Spread betting is any of various types of wagering on the outcome of an event, where the pay-off is based on the accuracy of the wager, rather than a simple `win or lose` outcome, such as fixed-odds (or money-line) betting or parimutuel betting. A spread is a range of outcomes and the bet is whether the outcome will be above or below the spread......
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http://en.wikipedia.org/wiki/Spread_betting
Through the ever-increasing portal that is online gaming, these transactions are becoming more popular. Prospective punters now can place a bet from the comfort of their own home, which has seen the value of the industry rise to a reported £12 Billion!
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http://www.encyclo.co.uk/local/21431
A form of investing which is more akin to betting, and can be applied either to sporting events... <a target=_blank href='http://www.finance-glossary.com/terms/spread-betting.htm?id=2159&ginPtrCode=00000&PopupMode=false' title='Read full definition of spread betting'>more</a>
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