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Financial gambling is not reserved for the wealthy

By mr-gambling on 2013-11-11 13:37:45

Gambling.ie covers many forms of online gambling on the site and one of those that is often overlooked is financial gambling. It is a common misunderstanding that gambling on financial markets whether that be the stock markets around the world or the price of gold is reserved for the institutions in the city when in actual fact online gambling providers such as Ladbrokes or Party casino have brought it to everybody in a very simple and easy to play form so that in fact you can gamble on the stock markets just as you would on a slot machine in an online casino. Financial gambling is often seen as a rather long term affair but actually all indexes of stock markets or currencies or commodities are moving all the time and it is that fact that enables you to participate in financial gambling simply and without any real knowledge of the markets. It can be difficult to judge what is going to happen to a currency for example over a month so those who take part in currency gambling over that sort of time frame need to know what they are doing but gambling on currencies or stock markets can be done over as short a period as 2 minutes so although a particular index might rise over a day you can be sure that during that day there will be ups and downs which is where it gets to be fun and where your chances of being right are probably just as great as gambling on black or red on a roulette table. Financial gambling is also not the exclusive domain of wealthy gamblers as you can generally place a bet for as little as €5 and of course you are not actually buying or selling anything, it is simple online gambling so there are no tax considerations. If you like something different then give financial gambling a try.