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Spread betting is classed as a form of trading and so was never part of the remit of the 2005 gambling act, instead it is regulated by the Financial Conduct Agency. Spread betting is seen as one of the most dangerous forms of gambling because it does not use fixed odds, instead you take a 'positions' on an outcome (e.g. The odds are competitive, and it offers a large selection of bets. Luckily for you, we rigorously test each bookie before we list them on BettingLounge, and even list the new betting sites we believe punters should avoid, or at least, be cautious of. Due to recent changes, all bookmakers operating in Europe will have to do so under the General Data Protection Regulation (GDPR). It’s quite possible that online sports betting regulation could be on the horizon in those states as well.
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