11 July 2016 Posted By : Special to The Canadian

Where Spread Betting will be One Year From now

Spread betting is a type of speculation that couples betting for a price movement of a certain security. The company that is involved in the spread betting gives two prices normally known as the bid price and the price on offer. The difference between the two is what is referred to as the spread. Investors go ahead and place bets on whether the prices of the underlying stock will go down, or the bid price will be higher than the price offered.

The Present State of Spread Betting

Due to the evolution of modern technology, spread betting has been greatly promoted. Many private investors use this medium as a way of making profits. This is a fast moving business which attracts lots of players. The spread betting market is deemed to be stable, and this is a good indicator for future growth. The future of spread betting looks bright and very promising as many people discover the uniqueness has that this kind of betting has.

The Future of Spread Betting One Year From Now

Spread betting has been expanding over the world since 2002 although it was trading under a different name known as Contract for Difference. Spread betting has continued since then to grow with a 0.99 rate. This has been so for the last three deceased since its invention. Many indicators point to the positive growth of the spread betting. One such is the exponential growth in many betting companies. This is a good sign of a better growth compared to the small number of spread betting companies that existed before.

Another indicator that points to a bright future of spread betting is the better offers that betting companies offer as compared to before. This has been inspired by the success of the pioneers who inspired and had continued to inspire many others. There is a throat cutting competition that is evident from the spread betting companies some offering even tighter deals and exquisite services. This trend is to continue for the next one year. One such company is CMC Markets.

Another factor that points to the bright future of Spread betting is the number of gamblers involved in spread betting. Many gamblers have motivated many people with their lucks, and the number is deemed to continue growing steadily for the next one year. Investors have also been pointed to be willing to take greater risks to compel more gamblers to participate in spread betting.

Technology is another factor that points to where the future of spread betting will be one year from now. As more advanced technological aspects emerge it will have a great impact on spread betting as there will be ease in trading. Cellular apps are innovated each day making people do the betting at the comfort of their homes or wherever they are without having to visit betting rooms and cyber cafes. These innovative products have made spread betting companies take full advantage of the technology, and as competition builds up, those brokers who have poor packages will soon be squeezed out of the market and pave the way for those well equipped with the latest technologies.

Many betting gains are tax-free in most companies like the United Kingdom. This is another factor that will see the growth of spread betting increased in the next one year as the participants are not worried about the heavy taxes imposed on other earning. Spread betting gains are exempted from taxation.

There are many emerging markets that are coming up in other areas of the world such as in Australia and the Middle East. These regions have appreciated the profits that accompany spread betting products. It is expected that one year from now these areas will be fully engaged in the spread betting.

As of now many spread betting clients are male. Spread betting companies have realized the need to incorporate even women in this market and hence innovation of female designed products suitable for women betting. The market targets more women; the future looks even brighter.

In simple terms, no one can deny the fact that the future of spread betting is progressing in the right direction and one year from now it will be even better with more returns.

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