As you are probably aware the indices can swing quite wildly some days while on others they hardly move at all. Some days they can begin on a positive note, and then turn negative and others it is completely the reverse. All this to say that this can be a high risk betting situation. Some of the web sites will want you to multiply your bet per point times a deposit factor. This is to ensure that they are covered, should your bet not turn out the way you expect and you find that instead of going up the market has declined and you owe a large amount of money.

Although the risks are high you can make a lot of money if you can take advantage of the swings in the market indices. For example if the market increases 100 points and you had bet 4 £'s per point then you stand to make 400 £'s profit!

This profit is currently tax free since you are betting on the stock market and currently these are tax free earnings. Please recognize that the laws can change and you should really check with an expert to confirm the current tax status of this type of bet. Also you should review all of the guidelines on the site that you have your account to ensure that you fully understand all of the guidelines and rules that the site may have. This includes any commissions, interest charges and deposit factors that the web site may have in place.

Visit our directory to select a spread betting web site and open an account. Read all of the guidelines and begin with some small bets to ensure you fully understand the approach for spread betting. Click on our spread-betting directory now.