Thanks, I thought that. I'm not a frequent bettor but do have a little credit with you which I've used maybe once. Recently I fancied a bit on TTR.L but your min was way too hot. IG took the £10 I wanted. Fair enough though if you dont want business like mine.
Just for example I could quote an identical equity future on IG and Spreadex just now where there is a 15p price difference between the future prices in a far quarter. This is because one company is costing an expected dividend into the price and the other is not.
Does this all work itself out...
I'm holding a March07 spread bet on Betcorp BCL.L (Dual traded on ASX as BCL.AX). Basically
(subject to approval at an EGM) they are selling everything, delisting from both exchanges and subsequently returning all assets to the shareholders. What happens to my spread bet?
Who else makes 5-min markets?
I'm not aware of anyone other than Ladbrokes offering 5min index bets. I believe they developed the platform with Cantor so presumably they too could offer them if they decided to.
what's the maths behind 14% o/r equating to 12.3% theoretical hold?
(14 / 114) * 100
BlueSq(107% o/r) and Paddy Power (109% o/r) also offer fixed odds on daily financial indices.
13-15% is a typical overround for Ladbrokes 5-minute FTSE bets, (a 14% overround in probability equates to a 12.3% theoretical hold by the bookmaker)