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spread betting

British  

noun

  1. 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

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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

Finally, London Capital Group, the spread betting and financial business currently in takeover talks, fell 1.75p to 47.75p after reporting a full year loss of £2.1m compared to a profit of £6.1m.

From The Guardian ● Feb. 20, 2013

Levene was also chased by spread betting firms.

From The Guardian ● Nov. 5, 2012

He has lost most of that but doesn't let his spread betting affect his investment portfolio, which he says "is more long term."

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

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