Spreadex

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Spreadex is a British-based financial trading and sports betting company that first came into being back in 1999. They have gone on to have plenty of success in both sectors, but in this review we are going to concentrate on their sportsbook and provide you with all the information that you need. Terms apply. 18+, begambleaware.org.
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Bet £10 Get a £10 Free Bet

New players only. One player per household. £10 qualifying bet. Minimum odds of 1.50. 28 days to claim. Terms apply. 18+, begambleaware.org, bettheresponsibleway.
9Expert Score
What Our Team of Experts Think About Spreadex Sports

Our expert team have taken a good look at Spreadex Sports and when we looked at the bonus on offer as well as the other aspects of this sportsbook, it was clear for us to see why they have been around for such a long time. They are one of the only bookmakers to offer sports fixed odds betting and sports spread betting from the same account. Spreadex really is a very good choice for sports betting fans in Britain.

Start now with a £10 Free Bet

18+. UK only. Qualifying £25 fixed odds bet must be at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. First free bet will be credited upon settlement of the qualifying bet. Following free bets will be added to your account on consecutive days. Free bets must be claimed within 28 days of opening. Free bet stake not included in any winnings. www.begambleaware.org. T&Cs apply

This Guide Will Tell You All about the Spreadex Sports Sign Up Offer and More

If you were to go and knock on every house in your street and ask your neighbours to tell you how many bookies there are that British sports betting fans can open an account with, and we are pretty certain that not one of them will tell you that there are over 500. Yes, you read that right, us Brits have more than 500 bookmakers available to us. Having variety in live is awesome, but it can sometimes be a disadvantage to have too much variety as it can make it difficult to decide what to choose. Thankfully, you will not have to make your sportsbook decision alone as the following review will reveal all you should know about Spreadex.

What Our Expert Team Thinks about Spreadex Sports

Do we honestly feel that Spreadex is a sportsbook that UK sports bettors should think about opening an account with? Would we recommend this bookmaker to our closest friends and family members? Well, we think the fact that it has been around for more than two decades is a clear indication as to how good they are and that they are worth considering signing up with.

The sports gambling industry is one of the world’s toughest, and a bookie that has managed to last more than two decades is one that is definitely doing something right. In such a competitive industry, and bookie that is not up to scratch will be quickly found out and discarded.

If you believe that Spreadex is the bookmaker that you have been looking for, then you will be able to make use of plenty of markets for the different sports that you like to bet on. Additionally, we do not feel that you will have any complaints about the odds that they offer. Also, the fact that they offer spread betting is something that helps them to stand out from their rivals. If you like to gamble on your mobile, then you will be glad to find out that they have developed their own mobile app for their customers to download. There is one area that we feel lets them down a bit though, and that is their limited payment options.

Spreadex Bonus – A Review of the New Customer Offer

A sports betting site, whether it has been in business for over 20 years or just 20 months, has to provide an attractive Welcome Bonus if they want a steady flow of players walking through their virtual doors. If the Welcome Bonus that is being offered does not get your attention, then it is clearly not doing the job that it is supposed to. Keep in mind that British punters have more than 500 sportsbooks to register with, so bookmakers need to provide a bonus that gets whoever sees it signing up straight away.

So, if you decide to open an account with Spreadex, what type of Welcome Bonus can you claim? Well, you will be able to claim up to £25 in free bets.

How to Claim the Welcome Offer at Spreadex

If you think that Spreadex is the sportsbook for you and you like the look of the Welcome Bonus, then you will have to follow some specific steps to claim it. You do not have to search for these steps yourself as we have done that tedious work for you and have outlined them below for you:

  1. Go to their website and click the red “Join” button that you will find in the top right.
  2. You will be taken to a new page, where you will have to fill in a short form.
  3. Deposit at least £5 into your new account using one of the available payment options.
  4. Place a qualifying bet of £10 and you will receive your £10 free bet.

The number of free bets that you will get will depend on how much your qualifying bet is. We have provided you with all the necessary information below:

  • £5-9 – one free bet worth £5
  • £10-14 – two free bets worth £5
  • £15-19 – three free bets worth £5
  • £20-24 – four free bets worth £5
  • £25 – five free bets worth £5

You will also not be given all of your free bets at once. You will get them on consecutive days, as we have shown below. In this example, we are going to pretend that we placed our qualifying bet on a Monday.

  • First £5 free bet available on day of qualifying bet
  • Second £5 free bet available on Tuesday
  • Third £5 free bet available on Wednesday
  • Fourth £5 free bet available on Thursday
  • Fifth £5 free bet available on Friday

The Terms and Conditions Attached to the Bonus

Every single bonus that you come across while in the gambling world, no matter which bookmaker you have found it at, will come with a series of terms and conditions attached to it. You have to stick to every T&C that does apply or there is a chance that your bonus will be forfeited, which is something you obviously do not want to happen. You probably groan every time you see a long list of T&Cs, but the bookies really have no choice but to apply a number of them to their bonuses. If they just handed everybody free money that they could withdraw right away, they would just end up going out of business.

A wagering requirement is one of the most common terms and conditions that you will find. If you happen to be new to the sports betting world, then you probably do not know what wagering requirements are. Therefore, we will quickly explain for you. A wagering requirement is simply the number of times you need to turn over your bonus money before it is eligible for withdrawal alongside any winnings that you have made.

So, what are the wagering requirements that you will find attached to the Welcome Bonus that is being offered by Spreadex? Well, you will not find any wagering requirements as it is a free bet, but you need to remember that your stake will not be returned to you if you make a free bet, and it goes on to win. So, in this case, if one of your free bets goes on to win, you will not get the £5 stake back.

Alongside wagering requirements, there are many bookies that require their new customers to input a promotions code if they want to claim the bonus when they are opening an account. However, when you sign up with Spreadex, you will not be required to add any promotion code.
There are other T&Cs that apply to the Spreadex bonus, and below we have given you a list of some of the important ones. We recommend that you take a bit of time to read these carefully, so that you can get a good understanding as to what Spreadex will be expecting from you:

  • Offer is for new members only
  • Minimum odds of 1.50
  • Qualifying bet must be placed with 28 days of opening an account
  • Free bet not included in winnings

There are other less major T&Cs, and we recommend you also read these before you go ahead and register with Spreadex.

N.B. Before we crack on with this review of ours, we would just like to take the time to point out that we are affiliates of Spreadex Sports, which means that we do not accept any responsibility for mistakes that might crop up between the bonus that we talk about and the bonus that you will come across on their website. Sportsbooks have to change and update their bonuses all of the time to stay ahead of their main rivals, and we do not have the time to check every single day. We will check occasionally, and if we notice a discrepancy, we will update our review.

1 Spreadex
Spreadex is a British-based financial trading and sports betting company that first came into being back in 1999. They have gone on to have plenty of success in both sectors, but in this review we are going to concentrate on their sportsbook and provide you with all the information that you need. Terms apply. 18+, begambleaware.org.

Can I Trust Spreadex? Are They Legal in the UK?

When you encounter a bookie that is completely new to you, but you have a good first impression of it, we understand that you will have the urge to open an account with them as quickly as you can so that you will be able to start placing bets on all your favourite sports. However, we urge you to put all your eagerness to one side for a minute and make sure that the betting site in question is legal where you are living. When it comes to Spreadex, you do not have to worry about breaking any laws as they are completely legitimate in the United Kingdom.

They have been licensed by the UK Gambling Commission, who are known for being strict when it comes to who they have their license out to. They have developed a reputation as one of the finest gambling regulators in the business, so they are definitely not going to risk throwing all this away by giving out a license to a bookmaker that really does not deserve it. Thus, if you encounter a bookmaker that has a license from this governing body, you can be certain that the bookie in question is a fair and safe one.

What Responsible Gambling Measures Are in Place at Spreadex?

You register with a bookie so that you can have a bit of fun, but Spreadex know that someone’s financial situation can change drastically. They know that it is their duty to care for their players, which is the reason why they have a number of responsible gambling services that you can make use of if you think that you are becoming addicted. Below we are going to take a detailed look at two responsible gambling features that you will be able to make use of at Spreadex.

Deposit Limits

If you decide to sign up with Spreadex and want to make sure that you do not spend more money than you can afford, then we really suggest that you make use of the deposit limit service that is available. You will have the option of setting up a deposit limit for a day, 7 days, or 30 days, and during this time period you cannot exceed the deposit value that you set. In other words, if you set the deposit limit at £50 in 7 days, if you have deposited £50 by day 5, you will not be allowed to deposit any more money until the 7 days have passed.

If you have a deposit limit and you want to decrease it, you can do so by heading to your account settings or by speaking to a customer support agent. When you are decreasing your limit, the changes will come into play right away. However, if you decide that you want to increase your deposit limit, you will need to wait 24 hours before the changes come into play. This day is given to you so that you have a chance to change your mind.

Self-Exclusion

If you have an addiction issue that is completely out of control and you are losing a lot of money and getting yourself into all types of debt, you need a quick fix to the problem. One thing that you will be able to do to try and help yourself out is to set up a self-exclusion period.

At Spreadex, you have the option of setting up a self-exclusion period for a minimum period of six months up to a maximum period of five years. During this time, you will not be allowed access to your sportsbook account. If you believe that a self-exclusion period is what you need, then you can set one up quite easily by going to your account settings or by getting in touch with a customer care member.

Once the time frame for your self-exclusion period has passed, you will need to speak to a customer support agent in order to get access to your account once again. You will be given 24 hours to think about your decision, and then you will just need to confirm your decision with the customer service team.

Spreadex Account Closure

If you believe that the aforementioned responsible gambling features will not be able to help you out that much, then you have one other option and that is to shut down your account. You can get this done by speaking to a customer support agent. They will shut down your Spreadex account straight away and give you any money back that is yours. Before they end the chat, there is a good chance that the person you are speaking to will ask a few questions regarding your decision to leave.

Now, we know that you might think that this is rather nosy of them, but you need to remember that they are not asking because they want to find out about your personal life, but because they want to be 100% sure that you are not leaving them because of a problem that could be affecting their players. Sportsbooks have to work very hard to build a solid customer number, so they obviously do not want a stream of customers leaving at the same time.

Sports Betting Catalogue – What Sports Can You Bet On?

We open an account with a sportsbook because we want to start a sports betting experience. Therefore, before you go ahead and complete a registration process with the bookmaker that you like the look of, you need to ensure that they offer plenty of markets to keep you entertained. You do not want the hassle of signing up with a sportsbook only to then realise that they are sub-standard in the market department.

So, what type of sports can you bet on at Spreadex? Well, they have markets for about 25 different sports, and we have listed some of them below for you so you can get a good idea as to what you can find here:

  • Football
  • Cricket
  • Tennis
  • Golf
  • Boxing
  • Rugby Union
  • Rugby League
  • Ice hockey
  • Horse racing
  • Greyhound racing
  • Darts
  • Baseball
  • American Football
  • Formula 1
  • Handball
discover sports

Discover a plethora of sports at Spreadex

Can You Place Bets on eSports?

Everyone knows just how popular eSports are now, and their popularity will continue to grow, there can be no doubt about that. This is something that any bookmaker worth their salt will be aware of, and is the reason why there are now so many bookies who have an eSports section for their customers. Spreadex is a sports betting site that offers some eSports betting to their customers.

So, what eSports will you be able to bet on if you sign up with Spreadex? Well, you will find markets for CS:GO, FIFA Liga Pro, and ESL Pro League. When you are betting on a football eSport, you will be able to bet on the team that you think will win the match, the total number of goals that will be scored in the match, or the total number of goals. When it comes to shooting eSports, you will find markets such as the team to win, the team to win a certain map, and the number of maps there will be.

Do They Offer Good Odds?

When you make a bet on a sporting event, no matter what sporting event it is, it is vital that you do so using competitive odds as this means that you will be getting the value that you deserve for your hard-earned money. When you have over 500 bookies that you can open an account with, you certainly do not have to put up with a bookmaker that offers poor odds.

So, is Spreadex a bookie that offers competitive odds? Well, let us just say that they have learnt a lot over the last two decades and know the importance of offering good odds to their customers. Therefore, when you are gambling at Spreadex, whether you are doing fixed betting or spread betting, you will be treated very fairly.

Spreadex Payment Options

When we fully commit to a bookie by signing up with them, no matter the one we opt for in the end, there is one thing that we will always be required to do and that is add money to the account. If you have no money in the account, then you will obviously not be able to place any bets. Therefore, before you sign up with someone, you should do a bit of research to see what payment options they have available. By doing this, you are able to make sure that you register with a bookie that has some payment options you are familiar with and know how to use. You should always use a familiar banking method as it ensures that you do not have to waste time trying to figure out the ins and outs of it.

In the following table, we have given you the different deposit and withdrawal methods that you can find at Spreadex:

Deposit MethodsWithdrawal Methods

VISA

MasterCard

Maestro

Bank Wire

Cheque

Direct Debit

VISA

MasterCard

Maestro

Bank Wire

Cheque

Direct Debit

As can be seen from the above table, Spreadex slack a bit when it comes to the payment options that they use. The minimum deposit, no matter what banking method you choose, stands at £1, and the deposited money will appear in your Spreadex account straight away. There do not seem to be any additional fees in place, which is great to see.

When it comes down to withdrawals, the minimum withdrawal is £50, no matter what method you make use of. The maximum withdrawal will vary depending on the banking method you choose. For example, the maximum withdrawal limit for MasterCard is £2500, while the maximum withdrawal limit for a cheque stands at £50,000. The fastest way to get your money is to use a bank wire transfer as you should get your cash within 2 days. With all the other methods, there is a chance that you could be waiting as long as five days before your winnings arrive.

Spreadex Mobile: Is There an App You Can Download?

We are definitely not exaggerating when we say that more gamblers nowadays bet on mobile devices than they do on their desktop devices. Mobile gambling is increasing in popularity all of the time and this is because it provides a lot more freedom since sports bettors can make their bets regardless of where they are. Bookmakers know just how popular mobile gambling is and that if they fail to offer some type of mobile gambling, they run the risk of losing customers. Therefore, more and more bookies are creating their own mobile app, and Spreadex is one such bookie.

They have put in a lot of money and time to creating this app, and this is why they now have an app that they can be proud of. Not only is pleasing on the eye, but navigating around the app should not be a problem at all. Whenever we are betting using mobile devices, we do not want to have to sit there and look at an ugly app, and it is even worse if it is ugly and difficult to navigate. The Spreadex mobile app is available to those who have an iOS and Android device.

We recommend you download the app, but if you are lacking space on your mobile device, then you will still be able to gamble on your mobile device since Spreadex has made sure that their desktop is completely mobile compatible.

Discover Spreadex on mobile:

Other Services Offered at Spreadex

The ability to cash out and watch live streams are some important aspects of a sportsbook that should not be ignored. Thus, we are going to now have a look at such services in relation to Spreadex Sports.

Live Streaming

Live streaming is a great feature as it allows bookmakers to provide their players with the chance to make a bet on a live event and then watch the action unfold. Furthermore, if you are not too certain about the type of bet you want to place, then you can take a bit of time to watch some of the live stream and it will help you to get a clearer picture as to what might unfold as the event goes on.

So, is Spreadex a sportsbook that offers live streaming to their customers? We know that the answer you are hoping for is a yes, and we are happy to able to inform you that they do indeed have their own streaming service. You will be able to find live streams for a variety of sports, with horse racing and greyhound racing being some of the most popular.

Cash Out

Anyone who watches plenty of sporting events will know how quickly things can go from very good to very bad for a team or individual that you support. One minute your team might be winning their match without much hassle, then a handful of minutes later they have somehow managed to throw away their lead.

Ask any football fan whether the team that they support has thrown away a win with just minutes of the game remaining, and we are certain that more than 90% of them will tell you yes. Any bookmaker worth its salt knows the volatile nature of sports, which is why many now have a cash out feature.

This cash out service gives you the chance to accept a percentage of your live bet’s potential winnings and to finish the bet early, before it has a chance to lose. So, when should you think about taking that cash out on offer? Well, if you have placed a wager and it is doing good, but you still think that one of your choices is going to let your bet down, you should consider taking the cash out offered so that you at least walk away with some kind of profit.

Spreadex, like most reputable bookmakers nowadays, will provide regular cash out features to their customers. However, we need to stress here that you will not get a cash out value given to you for every wager you make.

1 Spreadex
Spreadex is a British-based financial trading and sports betting company that first came into being back in 1999. They have gone on to have plenty of success in both sectors, but in this review we are going to concentrate on their sportsbook and provide you with all the information that you need. Terms apply. 18+, begambleaware.org.

Does Spreadex Have Good Customer Care?

Another thing that it is important to look at before you go ahead and commit to a sportsbook is the quality of the customer service that is on offer. In our opinion, it is really annoying to register with a bookmaker and then come to realise that their customer service is poor when you encounter your first problem. If you have to wait ages for your problem to be resolved, then your whole sports betting experience will be a negative one.

Thankfully, if you decide to sign up with Spreadex, you will not have these issues as they have a customer support team that cares. You can get in touch with an agent via email, live chat, or phone. However, they are not available 24/7, which can be a bit of an issue if you encounter a problem outside their working hours, which is 08.00 until 17.30 GMT.

Spreadex Online Casino/Poker

Nowadays, the majority of bookmakers that you encounter will have their own online casino as well, and Spreadex is a betting site that fits into this category. It is wise to consider signing up with a gambling company that has both a bookmaker and a casino as this leads to plenty of variety whenever you want to gamble.

So, what casino games will you find at Spreadex Casino? Well, you will be able to play a wide variety of slot games that have been developed by some of the best software creators out there at the moment. If you are not much of a slot fan, then you will be able to play roulette and blackjack. When compared to other sportsbooks with online casinos, it is quite safe to say they are a bit limited when it comes to traditional table games. If you enjoy your live casino games, then we are sorry to have to inform you that they do not have their own live casino.  

If you decide to play at Spreadex Casino, is there a Welcome Bonus that you can claim? Most gambling sites that have a bookie and casino will offer a Welcome Bonus for both sports and casino, but it seems that Spreadex does not fit into this category. They only have a bonus offer available to those who sign up with their sportsbook.

FAQ

We truly believe that a sportsbook review is not 100% complete if there is no section with FAQs. As a result, below you can find five questions that sports bettors like to ask about Spreadex.

Is It Safe to Gamble at Spreadex Sports?

Spreadex have been licensed from the UK Gambling Commission, who just so happen to be one of the most respected regulators out there at present. Therefore, Spreadex is certainly a safe place to play at.

What Banking Options Can You Find at Spreadex?

If you opt to join Spreadex, then the payment options that you will find are VISA, MasterCard, Maestro, Bank Transfer, Cheque, Bank Wire, and Direct Debit.

Is There a Promotion Code for Spreadex?

Sometimes you will be required to add a promo code when signing up if you want to claim the bonus that is on offer, but there is no need to add any code when completing the registration process with Spreadex.

What is the Minimum Deposit Limit At Spreadex?

The min deposit, no matter what banking option you choose, will be £1. There are no additional fees that you have to pay when making a deposit, which is always great news.

Can I Place Bets Using My Mobile Device?

If you like to place bets using a mobile device, then you will be happy to find out that Spreadex have a great mobile app that you can download on an iOS or Android device. If you have little memory left on your mobile phone or tablet, then you can still make use of their website as it is mobile compatible.

What I Think about Spreadex Sports

Like always, I took some time out of my busy schedule to have a look at Spreadex myself, so that I could form my own view on it. Overall, it is plain for me to see what it is that has enabled it to be around for more than two decades. Not only do they offer a pretty good Welcome Bonus, but they also offer competitive odds, have a great mobile app, and good customer support. To top it off, they also offer spread betting. However, I feel that they do let themselves down a bit when it comes to the payment methods available - although I do not see it as a huge dealbreaker.
Sheldon
Content Writter
Sheldon

Specification: Spreadex

Bonus
Bonus

Up to £25 in free bets

Minimal odds

1.50

Minimum Deposit

£5

Wagering Requirements

0X

Specification
Services

App, Bonus, Cash out, Live Streaming, Odds

Popular Payments

Debit cards, Skrill

Sports

American football, Boxing, Champions league, Cricket, CSGO, Darts, Esports, FIFA World Cup, Football, Formula 1, Golf, Grand National, Greyhound, Handball, Horse racing, MMA, NBA, NFL, Premier league, Rugby, UEFA Euro, UFC, Virtual sports

Special bets

Election, Eurovision, Political

Founded

1999

Expert Score 9
Experience
9
Payment
9
Odds
9.1
Offer
8.6
Sports
9
Mobile
9
PROS:
  • Great Welcome Bonus
  • Very competitive odds
  • Live streaming
CONS:
  • Limited payment options
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