What is the difference between the Daily Rolling Cash and Rolling Futures bet types? When placing a new bet, you need to consider which type of spreadbet that you wish to place on that market. Spread betting providers typically offer a range of bet options that are available to suit the desired duration of your trade. These range from only a few minutes, to a single day, to 3 months in length, and even one where there is no defined end date.
- Daily Cash Bets – designed for the fixed-term trader and are settled at the end of the day.
- Daily Rolling Cash Bets – these bets do not expire at the end of the day and are automatically ‘rolled over’ to the next trading day (subject to overnight financing charges). Prices of these will generally reflect the ‘spot’ price, that is commonly quoted in newspapers, on television etc.
- Daily Rolling Future Bets – these bets do not expire at the end of the day and are automatically ‘rolled over’ to the next trading day (subject to overnight rolling charges). Prices of these will generally reflect the quote of the underlying futures market, with the cost-of-carry built in.
- Quarterly Bets – these bets do expire on a set date up to three months in the future and do not incur financing (or rolling) costs – it is all built into the price, up front.