Bet Types

A fixed odds bet is a bet on an event - in this case a financial event - where all prices (or odds) are fixed but where the strike price (the price the market needs to reach for the bet to be "won") is moving.

It might be a 5/1 bet that the market will end above 6301. A few seconds later it might be 5/1 that the market will end further up, above 6305.

The winnings of a fixed odds bet are calculated as a multiple of your stake. Therefore, a winning 5/1 bet would see you collect five times your stake, plus your original stake.