Sun, Aug 04, 2002 - Page 11 News List

British literally bet on markets with a gambling scheme

REUTERS , LONDON

The popularity of spread betting has caught on beyond financial markets. Sports spread betting is an even bigger racket, gaining popularity during the soccer World Cup this summer. And Cantor Index has adapted it to Hollywood, taking bets on which movies will score best at the box office.

But neither the punters nor the firms are suggesting spread betting could become a repeat of the day-trading craze.

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