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Can You Make a Living from Financial Betting?

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We are living during an interesting time. The
job industry has evolved with there being several avenues on how to make money.
Many people have turned towards “entrepreneurship” as a job title and while it
may sound appealing, you must be very careful.

Financial betting is a way people are
funneling money into their pockets, but it’ll take some time to develop a
successful strategy to make this a full-time job.

<h2 What is Financial Betting?

With any sort of bet you make, there’s a
chance of losing more than you originally put in. Because most bets are done
blindly, not knowing the outcome or result can be troubling. While some thrive
off this thrill of diving into the unknown, you have to really know what you’re
doing to truly understand the possible success there is in betting.

You’re most likely familiar with sports
betting, but financial betting is slightly different. This type of betting
involves placing bets on market shares based on the rise and/or fall of a
specific company market. If you know anything about the stock market, even the
most successful company’s shares fall unexpectedly.

This is not to be confused with market
investments. Market investments usually allow you to come on board as a company
owner, while financial betting does not. Another significant difference is that
while market investments are a long-term commitment, financial betting is a short-term
gamble.

<h2 Forms of Betting

There are three major forms of financial
betting
you can participate in. Let’s break it down:

<ul

  • Fixed Odds Betting – Predicting
    the exact movement of a company’s market. You place a bet on a specific amount
    of time and by how much you think it’ll increase or decrease during that given
    time.
  • <ul

  • Binary Betting – You can bet on
    a share going up or down, or remaining the same. You can sell these bets,
    possibly making you money even if the odds are against you, if you get the
    timing right.
  • <ul

  • Spread Betting – You bet based
    on the movement of something increasing up or down and also by how much they’re
    changing. This is the most popular form of financial betting since they do not
    expire; however, these bets but come with greater risk.
  • <h2 Successful Financial Bettors

    If you research financial betting, you’ll get
    a mixed result of both opinions and facts. Betting is something you need to
    experience yourself to truly know if it’s worth pursuing. Afterall, everyone
    has their own betting strategy and you could potentially have a winning plan.

    Take it from successful financial bettors like Simon Smith
    and Vince Stanzione. Smith himself is known for his famous ways of betting in
    the UK housing market. Although Simon Smith has yet to reveal on record how
    much money he’s made, he’s only been quoted saying that he’s made enough money
    to pay his mortgage off.

    <h2 Conclusion

    To wrap things up, making a living off
    financial betting is possible. But before you can successfully live solely off
    making bets on the financial market, there are a handful of things to consider.

    Start by studying the market you plan on
    entering bets in. How does it fluctuate?

    Create a flexible, yet long-term business
    plan. Do you have sufficient funds to hold you up as you wait for your bets to
    return profit?

     It’s
    possible to become the next financial betting billionaire, but it won’t happen
    overnight.

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