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 | Gambling Site | Deposit Bonus | Get Started | |
#1 |
![]()
BetUS
|
125% Up To $2,500 | Visit Site | |
#2 |
![]()
BetOnline Sports
|
50% Up To $1,000 | Visit Site | |
#3 |
![]()
Bovada Sports
|
50% Up To $250 | Visit Site | |
#4 |
![]()
SportsBetting.ag
|
50% Up To $1,000 | Visit Site | |
#5 |
![]()
MyBookie
|
50% Up To $1,000 | Visit Site |
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.
Fixed Odds
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.
Binary Options
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.
Digital Options
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.
you’ll win your wager. It’s as simple as that!
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.
Touch Options
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
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.
collect your winnings!
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.
Turbo Options
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.
One-Touch Options
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.
$1,300 when the bet ends!
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.
Five-Ticks Options
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
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.
Due to the added complexity of spread betting, we do not
recommend this type of wager for folks that are newer to financial betting.
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.
Currencies
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.
Indices
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.
Stocks
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.
Commodities
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.
Quality Customer Service
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 contact methods to reach their team.
The more ways that you can contact 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.
Bonuses and Promotions
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.
Competitive Lines
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.
Variety
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.
Banking Options
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.
User Interface
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.
I’m New to Betting on Finances Online. Where Do You Suggest I Start?
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.
How Can I Move My Money Onto and off of These Financial Betting Sites?
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.
Are Financial Betting Sites Safe?
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!