Best Financial Betting Online
When it comes to online betting, not many Americans look to the stock market for supplementary betting opportunities. If you think about it, shares on the stock market rise and fall on a daily basis. News from around the world changes the value of major companies which impacts the market indices and ripples through to the commodity and currency markets. It makes sense then that financial betting is fast becoming one of the biggest online betting markets in the US. The shifting markets provide bettors with the ideal betting opportunity where anyone can place an online bet no matter how small or big.
Financial betting is unique and specialized type of betting market. While most internet betting markets are handled exclusively by sportsbookers, financial online betting is also handled by specialized financial brokers. When a bettor participates in a financial bet, they are essentially predicting what a stock is going to do in the future. The bettor can try and predict whether the stock will go up or down and by how much. So how does financial betting work? The first thing to know is that there are two main types of bets a bettor can choose from, namely Binary betting and Fixed Odds betting.
Fixed Odds financial betting allows bettors to bet on the movements of various financial markets. Essentially, bettors will have the opportunity to bet on whether a particular financial market or stock will finish above, at or below a pre-determined market level within a selected time period. This time period could be as short as five minutes or could extend to hourly or daily fluctuations. Fixed odds bets pay a fixed amount on expiry and losses and are limited to the value of a bettor’s total stake. This makes fixed odds betting an ideal introductory betting style for bettors who are new to this particular betting arena.
Binary Betting is a little different to fixed odds and leans slightly towards the world of spread betting, but without the risk of losing more than your bet. In a binary market, one of two outcomes are possible, these being either WIN or LOSE. These are represented by 0 or 100. You can either buy or sell a binary bet. If you are buying a binary bet, you are selecting the market level to finish above the line at the end of your selected betting period. If you are selling a binary bet you are selecting the market level to finish on or below the line at the end of your selected betting period.
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What to Know & Where to Start Financial Betting
Betting on financial markets can be tricky. Before rushing into a large bet, there are a few things to consider first. In order to place a reasonable bet and get the best results, a bettor must analyze the historical data and trends of the market he is betting on. In addition a bettor needs to take in consideration global news, current affairs and how global markets can affect the market he is betting on. For the novice bettor it is best to start out with a small fixed odds bet on a market they are familiar with. Once a bettor has more experience with the markets they can move on to bigger and riskier bets. If you want to get in on the action and start online financial betting, you have come to the right place, you can find all the best US online betting sites right here.