Forbes article on binary options

Third, the house definitely has an edge. This particular Web site pays $71 for each successful $100 “trade.” If you lose, you get back $15. Let’s say you make 1,000 “trades” and win 545 of them. Your profit is $38,695. But your 455 losses will cost you $38,675. In other words, you must win 54.5% of the time just to break even.-link

Binary options are a new method of supposedly making money.  But it is considered by many to not be a real investment, and be basically a form of gambling.   This article talks about the case, and gives and example with some stats.