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How does Binary Betting work?

There are only two possible outcomes for each bet, the make up (result) of each City Index binary market can only be 0 or 100.

There are only two possible outcomes for each bet, the make up (result) of each City Index binary market can only be 0 or 100.

  • If the event does occur, the City Index binary market will make up at 100
  • If the event does not occur, the City Index binary market make up will be 0

If we look at a Binary FTSE Up market, we know that if the FTSE does close Up, the make up will be 100. Hence the movement of the underlying FTSE determines the binary price movement. See the links below for worked examples.

Click on the links below to view a couple of examples.

Example 1
Placing a bet on the Daily FTSE Up

Example 2
Placing a bet on the Handicap Daily FTSE Up > 20