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

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Example Sentences

However, self-service betting terminals, spread betting, pool betting, and horse racing were spared from the general betting duty due to take effect in April 2027, and a 10% bingo duty is set to be abolished, the U.K. fiscal watchdog said.

From The Wall Street Journal

Connor Campbell, an analyst at Spreadex, a spread betting firm, said: “Trump poured a tanker full of cold water on the embers of the market’s trade optimism with a series of inflammatory tweets.”

From The Guardian

Ken Odeluga, a market analyst at City Index, a spread betting firm, blamed worries over the Turkish crisis for the stock market falls.

From The Guardian

The binary option is part of a family of similar financial products such as spread betting and contracts for difference.

From The Guardian

Some will have taken extra risk to buy the currency, via spread betting or other types of gambling.

From Economist