Erikthered
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Given the massive growth in the overall popularity of spread betting as an investment tool in recent years, alongside the ever higher profile achieved by the general gaming industry, it is perhaps quite surprising that the traditional form of gambling – fixed-odds betting – is not more widely used.
Fixed-odds betting is quick and easy to understand – anyone who has ever placed a bet on the Grand National or on a football match will know how fixed odds work. It is commission-free, losses are limited to the amount that you bet and, under current legislation, the proceeds are tax-free.
However, to date, fixed-odds financial betting has remained a niche area, largely served by internet-based specialist services.
With fixed-odds trading you can control your risk entirely. There is no need to be over-exposed to the market and zero danger of your account being wiped out by a sudden sharp move. There is also much greater flexibility available in fixed-odds trading. Profits can be made in rising, flat and even falling markets, provided that you are correct about the market direction. There is certainly no more need to wait for months on end hoping that the FTSE will gain a measly two per cent.
Fixed-odds betting is quick and easy to understand – anyone who has ever placed a bet on the Grand National or on a football match will know how fixed odds work. It is commission-free, losses are limited to the amount that you bet and, under current legislation, the proceeds are tax-free.
However, to date, fixed-odds financial betting has remained a niche area, largely served by internet-based specialist services.
With fixed-odds trading you can control your risk entirely. There is no need to be over-exposed to the market and zero danger of your account being wiped out by a sudden sharp move. There is also much greater flexibility available in fixed-odds trading. Profits can be made in rising, flat and even falling markets, provided that you are correct about the market direction. There is certainly no more need to wait for months on end hoping that the FTSE will gain a measly two per cent.