tell me about

Discussion in 'Retail Brokers' started by IronFist, Nov 18, 2008.

  1. i thought it was a betting site but you can go short?
  2. Pekelo


    If you bet against something you are essentially short...
  3. Most of what they offer are just binaries, that settle @ $10 if the event happends.
  4. Intrade offers the ability to bet both sides on every contract. Sometimes the spreads are quite wide, especially for less traded contracts. The contracts are valued between 0 - 100 based on the probability the market assigns to the event's likely outcome. There are no margins so no need to worry about counterparty risk. Once a contract's outcome has been determined (based on fine print for each contract) Intrade automatically settles it at either 0 or 100 and charges a fee per contract if you settle in the money.
  5. Cool, thanks.