Spread betting emerged in the financial markets as a way for experienced investors to maximise their potential profits with a relatively small stake.
When making a spread bet or CFD, the investor is not purchasing a physical asset. Instead they are betting on a range of outcomes. For financial spread betting the outcome bet on is price movement of shares, commodities or other investment vehicle.
For novelty spread betting the basic principles remain the same. But instead of betting on share price movements, you bet on events such as a reality TV show or general election. For example, number of parliamentary seats won by a particular party.
As with the financial markets, novelty spread betting is a complicated business and is not recommended for novice gamblers.
If you need more information to decide which Spread Betting or Contract For Difference Account is the best for you, then check out
TheRateTart Guide to Spread Betting & CFDs.
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