Betting Rules

This betting application is different so the player needs to understand exactly how it works.

Generic Rules:

1. INDICATIVE TARGET PRICES: All target prices seen on screen are indicative due to internet latency.
2. INDICATIVE ‘CASH OUT’ OFFER: We offer a Cash Out function almost to the final seconds to expiry. We show an indicative bid to the player who wants to Cash Out their bet in order to take their profits or cut their losses. Yet again internet latency shows the Cash Out amount to be at that split second in time; the client could get a higher Cash Out than was expected by them.
3. PRICE CHART RENDERING: Price charts take time to render or build in a manner that can be presented on your screen. This means there is a slight delay. Below, on the ‘Betting’ page, top right you will see a ‘Current Price’ 1.25971 of the asset. This is the fastest up-to-date price. The price 1.25969 in the red block sliding up and down the price scale is slightly delayed.
   
4. TARGET PRICE/ASSET PRICE SPREAD: Over time you will see the target prices move towards the asset price. This is because we are a sporting lot who want to treat our clients fairly! For example, take a look at the Big Pump below.
   
   The payout on this Big Pump is 3/1, 4.0 or 300% depending on the format you choose in Settings. If you look at the distance between the virtual asset price (black) and the target price (blue outlining the green shading) you will see that the gap is greater on the left than just prior to the ‘Bet Suspended’ vertical dashed line on the right. If this gap between the target price and virtual asset price was constant throughout the life of the bet then the earlier you place the bet the greater your chance of winning the 3/1, 4.0, 300% payout. A constant gap between the virtual asset price and the target means the client’s probability of winning literally diminishes by the second. A gradual reduction of the gap means the client has the same probability of winning irrespective of how much time the bet has until it’s ended.
   
   Clearly the jaws of the Tunnel are much wider on the left than on the right of the price chart meaning that you, the client, have the same probability of winning irrespective of how much time there is before the bet finishes. In this instance, if the target price difference was constant then the later you leave it before entering a bet then the greater the chance of you winning, which is unfair on (sporting) us.
5. COLOUR FORMATTING: In the Double Crash and Flatliner charts the red is the ‘no go’ area and is where the bet will lose. The Big Pump chart above shows a blue shading where the bet will win. This colour format is common to all types of bets.
   The colour of the lines of the targets is also relevant. On the Flatliner one can see the boundary lines are coloured green. This means it is OK for the virtual asset price to stray into the red area before the end of the bet and that the position of the asset price at the ‘Finish Line’ is what counts.
   In the below Double Crash the lines are red (not green as in the Flatliner) meaning that the asset price must not even touch one of these lines in order to avoid the bet being KO’d.