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Betting Rules

This betting application is different so the player needs to understand exactly how it works.


Generic Rules:
  1. INDICATIVE ‘CASH OUT’ OFFER: We offer a Cash Out function up to three seconds before the Finishing Line. We show an indicative bid to the player who wants to Cash Out their bet in order to take their profits or cut their losses. Internet latency shows the Cash Out amount to be at that split second in time.
    The player who hits the Cash Out button is sending an instruction through the cloud which will take, maybe 0.2 of a second or longer. The player could therefore get a lower or higher Cash Out than was expected.
  2. PRICE CHART RENDERING: Price charts take time to render or build in a manner that can be presented on your screen. This means there is a slight delay between the presented graph and price and the actual price.
  3. TARGET PRICE/VIRTUAL PRICE SPREAD: Over time you will see the target levels move towards the virtual price; the gap between the target and the price reduces over time. There is always a 25% chance of the price being above the target level at the Finishing Line.

    The payout on this bet type is 4.0 or 300% (depending on the format you choose in Settings). If you look at the distance between the price (black) and the target level (blue outlining the turquoise shading) you will see that the gap is greater on the left than just prior to the 'Betting Suspended' vertical dashed line on the right. If this gap between the target level and virtual price was constant throughout the life of the bet then the earlier you place the bet the greater the player's chance of winning the 4.0, 300% payout. This is because the price has a better chance of reaching the target the more time there is.
    Clearly the jaws of the IN-OUT are much wider on the left than on the right of the price chart meaning that you, the player, have the same probability of winning irrespective of how much time there is before the bet finishes. In this instance, if the target level gap was constant then the later the player leaves it before placing their 'IN' bet then the greater the chance of the player winning, which is unfair on (sporting) us. The player has placed an OUT bet but has the same chance of winning if the player had placed the bet 10 minutes earlier.
  4. COLOUR FORMATTING: On the IN-OUT chart the red is the 'no go' area and is where the bet will lose. The HI-300 chart above shows a blue shading where the bet will win. This colour format is common to all strategies. The colour of the lines of the target levels is also relevant. In the IN-OUT one can see the boundary lines are coloured green. This means it is OK for the virtual price to stray into the red areas and that the position of the virtual price at the 'Finish Line' is what counts.
    Below, the Double Crash has red lines (not green) to indicate that the virtual price must not even touch one of these lines to avoid the player being KO'd. A No-Crash bet has been placed and it has the same probability of winning as a bet placed at 1:48:00.