How to Place Bets on BetOnFinance

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How To Place A Bet

HOW TO PLACE A BET

You can place a bet by following the simple steps below;

First, log in to your account with your username and password.

Step 1: Select your sport of choice from the menu on the left side of the homepage. (Soccer, for instance)

Step 2: Select tournament of your choice and click ‘Proceed’

Step 3: Choose the markets you wish to play and select the odds by clicking on them. Your selections will automatically be added to your betting slip on the right side of the page.

Step 4: Select the amount you wish to stake. Click on ‘Proceed’

Step 5: A confirmation message will pop up on your screen. Click on ‘Confirm’

A message will be displayed to show that your bet has been successfully placed.

Jeff Saul – BetOnFinance.com – Change of Play…bridging betting & finance

Ted Menmuir October 12, 2020 Europe, Features, Interviews, Latest News, Slider Images, UK Comments Off on Jeff Saul – BetOnFinance.com – Change of Play…bridging betting & finance

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February 28, 2020

Last month Danish firm Fibetco announced the international launch of subsidiary BetonFinance (BetOnFinance.com), a new betting product allowing consumers to bet on financial markets and win tax-free profits.

SBC caught up with CEO & Founder Jeff Saul to discuss the intricacies of bringing a financial betting service to market. Saul details his firm’s in-depth market research prior to launch and his focus on developing user learning functions with a view of BetonFinance achieving future mass appeal…

SBC: Hi Jeff great to interview you regarding BetOnFinance. From your perspective and knowledge, why should financial markets be intriguing to betting consumers?

Jeff Saul: Financial markets, in my opinion, are already to a large extent driven by daytraders, speculators, gamblers and other types of intraday short term transactions. These segments represent a large part of everyday volumes in financial markets, so financial markets have all the ingredients that betting consumers are looking for in the other games that they are playing.

There are “random number generators” (stock prices, FX prices, commodity prices etc). There is loads of news flow making it possible to have an opinion on what could be interesting to bet on etc.

I also believe there is a large overlap between the audience that is active in the financial markets and in traditional betting markets i.e. male audience, who likes skill based games with some luck involved as well. There will obviously be segments of the betting consumers who will find it too difficult, so probably the overlap in the audience is primarily within the segment of educated players, whether it’s in business, finance, marketing, IT, legal, students or retirees does not really matter.

SBC: Prior to your international launch, your firm undertook ‘a proof of concept’ phase within the Danish market, what data and variables were you looking to achieve/find during this period?

JS: We were, in particular, looking for answers as to what type of clients our product would appeal to and what kind of monthly turnover we could expect per customer. This has been very encouraging as we are able to attract some very attractive player profiles.

To be honest, we have also attracted fewer players than originally expected, but I also believe that this is due to that we did not have the full product range at hand, that we have now and will have increased 6 months from now. Some of those products are expected to bring in large client volumes.

On the product side, it has also been an extremely good learning experience for us to see, which types of games that players prefer and which game mechanics that are important to make the player experience as smooth and entertaining and engaging as possible. During that process, we have introduced new game concepts and removed others. We still have a lot of experimenting ongoing in this regard.

SBC: Why do you think bookmakers have shied away from engaging deeper with financial markets or developing finance led betting markets?

JS: Bookmakers have tried out binary options over the past years. However regulation has changed for this product. It used to be possible to offer this product under a gambling license, but now a financial license is required and a lot of bookmakers are not interested in having a financial license on the side of their gambling licenses.

I am quite sure that binary options operators are very profitable, but I am similarly sure that there are a lot of unhappy customers within that field as players can lose a lot of money in a very short period of time. So such reputational issues might also play a role in bookmakers appetite for that particular product. Our financial pool betting product is much more “gentle” towards players. The shortest games we offer are 2½ hours so it is nowhere close to the 30 sec, 1 min., 5 min, 30 min game cycles that you see in binary options.

Finally, stock market data is a very tricky random number generator to work with and this I believe is a technical reason for a lot of operators not daring to move into this field. You do not want to settle your games on wrong stock prices.

I expect bookmakers to move into financial markets when they see us succeed with BetOnFinance and then Fibetco, the game provider/developer of the BetOnFinance product will be ready to supply its games as a white label product.

SBC: Your team has placed a high-emphasis on the developing learning capabilities and functions for your products customers. Why is this integral to your business?

JS: Our vision is “to make financial markets accessible for the man on the street”. This implies that we make it possible for people with limited savings to participate in financial markets. In our games, the minimum wagering requirement is as low as EUR1. So having removed that hurdle the next “hurdle” for the man on the street could be a lack of skills to understand financial markets. We, therefore, see this as an important part of our offering that we educate our users in how particularly the stock markets work and how to understand what moves stock prices. Similarly, we want to educate our players in how gambling markets and in particular pool betting works. In this way, we help to educate perhaps young people in how financial markets work, which could be complementary to their education, which in turn later in their lives will help them to better be able to invest their savings in the real stock market. Similarly, we educate players, with a financial background in how they can make use of their skills in the gambling market.

As our players bet against each other and not against the house, it is in our interest to educate players. Educated players make loyal customers as they tend to make smarter decisions.

The material we provide our players in the above context is daily market updates explaining what is going on and what players should look out for. We provide frequent Betschool articles in a simple to understand language to teach players the basics of stock markets and pool betting.

SBC: Going forward, how do you see your product adapting from its initial concept to gaining mass appeal with betting audiences?

JS: We have identified some very interesting pockets in the market, where we believe we will be able to attract big audiences, just as we have some products on the way that will appeal to some pretty large global niche audiences. You will have to wait a couple of weeks and months to see us roll out these products. One that I can reveal as we have already run that game twice is our IPO games, where players have to predict the IPO price of hot IPO’s (new companies going to the stock market) as well as the closing price on the first trading day on the stock market. This product has been very popular as private investors often get no or very limited allocations of stocks in hot IPO’s. So with our product they can always try to profit from their knowledge and interest in a particular IPO. In our latest First day IPO game, a player made odds 737, the highest odds we have ever paid, as he was the only one predicting that Danish Nets would drop DKK 5 /€ 0.67 on its first trading day.

SBC: Finally at this early stage for your business and its services, what goals do you want BetOnFinance to achieve in the near future?

JS: For 2020 I want us to penetrate the nearby markets we can with our Maltese class 3 license as well as partnering with some major players in some of the larger emerging markets and then I want us to white label launch with a couple of the larger bookmakers.

Jeff Saul – Founder & CEO – Fibetco

How to Make Money on Bets or Basic Betting Rules in Gambling

How to bet on sports to win and earn well on it? It is not so unrealistic as it may seem at first, but for this it will be necessary to observe certain conditions:

  • Choose a legal and tested betting shop, since from an untested and questionable resource you, for certain, can’t simply withdraw the won funds. What is the point then to play? A list of reliable bookmakers you can see on the link.
  • Do not get carried away with excitement, control your own emotions and, especially, actions, do not put too large amounts, even if it seems that the result is definitely clear. Every experienced better is a gambler inside, but his external behavior and attitude towards the game is calculating, analytical and leisurely (except for playing in live).
  • Use forecasts, which are made by professional cappers. Even experienced players do not hesitate to approach such a team of forecasters, since it is more logical to entrust the analysis and announcement of events to those who will spend all their time and will be able to do everything necessary to ensure that the predicted outcome is as close as possible to the actual outcome.

However, about all this, namely — about the features of earnings on bets, on the types of wagers that can be concluded with bookmakers and other useful information, you can read in the article below.

What do you need to know?

How to bet on sports, while winning money? We must immediately note that earnings with a bet with a betting shop is quite real, although this is a high-risk investment. The statistics confirm that with the correct forecasts and a reasonable approach to rates, you can get more money than, for example, from a bank deposit. Risks, as such, are unavoidable, no matter what financial transactions are conducted.

Hence follows an important rule: to use for sports betting only free money, that is not the funds that make up the family budget or are meant for something important, but those that you can spend without fear of losing.

Experts recommend not betting on this or that event, no matter how likely you seem to be the outcome, more than five percent of the total bankroll. As for the size of the bank itself, that is, a game deposit, it is desirable that it allows you to make at least fifty bets (moreover, their amounts should be approximately the same).

How to bet in the bookmakers? Based on professionally prepared forecasts. Theoretically, everyone can do it himself, but let’s figure out more about these possibilities.

To be stable and more or less normally to make a bet with bookmakers, you must constantly have at least a dozen forecasts for different events in the world of sports. On the compilation of one forecast — if we are talking about real prediction, and not about guessing the account — a lot of time and effort is wasted. Why? Yes, because you have to collect, process and analyze a lot of information. This is a serious, laborious and time-consuming work.

It is much more profitable and more reasonable to shift this work to the shoulders of those who can devote all their time to him, as he earns on this. It’s about handicaps or, as they are called, cappers.

Having paid for this service at an inexpensive price (even if you get free forecasts, there is such an opportunity!), The better gets a chance to win much more, that is, to remain in the black, especially since the prognostic capacity is rather high. We hope this explanation removes all the questions about: why pay a capper for predicting? Everyone does his job, and such a mutually beneficial cooperation brings a positive result.

Conditions for betting

Here are a few conditions, without respect of which one can’t do with those who are going to make Internet betting on sports:

  • internet access;
  • free time — at least for two or three hours every day;
  • control over emotions, the ability to reason and analyze soberly;
  • availability of seed capital;
  • love of sport.

Among the newcomers the most popular for the conclusion of a bet with the shop are football, basketball and hockey games. Many experts consider tennis to be the most profitable.

Making minimum investments, a beginner really earn at least 10 percent of the bankroll every month. And with experience and using professionally prepared forecasts, monthly earnings increase to 50 percent.

But remember that the more you bet, the more you can lose.

Choosing a bookmaker

Where can I bet on sports? For this, there are bookmakers. That’s just not allowed to choose for betting the first bookmaker, although they now appeared a large number.

As the statistics show, not all of them can be trusted, even if the site is in the Internet search top. Most shops are created only in order to lure players of money. Even in the case of a win, it is very difficult to get out of them.

But if you choose a legal bookmaker, the reliability of which has already been tested and does not cause doubts, there is a great chance to learn how to play and win. Watching sports competitions and the role of a fan is good. But why not start making money on this?

A good bookmaker daily provides betters with a lot of betting suggestions, from which the player has the right to choose what he likes best (what he considers most beneficial).

Without having a professionally made announcement in your hands, you should not bet on the outcome of an event in which you are not sure. If you bet only for the sake of high levels of adrenaline in the blood, so it’s still appropriate to take risks. But if you want not only interesting pastime, but also earnings, you should act more cautiously and rationally, avoiding risk.

Those who think that it is impossible to make a stable earning in betting, making it their main job, is unreal. But, in fact, people working just so and not otherwise, is getting bigger every year.

Betting shop will not be a mistake to call a mediator, taking a certain percentage for the services that it provides. This percentage is called a margin — it is initially embedded in each coefficient.

Another item of income for bookmakers is the correction of coefficients, which depends on their analytical calculations, as well as the flow of finance. Specialists of the BS count on what average statistical better can put and deliberately reduces the likelihood of such an outcome, reducing the odds.

Instructions for bets

Here is an exemplary instruction telling how to correctly bet on sports:

  • Get acquainted with the rules of the BS, after learning how to go and register, finding out the main terms of betting.
  • Register on the right site, open an electronic wallet.
  • Replenish the deposit by placing a certain amount on it.
  • See the list of events, choose those of them, the outcome of which you can predict, bet.
  • The resulting coupon (regardless of whether it turned out to be winning or losing) must be retained. Whether it is not enough what later there can be disputable situations.

As you can see, there is nothing complicated. Anyone can do it: it’s another thing to do direct projections.

But be careful! Remember that the game is capable of delaying, so that lunacy can begin. In this state, people risk losing everything that is possible without being able to stop in a timely manner.

Try not to spend a lot of money, doing betting, but, having earned a profit, do not tighten with its conclusion.

About strategies

There are many strategies to make a profitable bet in the betting shop. It is necessary to know at least some of the main ones.

Such tactics that would allow to win all the time, of course, do not exist, otherwise all bookmakers would have been ruined. But with the right approach to bets and accurate forecasts, the probability of winning increases.

Of the most widespread gaming strategies, it should be noted:

No questions? Place a bet now!

  • Value betting , which can be translated as undervalued events;
  • Arbs, which are also called arbitrage bets;
  • Pre-match analysis;
  • Betting in live;
  • Martingale.

Of course, it’s right to think not only about the short-term gain, but about the winning series in the future. This is how experienced forecasters work, not excluding possible single losses, even though at a distance it will still work out a plus.

The more experienced a player, the more he focuses on long-term profits, calculates his chances in the future. To some extent, this is the basis for the Martingale strategy.

The tactic of Value betting involves bets on those events that have been underestimated by the bookmaker. For example, many bet on the same Barcelona, ​​as if this club for all its power is able to win in all matches in a row. However, even such a football giant sooner or later stumbles. So sometimes it makes sense to bet on a draw or even a loss of the Catalans.

Moreover, an experienced capper can make an appropriate forecast in the absence of a key player due to injury or disqualification. Bookmakers can’t pay attention to this. Such «misfires» usually bring good profits: in any case, regularly betting on a favorite to earn less.

Can I bet on the Internet that will never lose? Theoretically, as a win-win strategy, you can consider «arbs» and Martingale, but in practice you should not get involved in mindlessly given tactics, otherwise you can still lose.

At least for one hundred percent successful Martingale and arbs, the following conditions must be fulfilled:

  • Endless bankroll;
  • No restrictions on the amounts from the bookmaker.

There are objective reasons that make the above conditions unattainable.

In particular, the Martingale is associated with a constant increase in the betting sum, if the wager concluded with the shop loses. For example, you can put it that the team will draw a draw, believing: sooner or later it should happen. The received prize, meanwhile, should cover the incurred costs plus give some profit.

However, there is a serious danger (and such fears are sufficiently substantiated) that the money in the bank will run out before the long-awaited event comes, that is, instead of profit, the strategy will lead to ruin and bankruptcy.

And for the «arbs» many shops block the betters — they even cooperate with each other, revealing players who bet on different outcomes of one event.

However, today the odds for most bookmaking sites are about the same, which complicates the game on the difference.

Financial strategies

For successful sports betting via the Internet, betters also use the following financial strategies:

  • Martingale’s tactics;
  • fixed profit;
  • flat;
  • criterion of Kelly.

In particular, flat means a fixed amount of betting for a certain time. This strategy is especially useful for those who have not yet had time to gain experience for more skillful maneuvering in the betting market.

Football tips

How to put a bet on sports? Is it necessary to rely only on intuition? How to learn how to play online and win even beginners?

In the world of betting — contrary to popular belief — an intuitive feeling should play one of the last roles and not exactly stand in the first place. It is more reasonable to rely on analysis and correct processing of statistics. It may seem from the outside that forecasting is not anything complicated. In fact, it takes a lot of time to compose an announcement for any event and it takes a lot of effort.

Domestic betters often prefer to book sports betting via the Internet with bookmakers for such sports as football.

Here are some tips for explaining how to make online betting bets on football matches:

  • Forget about such a concept as «favorite team» — in betting there can’t be any pets. And if there is a favorite team, it is advisable to avoid betting on matches with her participation, as subconsciously you will hope for her victory, and in fact, for sure, she does not always have to win only because you are her fan.
  • To bet on all possible leagues at once and in a row is illogical. It is desirable to choose one or two championships.
  • Top games are best avoided. It’s about the central matches of the tour or the final matches. Why? Often bookmakers very well work out such events, establishing the correct coefficients. Players, respectively, are more at risk of losing than winning.
  • It is necessary to track the movement of the coefficients, choosing the most advantageous value. Pay attention even to the differences between the cuffs in decimal fractions.
  • Control your own emotions, because lack of emotionality guarantees stability.

However, the secret of successful football and other sports forecasts is simple enough: refer to experienced cappers. All that remains for you to do in this case is to bet on the predicted outcomes and to receive cash winnings. The latter is especially pleasant.

Select a website

On which site of sports bets today do not go, all (at least on the first pages of the search) are beautifully made, colorful, pleasing with convenient navigation. The developers worked on the glory. Nevertheless, all this does not mean their reliability and honesty.

Where is it best to bet? Do not rush to trust everything that is written on the Internet, if, for example, you are offered some other rating of bookmakers or a guide for beginners, telling you where and how to make a bet. Practice shows that all these ratings are often far from objective, as they are not drawn up by independent experts, but by interested persons.

It’s one thing when you read about how to competently and correctly play and not lose, by betting via the Internet, whether it’s realistic to learn. Another thing is that you will be advised by some shop, assuring that it is the most honest and reliable. In the second case, it is better to double-check ten times so that you do not run into trouble later on.

For example, you should not «peck» at the beautiful advertising and pathos slogans — for example, «in 1xbet you can play without losing!» The bookmaker would have been ruined long ago if the betters won all the bets they make on the events offered by him.

In fact, there is no one best site where you can bet on sports events. There are a number of legal bookmakers that you can safely trust. On our site you can read about them in more detail.

Not all popular sites offering betting on sports can be trusted. Carefully read reviews of those who bet on the sport, about the shop, where they decided to stop their choice — what people say about payments, a game line, odds. No matter what site you register, you will not be able to play without a single loss. This should be prepared initially. A competent strategy and correct predictions will help to minimize possible losses.

It is necessary to learn how to use the bets for sports so that you can earn money on a stable course, not hoping only for short-term profits. After choosing a reliable bookmaker and starting cooperation with an experienced capper, you make two important steps and secure yourself more than 70 percent of the success. The rest is for small.

In principle, every betting shop may have its own bids on rates, related, like rules, to the events that will occur in the near future. For example, shortly before the Christmas holidays, it may be suggested to bet on whether there will be snow for Christmas. Fantasy is not limited, but because in the game lines you can find anything.

Conclusions

In the responses of betters telling about how they make sports bets, at times you can find references to special programs that supposedly help to make a win-win bet with the shop. But how much can you trust the making of forecasts and the organization of bets for some software, even the most modern and advanced software?

Practice shows that for all the usefulness of some of these programs, you can’t rely on them completely yet. They, in particular, work well with statistics, allow you to sort information, provide a correct mathematical analysis. However, to take into account all the possible factors that can affect the outcome of a sporting event, no one car can. This is only possible for the human mind — namely, experienced forecasters who have been working in this field for a long time.

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