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House prices are falling, there is uncertainty regarding interest rates, the pound is gaining further strength against the dollar and rocketing oil prices threaten to push up fuel costs. But it need not be all doom and gloom.

BetsForTraders.com, the online fixed-odds financial bookmakers, has produced ten top tips to help people make the most of the current economic crisis.

Figures released by Halifax show that house prices have fallen by 0.6 per cent in September, the second drop in a row, leading to widespread fear that the UK housing market may follow the US into a price crash.

The Government has increased interest rates five times since last August, which means borrowers who took out low fixed rate mortgages over the last three years are facing repayments that could rocket by up to 40 per cent. Interest rates have been held at their current level of 5.75 per cent for the last four months, and this has resulted in speculation as to whether a drop is planned and fears as to the future of the economy.

The falling dollar and strengthening pound mean dealing in dollars could potentially yield rewards. In the last year, the pound has risen to its highest level against the US dollar since 1981, breaking through the $2 mark.

Crude oil prices have soared by about 30 per cent this year to levels not seen since the early 1980s. This unprecedented rise of oil prices reflects the unpredictable nature of the markets at present, and is predicted to push fuel prices even higher.

Although the recent turmoil has meant financial institutions are imposing stricter lending restrictions, this need not necessarily spell disaster.

BetsForTraders Ten Top Tips To Cash In On The Crisis:

1. Use a financial bookmaker to bet on banks’ share prices to fall.

2. Take advantage of the retail sales to save in the long term.

3. Make money by betting on the stock markets to fall. With a financial bookmaker, unlike traditional stock markets, you can place bets on the markets moving in either direction.

4. Bet on the pound becoming stronger – international investors are attracted by the high interest rates and the currency value will continue to rise.

5. Holiday in the US and live a luxury lifestyle, safe in the knowledge your strong pound is now buying you more dollars.

6. To take advantage of the weak dollar against the pound, buy goods from the US.

7. Cash in on rising oil prices by betting on oil company share prices to go up.

8. Stock up on petrol to avoid being affected by the predicted price hike.

9. Limit spending and take advantage of the current interest rates by saving in a high interest account.

10. Concentrate on paying off any credit debts or hire purchase agreements before investing in new purchases.

ENDS

Media Contacts:

Justyna Gnyp, hblmedia, 0207 612 1830, justyna@hblmedia.com
Becky Barr, 0207 612 1830, becky@hblmedia.com

Notes to Editor

Launched in 2007, BetsForTraders.com is a fixed-odds financial betting website which offers a range of 10 different types of fixed-risk bets on financial markets, single stocks, stock indices and the foreign exchange markets. Bets are fully customisable and operate through a real-time dealing interface.

As well as providing the largest range of bet types in the marketplace, the company offers a range of unique bet options not available through other betting sites. The website allows clients to “build their own bets” by adjusting the parameters using a sliding bar feature to optimise the price-payout ratio and specify the length of each bet, giving clients more control and price transparency.

BetsForTraders.com is owned and managed by Trinitas Capital (IOM) Ltd, based in the Isle of Man in the British Isles. The company is fully licensed to offer financial bets by the Isle of Man government. The Isle of Man is an important global banking centre and one of the best-regulated low tax jurisdictions. It holds a Standard & Poors AAA rating and has a high standard of accountability and numerous player protection laws. Due to its strict regulatory regime, it is one of only a few jurisdictions on the UK Government’s White List, which grants exemption from betting advertising restrictions. Trinitas Capital (IOM) Ltd. is subject to regular audits, software inspections and ongoing regulatory scrutiny by the Gambling Control Commission.




This press release was distributed by ResponseSource Press Release Wire on behalf of HBL Media in the following categories: Personal Finance, for more information visit http://pressreleasewire.responsesource.com/about.