Introduction to BetOnMarkets and Fixed-Odds Trading
BetOnMarkets is a fixed-odds betting site which you can use to back your opinions on many different financial markets.
These markets include currencies, UK and US shares, indices (like the Dow Jones and FTSE 100) and Gold.
Like a traditional bookmaker, your risk is strictly limited to your stake so, unlike spread-betting, the most you can lose is the initial cost of the bet (the Premium).
BetOnMarkets differs from a traditional bookmaker in that you may be able to sell your bet early to make a profit.
For example: You buy an "Expiry" bet to back your theory that in 4 weeks the Dow will be above 10,500. Two weeks after buying your bet the Dow is at 10,600. Your bet will now be worth more that the premium you paid for it and so you can sell it back to BetOnMarkets for a profit.
These fixed-odds bets are sometimes referred to as "digital options". This is due to the fact that on expiry, the bet is either worth the full payout (1) or nothing (0).
The advantages of using BetOnMarkets are numerous:
Your maximum loss of any one bet is strictly limited to your premium (the cost of your initial bet).
There are many markets to choose from, 50+ at the time of writing with more being added all the time.
All profits are tax-free under current UK betting legislation (although it must be noted that this is subject to change).
There are no fees or commissions to pay
Different bet types mean you can trade and win whether markets are rising, falling or trading sideways (in a range)
Placing a bet takes seconds and you can tailor each bet to your specific requirements
Bets can be placed with as little as £1 up to a maximum of £50,000
A free virtual £10,000 account is available for demonstration and testing purposes
Account opening is quick and free
A free £10 bet is available subject to depositing £50 or more. For details of how to obtain this free bet, please use the Contact form on this site.
Like spread betting and other forms of trading, you can place orders on your market positions to limit your losses or take your profits early.
Excellent charting facilities are available including real-time forex charts.
To open an account, please click on the following link:
Next Page - Markets you can trade at BetOnMarkets