Financial betting.

The variety of stock exchange speculation is simply amazing in the number of options offered, in addition to division by type of assets (currencies, stocks, metals, commodities), there is also a division by methods of conducting transactions. Sometimes they resemble bets in a casino or bookmaker.

Financial betting refers to one of the types of such transactions; its essence lies in the fact that the trader must guess the value of an asset after a certain period of time.

For example, you claim that the price of gold in an hour will be higher than at the moment, if your forecast is confirmed, you receive a reward, if unsuccessful, you lose most of the bet.

In financial betting, a rather interesting approach is used when calculating the amount of remuneration; the company organizing the process independently calculates the probability of the forecast and, depending on this, offers the amount of remuneration, and the trader decides whether to accept the proposed option or not.

That is, for example, if during an uptrend you assume that in an hour the euro/dollar exchange rate will rise, then you will receive only 50% of the amount, while with the opposite forecast you can get the full 150%.

The betting process in one of the types of financial betting - binary options trading - is organized much more simply.

Here, the amount of reward varies only from the duration of the forecast; the less time until completion, the lower the amount of reward.

For example, for a bet on the euro/dollar exchange rate that will work in an hour, you get 85% of the profit, and if you bet for one minute, then only 70%.

This topic is covered in more detail in the article “ Trading binary options ”.