What is Bitcoin Options?

Fictitious asset prices are created every second by a random number generator.

Each fictitious virtual asset’s price, e.g. WAQWANDA100, is generated by a process called a Geometric Brownian Motion (“GBM”) which establishes a completely random new price every second. Nobody, including this site’s operator, has a clue as to whether the next price will be up or down, let alone howfar up or down.

This creates a completely level playing field where no one is at a disadvantage from ‘insider trading’, ‘spoofing’, or other capital markets shenanigans.

Since the prices generated by the GBM are random number generated the market risk to the ‘house’ is to a great extent alleviated. The ‘house’ is not at risk of a player manipulating the asset price or having ‘insider’ knowledge of the asset.

This means the ‘house’ has a higher quality of earnings which it can share with the player. The house can offer much higher returns to the player so that you will see the ‘Pump’ and ‘Dump’ offering returns more akin to the red and black returns on a roulette wheel.

The reduced risk in running the ‘book’ will be shared with the players by way of more attractive returns.

If a player still does not believe that the ‘house’ is being fair and that the client is being ‘stitched up’ then they can deposit money into the Bankroller and subsequently participate in the share-out of the profits (and losses) on a pro rata basis.

The way the Bankroller operates can be studied here.