1. A
2. B
3. C
4. D
5. E
6. F
7. G
8. H
9. I
10. J
11. K
12. L
13. M
14. N
15. O
16. P
17. Q
18. R
19. S
20. T
21. U
22. V
23. W
24. X
25. Y
26. Z

Financial Betting

Financial betting is betting on a financial market or instrument. This might be the FTSE, Wall Street (also known as the Dow), a currency pair such as £/$, $/¥, €/£, a commodity such as Brent Crude Oil and so on.

Financial betting can take many forms: financial fixed odds, binary betting, and spread betting. Technically, buying and selling shares or bonds is considered "trading", though anyone who has lived through a Dotcom boom or the CDO-inspired corrections of 2007 will know otherwise.

Financial fixed odds is, simply put, like betting on the horses only with markets. Will the FTSE be Up or Down in the next 5 minutes? How much will the FTSE be up? How much will Wall Street be down?

Pricing is the same as with the horses, 2/1, Evens, 7/2, and the like. The bet is placed and the outcome waited for.

Another popular form of financial betting is binary betting. Here the pricing may look slightly more intimidating but don't be fooled - many think it's easier.

With binary betting, bets are priced 0 to 100. However, far from being some complicated algorithm (whatever they are) the price merely reflects the percentage chance of the event occurring.

For example, if the bet is "The FTSE to end up at the end of the day" and the price is 78-82 then we are saying that we believe there is an 80% chance of the event occurring. Buy if you agree, sell if you don't.

If you show a real affinity for financial betting then who knows - you might even end up running a pension fund.

Back to "Glossary"

Open Account