Ryan Samuel
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Offering an alternative to traditional sports wagering, sports spread betting is increasingly popular. While the number of sports spread betting sites is limited in the UK, the bookmakers discussed on this page are well worth checking out. Punters are effectively betting on whether potential outcomes will come in at above or below the “spread”. The best sports spread betting sites cover a large number of events, with promotions and additional features also being on offer. 

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Top Rated

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  • Unique spread betting service
  • Competitive odds
  • Great choice of markets
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Promotions available to 18+ aged individuals who are registered customers of Spreadex. 5 x £5 free fixed odds bets, 4 x free £5 spread bets + 50 free spins on Starburst. Min odds 1/2. Each free spin is worth 10p and there are no wagering requirements Free bets and spins must be claimed within 28 days of opening. Free bet/spin stake not included in any winnings. Ts&Cs Apply. 18+ begambleaware.org

50% Cashback On Net Losses Up To £500

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50% Cashback On Net Losses Up To £500

  • Demo mode perfect for beginners
  • Hugely experienced bookie
  • Significant welcome offer
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New UK & Eire 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+

Top Sports Spread Betting Sites in 2024

  1. SpreadEx – Best known sports spread betting operator in the UK
  2. Sporting Index – Sports spread betting tips and guides

Best Sports Spread Betting Sites Reviewed 2023

Sportsspread betting has gone from strength to strength over recent years. While there have been no new sports spread betting sites introduced, punters can still select from a few established bookies. Below, we take a closer look at the best sports spread betting websites, including available markets, promotions and features: 

1. SpreadEx: Leading Sports Spread Betting Site in the UK – Bet £10 Get £30 in Free Bets

SpreadEx was founded back in 1999. Originally operating only for financial trading, it was not until 2006 that the SpreadEx sportsbook went live. While also offering fixed odds wagering, SpreadEx took little time in becoming the UK’s leading spread betting site. Here, bets can be placed on everything from football and horse racing to eSports and table tennis. 

spreadex betting site

The bookie has developed an efficient mobile app, available on iOS and Android devices. Meanwhile, punters signing up can also take advantage of a live streaming service. With £30 in free bets being available to new customers too, there are plenty of selling points at SpreadEx. Below are the main pros and cons:

Pros:

  • Excellent spread betting coverage
  • Generous promotions for new & existing customers
  • Bet builder and live streaming features
  • Fixed odds betting also available

Cons:

  • Spread betting site can appear overcrowded at times

2. Sporting Index: Large Number of Spread Betting Sports Markets – 50% Cashback on Net Losses up to £500

Dating back to 1992, Sporting Index is a specialist spread betting operator. Sporting Index is likely to appeal to beginners in particular. This is due to the sports spread betting tips and guides on offer. Meanwhile, pre-match and in-play spread betting markets are on offer, with odds being competitive throughout. Football, horse racing, cricket, tennis and golf are some of the 20+ sports covered. 

sporting index betting site

An appealing new customer offer is available, along with traditional fixed odds markets. Spread betting markets are accessible via desktop and mobile, with the Sporting Index app being downloadable on iOS and Android devices. New ongoing promotions are added daily too, including Premier League totals and “Action Accas”. 

Pros: 

  • Demo mode perfect for beginners
  • Hugely experienced bookie
  • Significant welcome offer
  • Mobile betting app on iOS & Android

Cons:

  • Skrill and Neteller no longer available for deposits & withdrawals

What is Sports Spread Betting?

When it comes to spread betting, punters are rewarded based on how accurate their bets are. Available on a host of sports, bets are placed on whether the outcome will be above or below the spread. This differs from fixed odds betting, where it is either win or lose. Outcomes include match and race winners, as well as more detailed incidents, including totals, winning margin and first scorer. Spread betting has grown significantly over the last decade. When it comes to sports spread betting explained, it is important to look at some examples:

Example 1: Sell a spread bet on the total goals between Manchester City and Arsenal being between 2.8-3.0. If the number of goals is less than the spread, your bet will win. 

Example 2: Placing a “Buy” bet on the total runs in a cricket match between England and South Africa if you think that more than the 350 runs spread will be scored. 

Best Sports Spread Betting Sites Compared

Sports spread betting sites in 2024 appear very similar at a glance. However, a deep dive shows that they differ in certain ways. The table below shows exactly which features are available with our recommended bookies:

Site Feature Speadex Sporting Index
Spread Sports Betting fa shield fa shield
Fixed Odds Betting fa shield fa shield
In-Play Betting
fa shield fa shield
Financial Trading fa shield fa shield
Betting App fa shield fa shield
Live Streams fa shield fa shield
Bet Builder fa shield fa shield close
New Customer Offers fa shield fa shield
Casino Platforms fa shield fa shield
Results Services fa shield fa shield

How We Rank Sports Spread Betting Sites

While sports spread betting sites UK are hard to come by, it is worth noting that we still only recommend high-performing bookies. Below are the factors that we consider when ranking sports spread betting sites bookmakers:

  • Sports Coverage – The best sports spread betting sites cover events from across the globe. Punters can buy and sell on football, horse racing, tennis and cricket, as you would expect. Meanwhile, spread bets can also be placed on everything from eSports and basketball to greyhounds and rugby. So, ensure that you sign up with a bookie that caters for your needs in this area. 
  • Betting Odds – As with fixed odds betting, spread betting prices must make the risk involved worthwhile. Both SpreadEx and Sporting Index certainly offer attractive odds, with value being available to those prepared to spend time finding it. Odds are generally available to view in both fractional and decimal odds. 
  • Payment Methods – While Sporting Index does offer a demo mode, those looking to win real money will have to deposit funds. With credit cards being banned at UK betting sites, debit cards, e-wallets and bank transfer are the most common options for deposits and withdrawals. Payments must be processed quickly and safely, with no additional fees being incurred. 
  • Betting Offers – Our recommended bookies come with a unique welcome offer. Meanwhile, ongoing promotions help to keep punters satisfied. However, the terms and conditions must be right for it to be worth your time and investment. Free bets, cashback offers and price boosts are among the most common. 
  • Mobile Betting – It is a must for spread betting sites to be accessible on smartphones and tablets. Both SpreadEx and Sporting Index have developed their own mobile app, available on iOS and Android devices. Such apps make placing spread bets quick and simple when on the go.

Popular Sports Spread Betting Markets in 2024

The number of sports covered on spread betting sites has increased significantly over recent years. However, there are some sports that attract more interest from punters than others. Below, we take a closer look at the standout spread betting sports:

Sports Spread Betting on Horse Racing

Horse races from the UK & Ireland, as well as other countries, are found on spread betting sites. It is not only the Grand National and Cheltenham Gold Cup that feature. Buy and sell bets can be placed on the winning margin and head to head. Selling a horse racing bet will be familiar to those with experience on a betting exchange. 

Football Spread Betting in 2024

Football is the most detailed sport when it comes to spread betting. This is, in part, due to the number of available markets. Buy and sell bets can be placed on total goals and corners, as well as first goalscorer, shirt numbers and assist minutes. 

Spread Betting on Rugby

Both rugby Union and League markets are found on spread betting sites too. Whether it be the Gallagher Premiership, French Top 14 or  6 Nations spread betting, there is no shortage of options for punters. Total points, tryscorer shirts, total try minutes and bookings are among the most popular markets to look out for. 

Cricket Spread Betting

Similarly, Test, One-Day and T20 matches are also available to place spread bets on. Total and team runs are the most common markets here, along with match winner. On our top ranked sites, it is also possible to bet on players scoring above or below a specific number of runs. 

Top Sports Spread Betting Site Offers in 2024

Betting offers are available to both new and existing customers at spread betting sites. Offers make buying and selling bets more appealing. Whether it be a free bet or cashback offer, promotions are certain to come with terms and conditions. Some T&Cs are more realistic than others. So, be sure to read the small print before signing up and registering. 

We have already outlined the welcome offers awaiting punters at our recommended spread betting sites. Meanwhile, the following are the standout ongoing promos that are worth taking advantage of:

SpreadEx 1st Scorer Insurance If your football 1st goalscorer does not score first, but does score the last goal of the match, your stake will be refunded as a free bet. 

Sporting Index Refer & Earn – Introduce a friend to Sporting Index and you will both receive a £25 free bet.

Pros and Cons of Sports Spread Betting

Like any form of gambling, sports spread betting comes with both benefits and limitations. With our vast experience in the industry, we are in a strong position to list the following pros and cons of spread betting:

Pros:

  • The more accurate you are, the greater the winnings will be. 
  • Cash out feature available on selected markets
  • Pre-match and in-play markets
  • Can win bets even when not 100% accurate

Cons:

  • Potential for significant losses
  • Less sports to choose from

Best Sports Spread Betting Tips in 2024

For those new to sports spread betting, it is worthwhile taking on board as much expert advice as possible. Sports spread betting tipsters offer regular predictions. Meanwhile, the following are our expert tips to consider before wagering:

✔️ Take Advantage of Demo Modes – One of the major selling points of Sporting Index is the fact that you can play for free. Opening a Demo account is ideal for beginners. There is no financial risk. This allows you to get to grips with how sports spread betting works, before deciding whether to switch to real money betting.

✔️ Stick to What You Know – As is the case with any form of sports betting, it is important to wager on events that you have a good understanding of. Whether it be football, tennis, basketball or eSports that you follow closely, avoid the urge to stray elsewhere.

✔️ Monitor the Cash Out Option – As with traditional sports betting, spread betting also comes with a cash out feature. So, if you wish to lock in a profit or cut your losses early, cashing out is always a valid option. Just consider when the best time to cash out will be!

✔️ Stick to a Budget – Regardless of how much you win or lose, always stick to your budget. Your budget should be a small proportion of your disposable income. Remember that sports spread betting is about enjoyment first and foremost.

Sports Spread Betting vs Traditional Betting

Traditional betting is generally considered to be fixed odds wagering. Here, potential winnings are just that – fixed. However, with spread betting, both winnings and losses can grow, depending on the accuracy of your bet. 

However, spread betting is not as extensive in terms of sports coverage. For example, on spread betting sites, around 20 sports are likely to be found. Meanwhile, on traditional betting sites, up to 40 different sports can be covered. 

Understanding Spread Betting Prices

You should not have a clearer understanding of how spread betting works surrounding sports. However, you may still be wondering how sports spread betting calculations occur. Spread betting, whether it be buying or selling, differs greatly from fixed odds markets. It is important to note that you could actually lose more than your stake if you make an inaccurate prediction. 

For example, if you place a bet on a small number of goals to be scored during a football match, the losses will increase with each shot that finds the back of the net. Meanwhile, you will also pay out more than your initial stake if the reverse occurs. As such, punters must consider the risks involved with spread betting, as well as the potential rewards. 

Is Sports Spread Betting Legal in the UK? 

As with fixed odds betting, spread betting is completely legal in the UK. However, bookies offering spread bets must be licensed by the Gambling Commission. This is the case with our recommended sites. Meanwhile, SpreadEx is also regulated by the Financial Conduct Authority (FCA), due to the fact that the operator offers financial trading.

Sports Spread Betting Terminology Explained

If you are new to sports spread betting, there are some terms that you are likely to be unfamiliar with. Below is a breakdown of the most common terms surrounding this type of betting:

Buy – A bet where you believe the result will be higher than the spread. 

Sell – When you predict a sports market finishing lower than the spread. 

Closing – The process of ending an existing bet. 

Make-Up – The final result of a spread bet in a sports market. Used to settle spread bets.

Match Bet A sports bet where punters can get for or against either teams/players.

Spread – The difference between the buying and selling price.

How to Place a Spread Bet Online 

Luckily for punters, sports spread betting sites today make it quick and easy to place bets. However, it is important to have an understanding of what is involved before getting started. Below is a step by step guide surrounding how to place a spread bet online:

Step 1: Choose Between Sports Spread Betting Bookies

While the list of sports spread betting sites is not extensive, it is still important to pick the right bookie. Weigh up the list of pros and cons, as well as available sports, markets, odds, features and promotions. Spend a few minutes browsing the sites too, considering usability and speed. 

Step 2: Register an Account

Having selected your chosen bookie, enter the site in question, using a desktop platform ideally. However, the sign-up process can be completed on mobile. Click on the “JOIN” button, located in the top-right hand corner of the page. Complete the registration form by entering your full name, email address, country of residence and nationality. 

New customers must also create a username and password at this stage. Opt in to receive promotions and accept the bookie’s terms and conditions. Complete this step by clicking on the “CONTINUE” button. Verify your account via the link found inside your welcome email. 

Step 3: Deposit Funds

Login to your account using your username and password. Access the cashier page, before selecting the “DEPOSIT” opinion. Select your chosen payment method, before entering the deposit amount. Enter your payment details, whether it be a bank card, e-wallet or another option. Confirm the payment and wait a few seconds for funds to reach your account. 

Step 4: Browse Markets

Look at available markets, focusing on sports that you have a good knowledge of. Consider the odds on offer, adding selections to your bet slip as you wish. Be sure to carry out research on potential picks. 

Step 5: Confirm Bet

On your bet slip, located on the right-hand side of the page, view available bet types. When ready, enter your stake and click on the “PLACE BETS”  button. Track the progress of your bet. 

Final Word on Sports Spread Betting Websites

You should now have a much better understanding as to how sports spread betting sites work. Offering an appealing alternative to fixed odds betting, both SpreadEx and Sporting Index have vast experience within the industry. While there is a distinct lack of sports spread betting bookies, the operators discussed on this page mean that this is not a big deal. Whether you follow football, horse racing, rugby, cricket or another sport, take a look at our recommended betting sites today. Be sure to claim your welcome offer when signing up too! 

Get £50 In Bonuses

30/08/22

Get £50 In Bonuses

  • Unique spread betting service
  • Competitive odds
  • Great choice of markets
NO CODE REQUIRED
Claim Bonus
Learn More
5
Promotions available to 18+ aged individuals who are registered customers of Spreadex. 5 x £5 free fixed odds bets, 4 x free £5 spread bets + 50 free spins on Starburst. Min odds 1/2. Each free spin is worth 10p and there are no wagering requirements Free bets and spins must be claimed within 28 days of opening. Free bet/spin stake not included in any winnings. Ts&Cs Apply. 18+ begambleaware.org

Sports Spread Betting Sites UK FAQs

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Ryan Samuel
Ryan Samuel

Ryan is a freelance writer who specialises in the world of sports and iGaming, producing engaging and accurate content for online publications, including news articles, reviews, press releases and social media marketing.

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