O'Reilly logo

Binary Options: Fixed Odds Financial Bets by Hamish Raw

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

7. EachWayBets

7.0 Introduction

An eachwaybet is a tiered bet offering a middle range where the bet settles at 50. Examples of eachwaybets would include:

A bet that gold will finish above $1,100 at the year end. If it does, then the bet settles at 100. If not, but gold is above $1,000 year end then the bet settles at 50, otherwise zero.

A bet that oil settles below $130 at the end of October. If it doesn’t but is in the range $130-$140 then it is still settled at 50, above $140 it settles at zero.

A bet that the annualised Consumer Price Index number for June is above 4.5%. If not, but the CPI is above 4.00% then the bet settles at 50, but if the CPI is below 4.00% the bet settles at zero.

7.1 Price Specificaton

Eachwaybets provide ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required