Binary Betting: An Introductory Guide to Making Money with by John Piper

By John Piper

The area of having a bet is altering dramatically - say hi to Binary Betting.
In contemporary years making a bet on sports and the buying and selling of monetary markets were relocating in the direction of one another, and binary bets are the results of this convergence. Binary bets mix the points of interest of activities having a bet with the pliability of the monetary markets.
Binary bets let punters to:
- guess on 1000's of alternative wearing and fiscal markets
- shut out bets earlier than the development takes place
- cash in on extraordinary expense moves
- wager in strange and unforeseen methods - skilled investors will love this
This is the 1st publication on binary making a bet and explains in basic language what binary bets are, tips to alternate them profitably and the way to minimize chance. in the booklet there are various real-life examples of binary making a bet trades and minute-by-minute research of binary rate behaviour. moreover the ebook contains inside of information from an skilled dealer who makes use of binary bets in his buying and selling day in and outing - detect the wager that can pay out even if you get it absolutely wrong!
Find out what makes binary having a bet the quickest starting to be region of having a bet and why investors are switching to the hot fascinating international of binary bets.

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Extra resources for Binary Betting: An Introductory Guide to Making Money with Binary Bets

Example text

This would mean that as long as FTSE stays in that range the bet will go to 100 and you will win. If we assume that the prior close was at 6145, the key levels would be at 6105 (6145 – 40) and 6185 (6145 + 40). The slightest touch on either of these levels would send the bet plunging down to zero. If, in the event, FTSE does have a quiet day, you keep your winnings of 35 points (100 less the buying price of 65). At £10 per point that would be a £350 profit. If you want to buy these at lower prices wait until FTSE does see some action and the prices will tend to come down.

For example, a punter backs a horse in a horse race, and then waits to see if the horse wins. If, during the race, the horse that the punter has backed starts slipping back down the field, then all the punter can do is stare glumly at what’s happening. But binary betting is different. g. close out a position early) before the event is over. What this means and how it can be done is the subject of this chapter. Note: The idea of trading bets will be familiar to anyone with a knowledge of trading in the financial markets.

The first two sections are then sub-divided into financial and sports betting: IG Index – financial bets Market to close up or down at a specified time or at the close In financial markets this is the vanilla bet – any company offering any bets at all offers this one. You can find this bet on many market indices, for example the UK FTSE 100 Index or the US Dow Jones 30. There are also currencies and some commodities, for example gold, silver, and oil. Time frames vary from weekly closes to hourly to 20 minute and even 5 minute 45 Binary Betting closes (known as Frenzies).

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