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Is spread betting illegal in any states?
Spread betting is illegal in all states in America. There are also some other countries around the world where it is against the law to place spread bets.
What is betting against the spread?
When you bet against the spread you bet that the underdog team will win by a margin greater than the amount the original spread says they will lose by. For example, if the Toronto Maple Leafs are supposed to lose by 2 points, betting against the spread would mean you bet that they will win by more than 2 points.
What is a spread betting forum?
A spread betting forum is a betting forum where you spread your bets around. If you diversify your bets you have a better chance of winning and making money.
What is the online site Spread Betting FTSE used for?
Spread Betting FTSE is a site dedicated to all financial spread betting. In addition to general advice about the options and risks associated with spread betting, the site provides a forum for registered members to share tips, hints and seek advice.
Where can one learn how to spread bet?
One can learn how to spread bet through reputable online trading platforms, books on spread betting, online courses, and attending seminars or workshops on the subject. It is important to thoroughly research and understand the risks involved in spread betting before getting started.
What companies offer spread betting in the UK?
UK Spread Betting is a web directory containing the names and address of betting companies that provide spread betting in the UK. Companies include: Barclays Stockbrokers Financial Spread Training in London and BetOn Markets.
What is spread betting software and where can I find it?
Spread betting software is software where it compares teams with there strong points and weak points against other teams and then makes a point spread for them. You can purchase this software at any electronic store.
How many people are involved in Spread Betting in the UK?
"There are over 500,000 spread betting accounts in the UK at this time. Spread Betting is a leveraged tool that gives investors the opportunity to trade the financial markets without ever taking physical ownership of the underlying instrument."
Where can one find information on how to become successful at spread betting?
There are many ways you find information on spread betting. You can visit your local library and see if you can find info there. You could also ask someone that is familiar with spread betting. The internet is also a very good tool to find information out on spread betting.
Which spread betting broker is best?
As for comparing the spread betting companies it really depends on what you want to trade and over what time period. For instance IG Index are known to have the widest choice and are good for shares etc but Capital Spreads possibly has the tightest spreads, good for short term trading etc .
Are there benefits to spread betting?
Spread betting would be useful because you don't have to win or lose. It is based on how accurate your bet was. There are very high risks involved with spread betting. You can either lose substantial amounts or gain substantial amounts.
What is the spread?
The spread is the difference between the "buy" and the "sell" prices of a particular spread betting market (such as equities, indices, currencies and even sports!) For example spread betting company Spreadex may offer a "spread" of 5000-5002 on the UK 100 Daily (aka FTSE 100). You could buy at 5002 if you believe it will go above this level, or you can sell at 5000 if you think it will go below. The spread is effectively how the spread betting company makes its profits. The spread will get wider if you bet on futures or utilise guaranteed stop losses. If you need any more help on the terminology used in spread betting see this glossary of terms provided by Spreadex. http://www.spreadex.com/betting/Financial/financial_spread_betting_glossary.aspx
