Gambling.com Rating: 9.1/10
Our Verdict: With standout spread betting markets and plenty of fixed-odds options - Spreadex is one of the UK's most versatile bookies.
Spreadex is a unique online bookmaker combining traditional fixed-odds betting with spread betting.
The spread offers a different way to bet, with profit or loss determined by the accuracy of your prediction, rather than a single outcome.
For example, if you predict how many goals will be scored in a football match, your profit or loss depends on how far the result lands from your prediction.
The Spreadex welcome offer is one of the best around. It gave me free bets to use on both spread and fixed-odds markets.
This is handy if you're new to spread betting and want to try it out - because it's an advanced style of gambling that takes some getting used to.
A couple of drawbacks to note: there's no best odds guaranteed offer and e-wallet transactions aren't supported.
But overall, Spreadex is a good fixed-odds option - and the best in the business if you want to bet on the spread.
Category | Score | Reasoning |
---|---|---|
Sports & Markets | 9/10 | All the big sports covered with spread and fixed-odds options. |
Promotions | 8/10 | High-value welcome offer - most regular promos are racing-focused. |
Payments | 8/10 | Quick withdrawals but e-wallets not supported. |
Customer Support | 9/10 | Reliable live chat customer support service |
Reputation | 10/10 | UK's best-known spread betting bookie, with lots of high-profile sponsorships. |
User Experience | 10/10 | Site and app are well-organised and easily navigable. |
Mobile Platform | 9/10 | User-friendly and well-designed app, particularly for iOS users. |
Responsible Gambling | 10/10 | All the responsible betting tools I expect from a top bookie. |
Live In-Play Betting | 10/10 | Helpful live statistics, competitive in-play odds, and lots of live streams. |
Value of Odds | 8/10 | Good prices for horse racing/football - weaker for less popular sports. |
Gambling.com Rating: 9.1 (Highly Recommended)
Find out more about how we rate betting sites.
I like the versatility of Spreadex’s welcome offer.
Claiming the Bet £10, Get £60 package took less than three minutes in the app and the split between £30 in fixed-odds free bets and £30 in spread credits allowed me to try both styles of betting.
Also, £60 in free bets for betting £10 is on the more generous side of things as far as welcome offers go. Very few bookies offer that sort of value with their sign-up bonus.
Bookmaker | Qualifying Bet | Free Bet Bonus |
---|---|---|
Bet £10 | Get £60 | |
Bet £5-£15 | Get £15-£30 | |
Bet £10 | Get £30 | |
Bet £5 | Get £20 | |
Bet £5 | Get £25 |
Spreadex has a decent selection of promotions for existing customers - especially those who like to bet on horse racing.
I'd like to see a few more special offers extended to sports outside of racing and football, however.
With that said, here are five of my favourites:
Promotion | Description |
---|---|
1. 2nd to a Rag Insurance | Free bet if your horse places 2nd to a 33/1+ outsider. |
2. First Past The Post | Paid on both original and official winners if horse is later demoted. |
3. Acca Boost | Up to 100% boosts on acca winnings. |
4. Lucky Double Odds | Double odds if only one leg wins in lucky 15/31/63 bets. |
5. Free Spread Bets | 4th sports spread bet is free after three qualifying bets. |
I’ve been impressed by Spreadex’s fixed-odds and spread betting markets for horse racing.
Traditional win/each-way horse racing odds are some of the best I’ve seen from any horse racing betting site.
However, as already covered, there's no best odds guaranteed offer, which is disappointing.
What really impressed me was Spreadex’s spread betting range - I found a variety of markets to explore.
I bet on the race index, winning favourites, jockey index and trainer matchups when testing this site.
These markets let you scale your profit or loss based on how far the result deviates from the spread - just remember, you can lose more than your original stake.
For example, I 'bought' the race index (a market that turns a race card into a points contest you can buy or sell) at 55 points with a £10 stake.
When the index settled at 58, I won 3 × £10 (£30); had it closed at 52, I would have lost 3 × £10 (£30).
"Offers like '2nd To a Rag' are valuable - I like having a safety net for losing bets."
I was really impressed by the variety in Spreadex's football markets.
A Club World Cup game between Flamengo and Chelsea had 451 available betting options, with odds comparing favourably against the best football betting sites.
For instance, I backed Cole Palmer to score first at 6/1 and compared the price with a couple of rival bookies - Betway was offering 5/1, while BetVictor had him at 11/2.
The spread side of things includes options like total goals, goal supremacy and quirky markets like shirt numbers (the numbers of goalscorers added together at end of game).
The bet builder is easy to use, though BetVictor and QuinnBet allowed me to combine more legs in my same-game parlay.
"Acca boosts are always a welcome sight for those of us who enjoy a weekend football accumulator."
Cricket is perfect for spread betting because it's a statistics-heavy sport - total match runs, team/player runs, wickets taken - all of these are good for spread bets.
I like buying or selling the team runs index in particular.
In an ODI between the West Indies and Australia, I bought Australia’s team runs at 285 for £5 per run, thinking they’d score big - and they ended up making 310.
That meant I made 25 runs × £5 = £125 profit, because they scored 25 runs more than the spread I bought.
I was also able to watch the match live on the app thanks to the live streaming service, which features lots of cricket matches of all levels.
Spreadex has good prices on all the major tennis betting events in the calendar, from Grand Slams and ATP/WTA tours down to Challenger tournaments.
I checked a French Open match winner market and found the prices matched what BoyleSports and bet365 offered.
There’s live streaming of select tournaments (especially ATP 250s and Challengers), which is a nice touch. And I found the point-by-point stats on serve percentages and break-point conversions pretty useful for in-play betting.
While there are a handful of spread markets, I tend to stick to fixed-odds bets when it comes to tennis.
Spreadex’s golf betting section is decent, but there are better options if you like an each-way punt.
Spreadex generally pays down to four places each-way at 1/5 of the odds.
By comparison, I often get paid out at 1/5 of the win odds down to 10th place at bet365, while William Hill offers 1/4 odds down to 8th place.
I do like the helpful stats and insights that come with each tournament, however.
Spreadex’s spread markets are probably the only reason I'd choose to bet on golf with them.
I’ve found good value on the leaderboard index and cut-line markets here in the past.
"The cash out feature is really intuitive - handy when I'm betting on golf spreads."
Spreadex keeps things simple with its rugby betting section.
Fixed-odds prices are generally good - for example, on an Ireland v England Six Nations match, I got Ireland +3.5 at 8/1, beating 10bet's 7/1.
Spread betting markets include match supremacy (winning margin), total points and total tries.
There are no specific rugby promotions here, which is an area that could be improved.
BetMGM is my go-to for darts, but after testing Spreadex’s darts section, I’m tempted to use this bookie on-and-off for my arrows bets.
You’ll find about 25 markets per match, including match winner, correct leg score, total legs, 180s, and highest checkout - but there are no dedicated promos.
I find the value matches up to the best darts betting sites consistently, while selected darts live streams are available to watch as well.
Spreadex is a decent snooker betting site which does the basics well without really going the extra mile.
While there are no snooker live streams, I like the frame-by-frame updates and break-building stats in-play.
I also enjoy a spread bet on the frames index market (total number of match frames).
Markets like these are a key differentiator between Spreadex and other options.
Spreadex is an excellent site for betting on combat sports.
The boxing betting section is particularly strong, with plenty of spread lines and fixed-odds markets, most of which are fairly priced in my experience.
A cruiserweight title fight I bet on between Gilberto Ramirez and Yunier Dorticos had 98 available markets split between spread and fixed-odds - which is an impressive amount.
I backed Yunier Dorticos to cause an upset at 6/1 - which was better than bet365's 11/2.
Spreadex’s MMA betting section offers both spread and fixed-odds options too.
However, I was only able to bet on UFC fights here. Markets for promotions like Bellator and Cage Warriors would definitely improve things.
Spreadex offers fixed-odds and spread betting markets for 20 sports in total.
The basketball betting section really shines, with lots of spread bets available for NBA games.
UK Esports betting fans get CS:GO, League of Legends and Dota 2 markets (with live streams).
Greyhound racing comes with live streams of major UK meetings and competitive fixed-odds prices, albeit without the best odds guaranteed concession that many other bookies offer.
I’ve also found plenty of novelty and politics betting markets - everything from next Prime Minister to Love Island winners - though these are only offered at fixed odds.
In my experience, fixed-odds prices sit above the industry average for major sports like horse racing and football at Spreadex.
Tennis odds are very competitive, but I’ve found better prices for the likes of golf and snooker elsewhere.
With that said, there are plenty of daily price boosts across many of the 20 sports, so this can increase value. I’ve squeezed lots of extra value out of my bets by keeping an eye on these.
Nearly every sport, from football and racing to golf and tennis, comes with dozens of buy/sell spreads and dynamic payouts.
You won’t find this range of spread betting markets at any other British bookie.
Spreadex’s bet builder used to be just for football, but now it’s available on seven sports as of my last count: football, tennis, basketball, ice hockey, baseball, American football, and rugby - which is a big step up.
You can add up to eight picks from one game into a single bet, and most popular markets are covered.
I built a football bet combining match result, both teams to score, and total corners - the process was quick and easy.
Just keep in mind that spread betting markets can’t be included - bet builder is only for fixed odds.
Still, it’s one of the better same-game multis I’ve used, especially now that it supports more sports.
Here’s how the feature stacks up against major competitors:
Bookmaker | Maximum Selections | Sports Available |
---|---|---|
Up to 8 | 7 Sports in Total | |
Up to 12 | 14 Sports in Total | |
Up to 10 | 5 Sports in Total | |
Up to 8 | 3 Sports in Total | |
Unlimited (Max Odds 1000/1) | 6 Sports in Total |
Spreadex’s in-play hub is dynamic and delivers an excellent live betting experience across all sports.
The ability to toggle between fixed-odds and spread markets mid-game is a feature you won’t find at many other sites - bar Sporting Index, which is a sister-site of Spreadex.
For instance, I placed a live bet on football corners at fixed-odds, then bought a total goals spread 10 minutes later for the same game.
The live streaming service is also up there with the best live streaming betting sites like bet365 and Unibet.
The platform provides live coverage for several major sports, including football, basketball, tennis, cricket, horse racing, greyhound racing, and boxing.
To access a stream, I usually need to have a funded account.
Spreadex’s site is clean and easy to navigate, with a signature black, white and red theme.
There aren't many flashing banners or pop-ups, which are some of my pet peeves. The ones that do show up are generally useful, alerting users to the biggest upcoming events and best promotions.
Sometimes pages on desktop contain a bit too much info - which could frustrate new users at times.
However, I like that the sports sections are organised hierarchically, so it's easy to find the most popular sports.
I found it easy to toggle between fixed-odds and spreads in each sport section and when betting in-play.
Another simple feature I like is that TV details are included beside fixtures (see picture above), so you know where to watch a game if there's no live stream available on the site.
Payment Method | Minimum Deposit | Average Withdrawal Time |
---|---|---|
Visa Debit | £10 | 1-3 business days |
Mastercard Debit | £10 | 2-3 business days |
Bank Transfer | £10 | 1-2 business days |
Apple Pay | £10 | 1-3 business days |
With its 4.7/5 App Store user rating, Spreadex ranks among the UK’s top betting apps.
My own experience mirrors thousands of positive reviews on both the App Store and Google Play store.
Navigation is easy, with no bugs, glitches or crashes during testing, plus the live streaming quality is high.
It’s less flashy than bet365’s polished interface, but that wasn’t a huge problem for me.
I especially like the 'My Teams' feature, which lets you tag favourites and view only relevant fixtures and markets.
Odds refresh quickly, and bet placement (fixed or spread) completes in two taps.
Spreadex gives me everything I want in a betting app without unnecessary frills.
Support is available via phone, live chat and email during extended daily hours.
When I called the number, the support agent was polite and helpful in answering my questions about spread betting terms and conditions.
I found that live chat response averages 2–3 minutes, and email replies arrive within a few hours.
Channel | Availability | My Experience |
---|---|---|
Live Chat | 24/7 | Responsive and helpful agents. |
Always available | Replies can take up to 12 hours. | |
Phone (01727 895 000) | 8am-12am | Professional phone support agents. |
Spread betting losses can greatly exceed your stake, so this type of betting requires understanding before you dive in.
The responsible gambling section at Spreadex comes with deposit limits, session reality checks, time-outs (24 hrs to 90 days) and self-exclusion (6 months to 5 years).
You can access net-loss limits before placing spread bets, to ensure it's not possible to lose what you can't afford.
Overall, Spreadex provides a robust toolkit to help you bet within your means and take breaks when necessary.
This is especially important in a spread betting context, so I was glad to see it.
Spreadex feels like two betting sites in one with its spread and fixed-odds options.
This blend makes it a really unique and versatile bookmaker.
The spread betting markets are the standout for me - though less experienced bettors should be mindful that higher rewards come with greater risks.
If you mainly stick to fixed odds, Spreadex still delivers competitive prices on racing and football, a comprehensive bet builder, and a top-tier live streaming service.
Adding a few more payment methods and a best odds guaranteed offer for racing would definitely improve this site.
But overall, this is a bookmaker I highly recommend. Just be sure to brush up on your knowledge with our spread betting strategy guide before you dive in.
Spreadex Group plc, founded in 1999 and listed on the London Stock Exchange (AIM: LSE:SX), owns and operates Spreadex. It began as a financial spread trading provider before adding sports betting in 2002. Today it offers both regulated financial and sports products under the same corporate umbrella, backed by decades of market experience.
Yes. Spreadex is licensed by the UK Gambling Commission for its sports betting business and regulated by the Alderney Gambling Control Commission for its spread betting arm. It meets all required funding, governance and customer-protection standards and operates openly with audited financials, making it a safe, reputable choice for UK bettors.
Withdrawal times depend on the method. Debit card payouts typically arrive within 1–3 business days, though some Visa cards support Visa Direct for near-instant transfers. Bank transfers clear in 1–2 business days. There’s a £1 minimum withdrawal and no fee from Spreadex’s side - your bank’s own processing times apply.
You can reach Spreadex support by calling +44 1727 895 090 between 7:30 am - 10:00 pm GMT daily. Live Chat is available on the website and app during the same hours. For less urgent queries, email sports@spreadex.com and expect a reply within a few hours.
Yes. New customers who stake £10 on a qualifying sports bet receive £60 in free bets - £30 in fixed-odds bets and £30 in spread-bet credits. Existing customers can also earn spread-free bets, acca boosts, refund offers and referral rewards. These ongoing promotions ensure both new and regular punters get extra value.