All You Need to Know About Spreads ; Hugo Duncan Answers Some of the Most Frequently Asked Questions On the Intricate Subject of Spread Betting

Evening Standard - London › October 13, 2009

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Summary

WHAT IS SPREAD BETTING?

SPREAD betting is a wager on the outcome of an event where the pay-off is based on the accuracy of the wager rather than the simple result. As a result, the returns are not fixed.

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All You Need to Know About Spreads ; Hugo Duncan Answers Some of the Most Frequently Asked Questions On the Intricate Subject of Spread Betting

GIVE ME AN EXAMPLE.

Let's take a game of cricket between England and Australia. The bookie thinks England will score 250 runs so sets a spread of 249 to 251. If you think England will score more runs you "buy" at 251. If you think England will score less runs, you "sell" at 249.

If you bought at 251 at Pounds...

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