#binance options

Futures 100lvl or totalizator?

Here short is put and long is call, only also for time. In fact, we also buy a contract, let's say for $BTC . "I think that bitcoin will be more expensive than 60k during the day", then this will be a call option, and if bitcoin is more expensive than 60k by the expiration of the option, then I will receive a profit, if less than 60k, then the amount for which I bought the option is liquidated. Very similar to bi-currency investments only with liquidation.

My opinion is that this is pure "sports betting", since the probability coefficient works here. The higher the probability of the option being executed, the more expensive its cost, and accordingly, the less profit. Everything is like in bets 7:1 5:2, etc. Unlike futures, where with opposite positions - the conditions are the same. I studied this topic myself, if I'm wrong, correct me in the comments.