Introduction: Financial Betting
Ever fantasized about becoming a Billionaire? Of course.
Ever thought of betting? Oh, no, Never.
This answer surely does not come as a surprise. The reason is, while some do betting for money in financial markets, many do it for winning and for sheer adventure associated with it. However, there always exists the nagging apprehension of losing in this market. But, what if you are introduced to the magnanimous world of online financial betting sites where you do not end up staking your hard-earned money for a racing car sport vide sports betting, or for that matter guessing who would become the next Prime Minister or which stocks in the market will perform the best and which instrument in the financial markets will face the heat of the bear.
Going by recessionary phase of financial markets following Covid-19 that has resulted in massive unemployment and price fluctuations embroiled in uncertainty virtually pervading all markets, these financial betting sites come as a much-cherished solace and safe haven for all those looking to explore greener pastures.
Enter the World of Financial Betting: Get Started
You do not need to be a Finance Whizz kid or a rookie to go for financial bets. Gone are the days when one had to run around the Stock market pimps and brokers to give us the so-called opinions on what to buy and when. Now you can perfect your hand purely by way of betting through some of the best financial betting sites and all by your powerful insight! Unlike sports betting, where your bet in the financial market is destiny supported.
As frequent changes happen every second in financial markets, one needs to be conscious of online betting with so many sites so as not to lose a single penny that could make or break the bet. Thankfully there are opportunities galore in the financial betting world, and every move is quite transparent in this market. In a very short time, you would master the skill required to guess which in the market will go to the kitty of bull and which will be sacrificed to bear, and all through an online betting site!
The most significant part to get started with a Financial betting site is that you are never, in reality, dealing or catching hold of the actual instrument, especially when you are doing the online betting via online betting sites. Given the plethora of best financial betting sites, in a way, it is synonymous with Derivative Trading. Your only bet is on how and what financial bets you are going to stake, say a stock, bond, index, or currency, and whether it is going to be a bullish or bearish market. It all boils down to your astute prognosis on a stock movement in the financial market. If you turn out to be a gainer in this market, you will encash reward instantaneously.
It requires a bit of prior confidence to press the button on the online site, and you would be ready to autopilot the plane of online financial betting.
Financial Betting: the Path Forward
A major advantage of financial betting is that you will only lose the amount you bet in the stock market and are not liable to buy a currency, stock, or commodity. The safe option to stock market trading is just as exciting and can be very rewarding when the odds are in your favor while going through these sites. Naturally, it would be in your favor to do the spadework of exploring the history of stocks of these financial betting sites that have performed in the market well over a period of time. As a matter of fact, you would also be analyzing the trend of the financial market and watching the influence of various markets and government policies and regulations on these closely before you start with financial betting on these sites. The odds will depend on the duration of the betting covers.
Most bookies offer the following three types in the field of financial betting:
Fixed Odds- As the name itself suggests, here you do betting on fixed odds. A detailed and meticulous computation is executed to ascertain the betting volume to win a certain payout amount on the site. All this is done, keeping in view the market moods and timelines through these sites. Some sites allow you to bet on instruments moving up, down, and staying about level over periods of time in the market. The bookie sets the fixed odds for all outcomes and makes a profit on these sites by paying out at slightly lower than the true odds as estimated by the oddsmaker.
Floating Odds- Floating refers to the variability factor of financial betting. As the price odds are volatile and are computed for different strikes over the duration of the bet. Here the payout entirely hands on to the quantum of bet given the odds.
Binary Betting- Binary betting is perhaps the best financial betting, and naturally, this trait makes financial betting a choice pick among many enthusiasts. The outcome here is pretty much laid across the table, and based on the prognosis being accurate, the payout is received. There is no middle ground in financial betting, but considering the action initiated, the event can be sold. This has the advantage of helping you gain from the event both occurring and not occurring in the financial betting on the sites.
Financial Betting: a Sweet-tooth
A major benefit of online financial betting is accessibility through these best financial betting sites. It can be reached without any brokerage account or minimum bankroll. It all depends on how much amount you are ready to allocate to try your hand with a real game through financial betting on the best sites.
Additionally, there is no loophole concerning expensive fees charged by conventional brokers. So all mediation is clearly eliminated via online financial betting sites. Even though some sites may entail a minuscule amount as commission, the margins in these sites are significantly smaller. And finally, there are more winsome options provided you are ready to go that extra mile to take the risk while dabbling these sites. So, you can pick and choose the format that works for you best based on your risk tolerance of financial betting.
Herculean Crusaders of Financial Betting
There are abundant financial betting sites available today:
BET365: A highly respected and trusted name in online financial betting. The odds are presented clearly and in fractional prices, and a simple click on a price will send your desired selection to your betting slip. The betting slip is clear and straightforward to use. Once you add more than one selection to your slip, you will see the options expanded for Multiple Bet Options if you want to dip into that area. Simply add your stake to a selection on this site, and you will see the number of winnings you will get right next to it, which is very convenient. The betting slip is not as feature-laden as some you will find, but when you combine the extremely competitive prices with the simple, efficient effectiveness of the betting slip, then you have a very strong & best bet management system. A history of your bets can be found in your account right from the slip, and overall, the management is very strong.
WILLIAMHILL: One of the best sites in the sports betting world is William Hill, wherein they score very high on customer care and are leaders in UK high street betting. Great for finding competitive prices, especially on the horse racing and football markets. The odds are presented in the fractional format as the default, but it’s easy to change if you want decimal. William Hill’s bet slip is one of the clearest to read of all online bookmakers. Each selection that gets added is highlighted clearly in green, and for each stake that you enter, you can see the estimated returns for each individual bet.
BOVADA: “Bovada sets the gold-standard for online gambling sites. It’s modern, safe, and offers a larger variety of gaming options than almost any other website out there.” – Zack McGovern
Bovada app is renowned for being the pioneer of online gaming and has been so in the good books of customers since time immemorial. Backed by a wide array of astute suggestions and payout methods, it has been the cynosure of financial betting sites. This is a site where you could bank on some Bonus offers apart from making good money on betting. You can check the Bovada review here for more details.
BetOnline: The simple and clean layout of this site makes it unique. BetOnline is not loaded with glitzy bitzy sports stuff, and it is very easy for the user to navigate, especially while observing the interface. The odds displayed show the format clearly, and the site also offers other functional tools like the latest news and research to keep you updated. Odds are displayed in Moneyline format on the site and can easily be switched to decimal format with just one click. A privately-held US-based gambling company offers one-stop-solution for all kinds like Sports Betting, Financial Betting, and all others.
MyBookie: The homepage is the best part of this site. You would have the privilege of seeing a plethora of sports betting options on this site and in a well-laid out manner. What else! You can now customize your experience on this wonderful site. You can also choose the odds and time zone of your choice so you would not miss the fun. This site also connects to your smartphone actively. This way, you can place, track, and cash out your sports bets via your mobile phone or tablet on this site. You name a sport like Football, Basketball, tennis, and it is there on this site. They offer a 100% match bonus as a Sportsbook Welcome bonus. From raffle rebate to horse bonus, weekday casino reloads bonus, and free spin Wednesdays, they have all. Also, quick and secure is their Deposit and payout system.
BetNow: Rather than seeing a clutter of sports options on multiple sites, this sports betting site is quite characteristic of what others offer. Simply logging on to main menu options, you can keep the page free from unnecessary advertisements, which normally prove very distracting. Click on “In-Play Betting,” and you have all you need. A salient feature is BetNow does not display a sport unless they have an active wager available on it at that time.
BetNow does not display a sport unless they have an active wager available on it at that time. You would be surprised they do not just offer convenience but also generic games. Some of the knockoffs that we saw were “Dog Father” and “Party in Wonderland.” This is a definite area with room for improvement at BetNow.
Sportsbetting.ag: The choice here is mammoth, and so are the options to choose between Main Sports and Other Sports. Within each sports category, they do have a pretty extensive list of the leagues and organizations you can bet on. Some worth mentioning and not so common are Straight Bets, Totals, Moneylines, Parlays.
Diversified Instrument on Platter
Depending on your portfolio and risk tolerance, you may wager on any of the instruments detailed hereunder:
Betting on shares is similar to buying and selling shares over the stock market. You can easily bet on how these shares will perform on an exchange, and you get paid. Using a spread betting company, you can place bets on the share price of companies listed on different stock exchanges worldwide.
You can also make a wager on how the world’s major indices will move in a manner similar to betting on the movements of stocks.
Even the Forex market is the most actively traded. Traders compare currency conversions, and massive betting takes place. For instance, you can bet on the price of the USD as it compares to the EUR.
Commodities are also a market, though not very frequently betted by users. Here the prices of the commodities are the main decisive factor.
Spread Betting: Like trading in the stock market, buy and sell prices are quoted for spread bets. The difference between these prices is called the spread. The spread-betting broker profits from this difference, and this to be made without commissions.
In a way, Spread Betting is a derivative strategy, in which participants do not own the underlying asset they bet on, such as a stock or commodity. Rather, spread bettors simply speculate on whether the asset’s price will rise or fall, using the prices offered to them by a broker. Investors align with the bid price if they believe the market will rise and go with the ask if they believe it will fall. Key characteristics of spread betting include the use of leverage, the ability to go both long and short, the wide variety of markets available, and tax benefits.
However, managing risk in Spread Betting is also comparatively easier than vis-a-vis stock market bets. Stop-loss orders reduce risk by automatically closing out a losing trade once a market passes a set price level. Via guaranteed stop-loss orders, you can close your trade at the exact value you have set, regardless of the underlying market conditions. Risk can also be mitigated using arbitrage, betting two ways simultaneously.
Is the stock market considered gambling?
To reiterate: The stock market is trading, not gambling. There are many differences and some similarities, but at the end of the day, it is not actually considered “gambling” to trade stocks.
Is betting real money on finance safe?
Of course! It’s safe if you use the best financial betting sites. If you do your due diligence and stick with our recommendations, you’ll have no trouble having a safe experience with finance betting online.
Conclusion: to Bet or Not to Bet
Financial betting instruments are a type of digital option, with settlement executed in raw money. At any point prior to the settlement date, bets can often be sold, opening up possibilities to bet on the accuracy of a market move within the fixed limits of zero win and maximum potential win.