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DOUBLE UP/DOWN BETS

There are two types of Doubles bets : the Double Up/Down bets, and the Intraday Double Up/Down bets.

  1. Double Up and Double Down bets expire at the close of business on the day of purchase of the bet. A Double Up bet pays two times the stake if the market rises above a given level between the time of purchase and the close of trading. A Double Down bet pays two times the stake if the market drops below a given level between the time of purchase and the close of trading.

    Note : during a 'fast market' (i.e. a very large market move during the day), double up and double down bets may be priced at less than two times the stake.

    • The "Double Up" Bet

      Buy this bet to play a market rise between now and the market close today.

    • The "Double Down" Bet

      Buy this bet to play a market drop between now and the market close today.

  2. Intraday Double Up and Double Down bets, on the other hand, let you play a market move between two given hourly times during the day. You will have the ability to set the starting hour of the bet and the ending hour of the bet, and you will win 2 times your stake (minus our small commission) if the market follows your prediction.

    • The "Intraday Double Up" Bet

      Buy this bet to play a market rise between two given market times today.

    • The "Intraday Double Down" Bet

      Buy this bet to play a market drop between two given market times toda

EXPIRY BETS

With "Expiry Bets", the payout condition is based upon the value of a given index at the close of business on a given day (the expiry day).

The available Expiry Bets are :

  • The "Bull/Bear" Bet

    This bet lets you set a barrier level above or below which the index must stand on the expiry date for you to win the payout.

  • The "Expiry Range" Bet

    This bet lets you set two barrier levels, above *and* below which the index must stand on the expiry date for you to win the payout

BOUNDARY BETS

With "Boundary Bets", the payout condition is based upon whether or not the index trades through pre-determined barrier levels. The index only needs to trade at the barrier level once - i.e. an intraday touching of the barrier is sufficient to trigger the bet !

There are 5 types of "Boundary Bets" :

  • The "One Touch" Bet

    This bet pays if the market touches (just once !) a pre-determined trigger barrier.

  • The "No Touch" Bet

    This bet pays if the market never touches a pre-determined trigger barrier.

  • The "Range" Bet

    This bet pays if the market never touches two pre-determined trigger barriers (one downside barrier and one upside barrier).

  • The "Double Touch" Bet

    This bet pays if the market touches (at least once each !) two pre-determined trigger barriers (one downside barrier and one upside barrier).

  • The "Up or Down" Bet

    This bets pays if the market touches either of a higher or a lower barrier.

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