Spreadex was the first bookmaker to provide both a fixed-odds and a spread betting section on the same platform. Due to the fierce competition against its main rival, Sporting Index, Spreadex is constantly looking for new ways to improve the betting experience. Besides holding a UKGC and FCA license I like that the bookie has added live streaming for the top sporting events as well as Bet Builder, Cash Out and Fast Markets features. It also offers a vast variety of markets monthly, both pre-match (100,000+) and live (25,000+). There is no minimum deposit and no maximum winning limit. In addition, mobile apps come in both Android and iOS versions and are really easy to navigate. However, I noticed that the overall payout of 94% in the fixed-odds zone is downright average for such an experienced bookmaker. The fact that there are no alternative handicap options in tennis is notable. I would also like to see e-wallets integrated into the site as well as the number of local payments accepted to increase. Overall, any punter who enjoys sports spread betting will discover that has the best the market can offer.
Spreadex is a spread betting focused-sportsbook, which means bettors win or lose more depending on the number of goals, sets, points, etc., in a match rather than wagering on a particular outcome. It is one of the top UK online bookmakers and was founded in 1999 as a financial trading company. In 2006 they added an online sports betting service.
The platform is built in-house and is regulated by the UKGC for sports betting and the UK Financial Conduct Authority for financial trading. In 2020, the company was named the “Spread Betting Firm of the Year” for the third time at the London Wealth Management Awards. Today, Spreadex operates both as a fixed-odds and a spread betting website, which makes it unique.
Total Score
7.4Betting Markets 7.5
Odds 7.7
Live Betting 7.3
Reliability 7.5
Payment Methods 7.3
Withdrawal Speed 7.5
Customer Support 7.2
Bonuses 6.5
Mobile 7.9
Sportsbook Experience 7
Players Rating: (3 Rates) 6.0
How the total rating is calculated
- Credit line available
- 30+ sports
- Bet Builder
- 94%+ football payout
- More than 25k live markets per month
- Native apps
- Bank transfers accepted
- Minimum deposit £/$1
Spreadex.com Review
The Spreadex fixed-odds section mainly attracts players from the UK & Ireland and has a lot of country restrictions. On the other hand, the spread betting offering has a more global appeal as it welcomes bettors from Germany, France, India and Canada, among others. Spreadex sports betting comes with an array of extra features such as Live Streaming, Bet Builder and Cash Out.
Also, the live betting zone has become faster with the introduction of the Quick Markets function. In both sections, players can deposit through numerous payment methods such as Bank Transfer, Direct Debit and Cheque.
There are 30+ sports in the Spreadex sportsbook available pre-match, which range from football and tennis to ice hockey and darts. Players can find up to 100 horse races daily, a 94%+ payout on football as well as alternative handicaps for basketball. The bookie also offers unique wagers, like weather and White Christmas betting.
Spreadex Spread Betting
Spread betting allows players to predict if the outcome of an event will be higher or lower than the given “spread”, and it is the most distinguished feature in Spreadex. Depending on the market, there is a minimum bet requirement, which ranges from £1- £5.
Every betting option has a “spread range” and a middle point. The “spread range”, which is expressed as Sell (lower) and Buy (higher), is the bookmaker’s calculation of what will happen in an event. The middle point is the average between Sell and Buy. Players cannot bet on it, and it is essentially the Spreadex margin.
For instance, the spread range for total goals in a football game is 2.8 - 3. If you elect to Buy, once there are 4 goals, you have won the bet. You will see your profit increase in your online betting account for every additional goal in the game. The following table contains the points range for the major sports and markets in the Spreadex sportsbook:
Markets | Spread Points Range | Markets | Spread Points Range |
---|---|---|---|
Football Supremacy | 0.2 | Football Over/Under | 0.2 |
Football Corners | 3 | Football Bookings | 4 |
Tennis Supremacy | 3 | Tennis Games Over/Under | 1 |
Basketball Supremacy | 3 | Basketball Over/Under | 4 |
In the spread betting section, there are more than 150 markets for football on the top leagues pre-match, like cards and corners, as well as 60+ for in-play betting. In basketball and tennis, Spreadex offers 10+ betting options pre-game and slightly higher for live betting.
The horse racing range of markets is also attractive; Players can bet on Starting Price, Winning Distances and Antepost on thousands of races monthly. For those who are not familiar with spread betting, Spreadex offers a Demo Account for those who wonder how does spread betting work.
Spreadex Fixed-Odds
The fixed-odds zone operates as a regular sportsbook. The overall payout is at 94% on pre-game and slightly lower on live betting, with 50,000+ and 10,000+ markets available, respectively, per month. Spreadex football offers competitive odds as well as card and corner bets but no Asian Handicaps.
In the horse racing offerings of the Spreadex sports, players can find up to 100 races each day from several countries, like the UK, Ireland, France, Australia and the US. In tennis, the RTP is 93%, and there are 15-20 markets at hand, but alternative set and game handicaps are missing.
Spreadex Sports Betting Features
The online bookmaker has recently added a live-streaming feature, which is available for almost all the top events in football, tennis, horse racing and other major sports. You need to have an active account and place a bet on a fixture in order to be able to watch it. Besides live streaming, Spreadex also provides a TV schedule for every event available for wagering.
In addition, there is a Bet Builder service alongside Cash Out and Fast Markets options, but no Edit Bet. The Bet Acceptance in live betting is at 3”. All these functions can be found both in the spread betting and fixed odds zone.
Other key Spreadex information
Betting sites, like Spreadex, also consider many other aspects that enhance the betting experience. The website is easy to navigate with a smartphone, and there is a native app for Android and iOS. You can also claim the welcome offer and enter the updated Spreadex Bonus Code from the app.
However, due to the existence of both the fixed-odds and spread betting sections, bettors might require multiple clicks to place their bets; our Spreadex review showed 6+. The live support team is available 24/7 through live chat. You can also contact it via email or phone every day between 08:00-17:30 (UK time).
Deposits are instant, while withdrawals take between 2 and 5 working days, depending on the method. There is no minimum deposit amount required and no max winning limit. Keep in mind that the maximum withdrawal with a card is £/$25,000, but you can request multiple in one day.
You can make payments at your Spreadex betting account with Visa, MasterCard, Bank Transfer, Cheque and Barclays Pingit, among others. Nevertheless, e-wallets like Skrill, PayPal and Neteller, as well as cryptocurrencies, are not supported.
Website |
---|
www.spreadex.com |
Year established |
1999 |
Online Since |
2006 |
Spreadex Review CEO |
Johnathan Hufford |
Address |
Churchill House, Upper Marlborough Road, St Albans, Hertfordshire, AL1 3UU |
Operating License |
UKGC |
Bookmaker Type |
European |
Spreadex Deposit Methods
Charge | Min. Deposit | ||
---|---|---|---|
Free of charge | No minimum | ||
Free of charge | No minimum | ||
Free of charge | No minimum | ||
Free of charge | No minimum |
Spreadex Withdrawal Methods
Min. Withdrawal | Time | ||
---|---|---|---|
No minimum | 2 to 5 days | ||
No minimum | 2 to 5 days | ||
No minimum | 2 to 5 days | ||
No minimum | 2 to 5 days |
- UKGC/FCA License
- 20+ years of experience
- Spread betting + Fixed Odds
- Alternative handicaps in Basketball
- Cards and Corners
- 30+ sports
- 100+ horse races / day
- Bet Builder
- Cash Out (full, partial, auto)
- Fast Markets
- Live streaming
- Comprehensive betting statistics
- More than 100 markets in football
- 94%+ payout on football
- 100,000+ pre match markets per month
- More than 25,000 live betting options monthly
- No max winning limits
- Bank transfer available
- 48-hour card withdrawals
- £/$1 minimum deposit
- Android/iOS native apps
- 24/7 customer support
- Demo account
- Only English language
- Many country restrictions for fixed-odds section
- No Asian bets
- No player points in basketball
- No Edit Bet
- 15-20 tennis markets
- No alternative set/games handicaps in tennis
- No best odds guaranteed
- No Skrill/Neteller
- Losses can exceed deposits
- No negative balance protection
- No PayPal
- Only UK local payments
Spreadex Support
Spreadex Betting
Spreadex Odds
Spreadex Login
Spreadex Sports & Markets
With more than 20 years of experience alongside the fact that it holds a UKGC and FCA license, Spreadex is definitely a reliable bookmaker.
Spreadex takes a small percentage for the players’ bets. This is the spread range between Buy and Sell. Of course, since the range is not the same for all markets, the margin increases and decreases accordingly.
Spreadex provides the opportunity to trade on both falling and raising market prices, with tax-free profits. In the financial spread betting section, you can easily locate markets and indices for bonds, equities, forex, interest rates and commodities.
In order to create an account you need to fill in all your personal information as well as ad and accept the current terms and conditions. Then, you have to provide a proof of address for the last few years and state your employment details and annual income. Since spread betting is riskier than a traditional online sportsbook, the verification process takes more time.
You can call the betting site on these numbers: 08000 526 575 or +44 (0) 1727 895090 for the Sports Desk and 01727 895 000 for general enquiries. The phone support is available every day between 08:00 and 17:30.
The exact address of Spreadex Ltd is Churchill House, Upper Marlborough Road, St Albans, Hertfordshire, AL1 3UU.
Join and grab exclusive bonuses, daily offers and free bets!
Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.
About: Spreadex
Checked them out due to positive comments, and found out I really enjoy spread betting. It just feels better than fixed-odds. Wish they could add Skrill.
show more
8 Nov 2021 Seamus (146.70.4**.***)
About: Spreadex
Lack of Asian bets and not many markets in tennis. No Skrill deposits, too restrictive, better look elsewhere.
show more
17 Oct 2021 Bjørn (185.101.3**.***)
About: Spreadex
Not many horse racing markets available. On the other, good coverage of football and other sports.
show more
5 Jan 2021 Ben (**.***)