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Advice for Spread Betting

Do, 28. Februar 2019 | 0 Kommentare

The key to spread betting successfully is the same as playing most any other gambling and speculating. In order to place a bet that has a reasonable chance of winning, you have to employ your knowledge about the game and/or the market and be smart about your betting.
Do Some Research

One of the key components of any type of successful gambling is self-discipline, especially with regard to research.

Punters often depend too much on what they think the result will be without checking out the latest form, statistics and/or numbers on the game or financial instrument/market they are betting or speculating on.

Although you still stand a high chance of losing – after all, that is the risk factor involved in gambling and the higher the reward, the higher the risk – you can greatly improve your chances of successful spread betting by avoiding falling into sloppy habits.

If you are placing a spread bet on a particular share in the financial market, don’t only depend on how much a company’s share price usually trades for. Do some research on the latest numbers, including recent trades and recent financial results, and what is happening in related markets, and then make an informed decision.

If you are spread betting on a horse race, for example, don’t simply choose a winning time at random. Do some research on the average times for the track the horses will be running on and then consider other factors, such as the track conditions and the previous performances of each horse at that particular track.
Risk Warning on Spread Betting

Spread betting can be very rewarding and produce large returns on small stakes. Basically the more you’re right, the more you win. However, the opposite may also be true. The more you’re wrong, the more you potentially lose. The profit or loss is determined by the difference between the final result and the level at which the bet was originally made, multiplied by the stake that you nominated. In some volatile markets, such as cricket runs, your profit or loss can escalate very rapidly.

For this reason, careful control is vital and four basic guidelines are recommend by best legal online sports betting sites:

Work out the worst case result you are willing to accommodate whichever way you decide to bet. Limit your stake within this scenario. Remember to check whether there is a maximum result for your particular bet.
Where possible, keep a careful eye on the event on which you have placed the bet, and be prepared to cut a loss if the bet is going against you.
Recognise that some sports betting markets are more volatile than others (i.e. the final result could be a long way off from the original quote).
Always remember that you may lose more than your original stake.
Consider using a Stop Loss position so that you can benefit from a cap on the amount that can be lost. Familiarise yourself with the stop loss rules; they can limit your winnings, limit the size of the bet if it was to expose you to excessive risk, or in some instances cause a bet to be refused.

Spread betting is ideal for short-term trading to buy fildena; but is not generally suitable for long-term investing.

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