Longman Dictionary of Contemporary English homepage

spread betting

 noun
     
spread betting [uncountable]
1 a type of betting on sports events in which someone says what they think the final score will be
2 a way of buying and selling shares in which someone bets money on whether shares in a particular company will go up or down in value
—spread bet noun [countable]
Definition from the Longman Dictionary of Contemporary English
Advanced Learner's Dictionary.
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