shutterstock_25219162A lot of the articles I write here are geared at binary options traders who are hoping to make a living from binary options. The reason that most of the articles focus on these would-be professionals is simple: it takes a lot more work and a lot more thought to be profitable with binary options over the long term than it does simply to trade them for fun. But if fun is your main reason for taking an interest in trading binary options, that actually puts you in the majority. Most people who trade binary options are in it for the entertainment factor. Why start trading options though instead of continuing to patron your favorite online casino? After all, isn’t trading a lot of work to learn regardless?

Learning to trade binary options actually isn’t a lot of work. In fact, you could argue that it’s easier than learning how to play a lot of the games offered at your online casino. If you still haven’t decided to open an account and make a deposit, here are 5 reasons why binary options trading beats out playing at any online casino.

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1.Easy to learn

When you hear the word “trading,” do your eyes glaze over? Do you suddenly find yourself back in your first college economics class, falling asleep? It’s true that learning to trade profitably is not an easy venture. But thankfully, learning how to place a trade (without worrying about all those details) online is quite easy. On any binary options website, you’ll find very fast how-to guides that you read in under a minute. The simplest types of trades literally can be placed with just a few quick clicks.

The basic process of placing a High/Low binary option (the most basic type of option in existence) is much faster and easier to learn than, say, the process of playing poker. It’s actually even simpler than learning how to play roulette! The difficulty level is akin to playing slots, which pretty much anybody can do with their eyes closed. So if you’ve been feeling intimidated by the word “trading,” don’t be. Binary options were designed to be easy, just for you.

2.You can learn to develop an edge

If you are willing to learn more and spend more time and effort, you can develop an edge with binary options trading which will weigh the game in your favor. While chance will always be a part of any trade, it does not have to be the whole. Your skill can play into the decisions you make. In that sense, trading binary options is very far removed from playing slots. There is little you can do other than manage your money intelligently to improve your odds with slots. Binary options trading thus shares more in common with poker or 21. So you get the best of both worlds. Trading is as easy to learn as slots, but if you want, you can develop the same kind of edge that you can with a more complex game.

3.Clearer legality

This point could probably be argued in either direction, but for traders who are uncomfortable with the gambling restrictions in the United States and the obscure language they are written in, binary options may offer a more comfortable alternative. In the US, you still can’t participate fully in binary options (most brokers prohibit you from trading currencies and commodities, for reasons of regulation, but still allow you to trade stocks and indices), but at least you don’t have to constantly wonder whether you are breaking the law by gambling. Click here for a list of assets you can trade.

4.Prestige

When your friends ask you what you did over the weekend, they may not look particularly impressed when you say, “I played slot machines!” They probably look a little more impressed when you say, “I won at poker again,” though. Why? Because poker requires skill, and slots does not. Even if you’re good at cards, though, you still have to put up with that stigma of being a gambler.

When you tell people, “I was investing this weekend,” you may notice people look at you differently. Investing, like poker, takes skill, and is not so immediately associated with gambling as a casino game. People think about Wall Street when they hear the word “investing.” It’s an intellectual activity, and a highly respected occupation. So when you trade binary options, you can look forward to other people seeing you in a new light, as somebody with skill and responsibility—even if you’re just trading for fun. After all, you don’t have to tell them that!

5.Big bonuses

Bonuses are part of the fun of online gambling for a lot of people. When you sign up at an online casino, you are usually offered a match bonus as a welcome gift. When you deposit X amount of money, the casino will provide you a certain percentage in matching funds. You can’t withdraw that money as cash, but you can use it to gamble. That means you can make bigger investments, or simply extend your bankroll and have more fun. And once you do achieve a certain turnover, you can withdraw the bonus along with your winnings for even greater profit.

Some of the biggest welcome bonuses you are ever going to find are offered by binary options brokers to their new customers. Even if you are only depositing a few hundred dollars, you may very well be offered a couple hundred dollars in matching funds. And if you open a very large account with thousands of dollars, you could be given thousands of dollars for free, just for signing up and trading with the broker.

Binary options bonuses work the same way as the welcome bonuses you are awarded by an online casino. You can’t claim them as cash until you reach the turnover volume set by the broker. But until then, you can use them as trading funds. Make bigger bets and enjoy the thrill of staking more, or keep your bets the same size, and trade longer before you run through your bankroll.

If you enjoy gambling at casinos, online and offline, you will have a great time trading binary options for entertainment. While they may sound intimidating, they are really very approachable. You will find them easy to learn, and flexible enough to fit with any gambling style. If you want to entirely leave your fate up to chance, you can, but if you want to develop an edge, that’s up to you. The bonuses are great, trading binary options is legal around the world, and other people will be impressed when they hear that you’ve become an investor!