Bet info

In fixed and floating odds winnings are a multiple of the price. E.g. a 5/1 win will pay out five times your stake (plus your stake).

In binary bets winnings/losses are calculated as follows:

When BUYING, Profit/Loss = The closing price minus the opening price times your bet size (per point).

When SELLING, Profit/Loss = The opening price minus the closing price times your bet size (per point).

Example One:

The bet is that the Dow Jones will close up at the end of the day. The odds are 2/1. You bet with a stake of £25. The Dow does close up. The bet is then won. Your profits:

2 x £25 = £50 (plus your stake)

Example Two:

The bet is that "the Dow will close higher on the day". The price is 27-30. You BUY (agree with the proposition) at 30 for £5 per point. The Dow does close higher on the day, meaning that the bet makes up at 100. Therefore your winnings are:

(100 - 30) x £5 = £350

Example Three:

The same bet, that "the Dow will close higher on the day". The price is 27-30. You BUY (agree with the proposition) at 30 for £5 per point. The Dow does NOT close higher on the day, meaning that the bet makes up at 0. Therefore your winnings - or losses in this case - are:

(0 - 30) x £5 = -£150

Example Four:

The same bet, that "the Dow will close higher on the day". The price is 46-49. You SELL (disagree with the proposition) at 46 for £5 per point. The Dow does NOT close higher on the day, meaning that the bet makes up at 0. Therefore your winnings are:

(46 - 0) x £5 = £230