Spreadex Sports Betting Review (2024)

Registration process 5/5

• Simple two-step process
• Takes a matter of minutes to complete

Some players can be put off signing up to a new UK sportsbook due to overly complicated registration processes. You’ll be glad to know that there is no danger of this happening at Spreadex! Getting started with the betting site could not be easier, with just two steps required.

To start the process, you’ll need to locate the ‘JOIN’ icon in the top right of the screen. Clicking on this will take you to step one of signing up.

Here you will need to fill in your Name, Email Address, Country of Residence and Nationality, as well as selecting a Username and Password. When doing the latter we recommend including numbers and symbols for maximum security. When you are done, check the box confirming you are over 18 and click ‘CONTINUE’.

This will take you to the second and final step of the registration process. All that is required here is your Date of Birth, Phone Number and Address. You will also need to select a security question and answer in case you lose access to your account.

Your account will be automatically verified by the bookmaker using the details you’ve provided. You’ll be greeted by the above screen, where you have the choice whether to immediately make your first deposit or active your spread betting account.

Should you opt for the latter, the bookmaker will proceed to ask you a few more questions related to your finance details before you can begin spread betting.

Overall, we could not find anything to complain about when signing up to Spreadex. The process was quick and easy, and we appreciated the emphasis on security.

Welcome Offer 4.5/5

Get £50 in Bet Bonuses

At the time of writing, UK punters can claim a generous welcome offer after signing up with Spreadex. The bookmaker is offering new customers £50 in bet bonuses. To claim, punters must place a £25 qualifying bet on any fixed odds market at odds of ½ or greater.

• The free bets are credited in instalments upon the conclusion of their qualifying bet. Punters are given their first £5 free bet upon the settlement of the qualifying bet, with the four following £5 free bets credited on the next four consecutive days. For example, if your qualifying bet settles on Monday, you’ll immediately receive a £5 free bet, then the rest of your free bets on Tuesday, Wednesday, Thursday, and Friday.
• In addition to these fixed odds free bets, Spreadex also gifts punters two Total Goals spread bets, two Winning Favourites spread bets, and a Race Index spread bet (you must have a full spread betting account open with Spreadex to earn these freebies).
• That’s the maximum reward you can receive from Spreadex. The size of your qualifying bet depends on how many free bets you’ll receive. For example, if your first stake ranges between £5-£9, you’ll garner just one £5 free bet.
• This offer must be claimed within 28 days of your account opening. No bonus codes need to be added.

2 Free £5 Spread Bets Plus £300 Cashback

Spreadex have a second welcome offer, where users can claim two free £5 spread bets when placing a fixed odds bet of at least £10, at minimum odds of 1/2. Once this bet has been settled, the welcome offer will be activated, and users will receive two £5 Total Goals spread bets.

In addition to the above, if a minimum of £300 is staked on qualifying sports spread betting markets within 28 days of their account being opened, users will receive either £300 cash or an iPad. If a lower amount is staked, the cashback received will match that amount. For example, a £50 stake will result in £50 cashback.

Full terms and conditions apply.

Pre-match Offer 4.5/5

• One of the only UK sportsbooks to offer spread betting
• Huge amount of different sports markets to choose from
• Deep selection for majority of sports

Spreadex’s pre-match offer is excellent. Odds can easily be changed into fractions, decimals or American formats, so viewing your outstanding wagers could not be easier.

Sports

Of course, a betting site is only ever as good as its sports selection. In total, Spreadex offers over 20 different sporting markets. Mainstream choices such as football, basketball, tennis and horse racing are all here, but there are also many less well-known options. For instance, we tried out Aussie rules, table tennis and volleyball betting for the first time during our review.

In the vast majority of these sports, the submarkets are deep. The best football bookies offer common bets such as First Goalscorer, Under/Over Goals and Asian handicaps. However, there is plenty more on offer as well. We particularly enjoyed the #NameIt bets, which are unique wagers you will only find at Spreadex.

Before recommending any sportsbook for odds, we always make sure to check the overround of several markets. Essentially, this is a measure of house edge. When we did this, we happily discovered that all of the operator’s odds seem extremely competitive when compared with other sportsbooks.

Placing a Bet With Spreadex

Placing a fixed odds bet with Spreadex is simple. We wanted to bet on the outcome of one of the popular football matches in the following example.

• First, we accessed the bookmaker’s football offering by clicking the football tab located on the horizontal slider that runs across the homepage.

• A drop-down list then manifests with the most popular games listed at the top. We chose to bet on Dynamo Kyiv vs Bayern Munich, in which we backed the visitors to win at 1/3.

• Our selection then went straight into the bet slip – seen ubiquitously down on the right-hand side of the homepage – before we staked £10, thus returning £13.33. Spreadex’s minimum and maximum stakes are bet dependent, but the vast majority of markets boast a 1p minimum stake.

• Then, a click of the ‘PLACE BETS’ icon will confirm your bet.

• The confirmed bet is shown below.

Check out other top financial betting sites.

Spread Betting

Aside from all of these fine fixed-odd pre-match markets, Spreadex is also one of the only UK sportsbooks to offer spread betting. If you have not heard of this, worry not. All you need to do is read our in-depth guide to spread betting, and you’ll be good to go!

As it specialises in this form of wagering, you will not be surprised to hear that Spreadex does it extremely well. It is easy for novices to pick up the practice, with spread betting available on the overwhelming majority of the sportsbook’s markets.

Esports

As esports is one of the fastest growing markets in the world, it is vital that operators offer a good betting service for all the biggest tournaments.

Accordingly, Spreadex consistently covers the most popular esports events worldwide. Over the course of our review we discovered markets for several CS:GO, League of Legends and Call of Duty tournaments – and that only scratches the surface of what you can expect during the year.

Other Specials

If you want to try something different from sports and esports betting, there are plenty of other markets to sink your teeth into.

There is plenty of politics betting available with the site, for example, with markets on the next Labour and Conservative leader available at the time of this Spreadex review.

Cash Out & Bet Builder

Cash out can be used on almost all of Spreadex’s pre-match markets. The amount updates in real time, ensuring you always get the fairest price possible. It’s rare to find this on cash out betting sites.

Creating your own customised bets could also not be easier. Spreadex’s Bet builder feature can be used on most markets, allowing you to tailor your experience exactly to your needs.

Security 5/5

• Fully licensed by the UKGC
• SSL encryption
• Committed to safer gambling

Whenever we conduct a bookmaker review, we are always sure to verify each sportsbook’s security and licensing credentials. When we did this for Spreadex, we were impressed with what we found.

It is licensed to operate by the UK Gambling Commission under account number 8835. The UKGC is one of the most scrupulous regulatory bodies on the planet and their licenses are only being granted if a sportsbook adheres to their high standards. In short, then, while playing at Spreadex you can be sure that you are using a fair and secure service.

Further adding to the operator’s top-quality security credentials is SSL encryption. Whenever you are involved in a financial transaction on the site, your details are protected with this industry-leading technology.

Spreadex is also committed to safer gambling. If you request, the operator will impose deposit limits on your account, while there is also considerable material on how to avoid unsafe practices on their website.

Design & Usability 4/5

• Innovative site design
• Simple but effective aesthetics
• Navigation is a breeze

As soon as you open the Spreadex website, you will notice how well it is laid out. It is clear that usability was the central aim of the design process, with the various sub-menus and search functions making navigation a complete breeze.

We also appreciated the laid-back colour scheme. There is nothing overpowering here, with only grey, off-white, black and red used. This, combined with the well-sized icons, make everything on the site extremely legible.

Placing the most popular sports markets in a banner on the top of the site is another solid decision that further increases the usability of the site.

ThePuntersPage Final Say & Overall Rating 4.3/5

You may think of Spreadex as a financial trading platform first and foremost, but you should consider giving their sportsbook a try. Across the board, the operator manages to compete with the industry’s big hitters, offering a generous sign-up bonus, varied markets and plenty of other advantages. It has definitely earned ThePuntersPage seal of approval!