new way to gamble online try my new slot machine

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May 28, 2010
Location
Ontario
I stumbled upon this by accident when looking for ways to make money online. It's called Binary options trading basically you bet wiether an option will go up or down in the next minute or hour etc. There's lots of hype about learning how to trade this method but my opinion is its impossible to predict how a certain option will perform in such a short term. So I'm calling it a slot machine but I think with better odds.

I consider it better odds because you have a roughly 50/50 chance in each transaction of course the house has some advantage. Anyway my hope is that some of the more experienced players on here will give it a whirl (with a free demo account) and report their success or failure. I think there can be some strategy involved that an online poker player or black jack player will be able to figure out.

TO me it's just a new game to play the reason I posted it in this forum is because many of these "trading houses" or whatever you want to call them offer sign up bonuses with play through requirements just like online casino's so IMO that makes them a casino offering a game of chance albeit under the illusion of real time decisions being able to impact the outcome.

Perhaps I'm wrong and it is a legitimate way to enter the stock market and through research of charts etc you can increase your odds, Anyway go play have fun it's more exciting to me than click spin click spin click spin deposit again and repeat.
 
I stumbled upon this by accident when looking for ways to make money online. It's called Binary options trading basically you bet wiether an option will go up or down in the next minute or hour etc. There's lots of hype about learning how to trade this method but my opinion is its impossible to predict how a certain option will perform in such a short term. So I'm calling it a slot machine but I think with better odds.

I consider it better odds because you have a roughly 50/50 chance in each transaction of course the house has some advantage. Anyway my hope is that some of the more experienced players on here will give it a whirl (with a free demo account) and report their success or failure. I think there can be some strategy involved that an online poker player or black jack player will be able to figure out.

TO me it's just a new game to play the reason I posted it in this forum is because many of these "trading houses" or whatever you want to call them offer sign up bonuses with play through requirements just like online casino's so IMO that makes them a casino offering a game of chance albeit under the illusion of real time decisions being able to impact the outcome.

Perhaps I'm wrong and it is a legitimate way to enter the stock market and through research of charts etc you can increase your odds, Anyway go play have fun it's more exciting to me than click spin click spin click spin deposit again and repeat.

Have they learned nothing from 2008/9:confused:

The stock trading market is often said to be a casino, so to dispel the myth they are now offering bonuses and WR:(

What is more worrying is whether bankers are playing at this new casino with OUR money.

Roulette comes close to this, bet on Red (up) or Black (down), with zero being the "commission" the house gets. You can still bet Red ten times, and get Black ten times, possibly losing a fortune. Occasionally, a rogue trader can bring down a bank because they chase losses down to their bad decisions by making "Martingale style" trades in the hope of getting the money back before the audit team find out. If they fail, it can bring down a bank. If loads of bankers do it, it can bring down all the banks, and would have done had governments not pumped obscene amounts of money into the system.
 
I have to agree, there are plenty of people that have lost more than they thought possible on this form of gambling. The worse bit is that because it is not classed as gambling, people don't recognise that they have an issue with it. I would say it is just as addictive as roulette or slots, but people just don't know that.
 

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