Definition of spread betting noun from the Oxford Advanced Learner's Dictionary


spread betting

BrE BrE//ˌspred ˈbetɪŋ//
; NAmE NAmE//ˌspred ˈbetɪŋ//
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a type of betting in which you bet money on whether you think the predicted outcome is too high or too low. The amount of money you win or lose depends on the extent to which you are right or wrong.