Betsfortraders.com - Bet on Market Performance

Betsfortraders.com allows users to make bets in real-time on whether certain markets will rise and fall over a time period which they define. Sign up for a free account with 10,000 virtual dollars to learn the ropes, or get started right away with a real money account. Next, select from a wide range of betting types and then choose from a wide variety of market types which include: FOREX, Stock Index, UK Stocks or US Stocks. The next step is to choose your market, currently available are: the German 300, Paris 40, S&P500, UK 100 Index, US Tech 100 and Wall Street. After you’ve selected the market, simply select whether you think the market will rise or fall and by how much, then set the bet’s strike price and the bet expiry which can be set in minutes or days.

“Bet on Stocks, Indices & Forex with a simple but powerful real-time dealing system. Learn to build your own stock market bets with less risk than financial spread betting, CFDs or futures trading.”

Arm chair traders and professionals alike will enjoy using their knowledge to make money betting on the market in this unique manner. Think of this as a macro way of betting on the stock markets. With a good variety of markets available, and an easy to use interface this could become a very popular site.

Have they considered expanding options to include the ability to bet on individual commodities, or currencies? This would still allow people to bet on a high level but would allow them to pick certain areas where they have a specific expertise.