Spreadex Review 2025

Betting sites don't come more unique than Spreadex, which is a one-stop shop for financial trading, sports spread betting and casino play.

Spreadex was launched way back in 1999 as a financial spread betting website by the managing director and former City dealer Jonathan Hufford. The site, privately owned by Spreadex Limited, then added sports spread betting to the mix in 2006 and a fixed-odds offering in 2010. 

While most punters will have no issues understanding Spreadex's fixed-odds system, spread betting can be a little harder to understand. While the returns on spread bets can be big, its important to remember that the losses can be sizeable too, exceeding your original stake on occasions. 

Before going any further, it might be worth reading our comprehensive guide to spread betting to see if it's for you.

Spreadex Sign up Offer 

The Spreadex sign up offer gives UK punters £40 in free bets and I like the fact that this promotion allows you to try out a range of their products. 

All you need to do to access this deal is to open a new account and place a qualifying fixed-odds bet worth £10. 

No Spreadex bonus code is required and the minimum odds of the qualifying bet need only be 1/2 (1.5).

Once the bet is settled, you will receive two £10 fixed-odds free bets, four £5 free spread bets, and a free £1 Race Index spread bet.

I particularly like the fact you get a bit more freedom to do as you please with your bonus. You have 28 days to use the free bets and there are no restrictions on how you can spend the fixed-odds free bets, which can also be used on in-play markets.

Spreadex Promotions For Existing Customers 

After claiming the Spreadex sign up offer, I had the opportunity to enjoy a stream of promotions aimed at existing bettors. 

There are a good number of regular promos available, with horse racing punters being particularly well-served. Let’s take a look at what’s on offer:

Spreadex Football Promotions 

If you enjoy placing a football acca and are looking for a new accumulator betting site, Spreadex is an option to consider.

Their Boost Your Acca Winnings deal adds an extra percentage to your returns and the more daring you are, the bigger the potential rewards. 

A winning treble will receive a 5% winnings boost and for each extra pick that you add to your acca, the boost is increased by another 5%, right up to a 100% bonus on a 20-fold accumulator. 

Spreadex also guarantees best odds on all Premier League matches, matching or beating those on offer from rival football betting sites. 

Spreadex Horse Racing Promotions

Spreadex offers a trio of useful promotions that helps to make this one of the best horse racing betting sites. 

With the First Past the Post deal, if a horse finishes first in a race only to be demoted for causing interference, Spreadex will pay out on both the original winner and the promoted winner. This applies to both fixed-odds and spread bets. 

If you only have one winner from your Lucky 15, Lucky 31 or Lucky 63 bets, then Spreadex will pay out at double the odds on your successful selection, with their Lucky Double offer. 

Finally, their 2nd to a Rag Insurance protects you if you bet on a horse and it finishes second behind a winner with a starting price of 33/1 or greater. You will get your money back in the form of free horse racing bets, up to a maximum of £25.  

More Spreadex Sports Betting Offers

Spread customers can enjoy regular free spread bets with this betting site.

Place three spread bets on qualifying sports markets and you get the chance to place a fourth spread bet on the same market free.

This means that rather than the top or bottom of the spread, your bet goes on at the market mid-point. 

In addition, Spreadex also offer Daily Price Boosts, typically on the biggest fixed-odds sports markets of the day. 

In-Play Betting Options & Features 

Spreadex really excels when it comes to live betting, with their in-play betting section being one of the best in the industry.

It is very cleanly laid out, with a menu listing all the available in-play sports running across the centre of the page and additional menus showing the most popular events, while Spreadex is one of the best betting sites with live streaming as well.

When conducting my review, I found football, tennis, Esports, horse racing, greyhounds and table tennis events, all available to stream live. 

For events that do not feature live streaming, graphical representations of play, latest scores and stats are a useful alternative.

It is easy to switch between live spread betting and fixed-odds markets, with competitive prices on offer and the opportunity to cash out your bet early available. 

Bet Builder 

The bet builder function at Spreadex has a major additional extra when compared to those available at most bet builder sites. 

Not only can you create a bet builder using fixed-odds markets from the same event, you can also make your own same-game spread betting acca. 

With a bet builder made up of spread selections, your spread will be based on a 100-1-0 index - 100 if all selections of the bet are successful, 1 if one element comes in and 0 if none are winners.

You choose to buy in or sell at a certain stated level and depending on how the bet builder fares, your stake is either multiplied as a win or a loss, just like a normal spread bet. 

The regular fixed-odds spread bet is very easy to use, with the accumulated price being instantly adjusted as you add extra selections. 

Depositing & Withdrawing at Spreadex

Spreadex Mobile Betting Review 

Spreadex essentially runs two sports betting products from the same platform, which is a design challenge when translating to a smaller screen. 

I found that the Spreadex app for iOS and Android devices made switching between the two products easy.

The app has been well-received by other users too, scoring 4.7 out of five on the App Store on average and 4.2/5 from user reviews on the Google Play Store.

There is a lot going on at this betting site, so to make it all easy to find and intuitive to navigate around, is no mean feat.  

Spread betting, in particular, can demand your attention, so being able to manage your positions through a reliable mobile betting app is a necessity. 

For those not keen on downloading betting apps, Spreadex's mobile site is well-designed and easy to use from a browser like Chrome.

It manages to fit all the information you need on the screen without making it feel cluttered and is a good alternative to the app.