Irish online gambling from casino to sport

Financial gambling can be very exciting

By mr-gambling on 2011-09-03 10:17:08

The volatility in the world stock markets in recent times might scare off many gamblers but in fact it is exactly that volatility that could make financial gambling very rewarding. Financial gambling especially in the form of spread betting depends on some index or price moving and the more it moves the more you can win or of course lose although there are mechanisms in place called stop loss that can prevent you losing more than you can afford. The world of financial gambling is not something that we can go into too deeply in this short article but we do have pages here at gambling.ie which explain the two main forms of financial gambling which are fixed odds gambling and spread betting but in simple terms fixed odds gambling is done by  taking a bet at the odds supplied that a certain index or price will reach a certain point within a given time frame; the point can be up or down from the current price and the time frame can be as short as 2 minutes. Some knowledge of the financial markets may be necessary to predict movements over the longer term but we suspect that  gambling on a movement within two minutes is more about pure gambling. In spread betting you are gambling on the movement of a price or index but in this case your bet is placed as so much per point and although there is normally no specific time limit placed most bets are closed out within the same day. The advantage of gambling by way of spread betting is that you only need a fraction of the outlay you would normally require if you were to actually buy the stock. The other advantage of gambling on spread betting is that you can close your bet at any time so if you have gambled on a certain index rising and it does but you are worried that it might fall again you simply close your position and take your profit. Financial gambling can be found at Ladbrokes, Party Gaming and Bet365; give it a go and see what happens, it be just as exciting as watching the roulette wheel.