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9.5 4.5 Stars

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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
Ryan Samuel
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SpreadEx Review 2023 – £50 Bonus, Features & Odds

Overview

SpreadEx was founded in 1999. Offering sports spread and fixed odds betting, as well as financial spread betting, SpreadEx is somewhat unique. SpreadEx sports is now one of the best known online betting platforms in the UK. Our SpreadEx review will cover everything in which the British-based company has to offer. This will include available markets, bonuses, payment methods and whether there is a SpreadEx app. 

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
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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

What is Spreadex Sports?

SpreadEX

SpreadEx launched in 1999, having been founded by Jonathan Hufford, an ex-city dealer. The SpreadEx sportsbook went live in May 2006, with only spread betting markets being available to begin with. However, four years later, SpreadEx sports betting fixed odds markets were introduced. 

Now based in St. Albans, England, SpreadEx is regulated by the FCA and Gambling Commission in the UK, making it 100% legal. Meanwhile, they have also won a host of industry awards over the years, including “Best Sports Spread Betting Operator” at the 2020 EGR Operator Awards and “Best Financial Spread Betting Provider” at the City of London Wealth Management Awards in 2020.

Our SpreadEx review uncovered that the company has an excellent reputation for both innovation and customer service. We will discuss this and much more throughout the remainder of our SpreadEx Sports review. Meanwhile, a short SpreadEx casino review will look at the games, bonuses and features available to players. 

Is Spreadex Legit

As mentioned above, SpreadEx is regulated by two of the most respected authorities in the UK. The Financial Conduct Authority and Gambling Commission only offer licences to secure and reputable companies. Meanwhile, SpreadEx Sports also has an excellent reputation among past and existing punters. Is SpreadEx legit? Absolutely. 

SpreadEx Responsible Gambling Policy

SpreadEx also takes responsible gambling seriously. The operator is associated with both GamCare and GAMSTOP, two of the leading organisations offering support to those placing bets. Meanwhile, SpreadEx sports betting customers can set deposit limits and take breaks from betting, helping to promote responsible gambling at all times. 

A host of promotions are available to punters here, not only the SpreadEx Sports welcome offer. A SpreadEx Sport sign up offer is available to both spread and fixed odds customers. On top of this, SpreadEx sports betting ongoing promotions help to keep existing players satisfied. At the time of writing this SpreadEx review, the welcome offer available to fixed odds punters was worth a £50 bonus. 

In order to qualify, simply create a new account, before placing a fixed odds bet of at least £25, at odds of 1/2 or greater. Upon your qualifying bet settling, you will receive 5 x £5 free fixed odds bets and 2 x £5 free Total Goals spread bets + 50 free spins on Starburst. There are no strict terms and conditions to worry about. However, it is important to note that your SpreadEx Sports bonus will not be available to withdraw. Instead, only winnings made from free bets will be withdrawable. 

The table below provides a breakdown of the SpreadEx betting welcome offers, as well as select other promotions. 

Spreadex Sports offer Offer description Wager requirement Min qualify

 odds

Offer

expiry

Min

deposit

SpreadEx Sports Welcome Offer – Fixed Odds Get £50 in bonuses n/a 1/2 28 days £25
SpreadEx Sports Welcome Offer – Spreads 2 free £5 spread bets + up to £300 cashback n/a 1/2 28 days £10
SpreadEx Sports – First Scorer Insurance Up to £25 free bet  n/a n/a n/a

Any SpreadEx review worth its weight in goals must cover a variety of areas. Before signing up, punters will want to know exactly what is on offer on the SpreadEx sportsbook. Our SpreadEx Sports review will discuss everything from sports covered and odds to in-play betting and customer service. So, let’s dive right in, starting with which sports are available on Spreadex.com Sports:

  • In-Play Betting

There are plenty of daily in-play markets at SpreadEx too. Punters can filter markets by sport, league and time, with detailed, simple and tiled views being available to choose between. SpreadEx also displays the television channels where you can watch events, as well as when live streaming is available. Odds are updated almost by the second, based on what is taking place on the pitch, court or track. Football, tennis, cricket, basketball and eSports feature heavily when it comes to live betting. Both fixed odds and spread betting in-play betting options are found, with excellent odds being on offer too. 

  • Live Streaming

Live streaming is very much available at SpreadEx. Football, horse racing and tennis events are streamed daily from around the world, along with other sports. This feature was only added in 2021, upon SpreadEx forming a partnership with broadcaster Eurosport. While you will not be able to watch football matches from the Premier League or tennis matches from Wimbledon, a large number of events are still covered. Ensure that you have a funded sportsbook account in order to access streams. 

  • Customer Service

24/7 customer service is available at SpreadEx. Punters can communicate with members of staff via telephone, email and live chat. It is the latter that is the most efficient, while SpreadEx is also active on Instagram, Twitter and YouTube. SpreadEx’s contact details are listed below:

 

  • Payment Methods

Unfortunately, just a small number of payment methods are available to those signing up at SpreadEx. For those in the UK, it is Visa, Mastercard and bank transfer that can be used. Deposits are instant, while withdrawals take between 1-5 days. Meanwhile, there are no processing fees to worry about.

SpreadEx Sports Odds and Value

Odds at SpreadEx are certainly competitive. While better prices can often be found on other sportsbooks, those signing up at SpreadEx will not be let down by the odds on offer. SpreadEx has very few competitors, especially when it comes to spread betting. Odds are most attractive when it comes to in-play markets. As such, those with an expert sporting knowledge can find value on a regular basis. 

Which Sports Can I Bet On with SpreadEx Sports UK

Just over 20 different sports are available at SpreadEx. While this is not as many as other online bookies, it will still meet the needs of most punters. As you would expect, football, horse racing, tennis and cricket feature heavily. Meanwhile, American football, basketball including NBA betting, eSports, golf, motor racing and more can be bet on too.

Pre-match, in-play and outright markets are available, with virtual sports games also getting underway every few minutes. Bets can even be placed on political events, such as the US Presidential election. The complete list of SpreadEx sports can be found below:

  • American football
  • Australian Rules
  • Basketball
  • Boxing
  • Cricket
  • Darts
  • eSports
  • Football
  • Golf
  • Greyhounds
  • Handball
  • Horse racing
  • Motor Racing
  • Politics
  • Rugby League
  • Rugby Union
  • Table Tennis
  • Tennis
  • UFC
  • Virtual Sports
  • Volleyball

SpreadEx Sports Promo Code

When looking to take advantage of the SpreadEx welcome offer, it is worth noting that there is no need to enter a promo code. Instead, simply opt in to receive promotions at the time of registering an account. Then, place a qualifying bet, ensuring that you consider the SpreadEx sign up offer terms and conditions. Should a SpreadEx Sports promo code be introduced in the future, we will update this content. 

Hottest UK Betting Promo Codes

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New Players Only. Minimum stak... New Players Only. Minimum stake £10, minimum odds 1.5, stake...

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Min deposit £/€/$10 • A qualif... Min deposit £/€/$10 • A qualifying bet is a ‘real money’ sta...

Min deposit £/€/$10 • A qualifying bet is a ‘real money’ stake of at least £/€/$10 • Min odds 1/2 (1.50) • Free Bets credited upon qualifying bet settlement and expire after 7 days • Free Bet stakes not included in returns • Casino Bonus must be claimed within 7 days • To withdraw bonus/related wins, wager the bonus amount 40 times within 14 days • Casino Bonus expires after 60 days • Withdrawal restrictions, payment methods, country & Full T&C’s apply.

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New Players Only. Minimum stak... New Players Only. Minimum stake $/€/£ 10, minimum odds 1.5,...

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29/08/22 Date Posted
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9.5 4.5 Stars

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New UK customers only. Registe... New UK customers only. Register using the promo code WELCOME...

New UK customers only. Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £20 in Free Bets to be used on Sports, £10 in Free Bets to be used on Lotto and 50 Free Spins (20p per spin) credited within 48 hours of bet settlement. Further £20 in Free Bets credited 5 days after settlement. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.

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22/09/22 Date Posted
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New customers only. Sign up us... New customers only. Sign up using the bonus code ‘MATC...

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Part of the appeal of SpreadEx is just how easy it is to get started with. Whether you are looking to place fixed odds or spread bets, signing up takes a matter of minutes. Below is a step-by-step guide for getting started at SpreadEx Sports UK:

Step 1: Visit SpreadEx

Enter the SpreadEx website via desktop or mobile. Alternatively, download the SpreadEx Sports app. Spend a few minutes familiarising yourself with the layout. 

Step 2: Register An Account

Click/tap on the “JOIN” button. Complete the registration form by providing the necessary personal details. Newcomers must also create a unique username at this point, as well as a memorable password. Opt in to receive promotions and accept the bookie’s terms and conditions.

Step 3: Verify Your Account

After confirming your new account, click on the verification link found inside your welcome email. This is why it is important to provide an active email address.

Step 4: Deposit Funds

Login to your account using your username and password. Deposit money using your preferred payment method. You are now ready to place fixed odds or spread bets. 

While the SpreadEx sports betting site is fully functional when accessed via mobile browsers, it is the SpreadEx sports app that is the most efficient option. Available to download for free on iOS and Android devices, the app is significantly quicker and easier to use. 

With Face/Touch ID login, bet builders, live streaming and pre-match statistics, the app rightly has a rating of 4.7 on the App Store and 4.0 on Google Play. Like all betting apps, the SpreadEx sports app requires regular updating. However, you will certainly not be disappointed after downloading it, as it will save you time and effort in the long run. 

How to Claim the SpreadEx Sports Welcome Offer

The SpreadEx Sports welcome offer is well worth taking advantage of. For fixed odds account holders, £50 worth of bonuses are up for grabs. The process involved is relatively simple too. Below is a step-by-step guide for claiming your SpreadEx Sports bonus:

Step 1: Register An Account

Enter the SpreadEx sports betting site via desktop or mobile. We recommend using a desktop to sign up where possible. Click on the “JOIN” button, located in the top-right hand corner of the page. Complete the registration form by entering your personal details, including full name, email address, country of residence and nationality. You must also create a username and password at this stage too. Complete step 1 by opting in to receive promotions, before accepting the SpreadEx terms and conditions and clicking on the “CONTINUE” button. 

Spreadex egister

Step 2: Deposit Funds

Login to your account using your username and password, before accessing the “Banking” page. Select your preferred payment method and enter the value. Enter your payment details, before confirming the transfer. Remember that you must deposit at least £25 in order to qualify for the SpreadEx Sports sign up offer. Wait a few seconds for the money to clear. 

Spreadex deposit

Step 3: Place Qualifying Bet

Browse SpreadEx Sports UK betting markets, focusing on sports that you have a good understanding of. Place a fixed odds bet of at least £25, at odds of 1/2 or greater, within 28 days of registering. 

spreadex bet slip

Step 4: Claim Bonus

Whether this bet wins or loses, you will receive 5x £5 free fixed odds bets + 2x £5 free Total Goals spread bets + 50 free spins on Starburst. The first £5 free bet is delivered on the first day, with one £5 free bet delivered on consecutive days. 

Step 5: Spend Free Bets

Free bets can be used on any SpreadEx sportsbook market. There are no minimum odds to worry about. Of course, the 50 free spins must be used on the Starburst slot, found on the SpreadEx Casino. 

One of the few areas of our SpreadEx Sports review 2022 in which the operator does not score so well is banking. Just a few payment methods are available, with popular e-wallets, prepaid cards and cryptocurrencies being absent. 

As a result, most punters in the UK will use a debit card, with credit cards having been banned for gambling purposes since 2021. The table below shows the payment methods awaiting customers, with the SpreadEx Sports withdrawal time sitting at between 1-5 days:

Banking Method Fees Min Deposit Min Withdraw Withdraw times
Visa/Switch/Maestro None £10 £10 2-5 days
Bank Transfer None £10 £10 2-5 days
Cheque None £10 £10 2-5 days
Direct Debit None £10 £10 2-5 days

SpreadEx Customer Service

SpreadEx features 24/7 support. There is a SpreadEx Sports customer service number, one for general enquiries and one for the sports desk. Members of staff are also on standby via email and live chat. Messages sent to [email protected] are responded to within 48 hours. Meanwhile, agents become active via live chat in under 30 seconds in most cases. 

Like many online bookies today, SpreadEx is also active on social media. YouTube, Twitter, LinkedIn and Instagram offer alternative methods of communication. The SpreadEx Sports website also features helpful guides, surrounding spread betting and other important topics. 

Like any betting site, SpreadEx Sports comes with both pros and cons. Our SpreadEx review has enabled us to be in the best possible position to deliver the operator’s main strengths and weaknesses, listed below:

Pros:

  • Live streaming on several sports
  • Separate welcome offers for fixed odds and spread betting customers
  • Efficient mobile betting app on iOS and Android devices
  • 24/7 customer service via live chat
  • Detailed spread betting guide

Cons:

  • Small number of payment methods
  • Only a few ongoing sports betting promotions

SpreadEx Sports Online Casino 

A SpreadEx casino review will complete things. The casino features hundreds of slots, as well as video and live dealer Roulette and Blackjack. Baccarat, Poker, Dream Catcher and Sic Bo variants are also found. Games come from top software providers, including NetEnt and Red Tiger Gaming. Unfortunately, there appear to be no casino promotions to speak of, including welcome offers. However, the SpreadEx casino is certainly easy to use on desktop and mobile. 

Our Verdict on SpreadEx Sports

There are plenty of reasons as to why SpreadEx is rated as one of the UK’s leading sports betting sites. With both fixed odds and spread betting options, as well as financial trading, SpreadEx has a fantastic reputation. It is completely justified too, with the operator performing well in most areas.

Perhaps the number of payment methods and small number of ongoing promotions are the only real limitations to speak of. However, we enjoyed taking advantage of features including live streaming, cash out and virtual sports. With a £50 SpreadEx Sports bonus being available when signing up too, be sure to check out SpreadEx sportsbook for yourself. 

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

What is Spreadex?

Where can I find a trusted Spreadex Sports review in 2024?

How does sports spread betting work?

Is Spreadex legit?

Does the SpreadEx sportsbook feature live streaming?

What is the SpreadEx Sports withdrawal time?

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.

Updated: 26 March 2023
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