21H·

Robinhood: Price rally thanks to billion-dollar boom in event betting

$HOOD (-1 %)

I see potential here, but would wait for a correction.

On the subject of event betting, I am invested in $LTMC (-1,7 %) invested.

On the subject of brokers with a super app, I am in

$COIN (+2,19 %) and $SOFI (+0,98 %)


Robinhood's share price jumped by around 12% to a new all-time high yesterday. This was triggered by news of rapid growth in the event betting business - a segment that is developing into a key growth driver in record time.


Volume in the billions surprises investors


Robinhood announced that over 2 billion event betting contracts were concluded in the 3rd quarter alone. Since its launch, the trading volume now totals more than 4 billion contracts. This dimension has made many investors sit up and take notice: Betting is no longer an exotic niche product, but is developing into a market suitable for the masses.


Fantasy beyond shares and crypto


For investors, this means that Robinhood is creating a second strong pillar alongside traditional trading. While trading volumes in shares and cryptocurrencies can fluctuate greatly, the boom in event betting is opening up additional, steady sources of income. This gives the business model more stability and awakens the prospect of further growth.


Additional tailwind


Other news is also boosting momentum: premium customers are to be able to use banking services such as wealth planning and tax advice in future, which means Robinhood is clearly heading in the direction of a financial super app. In addition, the inclusion in the S&P 500 is generating capital inflows from index funds.


Outlook: From broker to all-in-one app


With the boom in the new segment and the expansion into banking, Robinhood is sharpening its profile as an all-in-one app for finance and betting. Investors are rewarding the new growth story - and believe the company is well on the way to permanently moving away from its past as a pure neo-broker.


- Updated on 30.09.25 08:35 D. BuĂźmann


https://aktienmagazin.de/nachrichten/hot-news/robinhood-kursrally-dank-milliarden-boom-bei-ereigniswetten-155203.html

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5 Commentaires

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I got in a few days ago. I am convinced of the company in the long term. They are expanding strongly in the EU 🚀
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I actually got out at €95 belief. I think they're already over-hyped for my taste, even if they actually deliver very good figures.
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@topicswithhead
You could be right. But they are really stepping on the gas. I even see them advertising all the time
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@Tenbagger2024 Yes, but customer acquisition is easy, keeping them is difficult. Fintech is the strongest start-up sector in Europe. What's more, the battle hasn't even started in America yet. Revolut is there and is actually just waiting for the bank license, it has now applied for it, chime and SoFi are already there and will now take off more and more. I'm very bulish, but they act as if the market can be won just like that. Brokers are one thing, but the others are much better positioned in terms of banking, especially Nu and Revolut
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@topicswithhead In addition, the old banks are not so bad, especially JP Morgan Chase is said to be well positioned
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