What is Financial Fixed Odds Betting?
Fixed odds financial betting offers a tax free (for UK), flexible and innovative alternative to trading the financial markets. With fixed odds betting you can bet on the financial markets knowing exactly what you stand to gain or lose from the outset meaning you have no nasty surprises or margin calls. Whilst Fixed odds financial betting has been available for over 11 years many have still not caught on to what a great product this is.
A Financial fixed odds bet is a bet which pays out a fixed amount if a predicted event occurs within a specified timescale. Financial bookmaker Betonmarkets.net offer bets from 1 minute to 12 months with most bets being placed on fairly short term outcomes.
If the predicted event does not occur within the duration of the bet then all you lose is your original stake (again a fixed amount). The events that you can bet on are more varied with financial fixed odds betting than with other forms of trading such a spread betting. Not only can you bet on the market going up or down, you can bet on the market not going up or not going down, you can bet on the market staying within a range or not staying within a range and much more. Most fixed odds bets can also be sold back before expiry allowing you to recoup some of your stake if the bet is going against you or take profits before the expiry.
Financial fixed odds betting is the simplest way to trade the financial markets. The bets are flexible, transparent and easy to understand. If you’re not familiar with trading then fixed odds betting is a great place to start and betonmarkets offer a free virtual account with $10,000 of virtual money to test your ideas using real prices. If you’re an experienced trader then fixed odds betting will be a valuable addition to your investing toolbox with many traders combining Financial Spread Betting and Fixed Odds.
Choose your own risk levels and payouts
With financial fixed odds betting you can choose the parameters and decide how big or small the payout is. For each bet you decide the amount you wish to win, when you want the bet to finish, the bet type and the market levels. The odds are then calculated and displayed on screen along with the amount you need to stake.
You can then decide to either place the bet or tweak the parameters all in real time. Bets are a priced using options models such as Black Scholes however you don’t need to worry about learning complicated option pricing models as the website does all this for you. Simply but the more likely an event will happen the lower the odds and lower the return, of course you are also taking a lower risk and more likely to be paid out. If the event has little chance of happening especially in a short time frame then the odds will offered to you will be much higher leading to a big payout. Experienced trades tend to mix and match risk and reward.
Markets you can trade
Betonmarkets.net offer a wide range of markets to trade including major currency pairs such as Euro/$, EUR/JPY, USD/JPY and AUD.USD to name a few. Major stock indices such as Dow Jones, FTSE100, NASDAQ 100 and Hang Seng. Stocks such as Apple and Google. Betonmarkets.net also offers bets on Gold which have been popular of late.
Profit in all markets
With a wide range of innovative fixed odds bets you can profit in all market conditions whether the market is going up, down or trading within a range. Further still, you are not limited to simply picking the direction of the market; you can bet on picking the highest point the market trades at in a certain period, or you can bet on the market reaching (or not reaching) a certain level. Bets such as Touch or No Touch, Higher or Lower and In or Out offer some unique why to profit which are not available with Financial Spread Betting.
Small and Big clients welcome
A great feature of fixed odds is that small clients are welcome with bet sizes starting from as little as £2 total risk to over £25,000. Account can be opened in £, US$, Euros and Australian Dollars. You can fund your account via a credit card, debit card, bank transfer and other electronic payment services meaning that you can easily set up an account even without a credit card.
To learn more about how to profit from Fixed Odds Financial Betting and Spread Betting then go to www.thefintrader.net Vince Stanzione is the author of the new ebook Making A Fortune From Fixed Odds Trading which is included with Making Money From Financial Spread Tarding.