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        <title>01 What is a Spread Bet? : HID Financials</title>
        <link>http://betting.betfair.com/financials/education/what-is-a-spread-bet/</link>
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            <title>What is a Spread Bet?</title>
            <description><![CDATA[<p><strong>Confused about the spread betting concept?</strong> Continue reading to find out all about it!</p>

<p>Spread Betting is a tax free, cost efficient alternative to traditional share dealing. It allows you to speculate on the movement of stocks, shares, commodities, currencies and indices with the need for a stockbroker, therefore you do not have to pay any commission or fees. Tradefair creates a spread around the live underlying market price* and you can then bet on whether this market will go up or down.</p>

<p>* Tradefair's quote is always based upon the prices obtained from the various financial exchanges around the world. These prices are referred to as the 'underlying markets'.</p>]]></description>
            <link>http://betting.betfair.com/financials/education/what-is-a-spread-bet/what-is-a-spread-bet-210708.html</link>
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            <pubDate>Mon, 21 Jul 2008 10:29:13 +0000</pubDate>
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