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spread betting

British

noun

a form of gambling in which stakes are placed not on the results of contests but on the number of points scored, etc. Winnings and losses are calculated according to the accuracy or inaccuracy of the prediction

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Financial spread betting firm IG is predicting the shares could close between 385 pence and 405 pence on their stock market debut on Friday.

From Reuters • Oct. 8, 2013

Parallel to this Adoboli was obsessively playing the market on a private spread betting account.

From The Guardian • Nov. 20, 2012

Most of the proceeds will be used to meet obligations under a renewed loan for IPGL, which owns spread betting business City Index, from HSBC.

From The Guardian • Dec. 7, 2010

Four firms engage in spread betting in Britain, and the arrival last May of the Cantor Index, a subsidiary of American brokerage Cantor Fitzgerald, has further boosted the industry.

From Time Magazine Archive

In Britain, at least, some bookies are now acting like brokers and taking wagers on the directions of stock markets, an exercise called spread betting.

From Time Magazine Archive

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023