Guide to Binary Betting

Binary Option BettingIt is going to be something of a minefield to the novice Binary Option trader when they first discover this new market trading environment, and as such whilst many sites will allow you to trader Binary Options instantly, many people prefer to bet on Binaries as this is a much easier process to understand.

When you place a bet or wager or as they are know a trade on a Binary Option you are taking a short term view on the performance of whatever market place you are wagering on or you will be placing a trade on the volatility levels of any such market.

When you place a Binary Bet online then you are simply predicting whether something will happen or whether it will not happen, and as such there are only ever going to be two outcomes to such an event you have placed a Binary Bet on, and this is what appeal to many people as unlike gambling in general which can through up many different outcomes Binary Betting only offers two outcomes.

The structure and format of any Binary Bet is going to be priced by the Binary Betting site with a figure from 0 up to and including 100, and the actual figure quoted is going to vary dependent on a number of different factors not limited to when the trade will end or expire along with the market price of the Binary Option.

Placing a Binary Option Type Bet

When you choose any Binary Option trading or betting site then you are going to be able to scroll through a listing of the up and coming open live markets, and on each one listed you are going to be able to place, in its basic form, a wager on whether something is going to happen to that Binary or not.

As an example you may see a market for a currency and you will be able to choose whether the currency is going to end up being worth a certain level or higher at a certain time in the trading day. There are of course two possibilities in regards to this kind of trade and that is simply a yes or a no.

Another type of trade which you will regularly see is in regards to a stock market, and once again you will be able to place a trade on whether you think the market will close at or above a certain level.

If you think the currency level or stock market close price is not going to be above the levels indicated and offer then you place what is known as a Sell Option on those markets, so in effect you are disagreeing with the option offered.

However if you think the market price of the currency is going to be over a certain level as shown on the listing then you Buy this market option.

Alongside the Buy and Sell option you will see what is known as the Spread and as such let us give you an example of such a spread, and these are always listed in the range of 0 to 100 depending on the market makers view of each event actually happening similarly to the odds offered on a horse race or a soccer match.

So a spread could be for example listed as 88.00 to 90.89 and if you disagreed that the price of whatever the market is made up of is going to increase at the end of the binary option trading period you would Sell at the first listed figure that being 88.00 or if you agree the price will end up at the end of the trading period you would Buy at 90.89 in our example.

Once you have placed your Binary Bet then at the end of the allotted time period the wager will be settled accordingly, so if you chose the correct movement in the market you have won however if you predicted the incorrect movement in the market you will have lost your Binary Bet.