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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
“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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Example Sentences

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

From BBC

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.”

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

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

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

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