Spreadex is a sports and financial spread betting company based in the UK, and it is the only online bookmaker that allows users to partake in fixed odds betting and sports spread betting from one account. On the Spreadex site, you can bet on sports, buy and sell financial assets, and also play casino games.
- 'Best Spread Betting Provider' award winner
- Range of unique markets
- Bet Builder function
- Can be confusing for beginners
- No eWallet payments
|Game Types||Spread betting, Fixed odds betting, Casino|
|Deposit methods||Visa, MasterCard, Maestro, Bank Transfer, Cheque, Direct Debit|
|Withdrawal methods||Visa, MasterCard, Maestro, Bank Transfer, Cheque, Direct Debit|
|Betting functions||Live betting, live streaming, cash out, bet builder|
|Casino game types||Slots, table games|
|Casino provider||NetEnt, Microgaming, and more|
|Support||Live chat, telephone, email|
|Headquarter||St Albans, UK|
Spreadex is online betting site with a specific focus on spread betting, which is different from fixed odds in that you can win or lose more depending on the margin of victory, defeat, or the equivalent. You can also placed fixed odds wagers on Spreadex.
Choose Spreadex for their:
- Spread betting opportunities
- Range of live streaming events
- Excellent mobile product
Many new betting sites appear from time to time and claim to have unique selling points, but Spreadex is an established bookie that has one of the biggest USPs of all.
Spread betting is not something that is perhaps known by your average punter, but it is a fun and interesting way to wager on sports, especially if you have a strong opinion on a particular event.
How it works is Spreadex set their prediction for a market and this is known as the spread. You can buy if you think the outcome will be higher than the spread, or sell if you think it will be lower.
Each market is explained on the Spreadex site, which makes everything easy to understand.
For example, if you buy on a total goals market, the more goals that there are versus the spread set by Spreadex, the more you win. On the flipside, if you lose by multiple goals, you'll lose more.
There are various different types of spreads across the various sports on offer, and Spreadex provide spread betting on sports such as football, horse racing, golf, cricket, greyhounds, tennis, and many more.
You can also placed fixed odds bets on Spreadex, and these work just the same as any other wager you'd make on a standard online betting site. On the whole, the payout percentage is around the 94-95% mark, which is middle of the road compared with other UK bookies.
A casino is also on offer, and you can also buy and sell financial assets through the site.
Find another bookie if you don't like
- Card/bank payments
Payment methods on Spreadex are limited to debit card transactions or if you'd prefer, you can send a cheque, complete a Bank Transfer, or set up a Direct Debit.
Many punters prefer to use PayPal or other eWallets, but unfortunately this is not available on Spreadex.
Spreadex sign up offer
Qualifying fixed odds bet must be at odds of 1/2 or greater and cannot be placed in-play or cashed out early. First free bet will be credited upon settlement of the qualifying bet. Second free bet will be credited the next day. Offer must be claimed within 28 days of opening. Free bet stake not included in any winnings. See full ts&cs. 18+ begambleaware.org
Spreadex have launched a new sign up offer, and by claiming it, you can Bet £10 and get £20 in free bets.
How to claim the Spreadex sign up offer
- Click 'Claim' and register with Spreadex.
- Bet £10 at minimum odds of 1/2.
- Get 2 x £10 free bets, credited on consecutive days.
- Promotions available to 18+ aged individuals who are registered customers of Spreadex.
- Free bet stakes not included in any winnings.
- Spreadex Ltd reserves the right to exercise its sole discretion as to whether or not to open account facilities for any prospective client. Spreadex Ltd reserves the right to amend, withdraw or restrict this offer at any time without notice.
- Spreadex Ltd reserves the right to withhold this offer when it has reasonable belief there has been co-operation, collusion or organisation of bets from the same source, or if it has reasonable belief that the offer is being abused in any way. Spreadex Ltd is the sole arbiter of these rules and any other issue arising under the promotion.
- No staff member (or any relation or partner thereof) of any spread betting or fixed odds bookmaking firm is eligible to take advantage of these offers.
- Offer cannot be used in conjunction with any other Spreadex offer.
- Unless otherwise stated, clients reopening Spreadex accounts do not qualify for the offer.
- Customers who are ineligible for any promotional free bets will also be ineligible for these promotions.
For full Spreadex sign up offer T&Cs, visit Spreadex.
🤑 How do I claim the Spreadex welcome offer?
- Register with Spreadex.
- Bet £10 at odds of 1/2+.
- Get 2 x £10 free bets.
Valid only when applying through a link from one of our partner sites. Qualifying fixed odds bet must be at odds of 1/2 or greater and cannot be placed in-play or cashed out early. First free bet will be credited upon settlement of the qualifying bet. Second free bet will be credited the next day. Offer must be claimed within 28 days of opening. Free bet stake not included in any winnings. See full ts&cs. 18+ begambleaware.org
🤔 What is spread betting?
Spread betting sees the bookie set a prediction for what they think an outcome will be in an event, and you can buy if you think the result will be higher than their spread, or sell if you think it will be lower. The further the actual outcome is from the bookmaker's prediction, the more you can win or lose.
💰 Can I place normal bets on Spreadex?
Yes - there is fixed odds betting available on Spreadex. Just click on any event and you will see the options for both 'Spread betting' and 'Fixed odds'. Click the latter to see the odds, and you can change it from decimal to fractional depending on your preference.
🐎 Is racing spread betting on Spreadex?
Horse racing is one of the most popular sports on the Spreadex site, and there are various spread betting markets to choose from in each race. For example, in each race, points are awarded for first, second, and third, and you can buy or sell a horse's spread based on where you think they will come in relation to Spreadex's prediction.
💸 How do I deposit money into Spreadex?
The payment methods available on Spreadex are Visa, MasterCard, Maestro, Bank Transfer, Cheque, and Direct Debit.
Spreadex payment methods
The deposit and withdrawal methods on Spreadex are pretty old school. You'll need to use your debit card, or otherwise send a cheque, Bank Transfer, or Direct Debit.
While the range of banking options isn't massive, there is some flexibility with withdrawal amounts, as there is no minimum for this.
SPREADEX DEPOSITS (MAIN OPTIONS)
- Bank Transfer
- Direct Debit
SPREADEX WITHDRAWALS (MAIN OPTIONS)
- Bank Transfer
- Direct Debit
Visit Spreadex for full details on banking options.
Spreadex Limits on Payments and Withdrawals
You can deposit as little as you like into your Spreadex account, but they do reserve the right to charge £1 if you deposit less than £50 from a debit card.
Spreadex's details can be found on their site and you can use them to make payments. There is also the option to pay over the phone by calling the customer service team.
The maximum withdrawal onto a card is £25,000, with the exception of MasterCard which carries a £2,500 maximum.
Age verification checks are carried out on all Spreadex customers to ensure that you are 18 or older.
As is the case with all online betting sites in the UK, you may need to send in copies or scans of documents if your verification cannot be completed electronically upon sign-up.
You may need to send Spreadex:
- Photo ID
- Utility bill
- Bank statement
On top of the Spreadex welcome offer, there are a number of other promotions that existing customers can take advantage of throughout their time with Spreadex.
There is a 'Promotions' button in the Extras section in the sidebar, and here you will find information on the various ways you can get extra value out of the site through all of the deals they provide.
A Refer and Earn offer is available, and you can also qualify for spread-free sports bets.
You will also find other resources in the Promotions section, such as a weekly sports update and the top bets of the month.
Latest Spreadex promotions
Receive £20 in free bets by registering with Spreadex, and get first goalscorer insurance on every Euro 2021 game. Read more
Spreadex is based in St Albans, Hertfordshire, and is one of the most established companies within online betting - let alone spread betting.
On four occasions, Spreadex has been named Best Spread Betting Firm for Customer Service at the Investment Trends Spread Betting Awards, and it is also a three-time Spread Betting Firm of the Year winner at the City of London Wealth Management Awards.
According to the Spreadex site, the company has grown significantly since being formed in 1999, with yearly revenues up to more than £50m from 2010 to 2016.
Spreadex sports betting
Spreadex can be split into two different types of sports betting - spread betting and fixed odds - but it all is all found under one roof in the online sportsbook.
The homepage can appear quite confusing at first, especially if you're not familiar with spread betting, but you can familiarise yourself with the concept by visiting the 'Get Started' page.
At the top of the page, the events displayed first are usually the next horse races followed by in-play events. You can then click into any event and look through the spreads or the fixed odds.
Spreadex Football Betting
Each spread betting market has different formats and rules, and you can find out exactly what they mean by clicking the i button.
Within football, there are many markets to choose from not just for single fixtures, but also 'Group Specials' that apply to entire rounds of fixtures.
If you want an interest across all fixtures, Group Specials are a good option.
Group Specials options include Premier League Weekend Action, and for this, points are assigned to outcomes such as both teams to score in the first half and 5+ goals in a game, but points are taken away from the total if there is a 0-0 draw.
As far as fixed odds are concerned, all of the standard markets you would expect to see are on offer, including a bet builder, but there is no Asian handicap.
Spreadex Horse Racing Betting
Horse racing is another of the top sports on Spreadex, and just like with football matchdays, you can bet on spreads that span across an entire meeting or just wager on a single race.
If you sell on a horse, it is similar to laying it on an exchange. If you buy, the best possible outcome is if it wins but you can also profit if it places, depending on what the spread is. The higher the spread, the better the horse is expected to perform.
The fixed odds option allows you to just back a horse to place, or you can pick a horse to win without the favourite.
Spreadex bring not only spread betting to the table, but also all of the features that you would expect from any modern online betting site.
All of the tools are at a high standard, and this can definitely be a one-stop-shop for anybody who likes both fixed odds and spread betting across a wide range of sports.
Spreadex Live Betting
The in-play betting selection on Spreadex is excellent. Spreads are available on live events, such as in tennis, in which you can buy or sell on total sets, total games, or simply a player to win the match.
Golf is also one of the best sports for live spread betting on Spreadex as the tournaments play out over a longer period and there are opportunities to find value.
There is no shortage of live fixed odds, and even the football bet builder is available in-play.
Lots of events are available for live betting and streaming.
Spreadex Live Streaming
Of all of the UK betting sites, Spreadex has one of the very best live streaming catalogues. There is cricket, tennis, snooker, football, and much more on offer.
You can also watch lots of horse races, through you need to place a bet in order to watch a race.
Look out for the TV icon logo next to an event that indicates live streaming availability. If the event is being shown on TV in the UK, Spreadex will display the logo of the channel, which is a nice touch.
Spreadex Cash Out
There is the option to cash out some of your wagers on Spreadex, and by doing this you can secure a profit or cut your losses.
You can even set an auto-cash out on your spread bets, and that way you can get out for a certain figure if it reaches a certain point.
Spreadex's site is optimised for mobile so you can bet and trade while on the move. It is presented really nicely on the smartphone, and whether you use the mobile site or download the app, it is very easy to use.
Spreadex iPhone App
The Spreadex app for the iPhone can be found in the App Store, and it deservedly has a very high rating.
You can use Face ID to log in quickly and the bet builder and live streaming features are perfect for the app.
Regular updates are made to the app to ensure that functionality is as good as it can be and any bugs are promptly fixed.
A superb range of features are available on the Spreadex iPhone app.
Spreadex Android App
In the Play Store, search for Spreadex and you will see the range of apps they have available, including the sports betting app.
It has had 10,000+ installs in the UK and at the time of writing, the last update was made just a few weeks ago.
There is also an app for the Spreadex Casino and Spreadex Financial Trading.
With all of the sports betting options and financial trading elements of Spreadex, the casino can go under the radar, but there is a large selection of games to choose from.
Many familiar titles are on tap in the slots section, with most of the big providers being prominent.
You can play table games as well, and there is the option to do so with real-life dealers. There are a number of different variations of roulette and blackjack to pick between.
There are better casinos out there for sure, but as an added extra to your sports betting activity, playing in this online casino can be fun.