Having spent most of my times betting on sports I am now looking at the FTSE 20 min, for the first time.
There is a BET and LAY for the FTSE Up and a BET and LAY for the FTSE down. However I cant seem to get my head around why there is a FTSE DOWN- BET AND LAY as surely Laying the FTSE up (so you are betting it will close down), is the same as placing a FTSE down BET, and therefore Laying the FTSE down would be the same as placing a FTSE up bet. Hope I have explined that clearly.
Can someone please explain in simple terms what I am mis-interpreting here.
Many Thanks
FTSE Betting
You're correct i think - not looked at the market for a while
Just need to pick the best odds for your trade. I don't think BF employ cross-matching on this market
Just check out the rules for a DRAW (i.e. market closes level) - not sure when it's happened, can't be more than once a year i guess but worth checking nonetheless
Just need to pick the best odds for your trade. I don't think BF employ cross-matching on this market
Just check out the rules for a DRAW (i.e. market closes level) - not sure when it's happened, can't be more than once a year i guess but worth checking nonetheless
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lennontrader
- Posts: 20
- Joined: Wed Jun 09, 2010 8:33 am
If it is the same then it is awarded to up, this is the only difference in the twotoptrader wrote: Just check out the rules for a DRAW (i.e. market closes level) - not sure when it's happened, can't be more than once a year i guess but worth checking nonetheless