MARKET REPORT: Plus 500 windfall from bets on choppy markets

It is little surprise that retail investors have wanted a piece of the action as stock markets have gone topsy-turvy over the last few weeks. Figures from trading platform Plus 500 yesterday showed the scale of this enthusiasm. Revenue in the first three months of the year soared to £252.5million, a whopping 487 per cent … Read more

Punters place bets on a white Easter and coldest-ever April

Spring may have briefly sprung but the UK is stepping back into winter with falling temperatures. On Sunday, Surrey and Scotland saw snow flurries as British Summer Time started and temperatures fell as much as -8C as a 1,000 mile-wide mini ‘Beast from the East’ hit the UK. An inch of snow settled in parts of … Read more

Long-term recovery bets – but only for the brave

Family, friends and colleagues, separated by the lockdown, are often ending video chat sessions with the phrases, ‘Stay well!’ and ‘See you on the other side.’  We are all wondering how life will look when we do meet again, trying to assess the impact on relationships, businesses and the economy.  The stock market rally earlier … Read more

Online gambling sites begin taking bets on how the coronavirus will spread

Online gambling sites begin taking bets on how the coronavirus will spread as professional sports leagues shut down and leave them struggling to make up lost revenue Some online gambling sites have begun taking prop bets on COVID-19’s spread Sites in Russia will take bets on city shutdowns, toilet paper shortages and more The estimated … Read more

Hedge fund tycoon Crispin Odey bets on Sirius Minerals bidding war

Hedge fund tycoon Crispin Odey bets on Sirius bidding war as shareholders approve £405m Anglo American takeover By Francesca Washtell For The Daily Mail Published: 21:51 GMT, 4 March 2020 | Updated: 22:06 GMT, 4 March 2020 The hedge fund managed by millionaire Crispin Odey is talking up the prospect of a bidding war breaking … Read more