Evening Boys,I will try to answer your questions as best I can,if you can bear with me as I only play a few of the markets and my knowledge of spread betting is very basic.
Gettin asks which spread bet firm I would recommend,I have only one account and that is with
www.sportingindex.com. They have settled bets promptly and the website is always running and prices updated regularly so no problems there so far,they also have a play for fun page on their website to help you understand the different types of markets and to help you understand the index.
The are many examples I can give but lets look at my bets today
Player goal minutes (a total of the minutes in a game a player scores in a match)
David Nugent Buy@18 he failed to score and therefore he amassed no minutes.
I lost 18 times my stake
Bobby Zamora Buy@18 he scored in the 57th minute result I win the difference between 57 total number of goal minutes and 18 the index minutes 57 minus 18 = 39
so I won 39 times my stake.
I cannot highlight the importance of understanding the index,I have a stop/loss account it help me regulate losses,some markets are very violatile and you can accumalate heavy losses,so it would be an idea to looking into opening this type of account.
When placing a bet check the worst possible senario,the more wrong you are the more your losses accumalate.