Spread betting is one of the latest trading concepts. This derivative strategy has much in common with sweepstakes, which is why it is very popular with both traders and poker players. While brokers traditionally set the specific spread rate (or the range in which the spread may fluctuate) for specific financial tools, spread betting involves placing a bet on each point of spread. It looks like a sweepstake inside the trading. Spread betting is a breath of fresh air for the traders who got tired of trading routine and want some thrill.