"Exotic wagers" are types of bets in gambling or horse racing that are more complicated or unique than regular bets. They usually involve predicting multiple outcomes or combining different factors to win the bet. Full definition
It has adversely affected all American racetracks, but is especially burdensome to the smaller ovals that depend heavily on income from exotic wagers and therefore feel the bite proportionately more. (si.com)
With talk swirling of state officials considering the future of its racetrack franchise, the New York Racing Association has fired president Charles Hayward following revelations he may have known the racing group was violating state law by not lowering pari - mutuel takeout rates on exotic wagers. (espn.com)
In the past few weeks, Cuomo and his aides have accused top NYRA officials of deliberately overcharging gamblers who won what's known as exotic wagers, like trifectas, by $ 8.5 million dollars. (wxxinews.org)