Exacta

A bet selecting the first and second horses in a race in the correct order. An exacta box refers to paying a little more to ensure they can finish in either order.

Dead Heat

Two or more horses finishing so close at the wire, that they were unable to be separated on a photo finish and deemed to have tied.

Show Wager

Betting on a horse to finish in the first three spots, which pays out the same whether they win or run second or third.