1/0 Game

Ever heard of Binary Options? They are considered to be the new kid on the iGaming block, and surprisingly enough – you can make money in this form of gambling as well, much like with online casinos. But let’s begin with explaining what’s a Binary Numeral System to those who are not geek as we are (i.e. have a living pulse…).

We normally use a Decimal System, in which the figures 0 – 9 are used in order to represent all the known numbers. In the binary version, you would use only 1 and 0, so the figure 9 would be written as 1001, 5 as 101, 3 as 11 (and 0 as Thomas).

Therefore, a Binary Option is a trading tool allowing the user to either pick if the price trend is going to go up (CALL) or down (PUT). Yes, had a sense that even with that bitching hangover lasting since New Year’s Eve, you would still be able to understand it.

In an article written for our fellow online gambling affiliates, we have tried – using very simple words, of course – to explain how the house advantage of such a Financial Trading vertical would work, what are the major KPIs, and why the hell they should care about Conversion and Retention, and also be focused at the CRM & LTV aspects of this yet another, highly moral activity: http://tinyurl.com/HI-AFF2

About iGamingCRM Blog

Shahar Attias, CEO www.hybridinteraction.com "Care to Make it Interesting?"
This entry was posted in Home and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s