Best Financial Betting Sites
Financial betting, which is quickly growing in popularity, is one of the hottest trends right now in the online betting industry. With financial betting, you're able to place wagers on the movement of financial assets and instruments using a financial betting site. As an example, you could place a wager that the value of silver is going to drop in the next hour. Financial betting sites offer clients a wide variety of bet types to choose from.
If you're new to financial betting, our guide will help give you a good understanding of what it is, where to do it, trusted sites, and much more. In the sections below, we've gone into detail so that you'll be able to gain solid knowledge about financial betting and financial betting sites. Now, let's get into it!
Our Recommendations for the Most Trusted Financial Betting Sites
Using extensive research and our deep knowledge of the online betting industry, we've compiled a list of our most trusted financial betting sites below. We've done in-depth research on each one of these sites in an effort to make sure that they are trustworthy. As well, we've made sure that they provide clients with good customer service and a good amount of financial betting variety. If you're ready to start placing financial bets today, this list can serve as a great starting point for you. We've done the homework for you so that you don't have to.
If you're new to financial betting sites, we understand if you're not quite ready to dive into placing bets just yet. Lucky for you, this page is loaded with useful information that will help you learn a ton about financial betting sites. Keep reading to learn key items, such as financial betting 101, site criteria, and how to stay safe.
|Rank||Financial Betting Site||Sign Up Bonus||Get Started|
|#1||SportsBetting.ag||50% up to $1,000|
|#2||BetOnline||50% up to $2,500|
Financial Betting 101
Financial betting gives you the opportunity to place wagers on the movement of financial assets, markets, and instruments. What's great about financial betting is that you're not actually buying the asset itself. Instead, you're simply placing a bet relating to if that asset will move up or down during some set period of time.
On a financial betting site, you'll find three different main types of wagers that you can place. You can choose from fixed odds, binary options, or spread betting. We'll cover each of these bet types in more detail below so that you can determine which one might be the best fit for you.
If you're a newcomer to financial betting, fixed odds are a great place for you to get started. What's nice about fixed odds financial bets is that they are rather easy to understand, and they have a lower risk than the other two options. If you're into sports betting, fixed odds financial betting will come very naturally to you, as they function very similarly.
For a fixed odds wager, you'll be placing a bet on if a financial asset will reach a certain preset price within a set amount of time. For example, you could place a wager on what price crude oil will move to within the next 2 hours. The financial betting site will show you a list of price options to choose from. The more likely that a price is, the lower your potential payout will be, and vice versa.
If you'd like to take things up a notch from fixed odds bets, you can consider trying out binary options. With a binary option, you'll be deciding if a financial asset or instrument will be moving up or down in value during a set time period. The big difference between binary options and fixed odds is that you don't have to pick an exact value for a binary option. In total, there are six main types of binary options to choose from. We've detailed each one of these below so that you can determine which ones might be a good fit for you.
The most popular type of binary options on financial betting sites is digital options. For a digital option, you'll be deciding if a price for some form of financial asset will move up or down by the time that the wager expires. As an example, you might place a wager that you think Microsoft's stock will move up in value by the end of trading on that particular day.
What's nice about digital options is that you don't have to be overly savvy to get in on the action. Instead of having to buy a stock and hold it in the hopes that it goes up over time, you can act and see returns much faster if you're able to pick correctly. On financial betting sites, you'll be able to place digital options on a wide variety of financial instruments. We'll cover things that you can bet on in more detail in the next section.
Another type of bet that you can place on a financial betting site is a touch option. A touch option is more specific than a digital option. When it comes to touch options, you must determine if the financial asset will reach (touch) a certain high or low price before the bet expires. For example, you could place a wager that says you expect Bitcoin's price to reach $6,500 or $6,200 before the end of the day. If Bitcoin at some point reaches $6,500 or $6,200 during your wager period, you'll win your bet.
It's worth pointing out that your asset doesn't have to end at the touch value when your bet expires. As long as the asset reaches the high- or low-end touch values before the bet expires, you're in the money. While touch options are a bit more complicated than digital options, they are another great way for you to participate in the action on financial betting sites.
Range options are another type of binary option that you can place on a financial betting site. When it comes to range options, you'll place a wager relating to if a financial asset or instrument will expire within a preset range or not. For example, you could place a wager that you think the Dow Jones Industrial Average will end somewhere between 23,500 and 23,700.
Range options are definitely a bit more complex than both digital and touch options. Because your asset will need to end up within a certain range, you'll want to have a good understanding of the financial asset or instrument that you're betting on.
If you're looking for faster-moving action, turbo options might be a good option for you to consider. Turbo options are very similar to digital options in that you'll be betting on if a price will move up or down during a set time period. The main difference between digital options and turbo options is that turbo options happen very quickly over short periods of time.
Typically, when it comes to a turbo option, you'll be deciding if the value of the assets will move up or down over the next five minutes. What's nice about turbo options is that you get results fast. Instead of having to wait days or hours as you do for a digital bet, you can have your answer within 5 minutes. Consider trying out turbo options if you enjoy digital options and are looking for a little bit more excitement.
A one-touch option is a variant of a traditional touch option. The main difference is that with a one-touch option, there is only one touch price, as opposed to a traditional touch option that offers two touch prices. For example, you could place a wager that gold will reach $1,300 an ounce at some point during your bet period. As long as the value of the gold touches $1,300 at some point, you'll win.
Since there is only one price with a one-touch option as opposed to the two from a touch option, these wagers can be a bit harder. The nice thing about a touch option is that you have some flexibility if the asset moves up or down. One-touch options are riskier because you'll only have one touch price that has to be reached in order for you to win your bet.
If turbo options are too slow for you, then perhaps five-tick options might be more your speed. For a five-ticks option, you'll be betting on if an asset will move up or down in value in just five ticks. If you're unfamiliar, a tick is a move in the price of a financial asset. In some cases, an asset can move several ticks within a matter of seconds.
As an example, you could place a wager that you think Amazon's stock price will move up over the next five ticks. In most cases, your bet will be expired within a matter of seconds. For most financial assets, five ticks don't last long, so make sure that you're ready for things to move fast if you decide to bet using five-ticks options on a financial betting site.
Spread betting is the riskiest type of financial betting out there. In spread betting, you'll not only be deciding which direction the financial asset will be moving in, but you'll also have to determine how much it will move. Due to this added layer of complexity, spread betting involves more risk, but also offers higher payouts if you get it right. For example, you could place a spread bet that the NASDAQ Composite Index will move up to a value of $7,000 at some point in the future.
What Can I Bet On?
Typically, you'll have four main options for financial instruments that you can bet on using a financial betting site. Those four options are currencies, indices, stocks, and commodities. Below, we'll discuss each one of these financial instruments in more detail so that you can learn which ones might be a good fit for you.
One of the most popular financial instruments to bet on is currencies. When you wager on currencies on a financial betting site, you're actually betting on currency movements. Often, you'll be deciding if one currency will decrease or increase in price relative to another currency. For example, you might place a wager that the USD will increase in value relative to the EUR.
What's nice about financial betting sites is that you'll find a nice variety of major currencies offered. You can place wagers involving currencies such as the GBP, EUR, USD, and JPY. In some cases, you'll also find options that include some of the cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Most financial betting sites make it very easy to place bets on currency movement, and these types of bets can be a great starting point if you're new to betting on financial instruments.
Another option when it comes to betting on financial instruments is to bet on the movement of major stock indices. A stock index is a way to measure the value on a portion of the stock market. It essentially creates a hypothetical portfolio with the goal of representing a large market or sector as a whole. The odds are that you've heard of major stock indices including the Dow Jones Industrial Average or the Standard & Poor's 500.
On a financial betting site, you'll be able to place a wager relating to the movement of that index. For example, you might place a wager stating that the Standard and Poor's 500 will move up from its current price. If you pick right, you'll win your wager, and of course, if you pick wrong, you'll lose your bet. You'll find all major stock indices available for wagers on financial betting sites, so you'll have plenty of betting options to choose from.
Similar to a stock index, you can also bet on the movements of individual stocks themselves on a financial betting site. Instead of betting on an entire index of stocks, you can make wagers relating to how stocks will perform on any given day. As an example, you could place a wager if you think the value of Volkswagen's stock would move up or down that day. In order to win your bet, you'd just need to pick the correct one. What's nice is that you don't have to know specifically how high up or down the stock is going to go. You just need to guess if it will move up or down.
It's worth pointing out that when you bet on a stock by using a financial betting site, you don't actually buy the stock. Unlike traditional company stock investing, you're just placing a bet on the movement of the stock, as opposed to buying and holding shares of the stock. This is an important distinction to make, as most people are used to the traditional fashion of buying a stock and holding it for some set period of time.
The final type of financial instrument that you can wager on is commodities. Commodities are raw materials or agricultural products that can be bought and sold. Samples of commodities include items such as coffee, gold, and sugar. Similar to an individual company stock, commodities themselves see their value fluctuate on a daily basis depending on supply and demand.
On a financial betting site, you can place wagers on commodities. Like the other financial instruments mentioned above, you'll be selecting how the value of your chosen commodity will perform that day. For example, you might decide that you think the value of copper will decrease that day. If you place that wager and copper's value does decline that day, you'll win your wager.
As you can see, there is a pretty good variety of financial instruments that you can bet on by using a financial betting site. What's nice about the variety of options is that it allows you the chance to diversify your bets across many different types of assets so that you don't have all of your eggs in one basket.
Important Financial Betting Sites Criteria
In this section, we'll discuss important criteria that you should look for in a financial betting site. If you're new to financial betting, these are all important things that should be on your checklist. Below, we'll discuss each one of these important criteria in detail so that you'll know what to be on the lookout for.
One of the most important things to locate when it comes to financial betting sites is one that offers top notch customer service. No matter how good a site might seem at first, you're playing with fire if you end up on a site that doesn't offer you quality customer service. While we hope you'll never need to use it, quality customer service is good insurance for when you have an issue or question that you need assistance with.
Look for a site that offers you multiple methods to reach their team. The more ways that you can a site, the better. We always suggest that you test drive a site's customer service yourself. It's as simple as calling in, sending an email, or starting a live chat on the site. Pay attention to how fast they help you and how good their assistance is.
One thing that you should know if you're new to betting online is that online sportsbooks and financial betting sites often offer some pretty solid bonuses and promotions. These bonuses and promotions can be a great way for you to earn some extra cash in your account. Often, you'll find some great welcome deposit bonus matches on a financial betting site that are only for new clients. These bonuses and promotions can often amount to thousands of dollars in free cash if you take advantage of them.
Our suggestion is for you to shop around and find a trusted financial betting site that offers you the best bonuses and promotions that fit your needs. Unfortunately, bonuses and promotions are not all created equal, and vary at different financial betting sites. It's up to you to do your homework and find a site that works for you. If you're not sure where to start, be sure to check out our list of most trusted financial betting sites at the top of the page to find some great sites with killer bonuses and promotions.
If you're used to wagering on sports by using online sportsbooks, you're probably used to shopping around for the best odds. We suggest that you do the same when it comes to financial betting sites. While we often find that most financial betting sites are in line with one another, sometimes you find a site that offers better odds on the same type of wager than you'll find anywhere else. By checking a couple of different financial betting sites before placing your wager, you might be able to come out ahead with more cash in your pocket if your wager wins.
Something else to consider while you're searching for your financial betting site home is their variety of financial betting options. We're huge fans of sites that offer a large variety of options, since it gives clients the room to grow. Even if you're only doing a certain type of financial betting now, it doesn't mean that you won't want to expand into other areas in the future.
If you limit yourself to a financial betting site with limited options, there is the potential that you would outgrow it at some point. While this isn't the end of the world, we're all about efficiency here and we'd rather you find a good long-term home for your financial betting needs. Your goal should be to find a site that offers you as many financial betting options as possible.
In order to place real-money bets, you'll need to be able to get funds onto a financial betting site. What's important is that you find a financial betting site that offers you banking options that fit your needs. You'll find that banking options vary greatly between sites, so it is up to you to locate one that offers your preferred methods of banking.
Our suggestion is to locate a financial betting site that offers a wide variety of banking options for deposits and withdrawals. We don't suggest sites with very limited options unless the limited option is your go-to banking preference. For example, some betting sites only deal with Bitcoin for their banking. But at the end of the day, a site with more options gives you greater flexibility.
The last important criteria that we suggest you search for when it comes to a financial betting site is their user interface. As you shop around for a potential financial betting site home, you'll find that each one will operate differently. Often functionality such as how you sort, search, and have your odds displayed will be different from site to site.
Your goal should be to locate a financial betting site that has a user interface that allows you to quickly move about the site and find what you're looking for. When it comes to user interface, the old saying, "different strokes for different folks," is very true. Therefore, a site that your friend likes might not be the best fit for you. The best way to test out a site's user interface is simply to poke around on the site and see how it feels to you.
Frequently Asked Questions
For your convenience, we've compiled some of the most frequently asked questions that we receive from readers about financial betting sites. Be sure to check these out, as you might have these same questions yourself.
We always suggest that people start their betting journey by doing some homework prior to wagering a single cent. You've already found a great starting point by ending up on our site and reading this page. Our site is built to help people by offering them lots of useful information about betting online.
While doing your homework, you'll want to start by understanding financial betting itself. We've included a great 101 section on financial betting toward the top of this page. This can serve as a great launching pad if you're new to financial betting. Be sure to check it out if you have not already done so.
After getting a grasp of financial betting itself, you'll then want to find yourself a trusted site to place your financial wagers. We've provided a list at the top of this page that includes our most trusted financial betting sites. We've done the homework to save you the time from having to do the research yourself. If you don't already have a financial betting site home, these are good choices, as each of these sites is a trusted site that will take good care of you.
The vast majority of financial betting sites will offer their clients several banking options to choose from for deposits and withdrawals. You'll find that the selection will vary from site to site. That being said, most of these financial betting sites will take major banking options such as credit cards, bank wires, and check. In some cases, a financial betting site might also offer you banking options that include Bitcoin, Skrill, Paypal, or Neteller. Ultimately, you should seek to find a trusted financial betting site that offers you the ability to bank in your preferred banking option.
It is worth noting one other thing about deposits and withdrawing funds from a financial betting site. We always suggest that you understand a site's deposit and withdrawal fees before you deposit any money on that site. Banking fees can vary greatly between financial betting sites. By getting a good grasp on any associated banking fees, you can make a more informed choice about which site might be the best fit for your needs.
Betting on a financial betting site can be very safe. That being said, it is important that you do some homework yourself to make sure that you find a trusted site to place your wagers. Assuming you've done some homework by using a site like ours, you'll be on the right track to a safe betting experience. Unfortunately, there are some bad sites out there, and we see folks that didn't do their homework get burned from time to time. Do yourself a favor and become an informed individual on financial betting sites. A little bit of time and research can save you a ton of headache down the road!