Many people associate bookmakers exclusively with betting on sporting and socially significant events, where you can win some money if you are lucky. However, the world does not stand still and many betting platforms offer customers new markets, such as financial betting. What financial betting is and how to play in the black on financial betting can be found in this article on betwinner nigeria.
What is financial betting
Financial betting is a symbiosis of betting and the stock or currency market. To win a bettor bets on the price change of a security, an energy resource or a currency rate at a given point in time.
To put it in context, a bettor offers to guess whether the price of the currency pair GBR/USD (British pound/US dollar) as of 15:00 will be higher or lower than a certain value, for example, 1.232. If the bettor predicts the movement of the quote correctly, the bet will be played and he will get a win, if wrong, he will get a loss. If there will be no change as of the selected time - the bet will be calculated as a refund.