They say that humans don’t like change and will often go well out of their way to avoid it. Take a look at your own life and see if that shoe fits you as well. If it does, you are most certainly not alone (there are about 30 billion others). But, just because we have loads of company (misery loves company, remember) is not a good enough reason to keep avoiding good change.
Positive Difference
The fact is that change is often good (and even more often very, very good). Think about that for just a minute. We have incorporated a lot of truly great changes in our lives just in the recent past. Of course, the most obvious example is the internet. We might not all have embraced the whole idea of it in the beginning (innocent paranoia?) but once we tried it out, found our own favourite things and activities there (or soon appearing near you) we got to liking this new way of doing things.
Raise your hand if you were one of the people who were hesitant to get online. Keep your hand in the air if you are also one of the people who now has a meltdown when you can’t get online to do your stuff (banking, shopping, sending birthday cards on THE day because you didn’t mail a ‘real’ card last week, or even doing your job). Uh huh, that is a lot of hands still up in the air (for the super paranoid – YES, we CAN see you through your computer screen!).
Simple Ways to Incorporate Change
Okay, so the point is made. Change can be good. Now, here is a really great idea to get some change into your online life.
Try out some betting sites! If you already bet online, try out some new betting sites. If you regularly try new betting sites, then change things up by betting on a different venue than you usually do. You might be surprised to find that there are lots of activities for you on the betting sites that you haven’t thought of doing before.
Maybe you should try some financial betting if you think you might have a knack for that. Give the reality show betting a try if you are up to date on what’s going on there (we know you have an opinion).
Researchers have determined (and published the data) that people stay mentally sharp for years longer in their lives if they routinely shift their brains to a new activity or topic. Apparently, this shift can actually engage brain cells that we have allowed to go a little mushy and firm them up a bit.
So, the moral of this story is that we should buck the urge to resist change. At least to the degree of doing something a little bit different now and again. If you are an online betting person, then do something really easy to change things up and just engage in a little betting on a different topic. You can also take a few minutes to read some of the betting articles just to stir up a little brain activity.
http://www.google.com
Whether your market is stocks and shares, horse racing, greyhounds or football, as traders we all share a subset of personality traits that enable us to be successful.
The unfortunate reality is that not everyone has the personality make-up required to be successful in this career.
Financial trading of any kind demands a certain type of personality and attitude that fulfill the following criteria.
A trader must be:
* Able to accept substantial losses without self loathing and judgment.
* Humble enough to accept the futility of attempting to fight market trends.
* Aggressive and assertive in making decisions and predictions and sticking to them.
* Able to understand, accept and follow strict rule and pattern based systems without self doubt or question.
* Able to accept, log and learn from mistakes in a logical manner.
* Able to take a long term, logical, assertive and decisive approach to their trade.
Obviously, personality traits are not easy to change.
The fundamentals of trading can to some extent be learned, and the rules can be followed, but the basic features of ones personality are either there or they are not.
The other important feature of trading that is often missing from what can only be described as “very poor” trading systems and manuals is the concept of trading profits.
What do we mean when we refer to turnover, capital and percent profit?
Percent profit on turnover is very different from percent turnover on capital.
The daily profit that you take from trading can be defined by the amount of money you win by making trades that move in the direction you predict, minus the money you lose by making trades that move against the direction you predict, minus the sales commission that you pay to the betting exchange operators, or the stockbroker who is acting on your behalf.
Part of the beauty of the Betfair Betting Exchange is that your capital can be recycled through the market several times a day so it can be seen that a ten percent profit on turnover can be infinitely bigger than a ten percent profit on capital.
The ideal scenario for a trader is being able to visualize instantly when a trade is about to go against them and work to a “stop loss” system that gets you out of a trade at a certain point once it has moved against you to the preset amount.
This can in part compensate for the very human tendency to wait and hope that the market turns around and somehow miraculously comes to your way of thinking.
Put another way, it removes mistakes made by human stubbornness where the evidence is decidedly clear that a trader has made an error.
I have talked in previous articles about volatility and the extremities that can be reached in horse races.
Starting prices can be defined as early morning steamers, yet a simple comment coming from the stable in the afternoon, a heavy downpour at lunchtime, a late change of jockey or one of a myriad of other factors can leave them pre race drifters.
Once the horses arrive in Tattersalls and start warming up, “going down”, this is when on course professionals and commentators get a really good look at them, and the serious trading begins.
It is essential to your trading that you accept that the market will move against you on occasions. Once this happens, it is essential that you get out of the trade at the preset stop loss.
Once your trading takes a pattern whereby you are leaving trades open in the market purely speculatively to see if the market will switch to your advantage then this is pure gambling and just as dangerous as any back to win or lay to lose strategy.
* What is the market spread?
* Why is it so important to setting a stop loss?
The best way to explain this is to return to a traditional equity scenario.
In stock market parlance, we are talking about the separation between the higher buy price and the lower sell price.
In order to make a successful trade the sell price has to move to such a degree that it is higher than the price at which you bought the stock before you can possibly make any profit at all.
This separation between buy and sell prices in the stock market is the Market Spread.
Similarly, Betfair operates around this separation between buy and sell prices.
The lay price, the price to lose, on Betfair is always higher than the back price, the price to win, so we can see that to develop a successful trade the back price has to move to a significant enough degree, that it is higher than the lay price you paid.
Or the reverse scenario has to occur. The lay price must fall to such an extent that it is below the back price that you paid in order that your trade can make a profit.
Due to higher liquidity, many traders preference is to back horses where the odds appear to be artificially high and hope that the market notices, and the SP for this horse begins to shorten or “steam” in.
As the SP steams in, it pulls the lay price down as the market is effectively saying the horse has an increased chance of winning, once the lay price is below the original price at which we backed this horse, we can lay it off to a guaranteed profit.
During your initial trading ventures you will become more experienced at spotting market trends and probability patterns in certain types of racing scenarios.
Once you start spotting trends at an early point in the sequence, then you are ready to act more quickly and more decisively and at this point your trading profits will increase rapidly.
This ability to successfully identify market indicators when combined with BetAngel Supercharting can set the premise for a very successful trading career.
As you become more experienced at spotting trends you will spot patterns earlier and act on them more quickly and more decisively.
One of the best features of Betfair that is often overlooked, is that you are NOT battling against the traditional bookmaker and their manufactured overround (profit margin).
You are battling against other punters.
Some will be more experienced than you and will take your money, others will be less experienced and you will be taking theirs.
Either way it’s free market capitalism in all its glory and sometimes sheer horror!
In part 2 we examine some detailed statistics relating to Betfair that are very salient.
We also discover more about the mystical ten percent who are living the high life on Betfair.
http://www.google.com
The bookmakers you’ll find on the High Street (or whatever back alley you’ve gotten used to) will all have their specialities; football, foreign games, tournaments and all kinds of sports betting. It is unlikely that you will be able to locate absolutely everything worth betting on in any one bookmaker’s, so if you are the sort of adventurous person looking to spend a little cash on gambles of an odd sort, say reality TV programs or poker tournaments, or even the likelihood of one music album release beating another on the top charts, then you’re really out of luck just wandering around the bookmakers in your city.
So what’s someone looking for an odd gamble to do? The best place to look for strange sorts of bets is definitely online. While avoiding the ‘Vegas Vacation’ scenario that finds Chevy Chase spending the last of his cash in a suspicious casino with games like ‘what number am I thinking of’ is always a good idea, online gaming can be very secure and easy to set yourself up with.
The New ‘Old’ Game
Online betting has exploded over the last few years as not only do more and more households have access to the internet, but the medium has become a way for any sort of person to access virtually any service and even move money around without visiting the bank or swiping their credit card. All things financial are available to be done online now and wagering your hard earned pounds on a wee wager or two is right up there on that list. Online betting offers some great deals and opportunities to expand the usual betting pool outside of sports or finance and that is a huge draw.
Aside from finding the unusual betting pools online, you can also cash in on sign up bonuses from different online betting sites. Often simply by signing up and registering your details to a betting website, you will be rewarded with a certain amount of money to bet as you please as a trial of the site. You may be able to use a free bet on a specific event or sport. Some online betting websites will even offer the option of signing up for something of a weekly draw, such as a free weekly bingo card that could win you some unexpected cash regardless of your gambling record with the site. The offers are numerous and checking some of the free online betting deals listed in this directory can get you going quickly and easily.
New and Unusual Themes
Anything is out there now when it comes to betting – you could bet on the time of birth for a new giraffe at the zoo, which players will get yellow-carded at the game, or even just the usual which team will beat the other. It’s all up to you to be creative with your online betting, and to take advantage of all the perks of gambling via the internet instead of making the usual trip to the bookmaker’s. And for the agoraphobics gamblers, this is the only way to go!
http://www.google.com
This is one of the most eventful starts to a football season in years which makes predictions that much more volatile in the sports betting market. Look around for a selection of free bets offered by a website and pick a value of the free bets that your happy with and doesn’t stretch you financially.
There’s a couple of ways at looking at the strategy for making the most of football free bets, that is that you can go for broke with one bookmaker and take up their offer of a large value in free bets, say 200 pounds. The caution here is that you’re committing your budget to one bookie and so narrowing yourself to their odds. They’re bound to offer the range of sports betting options that you would expect but you really need as many options to choose from to get maximum return from your online betting strategy.
The better way to approach it with an example budget of 200 pounds would be to break it up into smaller free bets with a number of sports bookmakers. This obviously gives you the option to hop between the bookies is one is offering better odds than the other. Your football free bets can be taken advantage of with each bookmaker by opening your account with say a deposit of 25 GBP and if you did this to a budget of 200 quid you naturally have eight different bookmakers that you have accounts with and can monitor for the odds they offer for any particular outcome on a match.
Because you’ve taken advantage of the football free bets, you have now doubled your budget and actually doubled it. All you’ve done is deposit with the bookies and they have matched it before you’ve even made a stake! Not bad for doing nothing – yet.
It’s precisely the type of event like Jose Mourinho leaving Chelsea that starts to give the season a bit more spice. Nobody saw it coming for certain and when it did, it puts one of the favourites for the premiership title much lower down in the bookmakers eyes.
This together with, say Rooneys’ injury, all starts to rock the football betting world because things have been shifted from the norm. This also brings the volatility to the market and this benefits you if you like to bet in a less stable environment. It’s not quite the case but more games get closer to an “anything can happen” state which in turn can improve your odds.
So the spread of your football free bets is a good idea to give you more choice and opportunity to place your football bets on a number of outcomes and also to give you the best chance of getting the best betting odds.
Don’t forget though that the sports betting world, when it comes to football, offers betting on far more than just the outcome of a match. You can place bets on who will be the next manager of a team, highest scorer in a match, fastest goal scored in a season and so on but you can always use the free bets towards these punts as they form part of your online betting fund.
http://www.google.com
Financial spreadbet may sound complicated, but the truth is, it is easier to understand than many believe. Here are some point guides that you should follow when entering financial spread betting. These will allow you to fully understand the spread betting market. More than that, these can also be applied to currency trading…
1. Practice makes perfect – Just like any other business, it is essential that you try and test every strategy or practice on a “demo” account so as to fully understand the inner workings of financial spread bet. Until you master spread betting, you can go and bet on real money.
2. Start low and slow – When opening a financial spread bet account, set up first an account with a minimum of $1,000. This will evade you from making staggering losses and keep your betting size to small faction. Play the market slow and you can start at UK FTSE. The blue chip stocks are even better as they are more liquid. For a beginner, stock market and forex is generally too volatile.
3. Increase profits – Know when to bet. The market can move sharply either up or down so you need to analyze and study the market by keeping track of the trends. You can also purchase software to predict the financial spread bet market.
4. Avoid averaging down – Never increase your position once the market moves against you. However, if you are up, you can make the wise move of increasing your position.
5. When making financial spreadbet , use firms that provide firm quotes – Employ proper regulate firms. Know that there are lots of unscrupulous people out there that want to take advantage of you and take your money.
So, watch out! Know these important guide points and you are way to a successful spread betting venture. These tips are just few of the many thus you need to fully understand everything that is involved in spread betting to make the most profit from it.
http://www.google.com
The days of squirreling money away under mattresses have long since been consigned to the history books. For centuries now, banks have acted under licence from governments to provide a number of financial services, both to businesses and the general public alike.
Even in recent years though there may still have been a mild undercurrent of mistrust relating to banks among the older generation, due perhaps to a misguided notion about what the bank would be doing with their hard-earned money.
However, with advances in technology and the tightening of financial regulations it’s probably safe to say that this attitude is gradually becoming a thing of the past and most people would acknowledge that, for the most part, banks are safe as houses.
Ease of access has probably had a lot to do with this shifting attitude too. With the global introduction of ATM machines over the past few decades, people can now access their money 24 hours a day and no longer have to queue in their lunch hour or wait over the weekend if they run short of cash.
Moreover, with the advent of the internet era banking has become more transparent than ever. Online banking has revolutionised the way people manage their personal finances and they can now view statements, transfer money and pay bills all from the comfort of their own living room.
Indeed, at a time when the global economy is suffering somewhat of a downturn, many people may feel that the best way to protect themselves is to spread their finances around various different banking institutions, so that they don’t lose all their money in the event of one of the banks going bankrupt. But this may not be necessary.
Government-sanctioned bodies such as the Financial Services Authority (FSA) and the Financial Ombudsman Service (FOS) exist to ensure fair and even-handed financial services are provided to businesses and the general public, and to regulate bodies who accept monetary deposits. Essentially, this means that all banks have a higher authority to answer to and helps to provide additional protection for savers and investors.
But for those who are still concerned about the short and long term safety of their savings, there is nothing more reassuring than a full and unconditional deposit guarantee which means that, whatever happens, their money is safe. Countless financial institutions now provide a deposit guarantee which means that safe savings are a reality now for most people. And this can only be good news for those worried about how the economic downturn might affect them.
http://www.google.com
Many have seen the inverse relationship between Gold and the US Dollar and this is not a surprise when gold is priced in Dollars.
Is there more to the relationship than that? And what happens to gold and other precious metals during a recession?
From January 2000 to February 2008, the US Dollar Index fell 30% while the Commodity Precious Metals Price Index rose 250%. That suggests that a weakening in the performance of the US dollar results in a strengthening in the performance of precious metals, and vice versa. That substantiates the findings of a 2006 World Gold Council report which identified an inverse relationship between the US dollar and the price of gold
Assuming everything else is equal, then theoretically, the nominal price of precious metals will adjust to a weakening dollar in order to reflect their ‘real’ intrinsic value.
However, it is also plausible to assume that a weakening in the Dollar, coupled with an increase in global income, especially from emerging market economies, may have contributed to a boost in demand for precious metals at some point during this cycle.
Anthony Grech, IG Index, in his 2008 ‘Precious Metals’ Report explained that “the dollar generally finds support, and consequently appreciates, during recessions. This occurs because the market is forward looking and immediately starts to factor in an economic recovery”.
Assuming that the inverse relationship between gold and the US dollar holds, a US recession is likely to support the US dollar and this is likely to push the price of precious metals lower.
There is an inverse relationship between the US dollar and the price of silver, platinum and palladium, especially during US recessions.
However, this relationship does not hold for the price of gold. During recessionary periods the price of gold and US dollar tend to rise together.
This suggests that gold is not only a long-term hedge against inflation and a short-term ‘hedge against crises’ but unlike silver, platinum and palladium, a recessionary hedge.
In the long term, however, the findings of the World Gold Council are justified as there is a visible inverse trend between the price of gold and the US Dollar Index.
NB. Financial spread betting carries a high level of risk and may not be suitable for all classes of investor. Only trade with money that you can afford to lose. Make sure you fully understand the risks involved. If necessary, seek independent financial advice.
http://www.google.com
Web sites such as Betfair and Betdaq now enable us to lay bets against horses, as well as backing them to win in the conventional way. The betting exchanges have totally revolutionised the betting industry.
The pioneer in exchange betting is Betfair and today it operates the most popular betting exchange website.
Essentially, Betfair brings together individual punters with opposing views, and cuts out the traditional bookmaker. All bets on Betfair have been placed there by users who either want to have a bet in the normal way (backing), or offer odds to other punters (laying).
Bets are matched between people with opposing views.
When you “back” a selection (be it an individual, a team, horse, dog or other), you are betting that it will win. This is just like betting with conventional bookies.
When you “lay” it, you are betting against it winning. For example, if you’re betting in a market on which team is going to win the Premiership and you lay Man Utd, you offer odds to other punters who wish to back Man Utd. If Man Utd do not win, then you pick up the backer’s stake. If Manchester United wins the game, then you must pay out. This is what bookmakers traditionally do.
Listed below are ten compelling reasons to join the revolution and bet on the exchanges:
Better odds: when you place a bet on a betting exchange you do away with the bookmaker, who has traditionally acted as the middle man. As with any other middle man the bookmaker takes his cut. He will always attempt to construct his book and manipulate prices downwards such that whatever the outcome he will make a profit. By taking the bookie out of the equation you can generally get odds on Betfair 20% higher, which means more profit.
Lay as well as back: in the past you would only win your bet if your selected horse won its race. Betfair also allows you to act as bookmaker and lay a bet that a horse will NOT win the race. If your selection doesnt win, then you collect!
Trading for guaranteed profits: on the betting exchanges you can take advantage of movements in the price of a horse to secure guaranteed profits much like trading the financial markets. Profit whatever the outcome of a race? Impossible you might think&. I will give you an example to demonstrate:
Lets imagine you have a horse priced at 3/1 in a race. You think the price of this horse will shorten because it is well fancied. You back the horse to win with a wager of £100.
The price of the horse falls to 2/1 just before the race starts as lots of punters also back the horse. You then lay the horse for £134.
Now, lets examine how you will make a profit. There are only two outcomes for your horse it will either win the race, or it will not win the race.
If it wins, you will win £300 (£100 @ 3/1). However, you will have to pay out on your lay bet you will pay out £268 (£134 @ 2/1). Your profit is £300 less £268 equals £32
If your horse loses, you will win your lay bet and collect £134. However, you will lose your £100 win stake, and be left with £34 profit.
And so, by laying a horse at a low price, having already backed it at a higher price, you can ensure you will walk away with a profit, before the stalls have even opened!
This process can also be done in reverse, in other words you can lay a bet on a horse to lose, then when its price drifts you can back it to lock in the profit.
Name your price: before the appearance of betting exchanges, when placing a bet on a horse you would have to take the price offered by the bookmaker. If the odds offered on a horse were 2/1 and you said you wanted 3/1 you would be laughed out of the shop. Not so with Betfair. If you want to back the horse at 3/1 then you can post this request on the web site, and if someone else wants to lay that bet then your bet will be matched.
Bet in running: Betfair allows you to continue betting on an event, even after it has started. This capability brings with it a whole new betting experience, but its not for the faint hearted. As you might expect, the betting market for a horse race can change dramatically and extremely quickly, as horses jostle for position in a 5 furlong sprint which is over in less than a minute! Pitting your judgment and opinions against other punters as the race unfolds is very exciting, but equally risky. However, it is an experience that the traditional bookmaker simply cannot hope to match.
Never have your account closed: we have all seen the photocopied letters from bookmakers giving notice of closed accounts. The truth is, when you consistently make a profit from betting, then your business becomes a liability for a bookmaker. He is only happy to take your bets if over time he is taking more money from you, than he is giving back. When it happens the other way around, which is what all punters are striving for, then the bookmaker will invariably pull the proverbial rug from underneath you. By contrast, Betfair will never close your account. They charge a commission based upon your winnings, so in fact as long as you are winning, then they are making money too.
Unlimited stakes: I can remember plenty of times when I have received word about a horse and visited my local bookmaker to place a bet. When I asked to have £500 on the nag at 12/1 the assistant serving me would scamper into the office to ask the manager, then come back to say I was allowed only £20 @ 12/1 but the rest would have to be at the Starting Price (which as we all know is controlled by the bookmakers). This does not happen on the exchanges. If you post a request to back your horse for £500 at 12/1 and someone else is willing to lay the bet at that price (or it could be a number of people whose total stake matches yours) then you will strike your bet.
All of your betting bank in one place: most of us have at some point opened accounts with more than one bookmaker. We do this so that we can take advantage of whoever is offering the best price on a particular horse. However, by spreading our betting bank across a number of accounts, we are diluting our money we may want to back a horse for £100 but find we only have £50 placed with the bookmaker offering the best price. Sure, we can move funds between accounts, but it all amounts to an inconvenience. Having all your funds with one betting exchange means you can have all your funds available to bet, and all your money can be made to work for you.
Wide range of sports: betting on the exchanges is not restricted to horse racing. Just as with the bookmakers, you can bet on a variety of sports, and quite a few other markets besides. Take a look on Betfair today and you may well be able to wager on sports such as Australian Rules football, pelota(?) and ice hockey. But you can also bet on the financial markets, politics, and even the contestants in game shows such as Big Brother.
Place your bets 24 hours a day: how many occasions have you been reading the Sporting Life at 8:00am at the breakfast table, and read about the Pricewise bet of the day? You obviously cannot bet at the local bookmakers because their shop doesnt open til 10 oclock. But you think, hey, Ill place a bet on-line you go to their web site and they havent priced the race up yet! With Betfair you can bet when you want. You can take advantage of early prices before everyone else starts betting on the same horse and the price collapses. You can post all your bets before you go to work, taking the odds available, or naming your price.
http://www.google.com
People all over the world love to bet on sports. Since you’re reading this, you’re probably part of that majority. While some do it just for recreation or to make watching a TV game more exciting, there are others who will always wager on their favorite team or player, period. However, there is an elite third group out there who bet sports with one and only one purpose in mind…to make money. Whichever group you fall into, sports wagering must be treated the same as any other financial investment. To be done properly (and profitably), here are some very crucial rules one must follow.
Rule #1 – Use Proper Money Management – This rule is the one that is most neglected and explains why Vegas keeps on building all of those multi-billion dollar casinos. Never wager more than you can afford to lose, so be honest with yourself on what you can comfortably set aside for recreation or otherwise. Secondly, never wager more than 2% of your total bankroll on any single wager. If you set aside $1,000 for gambling, your individual bets should be in the $20 range and no more. If you’re winning, the 2% per wager automatically increases as your bankroll increases. Conversely, if you’re on a losing streak and the bankroll goes down, the size of your bets will decrease accordingly. Unexplainably, wins and losses often times run in streaks, so slowly increase your bets on a hot streak and back off on cold streaks. Stick with 2% and never double up and chase lost money.
Rule #2 – Never Gamble Under the Influence – To coin a phrase, “Speak when you’re drunk and you’ll probably make the biggest speech you’ll ever live to regret.” The same sensible theory applies to betting on sports. Drugs (legal or otherwise) and alcohol can cloud your judgment and will lead you into making decisions that you normally wouldn’t make. To be successful at anything, your mind needs to be 100% clear and functional. If you’re on medication, drugs, or alcohol, or if you’re just in an upset or disturbed mood, be smart and don’t play until you’re back to 100%.
Rule #3 – Spend Some Time Shopping – This can be compared to shopping for a new car or even for groceries. Always look for the best prices or the best numbers. The payoff odds and point spreads are not carved in stone throughout the industry, and on any given day, they can vary greatly between different shops. Research several sports books thoroughly and compare the numbers. After checking several well-established and solid options, decide on 2 or 3 of them, and then divide and deposit your initial bankroll equally amongst each one. Then, before making your wager(s), check each book and always take the best number on your particular event. Over the course of a year, that ½, 1, or even 2 point difference will come into play many times, and trust me…it will add up to a lot of money.
Rule #4 – DO NOT Play Parlays or Teasers – Parlays, teasers, and other exotic wagers are offered for a reason. Yes, you can bet a 3-team parlay, and if you win, it normally pays in the vicinity of 6 to 1 in football and basketball. If it were really possible for anyone to consistently pick 3 out of 3, parlays (and teasers) wouldn’t be offered by the sports books. Stick to straight action only. If you bet 3 teams straight action and only win 2 of the 3, you’ve just made money. Hook them all together in a parlay and you must win all 3, or you’re sunk. It’s a proposition for losers only, so don’t do it.
Rule #5 – Perform Due Diligence – As a bettor, you normally have the opportunity to do research well in advance of having to make that final decision on a wager. That gives you an automatic advantage over the bookie, so use it to the fullest extent. One of the best ways to win at sports wagering is to maybe find your own special niche and then follow it closely. For example, if you live in California and become an expert on the PAC 10, you can increase your chances of winning by focusing on just your niche.
Rule #6 – Seek a Professional – There is a wealth of valuable information available on the Internet but you have to take the time to do proper and thorough research. Most people just don’t have the time to properly study things like past statistics, line moves, trends, angles, valuable lines, inflated numbers, and much, much more. Watching ESPN and/or reading opinionated articles by sports writers on the Internet is not the proper way to do your homework. If betting on sports is more than just a recreational pastime, or if you just don’t have the time or resources for Rule #5, seriously consider employing the services of a professional sports handicapper. If you’re sick, you go see a doctor. If you’re serious about winning more bets than you lose, you should listen to a professional.
Whether you’re a recreational player or actually doing it solely for a profit, may you always have more winners than losers, and always remember to have a lot of fun along the way, but stick to the rules.
http://www.google.com
They say not many things are certain in this world bar death and taxes. This is generally true and no one group knows it better than private investors and small business owners. Never mind the big institutions, they are able to take care of themselves by hiring expert tax accountants and attorneys to get round the tax laws and minimise tax liability. But for the rest of us, that sort of legal tax avoidance was most likely out of reach.
According to the staff of http://www.spreadbettrader.co.uk, that was then-things have changed.
One way that investors in the UK, Australia and Ireland are getting around onerous this is by trading via a relatively new instrument called financial spread betting.
Simply explained, financial spread betting is a form of trading using a derivative instrument that moves in line with the price movements of an underlying financial instrument, such as stocks and shares.
Viewed in this manner, you can think of a share spread bet as a derivative on an individual share. Like typical derivatives such as options and futures, the price of a financial spread bet is derived from the value of the specific instrument that it mimics. That price is determined by the market based on liquidity and demand-supply conditions.
So what? Why bother with spread betting? See http://www.spreadbettrader.co.uk
Well, remember the title of this article is how to make extra 20-40 per cent on your trading profits. Spread betting has a number of awesome advantages over traditional trading in stocks and shares.
Number 1. In virtually all developed countries, traditional share trading is subject to stamp duty and other costs. In the United Kingdom, stamp duty is 0.5% of the total value of transactions. Using spread bets avoids this cost, adding this gain straight to the bottom-line. That means you can factor in an additional 0.5 percent to gains in the United Kingdom.
Number 2. OK, I know that while 0.5 percent is useful, it is not the kind of money that most traders get out of bed for. A far more useful advantage of spread betting is the fact that under current legislation in places like England, Wales, Ireland and Australia, profits are free of capital gains tax. This is HUGE. Capital gains tax equals 20 to 40 per cent in most jurisdictions. This advantage means that you can factor in an additional 20-40 percent return on your trading profits since you will be saving money that would have otherwise gone to the tax man.
Read more at: http://www.spreadbettrader.co.uk/Spread-Bet-Trader-blog.html
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