Rough estimates

Some figures were released this week which have given some potentially good indications where spread betting is concerned. For example, Ireland’s top central banker has predicted that there will be a fall of 6% in the Irish Republic economy, therefore a spread better could easily pick up a wager for a higher or lower amount than the 6% stated.

John Hurley the Governor of Ireland’s central bank has announced that unemployment will average about 11% - another figure to work with as far as spread betting is concerned.  If these figures climb higher than the 11% assured and you have wagered this will happen, you win!

In January employment benefit in the Irish Republic rose to 326,000, heralding a further figure for an estimation of rise or fall.  Although all these figures are bathed in a sorrowful light, every cloud may sport a silver lining where spread betting is concerned.  It may be considered bad form to benefit out of other people’s losses but if there is money to be made – it’s a dog eat dog world in the world of financial uncertainty.

Spread betting is a personal activity and there are no limits as to how you spend your money and what you decide to spend it on, as long as you can afford to play and you can afford to potentially lose, the cards are yours to deal with how you wish.