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What is Spread Betting?
Spread Betting is not complicated. Like driving a car,
many people de cide that it is too difficult without even
giving it a try. In fact, once the simple concept has been
grasped, it becomes extremely easy to under stand.
They (the Spread Betting Firm) make a prediction on a
particular aspect of a sporting event, such as how many
goals will be scored in a game of football.
You simply decide whether our prediction is too high or
too low.
If you think that we are spot on, you don’t bet. It’s that simple.
Remember Bruce Forsyth’s, ‘Play Your Cards Right’? The
basic conce pt is exactly the same. "Higher Higher!
Lower! Lower! The amount you win or lose depends on how
right or wrong you are.
With a basic understanding of this concept, spread betting
is easy to understand. Never lose sight of that image of
Bruce Forsyth gesturing to the audience on whether a contestant
should go higher or lower. He could say, “Sporting Index
reckon England will score 250 runs”, ‘what do you reckon?
“higher or lower?”
Every time we make a prediction we are asking you the
same question…
HOW DOES IT WORK?
When you choose to challenge one of their predictions,
you must decide the size of your betting stake.
The amount you win or lose depends on the size of your
stake multi plied by how correct or how wrong you are.
Let’s say that they predict that there will be 3 goals
in a football match. You reckon that there will be more
so you bet higher with a stake of £10 for every goal above
3.
If there were 5 goals in the game, you would have won
(5 – 3) x your stake = 2 x £10 = £20.
If only 2 goals had been scored in the game, you would
have lost (3 – 2) x your stake = 1 x £10 = £10.
FEELING CONFIDENT?
Either way, before you start Spread Betting for real,
try a short free training session in our Spread Betting
Training Ground.
HAVE
FUN!!!
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