Spreadex Sports is a sports betting site that offers something unique in this market. Spreadex Sports focuses on sports spread betting rather than the standard fixed odds betting you see everywhere else.
There are many reasons why spread sports betting odds can be better for players, and it can lead to more wins. As Spreadex Sports supports these kinds of stakes, where odds are given based on the scale of an event happening as opposed to the event itself, players can win more here than anywhere with fixed odds.
Of course, while you can win more, you can also lose more with spread betting, which is why Spreadex Sports has some great betting limits in place to protect its customers.
If you are interested in sports betting but are tired of not winning a lot or are wanting to try something new, then Spreadex Sports could be a great site for you.
In this Spreadex Sports review, we are taking a look at everything you need to know about the Spreadex casino and how its spread betting odds work so you can win big.
Spreadex Football2 FREE £5 SPREAD BETS + £300 CASHBACK
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- 1 What is Spreadex?
- 2 Is Spreadex Sports Safe?
- 3 Spreadex Sports Sign Up Offer
- 4 Ongoing Promotions at Spreadex
- 5 Spreadex Sports Expert Analysis
- 6 Which Sports Can I Bet on at Spreadex?
- 7 Spreadex Sports Odds
- 8 Bet Limits
- 9 In-Play Betting
- 10 Additional Features
- 11 Customer Service
- 12 How to Get Started at Spreadex Sports
- 13 Spreadex Review FAQs
- 13.1 Why doesn’t Spreadex accept eWallets?
- 13.2 How come I can use a credit card at Spreadex?
- 13.3 I bet £1 on a spread bet at Spreadex and lost £3! How come?
- 13.4 What is a ‘stop loss’?
- 13.5 Is Spreadex licensed?
- 13.6 Can I bet on credit at Spreadex?
- 13.7 Is Spreadex user-friendly?
- 13.8 Is Spreadex secure for payments?
- 13.9 Is Spreadex reliable for customer support?
- 13.10 Is Spreadex safe or a scam?
- 14 Spreadex Summary
- 15 Other Spread Betting Sites
What is Spreadex?
Spreadex Casino is a sports betting site that was set up by a spread betting fan who wanted to make this kind of gambling more accessible to the masses.
Spreadex focuses on spread betting, which differs from most other casinos out there. With spread betting, compared to fixed odds betting, which is usually present, players wager on the scale of an event rather than a specific thing happening.
Spreadex betting is also classed as a betting exchange platform.
For example, when it comes to football betting, if you are using spread odds, you will be betting on how many goals are scored in the game as opposed to a specific winner or player.
Fixed odds betting is the traditional form of betting where players place bets based on specific events. Spread odds are more general and, therefore, more likely to occur, increasing your chances of winning. There are various reasons why spread betting is great in sports betting markets, and this is what inspired Jonathon Hufford to launch Spreadex in 1999.
Spreadex is the hub for traditional casino games, as it was not until 2006 that Spreadex Sports was launched, with the financial spread betting platform following shortly after.
While it is possible to win big with spread betting, a lot of punters also lose more frequently by placing bets based on a scale rather than an outcome. This caused a lot of complaints with Spreadex Sports over the years, and the website now offers both spread betting and fixed odds to suit all kinds of players.
Although it is primarily known as a spread betting site, Spreadex Sports does allow for both spread betting and fixed odds and has done since 2010.
Is Spreadex Sports Safe?
Deciding whether a new casino is safe is one of the first things players should do when looking for somewhere else to play.
Whether a website is safe or not is one of the primary concerns for players, as this determines whether their money and personal information are safe at all times. In the world of internet scams and data leaks, it is important to consider carefully where your information is going and what sites have access to sensitive data like your payment details.
With this in mind, Spreadex Sportsbook is a highly secure website and has three active modes of protection for all players.
Everyone using the website is protected by advanced encryption across the pages, keeping information safe and preventing any kind of interception from third parties. Likewise, Spreadex is a fully regulated and licensed casino under the UK Gambling Commission.
With this license, Spreadex is legally allowed to monitor players’ accounts to check for any nefarious behaviours that could cause issues with their data as well as prevent unsafe gambling. Players should always look to see whether the casinos they use are licensed by the UK Gambling Commission for this reason, along with many others.
Lastly, with such a strong focus on spread betting, a lot of players may be concerned about how much they could lose when playing at Spreadex Sports. This is a reasonable concern to have, as spread betting does offer greater odds which can therefore lead to bigger wins or losses based on how the events turn out.
To prevent players from losing all their money and ensure there are still customers at Spreadex for major sports and other events, there is a ‘stop losses’ or cash-out option for all spread betting odds. This allows you to cash out your bets at any time to prevent you from losing them all if the events do not go as planned, ensuring you still have some money to take home.
With all this in mind, it is clear that Spreadex takes their players’ security very seriously, and the website offers a safe betting experience for everyone.
Spreadex Sports Sign Up Offer
Most online bookmakers offer a sign-up bonus as an incentive to new customers, and this is something to expect from the Spreadex site as well.
When registering with this betting platform for the first time, players are given spread free bets to use on specific markets. This can be a great way to try out the various financial markets at Spreadex and determine whether it is a good website for you.
Simply make your spread betting account and make your first deposit of £10 or more. To qualify for the free bets, players need to wager at least £10 in fixed odds of 1/2. This first deposit should be done through direct debit or bank transfer.
Following the settlement of your first bet at these minimum odds, players are then given the sign-up bonus package worth £40 in free bets. This welcome offer includes the following:
- 2 x £10 free bets for fixed odds
- 4 x £5 free bets for spread bets
Players have numerous betting options at Spreadex, where they can use their free bets. From casino games to sports betting, the Spreadex betting site has something for everyone.
It is important to note that terms and conditions apply to the welcome offer.
All free spins are worth 10p and can only be wagered on the NetEnt slot Starburst. No wager requirements apply to free spins.
All free bets and free spins expire within 28 days after claiming. This is a new customer offer and is reserved for new players only. Players making a spread betting account for the first time can qualify for these bonuses with their first fixed odds worth £10.
Free bet stakes are not returned with winnings.
Ongoing Promotions at Spreadex
The Spreadex platform is a great one for both new and existing players because there is no shortage of promotions.
Along with this incredible welcome offer worth £40 for new players, Spreadex always has several betting promotions available based on the current market and betting seasons, such as a bet builder offer.
As these are subject to change, it is best for registered players to check out the Spreadex Offers page from their account to see what is currently available.
There is one promotion that is always running, however, and remains active at the moment.
This is the Refer and Earn promotion which encourages registered players to recommend Spreadex to their friends and family. Players will receive a bonus for every friend they get to sign up for Spreadex.
With this bonus, players can receive free bets of £100 in total for every confirmed referral they make. This is a spread bet slip that can be used in sports betting across the site.
For this £100 bonus to be yours, the referral customer needs to place five sports spread bets with a min stake of £2 and a maximum win of £20.
What is great about this free bets offer is the fact that any losses made with the £100 bonus will be refunded back to you in real cash and can be withdrawn through bank transfer.
Check out the offers page at the Spreadex site the learn more about the current promotions and their terms.
Spreadex Sports Expert Analysis
While hobbyist gamblers may prefer the security that comes with fixed odds bets, expert players are looking for something more.
If you are wanting to win the bigger jackpots and develop your skills, you cannot continue working with fixed odds. This is why a lot of experienced gamblers actively seek out spread bets and have a great time at sites like Spreadex Sports.
Spread bets are great for people with knowledge of sports, or even a particular sport in general, because it allows you to put your expertise into the game. With the knowledge you have of major sports or other events; it is more likely that you can predict events and the likelihood of them happening during a game which is where spread bets come in.
Some benefits can come from sports spread betting if you have the knowledge to back you up, which is why there is some potential for expert gamblers at Spreadex.
If you are just getting started in sports betting or simply enjoy doing it on the side, then you might be better off sticking with the fixed odds bet you are used to. This can also be done at Spreadex, which is one of the biggest pros of the website.
Which Sports Can I Bet on at Spreadex?
There are a number of sports available for both fixed odds and spread betting at this casino, ensuring there is something for everyone.
Two of the most popular sections are the Spreadex Football and Spreadex Horse Racing, with daily fixed odds and spread odds guaranteed here.
A huge range of other options are also available, including:
- Table Tennis
- Rugby Union
- Ice Hockey
- Greyhound racing
- Horse racing
There are also options for live betting in the live casino, along with traditional games like slots at the Spreadex casino being seen through live streaming almost every day.
Essentially, if any sports in the UK market or international market is suitable for spread betting, then you will find it at Spreadex with the best odds. Most sports spread betting is also available with fixed odds too, so everyone can get involved.
The big events in sports will display both their fixed odds with the spread betting prices, but for others, you may have to enter the dedicated page for the sport to see more information. It is still fairly straightforward to see what you need to know about each event, from the minimum deposit requirements to the current odds taking place right now.
Financial trading is available by switching back to the spread bets section, where you can buy and sell odds.
Spreadex Sports Odds
Spreadex offers a wide range of winning distances and is mainly focused on prices rather than odds with their current bets, as it is primarily spread bet odds offered here.
This, along with the fact there are limited sites available in the UK offering competitive odds when it comes to spread betting, makes it difficult to determine how fair the prices at Spreadex really are.
Even without this information, it is clear to see that the prices at Spreadex are reasonable, and it is clear that the company has taken a lot of care in setting limits to prevent punters from taking advantage.
In terms of the fixed odds bet prices, players will be very pleased when it comes to what Spreadex offers. Fixed odds do not fluctuate too much across the board for online bookmakers, so it is easy to compare one site to another, but it is clear to see that Spreadex is pretty generous with its fixed odds bets.
One of the Spreadex pros for all players is the fact you can set loss limits on your account.
If you are a new sports bettor at Spreadex, these limits are set automatically for you, but as you become more experienced, you can adjust them to suit your needs.
Loss limits are in place to prevent you from losing too much, whether you buy or sell a bet. It is important to note that while they also cap your losses, Spreadex also caps your winnings to ensure you do not win over the odds based on what they can afford, which is present at every betting site for fixed odds bets.
When it comes to spread betting, some stakes can be as little as a penny, and there is more flexibility than with fixed odds bets. While you can win more with this kind of gambling, you can also lose more which is why bet limits are in place.
Even though there are limits to how much you can win and withdraw at Spreadex for fixed odds, there are not the typical caps for winnings at sports events that you would usually see when it comes to the spread betting side. This applies to both ends of the scale, with no caps for how much you can lose as well, so please play responsibly.
Individual betting limits may apply based on the performance of your account.
This is one of the most exciting parts of sports betting, as you can place wagers on events as they take place. For the in-play betting at Spreadex, the starting price of fixed odds and spread betting is subject to change as it will fluctuate as the event takes place.
While the odds and price for in-play betting can change, the price you paid at the beginning will remain fixed.
This kind of betting is available for most markets, including the major ones like horse racing and football, as well as some fixed odds ones too.
Live streaming is now a big part of Spreadex since the signing of a deal with Eurosport in 2021.
There are plenty of live streams available on the Spreadex app and site, but these are not usually the same events you will see on channels like Sky Sports or BT Sports. Most football games are not live-streamed, nor is horse racing. Instead, players can follow other games, such as tennis and greyhound racing, through the site with their account log-in.
While you may not be able to watch all your sports at Spreadex, there is a handy feature that allows you to track the in-play betting that is supported for events shown elsewhere. You can see the current odds and keep track of your bets for live sports streamed on channels like Sky Sports, Fox Sports, and even Amazon Prime through the In Play Soon button.
Spreadex boasts great customer service, and there are some easy ways players can get help if they need to.
Players can contact the customer service team through the following methods:
- Live Chat: Available 24/7
- Phone: 01727 895 00
- Email: [email protected]
- By Post: Freepost RRRS-GTBG-HGZB
For instant customer support, players are recommended to use the live chat feature on the website or app.
How to Get Started at Spreadex Sports
Now that you know more about Spreadex and what it offers, you may be ready to get started.
It is pretty easy to get started with both spread and fixed odds bets at this casino.
Step 1: Visit the Spreadex Website
Check out the website using the verified link and select the Join button, which should appear on the home page.
Step 2: Sign Up
To create an account, customers need to fill out all fields on the registration form. You will need to provide your:
- Full Name
- Email Address
New customers also need to set a username and password, which will be used to log into their account on all devices. Before you can confirm this, you will need to agree to the terms and conditions.
Step 3: More Info
Once the basic details are filled out, you will be prompted to provide more information to support your account. Things such as your employment status and annual income may be required as a new customer to set betting limits.
Players also need to provide a security question to protect their account, so make sure it is something memorable, or you will be locked out!
Following this process, your account will be ready to use. New accounts can place any fixed odds bet, but additional features like spread bets and bet builder bets will not be available until individually activated by a phone call from the company.
Spreadex Review FAQs
Why doesn’t Spreadex accept eWallets?
There are several payment options for Spreadex customers, including the use of your debit card or direct debit bank transfers to make deposits. E-wallets may not be accepted because they are not always connected to official bank accounts and therefore come with more risk.
How come I can use a credit card at Spreadex?
There is a ban by the UK Gambling Commission for credit cards to be used in fixed odds betting, but this does not apply to spread bets.
I bet £1 on a spread bet at Spreadex and lost £3! How come?
With spread betting, you could lose more than you stake based on the ratio of how much you were wrong.
What is a ‘stop loss’?
This is applied automatically to spread bets at Spreadex for new customers but can be adjusted later on to protect your interests. It is a limit on when a bet should be stopped if things are going wrong and you are going to lose too much money.
This can also cap your winnings as well.
Is Spreadex licensed?
Yes, the fixed odds betting site is licensed by the UKGC. Spread betting is seen as financial trading and is regulated by the Financial Conduct Authority.
Can I bet on credit at Spreadex?
A credit account can be applied for through your Spreadex account, and this can be used on spread betting only.
Is Spreadex user-friendly?
Although there is no demo account option, Spreadex is pretty user-friendly. The layout is concise and organised, with the two kinds of odds typically listed under each event, so you know where your money is going.
Is Spreadex secure for payments?
Yes, the whole website is encrypted for security, and the website is supported by the UKGC and the Financial Conduct Authority for payments.
Is Spreadex reliable for customer support?
The customer support team is very knowledgeable, and when working with the live chat, which can be accessed 24/7 on the site, they reply quickly.
Is Spreadex safe or a scam?
Spreadex is a safe betting site that has a consistent and profitable reputation with the necessary authorities, including the UKGC and the FDA.
Overall, in this Spreadex review, we have found that this is a great website for sports betting of all forms.
As one of the only sites in the UK that offers spread betting on a wide range of sporting events, it is clear to see why Spreadex is a popular website with players across the nation. It also offers fixed odds and has a range of betting markets and games available to ensure there is something for everyone.
Please play responsibly.
Other Spread Betting Sites
If you have enjoyed our Spreadex review you should also check out these other spread betting websites that we also recommend: