Live Betting
- Thread starter IE
- Start date
I still do not understand this, lol.... does that means someones selling their 50$ -5.5 bet for $44?
at the time im posting this now,
you can buy wisc-mil -5.5 for $48 or sell at $43 to make $100 per contract.
or
you can buy butler +5.5 $57 or sell at $52 to make $100 per contract.
not against someone else.
you can buy wisc-mil -5.5 for $48 or sell at $43 to make $100 per contract.
or
you can buy butler +5.5 $57 or sell at $52 to make $100 per contract.
not against someone else.
What is Live Betting?
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Our Live Betting, a WSEX trademark, allows you to bet on a live event during play. In fact, World Sports Exchange was founded by options traders who wanted to combine the action of a sportsbook with the excitement of the trading floor.
In a Live Betting (or Interactive, as it is sometimes known) event, a client buys and sells "contracts" on the outcome of his/her choice. At the end of the event, the winning side pays off at $100/contract; all other contracts are worth zero.
Prices are updated continuously throughout play, meaning that the value of individual contracts fluctuates based on the contestants' performance.
--------------------------------------------------------------------------------
Our Live Betting, a WSEX trademark, allows you to bet on a live event during play. In fact, World Sports Exchange was founded by options traders who wanted to combine the action of a sportsbook with the excitement of the trading floor.
In a Live Betting (or Interactive, as it is sometimes known) event, a client buys and sells "contracts" on the outcome of his/her choice. At the end of the event, the winning side pays off at $100/contract; all other contracts are worth zero.
Prices are updated continuously throughout play, meaning that the value of individual contracts fluctuates based on the contestants' performance.
I still dont understand.... you can buy it at $48... what is that for a $50 bet? $100 per share?
sorry im asking so many questions, I just cant seem to understand.
sorry im asking so many questions, I just cant seem to understand.
shark said:
It is crack cocaine for the hardcore gambler. I stopped playing at wsex because of it, but damn do i miss it. Maybe I'll give it another shot, ehh :nono:
