Spreadex Review 2024
5.0 rating
Spreadex Review 2024

UK sportsbook & casino overview

Sign up on Spreadex
18+. Only available to new, verified customers residing in the UK. Place a smaller qualifying bet and get different amounts of free bets. E.g. £20 initial bet = 4 x £5 free bets, £15 initial bet = 3 x £5 free bets etc. Minimum of £10 initial fixed odds bet will also mean 2 x free £5 Total Goals spreads bets. T&C apply.
Last check 13 Jun. gb 129 copies this week

Spreadex Overview

As a sportsbook operator for the past 25 years, we’ve taken the time to look at the Spreadex reviews and make our own conclusion on a Spreadex review. With award-winning support, live streaming options, casino games, fixed odds and a fantastic welcome bonus, Spreadex is one of the most underrated sportsbooks out there.

Their app could do with some work, and their website isn’t exactly the best either. Nevertheless, you can get a lot from Spreadex, including Spreadex horse racing and more bonuses as you go along. So, let’s take a deeper dive into this Spreadex review.

Top features

  • Live Betting & Streaming
  • Early Cashout
  • Accumulators
  • Same-Game Parlays
  • Real-Time Betting
  • Spreadex Trading
  • E-sports
  • Virtual sports

Rating

  • Bonuses & Promotions
    4.0 rating
  • Security & Trust
    5.0 rating
  • Betting Market Variety
    3.5 rating
  • Mobile App
    3.0 rating
  • Payout Speed
    4.0 rating
  • Customer Support
    4.0 rating

Spreadex Review 2024: Promos, spread bets, app, & features

In this Spreadex review for 2024, we’ve reviewed all its features on the website and apps, consulted other Spreadex reviews, and delved deep in this Spreadex sports review.

I'll discuss various features so you can get a clear view of what Spreadex offers. I'll also test their customer service and analyse the bookmaker's security measures and whether they have a history of network breaches.

Below are the standout weaknesses and strengths of Spreadex:

Spreadex strengths
Spreadex weaknesses

✅ Fantastic welcome bonus

❌ Average amount of sports to bet on

✅ Unique Spreadex Trading & spread bets

❌ Additional risks with spread betting

✅ Good customer service

❌ Average casino offerings

✅ Excellent amount of betting markets

❌ Average live streaming options

Spreadex Bonuses & Promotions | What's on offer in last update : June 2024?

spreadex betting review sportsbook uk

Spreadex Sign-up Offer

Our Spreadex review found them to have one of the best signup offers around, and we have a Spreadex review focused entirely on the Spreadex welcome bonus. When you sign up to Spreadex, you can get £40 in free bets when you bet just £10, making it one of the most worthy signup offers around in the UK right now.

To get the £40 bonuses, place a £10 fixed bet at odds of 1/2 (0.5) or higher odds. Once the bet is finished, you'll receive £40 as free bets for fixed and spread bets, which will be awarded to you in the form of two £10 fixed odd bets and four £5 spread bets.

There is another Spreadex signup offer where you can get £10 in spread bets and up to £300 cashback. To ensure you get this, should you choose this option instead, you must place a £10 fixed odds bet at a minimum of 1/2 (0.5) odds and be rewarded with two £5 total goals spread betting on football. You can also get up to £300 cashback, depending on how much you initially wager.

spread ex spread betting sign up offer

Spreadex Loyalty Program

Although loyal customers are rewarded with free bets, free spins, and other promotions for playing regularly with them, there is no official loyalty/VIP program at Spreadex.

Spreadex does have the SPREAD-FREE BETS, where if betting requirements are met, players are rewarded with free bets on spread bets each week. They are also currently offering a refer and earn scheme, where if you refer a friend and they place five qualifying spread bets (£2 min stake, each able to win and lose £20), you will earn a £100 total goals spread bet.

Spreadex Promotions for Existing Customers

This Spreadex review and our Spreadex sports review found that there are also other Spreadex promotions for existing customers. This Spreadex sports review found accumulator boosts of up to 75% along with the offers for new customers and the refer-and-earn offer.

To get this, place your accumulator bet with three or more selections from one of their qualifying football markets. You'll be able to pick between betting markets like match odds market, total goals, both teams to score, etc. with each leg increasing the bonus. Once you've placed your bet, you'll get a cash boost to your winnings.

There is also an array of horse racing options to get your hands on with Spreadex. One of these is the lucky double odds for a lucky 15, lucky 31 or lucky 63 bet.

There is also a ‘2nd To A Rag' insurance, where players can get money back as a free bet if their selected horse finishes second to a 33/1 or greater winner. Finally, Spreadex's ‘First Past The Post’ allows players to get paid out if their horse finishes 1st but is then demoted for causing an interference – Spreadex will also payout for the original winner.

Refer a Friend Bonus | Up to £100

With the SpreadEx Refer a friend bonus, players can get up to £100 for referring a friend and having that friend make a minimum of £5 spread bets. T&C apply.

spreadex promo refer and earn

Safety and Trustworthiness | Spreadex Legal Status

Spreadex is licensed by the UK Gambling Commission and the Financial Conduct Authority. What's more, ZENDESK, their live chat provider, complies with the data protection requirements of the EU data protection directive and is registered with the Information Commissioner's Office in the UK.

From looking at some of the reviews on Trustpilot, the App Store, Google Play Store, and Reddit, I see that Spreadex has commendable reviews. It has a 4 out of 5 star review on Trustpilot, a 4/5 star rating on the App Store, and a 4.4/5 rating on the Google Play Store.

Since beginning operations in 1999 and after winning a variety of awards for customer service and their products, we can confidently say that Spreadex is safe and trustworthy.

Spreadex License

Regarding fixed odds and casinos, Spreadex Ltd is regulated in the UK by the UK Gambling Commission, holding licence number 8835. This is crucial for player protection, as a player would otherwise be playing with an illegal bookmaker.

Furthermore, Spreadex Limited is authorised, regulated and registered by the Financial Conduct Authority under registration number 190941.

Spreadex External Sources Reviews

Below are some of the reviews we have found in this Spreadex review.

Review platform
Positive comments
Negative comments

app store coral reviews

Apple Store

“The main problem I have had in the past with other sports betting apps is that even though their User Interface is great and depositing is easy, the withdrawal process is problematic and they try to stop you from walking away with a profit. When it comes to Spreadex, I haven't experienced this, and within a few days, the money is in my account.”

“My only suggestion would be the UI could be massively improved, feels a bit vintage”

Google Play Store review

Google Play Store

“The payout is so quick not days not hours but minutes ...and also gives you free bets £5 on every deposit of £10 that's good value ...I would recommend this for anyone who likes to have a bet sit at home put a bet on and watch the live racing streams no more trips to the bookmakers lol...download and enjoy trust me..”

“Kinda weird to navigate at first but you get the hang of it. I think they should go for a BET365 layout, and splash some colour as well”

Trustpilot review

Trustpilot

The site is simple to navigate, the number of football bets available is great, and you can bet for small stakes. Far more enjoyable watching Football/Cricket/Rugby when you have an interest in the outcome, and Spreadex does that for you. I find them better than other similar sites.”

“Love the site, but I bet on tennis so it's very annoying that they have very limited tennis events based only on ATP and WTA”

Spreadex Markets to Bet On

There is quite a decent array of betting options for Spreadex sports betting. On the other hand, there are not quite as many options as you would get when betting with some of their competitors.

Nevertheless, some markets they offer are excellent for the 20+ sports they allow to bet on. The standard markets you would expect are available to be wager on, such as same-game parlays, accumulators, single bets, future bets, and even live betting options.

Spreadex Sports Review: Their Betting Market

SpreadEx
Sportsbook
Offerings

⚽ Football

🎯 Darts
🎾 Tennis
🏈 American football
🏓 Table Tennis
⛳️ Golf
🏏 Cricket
🏒 Ice hockey
🤼 MMA

🏇🏼 Horse racing

🏀 Basketball

🏐 Beach volleyball

🏎️ Motor racing
⚾ Baseball

🎮 E-sports

🏁 Greyhounds

🏉 Rugby League & Union

🤽 Handball

Football Betting

From this Spreadex sports review, we found that Spreadex allows you to bet on a range of markets, particularly in football, such as betting on a player to score a header, popular build-a-bets, goalscorer markets, winning margins, handicaps and lots and lots more. In fact, Spreadex's football betting markets are some of the best we've seen.

Spreadex football betting

Spreadex Casino Review: What Games are on Offer?

  • 🎲 Live Casino
  • 🎰 Slot Games
  • 💻 Online Casino

spreadex casino games

Live Dealers

We found a bunch of live dealers to play within this Spreadex casino review, including a live stock market. Popular live games like poker, baccarat, roulette and blackjack are all available, as well as exclusive game shows and even Monopoly live. In total, there are 55 live casino games in2024 at Spreadex casino.

Spreadex Mobile App | Spreadex Review

Firstly, it’s important to note that there are a few Spreadex apps from this Spreadex casino review and Spreadex sports betting review. Across both the App Store and Google Play Store, you can get your hands on the Spreadex sports betting app that also has Spreadex horse racing, the Spreadex online casino app and the Spreadex trading app.

spreadex mobile app iphone download from app store

None of the three apps had too many negatives after we downloaded and used them. We found no bugs, the download speed was quick, and with all three apps being separate, there is not too much to deal with on each one. Further, everything you can get on their website, including live chat, is available on the app.

Before downloading each app, we got more of an understanding by looking at the reviews from each app on the App Store and Google Play Store.

Source
Ratings
# of Reviews

Google Play Store

4.4/5

50k

Apple Store

4/5

2.5k

How to download Spreadex app on iOS

  1. Firstly, head to Spreadex and sign up if you haven’t already.
  2. To download the app, search ‘Spreadex’ in the App Store's search bar.
  3. Click install.
  4. Await the download to commence and complete.
  5. Get ready to play

How to download Spreadex app on Android

  1. Head to Spreadex and sign up with them via any of the links on this page
  2. Search ‘Spreadex’ in the search bar of the Google Play Store
  3. Click install
  4. Wait for it to download
  5. Get ready to play

Banking options available

Deposits methods

Here are the deposit methods we found in doing this Spreadex review.

SpreadEx deposit methods
Fees
Min. deposit
Max. deposit
Processing speed

MasterCard

Free

£5

£25,000 per day

Instant

Visa

Free

£5

£25,000 per day

Instant

Solo

Free

£5

£25,000 per day

Instant

Maestro

Free

£5

£25,000 per day

Instant

Bank transfer

Free

£5

£25,000 per day

Instant

PayPal

Free

£5

£25,000 per day

Instant

Google Pay

Free

£5

£25,000 per day

Instant

Withdrawals methods

Below are all the withdrawal methods that are available through Spreadex.

SpreadEx withdrawal methods
Fees
Min. withdrawal
Max. withdrawal
Processing speed

MasterCard

Free

£1

£2,500

Same day

Visa

Free

£1

£25,000

Same day

Solo

Free

£1

£25,000

Same day

Maestro

Free

£1

£2,500

Same day

Bank transfer

Free

£1

N/A

Same day

PayPal

Free

£1

£5,000

3-7 days

Spreadex History | What makes Spreadex such a unique betting site?

Although some may not be aware of Spreadex, due to its unique approach to sports betting and how it lags behind competitors in the UK like bet365 as a sportsbook, this operator has been around since 1999. The company is headquartered in St Albans, Hertfordshire, England.

Jonathan Hufford founded Spreadex in the late 1990s with the goal of making spread betting more accessible. Spreadex became available as an online betting service in 2006, soon after launching its financial online trading platform.

Spreadex desktop site - spread bets and financial trading

Spreadex offers three main products: sports betting, financial trading, and casino gaming. Our Spreadex review found them to be the only operator in the UK to provide all three products.

Within their casino gaming options, players can choose between regular gaming and playing with a live dealer. Casino gaming products such as slots, roulette, and blackjack are all available, some of which can be played with a live dealer, although there are no poker options.

The company's reputation is commendable, rightfully earning its spot on our best football betting sites list. It's won numerous awards, including the Best Spread Betting Provider at the 2016, 2018, and 2020 City of London Wealth Management Awards, the Best Mobile Trading Platform, and the Best Trading Alerts System at the 2020 ADVFN Awards.

They’ve also grabbed the Best Spread Betting Provider at the 2019 Good Money Guide Awards and Best Spread Betting Operator at the 2017 and 2020 EGR Awards. Spreadex was also awarded the Best Customer Service in the 2013, 2014, 2015, and 2017 Investment Trends Report, while the Financial Times Europe ranked it as one of the top 1000 fastest-growing companies in Europe in 2017.

Where is Spreadex legal? | In which states is Spreadex legal?

Many of my operator reviews mention a range of countries where they operate, though Spreadex only has betting operations in the UK, Ireland, and Denmark, and casino operations only in the UK and Ireland. Everyone outside of these territories is restricted to playing with Spreadex.

Spreadex Customer Support

Although we gave Spreadex a commendable score of 8/10 for their customer service in this Spreadex review, the only reason we haven’t handed them a 10/10 is their opening hours. Monday through Sunday, you can only contact Spreadex customer service between 8 am and 5:30 pm.

Nevertheless, the quick reactivity and ease of contact is commendable. They even have live chat as of this year. There seem to be no major issues with the customer service from our point of view and for those down the years using them, according to other Spreadex reviews.

  • 📱 Phone: 01727 895 000
  • ✉️ Email: [email protected]
  • 🐦 Twitter (X): @SpreadexSport
  • 💬 Live chat: Yes – 8 am-5:30 pm

Responsible Gambling

As stated on its website, Spreadex is committed to providing safe and responsible gambling within a regulated environment and to ensuring its customers have an enjoyable gambling experience. The bookie can offer timeouts through self-exclusion, permanent account closures, and deposit limits.

Anyone struggling with gambling and wanting to seek help can consult the following services:

  • Visit: www.gamblersanonymous(.)org.uk
  • Visit: www.gambleaware.co(.)uk
  • Call: 0808 8020 133
  • Visit: www.gamstop.co(.)uk

Grant is a British sports writer based in America and was previously content head for Footy Accumulators. He has been covering football, boxing and MMA since leaving university in 2019 with a degree in Multimedia Sports Journalism.

Spreadex Review 2024 FAQ

Spreadex is available in the UK, Ireland and Denmark. Those outside of these territories cannot get access to Spreadex sports betting, financial trading and casino games. Only the UK and Ireland offer Spreadex’s casino games.

Spreadex is also legal in Ireland, the UK, and Denmark. Ireland offers players the opportunity to use its financial trading platform, sportsbook, and casino games.

Spreadex is licensed by the UK Gambling Commission, and Spreadex Limited is also authorised, regulated, and registered by the Financial Conduct Authority under registration number 190941, making it completely legal and trustworthy.

Those under the age of 18 cannot play with any of the three products Spreadex offers. Those 18+ can access Spreadex casino games, the sportsbook and financial trading, should you be in one of their legal countries.

Yes. In order to verify that you’re in one of the legal countries and of legal age, Spreadex must verify your identity.