Betting Companies

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What is Spread Betting?

A spread which is a range of outcomes between bid and offer price, and the bet which is guessing whether the outcome will be above or below the spread offered by the particular broker makes together an attractive option Spread betting.

How Spread Betting Companies Make Money. Spread betting has become big business for the brokers, with a number of organisations who solely exist to provide spread betting services. As a service that has distinct advantages for traders in terms of profitability, spread betting brokers also have a number of avenues through which they earn their. Spread Betting Companies What is Spread Betting? A spread which is a range of outcomes between bid and offer price, and the bet which is guessing whether the outcome will be above or below the spread offered by the particular broker makes together an attractive option Spread betting.

It means you speculate on financial markets in the same way as trading derivatives but with no single stake to limit loss. Eventually, you trade without taking any position in the current security, but to create an active market for both sides, respectively the ones who selling and the counterparty is buying. Discover more about Spread Betting Wikipedia.

CFD vs Spread Betting

Jan 08, 2020 Betting companies feature on the shirts of tens of top teams. Composite: Getty Images, Shutterstock, PA. Rob Davies @ByRobDavies. Wed 8 Jan 2020 15.45 EST. Last modified on Wed 8 Jan 2020 20.15 EST. The betting sites in Ghana compete with each other in order to gain more members. This is done through luring customers with good odds and a multi-million jackpot that is sought by almost everyone. Sports betting in Ghana has become popular due to the fact that sports are a liked activity. Betting Companies in Ghana. Spread Betting Companies What is Spread Betting? A spread which is a range of outcomes between bid and offer price, and the bet which is guessing whether the outcome will be above or below the spread offered by the particular broker makes together an attractive option Spread betting.

While CFDs are short-term derivative contracts for the difference you will speculate on the value of the underlying asset. So the concept of trading between CFDs and Spread Betting is different since Spread Betting is just a bet on the direction of price movement. Yet, both share the same point that you just speculate on the movement itself without actually owning the asset itself, also through the use of leverage.

  • Spread Betting Companies usually offer to bet across multiple asset classes and including forex, even with Cryptocurrencies, commodities, indices, and shares.

Registration

Online Betting Companies Stock

Spread Betting shows significant growth within the UK for the last years and is regulated speculative trading activity by the local authority FCA. Read more about Why trade with FCA brokers and see its official FCA website to verify licenses. Yet, spread betting concentrated mainly in the UK due to its legal authorization and even a tax break on profits, while many world countries forbid spread betting for various reasons.

  • Spread betting should be strongly reviewed and controlled, as a leveraged investment brings both opportunities to significant gains or losses.

Thus, the broker provider should be carefully selected after consideration of all applicable local laws and regulatory statutes. In case the company or broker offers you unauthorized Spread betting possibility, you should not be allured with an attractive opportunity. As in fact, only regulated and authorized trading adheres to safe trading practices and may be classified as a potentially safe investment. Otherwise, you may easily fall under the fraud.

Best Financial Spread Betting Platforms and Brokers in UK

Due to its popularity in the UK, many UK based Brokerages offer Spread Betting option, yet from the company to another platform may feature some differences. That’s why we recommend reading the FCA Handbook to learn more about Spread Betting and choose only reputable firm.

Below you will find a listing of the Best Reviewed Brokers offering Spread Betting also with some narrowed criteria ranked.

  • Pepperstone– Best Overall Spread Betting Broker 2020
  • City Index– Lowest Spread Spread Betting Broker 2020
  • FXTM – Best MT4 Spread Betting Broker 2020
  • XM – Best for Beginners Spread Betting Broker 2020
  • FXCM– Best for Scalping and EA Trading Spread Betting Broker 2020

The complete List of Financial Spread Betting Brokers in UK

This is the complete list of regulated brokers that offer a Spread Betting platform available for UK clients.

Broker Detail
Pepperstone
Max. Leverage: 1:30 1:500
Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN
Pepperstone Review
BDSwiss
Min. Deposit: 100 US$
Trading Platforms: MT4, MT5, BDSwiss Webtrader
BDSwiss Review
FXTM
Min. Deposit: US$200
Trading Platforms: MT4, MT5
FXTM Review
XM
Min. Deposit: US$5
Trading Platforms: MT4, MT5, XM WebTrader
XM Review
FXCM
Min. Deposit: 50 US$ 300 GBP
Trading Platforms: MT4, Trading Station, ZuluTrade, TradingView, Ninja Trader
FXCM Review
City Index
Min. Deposit: 100 GBP
Trading Platforms: Advantage Web, AT Pro, MT4
City Index Review
Finspreads
Min. Deposit: 50 US$
Trading Platforms: Advantage Web
Finspreads Review
Nadex
Min. Deposit: 250 US$
Trading Platforms: Nadex Platfrom, NadexGO
Nadex Review
HYCM
Min. Deposit: 100 US$
Trading Platforms: MT4, MT5
HYCM Review
ETX Capital
Min. Deposit: 100 GBP
Trading Platforms: TraderPro, MT4
ETX Capital Review
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What are the betting companies in Kenya? How can I choose the best bookie who is best suited to my needs? Where can I play safely and get a big welcome bonus?

Once everything was more accessible, you went to the betting centre, and you played. Now instead, too much choice.

Sports betting is an old practice. It is so old that traces of it can be found in ancient Greece where Olympics were held or in the Roman Empire where people will bet on gladiators in the fighting arenas.

Since then, the betting industry has undergone a tremendous amount of changes and evolution over the years. These changes have been attributed to more or less restrictive regulations that characterized the historical period. They have often been dictated instead by the habits and desires of the bettors themselves.

It is coupled with specific ideas and suggestions for betting in particular sports. You will, therefore, find the answer to which is the best betting companies in Kenya for football, tennis, virtual football and much more.

For this reason, without wasting more time, let’s show you the betting sites selected by us that represent the top in the Kenyan market. These companies offer the right compromise of bonuses, programming, and quality of service.

If you are passionate about a particular sport, you will find our in-depth analysis dedicated to betting for football and basketball, in the post below.

Best Betting Companies in Kenya

Here is the full list of all betting sites in Kenya

List Of Betting Companies In Ghana

1. Betting Companies in Kenya – Betway Kenya

Currently number one betting site n Kenya. Betway is a global online company that has a keen interest in the bets and gambling industry. The company offers free bets in terms of promotions which run almost every day.

Betting Companies Best

Betting companies uk

In addition to that, you get a 50% bonus on your first deposit. You also get rewards every time you play multi-bet. See terms and conditions on the website.

Betway accepts both Mpesa and Airtel deposit. It is the only site that has withstood the stringent legislation offered by the Kenyan Government.

Just like Sportpesa, the betting site supports Jackpot and live in-play games.

2. Betika

Moving on, Betika allows you to be with as little as Ksh 3. They offer a deposit cashback bonus (You get the Mpesa pay bill charges as your bonus when you make a deposit). You are also given Ksh 25 if you’re a new customer.

Check out: Sites that predict matches correctly.

3. BetLion

BetLion is maybe perhaps the most significant free bets provider in Kenya. Their Jackpots go as high as Ksh 15,000,000 and you get a 50% return on money on your first deposit.

The site even has a page dedicated specifically to bonuses, promotions, offers, and promo codes that are redeemable as bonuses.

UPDATE: The company pulled out of the Kenyan market due to strict legislation.

4. 22Bet

I didn’t know 22Bet until recently when a friend introduced me to it. At first, I thought it was a local website then, and I found out its just global like Betway. The site runs numerous but time-based promotions from time to time.

The best part is that the site has exclusive bonuses of up to Ksh 18,000. Free bets are offered in terms of bonuses for multi bets only.

Read also:Betting sites with free bets in Kenya.

5. OdiBets

OdiBets pride themselves as the best site offering free bets odds. The best thing about them is that there are no fees and minimum bets. This means that you can bet with as little as Ksh 30. Yes, I mean five bobs, what type of free do you want.

6. mCHEZA

mCHEZA offers free bets based on referrals; this means that you have to introduce a friend to their website for you to collect your free bet. They also offer bonuses on multi bets.

Mcheza accepts Mpesa deposit only.

7. Mozzartbet

Next, we take a look at Mozzart another free bet site that supports live bets, virtual games, Jackpots among other promotions. The midweek bonus is redeemable if you happen to lose a single match on a multi of five.

In brief, that is all we can get for now about list of betting companies in Kenya. However, this list is not yet complete. Keep checking on our sites for feature updates to this post.

8. Sportpesa

Sportpesa is the biggest and the first online betting sites in Kenya to be launched in. The site supports all types of online games, including cricket and ice hockey. It has two kinds of jackpots held weekly.

Due to GOK legislation and tax compliance laws, Sportpesa withdrew its services in Kenya. However, there are high hopes that the betting site in Kenya will return

Read also: How to win Sportpesa Jackpot in Kenya

9. Betin Kenya

Betting Companies In Africa

Betin Kenya was launched to counter Sportpesa and also to meet the growing need and desire for sports gambling. The site also offers casino and virtual betting.

Betin pulled out of the beating sites in Kenya due to stringent legislation introduced by the Kenyan government. Its return into the Kenyan sphere is still unknown

Betting Companies In The World

Other betting companies in Kenya, include;

Betting Companies In Belgium

  1. Psalmsbet
  2. Helabet
  3. M-bet