When considering binary options, the usual product revolves around
foreign exchange bets and, more recently, bets on economic data and the
aforementioned Fed Funds rate. Earlier in this introduction sports bets
were proffered as alternative forms of binary options, but the product set
need not end there. Bets on political events are prevalent particularly at
the time of elections. Furthermore, the media is increasingly becoming a
sector where wagers may be placed. Reality TV events are now widely
accepted as a betting medium, but there is no reason why this should not
be extended to, for instance, the film industry. Binary options on weekend
cinema box office takings would no doubt be a welcome hedge for film
producers and nervous actors.
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