Mobile Financial Betting
New Zealand is home to a huge number of betting fans who enjoy punting on their favourite sports betting and races, and now, thanks to financial betting there’s also the opportunity to wager on the world’s financial markets. Financial betting has become increasingly popular and although it’s one of the newer markets it’s certainly pulling in the crowds. Many of the top NZ sportsbooks are offering financial betting and this exciting alternative to wagering on sporting events has captured the interest of those who want to try something a little different.
A completely unique class of betting, financial betting is simple and relatively straightforward, and it’s easy to pick up the ins and outs and start wagering online. Mobile financial spread betting has made it even easier to get in on the action and with the sportsbooks that we recommend you can enjoy this form of financial bets at your ultimate convenience.
Financial Betting Sites in New Zealand
Financial betting is essentially like playing the stock market, only with reduced risk as there’s no expense of purchasing the stock and no chance of losing more money if it shrinks. It’s the ideal compromise and it offers punters the chance to win big or, at worst, lose their financial bets rather than having to shell out more for a stock that plummets. This makes it an incredibly attractive proposition for New Zealanders who enjoy the world of finance but want to cut back on the risky fluctuations that can cause huge losses at random.
Financial betting can also yield results far faster than the buying of stocks can and when you place financial bets you’ll choose to predict whether a stock will grow or shrink, by how much and over what duration of time. The duration of time can be anything from a week to a month or even over a quarter of a year, and often the longer the time period the greater the reward.
Get Financial Bets Types NZ
When enjoying financial betting at NZ mobile sportsbooks you’ll discover that there are 3 main types of financial spread betting and that they vary depending on how the odds are displayed. The 3 main types are:
- Binary Betting
- Fixed Odds Betting
- Floating Odds betting
In binary betting the odds are displayed in an index with 0 being the result if the predicted event does not occur and 100 if it does. An amount is bet per point on the index and payouts are generally only awarded if the result is 100. For floating odds financial bets the odds shift according to the strike price and the changes this undergoes. Floating odds are calculated according to the different strikes and how much is won depends on the financial bets wagered at the odds given. With fixed odds there are no changes and a win depends on how much was wagered upon a certain settlement of the strike price that was predetermined. Binary financial betting is the most popular of these 3 types, bet each offers something unique and exciting.
Bet on Stocks Market using Mobile in New Zealand
Mobile financial spread betting has made it even easier for New Zealanders to try out this market and the sportsbooks that we suggest all offer plenty of opportunities to win with stocks. All you need to do is register with a site that takes your fancy and offers mobile betting for your device, pick a stock, an outcome and a duration and wait and see if you are a winner.