Binary Betting

An introductory guide to making money with binary bets

By: John Piper

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Paperback | 1 July 2007

At a Glance

Paperback
160 Pages

Dimensions(cm)
21.2 x 14.3 x 1

Paperback

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The world of betting is changing dramatically - say hello to Binary Betting.

In recent years betting on sporting events and the trading of financial markets have been moving closer to each other, and binary bets are the result of this convergence. Binary bets combine the attractions of sports betting with the flexibility of the financial markets.

Binary bets allow punters to:

Bet on hundreds of different sporting and financial markets
Close out bets before the event takes place
Profit from spectacular price moves
Bet in unusual and unexpected ways - experienced traders will love this

This is the first book on binary betting and explains in simple language what binary bets are, how to trade them profitably and how to reduce risk. Within the book there are many real-life examples of binary betting trades and minute-by-minute analysis of binary price behaviour. In addition the book includes inside tips from an experienced trader who uses binary bets in his trading day in and day out - discover the bet that pays out even when you get it totally wrong!

Find out what makes binary betting the fastest growing area of betting and why traders are switching to the new exciting world of binary bets.

About the Author

John Piper has been involved with markets since his early twenties. In the late 1980s he started to trade options full time and did so right through the Crash of 1987 - an experience that stands him in good stead for the markets today. For over a decade he has been the editor of The Technical Trader, the leading newsletter in the UK for those who trade in futures and options markets worldwide.

Industry Reviews

"I'm very impressed - this is a very useful, readable and thoughtful explanation of binary betting."- Guy Riches, Capital Spreads

"A great piece of work. Well done!"- Nick Maughan, BetsForTraders.com

"Very comprehensive and well written."- Will Hardy, IG Index

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You Can Find This Book In

Non-Fiction Hobbies, Games & Puzzles Gambling Theories & Methods Accounting & Finance Finance Investment & Securities Economics Political Economy Self-Help, Personal Development & Practical Advice Personal Finance

About the Author	p. v
Acknowledgements	p. vi
Preface	p. vii
Who should read this book	p. vii
Why you need this book	p. vii
How this book is structured	p. viii
Introduction	p. ix
A Quick Overview of Betting	p. 1
Betting	p. 3
Types of betting	p. 4
Summary	p. 8
What is a Binary Bet?	p. 9
Comparison with other fixed-odds betting	p. 15
Complementary binary bets	p. 17
Risk and reward	p. 20
Binary bets - the market today	p. 23
Summary	p. 24
Trading Binary Bets	p. 25
Binary betting prices are continually changing	p. 27
Closing out a bet early	p. 30
Trading bets	p. 37
Summary	p. 41
Different Types of Binary Bets	p. 43
IG Index - financial bets	p. 45
IG Index - sports bets	p. 53
Betfair - financial	p. 58
Betfair - sports	p. 59
BetOnMarkets - financial only	p. 60
BetsForTraders - financial only	p. 63
HedgeStreet Inc - financial only	p. 66
ChoiceOdds - financial only	p. 67
Summary	p. 68
Getting Started	p. 69
Choosing a binary betting company	p. 71
Opening an account	p. 73
Logging in	p. 73
Viewing charts	p. 75
Funding your account (margining)	p. 75
Placing a bet	p. 77
Closing a bet	p. 79
Telephone	p. 84
Bet size	p. 84
Limits and stops	p. 85
Monitoring positions	p. 88
Dealing times and times to trade	p. 89
Spreads	p. 90
Tax free	p. 91
Regulation and compliance	p. 91
Commissions	p. 92
Taking profits	p. 93
Summary	p. 95
Real-Life Trading Examples	p. 97
Six trades	p. 100
Summary	p. 127
Ten Binary Betting Tips	p. 129
Appendices	p. 133
Directory of binary betting companies & cash incentives	p. 135
Differences between spread betting and binary betting	p. 138
Different ways of expressing fixed-odds bets	p. 141
Index	p. 145
Table of Contents provided by Ingram. All Rights Reserved.

Binary Betting

An introductory guide to making money with binary bets

At a Glance

Paperback

Industry Reviews

Shipping

How to return your order

Defective items

You Can Find This Book In

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