Guide to horse racing spread betting
What can I bet on?
Meeting Markets
At every UK race meeting Cantor Spreadfair offers main card markets, so you can bet on what happens during the whole meeting, rather than just one particular race. Here are some of the most popular markets:
Favourites
This market is about the performance of the favourite at the start of each race, based on the following scoring system:
- First: 25 pts
- Second: 10 pts
- Third: 5pts
Favourites finishing outside the first three make up zero points.
Cantor Spreadfair will then offer a quote, estimating how the favourites will perform at the meeting. You then have to decide whether you think the actual outcome will be higher or lower than the quote.
Example
If Favourites for a meeting were quoted at 52-56 and you thought the favourites would perform well you would BUY (go high) at 56. If two favourites won and one came second they would make up 65 so your profit would be 9 units.
Spread bets are high risk products; you need deposit only a small percentage of the value of the bet. However, your losses may substantially exceed that deposit very rapidly and thus require you to make additional deposits at short notice to maintain your bets. Spread bets are not suitable for all customers. Before betting, you should ensure you fully understand the risks and seek independent financial advice if necessary.
Cantor Sport is a division of Cantor Index Limited which is authorised and regulated by the Financial Services Authority