So, what is spread betting?

Anyone curious as to what spread-betting is? Well, I was, so I looked it up on Google and came across Spread Bet Guide which explains what it’s all about. Spread betting is all about gambling on whether the price of a share will go up or down. Well, you could call it gambling, though it’s really based on whether you think the value of a company share will rise or fall. You basically pick a price, say £10 per point means you’re betting £10 for every penny change in the price of the share. You can bet whether the price goes up or down and that’s it. Your winnings depend on how far up or down your share goes. There’s actually a few example here. If this is the sort of thing that floats your boat, check it out

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