Spreadex Review 2023: Everything about the Sportsbook!

Interested in premium sports betting trading? Check out this Spreadex review for the 2022 platform right here.

Bonus & Offers details

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.

Expires on: 31-12-2023
Last check: 2 days ago

Spreadex Review – available sports and common markets

Spreadex is far from your average sports betting provider, which probably goes without saying. These guys are specialists in what’s known as spread betting. Essentially, this means that you don’t just bet on an outcome and the wager then wins or loses. With Spreadex, it’s about how much you win or lose by. And you can engage in this form of betting for all kinds of sports on the site. This includes horse racing, football, rugby, golf, tennis, greyhound racing, and many other sports too.

With that said, although this part of the Spreadex review is related to spread betting, there is the option of fixed-odds betting too. This is where you can engage in traditional betting, where your bet simply wins or loses. This brings us to the available markets. With Spreadex, you can take a swing on common markets like win/lose/draw, handicaps, spreads (of course), and you can even place accumulators too. The Spreadex Sportsbook obviously provides an easier platform in which to place bets on these markets.

But in all honesty, once you grasp how spread betting works, you should definitely experiment with that part of the site.

Odds and limits at Spreadex

With Spreadex functioning a bit like a betting exchange, the odds are generally very favourable. To translate exactly what this means, it means that if you wager with Spreadex, your returns will be larger than if you’d made the same bet elsewhere. Over time, this can add up to make a huge difference! And when it comes to betting limits, Spreadex is a site that is welcoming to all. For a standard bet, you only need to stump up a minimum of £1. This is perfectly in line with the betting limits at other established betting sites.

Spreadex Review for the welcome bonus

For brand new customers who join the Spreadex site, there is a £35 welcome bonus waiting for you. This is unlocked by staking a £25 wager in the main sportsbook – not for the spread betting product! And once this is done, you will be rewarded with £25 in free bets for fixed betting, and £10 in free bets for spread betting. This is pretty cool because you can then get a taste for both products without having to wager too much cash initially.

Spread Review for the overall platform

Details of live betting and streaming

Spreadex is a fantastic site when it comes to placing live bets. This can be done for pretty much every sport supported on the site. The bet minimum is also lowered for live betting, which is more appealing to those without a substantial betting balance to work with. And when you place live bets, Spreadex executes them instantly, and you still get to cash out live bets too – depending on how the bet performs, of course. Spreadex is also a great site for streaming sporting events.

As long as you have funds in your account, you can watch as much live sport as you like. The quality is generally very good too, especially for sports like football, horse racing, and tennis.

Spreadex Review

Cashing out bets with Spreadex

Spreadex is a site that does support cashouts for most betting markets. This is particularly useful if you go down the spread betting route, where you can simply cash out a profit should you reach a satisfactory position. Most betting markets are eligible for cashouts, especially in the fixed odds sportsbook. And compared with other bookies, the cashout offers are generally pretty generous from what we’ve seen.

A quick review of the mobile app

With Spreadex being a popular betting platform, you’d expect that mobile betting is supported. Of course, this is the case, and customers can download the Spreadex app for both iOS and Android if desired. This app has clearly been designed by professionals, with cutting edge visuals, navigation systems, and great aesthetics all around. You can also access all key areas of the Spreadex site from this app too. This includes spread betting, fixed odds betting, and even financial trading (covered in the next section).

Spreadex Financial Trading

Although Spreadex is well known for being an established betting site, did you know that they also offer financial trading services? That’s right – if you want to try your hand at trading things like the stock market, you can do so. Spreadex offers state of the art trading tools, leading software to make the most informed trading decisions, and leverage trading is also a possibility. Spreadex covers markets from all over the globe too, which is impressive.

FAQs on the Spreadex platform

Can I access all products with just one account?

Yes, once you’ve registered for Spreadex, you can then access every single area of the site. This is true for both mobile and desktop platforms.

Can I trust this Spreadex review?

We have written this review independently according to our own experience. So yes, you can trust the information presented here.

Am I eligible for the welcome bonus?

If you are classified as a brand new Spreadex customer, you can redeem the welcome bonus.

Does Spreadex payout on all betting winnings?

Yes – they are required to be in accordance with UK gambling laws. Spreadex pays out on winning bets deep into the six-figure region, as a maximum.

Spreadex Review – a cutting edge betting site

Spreadex obviously operates as quite a unique betting site. They are one of the few operators that have a heavy focus on spread betting. And while yes, this is a rather complex form of betting, it can have distinct advantages once you learn the various techniques and strategies involved. From what we’ve seen, Spreadex is already a great platform, and these guys could continue to get better as they implement more sports and features.

So for now, we would give them a 4.5/5 rating!

Avatar of Gavin Davison
Gavin Davison

Gavin is a full-time copywriter based in the UK and has developed in-depth knowledge of the igaming world by working in the betting industry for over five years. During this time, he has written thousands of articles covering various topics, including bookmaker reviews, ‘how to’ guides, bonus comparisons and much more.