A time range bet out, is a bet where you win a fixed amount for every one of a number of time intervals that the asset prices ends outside two strike prices. Every win is locked in at the end of each interval and paid out when the bet expires.
Most spread betting companies make a market in binary betting on various instruments, as well as various time frames. Binary betting is ideal for the short term trader. It offers the potential for dramatic short term returns, but with strictly limited risk. A binary bet is nothing more than traditional fixed odds bet but that is quoted between 0-100.
Binary bet range in, is a bet that where you win when the asset price is within a set range at the time of the bet expires. If the asset price is out of range, at the time of expiry you win nothing but only lose the stake.
A binary bet range out, is the opposite of the in range and you win when the asset price is out of a range at the time the bet expires.
One touch range bet is a bet where if at any time before the bet expires, the asset price touches or goes pasta either of the two chosen strike prices, you basically win.
No touch bet, is a bet where you win when the asset price has never touched or gone past the strike price. If at any time before the bet expires, the asset price touches or goes past the strike price you win nothing, but only lose your initial sake.