Binary betting - FTSE / Dow

This is a discussion on Binary betting - FTSE / Dow within the Fixed Odds & Binary Betting forums, part of the Markets category; IG 's rejected bets are very annoying at times. Binexx are an exchange so they can't limit you for a ...

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Old Sep 20, 2005, 10:40am   #65
 
BinarySoft Chris's Avatar
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IG's rejected bets are very annoying at times.

Binexx are an exchange so they can't limit you for a winning streak, but you are right they do have very poor liquidity and it doesn't look like it's gonna pick up any time soon. All the prices on binexx are quoted by a market maker, and have a fairly wide spread.
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Old Sep 20, 2005, 11:07am   #66
Joined Aug 2004
Well Binex are an exchange in name only, and since 99% of trades are against their market makers they could choose to delay users when trades are going to be matched against their them.

Any news on when Fins are going to expand their Bins?

Quote:
Originally Posted by jules101
IG's rejected bets are very annoying at times.

Binexx are an exchange so they can't limit you for a winning streak, but you are right they do have very poor liquidity and it doesn't look like it's gonna pick up any time soon. All the prices on binexx are quoted by a market maker, and have a fairly wide spread.
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Old Oct 29, 2005, 6:24pm   #67
Joined Dec 2004
Who offer the following fixed odds bets;
No touch,one touch, barrier range,... on stock indices (S&P, FTSE,...) ??

I know BetonMarket, Refcofx (only for currencies unfortunately) but Iam looking a a serious company like Refco to bets on stock indices barriers


Quote:
Originally Posted by Bintrader
Well Binex are an exchange in name only, and since 99% of trades are against their market makers they could choose to delay users when trades are going to be matched against their them.

Any news on when Fins are going to expand their Bins?
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Old Oct 29, 2005, 10:38pm   #68
 
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Sorry, I only know of Betonmarket for what your asking.

UK
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Old Oct 30, 2005, 6:40pm   #69
 
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Quote:
Originally Posted by parisd
Who offer the following fixed odds bets;
No touch,one touch, barrier range,... on stock indices (S&P, FTSE,...) ??

I know BetonMarket, Refcofx (only for currencies unfortunately) but Iam looking a a serious company like Refco to bets on stock indices barriers
Have you had a look at Ig index and binary bet .com or not????

I have lost a lot of money with these companies because the market is too fast moving....
Please take care and risk management is very important....

Happy trading rav
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Old Oct 30, 2005, 6:54pm   #70
 
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If a contract trades between 0 and 100, and it can only expire at 0 or 100, then you know that it either expire at 0 or 100.

You know where is the bottom, and you know where is the top, and you know where is the worst: neither here nor there. You can buy and you can sell.

If you buy something at 1000 and sell it at 1100, you make 100. If you buy something at 100 and sell it at 200, you make 100. 100 is 100. But if you buy at 1000 you risk 1000.

When you can know the time to expiry, the underlying index, the strike, you can gauge how far it is to finishing line, how much time is left, whether it is probable that it can move by a certain amount within that given time.
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Old Nov 1, 2005, 9:40am   #71
 
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If we define an event as:

Weekly: both contract-1 AND contract-2 end Up. If we observe that the probability of that happening is about 0.9. Then we can take a 1:9 Reward-to-Risk.

Although personally I hesitate to risk 9 for a 1 reward.

And the same contracts for:

Daily: both contract-1 AND contract-2 end up, I see the probability as 0.7, much lower than the Weekly scenario.

Once or twice a month the Weekly scenario presents a 2:8 Reward-to-Risk opportunity.

Intrade and Binexx can be used to execute many strategies.
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Last edited by Anonymous; Nov 1, 2005 at 9:46am.
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Old Sep 20, 2006, 10:49am   #72
 
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how many trade to expiry, I would like to know. Seems IG have a minimum of £2 a point on bins, so I'll open an account at binarybets, and see if I can makes sense of it. I like the pricing, so long as the trade is instant-if it's not, they are cheating and in the world of bookies that should mean having their own beamers driven through the shop window! Of course all spreadbet companies are Arthur Daleys, but only a few make money out of bins,so it seems to be a more level playing field.
PS Never try and day trade ftse with a spreadbet allowing only a stop of 12 ticks- forget the tax, go with IB.
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