What is fixed-odds financial betting?
Fixed-odds financial betting is different from conventional spread betting. This is because you will be speculating on a binary outcome. For example, the platform might offer a fixed-odds market on Apple shares at $129.50 with an expiry of 4 hours. Your role is to determine whether the price of Apple stocks will be higher or lower than $129.50 in 4 hours' time. The odds will be fixed - for example, 10/11 on both sides of the market.