Day Trader will be closed on the 24th, 25th, 26th and 31st of December due to the festive season. Markets will also be closed on New Year’s Day. Best Regards - The Day Trader Team
Financial Betting Explained - Our quick guide to the world of financial betting
Financial markets are constantly moving up and down throughout the day. News from around the world changes the value of companies which impacts the Market Indices and ripples through to the commodity and currency markets. With Day Trader you dont have to be a Financial Trading Expert to make money on the movement of Financial Markets.
You can make money by predicting if markets will be up or down at the end of your chosen betting period, it really is that simple. We offer 11 different levels to bet on, so whether it’s big prices that interest you or you prefer to air on the side of caution and take smaller prices, there will always be something for you to bet on. If you like to dip in and place a quick bet then our 5 minute markets are perfect for you. If you prefer to see the bigger picture you can also bet on our Hourly or Daily markets and let them ride. Remember you can log in to Day Trader and view and close your open bets at any time to lock in a profit or cut your losses before the close of trading.
It is often said that as stocks fall people bury themselves in Gold and other Commodities. There is talk about Bullish versus Bearish markets. Follow the market trends or “buck” the trends as the market changes direction.
At William Hill we offer exciting betting styles to place your bets on Day Trader. Traditional “Fixed Odds” betting and the low risk spread betting alternative “Binary Betting”. Read on for further details:
Fixed Odds Betting Explained
Fixed Odds Financial Betting allows you to bet on the movements of various financial markets. Fixed odds betting with Day Trader offers you the opportunity to bet on whether a particular Financial Instrument will finish “above” or “at or below” a pre-determined market level within a selected time period, e.g. 5 Minute, Hourly or Daily
Fixed odds bets pay a fixed amount on expiry and losses are limited to the value of your total stake, which makes fixed odds betting an ideal introductory betting style for clients who are new to the world of Financial betting.
Your total stake, when placing a fixed odds bet is equal to the unit stake entered into the stake box of the selected instrument. For example, if you enter £20 into the stake box, the TOTAL STAKE for the bet will be £20.
Binary Betting Explained
Binary Betting moves slightly towards the world of spread betting without the risk of losing more than your stake. In a binary market one of two outcomes are possible; WIN or LOSE, represented by 0 or 100. You can either BUY or SELL a binary bet. Whether buying or selling a binary bet you will be shown your total exposure before placing the bet.
How are Stakes and Returns calculated for Binary bets?
Stake and Returns are calculated dependant on whether you have chosen to BUY or SELL.
REMEMBER: If you are BUYING a binary bet you are selecting the market level to finish ABOVE the line at the end of the selected betting period. If you are SELLING a binary bet you are selecting the market level to finish ON or BELOW the line at the end of the selected betting period.
Buying a Binary Bet / Finish above: Example 1 - Prices quoted: BUY 40 / SELL 36
Your STAKE is calculated per point, so buying the above market at £1/point means your TOTAL STAKE is £40. If the bet is a winner the market will make up at 100. Your TOTAL RETURNS in this case will be your original stake per point (£1) multiplied by 100 = £100.
Your TOTAL PROFIT is the difference between the price your bet was struck at (40) and 100, multiplied by your original stake per point (£1) = £60
Selling a Binary Bet / Finish on or below: Example 2 - Prices quoted BUY 40 / SELL 36
Your STAKE is calculated differently when SELLING a binary bet. Selling the above market at £1/point at 36 means your TOTAL STAKE is £64 and calculated as follows: (100-36) x £1/point = £64. If the bet is a winner the market will settle at 0. Your TOTAL RETURNS in this case again, will be your original stake per point (£1) multiplied by 100 = £100
Your TOTAL PROFIT is calculated per point, so SELLING the above market at £1/point at 36 means your profit is £36.
If you’re still unsure of how Binary Stakes and Returns are calculated please see our Binary Stakes and Returns chart below: