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Financial fixed
odds betting allows you to play the markets with limited risk. Think
of it as betting on a horse - only this horse might be oil, the FTSE, Sterling vs. Dollar or any
other market. And just like betting on the horses, your stake is the most you can lose.
Nothing else lets you get involved with the financial markets with such limited exposure, using a format you understand.
ChoiceOdds offers two types of Financial Fixed Odds:
- the prices (odds) are fixed, but the strike price (the price the market needs to reach for the bet to be "won") is moving.
It might be a 5/1 bet that the FTSE will end below 6301. A few seconds later it might be 5/1 that the FTSE will end further up, above 6305.
- the prices (odds) are constantly moving but the strike price (the price the market needs to reach for the bet to be "won") is fixed.
It might be a 2/1 bet that the Dow will end above 12480. A few seconds later it might be 6/4 that the Dow will end above same level of 12480.
Clearly Fixed and Floating bets are opposites of each other. With Fixed Odds the odds are fixed whilst the strike price moves. With Floating Odds the odds float whilst the strike price remains static.
ChoiceOdds is licensed and regulated by the UK Gambling Commission. License no. 000-002667-R-103780-001