| Abstract: | Traditional betting has two outcomes: you win or you lose. Spread betting has many more possibilities: you can win a lot or a little; you can lose or lose much, much more than you imagined. Spread betting, say its fans, brings a whole new level of uncertainty—and excitement. It has been described as the crack cocaine of gambling. Spread bets can be laid on almost any sporting or other result, but in the field of finance it is making particular inroads. David Buik , of the City spread betting company Cantor Index Ltd, explains. |
