Spreadex is a betting and trading site that allows users to bet on sports as well as buying and selling financial assets. Spreadex differs from other online sportsbooks in that it offers spread betting as well as standard fixed odds. There is also a Spreadex Casino which features a wide range of games.
- Award-winning spread betting service
- Bet builder tool
- Excellent mobile app
- No PayPal deposits
- Not suitable for betting beginners
|Game Types||Spread betting, Fixed odds betting, Casino|
|Deposit methods||Visa, MasterCard, Maestro, Bank Transfer, Cheque, Direct Debit|
|Withdrawal methods||Visa, MasterCard, Maestro, Bank Transfer, Cheque, Direct Debit|
|Betting functions||Live betting, live streaming, cash out, bet builder|
|Casino game types||Slots, table games|
|Casino provider||NetEnt, Microgaming, and more|
|Support||Live chat, telephone, email|
|Headquarters||St Albans, UK|
Spreadex pros and cons
Spreadex is one of the most unique sports betting sites on the market, and for that reason alone, it is among the bookmakers we recommend the most. You can try out spread betting, which means you can win even more if your selection wins by a big margin, but it carries its own risks as well.
- Market-leading spread betting site with a history of winning awards.
- Mobile betting app for iPhone and Android, and a separate financial trading app.
- Large live streaming catalogue with racing, football, tennis, snooker, and more.
- You can only deposit through your card or bank. No eWallet deposits or withdrawals are allowed.
- The spread betting markets can be confusing to some people and they carry a higher risk.
- Spreadex has fixed odds betting to accompany the spread betting service but it is the latter that makes signing up worthwhile. It is more suited to intermediate and advanced bettors.
- The site has a somewhat classic look, but the technology is right up to date and everything functions perfectly. You will easily find everything you need.
- Spreadex, and spread betting in general, isn't for everybody. If you take the time to learn how it all works, it can be a great alternative to fixed odds, and there is a good reason for Spreadex's great reputation within the industry.
Based in St Albans, Hertfordshire, Spreadex is one of the top companies within betting in the UK and was named in the FT1000 report of the top 1000 fastest-growing companies in Europe in 2017.
With over 20 years of experience in the industry, the service is top-notch and it is the perfect platform to use if you want to get into spread betting.
You can get started with the Spreadex welcome offer which comes in the form of free bets, and there are further promotions from that point on.
Spread-free bets and the Refer & Earn offer are among the entries in the Promotions section, and you can find news and blog posts in there too.
On the homepage, you'll see mostly horse racing and football markets as well as links to other popular sports. You can click into any event to view all of the spreads and the fixed odds.
Because all spread betting markets have different stipulations, Spreadex put a small icon next to each available bet and if you click on it, you can read the terms.
Everything is laid out very nicely and it is easy to understand once you read through each market. There is not a dedicated fixed odds section on the site - instead, you can just look at the fixed odds within each event.
There are many options within the Spreadex football betting offering.
You can place bets on your mobile as well, either through the mobile site or the app which is available on iPhone and Android.
Customer support is excellent and includes options to contact Spreadex via phone, live chat, or email.
One downside is the lack of eWallets on the list of payment options, but you can use your debit card or send a Bank Transfer, cheque, or direct debit.
Spreadex welcome offer
Place a £10 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. Once the bet is settled, get a £10 free fixed odds bet, a £5 free Total Goals football spread bet, a £5 racing Winning Favourites spread bet and a £1 racing Race Index spread bet. Ts&Cs Apply. 18+ begambleaware.org. Spread betting can exceed deposit.
Spreadex sports betting
The most prominent sports on Spreadex are the ones that get the most attention in the UK, and when it comes to betting, football and horse racing are the top two.
You can placed fixed odds football wagers, and there is a bet builder option, though the range of selections on the bet builder doesn't quite match up to some of the other top UK sportsbooks.
On the spread betting side of things, there are many interesting markets within each game, such as:
- Total Goals
- Shirt Numbers (sum of all goalscorers)
- Total Goal Minutes
- Goals x Corners x Bookings
- Scrabbled Shirts (sum of scorers names' scrabble score)
You can alternatively place bets across an entire group of fixtures to give yourself an interest over an entire weekend. Most of these markets are goals-related, and you can do them for top leagues as well as more obscure competitions.
Horse racing spread betting works in a similar way. You can choose to buy or sell on the racecard markets, or wager on individual races.
For each race, points are awarded for finishing first, second, or third, and you are essentially backing the over or under on how many points your horse will score.
The types of markets are different for each sport and if you are new to this, it is fun to go through and see what is on offer.
For golf, there is leaderboard betting in-play and it is similar to horse racing in that points are given out for the top positions on the leaderboard and if you buy, the higher they finish, the more you win. This is a good alternative to fixed odds each-way betting on golf as you are rewarded more if they finish second as opposed to fifth.
Spreadex Live Betting
Just as there are lots of pre-match betting opportunities on Spreadex, the same can be said for the in-play offering.
The in-play section features spread betting and fixed odds on football, cricket, tennis, snooker, and more (we count Spreadex as one of the best UK bookmakers for betting on rugby).
Within snooker, you can buy or sell spreads on individual frames, and likewise for games within tennis.
The basketball in-play offering is also excellent, with even the likes of the Syrian Women's league being covered.
"If you've been in the betting game for a while and want to try something different, Spreadex is a great option. I use the site mostly for live golf betting and also for football as I like to maintain interest throughout an entire weekend with just one wager. Spreadex is an award-winning site, and with the professionalism that runs throughout the service, that comes as no surprise."
Spreadex Live Streaming
While you are in the in-play section, you will see the 'Streaming' tab and underneath it is a list of events that are available to view.
Compared with other UK betting sites, the selection is very broad and covers a wide scope.
You can stream through either your computer or the mobile app, and it is a great way to stay up to date while you follow your bets.
Most snooker tournaments are shown live, as well as lots of cricket, tennis, and more.
Spreadex Cash Out
There is a standard cash out option on Spreadex and you can also opt to set an auto cash out.
With the auto cash out, if your profit reaches a certain amount during the course of the event, your bet will automatically be cashed out.
Otherwise, the normal cash out allows you to close a bet early and secure a profit or cut losses.
The Spreadex Casino is perhaps an underrated part of the site, as it contains a more than adequate range of games to be enjoyed.
You can choose from a massive range of slot games and the providers, which include NetEnt and Microgaming, are familiar if you are a regular player.
If you want to play with real-life dealers, this is an option to do this for various versions of roulette and blackjack.
📈 What is spread betting?
With spread betting, the bookie sets the 'spread' which is their prediction, and you can 'buy' if you think the outcome will be higher or 'sell' if you think it will be lower. You are rewarded for being more right, but lose more if you are way off the mark.
🤝 Do Spreadex offer fixed odds betting?
Indeed. Just click on any event and you'll see an option for Fixed Odds towards the top.
❓ Is spread betting more risky?
Spread betting carries more risk as you could lose more than your initial stake. Of course, it is also more rewarding as it works the other way as well and you can win more by being even more correct. Assess the possible downside and volatility before locking in your wagers on Spreadex.
👐 Is there a Spreadex bet builder?
Yes - you can do football bet builders on Spreadex, and the selections include the result, goalscorers, corners, booking points, handicaps, and more.