Stuart Wheeler – the secret to making money from spread betting
Well, there are two ways. You can own a chunk of a successful spread-betting firm or you can be a spread-better and get things right. Miraculously, I have managed to do both. I shall come back to that. First, let me tell you how it works. How many runs will England make in the first innings of their next Test match? The bookmaker — all spread-betting firms are bookies, whatever gravitas they may attempt to assume — might quote 260–270. You think they will make more than 270. So you ‘buy’ at 270, staking £10 a run. England make 350 runs. So you are right by 80 runs and, at