Anyone expecting stamp duty to remain unchanged could make an up-bet from 0.35. Brown uses the words 'prudent', 'prudence' and 'imprudent' in his speech and Cantor is quoting 3.0-3.5 for the sips of water he takes. Two of my phantom bets have come a cropper in the market retreat of recent weeks. I closed out my 3 January up-bet on the level of the FTSE 100 index by the end of this year, for an imaginary loss of 915, when the bottom of the spread fell to 6200 a week ago. My opening level had been 6505 and my stake 3 a point.
Profits still outweigh losses.
Chasing the formula for a pay-out Each of the motor racing teams involved in this year's Formula One championship, starting on Sunday with the Australian Grand Prix in Melbourne, has sunk millions of pounds into the development of its cars. Sports gamblers in Britain can obtain a sense of involvement without risking quite so much money. Bookmaker IG Index is quoting spreads on the number of points that each driver will chalk up over the 17-race season. Anyone expecting Montoya to do well could make an up-bet from 23, risking perhaps 5 a point. Financial spread betting can seriously damage your wealth.