Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun A method of betting, as on a horserace, in which the bettor must correctly pick those finishing in the first and second places in precisely that sequence.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun A bet in which the bettor must correctly pick the two runners who finish first and second, in the correct order.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun a bet that you can pick the first and second finishers in the right order

Etymologies

from The American Heritage® Dictionary of the English Language, 4th Edition

[From American Spanish quiniela exacta, exact quiniela (a game of chance), from Spanish exacta, feminine of exacto, from Latin exāctus; see exact.]

from Wiktionary, Creative Commons Attribution/Share-Alike License

Blend of exact and trifecta?

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