London, 04 April 2012 - A survey of over 2,000 British adults conducted by GoldenBoys, has revealed significant gaps in understanding of the financial markets. Almost a quarter (24%) could not identify that Greece was in the Eurozone, given a list of four countries. 12% selected Switzerland and Turkey was chosen by 7%.
44% couldn’t define a bull market and only 53% correctly named London as having the world’s most international stock exchange. 96% didn’t know the name given to the day when the markets crashed in 1987 (Black Monday) and 70% don’t know what a corporate bond is.
The survey coincides with the launch of financial betting website GoldenBoys, which offers simple games that do not require a detailed knowledge of the financial markets.
Martin Linham, Principal, GoldenBoys, comments:
“There’s no reason why the general public shouldn’t be able to make money on the financial markets. Our games are designed to make winning on the stock markets easy for anyone.”
After registering on the site, players can bet whether the market will go up or down in the next 5-30 minutes in the simple ‘up and down’ game, or match three stocks on a scratch card to win. The ‘Millionaires’ game offers the chance to win £1,000,000 with the best odds available.
To register and claim a mystery gift, visit www.goldenboysbet.com.
GoldenBoys makes the financial markets accessible to everyone by providing easy games with great rewards. All the games are based around the financial markets but are simple enough for anyone to enjoy.
Golden Boys is regulated by the Isle of Man Gambling Supervision Commission under a license issued to Golden Boys Bet Limited under the Online Gambling Regulation Act 2001 on 13th May 2010.