Over
- The ‘Over’ (with the ‘Under) is the most basic way of betting on the future direction of a virtual price.
- They are not complex bets hence their huge popularity.
- The target price is always the current virtual price so if one were to bet ‘Over’ then the virtual price at the end of the bet has to be higher than the virtual price when you entered the bet.
- N.B. Latency: In this instance the current Wakanda Wong v Lilliput Lira price is 100.9010 as shown in the top right-hand corner of the Betting page. This virtual price is repeated in the Order Ticket under Target 1. They are indicative prices and latency means that the Target 1 price you see may not be the Target price you get on hitting the 'Bet Now' button. There is a 50:50 chance the target price will be higher or lower than the Target 1 price in the Order Ticket.
- The red-backed price on the right-hand scale shows 100.8940. Graphics latency means this virtual price is upto 1 second behind the actual virtual price. The price charts are there as a graphic representation of historical prices, not prices to bet from.
Under
- ‘Under’ – the opposite of the ‘Over’.
- Current Knobweed price is 7.1643 which is the Target 1 level with chart level of a slightly latent 7.1644.
- This is a 15 minute bet with just 1 minute 57 seconds to run.
HighLine
- The HighLine presents a target price ABOVE the current virtual price. In the adjacent screenshot the Knobweed price is 7.1661 and the target price is 7.168332.
- The term of the bet is 15 minutes (top left) of which there are 2m 20s (top right) remaining.
- Compared to the Over there is a lower probability that the bettor will win hence the bettor is offered a higher return.
- The return on offer to the bettor is 300%.
- The gap between the virtual price and the target price narrows over time so you will notice the latest virtual price on the right is much closer to the target than the virtual price on the far left. This is to keep a constant probability of the bettor winning.
LowLine
- The opposite of the HighLine
- A 30 second LowLine bet on the virtual price of Bombastium.
- Bombastium current price is 35.2892 and the lower Target 1 level is 35.284865 while the delayed chart price is 35.2877.
HighTouch
- The HighTouch presents a target price ABOVE the current virtual price. The virtual price must touch the target level at any time prior to the end of the bet for the player to win.
- In the adjacent screenshot the Corrodium price is 91.9776 and the target price is 91.987195.
- The term of the bet is just 30 seconds (top left) of which there are just 8 seconds (top right) remaining.
- The bettor is offered a return of 200% (3x).
- The gap between the virtual price and the target price narrows over time so you will notice the latest virtual price on the right is much closer to the target price than the price on the far left. This is to keep the chances of the bettor winning constant which in turn means there is no advantage or disadvantage gained or lost by betting early or late.
LowTouch
- The opposite of the HighTouch
- This is a 30 second LowTouch bet on the Shangri-La Lucre v Lilliput Lira.
- Current virtual price is 2.31029 with target level of 2.3099288. The chart is showing 2.31036.
Tunnel
- The Tunnel presents two target prices, one ABOVE and one BELOW the current virtual price, between which the virtual price must be at the end of the bet.
- In the adjacent screenshot the Gulliver100 Index price is 6915.2 with target prices of 6919.059 and 6911.342.
- The term of the bet is 15 minutes (top left) of which there are 11 mins 28 secs (top right) remaining.
- The bettor is always offered a return of 100% (2x).
- The gap between the two target prices narrows over time so the target prices gap on the left of the chart is far wider than the gap towards the end of the bet. This is to keep the chances of the bettor winning constant.
- The target prices are delineated in green to show the virtual price can venture into the red area prior to the bet’s end.
Double No-Touch
- The Double No-Touch also presents two target prices, one ABOVE and one BELOW the current virtual price. The virtual price must always remain between the target prices right up until the end of the bet otherwise the bet immediately gets KO’d.. So, unlike the Tunnel, the virtual price cannot encroach into the red area prior to the end of the bet.
- In the adjacent screenshot the Shangri-La Lucre v Lilliput Lira price is 2.31028 with target prices of 2.3112199 and 2.3093404. The term of the bet is 5 minutes (top left) of which there are 1 mins 58 secs (top right) remaining.
- The bettor is always offered a return of 100% (2x).
- The target prices are delineated in red to show the strategy is immediately KO’d, that the virtual price cannot touch either the red line or area.
Over Tug-of-War
- The Over Tug-of-War presents a target price ABOVE and BELOW the current virtual price. If the virtual price hits the upper target price then the bettor immediately wins. If the virtual price hits the lower target price the bettor immediately loses.
- In the adjacent screenshot the Lilliput 10 Year Bond future's price is 99.532 with target prices of 99.57563 and 99.48837.
- The term of the bet is 15 minutes (top left) of which there are 11 min 00 seconds (top right) remaining.
- The gap between the two target prices and the virtual price are equal. This means that there remains a 50:50 chance of winning or losing.
- The target prices are delineated in green and red to show the strategy immediately wins or is KO’d, on touching the green or red line respectively.
- If the virtual price hits neither target prices the bettor is returned the stake less a small percentage of the stake.
Under Tug-of-War
- Opposite of the Over Tug-of-War.
- The current virtual asset price of the Malgudi Mark v Lilliput Lira is 0.77107 with lower Target 2 of 0.7707449 and upper Target 2 Knock Out level of 0.7713951.
- This is a 15 minute bet with 10m 27s yet to run.