HiLo is a financial game that allows the player to predict if the price of the asset (ect. stock, currency) will close Above or Bellow the current price.
Above (Over) – if believe in increasing or higher prices
If the player think that an asset price will increase from the current level or close over a certain target price at maturity he should buy an “Over”-bet. He will win if the asset closes over the target price on the maturity date. If it closes exactly on his target price he loose his bet.
The greater the increase in the asset price he expect, the higher the target price, and therefore odds, he should choose to make the maximum profit on his bet if his bet becomes a winning bet.
Bellow (Under) – if believe in a decline
If the player believe a asset price will close under a certain target price he should buy an ”Under”-bet. He will win if the asset closes below the target price on the maturity date. If it closes exactly on the target price his bet is lost.
There are an equal amount of "Under" bets as "Over" bets, so it is always just as easy to bet on an increase or a decline. The player also have the possibility to protect his stock portfolio by buying “Under”-bets if he believe that the value of the market or a specific asset will decline.
The bets give the player the possibility to benefit from market movements and to make money even during a market decline.
If, for example, Google currently costs 18 USD but he think it will go below 17 USD he can buy an “Under”-bet with a target price as close to the level he believe in as possible.
Financial Spread betting gives players the opportunity to play the financial markets without ever taking physical ownership of the underlying instrument. This means that the player can speculate in the direction of any financial instrument, whether it is specific shares, currencies, commodities or indices without ever owning them.
Financial Spreads is appealing to ever greater numbers of players for several reasons, not least of which is the absence of capital gains tax on profits (unlike conventional share trading) and the lack of stamp duty on transactions .
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).
Party Markets
Partymarkets
Online Since : 2009
Software: Inhouse
Review: PartyMarkets is the latest online venture by online gaming giant Partygaming. The Partymarkets platform is web based, userfriendly and allows traders to participate in spread betting and CFD trades.
Bonus: No Bonus is offered when you deposit but Partymarkets do have a 'trade back' offer which gives you cash rebates depending on the volume that you trade.
Rating: 5.8
Company: City Index Limited, London, UK
Affiliate Program: Yes
Available Languages: English
Financial Games: Spread Betting, CFD Trading
Deposit Options:
Currency:
Website:
