Spread Betting Guide
The spread-betting market is diverse to say the least, essentially giving you the opportunity to wager on virtually anything from golf or baseball to stock exchanges. In the UK in particular, where spread-betters are estimated to have reached at least a million individuals, it’s an increasingly popular past time, bringing on the emergence of mobile phone applications, different sorts of online accounts, books, forums and beyond. One of the beauties of this kind of gaming is that you get real control over the kind of area you wager in and can determine that depending on your knowledge base. Financial spread-betting for a city worker seems as much like sense as it does fun, and wagering on a favourite game for a sports fanatic can offer the ultimate addition to a highly-anticipated game. At The VIP Gambler, we offer contacts and insider knowledge throughout spread-betting. Our members get the spread-betting best!
Spread Betting Facts
Conceptually, spread-betting is purely a matter of buy or sell, known as the bid and offer price. You never actually physically own the share and/or index betted upon, just the risk, which is a much riskier way of betting in itself!
By wagering, your chosen sum is set against a ‘per point’ or ‘tick’ which moves up and down as you predict and is wholly dependent on the index and/or share movement proper. When you look more closely at how little control you really have over the wager, it becomes more apparent quite how vital it is to bet within your means and to do so wisely.
Despite what may have historically been the case, when spread-betting was previously viewed as an exclusive activity for the rich, it does not take thousands upon thousands to get started. As a gearing action, the smallest of fluctuations can deliver huge rewards quickly!
Spread Betting History
For a long time spread-betting was regarded as a playtime for the rich and privileged, but with its emergence in casinos and the array of accounts now on offer to all, the shape of it is vastly changing to meet all of our requirements. Back in 1974, Stuart Wheeler, the founder of IG Group, began an extremely exclusive gold market amongst some of his friends. His idea, to allow for trading on the price of gold as an index, also incorporated the group of people who then set the price that gold would trade at, known as the price fixing merchant bankers. People were invited to ‘buy bet’ if they thought gold would go higher than Wheeler said, or ‘sell bet’ if they thought it would be lower. This form of trading was a true revolution for its time, and subsequently Wheeler expanded and introduced vehicles where people could bet!
Spread Betting Rules
Rule number one for top spread-betting is simple: never bet what you cannot afford. It’s not exactly a new one, but it really is the bottom line. When you have established how much you have for wagering, don’t be fooled by emotional tales of company stories or emphatic sportsmen waxing lyrical about their play. Emotions don’t drive spread-betting. Keeping calm, staying focused and not getting dissuaded by anyone around you is far more beneficial. Focus on trends and follow them; they happen for a reason, likely because market demand, product capability or team ability dictate it. In following trends it can be really interesting because it reminds you of the commercially active aspect of this wagering. Similarly, if a company or team continues to spiral, don’t fall into the trap of thinking it will be due a rebound – it isn’t that fair! Find out more with The VIP Gambler today!
Spread Betting Strategies
When it comes to talking strategy with spread-betting, the bottom line is knowledge and understanding. If you are market-direction savvy, sport savvy or otherwise, sticking to what you know is a tried and tested approach. Strategies for betting on commodities, the FTSE, sports and anything else imaginable tend to be market-specific. There is a difference between betting on opening trade for the FTSE, and wagering the difference between two premiership teams in a crucial match. Luckily, there is also an awful lot of help from wizened traders, bookies and beyond. The important thing to remember is that spread-betting is still gaming, not investing, and as such there are no certainties, only hunches and personal styles, preferences and methods. If you are new to the activity, give a trial run a go. Many casinos allow you to simulate trading before playing. And remember; always set your “stop-loss” limit when you play!
Spread Betting Finance
The first step to getting ahead in spread-betting is opening the best account for you, and this is most true of financial, where upon joining you are literally flooded with market data and that can be difficult to decipher. Good financial spread-betting accounts will offer trading tools which are easily understood and aid you in minimising risk as you take part. These needn’t be complex or overly daunting, because if you have a clear idea of the markets, type of stock or other area in which you wish to wager, a good account will help you to hone your experience to suit. This is the arena where spread-betting can offer seemingly inconceivable rewards for you. Not for the faint-hearted, financial spread-betting has allowed many people to directly dabble in the markets for the first time. Here at The VIP Gambler, we can take you to where the real action is!
Spread Betting Sports
When sports spread-betting, the typical way to play is to wager on the difference in score between two teams. This was one of the original ways that sports spread’s began. This wagering often means you come across ‘half pointer’s’ to prevent anyone from wagering for ties. Sports spread’s don’t really differ drastically from financial spread-betting because both present a collection of numbers which, on first glance, might not appear to mean much. The bigger casinos offering sports spread accounts tend to be very accommodating and clued up in supplying guides and in-depth tutorials to show how each game from greyhounds to American Football to Tennis, works out. Within this, one of the main attractions to sports spreads is the ability to opt out or in at such short notice. You can play along to results, adjust and enhance your games and learn by doing without mass expense whatever your sport!