Spreadex offers sports spread, fixed odds betting, and financial spread betting, making it unique. It is a well-known online betting platform in the UK. This Spreadex review covers its markets, bonuses, payment methods, and the availability of a Spreadex sports betting app.
SpreadEx launched in 1999, having been founded by Jonathan Hufford, an ex-city dealer. The SpreadEx sportsbook went live in May 2006, with only spread betting markets being available to begin with. However, four years later, SpreadEx sports betting fixed odds markets were introduced.
Now based in St. Albans, England, SpreadEx is regulated by the FCA and Gambling Commission in the UK, making it 100% legal. Meanwhile, they have also won a host of industry awards over the years, including “Best Sports Spread Betting Operator” at the 2020 EGR Operator Awards and “Best Financial Spread Betting Provider” at the City of London Wealth Management Awards in 2020.
Our SpreadEx review uncovered that the company has an excellent reputation for both innovation and customer service. We will discuss this and much more throughout the remainder of our SpreadEx Sports review. Meanwhile, a short SpreadEx casino review will look at the games, bonuses and features available to players.
As mentioned above, SpreadEx is regulated by two of the most respected authorities in the UK. The Financial Conduct Authority and Gambling Commission only offer licences to secure and reputable companies. Meanwhile, SpreadEx Sports also has an excellent reputation among past and existing punters. Is SpreadEx legit? Absolutely.
SpreadEx also takes responsible gambling seriously. The operator is associated with both GamCare and GAMSTOP, two of the leading organisations offering support to those placing bets. Meanwhile, SpreadEx sports betting customers can set deposit limits and take breaks from betting, helping to promote responsible gambling at all times.
A host of promotions are available to punters here, not only the SpreadEx Sports welcome offer. A SpreadEx Sport sign up offer is available to both spread and fixed odds customers. On top of this, SpreadEx sports betting ongoing promotions help to keep existing players satisfied. At the time of writing this SpreadEx review, the welcome offer available to fixed odds punters was worth a £50 bonus.
In order to qualify, simply create a new account, before placing a fixed odds bet of at least £25, at odds of 1/2 or greater. Upon your qualifying bet settling, you will receive 5 x £5 free fixed odds bets, 4 x free £5 spread bets + 50 free spins on Starburst. There are no strict terms and conditions to worry about. However, it is important to note that your SpreadEx Sports bonus will not be available to withdraw. Instead, only winnings made from free bets will be withdrawable.
The table below provides a breakdown of the SpreadEx betting welcome offers, as well as select other promotions.
Spreadex Sports offer | Offer description | Wager requirement | Min qualify
odds |
Offer
expiry |
Min
deposit |
SpreadEx Sports Welcome Offer – Fixed Odds | Get £50 in bonuses | n/a | 1/2 | 28 days | £25 |
SpreadEx Sports Welcome Offer – Spreads | 2 free £5 spread bets + up to £300 cashback | n/a | 1/2 | 28 days | £10 |
SpreadEx Sports – First Scorer Insurance | Up to £25 free bet | n/a | – | n/a | n/a |
Any SpreadEx review worth its weight in goals must cover a variety of areas. Before signing up, punters will want to know exactly what is on offer on the SpreadEx sportsbook. Our SpreadEx Sports review will discuss everything from sports covered and odds to in-play betting and customer service. So, let’s dive right in, starting with which sports are available on Spreadex.com Sports:
There are plenty of daily in-play markets at SpreadEx too. Punters can filter markets by sport, league and time, with detailed, simple and tiled views being available to choose between. SpreadEx also displays the television channels where you can watch events, as well as when live streaming is available. Odds are updated almost by the second, based on what is taking place on the pitch, court or track. Football, tennis, cricket, basketball and eSports feature heavily when it comes to live betting. Both fixed odds and spread betting in-play betting options are found, with excellent odds being on offer too.
Live streaming is very much available at SpreadEx. Football, horse racing and tennis events are streamed daily from around the world, along with other sports. This feature was only added in 2021, upon SpreadEx forming a partnership with broadcaster Eurosport. While you will not be able to watch football matches from the Premier League or tennis matches from Wimbledon, a large number of events are still covered. Ensure that you have a funded sportsbook account in order to access streams.
24/7 customer service is available at SpreadEx. Punters can communicate with members of staff via telephone, email and live chat. It is the latter that is the most efficient, while SpreadEx is also active on Instagram, Twitter and YouTube. SpreadEx’s contact details are listed below:
Unfortunately, just a small number of payment methods are available to those signing up at SpreadEx. For those in the UK, it is Visa, Mastercard and bank transfer that can be used. Deposits are instant, while withdrawals take between 1-5 days. Meanwhile, there are no processing fees to worry about.
Odds at SpreadEx are certainly competitive. While better prices can often be found on other sportsbooks, those signing up at SpreadEx will not be let down by the odds on offer. SpreadEx has very few competitors, especially when it comes to spread betting. Odds are most attractive when it comes to in-play markets. As such, those with an expert sporting knowledge can find value on a regular basis.
Just over 20 different sports are available at SpreadEx. While this is not as many as other online bookies, it will still meet the needs of most punters. As you would expect, football, horse racing, tennis and cricket feature heavily. Meanwhile, American football, basketball including NBA betting, eSports, golf, motor racing and more can be bet on too.
Pre-match, in-play and outright markets are available, with virtual sports games also getting underway every few minutes. Bets can even be placed on political events, such as the US Presidential election. The complete list of SpreadEx sports can be found below:
When looking to take advantage of the SpreadEx welcome offer, it is worth noting that there is no need to enter a promo code. Instead, simply opt in to receive promotions at the time of registering an account. Then, place a qualifying bet, ensuring that you consider the SpreadEx sign up offer terms and conditions. Should a SpreadEx Sports promo code be introduced in the future, we will update this content.
Part of the appeal of SpreadEx is just how easy it is to get started with. Whether you are looking to place fixed odds or spread bets, signing up takes a matter of minutes. Below is a step-by-step guide for getting started at SpreadEx Sports UK:
Enter the SpreadEx website via desktop or mobile. Alternatively, download the SpreadEx Sports app. Spend a few minutes familiarising yourself with the layout.
Click/tap on the “JOIN” button. Complete the registration form by providing the necessary personal details. Newcomers must also create a unique username at this point, as well as a memorable password. Opt in to receive promotions and accept the bookie’s terms and conditions.
After confirming your new account, click on the verification link found inside your welcome email. This is why it is important to provide an active email address.
Login to your account using your username and password. Deposit money using your preferred payment method. You are now ready to place fixed odds or spread bets.
While the SpreadEx sports betting site is fully functional when accessed via mobile browsers, it is the SpreadEx sports app that is the most efficient option. Available to download for free on iOS and Android devices, the app is significantly quicker and easier to use.
With Face/Touch ID login, bet builders, live streaming and pre-match statistics, the app rightly has a rating of 4.7 on the App Store and 4.0 on Google Play. Like all betting apps, the SpreadEx sports app requires regular updating. However, you will certainly not be disappointed after downloading it, as it will save you time and effort in the long run.
The SpreadEx Sports welcome offer is well worth taking advantage of. For fixed odds account holders, £50 worth of bonuses are up for grabs. The process involved is relatively simple too. Below is a step-by-step guide for claiming your SpreadEx Sports bonus:
Enter the SpreadEx sports betting site via desktop or mobile. We recommend using a desktop to sign up where possible. Click on the “JOIN” button, located in the top-right hand corner of the page. Complete the registration form by entering your personal details, including full name, email address, country of residence and nationality. You must also create a username and password at this stage too. Complete step 1 by opting in to receive promotions, before accepting the SpreadEx terms and conditions and clicking on the “CONTINUE” button.
Login to your account using your username and password, before accessing the “Banking” page. Select your preferred payment method and enter the value. Enter your payment details, before confirming the transfer. Remember that you must deposit at least £25 in order to qualify for the SpreadEx Sports sign up offer. Wait a few seconds for the money to clear.
Browse SpreadEx Sports UK betting markets, focusing on sports that you have a good understanding of. Place a fixed odds bet of at least £25, at odds of 1/2 or greater, within 28 days of registering.
Whether this bet wins or loses, you will receive 5x £5 free fixed odds bets + 2x £5 free Total Goals spread bets + 50 free spins on Starburst. The first £5 free bet is delivered on the first day, with one £5 free bet delivered on consecutive days. Not bad!
Free bets can be used on any SpreadEx sportsbook market. There are no minimum odds to worry about. Of course, the 50 free spins must be used on the Starburst slot, found on the SpreadEx Casino.
One of the few areas of our SpreadEx Sports review 2022 in which the operator does not score so well is banking. Just a few payment methods are available, with popular e-wallets, prepaid cards and cryptocurrencies being absent.
As a result, most punters in the UK will use a debit card, with credit cards having been banned for gambling purposes since 2021. The table below shows the payment methods awaiting customers, with the SpreadEx Sports withdrawal time sitting at between 1-5 days:
Banking Method | Fees | Min Deposit | Min Withdraw | Withdraw times |
Visa/Switch/Maestro | None | £10 | £10 | 2-5 days |
Bank Transfer | None | £10 | £10 | 2-5 days |
Cheque | None | £10 | £10 | 2-5 days |
Direct Debit | None | £10 | £10 | 2-5 days |
SpreadEx features 24/7 support. There is a SpreadEx Sports customer service number, one for general enquiries and one for the sports desk. Members of staff are also on standby via email and live chat. Messages sent to [email protected] are responded to within 48 hours. Meanwhile, agents become active via live chat in under 30 seconds in most cases.
Like many online bookies today, SpreadEx is also active on social media. YouTube, Twitter, LinkedIn and Instagram offer alternative methods of communication. The SpreadEx Sports website also features helpful guides, surrounding spread betting and other important topics.
Like any betting site, SpreadEx Sports comes with both pros and cons. Our SpreadEx review has enabled us to be in the best possible position to deliver the operator’s main strengths and weaknesses, listed below:
A SpreadEx casino review will complete things. The casino features hundreds of slots, as well as video and live dealer Roulette and Blackjack. Baccarat, Poker, Dream Catcher and Sic Bo variants are also found. Games come from top software providers, including NetEnt and Red Tiger Gaming. Unfortunately, there appear to be no casino promotions to speak of, including welcome offers. However, the SpreadEx casino is certainly easy to use on desktop and mobile.
There are plenty of reasons as to why SpreadEx is rated as one of the UK’s leading sports betting sites. With both fixed odds and spread betting options, as well as financial trading, SpreadEx has a fantastic reputation. It is completely justified too, with the operator performing well in most areas.
Perhaps the number of payment methods and small number of ongoing promotions are the only real limitations to speak of. However, we enjoyed taking advantage of features including live streaming, cash out and virtual sports. With a £50 SpreadEx Sports bonus being available when signing up too, be sure to check out SpreadEx sportsbook for yourself.
Here's a quick roundup of the best UK bookmakers in 2024. Ranked by players, delivered by experts.
Spreadex Verified User Reviews
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“Love This Site”
Probably the best bookie I've played at but none of my mates even heard of them.
“in-play is better than anywhere else”
solid acca boosts offering, football frenzy with sweet odds. In-play is a winner. Shame doesn't support apple pay
“Love This Site”
Probably the best bookie I've played at but none of my mates even heard of them.
“in-play is better than anywhere else”
solid acca boosts offering, football frenzy with sweet odds. In-play is a winner. Shame doesn't support apple pay