Spreadex have established themselves as one of finest platforms in the UK both for spread and fixed odds sports betting. Their generosity contributes to their sterling reputation, and nowhere is that showcased more effectively than with the Spreadex welcome offer. This page is all about helping you discover if their newcomer promotion suits your style of betting.

Spreadex Get 50 Welcome Offer Screenshot
Spreadex “Bet £25 Get £50” Welcome Offer (Source: Spreadex)

Like all great promotions, the Spreadex welcome offer revels in its simplicity.

For a simple £25 fixed odds bet, with minimum odds of ½ (1.5 in decimal, -200 in American odds) you will receive £50 in bonuses. This is spread across:

  • Five £5 free fixed odds bets
  • Four £5 free spread bets
  • 50 free spins on Starburst

It’s a standout offer. First and foremost, there’s the sheer generosity of the numbers. You get over double your initial bet, and £25 isn’t so high as to rule out more casual players.

Furthermore, this offer allows you to really try out the site as comprehensively as any newcomer promotion we’ve seen.

It includes several Spreadex free bets covering fixed odds and spread betting markets alongside free spins, this achieves exactly what every great welcome offer should. Which is not just to provide great value but also to be an ideal introduction for newcomers. A way for them to get a taste of everything without asking for huge sums. If that’s the goal of the Spreadex welcome offer, we’d say it’s mission accomplished.

Spreadex How To Claim Welcome Offer Screenshot
Spreadex “How To Claim Up To £50 In Bonuses” Promotional Page (Source: Spreadex)

A surprisingly user-friendly site, one of the things we enjoy most about Spreadex is they manage to balance an incredibly versatile and deep selection of betting options while also being suitable for total newcomers. The Spreadex welcome offer is the perfect example of this kind of balance.

Here’s a step-by-step guide that details everything, from registering to claiming this offer:

  1. Register – We’ve dedicated an entire portion of this page to this process below. Nonetheless, it must be said that registering with the site is the first step to the claiming the welcome offer. You can also deposit funds at this time.

  2. Make a Deposit – Once you’ve finished the registration form, your account should be automatically verified. If not, more documentation may be requested. Typically, at this point you will be greeted by a screen asking if you wish to deposit funds. To enjoy the Spreadex welcome offer we recommend you do so, with options including Maestro, Visa Debit & Delta, Solo, Electron, and Mastercard payments. All are instant and without fees. You’ll want to deposit £25 for the purposes of fulfilling the terms of the offer.

  3. Place your bets – All that’s needed now is for you to place a £25 fixed odds bet at minimum odds of 1/2. Be sure you are betting on a relevant market as this is essential to promotional activation. Ask customer service if you aren’t 100% sure.

  4. Get £50 in bonuses – You’ll receive your £50 across five days from when your qualifying bet settled. For instance, if it was placed and settled on Monday, you will get the money spread across all those weekdays. You’ll receive £5 in fixed odds free bets each day. In addition, on the first day you will receive a £5 total goals spread bet, a £5 winning favourites spread bet and a £1 horse racing index spread bet. On the second day, you'll get an additional second free £5 Total Goal spread bet and a £5 Winning Favorites spread bet. In the first two days, you will also receive your 50 free spins in two 25 free spins bundles.

While the somewhat conservative good looks of Spreadex may give off a rather serious air, it’s actually not reflective of the very warm welcome they provide.

If you follow the instructions below, you should be good to go in a matter of minutes:

Step One: Create an Account

This asks for some basic information including your name, e-mail address, username, password, country of residence, and nationality. You will also be asked if you wish to receive emails from Spreadex, which we recommend you leave confirmed to avoid missing out on promotions. Finally, confirm you are over 18 and have read the terms and conditions, then hit “continue”.

Spreadex Registration Screenshot
Spreadex Registration Page 1 (Source: Spreadex)

Step Two: Finalise Personal Details

There’s only one more step to go and that’s to get all your key personal details down for the site. This includes your date of birth, phone number, and address. You’ll also be asked to create a memorable security question so you can unlock your account should you forget your password. Once this is completed, you can confirm by clicking “Join Spreadex” and your account is good to go.

Spreadex Registration Screenshot
Spreadex Registration Page 2 (Source: Spreadex)

There are also some things that you may want to know to make the most of this promotion. These come down to the terms and conditions.

Please note that while this is a look at what we consider to be the most important T&Cs with regards to the impact they have on the quality of the offer, it is always worth checking on all bonus terms for yourself to get the complete picture.

With that in mind, here are the key Spreadex welcome offer terms:

  • As mentioned, the qualifying bet must be at a minimum of £25 with ½ minimum odds to receive the full promotional benefits. However, smaller qualifying bets come with a reduced version of the Spreadex welcome offer. For instance, a qualifying bet between £5 and £9 will provide you with one free fixed odds bet, with the amount of free bets going up one in £5 intervals.
  • Strictly one promotion per person.
  • Qualifying bets cannot be cashed out early or be placed live.
  • To receive the free spread bets, you must first have a full spread betting account. All prospective users should be aware that, in future spread bets, losses have the potential to exceed your initial deposit.”
  • Each spin is worth 10 pence.
  • All free spins and bets must be claimed within 28 days of opening your account. It is a welcome offer, after all!
  • The free bets themselves must also be used within 28 days of release.
  • Users must be aged 18 or over.
  • You can choose to use your Spreadex free bet by ticking the button “Claim as Free Bet”.
  • Spreadex can withhold this offer at any time without notice. Their terms and conditions make particular reference to refusing access to those flouting the one promo per person rule.
  • No staff member of any bookmaking firm can use the Spreadex welcome offer.
  • There are no wagering requirements for either the free bets or the free spins.

We’re happy to say that the Spreadex welcome offer backs up what it promises with exceptionally fair and generous terms. These confirm what potential users would hope for when they initially see that newcomer bonus advertised.

  • One of few spread betting alternatives
  • 50% cashback up to £500 sign-up offer
  • Fab fixed odds markets
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programm
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 1992
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programm
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 1992
New UK clients only. 50% cashback on cumulative net losses on qualifying spread bets placed and settled within 7 days of account opening. Fully, partially or reverse closed bets do not qualify. Max cashback £500. Full terms apply. Spread betting involves risk. Losses can exceed deposits. Always bet responsibly. 18+ Full T&Cs apply. BeGambleAware.org #ad
  • Similar welcome offer to Spreadex
  • Bet £10 get £50 sign-up offer
  • Ultra-competitive odds
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programm
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 2000
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programm
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 2000
18+. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. BeGambleAware.org #ad
  • Fantastic mobile option
  • Bet £10 get £30 sign-up offer
  • Unique: leave your own betting tips
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programm
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 2019
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programm
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 2019
New UK, IE & Malta customers only. Offer available between 16:00 BST on 11th July 2023 and 16:00 BST on 26th October 2023. Min £10/€10 first deposit in a single amount to be eligible for the offer. Max £30 in Free Bets. £10 bet at min odds of 1.5 required to receive £10 Free Bet. A further £10 Free Bet will be credited to your promotional balance 7 days after the first qualifying bet and then a further £10 Free Bet will be credited 14 days after the first qualifying bet. Free bets expire in 14 days after credited. Payment Terms and Conditions apply. This promotion cannot be used in conjunction with any other sign-up promotion. Full T&Cs apply. 18+. BeGambleAware.org #ad
  • Lots of free bets for initial £5 deposit
  • Top horse racing option
  • Bet £5 get £30 sign-up offer
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programm
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 1946
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programm
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 1946
18+ New customers only. Opt in, bet £10  on any football market at minimum 1/1 odds. No cash out. Get £40 in Free Bets on selected events. Free Bets expire in 7 days. Debit card / Apple Pay payments only. T&Cs apply, see below. begambleaware.org | Please gamble responsibly #ad
  • Immensely useable and attractive design
  • Bet £10 get £20 sign-up offer
  • Activate welcome offer in minutes
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programm
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 1994
MAIN FEATURES
UK Gambling Commission
Live Stream
VIP Programm
Cash Out
Bet Builder
Support 24/7
Native App
Cryptocurrency
Established in 1994
18+ New customers only. Opt in, and bet £10 on football markets (odds 2.00+). No cash out. Get 6x£5 football free bets at specified odds for set markets, which expire after 7 days. Offer valid from 12:00 UK Time on 25/08/2023. Card payments only. Full T&Cs Apply | begambleaware.org | Please gamble responsibly. . Click for full T&Cs. BeGambleAware.org #ad
Other Spreadex Promotions Screenshot
Spreadex Promo Page (Source: Spreadex)

Spreadex is far from a one-trick pony when it comes to betting promotions. In fact, they offer an ever-changing conveyer belt of offers. You can find more Spreadex promotions on their bonus page, via your e-mail, and through various promotional code. And we always endeavor to provide you with the latest and greatest promotions, so be sure to check in with us regularly to make sure there are no offers or codes you’re missing out on.

And while we can’t say for sure what future Spreadex promotions might look like, we can give you an overview of what’s available right now, so you get a better idea of the quality and variety you can expect from this betting industry innovator.

Spread Betting Welcome Offer

If you’re more enamored with the spread betting side of this operator, we’ve also got an alternative Spreadex welcome offer for you.

The spread betting welcome bonus offers you two free £5 Total Goals spread bets plus £300 cashback when you open an account. The way this works is simple.

First, you need to set up your account. While this will require you to verify some information, it can ultimately be completed in a couple of minutes if you have everything you need at hand.

Then you’ll need to place a £10 bet with minimum odds of 1.5 to get your two £5 free bets. Just as we’ve seen from the traditional sportsbook welcome offer, the free bets come without wagering requirements.

Cashback is also unlocked on selected spread bets up to £300. Whatever you spend in the first 28 days up to that amount is matched in bonus funds as cashback. You could also get a 10.2-inch 64GB iPad, which really puts into perspective the real-world value of this offer. Check the terms and conditions for full details on what counts as a qualifying market, but rest assured it’s a rather long list.

This fantastic, multifaceted offer is an ideal introduction to the spread betting part of the site, a terrific proposition backed by top tier terms and conditions. The only downside is that you can only pick one welcome offer, and both offer so much value it’s a shame to miss out on either!

First Goalscorer Insurance

A beautifully simple promotional offer here. Place a bet on any First Scorer fixed odds market and if they do not score first but instead score last, you will get your money back as a free bet. This doesn’t include price boost selections, but is otherwise a broadly applicable way of getting more chances to win for betting normally without any additional cost. Your Spreadex free bet has a maximum amount of £28 and expires in 28 days.

Spread-Free Bets

If you place three Spreadex sports bets on qualifying markets, you can place an additional fourth spread bet at the spread mid-point, with the stake being the size of your smallest qualifying spread bet.

“2nd To A Rag” Insurance

Get your money back as a free bet when your pick comes second to a horse racing with SP odds of 33/1 or greater. Max free bet is £25 and you have 28 days to use it.

First Past the Post

If your horse is a winner but gets demoted for interference, Spreadex pay out on both the promoted and original winner on UK and Irish racing.

Refer a Friend

Get a £100 total goals spread bet when you refer a friend. When they sign up, you can ask them to mention your name and postcode during their welcome call from the accounts team. If they place five qualifying Spreadex sports spread bets with a minimum stake of £2 with the potential win £20, you will receive your £100 total goals free bet. Alternatively, if they join via a link and place £10 worth of bets with minimum odds of 1.5 on fixed odds markets in 28 days, you will receive £10 in cash.

What we find truly impressive about the betting offers at Spreadex, best exemplified by the Spreadex welcome offers, is that they often reward users simply for playing as they normally would. The terms and conditions are such that most people will find they receive free bets without any extra effort.

Considering these themselves come with no wagering requirements, this means that you are essentially getting more chances to win without any additional hassle or cost. There’s no better type of promotion than that.

WRITTEN BY Ben Gibson
View all posts by Ben Gibson

Ben has been writing professionally for over a decade. His articles are a great outlet for his inexhaustible supply of sporting facts and enthusiasm. He resides in Yorkshire, where his work is powered by the ever-present sound of a kettle.

Further reading

ThePuntersPage.com © 2006-2023 ThePuntersPage.com