What is spread betting? | bestbrokers.co.uk

What is spread betting?

Spread betting is any form of placing a specific pay-out on the result(s) or outcome of an event. In ‘Spread betting’ the pay-out itself and the specified amount is usually based on the correctness of the person placing the bet spread. ‘Spread betting’ is different from the other forms of wagering. It is not like the ‘win or lose’ stakes, ‘money line’ form of ‘betting’ or the ‘pari-mutuel betting’. It is called ‘Spread betting’ because it is not based on a single result. A Spread bet is based on a range of results. This range is based on the possibility of the range being above or below the spread.

This is a companion discussion topic for the original entry at https://www.bestbrokers.co.uk/blog/2015/01/05/what-is-spread-betting/