheel
A similar wheel bet for the first four finishers.
Racing
Exacta horse
A horse selected in an exacta bet.
Racing
Exacta straight
A single exacta combination, not a wheel.
Racing
Quinella wheel
A wheel bet where the two selected horses can finish in either order.
Sources
- Betting on horse racing en.wikipedia.org Defines the exacta wheel and its application in horse racing.
- Parimutuel betting en.wikipedia.org Describes parimutuel betting contexts including exacta.
- Glossary of Australian and New Zealand punting - Wikipedia en.wikipedia.org Provides the exact-order requirement for an exacta.
- Lottery wheeling - Wikipedia en.wikipedia.org Distinguishes exacta key from exacta wheel.
Sources are drawn from regulators, universities and published research, and each one is labelled with what it actually is — a preprint is not called a paper. Bookmaker and affiliate pages are never cited here, because a page that sells betting is not a neutral authority on it.