Bitcoin Forum

Economy => Trading Discussion => Topic started by: BlumpkinFairy on March 05, 2015, 06:28:21 PM



Title: Questions re. Binary Trading
Post by: BlumpkinFairy on March 05, 2015, 06:28:21 PM
So I'm considering doing some binary trades on BtcOracle, here are the odds when guessing if the price will go higher:

https://i.imgur.com/UXtdG1p.png

So I'm wondering if it's possible to calculate from these odds what their fee is? I would also like to know how often I need to be right if the return is say 1.25 (if you're wrong you lose your btc).


Title: Re: Questions re. Binary Trading
Post by: BlumpkinFairy on March 05, 2015, 07:42:02 PM
Ok so I figured out how many times I need to win at given odds to turn a profit but I'm still wondering if it's possible to figure out how much juice they're charging.