As the name suggests, Spreadex are a company who were originally formed to offer spread betting to customers. As opposed to fixed-odds betting, this form of wagering is more volatile and involves a higher-risk approach to football matches by betting on markets such as Supremacy, Total Goals or even Player Goal Minutes. However, Spreadex have more recently created a fixed-odds betting operation which is growing quickly.

When it comes to the fixed-odds betting and casino at Spreadex, they are regulated by the UK Gambling commission. Having an account also means you can place spread bets although we recommend you fully understand this form of online wagering before going ahead with it. The spread betting arm is regulated by the Financial Conduct Authority and this is a long-established sports betting operator who are highly reputable.

Those customers who open a new Spreadex betting account can enjoy £30 in free bets when they bet £10 to get them started. Simply join and place a £10 fixed odds bet at odds of 1/2 or greater. Once the bet is settled, you get a £10 free fixed odds bet plus a £5 free total goals football spread bet.

The second £10 free fixed odds bet and second £5 free total goals football spread bet will be credited 24 hours later. Free bet stakes not included in any winnings from the free fixed odds bets. You need to open a full sports spread betting account to use the two x £5 free total goals football spread bets. Free bets expire in 28 days if unused.

Join and place a £10 fixed odds bet at odds of 1/2 or greater. Once the bet is settled, get a £10 free fixed odds bet plus a £5 free Total Goals football spread bet. The second £10 free fixed odds bet and second £5 free Total Goals football spread bet will be credited 24 hours later. Free bet stakes not included in any winnings from the free fixed odds bets. You need to open a full sports spread betting account to use the 2 x £5 free Total Goals football spread bets. Free bets expire in 28 days if unused. Promotions available to 18+ aged individuals who are registered customers of Spreadex. 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. T&C's Apply.

How to Claim Your Spreadex Free Bet

It’s important to try and claim a sports welcome bonus to get you started with an online bookmaker and Spreadex have a nice simple free bet offer which can be enjoyed by anyone who opens a new betting account.

How to Claim £30 in Free Sports Bets

Simply place a £10 fixed odds bet at odds of 1/2 or greater. Once the bet is settled, you get a £10 free fixed odds bet plus a £5 free total goals football spread bet.

The second £10 free fixed odds bet and second £5 free total goals football spread bet will be credited 24 hours later. Free bet stakes not included in any winnings from the free fixed odds bets. You need to open a full sports spread betting account to use the two x £5 free total goals football spread bets. Free bets expire in 28 days if unused.

Spreadex Bonus Terms & Conditions

When you place your initial qualifying bet, it’s important that this is placed at odds of 1/2 (1.50) or greater. Customers should also note that the qualifying bet can’t be placed In-Play and you will not qualify for any free bets if you decide to cash out your wager early. Therefore, place a bet and wait for it to be settled. The first free bet comes on the day that the bet is settled.

Other Offers & Promotions from Spreadex

For those customers wanting to try their hand at spread betting with Spreadex, there’s the opportunity to enjoy a very generous new customer offer although this is a different type of wagering to fixed-odds and you should be prepared when it comes to the risk associated. It is possible to set a stop loss when it comes to certain bets so you know the maximum that can be lost in a worst case scenario.

At present, Spreadex are offering customers the chance to land either £300 in cashback or alternatively an iPad 10.2 inch Wi Fi 32GB during your first 28 days with Spreadex. You need to place sports qualifying bets of at least £300 and then choose between the cash or the iPad. A lower amount staked during this time would still make you eligible for cashback.

Why You Should Bet with Spreadex

There are not many online bookmakers where you can enjoy the choice between fixed-odds and spread betting, although these type of markets sit side-by-side at Spreadex. The bottom line is that the majority of punters will prefer the more straightforward fixed-odds betting and there’s a brilliant array of sports and events which are covered on a frequent basis.

The £30 worth of free bets at Spreadex is a fantastic treat and is a great way to enjoy this bonus. There are lots of added extras with this bookmaker including football stats and a betting blog where you can get the latest information in your quest to strike some winning bets.

Spreadex have been established for over twenty years and they began by offering financial spread betting before branching out into sports spread betting. More recently, they have started to provide fixed-odds punting opportunities and they have a huge team of traders who are able to price up a host of betting markets when it comes to all the leading sporting events.

There’s an opportunity to claim £30 worth of free bets to get you started and there’s also the chance to try your hand at spread betting through the same betting account and claim a massive bonus.

Football Betting at Spreadex

Spreadex use their own trading platform to provide fixed-odds betting markets and it’s interesting to see these prices sitting alongside the spread markets for the same sporting events. If you’re betting on a Premier League football match, you can choose between Spread Betting and Fixed Odds and the latter is probably the first port of call.

The football odds are generally competitive and you’ll find all the usual football betting markets for a particular match including Match Odds, Over/Under Goals, Total Corners, Total Booking Points, Correct Score, Half-Time Full-Time and Both Teams to Score. The odds are all neatly laid out and there’s easy navigation through to football betting coupons.

It’s also nice to see Spreadex offering customers the chance to create their own Bet Builder so you can essentially have your own personalised wager and there’s the option to pull betting options that relate to the same football match and have a same-game multiple bet when it comes to a football match. There is also something called NameIt where customers have requested a price about a particular selection.

You can find between 250-300 betting markets when it comes to leading football matches from divisions such as Premier League, German Bundesliga, Spanish La Liga, Italian Serie A, French Ligue 1, UEFA Champions League and UEFA Europa League. There are also football betting coupons for each division so you can put together an accumulator on a particular league or for a particular day.

We’re delighted to see that Spreadex have lots of added in features to help football punters and that includes various forms of Cash Out. Not only can you cash out your football bets when it comes to the majority of betting markets but you can also enjoy Partial Cash Out and even Auto Cash Out. The former involves taking some of your cash from a bet before it’s settled, while Auto Cash Out is where you set a particular amount of money you want to win from a wager.

Join and place a £10 fixed odds bet at odds of 1/2 or greater. Once the bet is settled, get a £10 free fixed odds bet plus a £5 free Total Goals football spread bet. The second £10 free fixed odds bet and second £5 free Total Goals football spread bet will be credited 24 hours later. Free bet stakes not included in any winnings from the free fixed odds bets. You need to open a full sports spread betting account to use the 2 x £5 free Total Goals football spread bets. Free bets expire in 28 days if unused. Promotions available to 18+ aged individuals who are registered customers of Spreadex. 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. T&C's Apply.

Other Sports and Markets

Spreadex is heavily UK and Ireland-focused and that certainly extends to horse racing where you will find all the race meetings being priced up throughout a calendar year. There are even the Timeform ratings and a short preview for each race, with the traders pricing up each race independently and you have the choice whether to take the available price about a selection or alternatively select the Starting Price.

Beyond football and horse racing, it’s clear that Spreadex give special attention to golf and tennis, with all the major competitions receiving in-depth coverage and it’s clear that this operator has a trading team who know how to create betting markets for these sports. On the golf front, this means every big PGA and European Tour event being covered and there’s regularly the chance to bet on daily three-balls as well as the tournament odds.

On the tennis front, the coupons for the ATP and WTA events are made available and we like the way that nearly always bet In-Play on a tennis match that is taking place somewhere in the world. There are several tennis coupons always available and there is even live streaming opportunities that Spreadex can provide for their customers.

Spreadex Deposits and Withdrawals

Due to the fact that Spreadex are primarily a sports spread betting firm and that you can use your Spreadex betting account to place a combination of spread and fixed-odds bets, it means that the number of payment methods are restricted to a handful. Spreadex are highly regulated and it means that they can’t cast the net wide in terms of offering multiple e-wallet solutions like other firms.

However, this UK operator do allow customers to make a deposit using a debit card. The current debit card options include Maestro, Visa Debit, Visa Delta, Solo, Electron, Debit Mastercard, while there are also Mastercard options in the form of Visa and Mastercard. The minimum payment is £10 when you make a deposit and the same applies to a withdrawal, although please note that you need to bet at least £25 in order to secure the maximum bonus.

The other alternative payment methods include bank transfer and cheque. With regard to the former, it can take up to four days to clear and we recommend that a debit card is probably the quickest way to fund your account. When making a withdrawal, you should expect to receive funds within 3-5 working days.

Betting Features

We really like the sports betting blog at Spreadex where you can read a number of interesting previews relating to upcoming sporting events. Sometimes these are geared more towards spread betting markets although there are also fixed-odds betting options where customers can hopefully use the data available to land an edge over the bookies. There’s also the chance to look at sports data such as the league tables and the latest form guides.

Spreadex have an impressive sports betting interface and it’s fantastic from a trading perspective, whether that’s for simply choosing the Cash Out option that appeals to you most on the fixed-odds betting front or alternatively going for a spread bet and then deciding when to potentially close out your bet for a profit.

In-Play Betting

We’re really impressed by the range of In-Play betting options available at Spreadex whenever you visit this sports betting website. On the left-hand side of the website, you will see the various sports that are currently being covered In-Play and you can see the odds updating in real time according to the betting option which you have chosen. You can choose from the most popular In-Play events or alternatively go for sports options such as football and tennis.

Indeed, football and tennis are the mainstay sports when it comes to live In-Play sports betting, although golf, horse racing, esports, darts, snooker, cricket, rugby union and rugby league regularly make an appearance. It’s clearly a goal for Spreadex to always have a strong level of cover when it comes to the In-Play betting section.

Join and place a £10 fixed odds bet at odds of 1/2 or greater. Once the bet is settled, get a £10 free fixed odds bet plus a £5 free Total Goals football spread bet. The second £10 free fixed odds bet and second £5 free Total Goals football spread bet will be credited 24 hours later. Free bet stakes not included in any winnings from the free fixed odds bets. You need to open a full sports spread betting account to use the 2 x £5 free Total Goals football spread bets. Free bets expire in 28 days if unused. Promotions available to 18+ aged individuals who are registered customers of Spreadex. 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. T&C's Apply.

User Experience at Spreadex

It’s a real feat of technical expertise to not only create a sports spread betting platform but to actually successfully integrate fixed-odds betting into the same system. The fact that spread betting and fixed-odds are available through the same betting account is also a tremendous plus and there’s the option to use a filter so that you only see the fixed odds betting options should spreads be of little interest.

It’s super-easy to open a betting account with Spreadex and they have an excellent betting interface whether you are playing through desktop or mobile. The websites are neatly structured and the menus are constructed so that you can find your bet quickly and easily. There is even a Spreadex Sports Betting mobile app which can be downloaded for ease of use and it’s easy to perform all the usual tasks such as bet placement, In-Play wagering and Cash Out.

Promotions at Spreadex

From a fixed-odds point-of-view, there isn’t a huge amount in the way of promotions beyond the new customer offer. It would be nice to potentially see some enhanced odds or money back offer, although for the time being, the only promotion of note is the welcome bonus and £25 worth of free bets. There is also a chance to access the latest stats and blog, although it would be nice to see more promotions added.

However, we really like the fact that Live Streaming is now part of the package at Spreadex, with the operator having now started to form deals with online rights providers when it comes to sporting events. Having the chance to watch a football game or tennis match through your account is a massive benefit.

Customer Support

There is the option to either give the customer service team a call on a UK number or alternatively send an email to that department and you’ll find that you get a timely response within a couple of hours. The team at Spreadex are very knowledgeable when it comes to any betting issue you might encounter and there is also plenty of useful information on the website which means you might be able to troubleshoot your own problem.

Responsible Gambling Features

Spreadex clearly take responsible gambling very seriously. When it comes to Fixed Odds betting, customers are betting with an operator who is regulated by the UK Gambling Commission and that means that Spreadex have to adhere to the strictest regulations when it comes to making sure that customers are always betting within their means.

When you sign up with Spreadex, there’s an opportunity to set deposit limits which can be done on a daily, weekly or monthly basis. You will also be contacted by this sports betting site if you start betting a higher-than-average stake and there is also the chance to have cooling off periods where you don’t place a bet for a certain amount of time.

There is a whole section of the Spreadex website devoted to Responsible Gambling and this includes Timeouts and Self Exclusion, with customers able to take a number of measures if they feel as though their online sports betting is getting out of control.

Our Verdict

We really like Spreadex and it’s great to see this brand spread their wings and offer a fixed-odds betting product which is going to have broader mass appeal than the spread betting arm. While some customers would prefer more distinction between the spread and fixed-odds products, others will like the fact that you have both options on the table and that means different and exciting ways to bet.

Whether you are betting with Spreadex through desktop, mobile or app, you can be sure of an entertaining experience and there should be no problems finding your sports betting market and then betting on the odds that are available. There are In-Play markets galore and we like the fact that they have also added Live Streaming to the site.