Is Binary Options Trading Gambling?
Photo: Mark Hesseltine
There is a mystery cloud going around Binary Options, caused by the lack of knowledge of general public, there are a lot of speculations and wrong information coming from people that don’t have any real knowledge nor experience with Binary Options and it is in their nature to speak about things they are not very clear about. There is the ultimate speculation about Binary Options: Is Binary Options Trading gambling?
As you probably know already, BinaryOptionsTrading-Review has an international team of highly experienced traders and we all agree on this – Binary Options Trading does not have to do anything with gambling!
Is Binary Options Trading Gambling | Odds
As we do not want to stop on a pure statement here is why we are claiming that Binary Options Trading is not gambling. Imagine yourself throwing a dice. With Ceteris Paribus applied, you have exactly 1/6 chance that you will get a single number. You do not have any influence on what number it is going to be nor there is a way you can predict that you will get the number you wanted. Again, the chances will always be the same, with each throw of the dice.
Binary Options Trading offers us something different than just throwing a dice or flipping a coin… What differentiate Binary Options Trading from gambling is KNOWLEDGE that you are investing in a single trade.
Is Binary Options Trading Gambling | Real Example
Let us take for example trading Binary Options with Gas as an asset. Unfortunately, there is a crisis going on between Russia and Ukraine, two big producers and consumers of Gas. Russia is providing Gas to more than “half of Europe” trough Ukraine. With conflict of this two giants Gas supply is immediately becoming insecure. Using basic knowledge and everyday information it is very easy to predict the direction of the price of Gas. Now, to go back to Binary Options, with having two options to choose, high or low, or starting 50% chance if you want, you are now putting your investment on prediction that price of Gas will go up or down. So, with the starting chance of 50% you add your knowledge about what is going on with, in this case, Gas and your chances become incredible higher, certainly much higher than 50%.
Is Binary Options Trading Gambling | Conclusion
If you respect your knowledge and you know what is going on around you in the world, Binary Options Trading is risk controlled method for investing your money and there is no way we can speak about gambling. If you close your eyes and ears and just randomly choose high or low option, than yes, they are right, Binary Options Trading is gambling.
In the world of common sense, to conclude again, we definitely can not put Binary Options Trading and gambling into the same box.
Is Binary Options Trading Gambling? reviewed by Binary Experts on December 4, 2014 rated 4.8 of 5