Real Money Share Trading Games
How and where to play trading games to win cash – trade in standard business shares or a range of global sports
Want to build up a nest egg for the future? Or just fancy your chances at playing the stock market but don’t want to go down the traditional share-buying route?
Well there are alternative solutions, and one that’s becoming increasingly popular is in the new types of share trading platforms.
These are similar to normal share buying, but the twist is they’re more allied to gaming than just pure financial trading. In fact some of the most popular involve trading in the participants of games – on football players or teams, or a range of teams in other sports. Knowledge is everything and they do sit prominently in the list of games of skill.
On this page we’ll take a look at some of these new share trading platforms, how they work, and which types of shares you can trade in the games.
Sports Share Trading
Probably the most notable from a gaming perspective – trading in sports as an alternative to betting on sporting events is on the increase.
One platform that’s been running for a couple of years and has attracted a lot of fans in the UK is the footballer stock exchange run by FootballIndex.
The ASM Exchange (at AllSportsMarket.com) is a recent operator to enter the market, and focuses on offering share trading in US sports teams across all the four major leagues – Baseball, Basketball, NFL, and NHL.
Others include PlayersSX.com, SportsStocks.com, and AthleteXChange.
Pros & Cons
The main benefit of playing trading games is clear – if you’re good enough you’ll have a reasonable chance of building up some nice cash profits. They can be played without risking large amounts of your own cash in the first place and if you buy and sell cleverly you can compound the growth in share values (plus any dividends earned) and end up with a valuable portfolio.
On the negative side they don’t offer the same excitement level of other real money games like competitive cash video gaming, more because any profits are not likely to come as quickly as they do in those types of games. Plus of course with share trading you’re exposed to unexpected bad news which can send your portfolio (if it’s not spread wide enough) into a downward spiral.
You’ll find a good list of real money stock and share trading apps here on this page, so there will be little value in linking to pages with similar lists. Equally you can get to the main share trading operators from the write ups above.
Most likely the best additional resources you’re going to find will be those that focus on understanding the vagaries of share trading and how to do it effectively.
For a beginner this guide to share trading is worth a look. It’s a little old but the principles still hold true.
Trading in stocks and shares is an ages old way of investing to build up a cash reserve, but the gamification of stock trading and more importantly its application to sporting games is just a few years old. We can expect to see innovations in the field over coming years.
For now though there are a handful of apps and operators where you can get involved. You don’t have to risk big amounts, have plenty of opportunities to learn before you do, and with good application of knowledge and skill it’s possible to play these trading games for real money successfully…..
…and who knows! You might pick up some valuable knowledge and end up one day answering a $/€/£10000 stocks and shares question in one of the real money trivia games that have sprung up recently.