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SUMMARY

Founded in 1999 as a financial trading site, Spreadex has become one of the premier sportsbook offerings in the UK and beyond. They've been offering odds on sporting events from as far back as 2006, and are rather unique in what they do.

Founded in 1999 as a financial trading site, Spreadex has become one of the premier sportsbook offerings in the UK and beyond. They’ve been offering odds on sporting events from as far back as 2006, and are rather unique in what they do. As the name implies, they focus on spread bets rather than fixed odds. This means rather than betting on a fixed outcome, you’ll gain or lose profit based on factors such as goals, points, and so on.

What makes Spreadex worth checking out? Let’s take a look at what they have to offer.

Website Design

The first thing to consider is the site itself. What does it look like, and is it useful site to use for you as the better?

Unlike other betting sites, you’ll see there’s no frills when it comes to the design. With so many other sites offering a flashy look that’s full of things vying for your attention, this is a breath of fresh air. When you log on, you’ll be directed to either financials or sporting, so you’ll get the right place right away.

At the top of the page, you’ll see all the information about your account. This includes your balance, so you can see how much you have available as soon as you want to place a bet. It’s very helpful to have all that information to hand, wherever you are on the site.

Drop down menus allow you to find just what you’re looking for. You can refine your searches by what’s currently playing, by sport, and so on. When you place a bet, the betting slip is always displayed in a box to the right of the screen. Everything is very user friendly and allows you to keep up with what’s going on.

The site works just as well on mobile browser as it does on desktop. It has a mobile version that works well on your phone, so you can make your way around just as easily. If you want a truly optimised mobile experience though, there’s a specially designed app available through the Google Play and iOS stores. These make it even easier to use the site on the go.

The site design is definitely one of the best things about the Spreadex experience. It’s so easy to find what you need, and the simple design makes it so much more pleasant to use. Having the option to download an app for the site is great to have, too.

Screenshot from the Spreadex website

Sports Markets

Ok, so once you’re on the site, what kind of sports markets can Spreadex offer you? Will you find your favourite sports there, and is there anything niche that you can discover?

There’s almost 20 different sports available on the site, so you’re almost bound to find your favourite sport. This includes sports like football, golf, cricket, rugby league, and more. There are some amount of niche sports, such as UFC or darts. There’s even a growing section on eSports, something that’s really taken off in recent years.

While they do have a good collection of sports, it’s not as many as you’ll find on other sites. If you like major sports, then you will like Spreadex as it offers good market depth on them. There’s around 150 markets for the major sports, so there’s always something exciting going on here.

Betting Odds

What are the odds like at Spreadex, as compared to other betting sites? It’s actually hard to say, as when it comes to spread betting there’s more risk involved. You could stand to win a lot on your bet, but you can also stand to lose a lot too. Of course, if you’re in it for the thrill, then you’ll love being able to place these spread bets on your favourite sports.

If that sounds like too much risk though, you’re not excluded from the fun. Spreadex does also offer fixed odds, and you’ll see that they’re very much comparable with other big betting sites out there. However, if that’s the case you’re probably not going to stick with this site for your betting needs.

Betting Options

Now let’s look at what kind of bets you can place with Spreadex. Are there lots of options for you?

Spread betting is obviously the main feature here, and it’s the one that most people come to the site to check out. It’s not all they have, though. You’ll also see that there’s the option to view bets in a decimal or fractional format, helping you see exactly what the odds are and make your bets accordingly. You’ll see that many bets start at as little as 1c, so you don’t have to place large bets when getting involved with spread betting. It’s certainly a great way to dip your toes into the water.

On the site, you’ll see that there’s an ‘in play’ option, allowing you to place bets on sports that are currently happening. You can keep track of the sport in real time on the site, so you can see what’s happening. This option allows you to place both fixed and spread bets should you so choose.

Welcome Offer

If you’re tempted to sign up thanks to the markets and unique betting features, then you’ll want to know if Spreadex have a welcome offer. There’s lots of sites out that offer good welcome deals, so what can they give you?

Right now, if you sign up with them you can get up to €27.50 in free bets. To claim this offer, you’ll need to sign up and place a €27.50 fixed odd bet at minimum odds of ½ or greater. Once you’ve done so, the free bets will be split up and applied to your account over a period of five days.

It’s a good offer, and certainly beats out many others out there. What’s really great about it is that there’s not tons of terms and conditions applied to it, so you know exactly what you need to do to claim the offer. You’ll also know just how you’ll get those free bets, so everything is clear and simple.

Payment Options

To claim that free bet, you’ll need to deposit some cash so you can get started. Are Spreadex offering the same payment options as other sites out there?

When it comes to payment options, the selection is a little limited. You can use cards like Visa or Mastercard, bank transfers, cheques, or direct debit. These are all good options, but there’s no obvious eWallet options like PayPal that you can use. Many like to use eWallet payments as they offer another layer of protection that you don’t get otherwise. With so many other sites out there using them, it’s a surprise that they’re not available here.

It’s also important to note that if you deposit under €55, you may be subject to an extra charge. This is a shame, as Spreadex can offer a lot in other areas, but in payment options it does really appear to be lacking.

Ongoing Promotions

As well as the welcome offer, you’ll see that there are always some ongoing promotions happening too. Can Spreadex compete with other sites out there with the offers they have for you?

Right now, you’ll see that you can get €110 in free bets if you refer a friend. If you know anyone who’s as into betting as you are, it’s well worth your time to refer them to the site and make some easy cash. You can also have the chance to place some spread free bets. These are spread bets that allow to to bet at the mid point, rather than at the top or the bottom. Keep an eye out for these bets in order to make some good cash.

Customer Service

Ideally you’ll never have any problems using the site, but sometimes things just go wrong. When that happens, you want to be able to get help as soon as possible. With this in mind, you can talk to the customer service team at Spreadex to help you out. Are they helpful when you really need them?

Many customers report that they find the team incredibly helpful, and that they always do their best to get things back up and running for when needs be. It’s good to see that the team have your back when you need them most.

To talk to the team, you have a few different options. There’s a freephone number in the UK, and a landline number for other countries so you’ll never have to pay large phone bills to get in touch with them. There’s also an email address for less urgent queries, so you can send an email if you have any questions about the service itself. What we did note that there’s no live chat function, something that you will normally see on most betting sites. Many people prefer to use this option, so we’re a little disappointed to see it’s not here.

The good news is that the customer service team are available 24/7, so no matter when you like to play you’ll be able to get help when you need it.

Responsible Gambling Features

More and more gambling sites are including responsible gambling features, and Spreadex are no exception. You’ll see that the site will make the risks of spread betting very clear to you before you sign up, so you’ll know exactly what you’re getting into.

The features available to you include being able to set deposit limits via the account section, limiting your spending on the site. You can also set a timeout period if you need some time away from the site, or even block your account for up to five years if needs be. These all help you stay in control and enjoy the site responsibly.

Conclusion

Spread are certainly one of the more unique betting sites out there. As a sportsbook, they offer a different take on betting, allowing you to place those spread bets. These are perfect for those who like a risky bet, and the site is very clear about how they work before you sign up with them. Are they the best betting site to sign up with?

The welcome bonus is good, and while not as generous as others, it does make it very clear how to claim it. There’s not as many strings attached, so you’re not having to comb the terms and conditions to see what you’ll actually get. With lots of ongoing offers, such as the referral program, you’ll always be able to boost your earning potential when placing bets here.

The site itself is designed well, making it very easy to get around and see what’s happening. Your account details are always available at the top, and your betting slip stays to the right of the screen so you’re always up to date. The mobile app allows you to take Spreadex on the go, too.

There’s a good amount of sporting markets available, with all the most popular sports having a good market depth too. With the live play feature, you’ll see that there’s always something going on for you to bet on. While spread bets are the site’s speciality, you’ll see you can place fixed bets too if you’d like.

The customer service team are always available, so you can get in touch should you ever need them. They can help with all kinds of things, and are contactable via phone or email. The only problem with this service is that there’s no live chat function available to you.

In fact, the only major issue with the site is that there’s a lack of eWallet options for depositing and withdrawing cash. With many people liking to use them for security, it’s a pity they’re not available here.

All in all, Spreadex offer a slightly different betting experience that you’ll want to check out. Maybe it’ll soon become your favourite betting service out there. Give it a try and see, as many others love what they offer.