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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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However, self-service betting terminals, spread betting, pool betting, and horse racing were spared from the general betting duty due to take effect in April 2027, and a 10% bingo duty is set to be abolished, the U.K. fiscal watchdog said.

From The Wall Street Journal

“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.

From Barron's

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.”

From The Guardian

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

From The Guardian