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A slight change this week. Given that the Rugby World Cup is upon us I thought we could look at a popular Rugby Spread Bet, namely Total Points betting (see below). I thought you might also be interested in a new account offer that Sporting Index are running:

Sporting Index – New Client Spread Betting Offer

Sporting Index are offering new clients the chance to claim:

• a £200 football bet after placing 5 bets, or
• £100 Cash, or
• a £10 Total Points bet on any live Rugby Union match

Open a Sporting Index** account and place 5 bets (each bet must have the potential to win and lose £20 or more) and they will give you one of the above. ** New accounts are subject to credit and suitability checks. Terms and conditions apply.
Click here for more details and to apply for a Sporting Index account
Risk Warning - Sports spread betting involves a high level of risk and you can lose more than your original stake. It is not suitable for everyone so please ensure you understand the risks involved and only bet with money you can afford to lose. Sporting Index is authorised and regulated by the Financial Services Authority

Rugby: Total Points - Spread Bet

For this bet you simply predict the total number of points that will be scored in a rugby match.

Example For the Group B match between Australia and Wales the bookies might predict a relatively free scoring game with plenty of points, perhaps a Total Points prediction of 56 - 59.

If you expected an open game, you would bet high at 59, for the stake of your choice, in this case £5 per point.

Had you been proved correct and the game had finished 42 - 28, a total of 69 points, you would have made 10 times your stake.

(69 - 59) x your stake = 10 points x £5 per point = £55.

Had it been a tight game and ended with few points, eg 19 – 12, and therefore a total of 31 points, then you would have lost 28 times your stake.

(31 - 59) x your stake = - 28 points x £5 per point = -£140

Click here for more details and to apply for a Sporting Index account

The interesting element with this bet is not who scores the points or which team or even how the points are scored. You are basically betting on a high scoring game, or if you Sell the spread, in this case Selling at 56 points, you are spread betting on a low scoring game

Enjoy the games!
DB

www.CleanFinancial.com

18. A good quality, reliable PC with a fast reliable internet connection and printer

19.Access to lots of quick live market information. For this we’d recommend an account with someone like FinancialSpreads.com. We’re not suggesting you have to trade with them but if you open an account then their data is free. In the example below you can see that their free chart info is pretty useful.

• You can alter the charts to see market data by the minute, by the hour, by the week etc, plus many other settings. eg you can see financial prices going back to Feb 06 for the Wall Street Daily market
• It show’s how the market’s are not perfect and how you can expect the prices to “gap”
• FinancialSpreads.com also have another pretty handy tool in their free Demo account. You can open a Demo account, place demo trades whilst you practice with no risk.

Click here to apply for a Financial Spreads Free Demo Account

20. A phone for calling up traders. Assume the worst ie that when the markets are moving rapidly, your broadband connection will be slow up / stop. Also assume that your PC will grind to a halt. With a separate phone, you’ll always be able to call up the trading floor in an emergency.

21. Print hard copies of your notes and open positions in case your computer crashes. I normally print off my Trading Spreadsheet after every new trade. Clearly you should be backing up your data as well. It’s fairly simple even if you don’t have a separate PC / laptop to record the data. You can always email it to yourself on a web based email program like yahoo email or gmail. That way you’ll have a separate copy stored elsewhere if you’re away from your PC, if your PC is corrupted, if you delete a file, if you have a fire, break in etc.

22. Capital that you are prepared to lose. Yes, not all investments will go according to plan. If you’re investing then only invest what you can afford to lose.

Good Luck

DB