Online Sports Stock Market
So I am sure you know a little about stock markets…but what about an online sports market? With many sports books having to shut their doors to United States customers, an idea which has been around for years is beginning to get more and more publicity. A program in which users are able to trade shares of certain sports teams. The concept is simple – buy low and sell high. There are also several other methods in which people can make money using this new system. One of these methods is to simply own shares of a winning sports team. When a team wins a game they collect a percentage of the losing team’s current dividend reserve. Then the winning team pays a dividend to all share holders from a portion of their dividend reserve. It may sound complicated, however it is really an easy concept to grasp.
Just like researching real stock, users are able to use tools to track the performance of the various sports ticker symbols. Users can look at previous dividend payouts, 52 week highs and lows, and 30 day average prices just to name a few. With more and more people joining programs like this across the internet, it may just be the best method to currently make money using sports betting knowledge, but without actually sports betting! In some ways it may be easier to profit using a system like this rather than using a traditional sports betting bookie.
One such system that is available online offers great incentives to join as they have setup their system so that anyone can start with as little as $25.00. There are multiple funding methods available making it easy for anyone to fund their account. Some of the deposit methods include Neteller, PrePaidATM, Credit Card, MoneyBookers, Western Union, and E-Gold. Members are able to withdraw the funds at any time which is another great feature of this program. Commission must be paid on each trade that is made on the site. This fee varies between 2.5 and 5 percent of the total transaction amount. There is also an additional fee of $0.50 if you were to cancel an order before you specified it to expire. So anyone who is already big on sports betting should check out this new trend that is growing rapidly all over the internet!
Just to clarify a few things I would like to make sure that everyone understands this program is not really like a stock market in that the owners do not truly own part of the sports team like a shareholder of a company would in the real stock market. The way this system works is that people own sports derivatives which are perpetual instruments in the online sports market. Owners can hold on to them forever or decide to sell them at any time.
So if you are interested in learning more about these online sports stock markets please visit the website linked below.