Financial bettors cash in on recession Tuesday 12 August 2008 PDF Print In defiance of the impending global recession, an increasing number of people are making small fortunes on the markets by betting against certain equities and indices. In fact, financial bookmaker www.BetsForTraders.com is seeing traffic to the site grow by more than 100% a month. It’s no surprise that people are choosing this route – thanks to market volatility July was the most profitable months on record for clients of www.BetsForTraders.com, with one individual winning six bets in a row at odds of 19-1 and another making 30 times his money over the month. Ryan Kneale, Market Analyst at BetsForTraders comments: “Fixed odds financial betting is fast becoming the preferred alternative to traditional investing as it offers high returns at low risk and can be profitable in any economic climate. It is a much safer way than spread betting in which to cash in on market fluctuations – as you can’t lose more than your initial stake and you can win when the markets go down as well as up. “For example, while many of us cursed as the price at the pumps continued to rise, oil companies and their shareholders were more than happy to watch the price of oil rise and with it their profits. But for those people who do not hold shares in major oil companies there is another way in which to take advantage of surging oil prices. During the last three months we have seen an average of 74% of all bets on BP being on their share price to rise. It is the biggest winning stock to bet on for clients this year with a statistically improbable number of winning bets on it. One client is up over 30k on BP bets alone.” -Ends- Notes to editors: Launched in 2007, www.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. Customers can test the site out for free by opening an account with 10,000 virtual dollars. 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. www.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 & Poor’s 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 Supervision Commission. Further information: Heather Baker hbl media Email: email@example.com Tel: 02076121830 This press release was distributed by ResponseSource Press Release Wire on behalf of HBL Media in the following categories: Business & Finance, for more information visit https://pressreleasewire.responsesource.com/about.