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SPREADEX REVIEW 2021 - BOOKMAKER RATING & SIGN UP BONUS

OUR OPINIONS ABOUT SPREADEX

  • Fixed odds and spread betting
  • Multiple cash out options
  • 1000s of exciting markets

Online-Betting Rating:

Spreadex has vast experience in the industry, having been established in 1999. For this Spreadex review, we are looking through the different aspects of their services.

Along with Fixed Odds sports betting, Spreadex also offers Spread Betting for punters, plus Financial Trading.

Our goal is to give punters a good overview of what can be found at Spreadex from both angles of fixed odds and spread betting.

So we will be looking through the sportsbooks for this Spreadex review while assessing things like odds value, ease of operation and overall variety of markets.

Looking a little deeper into Spreadex, we will look at some of the extra features they have, like a bet builder and cash out options, and examine the all-important aspects of account management like deposits and withdrawals.

Spreadex is fully regulated by the FCA and Gambling Commission and has been an award-winning site, recognised by the likes of the EGR Operator Awards.

Our Spreadex Review Rating:

Betting markets & odds quality: 9/10
Sign Up Bonus 8/10
In-Play Betting: 9/10
Extras & Features: 8/10
Payment Options: 7/10
User-friendliness of website: 9/10
Mobile App: 9/10
Customer Service: 8/10
Total Score: 9/10

Visit Spreadex

Spreadex Betting markets and odds quality 9/10

markets

This Spreadex review begins with an overview of the different types of betting that they have available for sports wagering.

That is, after all, a big focal point of the Spreadex services.

The operator provides both Fixed Odds and Spread Betting that you can open an account with.

As it stands Spread odds is the only operator available in online sports betting that offers the two types of sports betting (fixed odds and spread betting).

There is a standard sportsbook for the fixed odds side of things on the website. You can just click around, looking at the odds in decimal or fractional. Those are traditional odds that do involve the bookmaker margin.

Or you can change the view right on the same page to look at the Spread Betting.

Later in this Spreadex sportsbook review, we will take a deeper look at what spread betting is and how it operates.

But a basic example is selecting a Football Total Goals 2.9-3.1 spread for a fixture. A customer would buy at 3.1 if more goals were expected, or sell at 2.9 if fewer goals were expected.

The difference between the two is that in Spread Betting you are not betting on a fixed outcome.

You are betting on how a particular market is going to move. In the example above, buying at 3.1 for a £10 stake would return £10 profit for each full goal above the 3.1 purchase.

Again, further into this Spreadex review, we will look into spread betting for football a little deeper.

But the key thing to weigh up here is the variety that a customer at Spreadex has at their fingertips.

It’s very easy to switch between fixed odds and Spreadex spread betting and there are both pre-match and in-play sports betting for whichever type of wagering that you are looking at.

Navigation around the Spreadex site is fairly easy with the main sports listed in a horizontal menu across the top.

The most current in-play selections are found down the left-hand side of the screen.

Live streams are accessible through the right hand column on the Spreadex page along with the next action from horse racing.

The main action all happens in the centre of the screen when you can look at all the markets for a given event.

Selecting a Premier League fixture between Man City and Liverpool for example in Spread Betting will show popular markets, with organisation beneath in sub-menus for further options.

Just a glance at the site shows a tremendous amount of variety and the sheer number of betting opportunities that they do offer their customers.

A nice aspect of the spread betting as well is that there is plenty of information and help around explaining things.

We will look at the user-friendliness of the Spreadex website later in this booker review.

Switching between the Spread Betting and Fixed Odds options is very easy.

At the top of an event page, there is a button for each type of sports betting and a simple click will change the entire sportsbook to your preferred method.

There is a separate link at the top of the website to move to Financials betting which is another massive aspect of the Spreadex platform.

So whatever type of sports, be it horse racing, football, tennis, basketball or anything else that you could just about think of, it’s there in some capacity at Spreadex. The coverage of different sports is exemplary.



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Spreadex

Spreadex £35

  • Register an account with Spreadex
  • Place a qualifying £25 fixed odds bet
  • Get up to £35 in free bets for new accounts
    KEY T&C: 18+. Place a qualifying £25 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. A first free £5 fixed odds bet will be credited upon settlement of the qualifying bet. 4 x following £5 free fixed odds bets will be added to your account on consecutive days. After your first free fixed odds bet you will also get a free £5 Total Goals spread bet. And after your second free fixed odds bet you will also get a second free £5 Total Goals spread bet. You must have a full spread betting account to be able to claim the free Total Goals spread bets. Free bets must be claimed within 28 days of opening. Free bet stake not included in any winnings. Ts&Cs Apply. 18+ begambleaware.org

Up to £35 in free bets for new accounts at Spreadex

KEY T&C: 18+. Place a qualifying £25 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. A first free £5 fixed odds bet will be credited upon settlement of the qualifying bet. 4 x following £5 free fixed odds bets will be added to your account on consecutive days. After your first free fixed odds bet you will also get a free £5 Total Goals spread bet. And after your second free fixed odds bet you will also get a second free £5 Total Goals spread bet. You must have a full spread betting account to be able to claim the free Total Goals spread bets. Free bets must be claimed within 28 days of opening. Free bet stake not included in any winnings. Ts&Cs Apply. 18+ begambleaware.org

Spreadex Football Betting Review

The Football section of the Spreadex sportsbook can be directly accessed through a menu across the top of the page.

From there the section can be filtered into different sections like UK, International, European, TV and more. That just helps nicely with navigation.

But just landing on the main Spreadex football betting section there is always a long list of matches anyway, so the likelihood is that unless you are looking for something more obscure, that a match will be listed there.

Things are well organised, for example, you can skip to sections for the Premier League, French Ligue 1, Championship, La Liga and so on. It doesn’t take a lot to find just what you are looking for.

One notable thing right off the top is just how many markets are available. For this Spreadex review, we took a look at some Premier League matches from England.

There were more than 270 betting options available on each of the fixtures listed for the weekend’s round of action. Some had an even higher minimum.

Another good aspect of the Spreadex football sections is that the coupon shows where matches can be watched, what time and date is kick-off and there are direct links to statistics for each game as well.

It’s extremely comprehensive and you can also filter the main coupon markets to see Over/Under 2.5 Goals, Both Teams To Score, Half Time Results and so on for all matches across the coupon.

Accessibility and user-friendliness are fantastic. For an individual game that is selected, there are basic statistics provided right on the page for that given match.

Markets can be filtered by different types (such as Corners & Cards, Goals or Halves) to make things manageable because of the sheer volume of bets that Spreadex does have available for matches.

Spreadex Football Spread Betting

It is worth just taking a minute for this Spreadex review UK to take a look at the spread betting aspect.

It’s a form of betting that not all punters may be familiar with and it is quite the different beast to that of fixed odds.

But understanding spread betting can open up a wide range of betting opportunities, so for the next part of this Spreadex review, we are going to take a little at the spread betting for football.

Spread Betting is speculating on the movement of markets.

Whereas in fixed odds betting if you were to place a £10 stake at 10/11 on Over 2.5 goals on the match, it would not matter if there were three, five or eleven goals scored in the fixture, you would get paid out on that £10 stake at 10/11 odds.

But Spread Betting stacks value against the movement of the market. Buying a spread on for example 3.1 goals in a match for £10 means that if there were five goals in the match you would earn £19.

1.9 is the difference between the 3.1 spread purchased and the total number of goals that the match produced (five). So 1.9 x £10 stake returns the £19.

That’s a simple overview.

If the match produced fewer than three goals then you would lose £10 for each goal under. As with any form of betting, there is always a risk and spread betting doesn’t eliminate it.

One of the features of Spread Betting is the variety that it affords.

It is commonly found on markets like Total Points earned by a team in a Premier League season for example, or a 31-34 minute spread on the First Goal in a match.

Goals times are very popular markets when it comes to spread betting on football and there is an absolute stack of such market variety available at Spreadex.

Spreadex Racing Betting Review

There is horse racing betting at Spreadex and we are looking at that next for this bookmaker review.

The quickest way to get into it all is through the top menu. There are customisation options to view races by times and by GB & IRE races only. Or you can simply look at all races from around the world.

Spreadex does have markets from international horse racing and one big unique angle here for horse racing betting is that fixed odds and spread betting are side by side.

By that, if you look at the main horse racing page, you will see for the Next Races, that there is a Back price in fixed odds for a runner, along with the Sell & Buy option for the spread betting.

How does spread betting work in horse racing? Depending on how many runners are in a race (let’s stick with 11 or fewer) 50 points are awarded to the horse that is winning, then 25 to the runner up and 10 to the third-place finisher.

That’s the index for the race (50-25-10) and on each racecard, the index for that race will be listed.

So then a horse may be at 8 Sell and 11 Buy for that particular race and if you thought it is going to win then you would buy at the 11.

If the horse won the 50 points, then you will get paid the 39 index difference x unit stake (50 points – 11 spread purchase).

If it came home second to get just 25 points, then the difference would be 14 index difference x unit stake. If the selection finished well down the field, then units of stake would be lost.

Alternatively taking the Sell option on a horse that you didn’t think was going to win, the further down the field it finished the bigger the win from the bet.

Spreadex has superb help guides for all aspects of their fixed odds and spread betting. There is a lot to absorb with spread betting and therefore it is well worth diving into their information pages.

Just as an example of that, there is a dedicated help section for horse racing spread betting.

Horse racing spread betting at Spreadex goes well beyond just individual races.

There are spread betting opportunities on things like meetings, jockey indexes, match betting (how one horse fares against another) and a whole lot more.

Spreadex Sportsbook Summary

Overall the Spreadex sportsbook is very extensive and it gives a lot for punters to browse through.

Naturally, because you have two different formats of betting, there are extra markets and betting options available against just a regular fixed odds sportsbook.

So in terms of sportsbook variety, that is a big plus for Spreadex customers. Because there is extra there.

But even just focusing on the fixed odds sportsbook alone, the number of different available market options is just staggering.

Within all of that, there are #NameIt markets available in Spreadex sports betting as well.

These are markets that the bookmaker has matched up, basically a variety of different combinations of match events, such as a particular player to score the opening goal of a fixture while another specific player is sent off.

Spreadex #NameIt markets are available in both fixed odds and spread betting.

Horse racing coverage is excellent and that’s pushed and promoted very well from the home page, including live streams of races that are available.

The in-play part of sports betting doesn’t fall short either with the bookmaker, and we will examine the details of in-play betting in the next section of this Spreadex review.

But in summary, the Spreadex sportsbook is fantastic in the variety of bet types, markets and how you want to bet.

Information about the operations of bet types is replete throughout and all in all the sportsbook positively checks a lot of boxes.

Spreadex sign up bonus, free bets & current promotions 8/10

bonus offers

There is a Spreadex welcome bonus for new customers which is up to £35 in free bets for new accounts opened with the operator.

The free bets are paid out in increments and not all in one payment. After placing a qualifying £25 fixed odds bet at odds of 1/2 or greater, the bonus will be triggered.

When that first qualifying bet has been settled, the first free £5 fixed odds bet will be credited.

Then 4 x following £5 free fixed odds bets will be added to your account on consecutive days.

E.g. Qualifying £25 bet placed and settled on Monday. Then:

1st £5 free fixed odds bet available to use from Monday.
2nd £5 free fixed odds bet available to use from Tuesday.
3rd £5 free fixed odds bet available to use from Wednesday.
4th £5 free fixed odds bet available to use from Thursday.
5th £5 free fixed odds bet available to use from Friday.

On top of that, Spreadex credits a £5 Total Goals spread bet after the first and second fixed odds free bet credits. Note that you will have to have a full spread betting account to be able to claim the Total Goals spread bets.

Up to £35 in free bets for new accounts at Spreadex

KEY T&C: 18+. Place a qualifying £25 fixed odds bet at odds of 1/2 or greater. Qualifying bets cannot be placed in-play or cashed out early. A first free £5 fixed odds bet will be credited upon settlement of the qualifying bet. 4 x following £5 free fixed odds bets will be added to your account on consecutive days. After your first free fixed odds bet you will also get a free £5 Total Goals spread bet. And after your second free fixed odds bet you will also get a second free £5 Total Goals spread bet. You must have a full spread betting account to be able to claim the free Total Goals spread bets. Free bets must be claimed within 28 days of opening. Free bet stake not included in any winnings. Ts&Cs Apply. 18+ begambleaware.org

How to get the Spreadex welcome bonus

  • Register an account with Spreadex
  • Make a deposit on the account
  • Place a £25 fixed odds bet at minimum odds of 1/2
  • Qualifying bet cannot be placed in-play or cashed out early.
  • Free bets must be claimed within 28 days of opening.
  • A first free £5 fixed odds bet will be credited upon settlement of the qualifying bet.
  • 4 x following £5 free fixed odds bets will be added to your account on consecutive days.
  • After your first free fixed odds bet you will also get a free £5 Total Goals spread bet.
  • And after your second free fixed odds bet you will also get a second free £5 Total Goals spread bet.

First Goalscorer insurance

Another of the Spreadex bonus offers involves the first goalscorer market on football matches. The great thing about this offer is that it applies to any football match.

Place a fixed odds First Goalscorer bet pre-match on a fixture. If your selection doesn’t open the scoring, but does score last in the fixture, get your money back as a free bet up to £25 max.

ESSENTIAL TERMS: APPLIES TO YOUR FIRST FIXED ODDS SINGLE “FIRST GOALSCORER” BET PLACED ON EACH MATCH ONLY. QUALIFYING BET MUST BE PLACED PRE-MATCH (I.E. NOT IN-PLAY) AND CANNOT BE CASHED OUT EARLY. BET MUST BE ON A STARTING PLAYER TO QUALIFY. FREE BETS CANNOT BE USED AS QUALIFYING BETS.


In Play Betting at Spreadex 9/10

live in-play betting

There is a good amount of live in-play betting available at Spreadex. Both Fixed Odds and Spread Betting is available live in play.

We looked at some live in play football betting for this Spreadex review, to try and size up the number of markets available and ease of operation.

For an international fixture many markets were in play, from the Total Goals to 15-minute section bets, Over/Under Corners, Total Booking, Correct Score and so on.

Bet Builder options were available through a link within the match’s betting page.

To create a Bet Builder it was simply selecting the selections from the available markets to build the wager of your choice.

As with everything on the Spreadex site, the navigation was excellent for live in play betting as well.

Menus help guides users to the type of bets quickly and there is a stats centre that presents key statistics for a fixture like the number of completed passes, interceptions and tackles won.

In-Play Spread Betting is also available as part of the Spreadex operations.

Again, the choice of options was just too numerous to mention really. A click through to the Spread Betting for a live fixture immediately raised the most popular markets.

There were things like buying or selling on the match outright, the Total Goals, Corner, Match Performance, Head Goal Minutes, Multi Bookings and so much more.

Multi markets are just everywhere there adding the dynamic for betting on things like Team goals and Corners, and Shirts was another popular area (the total shirt numbers of all the goalscorers in the match for a given team).

Having spread betting available, raised a lot more variety on top of the already excellent variety that is there for live in play football betting at Spreadex.

It all combines to produce an excellent platform.

When you land on the main page at Spreadex there is a menu on the left-hand side of the screen for in-play fixtures.

That can be filtered by what is coming up next, or the following day or for a specific day ahead.

It’s possible to filter that menu by sports as well.

So in-play betting pages for individual fixtures can be pulled up through the menu, and for fixtures across a wide range of sports that are currently happening, there is the In-Play Now menu.

There is also a dedicated section that displays anything that is currently being streamed by the operator as well.

Looking around the Sportsbook at Spreadex for this review, along with a lot of football matches from around the world, there were live fixtures from other sports like Tennis, Snooker, Horse Racing, Basketball, Baseball, Volleyball and Table Tennis that was happening at the same time.

Clicking around the menu on the left-hand side we found to be the best way to navigate through the many different live fixtures.

Across the top menu, there is a main In-Play menu link and a click there will allow you to bring up all current in-play betting events.

We also experienced in-play Esports betting at Spreadex as well.

In conclusion, the in-play section options at Spreadex is just about as good as any punter could hope for.

There is just so much from the number of fixtures from different sports that they have available through to the astonishing amount of markets in individual sporting events.



Extras & Features of SpreadEx 8/10

Extras & features

Any extra features that can be found in a sportsbook can help punters further their entire experience. In this next section of the Spreadex review, we take a look at some of the features that can be found around the site.

Bet Builder

To be found in the SpreadEx sportsbook there are Bet Builder options for football betting as well for other sports. Again, as usual, that is in both Spread Betting and Fixed Odds betting.

The Bet Builder allows punters to create a bet to their exact liking from pre-determined markets. We looked at a Premier League fixture for the review.

The markets available are:
Result
Goals
Correct Scorer
Corners
Both Teams To Score
HT FT
Double Chance
Bookings Points
Handicap Result
Winning Margin
Exact Goals
Team Specials

You get started on the Spreadex bet builder by choosing a market and then an option from within it.

So for example, it was quick to select Leicester To Win, 2-1 Leicester Correct Score and Leicester To Score Last which came out at a combined 12/1 Bet Builder quote.

When you add selections to the Bet Builder, they appear on the page right above where you are choosing selections and you can edit the wager as you go from there, by removing selections.

Spreadex #Nameit

The #Nameit football betting feature at Spreadex is where different options on a game are pulled together for some interesting combinations.

NameIt is available on both spread betting and fixed odds betting. For this Spreadex review we looked at a few examples:

Man Utd To Win, Under 2.5 Match Goals
Man Utd To Win & Exactly 4 Match Goals
Exactly 3 Goals At HT, Exactly 0 Goals In Second Half

Some are a lot more creative such as a particular player to score the opening goal of a fixture, while a particular player receives a red card.

Naturally, the more specific things get like that, the longer the odds are going to get.

Spreadex Live Streams

There are opportunities to look at live streams at Spreadex and this is predominantly for horse racing. On the right-hand side of the main screen, there is a box dedicated to a live stream for horse racing.

A Spreadex login will be needed to gain access to any horse racing stream. But there are other sports covered. A simple filter of in-play markets on the In-Play Soon menu will show what is coming up.

Click on the Streaming Filter in that menu and it’s easy to see what is going to be happening. When we looked for this Spreadex Uk review we saw cricket, tennis and a football match available for streaming.

Financial Betting

For those punters who do enjoy stepping away from Sports Betting then there is an extensive Financial betting platform available. A Financial betting account with Spread Ex will be needed to be opened there.

Their financial spread betting markets cover indices, shares, FX, ETFs, bonds, interest rates and commodities.



Spreadex payment options - deposit and withdrawal methods 7/10

deposit and withdrawal

After creating a new Spreadex account things can move on then to the payments options that are available.

Note that when opening an account, you need to apply and they will carry out checks on their end. Sometimes they may ask for further verification from a new customer to ensure security.

There are no charges for holding a Spreadex account and there are no minimum deposit requirements, joining fees, contracts to sign or obligation to trade.

Making a payment at Spreadex

After a Spreadex login, you can then add a Payment method to your account. You can plug in your card details for example to get set up.

When registering a card to the account, you will need to make a payment, but again there are no minimum amounts.

Clicking on the Payments link in the Spreadex account you will see all of the options that you have available.
UK debit Card (Visa, Switch/Maestro)
Credit Card (Visa, MasterCard):
Bank Transfer
Cheque
Direct Debit

Note that Spreadex does not accept any kind of third party payments.

That means e-wallets like Paypal, Skrill, Neteller and Ukash cannot be used as a payment method at Spreadex.



User-friendliness of Spreadex website 9/10

user-friendliness

Even though there is so much going on on the Spreadex website, there has been a lot of attention to detail in terms of user-friendliness.

The top of that is how many menu links there are.

They are everywhere and at no point did we have trouble getting to any market or sports event that we wanted to look at.

The presentation of in-play betting has been done well, with that focus pretty much taking up the entire left-hand side of the website.

There are icons all around the sportsbook for things like where sporting events are being televised and what is available for live in play betting.

Account management is done through a simple and quick log in and account management is easily handled.

When it comes to the spread betting side of the operations at Spreadex, one big thing that stood out in terms of user friendlies was the information icons.

However, over a market selection, there will be some basic information about what that particular bet involves. Such as Total Sets for a Tennis match explains that it is a prediction of the total number of sets played in the match.

Where there is a small ‘C’ icon listed next to a market for example the Total Set, that means you can click on that and raise a coupon for the Total Sets options for all matches that are currently available.



Spreadex Mobile App 9/10

Mobile App

There are dedicated Spreadex Mobile App downloads for both iOS and Android. Whatever platform you are looking for, you can find direct links on their main website page.

So that means you could call up Spreadex on a mobile browser and click through from the bottom of the page on the icon to get to, for example, the App Store.

Just as with the main website, the Spreadex app allows punters to do both fixed odds and spread betting. It is possible to tab between the two formats of betting directly in the app.

All of the features that can be found on their website are accessible through the Spreadex app.

That means customers will see things like the Bet Builder, #Nameit, statistics, live streaming and a lot of in-play betting markets.

The app does a superb job in managing in-play sports betting, which can be combined with live streams.

In the in-play at Spreadex, there are three cash out options available, full, partial or automatic.

Security on the Spreadex app comes from Face ID, Touch ID or PIN login.



Spreadex Customer Service & Support, Security & Reliability

customer support

The customer support at Spreadex is accessed through an Extras menu that appears on the left-hand side of the screen.

There are a lot of helpful links there ranging from Get Started to Glossary of Markets and the main Help & Support sections.

A click through to the Help & Support directs the user to a selection when you can browse through frequently asked questions about different areas of their operations, such as Sports FAQ, Account FAQs and Technical FAQs.

It’s possible to engage a representative in Spreadex live chat during business hours. If you are outside of that, you can send them an offline message and they’ll get in touch with you.

We did find the FAQ section in the Spreadex help pretty extensive and were able to find questions about things like payments and promotions in there.

They are a bookmaker who does invite telephone calls, and even payments can be done via telephone. General enquiries are at +44 (0)1727 895000 while the main sports desk is at +44 (0)1727 895 090.

[email protected] is their email address, giving customers another way to get through to them.

We have to touch on the high-quality amount of help there is on the site for Spread Betting.

If you are new to it, or just want a refresher, there are some very good help pages to browse through.

It’s worth taking some time to read through and learn how everything works and Spreadex do very well in delivering clear information.



Our Spreadex review rating: 9 / 10

spreadex review

Summing up this Spreadex review, we rate them highly for a tremendous service that is extensive and high quality.

The amount of options that are there for different markets and different bet types is outstanding.

Being able to switch between fixed odds and spread betting is their big angle. It’s something unique and with their long history of trading, Spreadex are able to deliver a trusted brand as well.

Some punters may never get into spread betting of course, but there is still such a fantastically strong fixed odds sportsbook to enjoy.

The site is stacked with information like statistics, where to watch sports and it’s all rounded off nicely with some extra features like the Bet Builder and live streams.

With quality mobile apps as well, Spreadex really comes in strongly onto our list of highly recommended bookmakers.