The Favourites Horse racing is one of the most popular sporting events to b... market is a Sports spread betting is a type of betting that involves pre... type similar to that of the Racing indices is a type of market in sports spread betting ... market above, in that it works on a points-based system. However, you are betting on the outcome of a horse racing meeting rather than one individual race. In particular, you will be betting on the performance of the The favourite is who has the shortest odds for an event. In ... in each race which will accumulate into a total at the end of the meeting. The horse is awarded 25 points for a win, 10 for finishing second, and 5 points for finishing third. If there are joint or co-favourites for a race, then the lowest racecard number will be selected as the race favourite.