Today Financial Betting happens through Online Sites. There are many sites on the internet that enable you to place your financial bets. These sites work throughout the day, hence you can be sure of placing your bet whenever you feel it is best to do so. (more...)
Financial gaming rank
Trading pool, sweep or office pool if done at work, is a form of financial gaming, specifically a variant of parimutuel trading, where gamblers pay a fixed price into a pool (from which taxes and a house "take" or "vig" are removed), and then predict the future rate of financial instrument (etc. stock, currency, index) at specific time and date. The pool is evenly divided between those that have predict the correct rate or the most approximately. There are no odds involved; each winner's payoff depends simply on the number of players and the number of winners. In an informal game, the vig is usually quite small or non-existent. (True parimutuel trading, which was historically referred to as pool trading, involves both odds calculations and variable wager amounts).