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Spread betting is a derivative strategy, in which participants do not own the underlying asset they bet on, such as a stock or commodity. Rather, spread bettors simply speculate on whether the ...

Percentage (%) of money: The proportion of money bet on a side of a wager. For example, if we track a total handle -- a betting term that means "amount wagered" -- of $6 million and $5 million is on the Crimson Tide, that would be 83% of the money on the Crimson Tide. This is important information because not every bet is the same.

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