Detailed Information On Binary Bets From Financial Spread Betting Ltd.

The company Financial Spread Betting Ltd. understands the intricacies and nuances of the practice of spread betting and they are also an authority when it comes to binary bet strategies, tips and techniques. The concept of this form of betting started only in 2003 and gradually became immensely popular after making an initial foray into the market. Introduced as a lucrative form of making money by the company IG Index, their immense popularity lead to the launch of a new company called ExtraBet that starting dealing exclusively with binary bets and eventually also gave way to an all-new platform for binary betting known as Binexx by the company CityIndex, which was later integrated directly into their platform right from the time it was established in April 2004.

Apart from a lot of useful information and guidance regarding spreadbetting, the website financial-spread-betting.com is a useful source of information that also helps visitors and users understand the underlying concept of binary betting. There are a few differences as far as binary betting goes and these include, the betting price is never evaluated based on the underlying value of the instrument in question and is in fact dependant on the probability of the occurrence of the event on a scale of 0 to 100.

As observed, the value of the final quote or bet is directly dependant on the chance and the probability of the occurrence of the event. Another difference is that these bets are associated with two-way prices that are commonly referred to as the offer and the bid that are measure in terms of pounds per point. Once the bets reach their set period of expiry, the two possible outcomes or consequences are that the event either occurs or does not occur. Event occurrence results in the bet settling at 100 and the lack of occurrence results in a settlement at 0. Furthermore, the markets for these binary bets are never open after the official hours of trading and the official price of settlement is fixed once the market closes at a specific closing price that may be hourly, daily, or weekly.

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