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Football

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Tennis

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Darts

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Cricket

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Golf

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Horse Racing

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F1

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Boxing

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MMA

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Debit card

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Paypal

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Neteller

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Skrill

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Apple Pay

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PaysafeCard

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Trustly

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Deposit match

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Enhanced odds

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Reviewspreadex

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The leading sports spread betting platform with a decent fixed odds betting site.
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18+ begambleaware.org. Spread betting losses can exceed deposit. Place a qualifying £10 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. Free bet stakes not included in any winnings from the free fixed odds bets. Free bets expire in 28 days if unused.

SpreadEx UK Review 2024 - Sign Up to Get £40 Free Bets Offer

We independently review betting sites. Sign-ups through our links may earn us a commission at no extra cost to you, this never influences our listings’ order.

Overview

Jamie Clark Horse racing expert Jamie Clark was with bettingsites.co.uk from the beginning. Read content from this long-time gambling pro and former sports editor of Coral bookmakers on many topics..

SpreadEx is an established UK-based platform offering both spread betting and fixed odds betting. Aside from that, you can trade on various financial markets if that interests you, but this SpreadEx review will concentrate on the sports betting side of things.

This platform provides a range of sports betting markets including football, horse racing, cricket, tennis and much more. SpreadEx has a mobile app for iOS and Android devices, making it easy to place your bets. This platform has a reputation for unparalleled customer support, with multiple channels available for assistance. SpreadEx also offers a bet £10 get £40 free bet offer for new fixed odds betting customers and promotions on specific sports and events throughout the year.

Spreadex UK logo
Bet £10 Get £40 in Free Bets
The leading sports spread betting platform with a decent fixed odds betting site.
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Apply your code at Spreadex UK and enjoy your new bonus
18+ begambleaware.org. Spread betting losses can exceed deposit. Place a qualifying £10 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. Free bet stakes not included in any winnings from the free fixed odds bets. Free bets expire in 28 days if unused.
How do we rate Spreadex UK?
9.8/10
As a revolutionary brand and leading player in bringing sports spread betting to the masses, Spreadex is something a little different. That only adds to their appeal as a firm to keep onside.
Let's take a closer look at the breakdown of ratings.
  • Betting Markets - an acceptable number, including live markets?
  • Mobile App - offers dedicated iOS and Android betting apps?
  • Odds - good value odds? Best odds guaranteed?
  • Support - live chat manned by humas? Phone support?
  • Payment Methods - more than debit cards? No fees?
  • Bonuses/Promotions - fair T&C’s? ongoing bonuses for regulars?
  • Withdrawal Speed - payments within 24 hours? No unnecessary delays?
  • Safety - UKGC license? Adopts responsible gambling? Uses encryption?
Let's take a closer look at the breakdown of ratings.
Betting Markets
an acceptable number, including live markets?
9.1
Excellent
Punters can place regular fixed odds wagers and sports spread bets together on the same platform thanks to Spreadex. While their range of markets and coverage might not go as deep as regular online bookies, they more than make up for it by excelling in their own niche.
Mobile App
offers dedicated iOS and Android betting apps?
6.5
Average
The Spreadex Sports app literally puts spread betting and fixed odds wagers together side-by-side by at your fingertips. Download it for free for Android and iOS powered mobile devices and get the full desktop online betting experience on your smartphone.
Odds
good value odds? Best odds guaranteed?
9.5
Excellent
With the opportunity to do some spread betting, you can make bigger profits, but also lose more than your stake in such markets on Spreadex. Their fixed odds service compares favourably well to other major bookmakers too, so you've got options.
Support
live chat manned by humas? Phone support?
8.9
Very Good
Offering telephone, email and live chat support keeps Spreadex in line with the competition. These customer support channels are not currently available 24/7, however, which is a drawback and out of step with other leading firms.
Payment Methods
more than debit cards? No fees?
8.3
Very Good
Perhaps as a result of them also being a financial trading platform, the payment options at your disposal on Spreadex aren't great. They are just the basic methods of debit card and bank transfer. Spreadex can only add to this in future.
Bonuses/Promotions
fair T&C’s? ongoing bonuses for regulars?
7.5
Good
You can boost your acca winnings, picked up spread free bets and have horse racing wagers covered by 2nd to a Rag insurance. On top of these deals open to everyone, Spreadex has a great new customer offer that lets you try both fixed odds and spread betting out.
Withdrawal Speed
payments within 24 hours? No unnecessary delays?
8.9
Very Good
The speed of withdrawing funds from your Spreadex betting account reflects the available payment methods. As these are the most basic, you will unfortunately encounter the slowest times on average here.
Safety
UKGC license? Adopts responsible gambling? Uses encryption?
9.6
Excellent
Not only is their financial trading platform regulated by the FCA, but Spreadex is also a fully licensed UK Gambling Commission endorsed bookie. Accompanying this is the kind of rigorous and tight security you would expect from any other bookie or place where you can play the markets.

SpreadEx Review: Sportsbook Sign Up Offer Overview

SpreadEx has been a popular online sports betting platform in the UK since 1999. SpreadEx is a rare site that offers spread betting, allowing users to win more money for accurate predictions. SpreadEx offers a sign-up offer for new customers, enabling users to bet £10  and get a £40 in free bets.

SpreadEx Review Sign Up Offer

To take advantage of the SpreadEx sign up offer, new customers need to register for a full sports spread betting account with SpreadEx and place a qualifying bet of £10 or more on any market at odds of 1/2 (1.5) or greater.

  • Once the qualifying bet has settled, you will receive a £10 fixed odds bet, a £5 Total Goals football spread bet, a £5 Winning Favourites spread bet for racing, and a £1 Race Index spread bet.
  • The remaining bonuses (second set) comprising of a £10 fixed odds bet, a £5 Total Goals football spread bet, and a £5 Winning Favourites spread bet for racing, are credited 24 hours later.
  • Winnings from the free fixed odds bets will not include the stakes of the free bets.

In addition to the sign up offer, SpreadEx also offers promotions on specific sports and events throughout the year. For example, during the football season, users may take advantage of enhanced odds on particular matches or receive free bets for placing a certain number of football bets.

SpreadEx is a solid choice for sports betting in the UK. The platform offers a wide range of markets, a user-friendly interface and excellent customer support. The SpreadEx new customer offer of bet £10 and get £40 free bets is a generous promotion that makes it perfect for both new and experienced punters.

Welcome Bonus Terms and Conditions

As discussed, the SpreadEx UK Welcome Bonus is a promotion for new customers that offers £40 in free bet tokens when users bet £10 or more on a qualified sports market with odds of 1.5 (1/2) or greater. However, users must meet specific terms and conditions to take advantage of this promotion. The minimum bet for this offer is £10, and users can place their qualifying bet on any sports market offered by SpreadEx.

Free bets may only be used on sports markets and must be used within 28 days after being credited to the user’s account. All free bets non-transferable and you cannot cash them out. Any gains from the free bets will be deducted from the free bet token’s initial value and credited to the user’s account as cash, no play-through. The SpreadEx UK Welcome Bonus is a truly excellent deal, and users should comply with all the terms and restrictions before taking advantage of it.

Minimum Bet Qualified Markets Expiry Date Minimum Odds Withdrawable?
£10on a single bet Any sports market 28 days 1.5 (1/2) No

Who Can Claim the SpreadEx UK Welcome Offer?

The SpreadEx welcome offer is available to new customers who are 18 years or older and are residents of the UK. The offer is limited to one per person, household, email address or payment method. Customers who already have an account with SpreadEx (or have had one in the past) are not eligible for the welcome offer.

If you head to the SpreadEx site and look through the payment information you will notice mention of credit cards. Be aware this applies to the financial markets side of SpreadEx and not sports betting. Legally, you cannot use credit cards at gambling sites in the UK. The accepted payment methods are Visa debit, MasterCard debit, bank transfer or cheque.

How to Get Started and Claim Your SpreadEx bonus

To claim the SpreadEx UK Welcome Bonus, users must follow a few simple steps:

  1. Sign up for a New Account

    Visit the SpreadEx website and click the 'Create an Account' button. Fill out the registration form with your details and create a unique username and password.
  2. Make Your First Deposit

    Log in to your new SpreadEx account and make your first deposit using a debit card.
  3. Place Your Qualifying Bet

    Place a bet of £10 or more on any sports market with odds of 1/2 (1.5) or greater. Once the qualifying bet has settled, your £40 free bets will be credited to your account in line with schedule published in the terms and conditions on the site.
  4. Use Your Free Bets

    The tokens must be used within 28 days of being credited to your account. It can be used on any sports market offered by SpreadEx.

It is essential to read and understand the terms and conditions of the promotion before signing up for a new account and claiming the bonus. Claiming the SpreadEx UK Welcome Bonus is straightforward and can be completed in just a few easy steps.

SpreadEx Free Bet and Other Promotions

In addition to the SpreadEx UK Welcome Bonus, the platform offers its customers a range of other promotions and offers. These include:

Refer a Friend

SpreadEx offers a ‘Refer a Friend’ promotion, where users can receive a £100 bonus when they refer a friend to the platform. To be eligible for this offer, the friend must sign up, deposit, and place a bet of £10 or more.

Acca Boost

SpreadEx offers an Acca Boost promotion, where users can receive up to 50 percent extra winnings on accumulator bets with four or more selections. The percentage of the boost will depend on the number of choices in the accumulator bet.

Cash Out

SpreadEx offers a ‘Cash Out’ feature for both pre-event and live games which allows users to cash out their bets before the event has finished, albeit for a reduced payout. This feature is available on various sports markets and will enable users to lock in a profits.

Free Bets

During the year, Spreadex runs several free bets. One of these is the ‘Bet £20 Get a £10 Free Bet’ promotion, which entitles users to a £10 SpreadEx free bet token when they wager £20 or more on a specific sports market.

It is crucial to note that each promotion has terms and conditions, so users should read these carefully before participating in any offer. Spreadex offers its customers a range of promotions and offers, providing additional value and opportunities to win.

How to Redeem Your SpreadEx Bonus Code

Currently, SpreadEx does not offer any bonus codes for its promotions. Instead, users can claim the various SpreadEx promotions and offers by following the terms and conditions of each promotion. For example, to claim the SpreadEx UK Welcome Bonus, users must sign up for a new account, make a first deposit of £10 or more in line with the offer terms and conditions, and place a qualifying bet on a sports market with odds of 1/2 (1.5) or greater. No SpreadEx bonus code is required.

Once the bet has been settled, free bet tokens are credited to the user’s account in two stages. Similarly, to claim the ‘Acca Boost’ promotion, users must place an accumulator bet with four or more selections, and the extra winnings will be credited automatically to the user’s account. It is essential to read and understand the terms and conditions of each promotion before participating in any offer.

There may be circumstances where SpreadEx introduces bonus codes for its promotions in the future. Punters can redeem these codes by entering them into the appropriate field during the sign-up or deposit process.

SpreadEx Review: Sportsbook Revealed

Now it is time to browse the SpreadEx website and go thoroughly into what SpreadEx UK can provide its clients and consumers. It’s time to chow down on the meat and potatoes of SpreadEx.

What Sports Can I Bet on With SpreadEx?

SpreadEx offers a wide range of sports markets for users to bet on. These include popular sports such as football, horse racing, tennis, basketball, and cricket as well as less prominent sports such as snooker, darts, volleyball, and handball. SpreadEx also offers markets for eSports events, including League of Legends, Dota 2 and CS:GO. SpreadEx provides in-play betting options for many of its sports markets, allowing users to bet on live events as they unfold. This classy-looking site offers a diverse range of sports markets, ensuring users can find a sport or event to bet on that suits their interests and preferences.

spreadex betting

SpreadEx Odds and Value

SpreadEx is known for offering customers competitive odds and good value. The platform uses a spread betting model, allowing users to trade on the price movements of various markets, including sports. SpreadEx’s unique approach to sports betting will enable users to bet on a range of outcomes, including traditional betting options such as win, lose, or draw, as well as more complex options such as total goals or points, handicaps, and correct scores.

Please note, it is important you understand the differences between spread betting and fixed odds betting before you place bets at SpreadEx. Here’s our full guide to sports spread betting.

SpreadEx also offers a range of tools and features to help users make informed betting decisions and find value in the markets. For example, the platform provides users with various statistical data and analyses, such as head-to-head records, recent forms, and team/player statistics.

Bet Limits

SpreadEx has different bet limits for other markets and events, depending on various factors such as the sport, the level of competition and the event’s popularity. Generally, the minimum bet amount for most sports markets is £1, while the maximum bet amount can vary significantly.

SpreadEx also has a maximum payout limit of £1 million for any bet or bet placed on the same event. The platform reserves the right to apply payout limits on individual bets or events, and these limits can be changed at any time at SpreadEx’s discretion.

It is important to note that SpreadEx’s bet and payout limits can change without notice, and users should always check the specific terms and conditions of each market or event before placing a bet. SpreadEx may also apply further restrictions on bets placed by users deemed to be abusing the platform’s betting rules or acting in a manner that is not following the platform’s terms and conditions.

In-Play Betting

SpreadEx offers in-play betting on various sports markets, allowing users to bet on live events as they unfold. This includes popular sports such as football, tennis, basketball, and cricket. Most sports to which live betting can be applied are covered at SpreadEx.

Live Streaming

A considerable amount of live streaming is available at SpreadEx UK, and this online sports betting site is one of the best available for live-streaming events. Many leading markets such as horse racing, football, F1, tennis and beyond are streamed at SpreadEx UK. Don’t expect to be able to stream major events though, such as the EPL or opens for tennis or golf.

You can access live streaming events at SpreadEx via the ‘schedule’ menu in the in-play betting section. This will list all upcoming events that are available for live streaming. To watch any live stream at SpreadEx, you will either need to have a funded account or place any bet at the site within the previous 24 hours.

Live streaming is also available via the SpreadEx UK mobile app, but you will need a stable internet connection to watch, 4G at the minimum.

SpreadEx Bet Builder

SpreadEx offers a bet builder feature that allows users to create custom bets by combining different markets within a single event. The bet builder feature is only available for football.

Punters can select from a range of available markets, such as the match result, the first goalscorer, the total number of goals, and the number of corners, and then combine them to create a custom bet. The odds for the custom bet are calculated automatically based on the likelihood of each outcome.

SpreadexMarkets min

This can lead to exciting bets with dazzling odds and combines well with live coverage or live streaming at the SpreadEx site. If all your selections come in, you can win a large amount of money via a relatively small stake, although this is not guaranteed.

If you construct a bet builder bet, all selections within the bet must be on the same match. You cannot ‘mix match’ different outcomes from different matches.

Other Functionality at SpreadEx

In addition to spread betting and fixed odds betting, SpreadEx offers a range of other functions and features for users to enjoy. These include:

  • Financial Trading – SpreadEx provides a platform for users to trade in financial markets, including forex, commodities, and indices. Users can access live prices, charts, and analysis tools and place trades directly from their SpreadEx accounts.
  • Virtual Sports – SpreadEx offers virtual sports betting on various sports, including football, horse racing, greyhounds, and motor racing. Virtual sports events are generated by computer algorithms and offer users a fast-paced and exciting betting experience.
  • News and Analysis – SpreadEx provides various news and analysis tools to help users make informed betting decisions. This includes live scores, stats, expert insights, and commentary on upcoming events and markets. SpreadEx offers a wide range of functionality and features to cater to its users’ diverse interests and needs. Whether you are interested in sports betting, casino games, financial trading, or virtual sports, SpreadEx has something to offer.

SpreadEx Review: Customer Support

SpreadEx provides customer support through various phone, email, and live chat channels. The customer support team is available from 8am until 5.30pm all week, to assist users with any queries or issues.

Customers can get in touch with SpreadEx customer service via phone or email. Separate contact information is available for financial trading, casino games and sports betting. The SpreadEx website also has a live chat function that gives visitors a quick and easy way to contact a customer service agent.

On the website, SpreadEx also offers a comprehensive help centre that includes frequently asked questions and user manuals on numerous subjects about the performance and capabilities of the platform. A help centre is valuable for people who prefer to research their questions independently because it is laid out and simple to use.

SpreadEx offers thorough customer care, with numerous ways for customers to contact the support staff and a well-thought-out help centre for self-service support. When users require help, the platform’s customer care agents are responsive and helpful, offering quick and practical assistance.

SpreadEx Customer Support

  • Phone (UK): 01727 895 000
  • Phone (non-UK): +44 1727 895 000
  • Email: [email protected]
  • Live chat: 8am – 5.30pm

Try the SpreadEx Mobile App

Players can bet on sports, play casino games, and trade in financial markets while on the go with the SpreadEx app, which is available for iOS and Android devices.

The same functionality and features are available on the app as on the desktop website, including access to numerous sports markets, live scores and analytics, casino games, and financial trading tools. The welcome bonus for new users is just one of the promotions and bonuses available to gamblers.

The software is well-designed and straightforward, with a user interface that makes finding and rapidly placing bets simple. The software also gives users access to current prices and odds, enabling them to place wagers on the go with knowledge.

For players who wish to stay connected to their betting and trading activities while on the go, the SpreadEx sports mobile app is a great choice. Punters can access the app for free on the Apple Store or Google Play and sign in with their SpreadEx account information.

SpreadEx Review: Sports Spread Betting

SpreadEx is one of the few UK bookmakers that offer sports spread betting, a type where the payout is based on the accuracy of the punters prediction rather than SpreadEx fixed odds offer.

In sports spread betting, the bookmaker sets a spread, the range of possible outcomes for a particular event. The bettor then bets whether they think the outcome will be above or below the spread. The amount that the bettor wins or loses is determined by how far the actual result is from the spread.

The punter can put a wager on whether they believe the actual number of goals scored will be above or below 2.5, for instance, if the bookmaker sets the spread for the total number of goals scored in a football game at 2.5. The bettor would win their wager if they placed a wager on the over and lose their stake if they placed a bet on the under if the exact number of goals scored is 3.

Spread betting allows for great versatility because bettors can select their stake amounts and wager on various outcomes. Yet, because the potential losses might be much more significant than the initial bet, a higher risk is involved.

Sports spread betting offers the possibility for bigger payouts and the option to benefit from both winning and losing bets compared to SpreadEx fixed odds betting, where the payoff is predetermined and based on the odds at the bet’s time. For seasoned gamblers searching for a more exciting and dynamic betting alternative, sports spread betting can be a fantastic choice.

It’s Not Just Sports, Check Out SpreadEx Games as Well

While the main theme of SpreadEx UK is sports betting, there is plenty more to do, gambling-wise at SpreadEx UK, with several other options. You can find out about all that SpreadEx UK can offer you when it comes to wagering below.

SpreadEx Casino

Several providers, including Big Time Gaming, NetEnt and Microgaming, powers the SpreadEx casino. Despite having only a few providers, the casino offers plenty of excellent games, including slots, table games, and video poker. The casino also features popular Microgaming progressive jackpot slots, such as Mega Moolah, Major Millions, and King Cashalot, which offer the potential for life-changing payouts.

spreadex casino

In addition to the traditional casino games, the live casino at SpreadEx is powered by Evolution and features live dealer versions of popular games, including roulette, blackjack, baccarat, and game shows like Monopoly Live and Deal or No Deal Live. Overall, while the SpreadEx casino may have a limited number of providers, it still offers a diverse selection of games that will provide hours of entertainment for casino players.

SpreadEx Review UK: Payment Methods

This sports betting site provides a variety of payment options for funding your SpreadEx account to accommodate diverse demands and preferences. Debit cards, cheques, bank transfers and even direct debits are all available.

Although SpreadEx does not impose fees for deposits or withdrawals, it is important to keep in mind that your payment provider might. Selecting a payment option that can be used for both deposits and withdrawals is crucial because some payment methods might not be accessible for withdrawing money.

Regarding processing time frames, withdrawals can take a few days, depending on the payment type, while deposits are normally handled instantaneously.

A list of some of the payment options accepted by SpreadEx is provided below, together with information on processing times, costs, required minimum deposits, and maximum withdrawal amounts:

Payment Method Fees Minimum Deposit Maximum Withdrawal Processing Time
Visa Debit None £1 No maximum 2 hours
MasterCard Debit None £1 No maximum 2 – 5 days
Bank Transfer None £1 No maximum 2 day
Cheque None £1 N/A N/A
Direct Debit None £1 N/A N/A

SpreadEx Withdrawal Time

SpreadEx withdrawal times can vary depending on the payment method used. Debit card withdrawals can take 2 to 5 business days to process, while bank transfers can take up to two business days. It’s worth noting that SpreadEx may require additional verification for large withdrawals or customers withdrawing funds for the first time.

Who are SpreadEx and is it Safe?

SpreadEX NEWSpreadEx is a UK-based online bookmaker that was founded in 1999. The company is privately owned and formed by the former City trader Jonathan Hufford and headquartered in St. Albans, Hertfordshire. SpreadEx is fully licensed and regulated by the UK Gambling Commission, ensuring that the sports betting sites operates fairly and transparently and meets strict customer protection and security standards.

SpreadEx betting has sponsored several high-profile sports events and teams in the UK as a reputable and established SpreadEx sports betting brand. These include the SpreadEx Trophy, a prestigious horse racing event held at Haydock Park, and the SpreadEx-sponsored rugby team, Harlequins FC.

  • Date founded: 1999
  • Ownership: Jonathan Hufford
  • Headquarters: St. Albans, Hertfordshire
  • Address: Spreadex Ltd, St. Albans House, 57-59 Haymarket, London, SW1Y 4QX
  • UKGC licence: 8835

SpreadEx betting has a strong reputation as a safe and trustworthy online bookmaker, focusing on sports spread betting and a commitment to providing a high-quality betting experience for its customers.

SpreadEx Sponsorship

SpreadEx has established a strong presence in the UK sports sponsorship scene. The company has been involved in several high-profile sponsorships and partnerships in recent times, including the SpreadEx Trophy, a prestigious horse racing event held at Haydock Park. SpreadEx is also the main sponsor of Sunderland FC, has sponsored Burnley FC and has sponsored other events such as the SpreadEx Cheltenham Festival and the annual SportsPro Live conference in London. Through these partnerships, SpreadEx has helped to raise its profile and establish itself as a trusted and reputable brand in sports betting and online gaming.

SpreadEx Pros & Cons

Here are some of the key pros and cons of using SpreadEx, compared to other UK bookies:

What We Like:
  • Spread betting: SpreadEx is one of the few UK bookies that offer sports spread betting, which can be a more exciting and potentially lucrative way to bet on sports.
  • Low minimum deposits: SpreadEx allows you to deposit as little as £1, which is lower than many other UK bookies.
  • Competitive odds: SpreadEx bet offers competitive odds on various sports and markets, with some of the best prices available for fixed odds betting.
What We Don’t Like:
  • Limited promotions: SpreadEx doesn’t offer as many promotions and bonuses as other UK bookies, which could be a downside for some customers.
  • Limited payment options: SpreadEx offers a limited range of payment options compared to other UK bookies, such as no eWallets.

SpreadEx betting offers a unique and exciting way to bet on sports through spread betting, with competitive odds and a wide range of markets. However, the limited promotions and payment options could be drawbacks for some customers.

Our Final Verdict

SpreadEx UK is a bookie that offers a unique and exciting way to bet on sports through spread betting. We were impressed by the competitive fixed odds, a wide range of markets, and low minimum deposits. The customer service was also extremely responsive and helpful.

However, we did find some areas where SpreadEx could improve. The limited payment options and promotions were a downside. We also found the website design a bit dated and less user-friendly than other bookies.

We recommend SpreadEx to punters interested in trying out spread betting, but make sure you fully understand spread betting if you do.

SpreadEx FAQs

Can I use the SpreadEx Bet Builder on any sport?

Can I live stream EPL matches via the SpreadEx site or app?

Can I claim the SpreadEx welcome bonus if I am an existing customer?

Does SpreadEx offer mobile betting options?

What are the customer support options at SpreadEx?

Jamie Clark
Jamie Clark
Jamie Clark

Jamie Clark has been with www.bettingsites.co.uk from the very beginning and penned the very first pieces of content that appeared right here. Known for his horse racing expertise, his strong gambling knowledge comes from childhood where he was surrounded by both horses and betting. The godson of a former on-track bookmaker at Market Rasen Racecourse, Jamie ended up working in the same industry and became Sports Editor of heavyweight bookies Coral for three years before they merged with Ladbrokes. After a successful spell freelancing for other big names in the business, he helped us launch this site with his skills, experience and ability coming in useful. Read long form content across a range of betting subjects from Jamie right here.