Successful Spread Gamblers – How to Achieve That?
Everyone wants to know how to become one of the most successful in spread betting, but is there one?
It’s difficult to say because your performance in the Aussie spread betting markets is dependent on so many worldwide economic factors.
This article will teach you everything you need to know about spread betting in Australia.
What is Spread Betting?
Being a gambler does not mean you know everything about space betting and how it works. You might be one of those people who want to know more about this great gambling tactic.
The truth is that the entire event may be classified as a trade rather than gambling. Spread betting was first introduced in 1974, but we can’t claim it was ever particularly popular.
Is trade, however, a form of gambling? Many individuals would argue that it has nothing to do with gambling, and that luck plays no role in winning.
What is the Spread?
The spread is simply an actual difference between the selling and buying prices of a particular asset. However, all the trades base on the principle that you buy at a high than the market price. And be able to sell it at a low price.
What is bet Size?
The bet size is, as you might expect, the amount of money you want to bet per market unit fluctuation. You have complete freedom in selecting your bet size, but keep in mind that there is a minimum requirement.
Your profit and losses are calculated using the price difference between when you placed a bet and when you closed it. Multiplied by the bet value. It all relies on the market’s liquidity and volatility.
A penny, pound, or hundreds of them could be shown by a point up or down. When you choose markets on the deal ticket, you’ll see what points imply in that specific scenario.