secondstrade.com (OP)
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November 02, 2014, 12:51:56 AM Last edit: November 02, 2014, 02:12:20 PM by secondstrade.com |
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My calculation was very simple. I see binary as a 50/50 chance. Maybe there are exceptions, but I think that is only for very skilled binary traders. Maybe I'm wrong, but that's my idea of binary trading. In this case your site pays (at this moment) 1.85 - which is high comparing to other binary trade sites and I like that - (thumbs up). So assuming it is 50/50 - when the house pays 1.85, the house wins 15 on every 200 stakes. 7.5% edge. When you go to 1.80 payout it will be 10%. But I think you (as the house) have far more experience with the actual outcomes of all the trades that players/traders make. I never knew the win rate was ~54%. It is higher than I expected. Thanks for the calculation and keep up the good work with your site ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) In fact , we also thought that winrate might be near 50%. But oursite winrate is 53.44% by 5811 transaction now. Maximun winrate have ever been even 56% . This is why reward of other sites is mostly 70~75% . But we are 85%. To transparent , we have always published our winrate On upper right hand corner . In fact, when we held on event by 90% ~ 95% for 3 weeks , we had have minus house edge. Our reward is 185% for all asset and all expire time frame . we think that this is the best reward in binary option world.
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Vani
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November 02, 2014, 01:07:46 AM |
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Thanks, I found the winrate on the right corner. I will follow this winrate the coming months, because I find this really interesting. If it goes to the 50% the coming months I will also open a binary site ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Domino
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November 02, 2014, 01:44:29 AM |
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I'm also curious about the explanation of the 0.1% house edge. Who knows we will get a calculation that will surprise us all ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) We think that Win rate of binaryoption is 54%. 100÷54=1.851851851851852 house edge is 0.185185...%. 100÷54.1=1.848428835489834 House edge is -0.16...% But if winrate is different, house edge can differ Our winrate has been between 52.8% and 56% So, we think that our house edge is 0.1%. Winrate of Binary option is 54% ? Where on earth did you pull that number from ? There are two, equally likely options, which can be chosen, making the winrate 50%. You are just fabricating this 54% winrate to make it look like a miniscule house edge, but in reality, your house edge is (1- (1.8*50/100 + 0*50/100)) = 10% I'd say advertising your house edge as one hundredth of what it really is is really bad practice.. +1. I am not sure about the longer term binary option, but for the short term one, it is pretty much like playing dice and betting up or down. The players have no way to reasonably predict how the exchange rate or gold price will move in the next few minutes or half an hour. I am interested in your win rate for shorter term option (say, <30minute). Do you have it?
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secondstrade.com (OP)
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Activity: 938
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November 02, 2014, 03:15:15 AM Last edit: November 02, 2014, 02:07:03 PM by secondstrade.com |
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I'm also curious about the explanation of the 0.1% house edge. Who knows we will get a calculation that will surprise us all ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) We think that Win rate of binaryoption is 54%. 100÷54=1.851851851851852 house edge is 0.185185...%. 100÷54.1=1.848428835489834 House edge is -0.16...% But if winrate is different, house edge can differ Our winrate has been between 52.8% and 56% So, we think that our house edge is 0.1%. Winrate of Binary option is 54% ? Where on earth did you pull that number from ? There are two, equally likely options, which can be chosen, making the winrate 50%. You are just fabricating this 54% winrate to make it look like a miniscule house edge, but in reality, your house edge is (1- (1.8*50/100 + 0*50/100)) = 10% I'd say advertising your house edge as one hundredth of what it really is is really bad practice.. +1. I am not sure about the longer term binary option, but for the short term one, it is pretty much like playing dice and betting up or down. The players have no way to reasonably predict how the exchange rate or gold price will move in the next few minutes or half an hour. I am interested in your win rate for shorter term option (say, <30minute). Do you have it? In fact for the first time , we also thought that winrate might be near 50%. But oursite win rate is 53.44% by 5811 transaction now. Maximun win rate have ever been even 56% . This is why reward of other sites is mostly 70~75% . But we are 85% for all assets and all time frame. To transparent , we have always published our win rate On upper right hand corner . In fact, when we held on event by 90% ~ 95% for 3 weeks , we had have minus house edge. because 53.44 % is from 5811 transaction, We think that this number is credible. There is no other binary option site have published their winrate like us. we offer real time win rate. transaction of our site have been mostly 1 minute though we offer 1~720 time frame. you can regard our win rate as one for shorter term option
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secondstrade.com (OP)
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November 02, 2014, 05:32:51 AM |
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We have offered 1~720min time frame since opened. Our win rate is include long term and short term option.
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Watoshi-Dimobuto
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November 02, 2014, 06:46:22 AM |
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Yes, currently secondstrade.com offers the best in similar binary options.
I have a website which compares binary options. I will open it by the end of this month.
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secondstrade.com (OP)
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Activity: 938
Merit: 1000
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November 02, 2014, 01:34:16 PM Last edit: November 02, 2014, 01:54:15 PM by secondstrade.com |
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Yes, currently secondstrade.com offers the best in similar binary options.
I have a website which compares binary options. I will open it by the end of this month.
thank you, i hope that your website is opened as soon as possible.
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secondstrade.com (OP)
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Activity: 938
Merit: 1000
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November 02, 2014, 01:53:35 PM Last edit: November 02, 2014, 09:42:13 PM by secondstrade.com |
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Thanks, I found the winrate on the right corner. I will follow this winrate the coming months, because I find this really interesting. If it goes to the 50% the coming months I will also open a binary site ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) yes , you have a good idea. but minimum winrate of our site was 52.8 % , and continually go up , then now it is 53.45%. we think that win rate of only last week was above 54%. this is a different thing with other games like sort of dice. binary option' result can be changed by your ability. and you can enhance your ability. there is the reason that reward of the other many binary option sites is 70~75%. thank you.
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secondstrade.com (OP)
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November 02, 2014, 10:32:05 PM Last edit: November 02, 2014, 11:18:15 PM by secondstrade.com |
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My calculation was very simple. I see binary as a 50/50 chance. Maybe there are exceptions, but I think that is only for very skilled binary traders. Maybe I'm wrong, but that's my idea of binary trading. In this case your site pays (at this moment) 1.85 - which is high comparing to other binary trade sites and I like that - (thumbs up). So assuming it is 50/50 - when the house pays 1.85, the house wins 15 on every 200 stakes. 7.5% edge. When you go to 1.80 payout it will be 10%. But I think you (as the house) have far more experience with the actual outcomes of all the trades that players/traders make. I never knew the win rate was ~54%. It is higher than I expected. Thanks for the calculation and keep up the good work with your site ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Yes, if simple calculration is applied to, winning rate may be near 50%. But binary option is more complicated than general gambling game. Binary option use real assets that is traded in the world. You can predict the price with chance of above 50%. If you trade many game, your ability may be enhanced more. by our experience, we think that win rate of our site may be above 54% this week. if such thing happen, our house's edge will be minus.
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secondstrade.com (OP)
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November 02, 2014, 11:37:02 PM |
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because btc-e has a problem to get quotes, exchange of LTC/USD index is changed now ( btc-e ==> hibtc)
changed equation of LTC/USD index is below
average of okcoin, hibtc, btcchina, huobi (huobi/6.11187 + okcoin + hibtc + btcchina/6.11187)/4 btcchina, and huobi are chinese exchanges, so divide the last price by 6.11187 to get the equivalent rate in USD
thank you.
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secondstrade.com (OP)
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November 03, 2014, 12:30:05 AM |
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www.secondstrade.com is going to start a regular service with ending beta service. reward rate is 185% for all assets and all expire times. this is the best reward in binary option. we think that when reward is 185% and win rate is 54%, house edge is 0.1%. and maximum betting amount is 0.5 BTC. you can trade what you want to. we hope that we will be a innovation of binary option.
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secondstrade.com (OP)
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November 03, 2014, 02:10:37 AM Last edit: November 03, 2014, 02:25:22 AM by secondstrade.com |
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I think other binary option trading site they had gone so far get a tremendous edge ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) More than different type of gambling game s ok, i agree with you. but i think that if winning rate may be above of 54%, their house edge is not such a tremendous edge. because all business need to investment. they may invest to make the site, advertise, etc.. but we want to reduce the cost and raise the reward as many as we can. we made all of our site by ourselves. advertise use only SNS(bitcointalk, facebook, twitter, google+, raddit, paste bin, and chatting room of exchange ...). we do not hire binary option broker. we have not a wage and dividend yet. nevertheless as you know we are a deficit now (you can calculate with our winrate and our event reward) so, we can give the 185% reward. we want our site and service to be known to many people. we want to be a innovation of binary option with using bitcoin. we do not want to seek immediate gains. thank you.
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jarrick
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November 03, 2014, 09:02:14 AM |
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Hi
Nice site. I love doing binary option. It would be great to stay at 195% rewards. Your site is attractive ones. Any bonus to try at here?
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secondstrade.com (OP)
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November 03, 2014, 09:13:28 AM |
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Hi
Nice site. I love doing binary option. It would be great to stay at 195% rewards. Your site is attractive ones. Any bonus to try at here?
195% reward was during event, reward of our site is 185% for all asset and all time frame now. our bonus is giving the best reward in binary option sites. we think that there is no site that gives 185% reward for all asset and all time frames. thank you.
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jarrick
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November 03, 2014, 09:15:41 AM |
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Hi
Nice site. I love doing binary option. It would be great to stay at 195% rewards. Your site is attractive ones. Any bonus to try at here?
195% reward was during event, reward of our site is 185% for all asset and all time frame now. our bonus is giving the best reward in binary option sites. we think that there is no site that gives 185% reward for all asset and all time frame. thank you. Yapzzz. Okay.. will try out with secondtrade.com. is there any affiliate offer?
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secondstrade.com (OP)
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Activity: 938
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November 03, 2014, 09:24:46 AM |
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Hi
Nice site. I love doing binary option. It would be great to stay at 195% rewards. Your site is attractive ones. Any bonus to try at here?
195% reward was during event, reward of our site is 185% for all asset and all time frame now. our bonus is giving the best reward in binary option sites. we think that there is no site that gives 185% reward for all asset and all time frame. thank you. Yapzzz. Okay.. will try out with secondtrade.com. is there any affiliate offer? we have no affiliate offer yet. but if there is any affiliate offer, we will check it .
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jarrick
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November 03, 2014, 09:36:58 AM |
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Hi
Nice site. I love doing binary option. It would be great to stay at 195% rewards. Your site is attractive ones. Any bonus to try at here?
195% reward was during event, reward of our site is 185% for all asset and all time frame now. our bonus is giving the best reward in binary option sites. we think that there is no site that gives 185% reward for all asset and all time frame. thank you. Yapzzz. Okay.. will try out with secondtrade.com. is there any affiliate offer? we have no affiliate offer yet. but if there is any affiliate offer, we will check it . Thanks
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adaseb
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Up to 300% + 200 FS deposit bonuses
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November 03, 2014, 09:57:59 AM |
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Looks interesting but where do you get your price data from? I checked on the website and I couldn't find it.
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secondstrade.com (OP)
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November 03, 2014, 12:30:39 PM |
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