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Spread betting
Meaning
Noun
●
A form of
gambling
(or
investment
) in which a
bookmaker
(or
broker
)
predicts
a range of
outcomes
(or
share
price
movements
) and the better (or
investor
)
places
a
stake
on a higher or lower result and thus
wins
or
loses
a
multiple
of that
stake
, the
multiple
depending on
the
accuracy
of the prediction
Sourced from
Wiktionary
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