Mobile Financial Betting India
For most people, the National Stock Exchange is not a place one immediately looks to for betting opportunities. It may seem strange, but mobile financial betting is becoming one of fastest growing online betting markets in India. Every day, local and international financial markets are constantly changing. News from around the world changes the value of major companies which impacts the market indices and ripples through to the commodity and currency markets. This constant shift in prices provides bettors with a unique and innovative betting opportunity. With mobile betting, a bettor can go online and place a bet on whether a particular stock will grow or shrink from one day to the next.
The Basics of Mobile Financial Betting
Financial betting is unique and specialised type of betting market. While most betting markets are handled exclusively by sports bookers, financial online betting is also handled by specialised financial brokers. In India, when a bettor participates in a financial bet, 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 bets to choose from, namely Binary betting and Fixed Odds betting.
Fixed Odds Mobile Financial Betting
Fixed Odds financial betting allows bettors to bet on the movements of various financial markets. Essentially, bettors 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 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 betting an ideal introductory betting style for those who are new to this particular betting arena.
Binary Mobile Financial Betting
Binary Betting is a little different to fixed 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 Know Before Mobile Financial Betting
In some ways, financial betting is like playing the stock market without the risk of losing more money than you put in. Unlike finance trading, if a market drops below the level or your initial investment, you only lose your initial betting amount. Betting on financial markets can be quite tricky. In order to get the best results a bettor must analyse the historical data of the market he is betting on. In addition a bettor needs to take in consideration current affairs and global markets.
If you have always wanted to give mobile financial betting a try, you are in luck. To make it easy for you we have created a list of the best online and mobile betting sites India has to offer, and with just the tap of the screen you could be ready to sign up with a renowned bookmaker.