Binary Betting
Binary betting displays odds as an index from 0 to 100 where the bet settles at 100 if the event happens and 0 if it does not. An amount is wagered per point on the index. The event can be bought or sold, making it possible to profit both from the event occurring or not occurring.
Read more about this topic: Financial Betting
Famous quotes containing the word betting:
“What is faith but a kind of betting or speculation after all? It should be, “I bet that my Redeemer liveth.””
—Samuel Butler (1835–1902)