Financial vs. Sports Spread Betting
An insight into the difference between sports and financial spread betting.
by Harry Davies on 18th October, 2016
With so many spread betting options now available education is a necessity, needing to get clued on which companies are offering the most lucrative of deals. This is why we monitor the market on your behalf, finding out as much information as we can in order to inform our customers.
2016 has been dubbed the year of spread betting, with the long-standing betting form now creeping its way into the sporting industry. While not as popular as table games and placing wagers on game outcomes spread betting is becoming vastly popular, with some of the biggest names in betting now offering this service.
What is financial spread betting?
Financial spread betting is a product that allows you to trade on the price movements in financial markets including indices, shares, currencies and commodities. With the fluctuatingquality to the market this form of betting is both entertaining and conjures up some incredible returns, traditionally favoured amongst those involved within the financial landscape.
As a leveraged product you only have to part with a very small amount of money in order to achieve great exposure; a tax-free way of making money on the trading of financial products. However, there are risks involves as with any form of gambling. IG.Com explains;
'When you open a spread betting position on a market, you are given a 'buy' and 'sell' price either side of the underlying market price – this is known as the spread. If you think the market will rise, you open your spread bet at the ‘buy’ price. If you think it will fall, you open at the ‘sell’ price.'
Sports spread betting
In recent years sports spread betting has become really popular, with big betting names including Ladbrokes branching out to offer this service. Focused on sports rather than finance spread betting permits bettors to place predictions on a variety of outcomes, making even bets such as 0-0 football results exhilarating. What is so unique about sports spread betting is that a pay-out is based on the accuracy of the wager, rather than a simple 'win or lose' scenario, giving bettors more opportunities to win big!
Start spread betting today
Make use of any of our spread betting services today and enjoy a wealth of promotions straight to your desktop or mobile. Good luck!
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