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Online bingo was one of the few growing markets in gambling in 2011.  Unlike online casinos, poker and sports betting, which shrunk last year due to the FBI’s seizure of some of the biggest US-facing gambling sites (and others voluntarily closing their services to US players), bingo continues to be a popular market for European customers.

Some of the biggest bingo sites, such as Foxy Bingo, Mecca Bingo (owned by the Rank Group with more than 6 million registered customers) and Jackpotjoy.com recorded growth of 5.4% in 2011.  A lot of this growth was from online and TV marketing campaigns for bingo sites and jackpot games.

One of the areas where online bingo operators had most success was through the creation of side-games (also known as “soft games”), which were cleverly marketed towards players.  Soft games such as slots, video slots, scratch cards and arcade games allow bingo players to try other types of games outside bingo rooms.  Soft games are slightly different to casino house games because they tend to have much higher odds of winning, with players able to play from as little as 1p per game.  Scratch card sites such as Scratch2Cash.com for example state they every 1/3 game wins a cash prize.

Bingo has also seen improved technology in the market.  BingoCams.co.uk won the EGR 2011 for ‘Most Innovative Online Bingo Site”.  BingoCams.co.uk is unique to other bingo sites because it allows players to see themselves and record winnings on their webcam – a mix between chat roulette, skype calls and online bingo.  Overall this is meant to improve the social and community aspect of the game, as well as making it more exciting when you win!  BingCams.co.uk was also voted best new bingo site of 2011 by the affiliate website WhichBingo.co.uk.  Although the bingo site is very new and still in its infancy, it’s technology and innovative games are likely to be taken up by more bigger bingo sites in the future.

2011 was also a year in which a number of new bingo sites launched on the internet.  The number of online bingo sites for new players nowadays is probably in the 1,000’s.  A few great examples on some new bingo sites for 2012 are Fabulous Bingo, Bingo Funland, Naughty Bingo, Hit Bingo and Benidorm Bingo.  Each of these sites offers special bingo bonuses such as £5 no deposit bonuses, 200% up to £200 deposit bonuses and tons of other reload and VIP offers.

It’s becoming more and more clear now that mobile sports betting revenue and turnover will exceed that of online betting in the coming years, at least according to Betfair’s Chief Financial Office, Stephen Morona.

Betfair is currently the world’s largest sports betting exchange with more than 6 million customers in over 90 countries.  While a number of Betfair’s most recent acquisitions and big customers have come from the Eastern European and Russian markets, one of the biggest sectors of growth in their company is mobile revenue.

Last year (2011), Betfair recorded £24.7 million in pre-tax profits from its mobile gambling revenue in the 6 months leading up to October, which represents more than a 20% share in sports betting revenue.  Betfair’s chief executives say that they expect mobile betting revenue to reach 50% of the total gambling market by 2016.

The soaring rise and growth of mobile betting revenues have been credited to popular smart phones such as the iPhone, Android and Blackberry, who’s open-platform marketplace allows 3^rd parties such as Betfair to market and allow users to download their betting apps for free.

Other bookmakers in Europe, such as William Hill Bwin, Bet365 and Ladbrokes have seen similar record levels of growth in mobile betting.  William Hill announced in their public financial reports to share holders that they recorded 400% growth levels of mobile betting in 2010, which was the same year in which the William Hill iPhone App was launched.

Other reports have noted that mobile sports bettors tend to place more bets and wager more money then desktop (computer) users.  According to some reports, mobile sports bettors place up to 30% more bets then desktop users, spend more time on the mobile betting site, and return much more frequently.

While the benefits of mobile sports betting to customers and bookies have always been clear, not many people expected such a high level of growth and loyalty from mobile gambling users.  One of the main reasons could be that mobile users will only keep one sports betting app on their phone to place sports bets and view live odds (leading to greater loyalty), where as desktop users will have a much shorter attention span and will happily spend more time researching the internet, finding the best odds and comparing bookmakers.  This makes sense too, since if I have Bet365’s betting app on my iPhone then I’m unlikely to want to search the internet for more mobile betting apps and sites.

With more than 200% growth rates in mobile casinos in 2011, I think it seems fair to say that the mobile gambling sector is set for a huge boom in 2012.

If we look at the stats, all the information is leading to the same conclusion: that mobile gambling revenue will continue to encroach on the market share of online casinos and gambling sites.

Over 50% of Americans now own a smart phone, be it the iPhone 4S, Android, HTC, Blackberry or anything else.  The tablet market is also growing massively, replacing other conventional markets such as ebook readers, mobile games platforms such as the PSP, and MP3 players.  If we incorporate tablet technology into the category of “mobile”, which is essentially what it is, then we should see mobile gaming revenues take over online gaming (desktop gambling) by around 2014/15.

More and more online casinos are incorporating mobile casino games and apps to their software, just like All Slots Mobile and 32Red Mobile have done – arguably the two market leaders of the mobile casino industry.

Even in mobile betting, the industry has rapidly taken off.  Mobile sports wagers now represent close to 25% of the total sports betting market, even more so in the UK and Europe where mobile gaming is far ahead of the US market.  A number of bookmakers such as Bet365 and Betfair have recorded 200% up to 400% annual growth rates in mobile betting, which should continue to increase as operators launch more TV and hard shell adverts promoting their mobile services and brands.

While I doubt mobile gambling will even knock online gambling off the map entirely, it will do a good job of eroding its market share and changing how the market operates.  Consider for example, that when you gamble on your mobile phone you have a much smaller screen.  In addition to limiting which games you can play (mobile video slots and blackjack games will need accommodating on smaller screens without a keyboard), the growing influence of mobile users accessing the internet will also change the foundations of the industry.

For example, it’s well recorded that mobile internet users have a much lower attention span and CTR% then desktop users.  Obviously they had to since they have a smaller screen and can’t afford to spend as much time comparing products on multiple tabs like a desktop browser. However, mobile users will also have higher value, since the CPC will increase and brand loyalty will be much higher.  Once a mobile user finds what he is looking for, he will tend to stop looking.  That’s why mobile gambling customers should in theory be worth more to the operator and affiliate then online customers, who tend to just scour the Internet for bonuses and then leave the site.

The increased “engagement” between mobile users and casino operators should also increase brand loyalty, since the operator can contact or “message” the customer much more easily then on the computer.

Trading foreign exchange can be a great way to make profits. The best part is that it is easy to get started with forex trading if you have been into stock trading. Forex trading involves buying and selling of foreign currency, to make a profit. This means, you buy the currency for less and sell it at a greater price in future. But to make it work, it is important to understand how the market functions and learn about the strategies that can make it work for you.

Understand how forex works

To gain from foreign currency trading accounts, you should look at buying currencies which you think will rise against your own currency in the future. This means, you buy the currency for less now and sell it at a greater price in future, and make a profit in the process. For example, consider that you want to trade the pound sterling with the Euro. If you are able to buy €1.198 (approximately) for ₤1, then you would want to want the value of Euro to change so that you can get more than ₤1 for those 1.198 euros.

The currencies you are trading are called the currency pairs and are written in the “GBP/EUR” format. Here, GBP/EUR 1.198 indicates that one Great Britain pound can be exchanged for 1.198 Euros.

Forex market works 24/7

The stock markets function for a certain number of hours everyday, for five days a week. But the forex market functions 24/7, from 5 PM Sunday to 4 PM Friday EST. This is because the forex market deals in international currency exchange, with the currencies of major counties being traded through out the world, and not at a single location. That is why, forex markets are open round the clock and trading is conducted through the electronic communication networks and phone lines.

While it is not practically possible to watch the markets and trade 24 hours in a day, you should try to keep yourself updated so that you don’t miss the latest trends in the market.

Be prepared to take the risks

Before you venture into forex trading, understand that the forex markets are highly volatile and risky. The currencies that seem to be doing excellently one day may drop down steeply the other. This is because the value of a country’s currency is dependent on a number of things like inflation, the political situation of the country and so on.

Thanks to the increasing accessibility through the internet and the growing number of brokers with little or zero trading volume requirements, spread betting has become extremely popular in the UK. Along with great rewards, spread betting at sites such as Capital Spreads also brings in some risks for the trader. To minimise the risks, every spread bettor should understand how spread betting works, how the market functions and the strategies that should be used for effective trading.

Betting on the spread

‘Spread’ in spread betting refers to the difference between the price at which you can buy the instrument and the price at which you can sell it. A spread is represented with lower and higher price points, which are usually set by the spread betting company you have the account with.

When you spread bet, you are placing a bet by speculating the movement of the market. For instance, if you are spread betting in the currency or the forex market, then you bet on the speculation that a particular currency will rise or fall beyond the price points.

To profit from spread betting, traders bid (buy) when they think that the market is going to move above the higher price point, and offer (sell) if they think that the market is going to move below the lower price point. If the market moves a certain number of points in the expected direction, then the trader earns an amount equivalent to the number of points moved multiplied by his stake per point.

Spread betting is different from stock trading

In stock trading, you would be purchasing shares if you know that the price is going to rise, and would sell them if you think the price would fall. Also, shareholders of a company are entitled to a share in the profit, or loss, depending on the company’s performance. But in spread betting, you would not be purchasing shares or futures.

Instead, you would be speculating on the movement of the stock market, or any other market you choose, and try to make a profit. Although spread betting is not exactly gambling, what you earn from it is exempted from the Capital Gains Tax and the Income Tax in the UK.

The good thing about spread betting is that the knowledge of the right strategies and being aware of the current market conditions can help you predict the market movements efficiently.

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With literally hundreds of online gaming opportunities to choose from, it can be difficult to find the perfect niche game that will augment the average participant bankroll. As a leading authority in internet gambling, MyPokerBasics.com has revealed online poker to be the most profitable of all real money internet gaming options for 2011.

When it comes to real money bets, online gaming opportunities are presented in hundreds of ways. You have your casino games like blackjack, roulette, craps, video poker and slots, your American and European bingo games, and of course online poker. But the question for many betting enthusiasts is simply this; which online game has the most potential for profit?

MyPokerBasics.com, a leading authority in internet gambling intelligence, has revealed the most profitable of online gaming opportunities in 2011 to be playing poker. This form of internet gambling has created quite the stir among betting aficionados, and has turned out a phenomenal number of new career poker players on the live circuit.

Assisting in the profitable sensation of online poker this year is the unadorned fact that online poker offers players so many different strategic avenues for success. No matter what type of card player a person is, there is a poker strategy that fits their style of play, indubitably increasing their potential for a rewarding experience on the virtual felt.

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Adding to the excessive profitability of the online poker genre is the opportunity to claim free poker cash. Most internet poker operators are perfectly happy to trump their new members bankrolls with additional poker chips when making that initial purchase in the cashier. The typical advancement is a 100% match on a new player first deposit. So if a fresh member only intends to deposit about $50, they can actually hit the felt with around $100, thanks to the generous disposition of their chosen poker site.

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Overall, the informative nature of MyPokerBasics has resulted in a steady increase in user activity for the website. Thus the online poker guide has continued to provide its visitors with a continuously augmented array of materials to make their experience as lucrative as possible.

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Although spread betting originally started decades ago in 1974, it is now becoming an extremely popular hobby and investment opportunity.

The executives of Tradefair, which launched its spread betting services in 2008, has stated that spread betting growth in the UK is averaging around 30% per annum.  If you compare this to other online markets such as online poker for instance, which is actually shrinking at a rate of 1% per annum for the first time ever, than you can realise the potential fruits and room for growth that is available.

In terms of what financial spread betting is, it means betting on small increases or decreases in financial markets.  You aren’t just limited to wagering money in business index and companies on the financial indices such as the FTSE and S&P 500 however.  In spread betting, you can literally bet across 7,000 different financial markets depending on which spread betting platforms you’re using.  Spread betting markets may include FOREX, commodities, interest rates, government bonds and securities.

Spread betting works by picking a specific stock or unit and than wagering on that to move up or down in value.  Let’s say that you want to bet on Microsoft moving up 5 pips from 150p to 155p in 24 hours for example.  You could wager £10 per point movement and if when your bet closes at the end of the day the stock does move up 5 points than you can make £50 profit.  This being the case however, you could also end up losing £50 or more if the market drops too high.  You could protect your trading position and risk by using stop-limits however.

Most people are confused by what the “spread” is in spread betting.  The spread is literally the difference between the offer (buy) and bid (sell) price.  All spread betting companies will set the offer price slightly higher than the bid price because that is where they take their commission.  This means that in order to make the highest profits you need to choose spread betting platforms with razor thing spreads, e.g. 1 pips.

The biggest reason that spread betting is so popular in the UK is because your profits are exempt from capital gains and stamp duty tax unlike conventional share trading.  This means that rather than face a 50% capital gains tax on your profits, you get to keep 100% of them because according to the FSA there are no third parties involved.  Spread betting is also easier because it doesn’t involve the buying and selling of financial instruments, plus you can trade with leverage and small 10% margins which means that you can start trading with a very small initial capital.  You can also find lots of   spread betting bonuses and no deposit bonuses worth up to £100 online.

For more information on financial spread betting, we recommend visiting spreadbettingplatforms.org.