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Spread betting was invented by Charles K. McNeil, a mathematics teacher from Connecticut who became a bookmaker in Chicago in the 1940s. [5] In North America, the gambler usually wagers that the difference between the scores of two teams will be less than or greater than the value specified by the bookmaker, with even money for either option.
Finspreads is a London-based [1] online financial spread betting firm [2] [3] that offers customers access to various instruments on the world's financial markets through online and mobile trading platforms. [4] [5] Along with IFX Markets, FX Solutions and City Index Limited, it is a trading name of City Index Group. [4] [6] [7] [8]
The sports product offers both sports spread betting and sports fixed odds betting including features such as Bet-Builder, Auto-Cash Out and Live Streaming. [17] The financial trading product offers financial spread betting, CFDs, Options and ETFs covering indices, shares, forex, commodities, bonds, cryptocurrencies and more. [18]
The first spread Andrews comes to for an NFL game is simple math, using the power ratings: If Team A is 90, Team B is 91 and at home with a 2.5-point home-field advantage, the line is Team B -3.5.
This is a non-exhaustive list of traditional and popular bets offered by bookmakers in the United Kingdom.The 'multiple-selection' bets in particular are most often associated with horse racing selections but since the advent of fixed-odds betting on football matches some punters use these traditional combination bets for football selections as well.
Most CFD providers launched financial spread betting operations in parallel to their CFD offering. In the UK, the CFD market mirrors the financial spread betting market and the products are in many ways the same; the FCA defines spread betting as "a contract for differences that is a gaming contract". [10]
Sporting Index is a British-based company specialising in sports spread betting. It claims an estimated UK market share of over 70%. [2] The company is best known for spread betting; offering a wide variety of sports, politics and showbiz events, as well as a portfolio of unique virtual games. The betting firm also provides a Fixed Odds service.
Spread Co is a financial spread betting and CFD provider based in the UK. Spread Co's custom-built platform is built and developed in-house for both professional and retail clients to trade financial markets.