Plus Best Odds On All Premier League Matches (fixed odds Match Odds, pre-match v top 5 bookies on Oddschecker). Full T&Cs apply.

Plus Best Odds On All Premier League Matches (fixed odds Match Odds, pre-match v top 5 bookies on Oddschecker). Full T&Cs apply.

SPREADEX SPORTS BETTING REVIEW

Updated: 29.07.2025

Plus Best Odds On All Premier League Matches (fixed odds Match Odds, pre-match v top 5 bookies on Oddschecker). Full T&Cs apply.

RATING

Overall Rating

87%

Betting Markets

95%

Odds

85%

Bonuses & Promotions

90%

Payment Options

75%

Mobile Experience

90%

INFO

  • Website: http://www.spreadex.com
  • Year Established: 1999
  • License: UK Gambling Commission
  • Live Chat: Yes
  • Mobile Apps: Yes

ADVANTAGES

  • Outstanding track record
  • Good outright soccer markets
  • Worldwide racing coverage
  • Live streaming available
  • Fixed odds & spread betting

Although the realm of sports betting continues to expand widely and rapidly, Spreadex provides something of a rarity. This is a website that isn't completely absorbed in the business of sports betting. In fact, it's only half a sports betting platform. The other half? That's devoted to trading in financial markets—think forex. Still, if you are a sports bettor, you can find all the necessary ingredients here to make it a solid destination and not just a diversion on your way to the next sportsbook. So, before you get any deeper into the potential pit of sports betting, remember to consider all your options and to don't overlook Spreadex, just because half its content is given over to something other than sports betting.

Spreadex distinguishes itself by making spread betting its primary offering. This relatively new form of betting presents a whole new set of opportunities for the seasoned gambler. But if you're not so seasoned, or if you just want to play it safe and keep to a simpler form of wagering, Spreadex also offers the more traditional fixed odds betting.

All the crucial specifics on the spread and fixed odds markets at Spreadex are concentrated in this article. We'll also have a close look at their promotions, mobile offerings, and customer service, along with some other important details. So, if you're ready, let's get straight into it.

Spreadex Sign Up Offer

Spreadex is not your average betting site, and it differs in a couple of substantial ways, but they do still have a sort of welcome offer in place. And it's not just any offer; it's one of the largest on the market right now, and it can deliver some truly hefty returns.

The sign up offer is called '£300 Cashback'. As the name implies, it can furnish up to a striking £300 in recompense within your initial 28 days with Spreadex. From a practical standpoint, it operates the same way as a traditional 'Match' welcome offer, where your bets made during the eligible time frame are matched by the betting operator. Though these offers usually equate your funds to free bets, here you receive it in the form of cash. It matches the money you put in, and then some. Reaching the £300 limit could earn you a brand-new iPad.

Spreadex New Accounts – Spreads
Spreadex - Bet £10, Get 2 X £10 Bets
Valid only when applying through a link from one of our partner sites. Qualifying fixed odds bet must be at odds of 1/2 or greater and cannot be...Show More
Valid only when applying through a link from one of our partner sites. Qualifying fixed odds bet must be at odds of 1/2 or greater and cannot be placed in-play or cashed out early. First free bet will be credited upon settlement of the qualifying bet. Second free bet will be credited the next day. Offer must be claimed within 28 days of opening. Free bet stake not included in any winnings. Full T&Cs apply. 18+ begambleaware.org Show Less

Let’s take a closer look at exactly how to use the Spreadex £300 Cashback welcome offer:

This offer might seem too good to be true. The few T&Cs that exist do nothing to diminish the appeal. These are the important ones:

This welcome deal is undoubtedly one of the best at the moment in the market and the value that it gives is just exceptional. It allows you to have a free bet for the first 28 days after you register with them. What is even better is that you can refund your stakes if you simply miss out on winning, up to an extremely generous amount of £300. The fact that you get this amount back in cash, rather than as a kind of 'prop bet' that's essentially a free bet, makes this platform ahead of the game.

Spreadex Ongoing Promotions

Spreadex's first offer is absolutely fabulous. As with any offer, however, it can't be forever, and this one is no exception. But what happens after the initial offer and the first few wagers? No one wants a ghost town of a betting site, so it's gotta have something in the way of continued promotions to pull you back in moment after moment.

Spreadex is in a bind. Despite having eight other listings on their 'Promotions' page, just two can be deemed actual special offers. The rest fall under the category of bonuses, like betting tips and an online journal, that you receive upon signing up. Here's a list of what you can expect to find on the 'Promotions' page.

Although there are not many ongoing promotions at Spreadex at the moment, their quality is undeniably high. Let us examine both of them more closely.

Spreadex Spread-Free Bets
Spreadex-Free Bets
Spreadex gives you the chance to get spread-free bets (i.e. bet at the mid-point of the spread at the market mid-point instead of the top or bottom of the spread). To qualify, place 3 sports spread bets online on the same sport’s qualifying market listed on the official Spreadex-Free Bets promotion page within 10 minutes. Then, place a 4th spread bet on the same market spread-free. This offer can be claimed as many times as you want on any sport markets listed on the official Spreadex-Free Bets promotion page, when you meet the qualifying criteria. 18+, T&Cs apply.
Spreadex Refer and Earn
Spreadex Refer and Earn
Get a risk-free £100 Total Goals spread bet for any active friend referrals you give Spreadex. To qualify, tell a friend about Spreadex and when that friend opens an account with Spreadex, have them mention your name and postcode on their Welcome Call from Spreadex’s account team. Your friend must then place 5 qualifying sports spread bets (£2 minimum stake, each able to win and lose £20). Once these bets have been placed, you can place a £100 Total Goals spread bet by clicking on the ‘Claim a Free Bet’ option on the bet slip. 18+, T&Cs apply.
Spreadex New Accounts – Spreads
Spreadex - Bet £10, Get 2 X £10 Bets
Valid only when applying through a link from one of our partner sites. Qualifying fixed odds bet must be at odds of 1/2 or greater and cannot be placed in-play or cashed out early. First free bet will be credited upon settlement of the qualifying bet. Second free bet will be credited the next day. Offer must be claimed within 28 days of opening. Free bet stake not included in any winnings. Full T&Cs apply. 18+ begambleaware.org
Spreadex New Accounts - Fixed Odds
Spreadex New Accounts - Fixed Odds
Create a Spreadex account and get up to £25 in Free Bets when you place a £25 bet at minimum odds of 1/2. Get 5 x £5 Free Bets. Or, place a smaller qualifying bet at minimum odds of 1/2 to get different amounts of free bets (i.e. £15 initial bet = 3 x £5 Free bets). Free Bets are added to your account on consecutive days. Free Bets must be claimed within 28 days of opening. Free bet stake not included in any winnings. 18+, T&Cs apply.

Spread-Free Bets

Spreadex free bets

If you are unfamiliar with sports spread betting, we recommend that you read the next section without delay. If you are familiar with this form of wagering, then you fully grasp why we consider this particular offering to be quite enticing.

To score this deal, you must make three distinct but similar wagers in a short amount of time: 10 minutes, to be exact. Choose any spread bet in the same sport you love, and place it in the 10 minutes between either the first and second qualifying bet or the second and third. When your bets are in, you get to make one last bet in that same sports market that is completely spread-free. Which means you get to make just a simple wager in the same market right at the midpoint of the spread. No spreads in sight.

Eligible markets are many, which means even more options for finding a bet to fancy. You can activate this offer as many times as you like, as long as you meet the play-through requirements each time. More on that below.

Refer And Earn

The Spreadex Refer and Earn scheme starts off quite typically. After your friend registers, all they need to do is mention your name and postcode when they have their first conversation with the accounts team for you to get the credit—it's almost like a front-of-the-house role that a referrer plays until the referrer earns their reward. Once it gets beyond the initial setup, it's somewhat of a typical promotion constructor. After the friend is signed up, they must then place qualifying bets: a minimum of five spread bets, each of at least £2, with the friend doing this within 28 days of signing up.

Upon completion of this task, you will receive an enormous, risk-free wager of £100, which must be placed on a market involving 'total goals' for it to count. If you win said wager, you will then possess a nice sum of money. If you should happen to lose the wager, do not be alarmed; in a manner most befitting the British, we shall make your loss whole within 24 hours.

It's almost too good to be true. In essence, if your friend is betting, this is a risk-free bet for you to make. Your friend parts with only ten pounds to make a ten-to-one bet that doesn't pay off if the outcome is what most people think it will be. If the outcome is what most people think it will be, you get a hundred pounds. If the outcome isn't what most people think it will be, you get a hundred pounds. And yet, somehow, you have a risk-free bet.

Spreadex Markets And Betting Markets

Spreadex is a sports betting website that also offers something else entirely. You see, half of its platform is devoted to financial trading, and yet somehow—miraculously, it seems—it manages to provide a pretty good range of competitive sports markets.

Undoubtedly, that choice is still much nearer to what you would find at the most famous betting houses, like William Hill and Ladbrokes. You can make a bet on fewer than 20 different kinds of sport, which is much lower than the 25-30 kinds you would associate with a real, premium sportsbook.

However, all the top sports that people wager on are here and accounted for. It won't surprise anyone that football/ soccer gets the lion's share of the attention, in terms of both the number of markets and its overall prominence on the site. What is nice to see, though, is how well Spreadex caters to the second most popular sport in terms of online betting, which is horse racing, as they also offer a vast amount of markets for that particular sport.

You will find that most of the other prominent markets are very much in place and support this major duo. These include golf, tennis, rugby, cricket, and boxing. The UFC is present, as are the North American leagues like the NFL, NBA, and NHL, with a nice sprinkling of eSports markets to boot. The conspicuous absence of motorsports here is surprising, as is the lack of darts. Overall, though, this selection of betting markets should still prove good enough for most punters to make their requisite studies and have a (fairly) informed opinion.

Spread Betting Vs Fixed Odds Markets

Spreadex is a spread betting company, and rightly so since this is its specialty. True, we can find markets for fixed odds as well, but they are clearly secondary to what this company does best. If we are to examine the underlying principles of spread betting with any depth, we must first establish exactly what is meant by the term.

For regular sports bettors who inhabit this domain, the most obvious comparison to draw is with the Over/Under market. American football serves as a suitable example. Over/Under 2.5 Touchdowns is a standard bet. If you believe there will be three or more touchdowns in a game, you take the over. If you think there will be two or fewer touchdowns thrown, you take the under. Spread betting works in an analogous fashion. You are given a total for a certain market and must decide whether to Buy (total will be over) or Sell (total will be under).

An essential distinction must be made clear. Instead of having one set figure, there is a spread, a range of outcomes, that you must consider. You cannot wager within that spread. You must go either under or over it.

Imagine you are betting on the number of corner kicks in a soccer match. The market is set at 8-10. If you think there will be more than 10 corners, you buy the market. If you think there will be fewer than 8 corners, you sell it.

One more key difference between fixed-odds betting and spread betting is this: In fixed-odds betting, your outcomes are binary—either right or wrong. In spread betting, it's a little more intricate. It's not just about being right or wrong; it's about how right or wrong you are.

Return to the same example for clarity: total corners in a match with an 8-10 spread. The match takes place, and the result is 13 corners.

If you had placed a bet with a £5 stake when buying the spread, you would have made a £15 profit. There were three corners above the high end of the spread, which means three above the maximum, and so our hypothetical bet made a profit during which time there were three corners above the maximum. Three (the number of corners above the spread) multiplied by five pounds (the amount of money I staked on the bet) equals fifteen pounds.

If you had sold the spread with a stake of £5, you would have lost £25. You see, there were 5 corners over the lower limit. The calculation looks like this: 5 x £5 = £25.

It is therefore essential to highlight one more important difference between these two betting types. In fixed odds betting, your possible profits and losses are clearly laid out from the start. In spread betting, they are not.

Football

Spreadex has concentrated the majority of its energy on the sport that draws in the most bets placed online. Despite the fact that its football section is not the clearest we have encountered, giving you a torrent of numbers all at once, and lacking a proper introduction or section overview, it more than makes up for it with an astonishing market variety.

All of the principal national, continental, and international competitions are present, from the Copa Mundial de la FIFA to the countless different competitions in various forms of football across the globe, and they all provide hugely varying chances to have a flutter. Yet this betting site doesn't just stick to the continental football of Europe and the various forms of football in North America; there's loads of action to get involved with from football contests in all corners of the world, from the Indian Football League to the Australian A-League.

You can also place your bets in a number of different ways. A few of the types of straight fixed odds bets that we support are:

Countless spread betting opportunities are found across different types of markets, such as Total Goals, Corners, and Bookings. Adding to the diversity, there are plenty of outright markets available on major events that happen to be the center of attention, including the Premier League, the Championship, La Liga, and Ligue 1.

Horse Racing

Commonly, non-premium sportsbooks do not feature horse racing, so when we found it here, we were particularly pleased.

The portion devoted to racing is incredibly striking, demonstrating not just the events from the UK and Ireland but also from places like France, South Africa, the USA, and Australia. You're not confined to just the typical fixed-odds wagers when betting on these racing events, either. In fact, there are loads of ante-post markets where you can really get your hands dirty.

Tennis

When wagering websites do not completely grasp the sport of tennis, they make themselves vulnerable to being defeated over time. We are extraordinarily pleased to announce that Spreadex is not within that classification. Instead, they have an admirable comprehension of the sport, which manifests itself in the way they cover it.

All the tournaments are there to wager on, as you would expect, with both match-by-match and outright markets. Yet, there is an unending stream of other wagering opportunities, with events from both the men's and women's tours represented. Once again, both spread betting and fixed odds markets are included, but if you go beyond the basic bets, you'll find plenty of variety in how to do it.

Live Betting

The intimacy and depth of Spreadex's pre-match betting is something we have always admired. We are therefore delighted to inform you that the same applies to in-play betting. In fact, if you are someone who likes to bet while an event is going on, we very much encourage you to check out Spreadex, as they have an entire section dedicated to in-play markets. In-play betting is also conveniently available from the left-hand menu wherever you are on the site.

In this place, you can place bets on all the same sports, and pretty much enjoy as much variety as you'd like when it comes to the fixed odds and spread bets they offer. Live betting is equally workable and, in a few ways, better. Although the pace at which the odds update isn't as swift as we've seen, actually placing and cashing out live bets is quick and simple.

OUR PICK
Spreadex
Plus Best Odds On All Premier League Matches (fixed odds Match Odds, pre-match v top 5 bookies on Oddschecker). Full T&Cs apply.

Spreadex App & Mobile Betting Options

spreadex MOBILE

Spreadex is a way of betting on sports that is almost all of the important modern means. This applies most pleasingly to their mobile features, too.

To start with, Spreadex provides mobile applications for both iOS and Android operating systems, which are directly available from the App Store and Google Play, respectively. On Google Play, the Android app has a meager 17 user reviews, which is too few to really tell what the general consensus of the app is among its users. However, the iOS app on the App Store has a pretty high average rating—an impressive 4.75 out of 5 across over 130 ratings.

The layout of the app is dramatically different from that of the main site. In all visual aspects, the app is simplified to suit the smaller screens of mobile devices. Instead of a numbers-heavy desktop that offers a zillion different ways to bet on a game, the app is streamlined and presents you with the few odds that matter. You see less visual clutter right off the bat, and the utmost essential betting info is on the app's home screen. From there, it gets very straightforward without any left turns; you pick a sport, you pick a game, and you get line after line of betting market opportunities. If you want a bet on the Super Bowl, the app can serve it up. The same goes if your desire is to bet on the water polo or rugby. The only limit is how much you're willing to wade through all the odds.

The navigation scheme is broad and well executed. At the very top are three clear sections: All Sports, In-Play, and On Soon. A second-level menu beneath that gives access to the open bets, account management, and betslip. There are a couple of other nice touches, too, like the ability to log into your account using either Touch ID or a pin number.

If you would rather not use the mobile app for some reason, the mobile site is a wonderful substitute. It shares the same intuitive layout, and all the site’s most vital features have been carried over to it. In fact, the mobile site is so functionally and visually similar to the app that most users would find it hard to tell them apart.

Spreadex Bookmaker Features

Spreadex lacks the ability to compete with the major industry names when it comes to special features. But really, we wouldn’t take this as a mark against them. Quite the contrary, we found ourselves pleased with what we came across in this regard.

You can access live streaming. Horse racing is included in this, although at present only the American racecourses seem to be covered. You can also see British greyhound racing, and tennis matches from all over the world. Even where live streaming isn't an option, Spreadex do a great job of keeping you up to speed with their in-play features. This is a term used in the betting industry that essentially means, 'betting while the match is happening.' This includes not only a visualisation tool to show you what's happening in the match, but also an entire 'Stats Centre' that gives you pre-match and live statistics for both sides. You can access live streaming from across the pond.

Elsewhere, Betfair features a solid same-game multi option. This can be used on a wide range of soccer match-ups—not just the biggest events— and, like most such devices, it makes the construction of same-game multiples easier. Betfair also has a good soccer match coverage.

Spreadex Sign Up Process

At first glance, Spreadex, which centers on spread betting, might come off as a bit daunting. This platform, however, is a well-oiled machine, and spread betting is well handled. The developers of this site have done a good job of making it all accessible—right from the sign-up process, which is simple enough to be almost unnoticeable. After that, everything makes sense and is easy to navigate.

To place a bet, first navigate to spreadex.com. Choose, if prompted, to bet on sports instead of on financial trading. Once you have made that selection, direct your attention to the upper right corner of the screen, where you should see the option "Join." Click on it. You will soon observe the first screen, on which you must provide a series of personal details. You have to provide your name, email address, and country of residence. At this step, you also create a password and user name. After you finish all of that, simply agree to the main terms and conditions and hit 'Next'.

In the next step, you would provide some extra essential information about your identity, like your date of birth, phone number, and where exactly you currently reside. You would then proceed by selecting a button that says 'Save Details' and move on to the next phase, which is actually not so much a phase as it is just an extra step that Spreadex has to require in order for you to proceed. What happens next? You answer a few quick questions that Spreadex is mandated to ask, like 'Do you live in the United Kingdom?'

Account Setup Setting a security question, selecting your currency, and even requesting a credit limit are all optional. When you finish, click 'Finish Application.' You now have an account and may deposit funds, bet, and otherwise engage in gaming activities.

Spreadex ID Verification Process

Verifying IDs may be one area where the experience differs significantly for an online betting customer vis-à-vis a regular online sportsbook. With a traditional sportsbook, the ID verification process should already be in place and running smoothly by the time a customer is placing their first bet. With Spreadex, this is not the case. You might almost say that Spreadex's ID verification is almost set up to fail, with an extremely high likelihood of a customer being unable to verify their identity.

A standard sportsbook is required by law to confirm who you are. This does not have to happen right at registration, but it must definitely occur at some point before you can ask for any money to be paid out to you for the first time. At Spreadex, this is shockingly not the case. They seem to operate in a legal gray area, allowing you to open an account, fund that account, and even cash out without having to go through the first hassle of sending in an ID. This offer carries a lot of risk but little reward.

Even so, there isn't a true verification method, but Spreadex does maintain the right to request your ID when they find it necessary. Most of the time, this is just because they need to make sure of some particulars you provided during sign-up. If this is the situation, they'll request photographic ID (e.g., a passport or driving license) from you, and also proof of address (e.g., a bank statement or utility bill).

Banking Options

Spreadex is, for the most part, similar to standard high-end sportsbooks, even if the internal mechanics of actual wagering are different. There are, however, some areas of comparison where it certainly does not hold its own, and that is in the area of banking (i.e., depositing and withdrawing funds).

Only a few methods exist for depositing funds into your Spreadex account. You can almost exclusively utilize the old-fashioned methods: credit card, debit card, or bank transfer—and feel free to send a check if that’s your preferred payment method. They don’t support e-wallets or prepaid cards. On the plus side, if you don’t dislike these decidedly vintage ways of putting money into an account, you can deposit as little as £10, which is the industry minimum, and the payment will process instantly. You’re also not going to encounter any fees, which is pretty much the ideal scenario with any payment method.

The same options are available to you for cashing out, except for cheque. Withdrawals to debit/credit cards are free and should arrive within three working days. If you select bank transfer, the arrival time is also three days, and this option is free, too. But if you want to get your bank transfer on the same day, the company offers that express service for £25.

Spreadex Layout

Making a first impression on new visitors is not Spreadex's strong suit. They welcome you with a numbers-centric approach, and that means there is an awful lot of data just hanging out in your line of sight from the get-go. You can't really bypass or sidestep it. In its default state, the Spreadex site is a bit too much.

Persist, and shortly you will appreciate the manner in which Spreadex is arranged. It might not be the most attractively offered site, but this information-driven platform arranges an astounding quantity of data at its very surface. Take the homepage, for instance. It displays not only fixed odds but also spread prices across a whole slew of markets—57, to be exact, at the present moment. Once you have these two fronts down, you are set to view the rest of Spreadex, blemishes and all.

It is very easy to find your way around the platform. You can get to any sport you want using the menus that are always at the top of your screen, for example. Markets are always right there, too, because there are always another set of menus down the left-hand side of the screen to get to whatever you want. And you can also get to the 'My Account' section from the top menu to make deposits and withdrawals, check your account history, and so on, anytime you like.

Customer Support

If you have not before employed a spread betting platform, you will most likely require a small amount of additional assistance when you first commence using one. Fortunately, there is ample assistance to be had from Spreadex.

Reaching the Vecteezy support team is very straightforward. You can contact them through a chat function that is almost too easy to access; it is reached via a button that is always available at the bottom-right of your screen. If talking isn't your style, help is also accessible by way of phone and email. The only drawback is that their hours aren't very long—just from 08:30 to 17:30. But they are available every day of the week.

We must also acknowledge the assistance provided by the Spreadex help center, which is truly wonderful. It contains multiple sections with FAQs, each addressing a different facet of the platform. The amount of information contained within these sections is quite extensive. And yet, for a newcomer to spread betting, it all must be viewed with a certain equanimity if one is not to become overwhelmed. But no one is left to walk this frighteningly tricky path alone; there is also an entire glossary in which the appearance and meaning of almost any and every term likely to be encountered is broken down and explained. If you desire real, truthful assistance—beyond the information found in the FAQs—the help center has a way to contact customer service.

Company Details

Spreadex might not be a household name in the gambling world, but they actually have a long and serious history. Founded in 1999 by former City trader Jonathan Hufford, Spreadex has aimed at the spread betting market and they do it pretty well.

This method has functioned splendidly for a couple of decades now. Spreadex took over several of its rivals in the early 2010s, such as Extrabet and MF Global Spreads. In 2017, the Financial Times also named them one of Europe's 1,000 Fastest Growing Companies.

Spreadex is now located in St Albans, Hertfordshire, England, and they have a full license with the British Gambling Commission for their operations in the UK. Spreadex had been in business for 16 years at that point in time.

Spreadex Bottom Line 

Some platforms can be a bit suspect if they aren't focused entirely on sports betting. Spreadex isn't wholly about sports betting, and that's mostly where Spreadex focuses its attention. This is a platform where you can also dabble in a bit of financial trading.

However, we are pleased to announce that this need not be a concern here. Spreadex has set up a truly wonderful betting platform. Their bread and butter, of course, is spread betting, which—while it can be a bit more wild than good old-fashioned gambling—is capable of delivering some decent returns and, for experienced bettors, may serve as a bit of a palate cleanser. If you would, though, prefer to bet using fixed odds, you can do that on Spreadex, too.

This betting site is excellent all around, and there's a lot to offer for any punter. It looks very busy at first but is quite intuitive once you dive in. Customer service is available and friendly; all and more of your common problems can be solved here. The one area where the site could improve (and some sites do improve) is in ongoing promotions for existing customers. But that's a minor shortcoming compared to the brilliant "£300 Cashback" welcome offer that almost obliges you to sign up and start using the site.

Oliver Johnson

Oliver Johnson

Based in the UK, Oliver Johnson is a well-versed gambling analyst with over ten concentrated years of work assessing online casinos. His perspective is unlike that of most reviewers, who hold a relatively limited and safe knowledge base. Johnson has a direct and deep grasp of the UK online casino scene—an understanding that comes only from real, serious, and prolonged engagement with the subject matter. When he hands down a verdict, it is a moment well worth listening to.

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