exacta

[ig-zak-tuh] /ɪgˈzæk tə/
noun
1.
a type of bet, especially on horse races, in which the bettor must select the first- and second-place finishers in exact order.
2.
a race in which such bets are made.
Also called perfecta.
Compare quinella.
Origin
1960-65; ellipsis of American Spanish quiniela exacta exact quinella
Examples from the web for exacta
  • And there's a hefty bonus for an exacta--if your pick for first or second or third, etc, matches the tournament rankings.
Word Origin and History for exacta
n.

type of horse-racing bet, 1964, said to have originated in New York; from exact (adj.).