spread betting

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

Example Sentences

“Gold will find support at some stage, and it’s quite likely that there will be a sharp reversal when it does,” David Morrison, analyst at the U.K. spread betting and foreign exchange brokerage Trade Nation, said.

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A former football club chairman has been found guilty of fraud in a £3.9m spread betting "Ponzi" scheme.

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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.”

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

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

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