There are over 60,000 account holders, with the platform having dominated the spread betting industry in the UK since 1999. Spreadexis the main site for financial spread betting in the UK, and allows you to bet on indices, shares, FX and commodities, as well as sports. Best Financial Betting Sites Financial Betting Site #1 – Spreadex CFDs (contracts for differences) are a more complex type of investment, though with some creativity, they could also be lumped under financial betting.įollowing our recommendation of which bookies to use, we discuss the ins and outs of financial betting, including a discussion of each type of financial wager in detail.Here, your payout depends on how well your stock performs. A more complex form is spread betting.The clearest form of financial betting is fixed odds betting, which is a simple bet, like any other at a bookie.You are not purchasing the stock, but betting on odds offered by a bookie. If the market behaves as well or as poorly as you have predicted, you will have won your bet.Įssentially, you are betting whether a stock will go up or down, or what level it will be at, at a given point in time. This does not involve investing you are placing a bet, just as you would on the outcome of any sporting event. Financial betting is betting on how stocks, commodities, rates, or other financial markets will behave.
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