Spreadex Review
Spreadex is a sports and financial spread betting company based in the UK, and it is the only online bookmaker that allows users to partake in fixed odds betting and sports spread betting from one account. On the Spreadex site, you can bet on sports, plus buy and sell financial assets too.
Bonus offer
4.5/5
Betting variety
4.5/5
Mobile experience
4.5/5
Payment options
3.5/5
Betting experience
4/5
Support
4.5/5
Summary
4.2/5
| Website | spreadex.com |
|---|---|
| Game Types | Spread betting, Fixed odds betting |
| Deposit methods | Visa, MasterCard, Maestro, Bank Transfer, Cheque, Direct Debit |
| Withdrawal methods | Visa, MasterCard, Maestro, Bank Transfer, Cheque, Direct Debit |
| Odds provider | Spreadex |
| Betting functions | Live betting, in-play streaming, cash out, bet builder |
| Apps | iPhone, Android |
| Support | Live chat, telephone, email |
| Owner | Spreadex Ltd |
| Founded Year | 1999 |
| Headquarter | St Albans, UK |
| Bonus Code | No code |
Spreadex review
Spreadex is online betting site with a specific focus on spread betting, which is different from fixed odds in that you can win or lose more depending on the margin of victory, defeat, or the equivalent. You can also placed fixed odds wagers on Spreadex.
Choose Spreadex for their:
- Spread betting opportunities
- Range of in-play streaming events
- Excellent mobile product
Many new betting sites appear from time to time and claim to have unique selling points, but Spreadex is an established bookie that has one of the biggest USPs of all.
Spread betting is not something that is perhaps known by your average punter, but it is a fun and interesting way to wager on sports, especially if you have a strong opinion on a particular event.
How it works is Spreadex set their prediction for a market and this is known as the spread. You can buy if you think the outcome will be higher than the spread, or sell if you think it will be lower.
Each market is explained on the Spreadex site, which makes everything easy to understand.
For example, if you buy on a total goals market, the more goals that there are versus the spread set by Spreadex, the more you win. On the flipside, if you lose by multiple goals, you'll lose more.
There are various different types of spreads across the various sports on offer, and Spreadex provide spread betting on sports such as football, horse racing, golf, cricket, greyhounds, tennis, and many more.
You can also placed fixed odds bets on Spreadex, and these work just the same as any other wager you'd make on a standard online betting site. On the whole, the payout percentage is around the 94-95% mark, which is middle of the road compared with other UK bookies.
You can also buy and sell financial assets through the site. Check out our betting exchanges article for more information on this type of service.
Find another bookie if you don't like
- Card/bank payments
banking options on Spreadex are limited to debit card transactions or if you'd prefer, you can send a cheque, complete a Bank Transfer, or set up a Direct Debit.
Many punters prefer to use PayPal or other eWallets, but unfortunately this is not available on Spreadex.
Spreadex FAQ
- Register with Spreadex.
- Bet £10 at odds of 1/2+.
- Get £60 in complimentary wagers
Spread betting losses can exceed deposit. 18+ www.gambleaware.org. Place a £10 fixed odds bet at minimum odds of 1/2 and get 3 x £10 free fixed odds bets, 3 x £5 Total Goals football spread bets and 3 x £5 Winning Favourites spread bets and a £1 racing Race Index spread bet. 18+ gambleaware.org
Spread betting sees the bookie set a prediction for what they think an outcome will be in an event, and you can buy if you think the result will be higher than their spread, or sell if you think it will be lower. The further the actual outcome is from the bookmaker's prediction, the more you can win or lose.
Yes - there is fixed odds betting available on Spreadex. Just click on any event and you will see the options for both 'Spread betting' and 'Fixed odds'. Click the latter to see the odds, and you can change it from decimal to fractional depending on your preference.
Horse racing is one of the most popular sports on the Spreadex site, and there are various spread betting markets to choose from in each race. For example, in each race, points are awarded for first, second, and third, and you can buy or sell a horse's spread based on where you think they will come in relation to Spreadex's prediction.
The banking options available on Spreadex are Visa, MasterCard, Maestro, Bank Transfer, Cheque, and Direct Debit.
Spreadex banking options
The deposit and withdrawal methods on Spreadex are pretty old school. You'll need to use your debit card, or otherwise send a cheque, Bank Transfer, or Direct Debit.
While the range of banking options isn't massive, there is some flexibility with withdrawal amounts, as there is no minimum for this.
Spreadex UK banking
SPREADEX DEPOSITS (MAIN OPTIONS)
- Visa
- MasterCard
- Maestro
- Bank Transfer
- Cheque
- Direct Debit
SPREADEX WITHDRAWALS (MAIN OPTIONS)
- Visa
- MasterCard
- Maestro
- Bank Transfer
- Cheque
- Direct Debit
Visit Spreadex for full details on banking options.
Spreadex Limits on Payments and Withdrawals
You can deposit as little as you like into your Spreadex account, but they do reserve the right to charge £1 if you deposit less than £50 from a debit card.
Spreadex's details can be found on their site and you can use them to make payments. There is also the option to pay over the phone by calling the customer service team.
The maximum withdrawal onto a card is £25,000, with the exception of MasterCard which carries a £2,500 maximum.
Spreadex Verification
Age verification checks are carried out on all Spreadex customers to ensure that you are 18 or older.
As is the case with all online betting sites in the UK, you may need to send in copies or scans of documents if your verification cannot be completed electronically upon sign-up.
You may need to send Spreadex:
- Photo ID
- Utility bill
- Bank statement
Spreadex promotions
On top of the Spreadex new-player promotion, there are a number of other promotions that existing customers can take advantage of throughout their time with Spreadex.
There is a 'Promotions' button in the Extras section in the sidebar, and here you will find information on the various ways you can get extra value out of the site through all of the deals they provide.
A Refer and Earn offer is available, and you can also qualify for spread-free sports bets.
You will also find other resources in the Promotions section, such as a weekly sports update and the top bets of the month.
About Spreadex
Spreadex is based in St Albans, Hertfordshire, and is one of the most established companies within online betting - let alone spread betting.
On four occasions, Spreadex has been named Best Spread Betting Firm for Customer Service at the Investment Trends Spread Betting Awards, and it is also a three-time Spread Betting Firm of the Year winner at the City of London Wealth Management Awards.
According to the Spreadex site, the company has grown significantly since being formed in 1999, with yearly revenues up to more than £50m from 2010 to 2016.
Spreadex sign up offer
New customers can claim the Spreadex sign up offer which is worth £50 in bet bonuses.
Your complimentary wagers are split into five £5 free bet credits, and you get one per day for five days. You also get free spins on Starburst.
How to claim the Spreadex sign up offer:
- Click 'Claim' and register with Spreadex.
- Place a £25 fixed odds bet at minimum odds of 1/2.
- Get 5x £5 free fixed odds bets, 4 x free £5 spread bets + 50 free spins on Starburst.
Spreadex sign up offer T&Cs
Place a qualifying £25 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early.
A first free £5 fixed odds bet will be credited upon settlement of the qualifying bet.
4 x following £5 free fixed odds bets will be added to your account on consecutive days.
E.g. Qualifying £25 bet placed and settled on Monday. Then:
- 1st £5 free fixed odds bet available to use from Monday.
- 2nd £5 free fixed odds bet available to use from Tuesday.
- 3rd £5 free fixed odds bet available to use from Wednesday.
- 4th £5 free fixed odds bet available to use from Thursday.
- 5th £5 free fixed odds bet available to use from Friday.
After your first free fixed odds bet you will also get a free £5 Total Goals spread bet, a free £5 Winning Favourites spread bet and a free £1 Race Index spread bet.
And after your second free fixed odds bet you will aget a second free £5 Total Goals spread bet and second free £5 Winning Favourites spread bet.
You must have a full spread betting account to be able to claim the free Total Goals, free Winning Favourites and free Race Index spread bets.
Note, for future spread bets placed, losses can exceed deposit.
After your first free fixed odds bet you will also receive 25 spins to be used on Starburst.
After your second free fixed odds bet you will receive a further 25 spins to be used on Starburst.
Each free spin is worth 10p and there are no wagering requirements.
The maximum win on the free spins is £100 per 25 spin bundle.
Place a smaller qualifying fixed odds single bet at minimum odds of 1/2 and get different amounts of free fixed odds bets as per below:
- Qualifying bet £5 to £9 = 1 x £5 free fixed odds bet.
- Qualifying bet £10 to £14 = 2 x £5 free fixed odds bets.
- Qualifying bet £15 to £19 = 3 x £5 free fixed odds bets.
- Qualifying bet £20 to £24 = 4 x £5 free fixed odds bets.
complimentary wagers and spins must be claimed within 28 days of opening. Free bet/spin stake not included in any winnings. Ts&Cs Apply. 18+ gambleaware.org
Spreadex sports betting
Spread betting losses can exceed deposit. 18+ www.gambleaware.org. Place a £10 fixed odds bet at minimum odds of 1/2 and get 3 x £10 free fixed odds bets, 3 x £5 Total Goals football spread bets and 3 x £5 Winning Favourites spread bets and a £1 racing Race Index spread bet. 18+ gambleaware.org
Spreadex can be split into two different types of sports betting - spread betting and fixed odds - but it all is all found under one roof in the online sportsbook.
The homepage can appear quite confusing at first, especially if you're not familiar with spread betting, but you can familiarise yourself with the concept by visiting the 'Get Started' page.
At the top of the page, the events displayed first are usually the next horse races followed by in-play events. You can then click into any event and look through the spreads or the fixed odds.
Spreadex Football Betting
Each spread betting market has different formats and rules, and you can find out exactly what they mean by clicking the i button.
Within football, there are many markets to choose from not just for single fixtures, but also 'Group Specials' that apply to entire rounds of fixtures.
If you want an interest across all fixtures, Group Specials are a good option.
Group Specials options include Premier League Weekend Action, and for this, points are assigned to outcomes such as both teams to score in the first half and 5+ goals in a game, but points are taken away from the total if there is a 0-0 draw.
As far as fixed odds are concerned, all of the standard markets you would expect to see are on offer, including a bet builder, but there is no Asian handicap.
Spreadex Horse Racing Betting
Horse racing is another of the top sports on Spreadex, and just like with football matchdays, you can bet on spreads that span across an entire meeting or just wager on a single race.
If you sell on a horse, it is similar to laying it on an exchange. If you buy, the best possible outcome is if it wins but you can also profit if it places, depending on what the spread is. The higher the spread, the better the horse is expected to perform.
The fixed odds option allows you to just back a horse to place, or you can pick a horse to win without the favourite.
Spreadex products
Spreadex bring not only spread betting to the table, but also all of the features that you would expect from any modern online betting site.
All of the tools are at a high standard, and this can definitely be a one-stop-shop for anybody who likes both fixed odds and spread betting across a wide range of sports.
Spreadex Live Betting
The in-play betting selection on Spreadex is excellent. Spreads are available on live events, such as in tennis, in which you can buy or sell on total sets, total games, or simply a player to win the match.
Golf is also one of the best sports for live spread betting on Spreadex as the tournaments play out over a longer period and there are opportunities to find value.
There is no shortage of live fixed odds, and even the football bet builder is available in-play.
Lots of events are available for live betting and streaming.
Spreadex in-play streaming
Of all of the UK betting sites, Spreadex has one of the very best in-play streaming catalogues. There is cricket, tennis, snooker, football, and much more on offer.
You can also watch lots of horse races, through you need to place a bet in order to watch a race.
Look out for the TV icon logo next to an event that indicates in-play streaming availability. If the event is being shown on TV in the UK, Spreadex will display the logo of the channel, which is a nice touch.
Spreadex Cash Out
There is the option to cash out some of your wagers on Spreadex, and by doing this you can secure a profit or cut your losses.
You can even set an auto-cash out on your spread bets, and that way you can get out for a certain figure if it reaches a certain point.
Spreadex Mobile
Spreadex's site is optimised for mobile so you can bet and trade while on the move. It is presented really nicely on the smartphone, and whether you use the mobile site or download the app, it is very easy to use.
Spreadex iPhone App
The Spreadex app for the iPhone can be found in the App Store, and it deservedly has a very high rating.
You can use Face ID to log in quickly and the bet builder and in-play streaming features are perfect for the app.
Regular updates are made to the app to ensure that functionality is as good as it can be and any bugs are promptly fixed.
A superb range of features are available on the Spreadex iPhone app.
Spreadex Android App
In the Play Store, search for Spreadex and you will see the range of apps they have available, including the sports betting app.
It has had 10,000+ installs in the UK and at the time of writing, the last update was made just a few weeks ago.
There is also an app for Spreadex Financial Trading.
In-depth guide: Spreadex
How Roulette77 evaluates UK bookmakers
Roulette77 refreshed this assessment in July 2026 using the same field checklist we apply to every UK bookmaker. That means live account checks, cash-out timing, mobile app stability, and a close read of bonus conditions. When reviewing Spreadex, we paid particular attention to whether listed prices stay competitive once the welcome campaign ends.
Understanding value beyond the front-page offer
Smart comparison starts after the banner. Market exclusions, and verification steps change the effective value of any sign-up promotion tied to Spreadex, our team explain how wagering requirements. Current sign-up positioning: Bet £10 Get £60 in Bet Bonuses.
Markets, features and mobile experience
From racing multiples to in-play soccer, we expect intuitive navigation and readable bet slips. Our July 2026 notes cover where Spreadex excels on mobile and where desktop still features a smoother experience.
Banking, limits and responsible gambling
Responsible play sits at the centre of our reviews. Alongside banking notes for Spreadex, we remind readers to set limits early and use GAMSTOP if they need a break from every UK-licensed operator.
Using internal links to build your betting strategy
Roulette77 is structured as a hub-and-spoke resource. Start from ourfull UK betting sites list, drill into individual reviews, then check daily offers and free bet guidesfor active promotions. Tournament pages such asWorld Cup betting promotionsaggregate short-lived deals so you do not miss kick-off deadlines.
Quick comparison: where to bet next
| Bookmaker | Best for | Review |
|---|---|---|
| Highbet | Football coupons & bet builder | Read review |
| Betano | Horse racing & each-way | Read review |
| Parimatch | in-play streaming & in-play | Read review |
| BetAhoy | Casino crossover offers | Read review |
| BetUK | Fast e-wallet withdrawals | Read review |
| Matchbook | Competitive welcome value | Read review |
| EasyBet | Football coupons & bet builder | Read review |
When comparing Spreadex compared with the wider UK market, bettors should think in conditions of lifetime value rather than a single headline promotion. Opening lists are useful, but recurring features — acca insurance, early payout rules, bet builder flexibility, and loyalty rewards — often matter more over a full soccer season. Our team document both the acquisition offer and the retention offers that appear in your account inbox weeks following registration.
Yet horse racing, tennis, cricket, and increasingly esports carry different margin profiles and promotional calendars, soccer remains the volume driver for most UK bookmakers. Should you specialise in one sport, prioritise operators with deep coupons, competitive each-way fractions, or tournament-specific boosts. OurBoostfinderpage aggregates short-lived enhanced prices so you do not need to open ten apps before kick-off.
Payment friction is an underrated factor. Some brands restrict new-player offers to debit card deposits only; others exclude e-wallets from qualifying bets. Our team state these restrictions in straightforward language because they change the real value of a promotion. Likewise, verification delays can push your first withdrawal past a weekend — we note typical KYC turnaround where operators publish it.
Sister-site rules catch many experienced bettors off guard. Meaning only one welcome package per person, two brands may look independent yet share a UKGC licence. Ourbetting sister sites tablemaps parent companies to child brands. Casino sister sites follow similar logic — see thecasino sister sites guide if you also play slots or live dealer games.
Finally, treat bankroll management as part of product research. Set funding limits prior to you chase losses, use time-outs during busy sporting calendars, and register withGAMSTOPif you need a multi-operator self-exclusion. Roulette77 publishes education-first content; we are not a sportsbook and we do not take customer stakes. Our role is to help you choose licensed operators with transparent terms.
How UK odds and margins affect long-term returns
Bookmakers build a margin into every price — the overround. Although niche leagues can exceed 110%, a tight market on Premier League match odds might run at 102–104% combined implied probability. Over hundreds of bets, that margin compounds. Smart bettors line-shop throughout licensed accounts, use price boosts strategically, and avoid markets with poor value. Not only on promotional headlines, spreadex is assessed on whether its core football and racecards prices sit near the industry median.
In-play betting: latency, cash-out and partial settlement
Live betting rewards fast interfaces and accurate suspension rules. At Roulette77 we note when cash-out quotes lag behind pitch events, when bet builders lock mid-match, and whether partial cash-out is available. Operators that delay suspensions on goals or red cards create unfair exposure — we flag patterns reported by readers and seen in our tests.
Acca insurance, early payout and promotional mechanics
Subject to min. legs and max refund caps, accumulator insurance in most cases refunds stake as a free bet if one leg loses. Early payout runs settle winners before full time when conditions are met — useful for football but read sport exclusions. At Roulette77 we explain how these features interact with new-player offers so you do not accidentally void a promotion by mixing bet types.
KYC verification and first cash-out checklist
prior to your first payout, prepare photo ID, proof of address, and sometimes card images. The majority of UK brands complete checks during 24–72 hours. Delays often come from mismatched names or e-wallet accounts not in your legal name. Our reviews note whether live chat can expedite verification and if operators publish a document checklist in the help centre.
Comparing apps: notifications, biometrics and bet history
Mobile apps should support Face ID or fingerprint login, clear bet history export, and granular push alerts for settled bets or price changes. Geolocation checks for UK compliance, and whether the mobile app crashes during busy Saturday 3pm kick-offs, we routinely test onboarding flows. A clunky mobile app pushes recreational users toward desktop — we score both.
Horse racing: each-way conditions, BOG and extra places
racing bettors should benchmark each-way fractions (often 1/4 or 1/5), field-size rules, and Best Odds Guaranteed on day-of-race coupons. Extra-place campaigns on selected handicaps can outweigh a smaller welcome bonus. We link racing-heavy brands from ourmain listand note when streaming requires a funded account.
football: bet builders, same-game multis and stats integration
Cards, shots, and match result — into one price, bet builders exploded in popularity as they bundle correlated outcomes — corners. Not all builders price fairly; some cap maximum stakes on long-shot combos. We routinely document builder depth for major leagues and whether stats overlays (xG, form guides) are native or third-party.
Casino crossover: when a sports new-player promotion excludes slots
Numerous UK brands operate parallel casino sites under the same regulatory approval. Sports new-player deals often exclude casino play from qualifying turnover. Read whether a combined package exists or if you must choose one vertical, if you are looking to want both. Ourcasino sister sitesoverview explains shared wallets and bonus restrictions.
Essential Roulette77 guides
- UK Betting Sites List— weigh up every UKGC-licensed bookmaker we follow, ranked by value and reliability.
- Betting Offers— Daily updated sign-up deals, reload offers and matched deposits from major UK brands.
- free bets— How free bets work, minimum odds rules, and the best current free bet deals.
- Boostfinder— Same-day enhanced prices from UK sportsbooks in one searchable tool.
- World Cup Promotions— Tournament-specific free bets, acca insurance and builder specials.
- Betting Sister Sites— Which operators share a regulatory approval and how that affects welcome bonus eligibility.
- New Betting Sites— Recently launched UK bookmakers reviewed for safety, markets and promotions.
Top UK bookmakers to compare
- Highbet review— full bonus breakdown, banking options and Roulette77 verdict.
- Betano review— full bonus breakdown, banking options and Roulette77 verdict.
- Parimatch review— full bonus breakdown, banking options and Roulette77 verdict.
- BetAhoy review— full bonus breakdown, banking options and Roulette77 verdict.
- BetUK review— full bonus breakdown, banking options and Roulette77 verdict.
- Matchbook review— full bonus breakdown, banking options and Roulette77 verdict.
- EasyBet review— full bonus breakdown, banking options and Roulette77 verdict.
- Midnite review— full bonus breakdown, banking options and Roulette77 verdict.
- Betway review— full bonus breakdown, banking options and Roulette77 verdict.
Frequently asked questions
Are UK betting sites safe and legal?
Yes — any operator listed on Roulette77 holds a valid UK Gambling Commission licence. We routinely verify licence numbers, safer gambling tools and complaint channels ahead of publishing a appraisal.
How do new-player promotions work?
generally, UK welcome deals require a qualifying top-up and bet at min. odds (often evens or 1/2). Winnings may exclude the stake. Always read full terms on the operator site prior to opting in.
Can I use multiple bookmaker accounts?
Yes, provided each account is in your own name. Sister sites under the same licence may restrict multiple welcome bonuses — see oursister sites guide.
What is the best way to compare odds?
Use our Boostfindertool for enhanced prices, or open several licensed accounts to line-shop ahead of major events.
How fast are withdrawals?
E-wallets often pay within 24 hours; debit cards can take 1–5 banking days. We routinely note typical payout speeds in every bookmaker appraisal on Roulette77.
18+ only. Please gamble responsibly. Terms apply to all offers. Last updated July 2026.
Extended UK betting guide: Spreadex
Regulation shapes every product decision a UK bookmaker makes. Affordability messaging, and intervention when play patterns suggest harm, this Gambling Commission requires clear conditions. Operators must segregate customer funds and submit to annual audits. When we review Spreadex, regulatory approval status is non-negotiable — unlicensed sites are excluded entirely from Roulette77, regardless of attractive odds abroad.
Promotional calendars follow the sporting year. Domestic football returns in August; Cheltenham and the Grand National anchor the racing spring; tennis majors and golf majors bring spot offers; winter football and darts fill the gap. Bookmark ourbetting promotions hubfor cross-operator round-ups updated as brands publish new campaigns.
Tax treatment for UK recreational bettors is straightforward: winnings are not taxed as income. That does not mean betting is risk-free — expected value is still negative on most coupons once margin is accounted for. Treat staking as entertainment spend with a fixed budget, not a income strategy. Use operator top-up limits and reality checks available in account settings.
Payment method choice can affect offer eligibility. PayPal, Skrill, and Neteller deposits are sometimes excluded from welcome bonuses. Debit cards remain the default qualifying route for most UK brands once credit-card gambling was banned. Apple Pay and Google Pay adoption is growing; we note which operators support them for both deposit and payout.
player support quality varies by channel. Live chat is fastest for promotion queries; email suits complex KYC cases; phone lines are rarer but still offered by legacy brands. At Roulette77 we test response times with standard questions about offer expiry and payout status. Poor support is a ranking penalty even when odds are competitive.
Decimal, American — are cosmetic in the UK where fractional remains common, odds format preferences — fractional. What matters is whether switching formats recalculates correctly in the bet slip and bet history. Our team as well check that each-way and forecast bets display potential returns plainly prior to confirmation.
Multi-accounting rules prohibit sharing accounts or registering on behalf of others. Sister-site restrictions mean one welcome package per corporate group in many cases. Attempting to circumvent rules can freeze balances. Oursister sites tableis the fastest way to see which brands share ownership.
in-play streaming geo-blocks apply even inside the UK if you travel. Operators require a funded account or a minimum bet on the event being streamed. Data usage on mobile can be heavy — Wi-Fi is advisable for full-match streams. Our team list streaming breadth where operators publish rights information.
Bet settlement disputes should start with the operator’s complaints procedure, then escalate to IBAS or the operator’s ADR scheme as listed on the UKGC register. Screenshot bet confirmations and note kick-off times. Roulette77 does not adjudicate individual bets; we educate readers on process and document operator complaint channels in reviews.
Closing thoughts: Spreadex should be judged as part of a portfolio of licensed accounts. No single bookmaker wins every market every Saturday. Open two or three accounts with strong offers in your preferred sports, useBoostfinder for enhanced prices, and revisit our new betting sitespage when fresh brands launch with aggressive acquisition features.
More questions answered
What is the minimum age to bet in the UK?
You must be 18 or over. Operators verify age at registration and may request ID ahead of first payout.
Can I cancel a bet after placing it?
Generally no, unless the operator lists a grace-period cancellation or the market was priced in error. Cash-out is the practical alternative once live.
Do betting runs apply to existing customers?
new-player promotions are for new customers only. Existing customers should check the promotions tab, email offers, and our offers page for reload deals.
Is live betting available on all sports?
Major football, tennis, and basketball are widely covered; niche sports may be pre-match only. In-play coupons suspend promptly around key events.
How does Roulette77 make money?
Our team may earn commission when readers sign up via tracked links. Editorial rankings are not sold. See ourabout page for methodology.