Betfair Spread Betting
Where Can I Spread Bet on Betfair? |
You are currently able to trade without paying any brokers' fees or commissions on Betfair with any of the following providers:
Advert:
Betfair Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Betfair with
Financial Spreads.
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| Broker Ratings - Sponsored by IG |
The following table takes the last 5 broker ratings/recommendations and gives a quick overview of the average target share price and creates an average broker rating for Betfair:
| 22-May-13 |  | Neutral | Based on last 5 Ratings | 850 | 910 | 7.04% |
A look at the latest Betfair broker ratings:
| 22-May-13 |  | Overweight | Barclays | 850 | 950 | 11.80% | | 14-May-13 | | Buy | Numis Securities | 839 | 1100 | 31.10% | | 08-May-13 | | Neutral | Nomura | 863.5 | 883 | 2.30% | | 07-May-13 | | Buy | Jefferies | 858 | 850 | -0.93% | | 26-Apr-13 | | Neutral | Nomura | 846 | 766 | -9.50% | | 23-Apr-13 | | Neutral | JPMorgan | 850.5 | 850 | -0.10% | | 22-Apr-13 | | Buy | Numis Securities | 819.5 | 1000 | 22.00% | | 16-Apr-13 |  | Underweight | JPMorgan | 780 | 640 | -17.90% | | 07-Mar-13 | | Sell | Investec | 710.5 | 585 | -17.70% | | 18-Feb-13 | | Buy | Numis Securities | 691.5 | 1000 | 44.60% | | 07-Feb-13 | | Overweight | Barclays | 691 | 950 | 37.50% | | 03-Jan-13 | | Sell | Investec | 688 | 585 | -15.00% |
For the latest UK broker ratings see Daily Trading Tips.
The above list of Trading Tips / Broker Ratings is not an exhaustive list of broker recommendations. The above content does not constitute investment advice. All reasonable efforts have been made to present accurate information. Neither CleanFinancial.com nor any contributing company or individual accepts any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.
For the sake of clarity, where a broker reiterates a rating with an identical target price within two weeks of the preceding rating, the older identical rating will normally be removed.
Advert:
Betfair Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Betfair with
Financial Spreads.
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Where Can I Spread Bet on Betfair for Free? |
By its very nature, speculating always includes a degree of risk, however, if you would like to try a free Demo Account, that allows you to try financial spread betting, see below for further details.
When looking at which investment option is right for you, don't forget that, in the UK, spread betting is currently tax free*, i.e. it is exempt from stamp duty, income tax and capital gains tax.
If you are interested in a free financial spread betting website then you should keep in mind that investors can financial spread bet on Betfair commission free with companies such as:
If you want to open a free Test Account / Practice Account where you are able to try online spread betting on markets such as the DAX 30, EUR/USD and Betfair, then look into:
The firms listed above currently provide a free Practice Account that allows investors to try out new trading ideas, apply a variety of orders and access professional charts, such as line and candlestick charts.
How to Spread Bet on Betfair? |
If an investor decides to invest in firms such as Betfair then one possibility could be to spread bet on the Betfair share price.
Looking at a spread betting website like InterTrader, we can see they are pricing the Betfair Rolling Daily market at 750.0p - 753.0p. This means an investor could spread trade on the Betfair shares:
 Going higher than 753.0p, or
 Going lower than 750.0p
Whilst financial spread betting on UK equities you trade in £x per penny. As a result, if you invested £2 per penny and the Betfair shares move 23p then there would be a difference to your P&L of £46. £2 per penny x 23p = £46.
Rolling Daily Equities Markets
It is important to note that this is a Rolling Daily Market and so it does not have a set closing date. As a result, if your trade is still open at the end of the trading day, it will roll over to the next session.
If a bet is rolled over and you are spread betting on the market to:
Rise - then you are charged a small overnight financing fee, or
Fall - then you'll usually receive a small credit to your account
For a more detailed breakdown of Rolling Daily Markets please read our article Rolling Daily Spread Betting.
Betfair Rolling Daily - Shares Trading Example |
So, if we continue with the spread of 750.0p - 753.0p and make the assumptions:
- You have completed your analysis, and
- Your analysis suggests that the Betfair shares will increase and go higher than 753.0p
Then you might decide that you want to buy a spread bet at 753.0p and invest, for the sake of argument, £4 per penny.
So, you win £4 for every penny that the Betfair shares move above 753.0p. Nevertheless, it also means that you will lose £4 for every penny that the Betfair market decreases lower than 753.0p.
Considering this from another angle, if you were to ‘Buy’ a spread bet then your P&L is worked out by taking the difference between the closing price of the market and the initial price you bought the market at. You then multiply that price difference by the stake.
As a result, if after a few trading sessions the share price started to move upwards then you could choose to close your position so that you can secure your profit.
So if the market increased then the spread, set by the spreads firm, might be adjusted to 779.4p - 782.4p. To close your trade you would sell at 779.4p. Accordingly, with the same £4 stake your profit would be calculated as:
Your profits (or losses) = (Final Level - Initial Level) x stake
Your profits (or losses) = (779.4p - 753.0p) x £4 per penny stake
Your profits (or losses) = 26.4p x £4 per penny stake
Your profits (or losses) = £105.60 profit
Trading equities is not always straightforward. In the above example, you had bet that the share price would rise. Naturally, it can also decrease.
If the Betfair stock decreased, contrary to your expectations, then you could choose to close your position in order to restrict your losses.
Should the market fall back to 723.6p - 726.6p you would settle your position by selling at 723.6p. This would result in a loss of:
Your profits (or losses) = (Final Level - Initial Level) x stake
Your profits (or losses) = (723.6p - 753.0p) x £4 per penny stake
Your profits (or losses) = -29.4p x £4 per penny stake
Your profits (or losses) = -£117.60 loss
Note - Betfair Rolling Daily market taken as of 31-Oct-12.
Where Can I Find Live Spread Betting Prices and Charts for Betfair? |
If you want to access real time trading prices/charts for Betfair, you generally require a financial spread betting account. Users should note that opening an account is subject to status, credit and suitability checks.
If your account application is approved then you will be able to log on and view the up-to-the-minute trading prices and charts. Usually, these are free. The catch? You'll probably get an occasional sales email or letter from the spread trading broker.
Of course, if you want to trade then be aware that spread trading does involve a significant level of risk to your funds and can result in losses that are greater than your initial investment.
Despite the fact that the charts tend to differ from platform to platform, in order to help your trading decisions, they usually have useful tools and features such as:
- A number of time periods - 2 minutes, 1 hour, 2 hours etc.
- Various display styles - OHLC, candlestick and line charts
- Tools for drawing/adding features - trendlines and Fibonacci retracements
The charts offered by FinancialSpreads also offer more advanced features like:
- Customisable Indicators, Back Testing and Analysis tools
- Important chart overlays - Ichimoku Clouds, Parabolic SAR, Chande Kroll Stop etc.
- Over 30 indicator charts - Stochastics, Chaikin's Volatility, Aroon etc.
- Email alerts that trigger when a market hits a particular price
Sample chart
The following firms give their clients live trading charts/prices:
Advert:
Betfair Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Betfair with
Financial Spreads.
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Risk Warning: Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'Betfair Spread Betting' by DB, updated 22-May-13
For related pages also see:
Spread Betting on FTSE 250 Companies, updated 23-May-13
Spread Betting on FTSE 250 shares: Individual guides to FTSE 250 companies with broker ratings. Plus where to get live charts and prices for FTSE 250 companies, worked spread betting examples and...read article: Spread Betting on FTSE 250 Companies.
Kazakhmys Spread Betting, updated 23-May-13
Kazakhmys spread betting guide with live Kazakhmys share prices and charts. Plus, broker recommendations on Kazakhmys, where to spread bet on Kazakhmys shares tax-free* and commission-free, how to spread bet on the Kazakhmys share price and...read article: Kazakhmys Spread Betting.
Pennon Group Spread Betting, updated 23-May-13
Pennon Group spread betting guide with live Pennon share prices and charts. Plus, broker recommendations on Pennon, where to spread bet on Pennon shares tax-free* and commission-free, how to spread bet on the Pennon share price and...read article: Pennon Group Spread Betting.
Debenhams Spread Betting, updated 22-Apr-13
Debenhams spread betting guide: live Debenhams charts and prices. Plus, broker ratings on Debenhams shares, where to spread bet on Debenhams shares commission-free and tax-free*, how to spread bet on Debenhams and...read article: Debenhams Spread Betting.
Dixons Spread Betting, updated 16-May-13
Dixons spread betting guide: live Dixons charts and prices. Plus, broker ratings on Dixons shares, where to spread bet on Dixons shares commission-free and tax-free*, how to spread bet on Dixons and...read article: Dixons Spread Betting.
Home Retail Group Spread Betting, updated 02-May-13
Home Retail Group spread betting guide: live Home Retail charts and prices. Plus, broker ratings on Home Retail shares, where to spread bet on Home Retail shares commission-free and tax-free*, how to spread bet on Home Retail and...read article: Home Retail Group Spread Betting.
Halfords Spread Betting, updated 23-May-13
Halfords spread betting guide: live Halfords charts and prices. Plus, broker ratings on Halfords shares, where to spread bet on Halfords shares commission-free and tax-free*, how to spread bet on Halfords and...read article: Halfords Spread Betting.
ICAP Spread Betting, updated 14-May-13
ICAP spread betting guide: live ICAP charts and prices. Plus, broker ratings on ICAP shares, where to spread bet on ICAP shares commission-free and tax-free*, how to spread bet on ICAP and...read article: ICAP Spread Betting.
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