And now for something completely different! BetOnFinance offers a new way to start earning on the financial markets, so we simply had to test them out and share our impressions with you. This company based in Valetta, Malta is the first one to offer financial pool betting to their prospective clients, plus they also bring loads of other advantages to the table. For example, all player profit is completely tax-free and the financial requirements are exceptionally low. Want to learn more? Well, it’s all here in our BetOnFinance review! The following paragraphs will introduce you to this new financial sensation, so stick around and get all the info you need.
BetOnFinance Review | The pool principle
The thing that separates this company from other binary options brokers the most is the fact that BetOnFinance offers pool betting. Let’s clarify what that is, shall we? This is the type of betting that is used in horse racing. Here, you are betting against other players and the odds are not fixed, but can vary depending on how many players opt for a certain outcome. The more players opt for an outcome, the less you stand to gain from that outcome if you join them in their predictions. However, if you manage to make the right prediction and it turns out that no or very few other players shared your opinion, you could win a lot. Like we said, the odds fluctuate, so you won’t know how much you stand to gain if your outcome turns out to be the winning one until the game is closed for betting because new players will keep coming in and keep changing the odds. With that out of the way, let’s take a look at the available games here.
BetOnFinance How To Play
BetOnFinance Review | Games
Given that this is unlike anything we have on our website, our BetOnFinance review has to take a look at the possibilities you have here. Currently, there are four types of BetOnFinance Pool Games available – Stock Race, Index, IPO and the CEO game. The first one allows you to bet on the stocks you think will end up in top 3 or bottom 3. The second one is based on you predicting how much a stock index will go up or down in intervals of 0.25%. Therefore, you can choose the 0-0.25% interval, 0.25%-0.50% interval, 0.50%-0.75% interval etc or even more of them. If the move is within the interval you chose, you win. You can also bet on where an IPO price will end up, but the final game is perhaps the most fun because you can try and guess which CEO will be sacked next. We should also say that you can choose three different time intervals when betting here (Half day, Full day and Live), which is another thing to consider if you want to walk away with a profit.
BetOnFinance Review | Financial side of things
Another thing we mentioned as a major advantage of this company at the beginning of this BetOnFinance analysis is the fact that you don’t have to invest much to play. Yes, the BetOnFinance Minimum Deposit is only 20€, while you can participate in a game by investing a single euro. Because your profits depend on the odds you get and are not a fixed percentage like in standard binary options trading, even that single euro can bring you lots of money (some players have been able to multiply it several hundred times).
Also, you have plenty of deposit methods at your disposal, ranging from various Visa cards all the way to Neteller, Skrill and Trustly. The same methods are available for withdrawals, the first of which every month is completely free, with any subsequent withdrawals carrying a 5€/1% fee. After thorough testing, we can confirm that money transfer methods are not an issue on this website, but you can learn more about the security in our Is BetOnFinance a Scam? article. We will just say here that the company is regulated by two different regulatory bodies and then move on with our BetOnFinance review.
BetOnFinance Deposit Page
BetOnFinance Review | Perks
The company has invested a lot of effort to make sure their clients enjoy themselves as much as possible, and many interesting features will be made available to you once you create your account. Upon your first deposit, for example, a BetOnFinance Bonus will be awarded to you – 100% up to 200€ – but there is a monthly reload bonus to be acquired here, as well. Furthermore, you can access this website and play all of its games from any kind of device. There is even daily news from the financial world to help you stay in touch with the latest developments so that you can assess the odds better when the time comes to invest. We should also say that the whole platform was designed by the company’s team, something that is really worth mentioning in this BetOnFinance report. Free tutorials explaining how games work are also available, and if you have any other questions, you can contact the company by e-mail or on Facebook or Twitter.
BetOnFinance Review | Conclusion
We hope this BetOnFinance review has shown why this company is such a breath of fresh air in the finance sector. It offers a new way of enjoying the markets, all without any need for large investments. A few euros are all you need to get started and join in on the pool betting action. Several very interesting and very enjoyable games are available, and if you play your cards right, the rewards could be big, even with minimum investment. With two different licenses, you have nothing to worry about in terms of security either, and the numerous money transfer methods make sure everything goes smoothly when you’re transferring your money. The website offers even more interesting features designed to make your experience here a memorable one, so don’t waste any more time and open an account with BetOnFinance right now.
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