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.