Youd need the values/range for x such that all the (infinte) series converge. A simple interpretation is that you cant divide by zero in the original expression so ....
Yes so can't x be any real number except -0.5 and 1
Not quite. For the simple function 1/(1+x) and its binomial series (up to x^7) are https://www.desmos.com/calculator/jbga6wwiop The series doesnt have a hope in hell of converging to the original fucntion for x<-1 as the series is heading off to +inf which is what the function does as it approaches x=-1 from the right (so it converges when x>-1). However the function for x<-1 is negative. A series will not approximate across a vertical asymptote.
Also, if x>1, the series will not converge as terms like +/-x^100 ... etc will head off to infinity. So it converges for |x|<1 or -1<x<1.