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Bet On Finance - Review
Revealing a New Way To Bet On Financial Markets
Stock Market Pool Betting With Low Buy In & Low Risk
Play High Odds For Big Returns
Stock Market Pool Betting With Low Buy In & Low Risk
Play High Odds For Big Returns
Know Money Markets Inside Out? Or Just Like The Thrill Of Making Great Investments?
There's a new way to turn your passion and knowledge to cash.
With Bet On Finance there's no risky buying of individual shares. If you have an interest in stocks, but want to avoid the risk of losing significant amounts of cash, this is for you.
There's a new way to turn your passion and knowledge to cash.
With Bet On Finance there's no risky buying of individual shares. If you have an interest in stocks, but want to avoid the risk of losing significant amounts of cash, this is for you.
Where To Start
Bet On Finance is a new gambling operator with a unique proposition - an offer for engagement with a new ''online gaming system that aims at merging finance and betting markets to make participation in financial markets possible for everyone''.
In other words, use the Bet On Finance platform to place bets on stock market movements, rather than buying shares.
It's a similar idea to the footballer stock exchange run by FootballIndex, which effectively lets you bet on the value of footballers rather than their teams performance in matches.
It's a Danish company created in partnership with the Denmark-based financial betting software provider, Fibetco. The company is registered in Malta and regulated with the Danish Gambling authority Spillemyndigheden.
Reviews of any service or product are useful for working out if they're valuable, so here we'll review what Bet On Finance is all about.
Billed as a stockmarket betting platform, it's actually an innovative pool betting platform where you're betting against other players rather than against BetOnFinance.
Don't forget that - as with any form of gambling - there are chances you might lose money too. Be cautious, only bet with money you can afford to lose.
Fortunately, at Bet On Finance you can bet on a range of stock market style financial movements for as low as €1.
Reviews of any service or product are useful for working out if they're valuable, so here we'll review what Bet On Finance is all about.
Billed as a stockmarket betting platform, it's actually an innovative pool betting platform where you're betting against other players rather than against BetOnFinance.
Don't forget that - as with any form of gambling - there are chances you might lose money too. Be cautious, only bet with money you can afford to lose.
Fortunately, at Bet On Finance you can bet on a range of stock market style financial movements for as low as €1.
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Copywright Winmoney101.com 2013 - 2020
Copywright Winmoney101.com 2013 - 2020
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The Games
Top3 and Bottom3
Players can bet on which of the 30 selected stocks in each market, traded on the American, Danish and Swedish stock exchanges, will finish amongst the Top3 or Bottom3.
The game periods are Full-Day, which means that you bet before the market opens, and the game is settled after the market is closed, and Live, where you place your bets halfway through the trading day, and the bets are settled when the market closes.
Since you bet against other players, the odds on the most unexpected winner knows almost no limits, and the highest recorded odds in this type of game has been on several hundred times the wagered amount.
Index game
Another game type players can enjoy is the index game, where you bet on what the percentage change will be in the index in question.
Here you can choose between to bet on the American Nasdaq100, Danish OMX C20, German DAX30 or the Swedish OMX S30 - with betting allowed on Half-Day or Live periods, where the former starts when the market opens until mid-day, and the latter from mid-day until the market closes.
This game type is also known for sometimes handing out fantastic odds to the players.
Event games
Lastly, you can also bet on special events on BetOnFinance, such as the market reaction to an earnings announcement, an election result, or a capital markets day. You can even get the opportunity to bet on an elections result, such as the outcome of the American presidential election where BetOnFinance gave the best odds on the market for a Trump win, paying out odds of 8.17.
Webpage
BetOnFinance is accessed through a brand new and state of the art completely responsive HTML-5 page that works as good on both mobile as desktop. Having such a great mobile page also helps to avoid having yet another on your phone.
Registration Bonus
BetOnFinance offers a 100% Welcome Bonus to all players, up to €150, and can be awarded for all deposits over €15. The bonus has to be wagered 5x within 60 days before it can be withdrawn.
When you have used the Welcome Bonus you can also use the monthly 50% reload bonus that tops up your account with another 50% of your new deposit, from a minimum of €15 to a maximum of €100.
This reload bonus has to be wagered 4x within 60 days to be able to withdraw.
BetSchool and How To Play
If you have a hard time understanding any part of the game or any feature of the financial markets, then you can always read the easily accessible How To Play + FAQ and BetSchool articles.
In the FAQ you get an introduction to the game and the answers to common questions regarding for instance pool betting.
In the BetSchool articles, BetOnFinance teaches tips and tricks of how you can become a better gambler on stocks, and helps you understand the market events better.
The BetSchools are found under the “News” section, while the FAQ is found under “How to Play”.
Deposit and Withdrawal
BetOnFinance offers many different ways of depositing and withdrawing money from the site. To deposit you can use Visa credit card, Electron, and Debit, MasterCard, Maestro, E-wallets such as Neteller, Skrill, and bank transfer through Trustly. The minimum deposit is €20.
You get one free withdrawal allowed each month, with subsequent withdrawals costing you a1% fee, or at least 5€. You can use the same method to withdraw money as you deposited, except through Mastercard due to their own rules.
Summary
You'll know I've never covered any form of financial trading on winmoney101 before. It's not normally my bag, and there are some areas which sound downright unscrupulous. That's not the case with Bet On Finance though, and it offers a fairly low risk way of potentially winning some good sums through financial markets pool betting.
One of the problems may be liquidity, but as the platform grows and attracts ever increasing numbers of players, that shouldn't be an issue. Even now you can see that in the recent US presidential betting markets the Bet On Finance return odds on Trump were the best you'd have got anywhere.
Is all looks good, and with welcome bonuses available it's definitely worth a look-in.
For another visual look at what's on offer, take a peak at this video which shows exactly how to play. It's a perfect accompaniment to the introductory video higher up.
What Is Bet On Finance?
BetOnFinance is a pool betting site where you can bet for as little as 1€ on the outcomes of stocks and indices.
Markets include those in the USA, Germany, Denmark, and Sweden, with individual games ranging from a couple of hours to several days.
There are a range of betting options including Top 3 or Bottom 3 company performers over various timeframes, and Index games where you predict the percentage change in indices over similar time ranges.
The video on the right gives a short introduction to the concept of pool-based financial markets betting.
BetOnFinance is a pool betting site where you can bet for as little as 1€ on the outcomes of stocks and indices.
Markets include those in the USA, Germany, Denmark, and Sweden, with individual games ranging from a couple of hours to several days.
There are a range of betting options including Top 3 or Bottom 3 company performers over various timeframes, and Index games where you predict the percentage change in indices over similar time ranges.
The video on the right gives a short introduction to the concept of pool-based financial markets betting.
