Other Bets Props and Futures Some other fun bets that can be made on basketball include prop bets and futures. How To Bet News. Handicapping Your Basketball Bets When oddsmakers set the lines, they take many factors into consideration. If you have even one loss, you lose the entire bet. On the other hand the Magic must either win outright or lose by 3 or fewer points for a Magic spread bet to payout.
At any point you can switch accounts, for example you may want to switch from using a Spread Bet account to a CFD account. To do this first press the "Refresh Account List" button, this will populate the list with the accounts you have either demo or live depending on the selected tab. You will see which account is set to be the "preferred" account, select another account and press the "Switch Account" button.
You will then see the list update to reflect the new preferred account. When you are comfortable with the operation of the Add-in you may switch to using your live IG Index account. Use the setting below to toggle between the Add-in using your live or demo account: When using a live account, you need to enter a Live API Key and your live username and password into the Live Account tab on the Account Setup screen in the Add-in.
Excel Price Feed. That way, even if you are a complete beginner, you will be able to get started; once you have learned the basics, you will learn more. Nudges and Alerts If you do not have the time to spend hours immersing yourself in the platform, you may want to choose one that offers nudges and alerts.
This can mean that you set limits, and the platform automatically executes orders for you. There are many factors to consider when thinking about your investment strategy. Are you hoping for instant returns or long-term investment? Is there a specific type of investment that you would prefer over another? Do you want to focus on investments solely in South Africa or across the globe?
There will be a platform that offers what you need; however, it is a good idea to be sure of what you want before deciding. Ease of Use Whichever platform you use, ensure it is one that you can navigate easily. Each will be designed slightly differently; therefore, you will find that some are better suited for you than others. If you are unsure which one will be best for you, find one which offers demo accounts so you can try it before you commit to investing your own money.
Security Features As you will potentially be investing large sums of money, good security is essential. You will want to ensure that whichever platform you choose has a two-step authentication process as a minimum requirement. Some platforms with mobile app options will also offer fingerprint or face recognition as an added security feature. Top Trading Tips Before committing to a specific platform, there are a few things to consider.
This is especially important if you are brand new to the world of trading. Doing sufficient research can help you to avoid making mistakes. Research the Different Types of Trading There are numerous different forms of trading available to you.
Make sure that you do some research so that you can find the one that suits you best. Consider Taking a Beginners Course If you have no trading experience, then an excellent place to start could be with a beginners course. Demo accounts are also another great way of learning the basics. Look Into the Tax Regulations for Where You Live Some of the platforms available are used globally; therefore, it is important to make sure that you know what the tax regulations are for you.
This can help you avoid making any mistakes when declaring any earnings from your investments. There is always a chance that you could lose money. You should never invest more money than you can really afford to risk, therefore; each platform will have a different minimum investment, so choose one that you are comfortable with Final Thoughts This is by no means a complete list of the traders available in South Africa; however, it should be considered a good starting point.
By beginning your research here, with the traders mentioned above, you will decide on the type of platform that will best suit your needs.
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I have a tout-free sports betting YouTube Channel consisting of mostly Excel tutorials and sports betting model building advice, and its nearing 2k subscribers now. If you've watched any of my videos you've seen me use my spreadsheet that tracks my bet and model performance, and I always get asked if I can give it out. Nov 13, · Spread betting is an extremely simple way to bet on the financial markets as we can see above and simply involved deciding upon the market you want to trade on, the direction in which the price is going to move, the stake per point and whether you want to use any additional features like stop losses and limit orders. AdAARP® Skills Builder for Work Could Help You Take Your Excel Skills to A Whole New Level. Gain Marketable Skills With AARP® Skills Builder for Work. Get Started on Your Course.