- Mar 10, 2007
- 25,504
- 50,305
Sorry but can someone explain what this is and how I an make some money out of it? Lol
Whats the minimum investment i can make then?
For this market the minimum stake is 10p a point. That applies to most markets but for some volatile ones you can trade as low as 5p a point.
Thanks for quick reply.
I have read with interest for a couple of weeks.
Now looking at the current table would Newcastle be a good investment? Looking long term Pardew will inevitably be sacked and they may benefit from a new manager plus the new players bedding in a bit more.
However bad Newcastle are 39.5-41 looks low to me.
Would be interested on your thoughts.
An awful lot depends on whether you are willing to gamble on unknowns.
On the face of it it does seem a low spread price. So far Newcastle have lost 0-2 to Man City (which is to be expected), drawn 0-0 at Villa (not a terrible away result against one of the premiership's in form teams), drawn 3-3 at home to Palace (in a match they dominated) and got tonked 0-4 at Southampton (another in form team). Overall i'd say they have got about about 2 to 2.5 pts less than expectation but have dropped 5.5 pts in the spreads. This looks like an overreaction of about 3.25 pts. They are only likely to lose Check Tiote and Papiss Cisse to the ACN and they've only played one match between them so far anyway so that doesn't look a major factor.
A lot of questions remain though. Will Pardew get sacked? If he does who will replace him? Will the new manager get money to spend in January?
The best case scenario is if they sack Pardew and appoint Tony Pulis. I can only see that happening if they promise him substantial transfer funds. Not that Pulis has a great record in buying players but his organisational skills are unquestionable and from what he achieved with Palace last year (taking them from the worst performing team against expectation to by far the best) the spread price will almost certainly rise if he does become the new manager.
The trouble is that this is by no means guaranteed. There are strong rumours that Mike Ashley is looking to sell the club and if true he may not be willing to invest the sort of money that would attract Pulis. Also the likelihood of Pulis replacing Pardew will already be factored in to the price. Spread bettors aren't stupid and some people will have inside information. There is an old stock market saw that goes "Buy on the rumour, sell on the news". That's good advice in the stock market but not so good in football because the rumours so often turn out to be wrong. In football i'd wait for the news to be confirmed.
The other factor is that if they do appoint Pulis the spread markets won't be as volatile as the stock market or even the bookies. I'd be surprised if Newcastle went up more than 3 pts in the spreads on Pulis's appointment. When West Ham signed Tevez and Mascherano their spread price only went up 1 pt and it took 3 days for that to happen. When Man Utd signed Falcao the spread actually fell 0.5 pts .
My advice would be to wait and see. If Newcastle sign Pulis then by all means pile in (i'll probably join you ) but in my 10 years of spread betting the best advice I can give is that chasing the best price at the expense of gaining information is one of the worst mistakes you can make.
Thanks, like i said im new to spread betting and will no means dive in. I am in the 'interested' stage and will monitor it for a while before making any kind of investment.
Saying that i am very tempted to take the £100 credit with a new account and sticking it on Diego Costa for golden boot!
I don't see any teams that are a good investment there as the spreads look pretty accurate to me.
Missed the boat on Southampton and Leicester it seems.
West Ham looks tasty. Not by much mind.I don't see any teams that are a good investment there as the spreads look pretty accurate to me.
Missed the boat on Southampton and Leicester it seems.
West Ham looks tasty. Not by much mind.
Fatpiranha,
If you didnt mind of course, i would quite like you to post the bets you make as i like your view and judgement of the markets.
Obviously no need to post the stake but possibly a point system instead?