Betfair Official Blog

Beginners This Way Please - Lesson 1

A financial betting explanation as it should be

So you punt on the geegees with regularity, dabble on Vidic for first goal every so often, and like to have an unpatriotic wager, laying England at the major sporting events. So far, so good. Step this way for a whole new world though.

Have you ever sat through the financial news on the radio and thought, this is all very nice, but what exactly can I do with all this information? Here is your answer. Turning gambling into trading in the blink of an eye, Tradefair has been established to become the financial trading destination of choice, offering its customers market-beating products in a simple, reliable and competitive way. You can use your existing Betfair account, you know exactly how much you can win or lose and can even request your own prices. Tradefair allows you to 'play the financial markets' without the need for a broker, or access to a bowler hat and city types. And if the stock market crashes one day, you can even make money out of that!!

For those of you that are unfamiliar with financial trading, it shares many similarities with sports betting - the importance of being well-informed and having the golden grail of an 'edge', the ability to trade volatility not just outcome, and the need to react to fast-changing markets and conditions.

Over the coming weeks betting.betfair will be producing a weekly guide to launching your tradefair career, dealing with all aspects of the site, and financial betting. So stay tuned, and be prepared to change your gambling habit...into a trading one.