Financial betting– this is another opportunity to make money on the Forex market, both at times of growth and fall of currency rates. Financial betting has some differences from well-known trading. Trading involves making a profit from the difference in exchange rates when buying and selling. Betting is a completely different way of earning money.
The word betting itself is derived from the English bet - bet. A person makes a bet on the Forex market about an increase or decrease in the rate of one or another currency in relation to another. If the forecast comes true, the person receives money.
Financial betting is the best option for beginners in the Forex market and has a number of advantages. Firstly, betting allows you to start earning money even with $10, without requiring a large initial capital. Secondly, the conditions of the forecast are determined directly by the person, and the company accepting the bet calculates the possibility of occurrence and puts forward the amount that it will pay if a particular forecast is successful. Thirdly, financial betting eliminates the possibility of deception by the investor, since the person himself determines the terms of the transaction and can easily check whether his forecast was confirmed.
Betting is carried out using the Betmarket website, which has been operating since 2001 and represents the company accepting bets. To start working on the Forex financial market, for financial betting, you need to open an account on the BetMarket website.
Betting comes down to the following: a person enters the terminal on the Betmarket website, sets parameters (for example, that the euro will increase by 10 points against the dollar in 2 days), after which the program evaluates the parameters and issues the contract amount that must be deposited in order to participate. After 5 days, the person receives money and interest if the forecast comes true.
If you are not confident in your own analytical capabilities, or do not have much experience in financial markets, then you can use trading signals for betting. Players who have achieved certain success are engaged in providing such information for a fee, which provides a certain guarantee of profit. Using trading signals will allow you to gain experience in analyzing the current situation and the opportunity to engage in financial betting yourself in the future.
Source: https://www.site/finansovyi-betting/ - Financial betting
If you are ready to trade on a real account
You open a trading account, fund it with money and start making transactions on the CFD and FOREX markets.
Financial betting is nothing more than financial betting. In this area, just like in the famous Forex market, you definitely need some knowledge, a certain starting capital, and the ability to analyze and forecast.
Of course, in all financial markets, it is not so much the size of financial investments that is of great importance, but the ability to foresee the further development of the situation, using logic and analytical skills to obtain real profits. Without much effort in the stock market, it is possible to lose even the largest deposit, and turn fairly modest amounts into a good fortune. The only difference is in the features of the approach.
Financial betting or financial betting is a good opportunity to start making money online with just ten dollars. The name “betting” comes from the English word “bet”, which translates as “bet”, “bet”.
A prerequisite here is forecasts for a certain event in the foreign exchange market. In case of a correct forecast, you will return both your bet and the due amount of the reward.
The minimum contract amount in financial betting starts from one US dollar. For example, you can bet that the dollar will decrease in value compared to the Japanese yen. Of course, it is worth putting a time limit on your forecast in order to make a profit when the dollar goes down against the yen.
What is attractive about financial betting?
Financial betting is attractive because there is the opportunity to bet on almost any amount, unlike, for example, the popular Forex segment.
In addition, you yourself determine the conditions of your own forecasts, while the company accepting the bet only makes a calculation of the probability of their implementation and immediately announces the profit coefficient that you will receive in the event of a correct forecast.
Financial betting gives everyone the opportunity to earn income both when the market falls and when the market rises. In addition, with financial betting, any fraud on the part of the company is almost excluded, since you determine all financial bets on your own, and whether the forecast was justified or not can be easily checked.
You can often come across the opinion that financial betting is the first step towards real trading in the financial market. After all, with betting there is no need to invest huge amounts of money to check the effectiveness of the chosen strategy.
Simple financial bets will teach you how to work competently with money, which, in principle, is not a big deal. Here you have the opportunity to get real money by investing fairly moderate amounts of money.
Currently, millions of people all over the planet earn profits directly through financial betting. You will probably like this option too.
Provides the opportunity to make a profit in a wide variety of ways. In addition to direct currency trading, a trader also has access to an equally profitable way to make a profit - financial betting. This method allows the trader to make a profit in the presence of both bullish and bearish trends, which is very similar to standard trading. However, financial betting has some features in comparison with currency trading.
What are the differences between financial betting and currency trading?
Standard trading on the Forex market provides the opportunity for a trader to make a profit as a result of transactions for the purchase/sale of instruments. In financial betting, the basis is placing bets on the purchase or sale of one or another currency in relation to another. That is, the trader will bet that the quote of one currency relative to another will rise or fall. If the trader’s forecast was successful and the bet worked, he receives the due reward.
Trading using financial betting is an excellent alternative to standard trading, if new traders want to practice. An excellent advantage of betting is the ability to trade with a small starting deposit.
Responsibility for fulfilling the expected forecast lies directly with the trader. The company that accepts bets determines only the probability of the forecast being fulfilled, as well as the amount of profit if the forecast is successful.
How to start trading using financial betting?
First of all, a trader needs to register on a certain resource, open and fund a real account. Then, by logging into his personal account, the trader places a bet and sets the bet parameters (time and bet size). After this, the company automatically calculates the contract amount required for participation. After the bet time ends, the trader receives the result of his bet. If the forecast was correct, the value of the contract and the profit received are returned to the trader’s account. If the analysis fails, the trader incurs losses and loses the delivered value of the contract. In addition, it should be noted that today some dealing centers provide traders with the opportunity to trade using betting through the MT4 trading terminal.
Financial betting is traded based on standard signals. Such tips develop analytical thinking in a trader and expand the boundaries of making a profit by placing bets. Thus, we can conclude that financial betting is a full-fledged, alternative method of trading on the foreign exchange market.
We will consider these issues briefly here, solely for informational and educational purposes. If you are interested in this topic, then below you can see information on where you can get acquainted with the details. So, first, about the types of bets - the main ones include, perhaps, 4 varieties:
1. Increase / Decrease.
In this case, the bet is made on the fact that after some time, which can be chosen, the rate of the selected financial instrument (for example, Gazprom shares) will increase (or decrease). If the forecast comes true, then we receive income. Otherwise - losses.
2. Above / Below.
Here the forecast is made that after some selected time the rate of the financial instrument will be higher (or lower) than a predetermined price level.
3. Touch / No touch.
The forecast is whether the chart of changes in the exchange rate of a financial instrument will touch (or not touch) a certain pre-agreed price level - also during the selected time period.
4. Inside / Outside.
The behavior of the financial instrument exchange rate for a selected period of time is predicted: the exchange rate, with its changes, will remain within the pre-agreed price range (or will go beyond it).
Now briefly about betting strategies. It’s clear that you can do this business just like that, without any system. But it’s still probably better with the system, at least that’s what experts say. So let's first get acquainted with some simple betting strategies that can be quite successfully applied, taking into account specific circumstances and preferences.
Strategy based on trends, or trend-based.
Forecasts are made in accordance with the existing trend (trend). If the trend of a given financial instrument is upward (the rate is rising), then a bet is made on an increase, and if there is a downward trend, then a bet is made on a decrease.
News strategy.
As you know, there is an established monthly schedule for the release of important economic news. All economically significant countries in the world publish their financial and economic news on strictly designated days of the month and time of day. This factor can be used in two ways: you can place bets either BEFORE the publication of news, or AFTER such publication (for example, these can be forecasts like Higher / Lower, etc.).
Moderate profit.
This strategy can be classified as so-called conservative. In this case, relatively frequent bets are made with a high probability of execution and a low level of potential income (within 10-30%). For example, these could be Inside/Outside forecasts with price barrier levels selected for low margins.
Big profit.
This strategy is classified as so-called aggressive and is characterized by the fact that relatively rare bets are made on forecasts with a low probability of execution and a high level of potential income (from +200% and above). Of course, you can adhere to such a strategy only if the loss of funds does not lead to serious consequences.
The term " financial betting“was first heard on the Runet about ten years ago, when the BetOnMarkets company offered its services in this type of activity. Later there were other bookmakers, whose services have significantly evolved in comparison with the pioneers.
What is the meaning of financial betting?
In fact, this type of activity is the prototype of current binary options trading. For the first time, the principles of trading binary exchange instruments were implemented in betting.
They involve determining the direction of prices for exchange assets, including currency pairs, indices, metals, commodities and shares.
The task of the bettor (betting player) is to purchase a bet based on an accurate forecast of price movements. Upon successful completion of the transaction, he receives a bonus reaching 75-85% of the contract price.
Types of contracts in betting
Initially, the main betting tool was contracts to increase or decrease prices. They were later supplemented by minute contracts, which offered bets with execution within 60 seconds.
Tick contracts are another derivative betting instrument. The bettor is asked to make a prediction and place a bet while a tick chart is shown. The execution of such contracts was completed within a period of up to one minute.
More complex betting tools appeared later and became the basis for the creation of binary options such as “One Touch”, “Two Touches”, “Steps” and some others.
Betting Service Providers
The intermediary structure, and at the same time the organizer of bets in betting, are companies operating on the principle of bookmakers. They provide online display of trend charts. But often they do not provide access to any analytical tools, thereby turning betting into a kind of gambling.
However, more progressive betting bookmakers give their players the opportunity to conduct technical analysis. However, the imperfection of trading platforms, slow communications and not always correct execution of bets complicate the process of correct analysis.
The difference between betting and forex trading
The main advantage of financial betting is a simplified betting and analysis system. There is no need to predict expected trend reversals, its volatility, trend strength and other characteristics. There is also no need to determine levels and lines of resistance or trend support.
Moreover, all bet parameters are known to the bettor at the stage of purchasing contracts. This is a fixed premium amount, a clearly defined bet execution time, and the size of the risks.
Is it worth playing betting?
Everyone must decide for themselves how promising such an activity is, and how justified the bets and profits from them will be.
As entertainment, betting tools are quite suitable for owners of small capital who are ready to sacrifice it without any diversification and minimization of risks. Those who are interested in a stable income would be better off looking at binary options, where there are more opportunities for analysis, practical trading platforms and effective trading strategies developed to apply to a variety of categories of binary options.