Spreadex Sign Up Offer: Bet £10 Get £40

Spreadex is a point of difference. In a heavily saturated market like the UK betting scene, that difference is not just welcome, but needed.

The ability to place spread bets will interest many sports fans, particularly those who are familiar with US sportsbooks, where this type of wager is common. I’m impressed by Spreadex’s in-play and live streaming facilities, which is superior to many other sites I’ve reviewed.

Round this off with a bespoke mobile app and excellent odds, and it’s clear that Spreadex occupies an important position in the UK’s online betting landscape.

I’d like to see a few more promotions for existing players; there were a few offers that interested me during my review, but other bookmakers outperform Spreadex here. As a policy, Spreadex also rejects deposits made via third-party payment providers, which rules out all e-wallets, which may be an issue for some punters.

How We Scored Spreadex

There are many areas we assess before recommending a sportsbook on our website. If you’re interested in the process of how we score each site, click on the link. 

Is Spreadex a Trustworthy and Safe Brand?

Our betting reviews always start with a licensing check, because we’re not interested in promoting unlicensed sites. For UK operators, this refers to a licence from the UK Gambling Commission; without this, we won’t ever recommend a betting site to our UK readers.

Betting licences commit operators to standards of fair play and data protection, as well as the promotion of responsible gambling behaviours and tools. Click on the Responsible Gambling button at the bottom of the Spreadex homepage for more information on this.  

Personal Experience Using Spreadex

There’s lots to like about Spreadex. For starters, it’s trying something new. With the UK betting landscape so saturated, it’s refreshing to see a new approach to sports betting.

Those already familiar with spread betting will be inclined to try this out at Spreadex; for the uninitiated, I encourage you to have a go. Spread bets change the dynamic of betting, rewarding those who make successful predictions with increased payouts. It also expands the odds market by introducing new ways to make a profit. Of course, this all comes with the caveat that spread betting can work against the bettor in equal measure.

Spreadex’s in-play and live streaming facilities are excellent, as is the mobile app. In terms of improvements, I’d like a few more ongoing promotions for returning players, and an extension of the available payment methods, which currently includes debit cards only.

If Spreadex is piquing your interest, click through, sign up, and claim £40 of free bets as a new customer.

New Spreadex customers will receive a welcome offer of £40 in free fixed odds bets when they first sign up. The offer is contingent on punters first depositing and wagering £10 of their own, which will then trigger the release of 2x £10 fixed odds bets, 2x total goals football spread bets, and 2x £5 horse racing winning favourite spread bets. Spreadex will also throw in an extra £1 race index spread bet for good measure, so this offer actually totals £41 in all.

Spreadex Sign Up Offer Terms and Conditions

As ever, there are a number of terms and conditions bettors must reckon with if they want to turn a profit from the Spreadex sign up offer. Let’s take a look at these in detail:

• Minimum deposit and bet — The Spreadex welcome offer will only be released after customers have deposited £10 into their account and placed it on a fixed odds market.
• Minimum odds — That qualifying bet must be placed on an event with minimum odds of 1/2.
• Market restrictions — The qualifying bet must also be placed on fixed odds, as opposed to spread betting. Qualifying bets cannot be placed in-play or cashed out early.
• Time limits — The welcome offer must be claimed within 28 days of opening your Spreadex account. Free bets will then expire 28 days after being credited.
• Bonus release — Spreadex will credit the bonuses in two stages. Punters will receive £20 in free bets after the settlement of the qualifying wager, and the second £20 24 hours later.

Unusually there’s no mention of any payment restrictions with this offer — a common condition of sports betting bonuses that typically only makes debit card deposits eligible. Make sure you double check this before making a financial commitment.

How to Sign Up to Spreadex and Claim Your Bonus

Want to know your fastest route to signing up to Spreadex and claiming your welcome bonus? Just follow these steps:

1. Click through using our links
   Once you’ve read our Spreadex review in full, use our links to click straight through to the site’s registration page. The site is split into two sections — sports betting and financial trading. For the purposes of this review, our readers should clearly opt for the former!
   
2. Create your account
   Click on the Create An Account button in the top-right corner and fill in the sections as prompted. You’ll be asked to give your name, address, email, phone number, date of birth, a username and a password. You may also be required to provide proof of identity, including a driver’s licence or passport photo, as well as a recent proof of address.
3. Make your first deposit
   Head to the cashier section and deposit a minimum of £10 into your account. There’s no mention of payment restrictions in the Spreadex welcome offer T&Cs, but double check that at this stage.
4. Place your qualifying bet
   Place your first bet at the site — a £10 fixed odds wager at minimum odds of 1/2. Once this bet has settled, you’ll be rewarded with half of the free bets; the second half will be released 24 hours later.
5. Enjoy your bonus
   The free bets are then yours to use as you please. Remember that they’re split between fixed odds, spread betting, football and horse racing markets.

What are Spreadex Bet Credits and How Do I Use Them?

A bet credit is another term for free bets. In order to use your Spreadex free bets, just follow the steps outlined in the section above.

Do you Require a Bonus Code to Claim your Spreadex Sign Up Offer?

No — there is no bonus code attached to the Spreadex welcome bonus.

How Does Spreadex’s New Customer Offer Compare with Other Bookmakers?

Interested to see how Spreadex’s new customer offer stacks up against its competition? Take a look at the table below, which highlights offers from some of the best UK bookmakers.

Returning Spreadex customers will also be treated to a range of ongoing promotions covering different sports and betting markets. There were seven of these available during my review — here are the ones that caught my eye.

Acca Boost

Successful accumulators will receive boosted returns when placed on an eligible football market. The boost is 5% on three-legs, 10% on four, 15% on five, rising to a maximum of 75% on 16.

2nd to a Rag Insurance

If you back a horse that loses to a runner with a starting price of 33/1 or higher, Spreadex will return your stake in the form of a free bet up to a maximum of £25.

Refer and Earn

Spreadex customers will be rewarded with a £100 total goals spread bet if they successfully refer a friend to sign up to the site. 

• American Football
• Basketball
• Boxing
• Cricket
• Darts
• eSports
• F1 and Motorsports
• Football
• Golf

Yes — punters can access the sportsbook’s wide-range of betting markets via the Spreadex mobile app. Just head to the Play Store if you’re an Android user, or the App Store if you’re on iOS.

Spreadex is a betting site with a point of difference, which makes it interesting to prospective customers. Here are some Spreadex features that makes this bookmaker stand out from the crowd.

Spread Betting

Spreadex claims to be the only UK bookie to offer standard fixed odds betting markets alongside spread betting — a wager that rewards the accuracy of a wager and its margin of victory.

For instance, if you were to bet on England to beat Sri Lanka in a Test match by 150 runs, your payout would be dependent on a) whether they were to win by 150 runs, and b) the margin of victory beyond this amount. If England were to win by 300 runs, you’d effectively double your winnings.

But spread betting works in both ways. Wagers that are highly inaccurate will suffer higher losses than just the stake laid down. It’s an interesting betting dynamic that offers something a little different to other bookies.

In-Play Betting

While in-play betting is par for the course at modern bookmakers, Spreadex’s emphasis on spread betting increases the number of in-play markets at any given time. There are more potential outcomes to bet on, and therefore a higher number of markets. This extends to Spreadex’s approach to cashing out, which is offered in three formats: one-click cash out, auto cash out and partial cash out.  

Live Streaming

The bets in-play betting sites back this up with live streaming facilities, which is exactly what Spreadex customers have access to. At the time of my review, there were 25 different streaming events taking place — a huge number by any standards. The majority of these live events were cricket, but horse racing, greyhound racing and basketball markets were also available.

Competitive Odds

Although all of our recommended bookies offer competitive odds, Spreadex was voted the best value bookmaker by Oddschecker on fixed odds markets during the 22-23 Premier League season. Again, this is in large part thanks to the possible for spread bets, which expands the potential for wider margins. Of course, it’s important to remember this can go the other way.

Mobile App

For a superior mobile betting experience, Spreadex customers can download the bookie’s bespoke mobile app on Android and iOS devices. Betting apps offer faster loading times, customisable interfaces, and bonus and promotion notifications — for these reasons and more, we always recommending downloading mobile betting apps whenever possible.

UK customers have just one payment option at Spreadex: Visa, Maetro and Switch debit cards. The table below offers some more information.