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How to Trade at BetonMarkets

BOM Wagers Part 1 • BOM Wagers Part 2 • BOM Wagers Part 3

EUR/USD Breakout

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BetonMarkets Trading Part 1: Intraday Wagers

A Wager, which is commonly known as bet or stake, is a contract in which two or more parties agreed to paying an amount of money based on the outcome of a defined event. BetonMarkets offers different types of wagers all based on events defined as financial market movements. Some of these can have their outcome the same day you place the bet. These are known as intraday wagers. There are five different types.

Flash Bet. This bet gives you the opportunity to take advantage of almost immediate market movements. They are basically bets on upticks.

In the situation of four minute betting, you place your bet at 14:00:26 GMT that is considered as the start time. Outcome is determined on the next click after the start time, supposedly the next tick happens at 14:00:28 at the value of 121.36 – this tick is called the Entry time and value. By 14:04:26 which is the end time the next tick will determine the exit and calculate your price of winning. At 14:04:28 next tick happens which shows the Exit time and value of 121.32. Since the result shows that the market has risen, you receive a full pay out.

Intraday Up. This bet presents an opportunity to bet that the market rises or falls between two specific times during a current trading session. As a player you will select the starting and end time of the bet and there will be a minimum percentage amount settled on during the time of the play. If the market rises by the minimum percentage amount between the start and end of the bet then you receive your payout, otherwise the bet ends without a value (even if the market rises less that the minimum percentage amount).

Example. In an Intraday Up play start time of 11:00 and end time of 16:00, the value of the market by 11:00 is 116.10 (minimum percentage amount is 0.03% of 116.10). The market should rise by 0.03483 which should be higher than 116.13 (rounded to the nearest tick) by the end time of 16:00 for you to get a payout.

Double Up. This is a bet that the market will rise or fall between the time you place the bet and the expiry of the trading session. It’s a double or nothing bet with a small spread to have to clear to be considered a winner.

Super Double. Is the for the development of the market at three specific time points during the trading session. This play gives an excellent payout, returning four times the amount wagered. You need to be correct twice in order to win.

Example. On a Super Double you bet that the market will rise between 9:00 to 11:00 and will rise again between 11:00 to 1:00, and if you are right then you are four times richer.

Intraday wagers a very popular at BetonMarkets. In part two of this article we will start to take a look at some longer time frames.

Disclaimer: The information on this website is for entertainment purposes only and is not to be taken as financial advice. Always consult your professional financial advisor before undertaking any investment or trading plan. In some jurisdictions financial betting at BetonMarkets.com might be considered online gambling and therefore be deemed illegal, so check with your local laws first. There is risk associated with trading or financial betting and you can lose money. Proceed at your own risk.