Boundary Bets

With Boundary Bets, the payout condition is based upon whether or not the index trades through pre-determined barrier levels. The index only needs to trade at the barrier level once - i.e. an intraday touching of the barrier is sufficient to trigger the bet!

There are 5 types of Boundary Bets :

• Boundary Up Or Down Bets
  This bets pays if the market touches either of a higher or a lower barrier. You win if the market touches either of two pre-determined barriers before or on the date the bet expires.

• Boundary One Touch Bets
  This bet pays if the market touches (just once !) a pre-determined trigger barrier. You would buy a one-touch bet if you believe the market will touch a given point at least once before the bet expires.

• Boundary No Touch Bets
  This bet pays if the market never touches a pre-determined trigger barrier. A no-touch bet is the opposite of the one-touch bet. You would buy a no-touch bet if you think the market will never reach a certain level within a specified range of time.

• Boundary Double Touch Bets
  This bet pays if the market touches (at least once each !) two pre-determined trigger barriers (one downside barrier and one upside barrier). You believe that the market will touch two pre-determined barrier levels (high and low) before or on the date the bet expires.

• Boundary Barrier Range Bets
  This bet pays if the market never touches two pre-determined trigger barriers (one downside barrier and one upside barrier). You believe that the market will never touch two pre-determined barrier levels (high and low) before or on the date the bet expires.

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