The popularity of financial spread betting in the UK and some other Ppint countries, compared to trading other speculative financial instruments such as CFDs and futures is partly due to this tax advantage.gambling poker MARIBOR CASINO A number of sports gamblers, both beginners, and veterans, fail to understand the true meaning of the point spread and the thought process that goes behind the making of the spread for each game. The Rise of Interest Sports Gambling. So it was natural that the colonists brought their love of gambling across the Atlantic ocean with them and start sports gambling in America. Middle Placing wagers on opposite teams with advantageous point spreads. If a gambler bets on the Colts over the Jets and the point spread moves and. Gamble: To wager or bet an amount of money on the outcome of a sporting event. Hook: A slang term that means a half- point in a wagering spread. For example, "six and a hook" would be used to describe a point spread.