Ladbrokes is one of the most well known gambling companies in the UK – offering online betting, and brick and mortar betting shops. Ladbrokes accepts worldwide clients (with some limitations of course), and offers clients the possibility of engaging in sports betting activities, casino activities, and poker. How does this related to financial skill betting?
Binary Options have become much the range recently with numerous providers popping up offering Binary Options to prospective clients. However in response the gambling industry has popped up offering a variety of new financial bets, Ladbrokes is one of the leaders in this particular field. However one of the advantages of financial betting from Ladbrokes is that Ladbrokes offers a range of different types of financial bets, all in a Binary form (all or nothing bet). I will do my best to explain the three different types of financial bets on offer at Ladbrokes.
- First off their is Range Odds/Range Binary Betting, this type of financial bets offers a number of different ranges on which one can place bets. So for example if you pick a daily FTSE100 bet you will be confronted with a range of different possible price ranges all with different odds. Say the Index has opened at 6000, you may have the opportunity to place a range bet of 6010-6020. Meaning that if the Index closes within the particular range you specified you win the fixed odd bet, the less likely the outcome the greater the odds. This seems to me to offer traders with innovative methods the possibility of making some decent profits.
Secondly there are Moving Odds/Moving Binary Bets, these bets are more like the standard binary bet you would find at a typical binary option site. But differ in the fact that they allow you to not just bet on a simple/up down bet. But they can also bet on a high and low value, allowing them to take a position on the market substantially falling or rising. This allows the trader the possibility to exceed the type of return they would get at standard Binary Options site. During the time period of the bet the high, low and mid levels stay the same but the odds change to reflect the likelihood of each different outcome. While this adds an extra degree of complexity it also allows a person to hedge their positions over the course of a day (assuming their entering into a daily bet).
- Finally there is the option of a Static Odds/Binary Bet, this works exactly like the moving odds bet apart from the fact the high, low and mid level positions move throughout the day, but the odds are fixed each time you open a bet. This kind of Binary Bet is most similar to the type of Binary Bets offered at Binary Sites such as OneTwoTrade etc. But it still has had the added complexity of allowing you take a more extreme position on a particular financial instrument.
While Ladbrokes financial betting is more complicated than the standard Binary Option platform, this gives those who use the platform a better and more complicated instrument to trade. Unfortunately there aren’t many instruments available on the Ladbrokes website but I have to say that financial bets at Ladbrokes offer an exciting instrument and one many would be interested in. I would personally have to say that I believe Ladbrokes Binary Bets to be superior to standard Binary Options. Of course Ladbrokes is known for more than its binary options platform, a century old bookmaker with a full online casino, poker and sports betting offering rivaling other well known UK based gaming companies