BetOnFinance Betting Review

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22bet

Withdrawals: 65 methods / up to 15 min tansactions (except for Visa, Mastercard)

TOP 5 in industry by betting market variety

Live broadcasts over 30 000 matches per month

Football Jackpot available

Bonuses and Promotions

Bonuses and Promotions

Usability

In-game statistics for LIVE market (corners, cards, shots, weather)

Esports LIVE VIDEO streams at android/Ios apps

5 ready accumulator betslips (changes daily)

Live chat response under 5minutes

Minimum bet 0.2 EUR/20KES/80NGN only

Annoying Day Acca bar (desktop version)

Hard to find support button in android app

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    The Best Binary Options Broker 2020!
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    Good Broker For Experienced Traders!

22Bet odds on popular football matches are on the level with the market average; however, in other sports, the margins are very attractive compared to many alternatives. Overall, 22bet offers quite generous odds over a wide variety of markets. This especially concerns sports other than the most popular ones (like football, ice hockey etc.), since usually, the rarer the sport is, the larger the margin of a betting site. From what we’ve experienced, the rate of margin growth between sports at 22bet is very customer-friendly.

Disclaimer: your mileage on margins may vary depending on the event.

Overall betting margin:

Mobile

22Bet provides both Android and iOS versions. Mobile version works incredibly fast due to the company`s orientation to the African market with its limited bandwidths. Mobile versions of the bookmaker offer the same functionality as desktop one along with many useful things such as in-game notifications (corners, cards, scores, free kicks, penalties), live video streams for E-sports available in android/iOS apps. When using your mobile, you can bet on all available events, access your betting history, participate in promotions, request support, deposit and withdraw funds.

Read our mobile review and guide for additional details.

Bonuses & Promotions

There are currently 3 running sportsbook offers. Whilst on the surface it doesn’t seem like much, the lack in variety of options might be counterbalanced by their generosity. Is quality speaking over quantity in this case? Let`s see.

They offer a 122USD/EUR (or equivalent currency) first deposit bonus for most of the countries they work in. The bonus has specific wagering requirements: to be able to withdraw it, you have to turn it over 5 times (5x the amount of bonus) on accumulator bets with at least 3 selections that have odds 1.40 or higher each, which can make it quite a challenge for some people. Overall, the requirements are not as strict as they could be, and 1.40 odds have a decent chance to hit.

The second-one is nuts! Weekly 100% reload bonus up to 100Eur. We found some fun strategy on how to exploit it. Its only downside is that you basically have to spend it in 24 hours or it expires. What’s more, you have to roll over it 3 times on accumulator bets that have at least 3 selections with odds higher than 1.40 each. That’s a lot of weekend action!

The third one is a REBATE (cashback bonus). 22Bet returns you 0.3% of all your bets placed during the week. For example, we made 1000 EUR in bets during the week, that would give us 3 EUR in cashback. Of course, 3 EUR is also money, but overall it`s a bad promo, especially for those who bet from time to time with low amounts.

In conclusion, they have one decent first deposit bonus, one amazing regular cashback bonus that requires you to act fast, and one generally worthless cashback bonus.

BetOnFinance – Stock Betting Market | Financial Betting

Bet on the DAX30 Index with BetOnFinance

Now you can bet on Stock Indices such as the DAX30 and the Nasdaq100 without having a fortune in your bank account and without the high risk and complexity that is normally associated with products such as binary options and CFDs.

First Financial Pool Betting Offered in the World
FULLY REGULATED by Maltese MGA

BetOnFinance is the first in the world to offer Stock Market games based on financial pool betting. All of the games have a minimum bet of just €1, which makes financial markets accessible to anyone. With pool betting, the more people who bet, the bigger the jackpot becomes meaning the prize pool can be huge if there is one lucky winner. Some of the world’s biggest horseracing payouts have been done through the pool betting model.

Tax free profits

BetOnFinance’s financial pool betting is classified as a gambling product and not a financial product. Hence, all player profits are tax free at least within the EU. BetOnFinance is licensed and regulated by the Malta Gambling Authority as well as by the Danish Gambling Authority, ensuring a very high quality and a trustworthy experience. Financial products such as Binary options, CFD’s and spreadbetting are all regulated by financial regulators.

How to bet on the Index Games

BetOnFinance offers Index games on the US Nasdaq100 index, the German DAX30 index, the Swedish S30 index and the Danish C20Cap index (with more indices to come).

You bet on how much the index will go up or down within 0.25% intervals. The index games can either be played for the first Half Day or as a Live game.

The Halfday game is open for betting up until 15 minutes before the market opens and the Live game is open half way into the trading day. By enabling betting before the market is open it is possible for players to profit on expected market moves, if you know where the market is heading. This is not possible with binary options, where you can not trade before the market is open and hence you miss out on the first market moves.

For example, if you expect the Nasdaq100 Index to go up by somewhere between 0.30.6% the first half of a day then you have the choice of betting on the range from 0.250.50% or the range 0.500.75% or both. If you are right then you would make a profit. This is not possible with binaries or CFD’s.

Pool betting versus fixed odds

All the games offered by BetOnFinance are based on pool betting, similar to what you find when you bet on horse racing. In pool betting you bet against the other players and not against the house. In pool betting, odds are floating until the pool is closed for further bets. Odds are calculated realtime based on the total amount of bets on each outcome. This can sometimes lead to extremely high odds for outcomes that only a few players has bet on. Recently, a lucky BetOnFinance player took home the whole prize pool of almost €1,000 with a bet of just €1.

Poolbetting versus CFDs (Index trackers) and Binary options

The vision of BetOnFinance is to make financial markets accessible for the man on the street the guy who does not yet have adequate financial savings to invest in the real financial markets. As opposed to CFDs or Binary options, financial pool betting is a good way to get familiar with how the financial markets work, and there are plenty of opportunities to win large amounts of money, but with a lower risk profile. Below we have listed some advantages & disadvantages of BetOnFinance Index pool betting, compared to CFDs and Binary options:

  • Index pool betting advantages:

+ Participate for as little as EUR1 with no further liability
+ Easy to understand, no financial instrument knowledge required (although useful)
+ Transaction costs 10% versus Binary options’ 1525%
+ Tax free profits and no hassle with tax return papers
+ Take advantage of expected market moves before the market opens
+ Low risk, since you cannot lose more than you bet (no leverage)

  • Index pool betting disadvantages:

– Opportunity for higher returns and leverage with CFDs
– With CFDs, large amounts can be invested at any time. Currently the size of the pools at BetOnFinance limits your betting in each pool to around EUR500 or so, but that number is constantly increasing as more players join in since BetOnFinance has just recently launched its offering outside the Danish market
– Binaries both offer games that run over very short and over longer time frames (e.g. 30 sec., 1 min., 5 min., but also longer periods such as 30 min., 1 hour and 1 day games). BetOnFinance currently offers Half day, Full day and Live games all of them running between 2½9 hours
– With Binaries you immediately know your return profile if your are right. You don’t know your final odds in pool betting before the games are closed for further betting.

Briefly about the BetOnFinance – Stock betting concept

Our vision is to “make financial markets available for the man on the street” BetOnFinance uses a pool betting model, where players bet against each other i.e. not against the “house”. Odds are floating until a pool is closed for further bets.

Gametypes:

Stock Race ‐ games, where players bet on which stocks will end up in Top3 or Bo?om3
Index ‐ games, where players bet on, how much a stock index will rise or fall
IPO ‐ games, where players bet on, where the IPO price will end up

Game periods: Half day, Full day and Live
Available Stock markets: US, Germany, Sweden and Denmark
Min. wager: EUR 1
No gearing
Tax free profits for players within the EU

Fixed Odds Financial Betting Reviews – www.betsfortraders.com

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Latest Reviews

“Betsfortraders.com is now sold to IG and Regent. ”

Written on: 11/07/2009 by mikeathome (1 review written)

Betsfortraders.com is now sold to IG and Regent Markets. http://www.cityodds.com now the best fixed odds financial betting site in my opinion.

“The Fixed Odds Financial Betting site has gone. ”

Written on: 11/05/2009 by alan1873 (1 review written)

The Fixed Odds Financial Betting site has gone downhill recently. The margins are much tighter than they were a few months ago… Read Full Review

“Different way of playing the markets! I would give. ”

Written on: 26/09/2008

Different way of playing the markets! I would give this a 9 if this was all fixed. Awful through a mobile web browser – doesn’t really work.
Doesn’t email you when a bet is knocked out, only when you win… Read Full Review

“I’ve made 2,500 quid this week already with Fixed Odds. ”

Written on: 05/08/2008

I’ve made 2,500 quid this week already with Fixed Odds Financial betting. Betting on the stock market is great. Low risk (can’t lose more than your stake) but you can win a lot. I started with 200 pounds about a month ago! Learning about this was so easy, it only took about 15 minutes and I’ve cashed in big time with no prior trading, betting or financial knowledge. Well worth a go… Read Full Review

“Great site, really easy to use straight forward etc. ”

Written on: 27/06/2008

Great site, really easy to use straight forward etc, but I used rawtrader.com the other day. It’s the same principal, same layout but their guide is better, you have to sign up to request it but worth it… Read Full Review

“Fixed Odds Financial Betting www.betsfortraders.com is. ”

Written on: 18/03/2008

Fixed Odds Financial Betting www.betsfortraders.com is a cool site with more to explore and to expect from. Well I like their KISS concept: Keep It Simple, Stupid..not as complex as other trading sites.

Everything is within a click of a button & customer support go through all the way to help though I’m just a virtual trader..

Many variety of trades to choose from too… Read Full Review

“I am a couple of grand up so far, loving the One Touch. ”

Written on: 08/02/2008 by olsenclaudia (1 review written)

I am a couple of grand up so far, loving the One Touch bets! BetsForTraders.com is the best! You can optimise your trades (bets) using their real time slidey bar tools. I have not seen this kind of trading before and it is easy to make money because you build your own bet… Read Full Review

Written on: 29/01/2008 by BeckyBarr (1 review written)

Fixed Odds Financial Betting was recommended to me, and I have to say I can see why. The layout is clear and easy to use, and if, like me, you are a bit daunted by all the different types of bet, the site has a handy “How To” guide to talk you through how to use them all. The site does not expect you to be a financial genius, which for me, was handy. As I’m not keen on the idea of losing money (who is?), I like that the site offers only fixed odds betting, not spreadbetting – so you only stand… Read Full Review

A Player’s Guide to the World of Financial Betting

Financial betting has become increasingly popular in the last years and online gambling sites that offer this type of wagers continue to appear. Financial betting resembles normal sports betting because players still place their gambles on the outcome of an event, using luck, skill or experience to win.

Since financial markets are on a constant move and companies’ shares go up and down all the time, players can choose to place bets on exactly this rise or fall of their values. Anticipating, predicting and betting on the price development is the main part that needs to be respected by bettors.

The connection with real financial markets

It is quite obvious that financial betting is inspired by real stock investment on financial markets, and the financial betting odds should be consistent with the real prices displayed on the exchange markets offered by a bookmaker.

Same way as in sports, it is important to note that 60% of investors consider that understanding what you invest in is a good advice for future generations.

Therefore, to actually be successful in financial betting, a player should have some general knowledge and basic understanding of the underlying principles that animate and support markets’ movements and the additional risks involved.

By using financial betting, one can learn how to trade virtual stocks of products mirroring the real life experience of actually possessing a genuine share in a company.

Differences between financial betting and market investment

There is quite a difference between predicting a financial market’s evolution and actually purchasing trading stocks or shares in a company.

First, when buying shares in a company, you are normally making a long term investment, which is backed up by a previous documentation on the company’s evolution, its strong points and finally by investigating the overall economic context of the market. It goes without saying that when buying shares in a company, every individual hopes for a positive evolution of the company.

As for financial betting, there is the obvious difference that one does not need to purchase any company shares and become a small or large owner in the company. Those participating in such gambling activities do not really possess the assets or commodities they are betting on.

Finally, there seems to be a certain objectivity involved in the fact that one simply needs to anticipate (and make money) by betting on the market rising or fall throughout a given period of time.

Advantages of financial betting

As we mentioned earlier, by analyzing the market evolution, one can take advantage of the main changes that occur, so that positive and negative developments can be used by bettors to their advantage.

To complicate things, those who actually invested in a certain company and bought shares, hoping for them to rise over time, could use the company’s fall to their advantage by using financial betting. Nevertheless, those who are not prepared and do not understand very well the internal dynamics of a market should not move into such activities from the start.

Still, financial betting can be useful for novice traders and long term investors that want to access a financial market and invest large sums of money. It is therefore a good way to teach the necessary techniques to succeed later on when accessing and buying shares on a market.

Additionally, betting on financial markets is tax-efficient and the bettor is not subject to tax laws that apply to investors and traders who need to pay taxes for holding shares. In the end, financial betting is simple and easy to learn for everybody, without all the fuzz and hustle implied by real investment on financial markets.

Types of financial betting

1. Fixed odds betting

This type of financial betting allows players to bet on the movement of a financial market by predicting a share’s (or a trading stock’s) movement – “above” or “below” a certain level – by the end of day (or any other fixed period).

In fixed odds bets, losses are bound to the stake you enter for the selected bet. So, if you have placed $10 on a bet, the money you lose will be $10.

2. Spread betting

Unlike fixed odds betting, in spread betting, players are able to win or lose unlimited sums of money, since there is no single stake to limit losses.

Though spread betting brings more risk, it does contain a high potential for greater returns. By having no fixed odds, spread betting is based only on how much a financial instrument (trading stock or share) goes up or down, so the higher it gets, the more you win and the lower it goes, the more you lose.

Let’s see an example:

The trader or the bookmaker can set a price for the penny increase or decrease.

We have a company’s share price starting at 100p and the spread can be set at 94-95p. If the bettor places a bet on an increase, he could buy at 95p for $100 per penny. So, if the company ends the day at 100p, the 5-point increase reaches $500. On the other hand, if the day ends for the company shares at 90p, the 4-point decrease means a loss of $400 for the player.

If we continue our example without any limit fixed on the possible total win or loss, we can see that only sky is the limit for this type of financial betting. Still, there exists the option to set a limit (agreed with the bookmaker) at a specified amount and limit the virtually unlimited loss or profit.

3. Binary betting

Binary betting is closer to spread betting and the risk of losing more than you have placed as a stake is removed. This happens by offering odds in an index from 0 to 100, where the bet settles at 100 if the event reaches that point and 0 if it does not.

A sum of money is wagered per point on the index. In such a bet type, there are two possible outcomes: to Win or to Lose and you can Buy or Sell a binary set.

Therefore, if one chooses to Buy a binary bet, the selected market level is set to Above at the end of the betting period. If you Sell a binary bet, the selected market level is set to Below at the end of the betting period. But, let’s try to see an example:

To buy a binary bet is to choose to finish above. The spread is: Buy 50 / Sell 40

You choose to buy at 50 for $1/point predicting the price will be higher. In case the price is higher than 50, you win and the market makes up to 100. Total return of the bet is: 100 – 50 = 50 x $1/point = $50 profit.

If the price doesn’t go over 50 that day, the bet makes up at 0. So, your losses are: (0-50) x $1 = -$50.

To sell a binary bet is to choose to finish below: Prices: Buy 50 / Sell 40

You choose to sell at 40 for $1/point predicting the price will fall. In case the price is lower than 40, you win. So, your winnings are: (40-0) x $1 = $40.

Placing a financial bet on a gambling website

There are a number of ways one can place a bet on a financial gambling website. To offer players a taste of this thrilling gaming experience, we have recently integrated BetOnFinance on the EveryMatrix platform. Our client built its own financial game – displaying stock markets from Denmark and USA – and its own gaming website that employs a mix of Server APIs and CMS iFrames hosted on our software platform.

You can notice quite fast that betting on stocks is like betting on horses and you simply have to guess (anticipate, predict, discover, etc) which one will come first or last in the “race”.

Additionally, one needs to understand that this betting type is similar to a live sports betting session: the more people choose to bet on an event’s outcome, the lower its odd will be. To improve the gaming experience, players can bet Live while the market is open.

As we have displayed in our examples above, the player needs to choose between 2 values, one corresponding to Sell (in case the share’s value drops) and one to Buy (in case the share’s value rises). The difference between Sell and Buy is named Spread, that’s why we find Spread Betting as a common buzzword in this type of betting.

Betting online by anticipating the direction of stock prices is a relatively easy way to earn money by analyzing the rise and fall of shares or trading stock. The main advantage in this type of betting is that you can choose to profit from the shares’ move with a rather small investment.

If you are serious about financial betting and want to play for fun or maybe for money, it’s important to learn the basic details about the financial markets’ evolution and the necessary techniques that should be controlled in order to succeed.

At this moment, there are a number of trustworthy gaming websites that can offer a vast array of choices for most players and, as a general rule, we advise participants to start from there and avoid unknown or not so familiar websites. To better understand this game concept, check our client’s How to Play section.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Get Your Sign-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

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