Learn How Spread Betting Works – Financial Betting
One may be forgiven for never having heard of the financial betting market. Still a relatively new betting option, financial betting or stock betting, involves placing wagers on various stock market options, such as Forex and commodities. As these options change every day, it was only a matter of time before some clever people realised that one can place a wager on the potential moments of the various international stock markets and commodities.
Four Main Markets
With financial betting or stocks betting, there are four main markets which wagers are placed on. The most popular is Forex. Forex is how the various international currencies relate to each other and how strong or weak they are on a day to day basis. For example, one can place a wager that the Australian Dollar will strengthen in comparison to the American Dollar by close of day. Forex has a currently daily trading volume of around 5 trillion dollars, which is 3 trillion more than the average stock market.
Commodities are the next most popular market to bet on when betting on the market. A commodity is a physical entity such as gold or oil whose prices rise and fall daily. This rise and fall is what get wagered on in market betting.
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Shares are small pieces of international or national companies which get bought and sold each day. The price of shares in a company varies from day to day and can be affected by a large number of things.
Indexes or indices are collections of items which all belong to a certain sector such as oil or mining. These also fluctuate on a daily basis both nationally in Australia and internationally.
Spread betting financial can actually be lucrative enough to provide a living. Of course, to do this one would have to very clued up with both Australian and international markets, and know exactly what a market is going to do before it does it.
Spread betting in the stocks betting game allows one to trade the financial market without having to actually take ownership of the underlying asset. This means that it is anonymous, and potentially tax free. Spread betting is the basic financial live betting market whereby one places a wager on whether a stock will rise or fall over a certain time period.
Each point in a direction could win you’re a certain amount of profit depending on how you wagered. The great thing about financial spread betting is that a stock can depreciate, but as long as you predicted this and wagered accordingly you can make money on it.
How To Enjoy Stock Market Betting
The first thing one needs in order to do stocks betting is a reliable financial betting site. Bettingsportsaus.com has a number of safe, proven financial betting sites on offer for Australian punters. Take a look through our list and choose the site which suits you the best. Some of the financial betting sites will offer a sign up betting bonus in order to attract new members.
Once you have chosen your financial betting site, you will need to read a comprehensive guide on exactly how to place a financial wager. Having a good knowledge of the stock markets abroad and at home is imperative before placing any wagers, as blind guessing is not recommended. Successful financial betting is seen as an investment, almost as good as investing in the stock market yourself.