spread betting
noun [ U ]
ukus FINANCE, STOCK MARKET
the activity of risking money on the price changes of shares, without buying the shares themselves:
There is no doubt that spread betting is a more expensive way to play the market than dealing through a broker.
The financial spread betting market is booming.
a spread betting company/firm/group
FINANCE
a form of gambling in which you try to win money by saying what the result of events such as sports games will be:
With spread betting, the more right you are, the more you can win. But if you are wrong, you can lose more than your stake.