Spread Betting Tips

By Author: Dennis
Total Articles: 4
Comment this article

Amazooz.com is an options trading game based on a sales success of products sold on Amazon.com. It is a RIA (rich internet application) built entirely with Microsoft SilverLightâ„¢ technology. Amazooz.com functions as a platform for buying digital options with Amazon.com sales rank as an underlying asset. In essence, this revolutionary platform serves as a prediction market to Amazon.com products sales rank.

The sales success of products sold on Amazon.com is measured by their sales rank provided by Amazon.com.

The exact formula Amazon.com uses to calculate the sales rank of a certain product is undisclosed. We can be certain, however, that the lower the number that represents the sales rank of a certain product, the better its sales.

For instance, a product that sells approximately 270 units per week will have a sales rank of 75-100. A product with sales rank of 10,000+ on the other hand, sells approximately 1-5 units of this product per week.

If we record changes that occur in sales rank of a product over a period of one week and represent them in a chart, we will see that the sales ...
... rank of a certain product has a similar behavior of that of a stock and it reflects a change in demand for this product over a period of one week.

Amazooz.com users can closely follow these changes in demand for a certain product by checking a weekly chart located on the website that represents these changes for each and every product.

The prediction of the changes in demand for a certain product can be based on the analysis of historical data represented on different charts on our website. A customer of Amazooz.com can use the charts offered on the website in order to have an additional and valuable insight into the behavior of a sales rank of different products.

Amazon.com sellers and publishers can use the data accumulated in Amazooz.com database in order to get an insight about a future sales of their product.

Amazooz.com has 2 modes:

1. Free. This is the default mode for all registered customers.

In this mode customers can buy options with virtual credits that are given to them after the registration. Every customer receives 10,000 of virtual credits to play with.

2. Real money. This mode is intended for customers who wish to invest real money in buying options on the sales rank of products sold on Amazon.com.

In order to make the trading easy and fun, Amazooz.com provides the following tools for its customers:

Historical charts showing changes in sales rank of different products.
These charts are updated every 8 hours. Historical data for a specific product starts to accumulate in our database once a visitor entered keywords related to this product in Amazooz.com search engine. Customers, who are interested in viewing historical data for a certain product that is older than 7 days, can contact Amazooz.com and receive a price offer for this information.

A chart showing already existing predictions for every product.
Personalized Options Portfolio that allows viewing information about the customers' currently running trades as well as the expired ones.

Watch list. Amazooz.com customers can closely follow the changes in sales rank of different products prior to making their prediction, by adding them to their watch list.