BetMyStock gives you the opportunity to bet on the stock market
By at June 25, 2009 | 12:02 am | Print
What Company Is Offering:
BetMyStock gives you the opportunity to bet on the stock market, just as you would bet on a sports game. Rather than investing your money into the stock of a company, we give you the opportunity to make simple predictions one one stock price versus another within a day’s period. We give you a free 10 cents to start out with and you can use that however you wish to gamble with. You can bet on any of our selected stocks or indexes. If your bet is correct at the end of the day, the winning percentage of the event will determine what you receive. If you lose the 10 cents we give you, we’ll give you another free 10 cents. Once your balance reaches $15.00, you can cash out with real cash! It’s just that easy.
How It Works:
Betting closes for each stock event at 8AM Eastern Time every day. Up until this time you will have the opportunity to bet on stocks and indexes matchups. Once the market closes for the day if you bet correctly you will receive your payout. All prices are based off of yahoo finance closing prices. For instance, on Monday May 4th, you can choose a stock matchup and bet on which one will have a larger increase in price until 8AM on May 5th. At 8 o’clock, all bets will lock until 4pm when the stock market closes. The stock will be evaluated based on its increase or decrease in price in which payouts will be distributed based on winning bets.
More at:http://www.betmystock.com/