Spreadbetting 2005

Hi guys,

I get the impression that many of you on here are pretty 'ofay' with spread betting and that there's quite a lot of experience here ...

May I ask ... generally speaking I consider SB'ing companies as a bunch of crooks to be honest. They will invariably look after their house book rather than your positions - such that they generally, where possible will place your trades against their existing order book ... so in effect, when you trade through a SB'ing company you're not just trying to beat the market but you're also trying, in an indirect manner, to beat the SB'ing company too.

Perhaps I'm overly paranoid ?

I have a question that has been playing on my mind for a while though ... perhaps someone can help or at least shed some knowledge/experience/wisdom on :

IF say I/you are very confident about the prospects of a company, lets say a small cap like 'IMG', as a good example ... If say I have something rediculous like £5000 /pt LONG open on the stock ... (ie. equiv. to 500,000 shares) ... THEN ... do you think the SB'ing company would try to deter the sp from rising by somehow manipulating the order book or the market so that a punter like me does not win a large amount ...

Sometimes you do get the impression that the SB'ing company you deal through is actually working against you (even though they obviously don't present themselves that way).


Curious of any views.