Betbrokers latest

Online poker and sports betting may be all the rage, but there is solid profit still to be made in the financial betting markets, and a new site built around a fixed odds dealing system offers plenty of  play.

Betbrokers, the UK’s first broker and clearing house for the betting industry has announced the launch of www.BetBrokersBinaries.com, offering clients the facility to bet on stocks, indices and foreign exchange at fixed odds.

Betting on the financial markets is simple. Like betting on a sporting event, punters decide where they think the market is going and are quoted odds on the event occurring.

For example, if you thought that the FTSE would fall by 50 points in the next three days you would be quoted odds of 3 to 1. Winning a 300% profit if you were right, but losing only the stake if not.

BetBrokersBinaries.com features a real-time, dealing system which lets clients choose from a range of different types of fixed odds financial bets. From the simple Binary Bet to the popular One Touch bet which pays out immediately when the market hits the level (strike price) you say it will.

BetbrokersBinaries.com allows you to build your own stock market bets simply choosing the bet type, the market, whether it will rise or fall, how much you would like to win, and how long you would like the bet to run for.

BetbrokersBinaries.com is fully licensed and is commission and tax free (under UK law, tax laws can change).

Wayne Lochner, Betbrokers Chairman and CEO was the man behind the idea, he said ‘We are very excited to be the first in the UK to have acquired the use of this powerful, cutting-edge technology. My vision has always been to transfer financial trading know-how to the betting arena’.

‘This technology will help us to achieve our long term strategy of providing a holistic betting model for the rapidly globalising betting industry.’