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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

A spread betting platform simply mirrors the market's movements, although this exposure can still lead to large gains or losses.

From The Guardian ● Jul. 20, 2013

Most of the proceeds will be used to meet obligations under a renewed loan for IPGL, which owns spread betting business City Index, from HSBC.

From The Guardian ● Dec. 7, 2010

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

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

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