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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

The dramatic nine-week hearing saw Adoboli described as a gambling-mad markets obsessive who worked long hours and spent much of his leisure time devoted to financial spread betting.

From The Guardian Nov. 20, 2012

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

From The Guardian Nov. 20, 2012

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

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

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