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Binary Betting

An introductory guide to making money with binary bets

By John Piper
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About the Author

John Piper

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 ... Read more on John Piper

Contents Listing

About the Author
Acknowledgements
Preface

Introduction
Who should read this book
Why you need this book
How this book is structured

1. A Quick Overview of Betting
Betting
Types of betting
Summary

2. What is a Binary Bet?
Comparison with other fixed-odds betting
Complementary binary bets
Risk and reward
Binary bets - the market today
Summary

3. Trading Binary Bets
Binary betting prices are continually changing
Closing out a bet early
Trading bets
Summary

4. Different Types of Binary Bets
IG Inde - financial bets
IG Inde - sports bets
Betfair - financial
Betfair - sport
BetOnMarkets - financial only
BetsForTraders - financial only
HedgeStreet Inc - financial only
ChoiceOdds - financial only
Summary

5. Getting Started
Choosing a binary betting company
Opening an account
Logging in
Viewing charts
Funding your account (margining)
Placing a bet
Closing a bet
Telephone
Bet size
Limits and stops
Monitoring positions
Dealing times and times to trade
Spreads
Taxfree
Regulation and compliance
Commissions
Taking profits
Summary

6. Real-Life Trading Examples
Six trades
Summary

7. Ten Binary Betting Tips

Appendices
I Directory of Binary Betting Companies
II Differences between spread betting and binary bets
III Different ways of expressing fixed-odds bets

Index
About the Author
Acknowledgements
Preface

Introduction
Who should read this book
Why you need this book
How this book is structured

1. A Quick Overview of Betting
Betting
Types of betting
Summary

2. What is a Binary Bet?
Comparison with other fixed-odds betting
Complementary binary bets
Risk and reward
Binary bets - the market today
Summary

3. Trading Binary Bets
Binary betting prices are cont ...

Useful Links

www.twitter.com/JohnPiperOnline

Jacket Text

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.

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Media Coverage

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"John Piper's book goes from the very basics of betting to the nuances of index trading, providing a simple and comprehensive guide for beginners and a useful handbook for experienced investors. The ...

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