Spreadex Bonus - Sports and Financial Betting Review

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 as compared to standards for new Uk betting sites and provide you with all the information that you need. Terms apply. 18+, begambleaware.org.

Author: Daniel Chapman, Last Updated on 04.12.2024

What Our Team of Experts Think About Spreadex Sports?

Our expert team has 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.

It is a wholly unique concept that offers trade betting. You can Sell or Buy, something not commonly found on a betting platform.

🎁 Spreadex Bonus

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, we are pretty certain that not one of them will tell you that there are over 500. Yes, you read that right, we Brits have more than 500 bookmakers available to us. Having variety in life 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 and the range of services and bets it offers.

🔥 Spreadex Welcome Offer

A sports betting site, whether it has been in business for over 20 years or just 20 months, has to provide an attractive betting offer 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.

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 £50 in bonuses:

Here's how to claim the bonuses:

• Create an account.
• Make a qualifying fixed odds bet of at least 1.5 odds.
• Receive your welcome bonus worth up to £50.

🚦Bonus Terms and Conditions

• Open to new players only.
• Qualifying bet must be a fixed odds bet of £25 at 1.50 odds or greater.
• Your first fixed odds free bet of £5 will be rewarded upon settlement of the aforementioned qualifying bet. The following four free bets will be credited each consecutive day after the initial free bet.
• A free £5 total goals spread bet and a free £5 winning favourites spread bet will be credited along with your first £5 fixed odds free bet.
• Your second total goal and winning favourites free spread bets will be credited along with your second £5 fixed odds free bet.
• You will receive half (25) of the free spins along with your first £5 fixed odds free bet.
• You will receive the other half (25) of the free spins along with your second £5 fixed odds free bet.
• Free spins are worth 10p per spin and may only be used on Starburst.
• There are no wagering requirements for the free spins.
• All bonuses must be claimed within 28 days of a new account being created.

Full terms and conditions apply. Please read all applicable terms before accepting any promotional offers.

🥂 Alternative bonuses and Promotion Offers

The welcome bonus is entirely optional. If you wish to bypass this, there are plenty of other promotional offers given out by the bookie.

Take note, that like the welcome bonus, all other promo offers are subject to change, as seasons end and events come to a close, bonuses for them will expire and be replaced with something new for an alternative opportunity.

These are some of the other promotional bonuses currently awaiting you when you sign up to Spreadex:

• 💫 1st Scorer Insurance: If your scorer doesn’t score first but instead last, you will win your stake as a money back free bet.
• 🧙‍♂️ Spread Free Bets: Reusable free bets bonus.
• 🥳 2nd to a Rag: If your horse comes 2nd to an outsider of 33/1 or higher, you win your stake as a free bet.
• 💪 First Past the Post: if your horse wins but is then demoted of interference, you will still win and get payout on the promoted winner.

T&Cs apply to all these promotions and all the others not mentioned. Head to the website to read full T&Cs and to discover the other bonuses we’ve kept a secret.

🥇 Spreadex Sports Betting

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 of what you can find here:

• Football Betting
• Rugby Union Betting
• Cricket Betting
• Horse racing Betting
• Greyhound racing Betting
• Tennis Betting
• Boxing Betting
• MMA Betting
• American football Betting
• Golf betting Betting
• Snooker Betting
• Darts Betting
• Volleyball Betting

⚽ Most Popular Sports Market at Spreadex

At Spreadex, there are 22 different sporting categories to choose from, so where are you going to begin? When it comes to sports betting, it is very easy to be swayed by the odds that appear across the sports shown. However, we strongly recommend that you only bet on the sports you have knowledge about. If you don’t know anything about table tennis, then it is best avoided. Calculated risks are the best, so stick to what you know.

The sporting options focus on all major games that take place from around the world like world cup betting and are one of the UK's best at this service. Given that you can also live stream some of the games, makes this a very competitive platform and a strong contender for the top 10.

So, what are the popular sporting options that Spreadex members go for? Here are the top sports and their events to bet on.

🔢 Different Types of Bets

One of the big appeals of sports betting is that you are given a wide range of options on how to cover a game and the events that take place. The most simple of bets is to select the outcome of a fixture or race and place a single stake on who you think will win, or if there will be a draw or tie. That the other end of the scale, you have multiple betting options. You can generate an accumulator (Acca), which is formed of many different betting markets and odds that can be 4 or more in number.

These are some examples of the types of bets made available:

1. Win Bets: A simple single bet that looks to predict the winning outcome of a game or race.
2. Totals Over/Under: An example of this in football betting will have optional scores for a game, you will bet betting on whether the outcome will be less or more than listed.
3. Accumulator Bets: The most popular bet options because the more markets you add to your slip, the greater the return becomes. Accas can comprise of 4 or more bets on one betslip, and they can be of any sport and of any betting market odds.
4. Outright Bets: Typically before a main event or seasons begins, you can bet on who the outright winner will be. If it’s a sport with leagues, you can also bet on relegation.
5. Specials: Referred to by some as requested bets. These specials are not covered by the bookie, so you have to ask them if they will be willing to make a bet for you on a market that they don’t have listed.

🧮 Spreadex Betting 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.

❇️ In-Play Betting

In-Play betting is your access point to live gameplay. This is where you have direct contact with all the sports being played at that moment. You can access new betting markets, new odds, and you can watch events live if scheduled. If there is no live streaming, you can follow the action play out on a virtual tracking system. During play, you can access spread betting or fixed odds betting. You can also look at the stats centre to help you pick up background team information. This is the immersive area of sports betting, where you can dive right into the middle of the action and see it all play out.

💸 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 The cash out betting 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.

🪙 Spreadex Spread Betting

The spread betting approach brings in a kind of stock market approach to it. The way to best explain this is that you have two betting options, Buy and Sell. If the bookmaker is offering you a goals total market and the total offer is 2.8 to 3.0 goals, if you think that there will be more, you Buy the spread. If you think it will be less, then you Sell the spread. Now, you have to make multiple spread bets, so the more you get right the higher the return, and there’s a negative impact for those predicted incorrectly.

Your stake is affected, in this example, by the number of goals scored. So if you made a £10 bet, each goal has a value of £10. With fixed odds, you will only ever be right or wrong in your prediction, but it is different with spread betting because the more you are correct the more your payout increases and if you lose, the run of bets is not over.

📡 Spreadex Live Betting

Live betting is an essential part of the sportsbook experience. Without it, no bookie is able to compete with the UK's elite platforms. Thankfully, Spreadex provides the perfect live betting service that gives you access to live streaming to watch fixtures play out in real-time. You have access to live scores that offer up new odds to bet on. Plus, you also have eSports betting included, which is all about betting on console games. It is very niche but gaining a lot of traction.

Live Betting is all about the immersive qualities, and Spreadex has this in abundance. We now briefly discuss these areas of service that enhance the live betting experience.

📹 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 streams and it will help you to get a clearer picture of 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.

👀 Live Scores

Live score access allows you to follow all sports that are currently in play. This means you can follow all your bets in real-time when they start. What comes with having the live scores is the opportunity to bet on the game while it is in motion. Odds will change, new markets will be added and it offers a chance to bet on games no matter how long is left to play.

🎮 Bets on eSports

Everyone knows just how popular eSports betting 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.

🏦 Spreadex Financials

The Financials is one of the three main parts of the bookmaker. Known as Spreadex Trading, this takes you far away from the world of sports and presents stocks instead. Have you ever played the markets before? Fancy being the wolf of Wall Street for once? Well, this is what the trading hub of Spreadex allows.

What Are CFDs?

Contracts for Differences. This is about leveraged access so that you can trade on the global markets. With this, you trade in number of units, buying or selling them at the given price. You will profit from markets rising and falling, trade can be done 24/7 and you can leverage your trade by percentages.

Markets

You will be able to trade among a wide selection of markets that include Forex, Interest Rates, EFTs, Bonds, and Shares. If this is all way over your head, then there is a more modern option and that is to bet on the value of Bitcoin, as cryptocurrency is now part of the financial interests.

Analysis

To aid your experience of juggling the financial markets, Spreadex is providing you with all the latest blogs and news articles that can help you to learn and follow the market more closely.

🎲 Spreadex Online Casino

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 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.

♻️ Conditions : applies to x5 deposit up to £40 | 40x wagering requirement | stake on bonus money limited to £5 max| bonus available for 28 days after registration| further T&Cs apply.

📡 Spreadex Live Casino

Within the category of Casino, you will find an option of Live Dealer. This is your live entertainment hub where you can access live streaming content that is the pinnacle of casino gameplay. Here you have access to 38 live tables, each hosted by a professional dealer. These are a selection of classic games like live blackjack, live poker, live roulette, and live baccarat. With them comes the next generation of gaming and that’s the game shows. New developments present alternative ways to play and win money online. An example of this is the game Deal or No Deal, the popular daytime game show that is now available for you to play live.

🃏 Spreadex Poker

Sadly, there is no access to live poker tournaments via Spreadex, but you can access traditional live tables like Three Card Poker, Caribbean Stud Poker, and Texas Hold’em Bonus Poker.

💳 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 adds 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 methods 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:

As can be seen from the above table, Spreadex slacks 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, which better than the usual £5 minimum deposit 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 App

More than 70% of online bettors use their mobiles to access Spreadex, which is why you can download, for free, the Spreadex Sports app. With this Spreadex betting app , you can experience all the services of the bookmaker and every one of the live sporting features they host.

There is also a Financial Spreadex app if you want to do your trading on your commute to and from work like a real stockbroker.

Spreadex iPhone App

For iPhone users, you can download the Spreadex app for free from the Apple App Store. It has a rating of 4.7 out of 5 and is 14.8 MB in size. The compatibility also works in iPod Touch, iPad, and Mac. The only tracking data is your ID and data usage. The ID is there because you can opt to use your biometrics as a login.

Spreadex Android App

The Spreadex Android app can be downloaded for free from the Google Play store. This app does require location access to determine if you are in a legal area. The app itself will give you access to all areas of the live sports service and financial trading.

Spreadex Casino App

There is the option of installing a separate casino app, that solely focuses on access to slots and live dealer games. It is available for iOS and is a smaller 13.4 MB application.

Spreadex Mobile (Web Interface)

Mobile apps are entirely optional as some players may not have the storage on their mobile to install one. If you wish to play without the need for an app, then head to Spreadex via your mobile’s browser. As the site is made with HTML 5 integrated throughout, there will never be a need to download additional software to play or watch the sports in real-time.

🔑 Spreadex Licensing and Certification

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.

👮 Responsible Gambling Measures

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: 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.

📞 Spreadex Customer Service

Spreadex provides a comprehensive support service that operates between 8 am and 5:30 pm for all 7 days of the week. Should you need to make direct contact with the Customer Support team, then you can e-mail or use the live chat service.

There is an option to mail or phone the customer service department if your queries require this contact. Spreadex also has social media outlets with Twitter and Instagram included as other points of contact and where information about the sportsbook can be found.

Within the Help & Support tab found on the main menu, you can access FAQ and a spread betting glossary to help you navigate areas of the platform. There is also an FAQ section on the mobile service they provide. In the unlikely event that you need assistance, then Spreadex has a very well-organised support service in place.

📝 Register on Spreadex

The registration process is really done in two parts. We will explain the signing up, and after, discuss the verification process.

• Start by clicking on Spreadex login.
• Click on Create an Account.
• Complete the 2-part form and choose your Spreadex login details (username and password).
• Complete the verification process.
• Make your first deposit and start betting (Welcome Bonus is optional, T&Cs apply).

Now, your account won’t be 100% complete until you have completed your verification process. This is a requirement for security purposes. You will be required to submit photo evidence of your ID and where you live. This can be done by utility bills, statements, driver's licence, and passport.

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 deal breaker.

By having the spreads and fixed odds, it expands potential, and having more is always better. It is why the number of accounts here rises, not drops. Furthermore, you could check out our Unibet review before making a decision.

❓ Frequently Asked Questions About Spreadex