BC.Game / Crypto Trading Platform

BC.Game Crypto Trading Platform: UpDown Options & Strategies

If you are looking to speculate on the price of Bitcoin without resorting to the tools offered by conventional centralised crypto exchanges, then you should try the UpDown options offered by BC.Game platform. A simplified betting format where you predict whether the price of a digital asset will rise or fall over a certain period, UpDown attracts players with its dynamics, almost instant results and the ability to win even with only a minimal understanding of the market. With huge profit potential and simple rules, UpDown Options game is suitable for many willing to try their hand at cryptocurrency.

What Are UpDown Options in BC.Game?

Have you had to do classic crypto trading by analysing charts, trading volumes and setting stop losses to avoid significant drops? If regular trading does not suit you for one reason or another, then you should try UpDown options offered by the crypto iGaming platform BC.Game.

Basically, UpDown Options by BC.Game is an opportunity to earn a tidy sum of money simply by predicting the price movement of an asset. That is, you can bet Up (on the price increase) or Down (on the price decrease), i.e., on the direction in which the price will change in a short time. You get a payout if your prediction is correct and lose the bet if it is not. So, if complex trading strategies are not for you, you can always try your luck with the UpDown Options.

How to Play UpDown Options at BC.Game

If you are tired of the usual sports betting and casino games and want to try something new and different, then go to the UpDown section on the BC.Game platform. Here you will be able to make Up and Down bets earning good money on correct predictions. If you are new to crypto UpDown options, then here is a step-by-step guide for you:

  • Visit the BC.Game website and sign up if you don’t have a gaming account yet. Alternatively, log in and go to the UpDown subsection under Crypto Trading.
  • Check your account balance as only real money bets are accepted. If necessary, fund it with a crypto wallet or using a traditional payment method (UPI, PayTM, PhonePE and AstroPay are supported).
  • Choose your bet. There are only two options available here: Down (red button with a down arrow) for betting on the price drop and Up (green button with an up arrow) for betting on the price rise respectively.
  • Specify a bet size from the range of $2 (INR 174) to $1,000 (INR 86,850) per game round.
  • You have 20 seconds to place your bet and participate in the next round. Above the price chart, you can see how the prize pools are split between those who bet on the upside and downside respectively. You can also see the size of your bet (investment) and your potential winnings (return).

If you managed to place a bet, wait to see how the price changed between the start and finish flags. If the start price is lower than the finish price – and you chose the Up bet – then you win. 

How Are UpDown Winnings Calculated?

UpDown crypto options at BC.Game uses an advanced settlement system that takes into account many factors including:

  • Total prize pool
  • Number of Up and Down bets
  • Bet sizes.

Before placing another bet, you need to pay attention to the potential return displayed as a percentage. This is calculated as follows: Payout Percentage = (Total Prize Pool / Amount of bets on a particular bet) *100%.

For example, if the majority of participants in crypto UpDown Options bet on the price going up, the payout on that bet will be lower. Essentially, the percentages indicate how much higher the prize for your bet is. Let’s say you placed a $10 bet on the price falling. If the Down Pool is 165%, your winnings could be $10*1.65=$16.50. The system does all the calculations automatically and awards you your winnings (or takes your bet away in case of a failed prediction) once the price passes the finish flag on the live chart.

Buy Up vs. Buy Down: What’s the Difference?

To be successful in UpDown Options, you must be able to make correct predictions of price movements over short periods. If you expect the price of Bitcoin to rise between the start and finish flags, you should make a BuyUp bet. For example, many punters choose this betting option under uptrend conditions or after a significant downward price correction. By carefully studying the chart on the BC.Game platform, you can make more accurate predictions.

If you believe that the price of Bitcoin will go down, then choose the Buy Down option. This is essentially a bet that the price of the asset at the starting flag will be higher than the one at the finishing flag. By tracking the news and spotting bearish trends, you will learn how to make a virtually win-win bet on the price going down.

Keep in mind that crypto UpDown options by BC.Game have almost nothing in common with classic cryptocurrency trading. So, instead of buying assets to sell at a higher price (long strategy) or lower price (short strategy), here you simply bet on how the price will change in a small time frame.

Pros and Cons of UpDown Options at BC.Game

Before diving into the UpDown crypto game, you need to weigh the pros and cons.

bc game casino crypto trading platform

PROS

  • Virtually instant results. You don’t have to wait hours or days (as with classic crypto trading) to see if your prediction was correct. Just wait for 20 seconds during which the bets are accepted and a few more seconds when the price moves between the flags on the chart to see if you are a winner.
  • Simple rules. Even if you don’t know how to use technical and fundamental analysis tools (necessary for classic trading of digital assets), you can still play crypto UpDown Options.
  • Fixed risks. This game is favored by many as it gives you a full idea of how much you can win or lose even before you place your bet.
  • Wide betting range. If you are a player with a low risk tolerance, you can start with a small bet of just INR 174. However, with a maximum bet of $1,000 (INR 86,850), UpDown Options is suitable for high rollers looking to win big.
  • Provably fair system. As with BC Originals, in this crypto game you can check the fairness and validity of your betting results. Moreover, you can visit a reputable resource like CoinMarketCap to check how the price of a digital asset has actually changed over a certain period of time to make sure everything is fair once again.

CONS

  • High market volatility. The price of an asset can change rapidly. Without understanding the things that affect the market, it can be very difficult to predict the right direction.
  • Emotional component. Seeing other players getting solid payouts, you may succumb to gambling behaviour, spending your bankroll recklessly.
  • The mechanics of the game exclude the possibility of partial withdrawal. That is, you cannot use a stop loss as in classic trading to minimise your losses. If your prediction is wrong, the bet goes to the house.

So, if you are ready to make decisions under uncertainty and aim for almost instant results, you should try your hand at crypto UpDown Options on the BC.Game platform.

Strategies for Playing UpDown at BC.Game

Given that you just have to guess the price direction in a short timeframe, UpDown Options is more similar to gambling than trading digital assets. While the results are largely down to luck, there are a few tips to help you manage your risk wisely:

  • Before placing a bet, analyse trends, paying attention to price movements over the last few minutes.
  • Do not use betting systems based on numerical sequences (such as Martingale) to cover losses.
  • If the payout percentage on one of the options is too low (the pool is full), then do not bet as the potential winnings do not justify the risk.
  • Monitor the news to be able to predict strong market movements. For example, the market reacts highly to news about the US Federal Reserve’s key rate.
  • If the price has been actively rising in the last few seconds, there is a chance of a downward correction. Therefore, in such cases, choose the Buy Down option.

If you decide to try your luck with UpDown Options, try to control your bankroll, do not chase a quick win and avoid impulsive decisions.

Keep in mind that this – as well as many other types of gambling entertainment on the site BC.Game – are intended for entertainment purposes in the first place. So, avoid unnecessary spending on bets. BC.Game promotes responsible gambling practices by providing links to useful resources such as GamCare and BeGambleAware. In addition, it offers a self-exclusion feature so you can disable access to your account if you feel you have a gambling problem. 

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