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Spreadex Review – The Complete Guide to the UK Online Bookmaker
Throughout this review, we aim to provide an in-depth evaluation of one of the UK’s rising betting platforms; Spreadex. We will analyse the betting markets, odds, and payout rates of Spreadex, as well as highlight other key aspects such as sportsbook security, customer service, and much more. To get started, here’s a visual summary of what’s in store.
Full T&Cs Apply! Place a £25 fixed odds bet at minimum odds of 1/2. Get 5 x £5 free fixed odds bets + 2 x £5 free Total Goals spread bets. Spread betting losses can exceed deposit. 18+ begambleaware.org
As the UK market continues to flourish, betting platforms must adapt and fulfil the needs of a wide range of players to thrive. Spreadex certainly delivers in this regard and definitely holds its own against other leading market competitors. This Spreadex review will elaborate further upon the various strengths and weaknesses of the platform so that you can have the best experience possible and see if it compares to other best betting sites in the UK. Keep reading to learn more!
Spreadex Welcome Bonus & Offers
Our review begins with an in-depth analysis of the bonuses offered by Spreadex, starting with the welcome bonus that’s only available to new customers in the UK. Continue reading to discover all the details about the sign-up promotion.
The Up to £35 Welcome Bonus Explained
Place a qualifying £25 bet at odds of 1/2 or greater to unlock the welcome bonus, but be aware, that this bet cannot be in-play or cashed out early. Upon settlement, you’ll receive your first £5 free bet and four additional £5 free bets on consecutive days.
For example, if your qualifying bet settles on Monday, you’ll get a £5 free bet each day from Monday to Friday. Additionally, after your first and second free bets, you’ll receive a £5 Total Goals spread bet each time, provided you have a full spread betting account. Keep in mind losses from future spread bets can exceed deposits.
For smaller qualifying bets ranging from £5 to £24, the number of £5 free bets you receive varies. The free bets are tiered based on your qualifying bet’s size, granting you up to four £5 free bets for a £20 to £24 bet. All free bets must be claimed within 28 days of account opening and do not include the free bet stake in any winnings.
Step 1: Click on the ‘Visit Site’ button located at the top of this page.
Step 2: On the Spreadex site, click the Join Here button.
Step 3: You will be directed to the registration page. Enter your details accurately.
Step 4: The last part of sign-up will be the bonus tab. Opt-in to the welcome bonus.
Step 5: Deposit and place a qualifying bet. Your free bet will arrive once conditions are met.
More Speadex Promotions
Spreadex offers a variety of regular promotions to enhance your betting experience, with one standout ongoing promotion being the “Boost Your Acca”. This promo allows you to significantly increase your potential winnings by offering up to a 75% boost on accumulator bets on qualifying football markets.
This means when you compile multiple selections into one bet, Spreadex rewards you with increased winnings based on the number of selections, making it an attractive option for football fans looking to maximize their betting value.
An Introduction to Spreadex Sports Betting Options
Spread betting can trace its roots to financial trading and can be viewed as the more times you win, the more money you stand to make. Conversely, the more you’re wrong, the more you can lose. This Spreadex review will discuss how sports spread betting offers an exhilarating experience, with changing live odds to reflect the game play itself.
Pros and Cons of Spreadex
Below, we’ve outlined the pros and cons of Spreadex. This straightforward review aims to give you a clearer understanding of the operator’s performance, helping you decide if it’s the right choice for you.
Pros
Comprehensive range of sports and financial markets
Regular promotions including acca boosts and free bets
Flexible betting options with both fixed odds and spread betting
Cons
Complex navigation for new users unfamiliar with spread betting
From my experience, Spreadex stands out for its unique blend of sports betting and financial spread betting, offering a diverse range of markets. However, navigating the platform can be a bit tricky for newcomers. It’s definitely worth exploring, but I’d advise taking some time to familiarise yourself with its features.
Available Sports Markets and Betting Types
With Spreadex sports it’s possible to place spread bets across a wide selection of events or matches from many major sports popular throughout the world, particularly the UK, USA, and Europe. In total, players can choose between 19 different sports as well as financial trade betting, which was the field in which Spreadex originated.
Football emerges as one of the most dominant Spreadex sports betting markets, as the platform features many international leagues and tournaments ranging from the west to the east in their line-ups. UK fans, in particular, can enjoy the Premier League, Scottish Premiership, and FA Cup to name a few. Rest assured Spreadex has plenty to keep football betting fans occupied.
Whilst we believe that the Spreadex sports betting selection caters to a wide range of customers, we also think that the collection of sports on offer compared to the others on our list of betting sites. Perhaps as Spreadex continues to grow a larger audience, they will adapt more games and activities into their sports markets. For those who don’t understand spread betting but want to bet on combat sports, check out our best boxing betting sites.
In-play Betting & Live Streaming Options
In-play betting simply refers to wagering whilst the event is taking place. Live sports betting is available to players across the Spreadex UK sports markets and it is even possible to stream almost all major events and games live using the live streaming feature on the Spreadex site. They even offer a TV schedule so that you can stay on top of all upcoming fixtures.
During a particular sporting event, Spreadex UK can offer up to as many as 150 different collections that you can bet on, many of which are available to make in-play. What makes Spreadex also stand apart is that you don’t have to bet on a specific winner, but rather you can gamble on a sports market margin such as a time or point scored, e.g. a goal.
Like the best horse racing betting sites, Spreadex sports offers an extensive selection of sports to live stream, including the ever live sports betting sites such as football, horse racing, cricket, rugby and tennis. If you delve further into these categories, you will find they cover many international leagues and tournaments.
For example, football fans can follow the Premier or Champions Leagues, whereas golf aficionados can stay up to date with the US Masters tournament. We believe that Spreadex has a great line-up of live sports to choose from with a carefully considered range that is sure to appease as wide an audience as possible.
Spreadex Betting App
The Spreadex betting app is designed to provide a seamless and efficient betting experience for users on the go. It brings the comprehensive Spreadex sports betting and financial trading platform to your fingertips, offering easy access to a wide range of markets, including sports, finance, and casino games.
The app is intuitively designed, making navigation straightforward for both beginners and seasoned bettors. With quick deposit and withdrawal options, live betting features, and real-time market updates, the Spreadex app ensures you’re always in the loop and ready to make a move.
Additionally, the app includes unique features such as the ability to place both fixed odds and spread bets, giving users a flexible betting experience. The integration of advanced security measures ensures that all personal and financial information is kept safe and secure.
Whether you’re looking to place a last-minute bet on a football match or monitor the financial markets, the Spreadex betting app provides a comprehensive and convenient solution for all your betting needs.
Accumulators & Multiples Bets
As Spreadex deals primarily with spread betting, multiple bets are possible to place by players, meaning the payout is dependent on a multiple of your bet rather than a fixed total. Players can choose between spread betting and fixed betting with each offering different odds.
With the ‘bet builder’ feature, you can combine several different markets on the same events, combining different odds and create larger potential payouts, it makes Spreadex one of the better bet builder sites. Players can also be rewarded for placing three Spreadex sports spread bets within a 10-minute window, with Spreadex covering the cost of your fourth bet. This free bet can also be used to increase the value of the lowest stake in the qualifying bets.
With spread betting comes the higher risk of losing more money than you originally placed, which is why we’d also recommend gambling responsibly!
Bet and Win Limits at Spreadex UK
With Spreadex, a lot of their sportsbook markets start with a minimum stake of 1p, although other markets that are considered to be more stable demand a slightly higher minimum stake level. For instance, total goal spread bets in all football fixtures, have minimum stakes beginning at 15p. The minimum stake size for each sport type can be found on all betting slips.
Although Spreadex does offer a conventional bookie experience, its primary focus is on spread betting. Spread bets serve to enhance the thrill for high-rollers as they can win bigger payouts. However, with spread betting, there is also the opportunity that you could lose more than you originally wagered. Therefore, we recommend thoroughly researching the risks before taking part!
Competitive Odds Throughout
Combining both fixed odds betting and spread betting, Spreadex odds are more volatile in comparison to other UK online betting sites. This variety of betting types means that your chances of increasing your total winnings are greater. To those not accustomed, spreads betting odds look rather different.
Two different prices are given on any specific spread bet; the buy price (i.e. your ‘stake’), and the selling price (i.e. the ask price). The difference between these two numbers is what we call the spread.
For example’s sake, let’s imagine a Premier League football match of West Ham vs. Liverpool, with a spread of 0.7-1 goals in favour of Liverpool.
If you bet with a stake of £50 per goal and bought in at ‘1’ (betting for Liverpool winning), and the result was 2-0 to Liverpool, your payout total would be £100, with a £50 profit. This is because 2 goals – ‘1’ goal = 1 point, which is then be multiplied by your stake (£50). 3 goals = 2 points and a £100 profit, and so on. However, if Chelsea won 1-0, you’d be down £50.
Odds Levels for the Largest Sports Markets
.
Football96.42 - 98.12%
Basketball96.32 - 98.16%
Cricket95.30 - 97.55%
Ice Hockey94.61 - 98.85%
Tennis97.20 - 97.67%
Golf95.88 - 98.30%
Rugby95.47 - 97.24%
American Foot 95.97 - 98.23%
..
.....
Return to Player (%)
As it primarily emphasizes spread betting, we found the fixed odd levels of Spreadex to be just okay in comparison to other leading platforms in the competitive world of online sports betting, such as bet365 or Matchbook. On the contrary, with a such broad market selection combined with spread betting, the possibilities of Spreadex bets are boundless.
Available Payment Methods
Spreadex betting accepts many of the classically trusted payment methods, thus ensuring security and peace of mind. Deposit or withdrawal transfers can also be made online or over the phone if preferred. Unfortunately, the use of e-Wallets isn’t yet available which is sure to strike a blow to some potential players. Below we have provided a table of the most popular payment methods as accepted by Spreadex which illustrates the differences between them.
Before diving in, it’s crucial to note the variety in processing times and limits each payment method presents. There are specific caps on both the minimum and maximum deposit amounts. Notably, Spreadex imposes a £1 fee on all debit card deposits below £50, suggesting the platform caters more to high rollers.
Additionally, for Direct Bank Transfers, using your Spreadex account number as a reference is essential. Importantly, PayPal withdrawals at Spreadex are usually processed within 48 hours, a feature that places it among fast withdrawal sites, offering quicker access to funds.
Aspects of the Hi-Tech Betting Platform
This Spreadex review will now examine the betting platform itself. The website’s stylistic three-column layout presents all betting options in an incredibly clear manner. On your left sits the list of all in-play events, in the centre all upcoming live events, and finally, on the right-hand side, you can find your bet slip, the full list of sports offered as well as a live streaming window to enjoy.
The directory of the Spreadex betting site is well-structured and presented, making it painless to find any sport or live betting options that you’re looking for. Underneath the top black banner with the Spreadex logo and sign-in features, you can easily access many of the existing sports markets which should load quite quickly.
As an operator that doubles in both sports and financial trade spread bets, the Spreadex betting website is genuinely intuitive to use and navigate with. It also features full mobile compatibility for iOS and Android, meaning it’s quite straightforward to bet from your device whether at home or on the go.
How to Place a Bet with Spreadex
When it comes to Spreadex sports, betting couldn’t be easier. Upon picking a sport to wager on, players are given the option to toggle between two types of bets from the menu bar above the game selections. Every fixture coming up on Spreadex sports games feature a statistics section in the form of a bar chart, which lets you truly consider all aspects before betting.
Before you begin betting, however, you first must make an account. This process is made incredibly quick and easy by Spreadex, so much so that we’ve gladly created a step by step instruction graphic that outlines all the simple steps you need to make before laying down your first deposit and betting for real money.
[1] Create a Spreadex AccountSimply head to the Spreadex homepage, then simply click on ‘Join’ in the upper right-hand corner. Afterward, a registration form should appear for you to fill out.
[2] Fill in Details All you have to do next is provide the required information. Provide your details, create a username and password and confirm you’re over 18 then you’re good to go.
[3] Place a BetAfter finishing the sign-up process, you will receive a notification within 24 hours that Spreadex has approved your account. You can now make deposits and start playing!
Luckily, live betting is easily accessible through the front centre of the sports page. Start clicking to instantly discover odds on occurring and upcoming events across the UK and elsewhere. Once you’ve made a deposit, you can start following the action. There is also a feature that allows you to place multiple in-play bets simultaneously.
Spreadex offers quite a transparent betting experience. Players can analyse pre-match betting states so that they can be best informed before making or accepting bets. In-play betting also provides clients the opportunity to wager whilst games take place and odds are fluctuating, meaning you can alter wagers as things unfold.
History of the Spreadex UK Company
Spreadex UK is a privately held betting company that has successfully fused financial online spread trading with sports betting and an online casino service over the past two decades. The company’s operations are overseen and regulated by the UK Gambling Commission. Next, we’ll try to give you a better understanding of how Spreadex operates.
Spreadex UK: Under the Microscope
When they began trading in 1999, Spreadex initially specialised in financial share trading before expanding into the world of sports spread betting later in 2006. Since their formation, they have earned a formidable reputation as a reputable betting platform with tens of thousands of devoted account holders.
The company has also been named ‘Best Spread Betting Firm for Customer Service’ five times in the Investment Trends UK, CFD, FX, and Spread Betting Reports. By considering how Spreadex has made a notable impression within the diverging worlds of financial trading, sports betting, and online casinos, it’s easy to understand why the company has experienced success in everything it touches.
The stability and security of Spreadex betting platforms have been upheld since 2013 by the private company Computacenter, which makes sure that the Spreadex platform can meet the demands of an expanding customer base. In harmony with British gambling laws, Spreadex also works closely together with GamCare, a leading organisation in the campaign against gambling problems.
Award-Winning Customer Support8
Spreadex stands out amongst competitors as an online betting platform that seems to value customer experiences. They’ve even taken the time to meticulously arrange their website into clearly organised topics as well as provide video tutorials to new players. On top of that, they run phone lines that run 24 hours a day, meaning someone is always available. Their customer service support operates primarily in English.
During our research for this Spreadex review, we found their customer service team to be incredibly helpful and knowledgeable, clarifying any issues that we had. Although it is highly unlikely you’ll need help navigating around the platform anyway due to how instinctive it is to use.
With any online operating sports bookmaker, customer trust is key in creating and maintaining a loyal fan base of players. As companies like Spreadex UK continue to grow and adapt their services, they need to treat customers with dignity and respect, which is why security is also important to any platform.
A Glance at Licensing & Security
With Spreadex sports betting, transfers can only be made in the name of the account holder and nobody else. The lack of acceptance of eWallets and other third party payment methods also exhibits a priority towards transparent customer identities and funding sources. All platform security is enforced with SSL encryption systems, meaning that all of your personal details stay private and protected.
As we mentioned earlier, Spreadex conforms to the rigorous standards of the UK Gambling Commission in order to keep its gambling licence. It also has responsibilities to the Financial Conduct Authority, meaning that Spreadex can be widely regarded as a safe and trustworthy betting site, which hopefully should offer peace of mind to new players.
Spreadex does offer users the opportunity to set time limits and self-exclusion periods if they feel like they should be taking regular breaks and encourages users to gamble responsibly and be aware of all risks involved. Outside of the UK, Spreadex is beholden to the Alderney Gambling Control, which largely regulates its casino betting markets.
Bonus Points for Spreadex
Other enticing aspects of Spreadex bets that we haven’t yet covered include the rich assortment of free bets and innovative promotions on offer. For instance, Spreadex offers to match bets made by the player. This generous offer presents patrons of all levels the opportunity to potentially double their bets.
From our estimations, Spreadex UK was able to earn quite a lot of extra points as it met many of our criteria. By offering great live streaming options, access to financial trading and online casino markets, and engaging matched bonuses, we found little to fault them with apart from maybe a lack of sponsorship deals. Check our final tallies below.
Live Streams.3/3
Sponsorship.1/3
Awards.1/2
Extra Markets.1/1
Bonuses.1/1
Bonus Points.7
All things considered, we feel that Spreadex betting deserves some extra points for the way that they consistently help their players make much more informed betting decisions. For example, let’s consider football events. When football matches are live on Spreadex, the platform utilises helpful graphics that display both the pitch and game statistics, so patrons can always stay on the ball.
Conclusion on Spreadex Sports Betting
As we reach the end of our Spreadex review, we’d like to leave you with some final thoughts on the platform. We consider this betting operator to be a truly well-rounded and unique force in the emerging UK sportsbook market. Due to its intuitive interface and superb live betting features, we thoroughly recommend this operator for those seeking the thrill of increasing their potential total payouts.
What makes this particular betting site stand apart is how it distinctively runs both spread and fixed odds betting types with the further option of combining the two. Its professional customer support services also help it stand out in the crowd. Below you can find a quick summary of the benefits and drawbacks of using Spreadex betting. Happy gambling!
Full T&Cs Apply! Place a £25 fixed odds bet at minimum odds of 1/2. Get 5 x £5 free fixed odds bets + 2 x £5 free Total Goals spread bets. Spread betting losses can exceed deposit. 18+ begambleaware.org
A big drawback in comparison to some of the others is that Spreadex doesn’t yet accept eWallets or other prominent payment methods like prepaid cards. This could be a factor that puts off some potential users who find themselves tempted to try their hand at the Spreadex odds offered, but prefer more anonymity when playing.
Frequently Asked Questions about Spreadex
We always seek to provide you with the most up-to-date and comprehensive information in all of our reviews. Nevertheless, there is always the chance that you may still have unanswered questions. Should this be the case, please feel free to send all queries to info@bestbettingsites.com and we will do our best to help. Below are some of the most commonly asked questions as asked by our readers.
🔐 Is Spreadex safe to use?
Yes, Spreadex is incredibly safe and trustworthy to bet real money with. Being a huge part of the UK’s market since 1999 has meant that players have trusted Spreadex with their money for over two decades. They are also regulated by the famously strict UK Gambling Commission and must operate within their rigorous standards to retain their gambling licence.
💵 What is the minimum bet that I can make?
The individual minimum betting stake that you can place will vary slightly as Spreadex betting offers a wide range of sports markets for players to gamble with. For instance, many of the markets start with a minimum stake size of 1p, whilst others such as the Total Goals football spread bets start from 15p. Fortunately, you can check the minimum stake size for each sports betting market on betting slips before placing any wagers.
📺 Does Spreadex offer live streaming?
Yes, when you open an account with Spreadex you become eligible to enjoy a wide array of live streaming options. After making an account, you must also place a minimum bet on the event you plan on watching to benefit from this feature. Live streaming can also be enjoyed from your desktop or mobile, thanks to the intuitive design of the Spreadex site.
💻 Does Spreadex offer high-quality customer service?
Yes, as we mentioned earlier, the customer service options are renowned across the industry as quite outstanding and have even earned multiple awards in previous years. Currently, they offer a 24/7 support function where players can be assisted by their friendly team through telephone, social media, or via email at sports@spreadex.com
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