Binary betting is a new type of betting that was first
introduced into the UK in 2003 providing an exciting alternative to
financial spread betting.
Binary betting gives you the option to decide whether an event
will occur or not and hence can only have two outcomes. Will the
FTSE 100 close Up at the end of the day - yes or no? Will the Wall
Street close Up more than 50 points today - yes or no?
As there are only two possible outcomes, the make up (result) of
each City Index binary market can only be 0 or 100.
Hence, if the event does occur the City Index binary market will
make up at 100, and if it does not occur the make up will be 0. So
with the FTSE close up market, if it does close Up the make up is
100, and if it does not the make up is 0.
The key benefits of Binary Betting are:
- Fast moving Markets
- High Volatility with controlled risk
- Open and close bets at any time whilst the City Index binary
market is open
- Narrow Spreads
- Bet on hourly, intraday and Daily markets
Most people using binary betting prefer the fast, exciting
opportunities that it offers - even in a static or falling market.
They support their decisions with technical research, charting,
statistical analysis or just instinct - binary betting can be as
simple or as sophisticated as you choose to make it.
Binary Betting is a form of fixed odds betting and is activity
not regulated by the Financial Services Authority. The normal
protections afforded by the regulatory framework do not therefore
apply.
Information on Responsible gambling