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Binary Betting: An introductory guide to making money with binary bets by John Piper

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3. Trading Binary Bets

This is where things get exciting!

In this chapter we’re going to look at three related features of binary betting:

  1. binary prices are changing all the time
  2. binary bets can be closed out at any time
  3. binary bets can be traded, bought and sold many times before the result

Many readers may believe that betting is a matter of placing a bet and then waiting to see what the result is. 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.

Binary betting allows punters to trade their bets ...

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