Bet Types

The Bet Types below refer to when the bet will expire. When you place a bet, an expiry date will automatically be set. At Twowayspreads, we give a comprehensive range of expiries to suit the varied needs of our clients.

Some markets are open ended (Rolling Bets), some will expire at the end of the day (Daily Bets) and others will have defined Quarter or Month end expiries, usually in keeping with Futures markets traded on the regulated exchanges.

Rolling Bets

Rolling Bets are probably the most popular bet type we offer. A Rolling Bet is open ended, with no set expiry date. In essence, your bet is closed and re-opened at the mid price each day. This means you can continue to hold the bet as long as you wish until closed.

Bets can be opened and closed “intraday” or more longer term. It is the most flexible bet type we offer. The Rolling Bets will have the tightest spreads available. This is because we do not have to build in any “cost of carry”. In fact, the spreads on many of our markets are the tightest in the industry.

For rolling bets, funding adjustments are made as part of the rollover. This is seen as a credit or debit to your account, calculated for each day you rollover your position.

For spot currency bets, an overnight funding adjustment (where rolled) is made to reflect the interest differential between the two currencies.

Please view our market information sheet for full details.

Daily Bets

If you are looking to bet on the direction of a market for a period of just one day, the Daily bet is the one for you. The Daily Bet will expire at the end of the day, allowing you to place your bet under the knowledge that it will be automatically closed when the trading session ends. Please note, you do not have to keep the bet open until it expires. You can still close your bet at any time up to the end of the day.

We offer daily expiries on our major index markets including:

DAX Daily Cash

NASDAQ Daily Future

S&P Daily Future

UK 100 Daily Cash

UK 100 Daily Future

Wall Street Daily Cash

Wall Street Daily Future

This list is subject to change. Please view our market information sheet for full details of the spread betting markets we offer.

Quarterly Bets (Futures)

If you are looking to bet on the direction of a market for a defined period or for a long period of time, use our Quarterly or Monthly bets. These bets will have a pre-determined date at which open bets will expire. Like Daily Bets, you can still close your bet at any stage up to expiry.

These Future bets will already have planned dividends and financing charges built into the price. Therefore you can place bets under the knowledge that there will be no further financing charges or adjustments on your open bet.

We offer future expiries on most markets. Often quoting the end of this and next quarter.

The expiry is usually determined by similar markets on the underlying exchanges. The contract expiry specifics are noted for each market within the dealing platform ( ) and our market information sheet.

Please view our market information sheet for full details of the spread betting markets we offer. You can also open a free, online spread betting practice account, giving you full access to our trading platform and market information in a risk-free environment.