Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

and you can explain all this binary betting time decay thingy while we have a beer. is binary betting the same as fixed odds trading?

Indeed - but in case I drink too much beer and start talking nonsense, there's a very good explanation on www.binarybetting.com (my shiny new broker!) or also www.igindex.co.uk

The difference between the sites as far as I can tell: binarybetting.com lets you pay 1 a point and is quite relaxed and cheerful; IG seems to be a lot more strict about various things and wants 5 a point. IG does have a big pdf document about all kinds of exciting bets, though, which is well worth a read.

If you have any questions, please feel free to post on the "Binary Betting" thread (alas there is no EPIC). Can't say I'll be able to answer them all, what with three hours' experience and all, but I'll have a go.

BB'ing is not the same as fixed-odds trading; BB'ing offers a lot more leverage and flexibility.

Visit This Page for an explanation of Fixed-Odds betting and a load of other useful links. The page is slightly chaotic, but should be of help when comparing the two types of bet.

soul, thanks for your reply, but i'll leave that for a while. i'm still learning about the wonderful world of fx. maybe next year. have a drink instead.

Just what the hot weather ordered, Bos, thanks! (burp).

BTW, in case you haven't seen and are still interested, this week's Shares Mag has an article on Binary betting.

PS - Bosley, that quote about low SP (you know the one I mean) ought to go into the Oxford Dictionary of Quotations, or something. Not taking the mickey out of anybody - I genuinely think it's one of the funniest excuses I've read in a long time. LMAO here in Frankfurt. :o)

Bos. reading about the joy of FX?? Is that a spelling mistake???

Al, if you say it out loud, it's a speech impediment.

Actually FX speculation is the one thing with which I would not have a clue how to get started. I'd feel more confident betting on whether it's going to rain on my next birthday.

So, Bos, if you manage to unlock the secrets of successful FX trading and care to share them, I shall be hanging on your every word.

I binary bet with IG Index , have bet on the Dow or FTSE to finish up or down at the end of the day ,but seem to lose as much as i gain so now i stick to Boxing where i regularly take them to the cleaners ,,they often have fighters as favourites who should be underdogs ,i have spoken to the oddsmaker and he's no expert ...

soul, it's a piece of piss. you bet whether it's going to go up or down. that's it!!! i mean, just how feckin' easy d'ya want it? gawd, it's just so easy ..... not difficult at all ........ eeezzzeeee peeeezzzeeee........truly simple. there's a small group of us getting into it and we are all creaming it 'cos it's soooo easy. if you don't believe me , ask pete just how feckin' easy it is ;))

blimey, jimmy!! now you tell us!!

Back from bonny land much cooler up there.

welcome back, driver. how was scotland?
i once had a fantastic new years eve in edinburgh. left the bars at 11pm and had a wander around. it was absolutely superb, so much going on, outdoor gigs, samba bands, policemen standing there while drunken women queued up to snog them. i asked one if i could borrow his yellow jacket. he told me to f*ck off before playing tonsil tennis with the next girl!!! up the troon for midnight. probably the best new years eve i've had ;)

Bos
Scotland was excellent 28c on Edinburghs, beach; yes they do have a beach. Anyone who hasnt been to Edinburgh should try a long weekend I might be doing the New Year there this year.

Portobello-beach

I went for the fringe festival once, but there wasn't a hairdresser to be seen. Very disappointing.

Sad to see the passing of TOTP.
I don't think i'll ever forget Chris Eubank presenting it and having to say;
"Tonight a very thpecial thinger and a very thpecial thong. Thuggths thinging thethilia".
that and Jocky Wilson. Wonderful memories.

Wasn't what it was though Al , back in the old days bands could actually play ,or maybe i just have a selective memory , i choose to forget the Wombels and the Bay City Rollers ,and remember the likes of Free ,and Led Zep ,and back then they wanted to appear on TOTP ,they would'nt now .