Spreadex Review
Spreadex is an online betting and trading site that gives customers the opportunity to bet on a variety of sports as well as purchase and sell various types of financial assets. Spreadex is not like any other online sportsbook since it also provides spread betting in addition to the more traditional fixed odds. A diverse selection of games may be played at the Spreadex Casino, which is another option.
SPREADEX SCORE
Positives
- Spread betting service that has won several awards
- Bet builder tool
- Excellent mobile app
Negatives
- No PayPal deposits
- Not appropriate for betting novices
PROS AND CONS OF USING SPREADEX
Spreadex is one of the online bookies that we suggest the most simply due to the fact that it is one of the most unconventional sports betting sites currently available on the market. You could try out spread betting, which allows you to win even more money if the decision you make ends up winning by a significant margin, but it also comes with its own set of hazards.
Pros
- The most awarded spread betting site on the market, which has led the industry for years.
- A mobile betting app for both the iPhone and Android operating systems, in addition to a separate app for financial trading.
- Extensive live streaming library featuring a variety of sports like snooker, football, tennis, and more.
Cons
- You can only deposit using your bank account or a credit or debit card. There is a complete ban on using electronic wallets for deposits or withdrawals.
- The spread betting markets might be difficult to understand for some people, and they come with an increased level of danger.
Verdict
- Spreadex offers fixed odds betting in addition to its spread betting service, but the latter is the one that makes joining up for Spreadex worthwhile. It is better suited for bettors who are intermediate to advanced in skill.
- The site has an appearance that is reminiscent of the past, but the technology used is completely up to date, and everything works without a hitch. You won’t have any trouble finding whatever you would require.
Spreadex, like with spread betting in general, is not appropriate for all investors. There is a solid reason for Spreadex’s excellent reputation inside the business. If you invest the time to learn how everything works, it has the potential to be a fantastic alternative to fixed odds, and there is also a good reason for that reputation.
SPREADEX REVIEW
Spreadex, which has its headquarters in St. Albans, Hertfordshire, was recognized by the FT1000 as one of the top 1000 fastest-growing firms in Europe in 2017, and it is widely regarded as one of the most successful betting organizations in the United Kingdom.
If you are interested in spread betting and want to get started, the service is excellent, and the platform is just what you need because of the company’s more than 20 years of expertise in the business.
You may get started with Spreadex’s welcome offer, which consists of free bets, and from that point on there will be more incentives for you to take advantage of.
You may discover news and blog pieces under the Promotions area, in addition to spread-free bets and the Refer & Earn promotion, which are both examples of entries in this department.
The webpage focuses mostly on horse racing and football markets, but it also includes connections to information about other major sports. You may check all of the spreads as well as the odds that are fixed by clicking into any event.
Spreadex has positioned a little symbol next to each potential bet so users may understand the conditions of the wager by clicking on the icon. This is necessary since every spread betting markets have unique requirements.
Once you have gone through each market, everything is organized quite beautifully, and it is not difficult to comprehend what is going on. You will not find a specific area on the site devoted to fixed odds; rather, you will need to look at the odds that are fixed for each individual event.
The Spreadex football betting package includes a wide variety of different wagering choices.
You may also place bets using your mobile device by accessing the mobile site or downloading the app, which is offered for both the Apple iPhone and the Google Android operating system.
Excellent customer service is available through a variety of channels, including email, live chat, and the traditional telephone line.
You won’t find any eWallets on the list of possible payment methods, but you may pay with a debit card, a bank transfer, a check, or a direct debit instead. This is one of the few drawbacks.
SPREADEX WELCOME OFFER
Get £40 in bonuses
7 free bets of £5 each and 50 free games to play.
You need to place a qualifying fixed odds bet of at least £25 with odds of 1/2 or higher. The qualifying bet can neither be placed in-play nor cashed out before to the conclusion of the event. After the settlement of the qualifying bet, the customer’s account will be rewarded with a first free £5 fixed odds bet. Your account will be credited with four separate bonuses of £5 worth of free fixed odds bets on successive days. You will also receive a free £5 Total Goals spread bet after you have placed your first free bet at fixed odds. Claim your free bets and spins within the first 28 days after registering an account. The free bet or spin stake does not count toward any wins. Terms and conditions apply. 18+ begambleaware.org
If you join up for Spreadex through My Betting Sites today and place a qualifying bet, you will be eligible to get a bonus of forty pounds.
How to take advantage of the Spreadex sign-up offer:
- To establish a new account with Spreadex, click the “claim” button shown above.
- Make a fixed-odds bet of £25 with a minimum payout of 1/2 the odds (1.50)
- Receive 50 free spins on Starburst as well as five £5 free bets on fixed odds and two £5 free bets on total goals spread betting.
SPREADEX JOIN UP OFFER Terms and Conditions
- In order to qualify, you must place a fixed odds bet of at least £25 with odds of 1/2 or higher.
- The qualifying bet can neither be placed in-play nor cashed out before to the conclusion of the event.
- Upon successful completion of the qualifying bet, you will get a credit for a first free £5 fixed odds bet.
- On the next four consecutive days, a total of four free £5 bets with fixed odds will be added to your account.
- Following the completion of your first free bet at fixed odds, you will automatically get a free £5 total goals spread bet.
- You have to make a claim for your free bets and spins within the first 28 days after registering an account.
- The bet or spin stake from a free round does not count toward any wins.
- Terms and Conditions Will Apply
- Adults only, begambleaware.org
Visit Spreadex to view the whole terms and conditions of the Spreadex sign up offer.
SPREADEX SPORTS BETTING
When it comes to betting, football and horse racing are the two most popular sports, and the most prominent sports on Spreadex are the ones that attract the most attention in the UK. Spreadex’s most prominent sports are also the ones that garner the most attention in the UK.
Fixed odds football wagers may be placed, and there is a bet builder option available, however the variety of selections on the bet builder is not nearly as extensive as it is on some of the other major UK sportsbooks.
When it comes to spread betting, there are a lot of fascinating markets inside each game, such as the following:
- Total Goals
- Numbers on the Shirts (sum of all goalscorers)
- Total Goal Minutes
- Goals x Corners x Bookings
- Scrabbled Shirts (total scrabble points accumulated by players’ names)
You also have the option of placing bets over a whole set of matches, which will offer you something to look forward to over the course of an entire weekend. The majority of these markets are centered on goals, and you may participate in them for both the most prominent leagues and the lesser-known contests.
Spread betting on horse racing works in a manner analogous to that described above. You have the option to purchase, sell, or wager on individual races in addition to participating in the racecard markets.
In each race, points are awarded to the first, second, and third place finishers. When you bet on the over or under for your horse’s point total, you are effectively betting on how many points your horse will receive.
HOW SPREAD BETTING WORKS?
A’spread’ is simply the betting site’s forecast for the final result, and it is something that is determined by the site for each market it offers.
Therefore, if it is a total goals market, the spread for football may be anywhere between 2.2 and 2.6. You have the option to “sell” the asset for 2.2 or “purchase” it at 2.6.
If you were to purchase at 2.6 for £10 per point, then the value of each goal would be £10, and the amount that you win or lose would be decided by the difference between 2.6 and the total number of goals that are scored.
- No goals = £26 loss
- One goal = £16 loss
- A loss of £6 due to two goals
- A win of £4 for three goals
- A win of £14 thanks to four goals
- A win of £24 thanks to five goals
- A win of £34 thanks to six goals
If you are new to this, it can be a lot of fun to look around at the many sorts of markets that are available because each sport has its own unique set of markets.
There is a type of betting known as “leaderboard betting in play” that is available in golf. This type of betting is analogous to horse racing in the sense that points are awarded to those who finish in the top positions on the leaderboard. If you buy, the higher your selections finish, the more money you will win. This is an excellent option to betting with fixed odds each way on golf given that you receive a greater payout if the player finishes in second place as opposed to fifth place.
Spreadex Live Betting (Spreadex)
On Spreadex, just as there are a ton of different possibilities to bet before a match, there are also a ton of different betting options throughout the action itself.
Spread betting and fixed odds are available in the in-play area for a variety of sports, including football, cricket, tennis, snooker, and more.
You are able to purchase or sell spreads on individual games inside the game of snooker, and the same is true within the game of tennis for individual games.
The basketball in-play offering is also quite good, including events such as those held in the Syrian Women’s league.
“Spreadex is an excellent choice to consider if you have been participating in the betting game for some time and are looking for a new challenge. For the most part, I use the site for live betting on golf, but I also use it for football since I prefer to keep my interest over the whole weekend by placing just one wager. Given the high site of professionalism displayed throughout the service, it should not come as a surprise that Spreadex has been recognized with several awards.”
Live streaming provided by Spreadex
You will notice that there is a tab labeled “Streaming” when you are in the “in-play” area. Directly beneath this tab is a list of events that may be seen at this time.
When compared to other betting sites based in the UK, the collection is quite extensive and includes a wide range of topics.
You may watch the content using either your own computer or the mobile app, and doing so is an excellent method to keep current while monitoring your bets at the same time.
The majority of snooker competitions, along with significant portions of cricket, tennis, and other sports, are broadcast live.
Cashing Out on Spreadex
Spreadex provides a normal cash out option, and you also have the ability to set up an automatic cash out if you choose.
Your bet will be automatically paid out once your profit exceeds a certain amount while the event is in progress if you are using the auto cash out feature.
In every other case, the standard pay out gives you the opportunity to end a bet early, lock in a profit, or reduce losses.
SPREADEX CASINO is referred to as.
It’s possible that the Spreadex Casino is an undervalued element of the site, but it definitely deserves more credit than it gets given that it offers a wide variety of games to choose from.
If you are a seasoned player, you will recognize the names of the game producers, such as NetEnt and Microgaming, from which there is a large selection of slot games for you to pick from.
This is an option that is available for many versions of roulette and blackjack, and it allows you to play with real-life dealers if that is something you are interested in doing.
SPREADEX FAQ
Is it possible for me to obtain free bets on Spreadex?
You have the opportunity to receive £40 in free bets and bonuses when you sign up for the Spreadex welcome offer. Here’s how you can make a claim:
- Sign up for an account with Spreadex.
- Make a fixed-odds bet of £25 with a minimum payout of 1/2 the odds (1.50)
- Receive 50 free spins on Starburst as well as five £5 free bets on fixed odds and two £5 free bets on total goals spread betting.
Any bet with fixed odds that is going to count must have odds of at least 1/2. After the settlement of the qualifying bet, the bettor will get a credit for a first £10 free fixed odds bet as well as a £5 free Total Goals football spread bet. The next day, you will be awarded with a second free £10 fixed odds bet in addition to a free £5 total goals football spread bet. You have up to 28 days from the account’s creation to redeem the offer. The bet wagered on any free bets will not be added to any wins. Please see the complete terms and conditions. 18+ begambleaware.org
What is meant by the term “spread betting”?
In spread betting, the bookmaker will determine the “spread,” which is their projection of the outcome, and you will have the option to “buy” or “sell” depending on whether you think the outcome will be greater or lower. You will receive higher rewards for being more accurate, but you will suffer more losses if you are much off the mark.
Does Spreadex provide betting with fixed odds?
Indeed. Simply click on any of the events, and you’ll find an option for “Fixed Odds” towards the top of the page.
Is spread betting more risky?
Spread betting exposes you to a greater risk because there is a chance that you may lose more than your original wager. Naturally, it is also more rewarding because it works the other way as well, and you may win more by being even more right. This means that it is a more rewarding experience overall. Before you lock in your bets on Spreadex, you should first consider the potential risks and the level of volatility.
Does Spreadex come with a built-in bet builder?
Yes, you are able to do football bet builders on Spreadex. The possibilities include the outcome, goalscorers, corners, booking points, handicaps, and a variety of other options.
