Best Sports Spread Betting Sites in the UK – Top Guide for 2024

2 August 2024

Ryan Samuel

Ryan Samuel

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Ryan is a freelance writer who specialises in the world of sports and iGaming, producing engaging and accurate content for online publications, including news articles, reviews, press releases and social media marketing.

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Michael Lee

Michael Lee

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Michael has worked in the sports betting industry for many years. Following football, horse racing and track and field athletics, he has covered the last three Olympic Games, World Cups and other major sporting events.

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Offering an alternative to traditional sports wagering, sports spread betting is increasingly popular. While the number of sports spread betting sites is limited in the UK, the bookmakers discussed on this page are well worth checking out. Punters are effectively betting on whether potential outcomes will come in at above or below the “spread”. The best sports spread betting sites cover a large number of events, with promotions and additional features also being on offer.

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Spreadex

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• Unique spread betting service
• Competitive odds
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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.

Sporting Index

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• Sports spread betting and fixed odds betting under one roof
• Hugely experienced bookie
• Compact mobile app and browser sites

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New UK & Eire clients only. 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. A first free £10 fixed odds bet will be credited upon settlement of the qualifying bet; the second free £10 fixed odds bets will be added to your account on the following day. Free bets must be claimed within 28 days of opening and is not included in any winnings. Ts & Cs Apply. 18+ begambleaware.org

Top Sports Spread Betting Sites in 2024

1. SpreadEx – Best known sports spread betting operator in the UK
2. Sporting Index – Sports spread betting tips and guides

Best Sports Spread Betting Sites Reviewed 2024

Sports spread betting has gone from strength to strength over recent years. While there have been no new sports spread betting sites introduced, punters can still select from a few established online bookmakers. Below, we take a closer look at the best sports spread betting websites, including available markets, promotions and features:

1. SpreadEx: Leading Sports Spread Betting Site in the UK – Bet £25 Get £50 in Free Bets

SpreadEx was founded back in 1999. Originally operating only for financial trading, it was not until 2006 that the SpreadEx sportsbook went live. While also offering fixed odds wagering, SpreadEx took little time in becoming the UK’s leading spread betting site. Here, bets can be placed on everything from football and horse racing to eSports and table tennis.

The bookie has developed an efficient mobile app, available on iOS and Android devices. Meanwhile, punters signing up can also take advantage of a live streaming service. With £50 in free bets being available to new customers too, there are plenty of selling points at SpreadEx. Below are the main pros and cons:

2. Sporting Index: Large Number of Spread Betting Sports Markets – 50% Cashback on Net Losses up to £500

Dating back to 1992, Sporting Index is a specialist spread betting operator. Sporting Index is likely to appeal to beginners in particular. This is due to the sports spread betting tips and guides on offer. Meanwhile, pre-match and in-play spread betting markets are on offer, with odds being competitive throughout. Football, horse racing, cricket, tennis and golf are some of the 20+ sports covered.

An appealing new customer offer is available, along with traditional fixed odds markets. Spread betting markets are accessible via desktop and mobile, with the Sporting Index app being downloadable on iOS and Android devices. New ongoing promotions are added daily too, including Premier League totals and “Action Accas”.

What is Sports Spread Betting?

When it comes to spread betting, punters are rewarded based on how accurate their bets are. Available on a host of sports, bets are placed on whether the outcome will be above or below the spread. This differs from fixed odds betting, where it is either win or lose. Outcomes include match and race winners, as well as more detailed incidents, including totals, winning margin and first scorer. Spread betting has grown significantly over the last decade. When it comes to sports spread betting explained, it is important to look at some examples:

Example 1: Sell a spread bet on the total goals between Manchester City and Arsenal being between 2.8-3.0. If the number of goals is less than the spread, your bet will win.

Example 2: Placing a “Buy” bet on the total runs in a cricket match between England and South Africa if you think that more than the 350 runs spread will be scored.

Best Sports Spread Betting Sites Compared

Sports spread betting sites in 2024 appear very similar at a glance. However, a deep dive shows that they differ in certain ways. The table below shows exactly which features are available with our recommended bookies:

Site Feature	Speadex	Sporting Index
Spread Sports Betting
Fixed Odds Betting
In-Play Betting
Financial Trading
Betting App
Live Streams
Bet Builder
New Customer Offers
Casino Platforms
Results Services

How We Rank Sports Spread Betting Sites

While sports spread betting sites UK are hard to come by, it is worth noting that we still only recommend high-performing bookies. Below are the factors that we consider when ranking sports spread betting sites bookmakers:

Popular Sports Spread Betting Markets in 2024

The number of sports covered on spread betting sites has increased significantly over recent years. However, there are some sports that attract more interest from punters than others. Below, we take a closer look at the standout spread betting sports:

Sports Spread Betting on Horse Racing

Horse races from the UK & Ireland, as well as other countries, are found on spread betting sites. It is not only the Grand National and Cheltenham Gold Cup that feature. Buy and sell bets can be placed on the winning margin and head to head. Selling a horse racing bet will be familiar to those with experience on a betting exchange.

Football Spread Betting in 2024

Thanks to the number of available markets, spread betting platforms are often among the best-rated football betting sites. Buy and sell bets can be placed on total goals and corners, as well as first goalscorer, shirt numbers and assist minutes.

Spread Betting on Rugby

Both rugby Union and League markets are found on spread betting sites too. Whether it be the Gallagher Premiership, French Top 14 or  6 Nations spread betting, there is no shortage of options for punters. Total points, tryscorer shirts, total try minutes and bookings are among the most popular markets to look out for.

Cricket Spread Betting

Similarly, Test, One-Day and T20 matches are also available to place spread bets on. Total and team runs are the most common markets here, along with match winner. On our top ranked sites, it is also possible to bet on players scoring above or below a specific number of runs.

Top Sports Spread Betting Site Offers in 2024

Betting offers are available to both new and existing customers at spread betting sites. Offers make buying and selling bets more appealing. Whether it be a free bet or cashback offer, promotions are certain to come with terms and conditions. Some T&Cs are more realistic than others. So, be sure to read the small print before signing up and registering.

We have already outlined the welcome offers awaiting punters at our recommended spread betting sites. Meanwhile, the following are the standout ongoing promos that are worth taking advantage of:

SpreadEx 1st Scorer Insurance – If your football 1st goalscorer does not score first, but does score the last goal of the match, your stake will be refunded as a free bet.

Sporting Index Refer & Earn – Introduce a friend to Sporting Index and you will both receive a £25 free bet.

Pros and Cons of Sports Spread Betting

Like any form of gambling, sports spread betting comes with both benefits and limitations. With our vast experience in the industry, we are in a strong position to list the following pros and cons of spread betting:

Best Sports Spread Betting Tips in 2024

For those new to sports spread betting, it is worthwhile taking on board as much expert advice as possible. Sports spread betting tipsters offer regular predictions. Meanwhile, the following are our expert tips to consider before wagering:

Sports Spread Betting vs Traditional Betting

Traditional betting is generally considered to be fixed odds wagering. Here, potential winnings are just that – fixed. However, with spread betting, both winnings and losses can grow, depending on the accuracy of your bet.

However, spread betting is not as extensive in terms of sports coverage. For example, on spread betting sites, around 20 sports are likely to be found. Meanwhile, on traditional betting sites, up to 40 different sports can be covered.

Understanding Spread Betting Prices

You should not have a clearer understanding of how spread betting works surrounding sports. However, you may still be wondering how sports spread betting calculations occur. Spread betting, whether it be buying or selling, differs greatly from fixed odds markets. It is important to note that you could actually lose more than your stake if you make an inaccurate prediction.

For example, if you place a bet on a small number of goals to be scored during a football match, the losses will increase with each shot that finds the back of the net. Meanwhile, you will also pay out more than your initial stake if the reverse occurs. As such, punters must consider the risks involved with spread betting, as well as the potential rewards.

Is Sports Spread Betting Legal in the UK?

As with fixed odds betting, spread betting is completely legal in the UK. However, bookies offering spread bets must be licensed by the Gambling Commission. This is the case with our recommended sites. Meanwhile, SpreadEx is also regulated by the Financial Conduct Authority (FCA), due to the fact that the operator offers financial trading.

Sports Spread Betting Terminology Explained

If you are new to sports spread betting, there are some terms that you are likely to be unfamiliar with. Below is a breakdown of the most common terms surrounding this type of betting:

• Buy – A bet where you believe the result will be higher than the spread. 
• Sell – When you predict a sports market finishing lower than the spread. 
• Closing – The process of ending an existing bet. 
• Make-Up – The final result of a spread bet in a sports market. Used to settle spread bets.
• Match Bet – A sports bet where punters can get for or against either teams/players.
• Spread – The difference between the buying and selling price.

How to Place a Spread Bet Online

Luckily for punters, sports spread betting sites today make it quick and easy to place bets. However, it is important to have an understanding of what is involved before getting started. Below is a step by step guide surrounding how to place a spread bet online:

Step 1: Choose Between Sports Spread Betting Bookies

While the list of sports spread betting sites is not extensive, it is still important to pick the right bookie. Weigh up the list of pros and cons, as well as available sports, markets, odds, features and promotions. Spend a few minutes browsing the sites too, considering usability and speed.

Step 2: Register an Account

Having selected your chosen bookie, enter the site in question, using a desktop platform ideally. However, the sign-up process can be completed on mobile. Click on the “JOIN” button, located in the top-right hand corner of the page. Complete the registration form by entering your full name, email address, country of residence and nationality.

New customers must also create a username and password at this stage. Opt in to receive promotions and accept the bookie’s terms and conditions. Complete this step by clicking on the “CONTINUE” button. Verify your account via the link found inside your welcome email.

Step 3: Deposit Funds

Login to your account using your username and password. Access the cashier page, before selecting the “DEPOSIT” opinion. Select your chosen payment method, before entering the deposit amount. Enter your payment details, whether it be a bank card, e-wallet or another option. Confirm the payment and wait a few seconds for funds to reach your account.

Step 4: Browse Markets

Look at available markets, focusing on sports that you have a good knowledge of. Consider the odds on offer, adding selections to your bet slip as you wish. Be sure to carry out research on potential picks.

Step 5: Confirm Bet

On your bet slip, located on the right-hand side of the page, view available bet types. When ready, enter your stake and click on the “PLACE BETS”  button. Track the progress of your bet.

Final Word on Sports Spread Betting Websites

You should now have a much better understanding as to how sports spread betting sites work. Offering an appealing alternative to fixed odds betting, both SpreadEx and Sporting Index have vast experience within the industry. While there is a distinct lack of sports spread betting bookies, the operators discussed on this page mean that this is not a big deal. Whether you follow football, horse racing, rugby, cricket or another sport, take a look at our recommended betting sites today. Be sure to claim your welcome offer when signing up too!

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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.

Sports Spread Betting Sites UK FAQs

Ryan Samuel

Betting Expert

Ryan Samuel

Betting Expert

Ryan is a freelance writer who specialises in the world of sports and iGaming, producing engaging and accurate content for online publications, including news articles, reviews, press releases and social media marketing.

All posts by Ryan Samuel