Sunday, March 7, 2010
An alternative way to gamble on the markets
I have previously mentioned on this blog how investing and gambling share many traits in the short term. Now, you can literally combine the two with Centrebet now taking bets on the value of the ASX200 at the end of the month. I would suggest that the odds generated by Centrebet on this gamble will become a salient leading indicator for economic commentators worth their salt. Currently the outlook is positive for March.