A friend of mine just lost £7000 in spread betting,

please how can you move on with life when you lose so much and you haven't even made that much from the stuff

please are you into this spread betting thing please let me know how you can actually make profit from it

Don't worry, someone else has gained that 700 pounds that your friend lost! Is it sports betting you're talking about here, or something else? How come you are still interested despite your friend's enormous loss?

i am still interested because he made 3500 pounds on 4 days then i told him to just take the money and leave then he went to bet on a high stake thinking he would make more back and then he lost it

I just want to do it make smalll money and leave

OJUKOKORO

There's no guarantee that you'll be able to make small money before you decide to leave! About your friend's situation: sorry, but gambling is meant to be a recreational activity not a way to make money!

I do spread bet and have made money , but not in that large scale of thousands
Just started betting at the begining of the year, so learning the ropes.
Just making hundreads for now.

But it sure is a way to make money, if you know what to do.
Some people think its much quicker than properties.
In and out unlike properties where you have to wait for over 10 years for profits

Did your friend use a stop loss, at least it prevents you from huge losses.


BlackNBold , holla at me, I will give you some useful info to start with.
But do bear in mind , just liek your friend found out, you can make as well as lose money.

My cousin used to do that. Like Man U will win, arsenal win lose.

someimes he wins other times, qwa qwa!

I'm sorry for ur friends loss. OMG 7000 pounds?? u mean 700 pounds?

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iceman i gues you just started your own betting company

spreadbetting is on options and stuff. This is the wrong forum for this discussion.

I am just learning it and I am really taking it slow.

I have a friend who lost £8k a month ago but overall he is well up on it.

But do not do it if you cannot afford to lose the money.

simple.

I think your Friend invested so much money in it. Spread Betting is just like playing pool , but at thesame time people have become rich in playing It. I will rather suggest that anyone that want to go to it should rather bet on stock market other than on sport.
Does anyone remember John Fashanu and his team mate the guy from south Africa who was a goal keeper in one of the premiership clubs in Uk? The goal keeper was accused of taken bribe before a match.so tell me if you bet on such a match what do you expect.
If anyone is interested in spread betting please consider the stock market.
Have al ook at this web site www.betonmarkets.com and see how spread Betting works
Good luck

Guys, i think Blanknbold is talking about "spread betting" not "sports betting",
i'm pretty sure they're two different things,
Spread betting is mainly betting on stocks while Sports betting we all know,

to tell u the fact, if i lost 7000 Pounds in Spread Betting? i'll try and get over it ASAP, because the more i think of it, the more its gonna hurt,
i've done that alot in sports betting,