Mobile Financial Betting
For many Australians, online and mobile betting is a fun and easy way to bet on their favourite sport and maybe make a bit of money. For most people, betting on the stock market is not something they would immediately think of doing. Financial betting is certainly smaller betting market than rugby, cricket or horse racing betting, but it is defiantly a growing market. Every day stocks rise and fall with millions of people trying to predict their outcome. It would make sense then that online bookmakers would offer Australian’s the chance to financial bet on which stock they think will go up and which stocks will fall.
About Financial Betting Sites
Financial betting is different to many betting markets in that it can be done through various financial betting sites but is also handled by specialised financial brokers. When a punter participates in financial bets, they are essentially predicting what a stock is going to do in the future. The bettor can try and predict whether the stock will go up or down and by how much. So how does financial betting work? The first thing to know is that there are two main types of financial bets a punter can choose from, namely Binary betting and Fixed Odds financial betting.
Fixed Odds Financial Betting
Fixed Odds financial betting allows punters to bet on the movements of various financial markets. Essentially, punters will have the opportunity to bet on whether a particular financial market or stock will finish above, at or below a pre-determined market level within a selected time period. This time period could be as short as five minutes or could extend to Hourly or Daily fluctuations. Fixed odds financial bets pay a fixed amount on expiry and losses and are limited to the value of a bettor’s total stake. This makes fixed odds financial betting an ideal introductory betting style for punters who are new to this particular betting arena.
Binary Betting is a slightly different to fixed financial betting odds and leans slightly towards the world of spread betting, but without the risk of losing more than your bet. In a binary market, one of two outcomes are possible, these being either WIN or LOSE. These are represented by 0 or 100. You can either buy or sell a binary bet. If you are buying a binary bet, you are selecting the market level to finish above the line at the end of your selected betting period. If you are selling a binary bet you are selecting the market level to finish on or below the line at the end of your selected betting period.
What to About Financial Betting
Financial betting has all the perks of playing the stock market without the threat of losing massive amounts of cash. Like any online sports bet, with stock market betting a punter only loses his initial betting amount. That being said, before putting down any sizable financial bet, a punter should have a keen idea of how that particular financial market has performed in previous days or weeks. It is also important to note that major global news events dramatically effects both local and international financial markets. If you are keen to try your hand at financial betting, you can find the best Australian mobile sports betting sites listed, reviewed and rated right here.