How does a spread-betting exchange work?
Chris F. Masse October 3rd, 2007
Mike Smithson explains to you how to speculate on SpreadFair with regards to the next Gordon Brown re-election. (Beware, British traders. Spread betting is very risky.)
- Exchanges & Markets , Explainers , Market Trading
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the pay-off is based on the accuracy of the wager, rather than a simple “win or lose” outcome, which is known as money-line betting.