Spreadex Sportsbook
Spreadex Sportsbook

Spreadex Sportsbook

4.0 rating based on 1,234 ratings

1st Deposti Bonus

Bet £25 and get up to £50

  • Goalscorer and horse-riding insurance
  • Cashback up to £300

About Spreadex Sportsbook

Spreadex sportsbook allows customers to make sports spread bets and sports fixed odds bets using a single betting account. You’ll find complete coverage of horse racing events and the chance to trade in a variety of markets.

There are also extensive football, greyhound betting, cricket, and virtual sports offers, among other less popular sports. With all that in mind, you’ll definitely want to check out this premier spread betting broker, along with this Spreadex sportsbook review that outlines the website’s top features.


  • Multiple welcome free bets
  • No minimum deposit
  • Mobile-friendly


  • Available only in the UK, Ireland, and Denmark
  • No crypto options

Spreadex Sportsbook REVIEW

Bonuses and Promotions

Spreadex sportsbook offers various promotions, but always make sure to check the qualifying markets. The Spreadex welcome offer includes free bets.

Welcome Free Bets

Bet £25 at fixed 1.5 odds or higher to qualify. You have no live betting options and no cashouts to choose from. As soon as the qualifying wager is settled, you’ll receive a free initial fixed odds bet of £5. In the subsequent four days, you get a daily £5 fixed odds free bet.

You can place a free £5 Total Goals spread bet after your first free fixed odds bet. After the second free fixed odds wager, you’ll also receive a second free spread wager of the same value.

You’ll get 25 free spins on the Starburst video slot after your first free fixed odds bet and another 25 free spins following your second free fixed odds bet.

Every spin is worth £0.10. There are no wagering requirements, but a maximum win of £100 is applied to each 25-spin bundle. If you place a smaller Spreadex fixed odds single bet at minimum odds of 1.5, you’ll get the following amounts of free fixed odds bets:

  • £5 to £9 qualifying bet – one £5 free fixed odds bet;
  • £10 to £14 qualifying bet – two £5 free fixed odds bets;
  • £15 to £19 qualifying bet – three £5 free fixed odds bets;
  • £20 to £24 qualifying bet – four £5 free fixed odds bets.

Free bets and spins must be claimed within 28 days.


In your first 28 days as a member, you can get up to £300 back if you wager £300+ on qualifying sports spread betting markets. If you bet less, you’ll get cashback proportional to your smaller wager.

If you reach £300 and would rather have an iPad, you can contact customer service to have the cash taken out of your account and the iPad sent instead.

First Goalscorer Insurance

If your first scorer fixed odds single bet doesn’t go through, but the player you selected scores the final goal of the match, you’ll receive up to £25 of your bet back as a free bet.

The bet must be placed before the match and can’t be cashed out early. The free bet expires after 28 days.

Spread-Free Bets

Some markets let you make spread-free bets, which means you can bet at the middle of the spread rather than at the top or bottom of the spread. For spread betting, you could lose more than you deposit. Spread-free bets are not free bets, so please keep that in mind. You can just bet at the middle of the market, inside the spread.

  • Make three online spread bets on the qualifying markets of the same sport;
  • Place a fourth spread bet on the same market without a spread, or at the midpoint of the spread;
  • If you meet the requirements, you can use this offer as many times as you want on any sports market.

2nd to a Rag Insurance

If the horse you bet on comes in second to a winner with odds of at least 33 to 1, you’ll get your money back as a free bet of up to £25. Your free bet will be added after the race is over, and it will be gone after 28 days.

Sports and eSports

Spreadex sports betting is booming, with over 100,000 monthly pre-match markets. Bettors have a huge range of options to choose from when placing their bets. Not only that, but they can also take advantage of live streaming, which allows them to watch the action as it happens.

The range of sports for betting is also impressive, with over 30 different available. Highlighted sports are football, horse and greyhound racing, golf, and cricket. This isn’t surprising, considering that Spreadex originates from the UK and holds UKGC and AGCC licenses. For the same reason, odds come in two formats—fractional and decimal.

Payment Methods

Spreadex review discloses the ways you can stock up your betting account with a variety of payment methods, including:

  • Visa/MasterCard/Maestro
  • Switch
  • InstaDebit
  • Wire bank transfer
  • Cheque
  • Barclays Pingit

There isn’t a minimum deposit amount or a maximum winnings cap. Keep in mind that the maximum withdrawal limit per transaction is £25,000, but you can ask for more than one withdrawal on the same day. Spreadex withdrawal time is between two and five days.

The site doesn’t support e-wallets like Skrill, PayPal, and Neteller. Cryptocurrencies aren’t supported as well.

Customer Reviews

Spreadex reviews are mostly positive, commending polite customer support, a user-friendly interface, and fast withdrawals. There’s also a large selection of fixed odds, and the bets are settled as fast as possible. On the other hand, most of the complaints are about the pricing and the lack of best odds guaranteed.

User Experience

Spreadex takes a variety of different factors into account to improve the overall betting experience. For instance, you’ll find a dedicated Spreadex app for iOS and Android, meaning that Spreadex places emphasis on mobile-friendliness.

It’s quite simple to navigate the website and find your favorite sports, markets, and odds. It’s also available in two languages—English and Danish. The customers’ satisfaction with customer support isn’t surprising, considering that Spreadex employs all three channels:

Spreadex Sportsbook Review: Conclusion

If you’re looking for a safe and trustworthy sports betting site, Spreadex sportsbook is a good choice. It features numerous sports and markets, competitive odds, and numerous promotions. Spreadex is recommended for any sports bettor due to its user-friendly interface, safe payment options, and top-notch customer support.

Spreadex’s reliability also lies in the fact that it’s the official sponsor of Sunderland AFC, a popular English football club.


How do I bet on Spreadex?

The site’s simple interface allows you to easily access, find, and place your bets on many different markets. You can also apply two odds formats—fractional and decimal.

How does Spreadex work for horse racing?

If you’re interested in horse racing events and you want to have both fixed odds and spread options, then Spreadex is the place for you.

Who owns Spreadex?

While doing research for this Spreadex sportsbook review, I discovered that the company is owned by Spreadex Ltd. Its land-based locations have been in operation since 1999, while online betting has been available since 2006.

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