Ladbrokes Financial Betting
Bet on Horse Racing, AFL, NRL & Sports with Ladbrokes. 60 Second Quick & Easy Signup. Secured using 2048 bit encryption. Login Join Betslip 0. Thu 4 Mar - 5:42 pm AEST. Racing All Racing. Looking at a spread betting site like Selftrade Markets, you can see they are offering the Ladbrokes Rolling Daily market at 178.9p - 179.7p. This means an investor could spread bet on the Ladbrokes share price: Rising above 179.7p, or Falling below 178.9p Whilst financial spread trading on UK shares you trade in. Ladbrokes is perhaps the world’s most trusted gambling site. Available in 23 languages and 16 currencies, it offers sports betting, horse racing, financial betting, poker, bingo, and casino from a single login and centralized player bank. Their parent company has. Financial betting is gambling and the Forex market is investing. You can argue the extremes of both to say that Forex is gambling and your financial betting is an investment, but that wouldn’t be the majority of the time. The more you learn about financial betting, the more you’ll see the parallels it. Interim Results for half year ended 30 June 2017.
For many, the name Ladbrokes is synonymous with betting. With thousands of betting shops across the UK, Ladbrokes is a common sight in the High Street, and so is probably familiar for many looking into spread betting, even though Ladbrokes’ operation does not include financial spreads but simply binary bets at the moment.
The daily price chart above shows quite a bit of variation, which is useful if you are trading on the shares, as long as you use an effective trading strategy.
Ladbrokes is known as a “gaming company”, and is London-based. It was founded as long ago as 1886 in Worcestershire, being named after a horse training property there, but moved to London in 1902. During the first decades, it operated as an exclusive bookmaking company catering for the aristocracy and upper classes. After the Second World War the company was in decline due to the general austerity. However, in the 50s the company was bought by Mark Stein, and with subsequent favourable legislation went on to establish a chain of betting shops.
The company was floated on the Stock Exchange in 1966, and has tried other types of business since then. It bought Texas Homecare in 1986, but sold that off in 1995. It acquired the Stakis Hotel chain in 1999, taking the name Hilton Group, but sold that in 2005. Its main new avenues of expansion are involved with the Internet, with online gambling websites including poker, casino, and other games.
Ladbrokes has been generally on the rise in recent years, although it is well below the pre-global crisis stock price levels, which were in the 300s. The up and down volatility of the stock price would seem to offer plenty of opportunities for spread betting, and the Bollinger Bands in conjunction with the MACD have shown reasonable predictive qualities.
Ladbrokes Rolling Daily: How to Spread Bet on Ladbrokes Shares?
It sounds strange to be betting on a betting shop, but Ladbrokes looks like a reasonable choice for spread betting, with volatility and opportunities for long and short positions. The current rolling daily price is 194.01 – 194.99. If you want to bet on the price going up, you could take out a long bet for £5 per point, and this would be placed at the buying price 194.99.
To see how this works, assume the price goes up as you hoped and that you are able to close your trade and collect your winnings when the quote is up to 232.62 – 233.60. With a long trade, the bet closes on the lower or selling price, this time 232.62. That means you have gained 232.62 minus 194.99 points, or 37.63 points. You decided to stake £5 per point, so your gain is 37.63 times £5, which is £188.15. With the daily rolling bet, you may have seen some slight adjustment to your account in the evening when the bet was rolled over, but you stand to gain most of this money.
For a losing example, assume the price went down to 168.92 – 169.90, and you closed the losing bet to prevent any further loss. The starting price was 194.99, as before, and the closing price was 168.92. That means you lost 26.07 points, and that works out to a loss of £130.35. Again your account may have been hit a little more because of the rollover charges.
Finally, you might consider using a stop loss order to save you feeling the need to check on the price all the time. With a stop loss order requiring your spread betting provider to close a losing bet at a certain level, you could have got out of this trade for example when the quote was 175.21 – 176.19. That means your starting price was 194.99 and your closing price 175.21 for a difference of 19.78 points, which would cost you £98.90.
Ladbrokes Quarterly Futures Style Bet
The current price for the far quarter spread bet on Ladbrokes is 194.32 – 196.66. Thinking there might be a bearish time coming, you decide to place a short or sell bet at 194.32 for £15 per point. Over the next few months, perhaps the price will fall as you expect, and you will be able to close your bet when the quote is 171.65 – 173.54.
To work out how much you have won, you simply have to calculate the difference in points and multiply by your stake.
- You opened your bet at 194.32
- You closed your bet at 173.54
- Therefore you made 194.32 minus 173.54 points
- This works out to 20.78 points
- Your stake was £15 per point
- Therefore this bet would win £311.70.
On the other hand, if the price went up after you placed your bet you might have to close for a loss. Say it went up to a level of 209.31 – 211.45.
- You opened your bet at 194.32
- You closed your bet at 211.45
- Therefore you lost 211.45 less 194.32
- This works out to 17.13 points
- Your stake was £15 per point
- Therefore this bet would lose £256.95.
It is important to note that, even with a futures style bet, you are not committed to hold onto the bet if you need to close it because it is losing. And if you do not want to be bothered with checking the prices every day, you might want to place a stop loss order to take you out of a losing situation. Perhaps a stop loss would close your trade for you when the price went up to 204.06 – 206.10.
- You opened your bet at 194.32
- Your spread betting provider closed your bet at 206.10
- Therefore you lost 206.10 less 194.32
- This works out to 11.78 points
- Your stake was £15 per point
- Therefore this bet would lose £176.70.
Ladbrokes is attempting to make speculating on financial markets as easy as backing a horse in the 3.45 at Kempton with the help of City bookmaker Cantor.
Ladbrokes Betting F1
The two have joined forces to offer fixed odds betting on financial markets, overcoming the major disadvantage with spread betting - the risk that unlucky punters stand to lose many times their original stake if their bets go wrong.
Starting off with bets on whether the FTSE 100 and America's Dow Jones Index will either rise or fall over five minutes, an hour and a day, the two plan to add bets on a range of other indices and individual shares over the coming months.
The ability to speculate with only the risk of losing your original stake has already proved hugely popular - on the first day the company took more than £100,000 of bets.
The average stake was £54, although one punter staked £6,000 on the FTSE 100 falling during a five-minute period on Monday. He won £600.
There are currently two types of bets on offer. With moving odds betting punters can bet on whether the market will finish above or below a set level. The odds change as the market moves up or down.
Take one of the five-minute bets. If the FTSE stands at 5,000 at noon Ladbrokes will offer six different bets. You can back the FTSE to finish at above 5,000 at 12.05 or below 5,000 at 12.05. You can also back the FTSE 100 to finish at above 5001 or below 5001 at 12.05pm and to finish above 4,999 at 12.05pm or below 4,999 at 12.05pm. The odds change depending on how the market moves over the five minutes. A punter is able to bet at any time up until 12.04pm, when betting is suspended.
With static odds, the odds over the five minutes do not change but the level of the FTSE you are betting on moves.
For example, take the above situation at 12.00. At the start of the five minutes odds of 5/6 are offered on the FTSE finishing above 5,000 and below 5,000. Those odds are fixed. However, if the FTSE stands at 5,001 at 12.01PM then you will be offered odds of 5/6 on the FTSE finishing above 5001 at 12.05. It will also be 5/6 against the FTSE finishing below.
A number of other bets are also offered where the level of the FTSE you are betting on moves but the odds remain fixed. For example, at noon you could take odds of 5/1 on the FTSE finishing above 5001 at 12.05pm.
Naturally, the odds are fixed in the bookie's favour, but the margin is reasonably generous. The odds have been set so that Ladbrokes should take in 9pc more in bets than it pays out. For comparison, on the average horse race the bookmaker will typically take 18pc more in bets than it will pay out.
Betting on the FTSE is open between 8am and 4.30pm while the Dow market allows punters to bet between 2.30pm and 9pm. It is maddeningly addictive and the two companies have teamed up because while Ladbrokes has access to a mass market clientele, it lacks the City experience of Cantor.
Ladbrokes Football
Still, could the company end up getting burned? The bets on offer look like the sort thing that would enable City traders to make hay.
Cantor's head of business development Dominic Crosthwaite says: 'Some people will be able to find instances where our prices are wrong and take advantage. Of course if you are shrewd and know the market well you will be able to make money, but that is the same in any betting market.'
David Briggs (07855 275516), commercial director at Ladbrokes, said: 'We trialled this with a group of analysts and pension fund managers. They got it pretty quickly but they weren't as successful as you might think. We hope long term that it will appeal to both City punters and to regular Ladbrokes clients who have never seen a Bloomberg screen or bought a share in their lives'
So did Ladbrokes and Cantor make much money on the first day the bets went live? Briggs goes all coy: 'We won a smidgeon,' he says. 'Enough for a return fare between us and Cantor.'
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