Читать книгу Binary Trading - John Piper - Страница 61
Example 3.1: Football match
ОглавлениеArsenal are playing West Ham and the bet Arsenal to win is priced at 51/56 and the bet West Ham to win is priced at 29/34. [1]
You favour Arsenal but think it is over-priced. So you bet on West Ham to win (you pay 34). You go for £10 per point and your risk is £340 (34 x £10) and your potential profit is £660 (66 x £10).
The match starts and West Ham get off to a roaring start scoring the first goal after 10 minutes and Arsenal have a key man sent off. The binary price jumps to 65/68. This means that you could sell the bet at 65 – you are well up!
You decide you are going to sell, you sell at 65 and bag 31 points (the 65 sale price less you purchase price at 34) at £10 per point = Profit £310.
The match continues and Arsenal come back into the game and score two goals. Suddenly the West Ham to win price drops to 5/8.
It’s too good to miss, you buy at 8…
The following chart shows these movements.