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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

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spread betting

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

From The Guardian ● Apr. 19, 2018

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

Instead, I should jump into the world of "spread betting", going "long" and going "short", with mini-bursts of activity based on the zigzag of chart patterns.

From The Guardian ● Jul. 20, 2013

Increasingly, investors are using spread betting not just to make quick and large gains on price and market swings but also to hedge their investments.

From Time Magazine Archive

Though spread betting occasionally looks the same as dabbling in futures markets, typically the bets are smaller and more specialized, an attraction for the individual investor.

From Time Magazine Archive

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