Spread betting is financial gambling

In the world of finance most people would consider gambling something to be avoided and yet financial gambling happens every day at every stock exchange in the world the only difference being that they call it trading. People buy stocks and shares and currencies and commodities in the hope of making money either by the price going up or by receiving dividends but either way nobody knows for sure what is going to happen and therefore it is gambling; if you did know for sure what was going to happen they would call it insider trading and you might get locked up. Today financial gambling is available to anyone and not only by buying and selling but also by participating in spread betting which is the most common form of financial gambling and is available at both Ladbrokes and Party Casino. Spread betting is in fact quite simple and is explained fully in our section on spread betting here at gambling.ie but in essence you are betting on the movement of the price of whatever you are trading and the more it moves the more you stand to win or lose. The advantage of spread betting in this way is that you do not need to actually buy or sell whatever you are trading which means that you do not have to have large amounts of cash tied up and because it is considered gambling there is no tax to pay on any profits that you might make. Online financial gambling need not be a long term bet either as you can take positions and close them again within a matter of minutes if you so wish. Financial gambling is not for everyone but there is great fun to be had for a reasonable outlay and there is nothing better than beating the markets.