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Definition of spread bet noun from the Oxford Advanced Learner's Dictionary

spread bet

noun
 
/ˌspred ˈbet/
 
/ˌspred ˈbet/
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  1. a bet in which you bet money on whether you think the predicted outcome is too high or too low. The amount of money you win or lose depends on the extent to which you are right or wrong.
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verb
 
 
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