Odds and Pricing Explained

All bets are priced in Pounds Sterling, Euros or US Dollars (£, € or $) according to the currency that you select from the drop-down menu on the dealing page and the currency of the funds in your account.

Odds are the price of making a bet quoted in terms of the multiple of the amount of money staked by the client that will be paid out if the bet is won.

All bet prices are quoted on the site in 6 different ways.

1) Binary odds show the stake as a percentage of the amount to be paid out if the bet is won.
Example: odds of 22 would mean that for every $22 staked on a bet, $100 would be won (for a profit of $100-$22 = $78). For example, if a client staked $30 that Gold would go up to $700 an ounce in the next month at odds of 22 he would be paid $136 if he was right (100/22=4.545 then, 4.545*$30 = $136).

2) Fixed odds show the amount that you will be paid if you win the bet (numerator) for every unit that you stake (denominator).
Example: 2/1 means that if you stake $100 and you win you will be paid out $300 - 2 units for each one you stake plus your stake back. It gets a bit more complex when the odds can't be brought down to a denominator of 1 and you sometimes see odds like 132/16. A simple rule for calculating the payout is: Left Hand Figure, Divided by the right hand figure and then multiplied by the stake.

3) Decimal odds show the payout if the bet is won as a multiple of the stake.
Example: if the odds are quoted as 4.6 this means that you would be paid 4.6 times your money if you win the bet (stake of $100 would pay $460 if won).

4) In monetary terms - simply, the price of the bet in Pounds Sterling, Euros or US Dollars. The client enters the amount that they wish to win on the slidey bars and this tells them the price of the bet.
Example: you wish to win $1,000 if Oil touches $52 a barrel in the next 45 days. The site quotes a price of $235. That is the price of the bet.

Each of the odds below represent the same price.

Binary odds	33
Fixed odds	2/1
Decimal odds	3