Wednesday 28 April 2010

Australian Reserve Bank trading

Peter Martin reminds us that the Aussies stopped Centrebet contracts on the Aussie Reserve Bank decision. But, Sportsbet.com.au apparently is still offering contracts: $1.20 for $1 on no change and $3 for a rate hike.

iPredict's contracts are at $0.67 for no change ($1 gets you $1.49); $0.31 for a 25 bp increase ($1 gets you $3.22); $0.02 for a 50 bp increase ($1 gets you $50). iPredict takes its 2% commission on profits at withdrawal.

Too bad the Australians aren't allowed to trade on iPredict; the prices are better.

No comments:

Post a Comment