What's the Difference Between a Quinella and Exacta?

An exacta is similar to a quinella in that it involved the first two horses, but with the Exacta you must pick the first two horses in the exact finishing order. You might choose the Exacta over a Quinella if you think one horse has a clear advantage over your second pick.

Is quinella or exacta better?

Since the exacta calls for a handicapper to pick the first two finishers in exact order and the quinella has more flexibility, requiring just the first two finishers in either order, the exacta will inherently pay better. But that doesn't mean there are not times when the quinella can offer some wagering value.

Is quinella a good bet?

Quinella betting for horse racing gives you a good chance at solid payback for a relatively simple wager. It comes into play whenever you can correctly predict the first two horses in the official order of finish of a horse race.