Binary Options Trading Vs Betting Vs Gambling. Have you ever think about betting and gambling comparison with Binary Options trading? Most people and most experts believe that Forex and Binary Options trading is like betting or gambling. I believe that this is not true because we have a different parameter in betting gambling and binary […]
Binary Options Trading Vs Betting Vs Gambling. Have you ever think about betting and gambling comparison with Binary Options trading?
Most people and most experts believe that Forex and Binary Options trading is like betting or gambling.
I believe that this is not true because we have a different parameter in betting gambling and binary options trading. Some parameters are similar but the others are different. Some experts say that “Binary Option is a gamble-don’t kid yourself”
I think Binary Option is seeming straddles the line between financial trading and gambling let’s review them:
Table of Contents
When you are betting on sport, for example on a football match, you can predict the better team. Which will win and it is predictable by experts. You can watch the previous match and read the football analyzers review to get a good view of the next match and predict it. But in sports betting, players depend on many parameters that determine the outcome of the match. Also, not all matches bring your desire returns while higher grossing matches also carry more uncertainty.
Binary Options Trading
On Binary options trading, we have a lot of parameters like indicators or economic news. Market movement chart patterns and a lot of mathematical rules to predict the price. We have a lot of expert reviews sources also then we can find reasonable reasons to predict the market. Then it looks like both betting and Binary options trading are predictable because we have reasonable function to compare them
Gambling on a casino is not predictable when you are a gamble on a casino desks-you have not any analyzer sources or expert review to predict the next number or shape. Then Gambling is not like Betting and Binary Options trading in other hands. You get a return based on the probability of an event and it is always at a disadvantage to the player
You can gamble on both binary option or betting market you can bet or trade according to your chance! For example, just look at EURUSD and open buy or sell position without any reasonable reason! Or just bet on your favorite team on sports betting without any analyses or expert reviews. Totally I can say that Binary option is predictable Betting on sports is predictable but not always Gambling on a casino is not predictable in gambling you can increase your winning change by using mathematical chance rules.
Which one is investing?
No one can’t claim that Gambling is an investment opportunity! There is no any reasonable factor to say that you can look at gambling for your daily or monthly incoming! gambling is a fun game you can lose or win just for fun most people go to a casino for fun not to earn money for their life most of them earn money from their jobs and lose their money in the casino!
Betting in this part is look like gambling most people just bet and lose their money in betting market they are looking for fun in betting market!
Binary Option can be an investment opportunity because you can trade on Stocks or Currencies or Energy so It is possible to read expert reviews for your daily or hourly trading.
Is Binary options trading like a gamble?
If you ask this question and want know the short answer I should say yes! This is a gamble for you because you don’t know anything about this market! Then you will open your trade by chance in this scenario you are a gambler, not a trader.
On Binary Options, some brokers offer you 30 seconds option. It means that you should predict next 30 seconds to earn a profit even expert traders can’t predict what will happen during next 30 seconds. Then I think this kind of trading is not trade-it’s gamble. But on Binary options trading, you have another choice too like hourly trade or daily or sometimes yearly trade in this situation. You can predict the market and this is not like gamble or betting.
Which One is more excited?
If you are looking for a rapturous or amazing job, I think betting on your favorites team is very amazing. Playing in a casino is amazing. You will win or lose very fast and you can go to the casino and play physically. No online so it’s more excited than online gambling. On the other side, we have binary options trading. I believe only fast forex binary option is very amazing when a market goes up or down but when you are trading for a long time the amazing rate will decrease!