The Pros, Cons And Truth About Spread Betting
By: Andy Richardson
The wonderful world of spread betting, or so it can be!
Spread betting can be very topsy-turvy, full of highs and lows and involves an extremely high level of risk, so be sure to only bet with what you have to lose! If you play the game right, and beat the spread more often than not, with the right bets you can make an absolute fortune from any market, but there is always the other end to the spectrum as with anything and that is you can lose a fortune.
One thing you must do to help you on your way to making your fortune is to do your research thoroughly, i cannot stress that enough, and back only markets and spreads that you are confident in.
Pros of Spread Betting
The more you are right the more you win
You choose to go high or low on what the bookie thinks
There is lots of money to be made
There is a wider variety of markets with spread betting than fixed
You can buy or sell live in matches if you feel its going the wrong way
Prices are constantly updated
You can bet small stakes
You can check for more information
The More you are Right the More you stand to Gain
And when the essence of spread betting is that the more you get it right, the more you win, living in the age of sporting dominance can only be good. It gives us the possibility for volatility and big-makeupsand makes the surprise results even more surprising.
One of the other huge advantages of spread betting is that it gives the opportunity to oppose teams and players, effectively meaning the spread better is laying them as the bookie would. Rather than saying a team will do well, we can specifically back them to do badly, either in an individual game or over the course of a season. So for instance, if you back against a team in the FA Cup by selling their price in a tournament index, the effect is that you have every other runner in the competition playing for you. It is not just individual or team we can back against. In the same way, it is possible to back against events happening such as points being scored in a rugby match, corners in football games or the number of birdies on a specific hole in a golf tournament. In fact, one can spread bet on almost anything that can be logged numerically!!
Cons of Spread Betting
The less you are right the more you lose
There is lots of money to be lost
The bookies are quite good with their predictions of the spread
If your maths is not up to scratch you can lose track of how much you are risking
Your account balance can fall and raise so easily
Sometimes betting a small stake is not as small as you think it is
There is a real extreme high risk of losing lots of money
The Truth
To be a successful spread bettor the most important task is to research your bets, markets and news, the fact is if you do more research than the spread betting companies and have a good knowledge of the sport in question you are half the way to a healthy betting account, the other half is luck.
Spread betting is a fantastic thing to get into, its enjoyable, nervy and a money making machine if done right. One things for sure is youll have some of the biggest highs and lows in your life doing this. So sign up and we can help you along with the spread betting experience.
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About the Author:
More information is available at , a UK financial website which specialises in offering free guides and information on stockmarket products such as financial spread betting. The site introduces
The Pros, Cons And Truth About Spread Betting
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