SpreadEx Free Bet

Here is another spread betting specialist that we can add to our growing portfolio and they come in the form of Spreadex. Initially founded in St Albans, UK, in 1999; they have grown into something much bigger since then and have been making huge waves in the world of online sports betting sites. As well as being recognised as an online sportsbook, Spreadex is also a financial trading platform for sports spread bets. This spread betting firm has been moving from strength to strength in recent years and continues to do so in the upcoming years. 

They now have more than 100 employees under their belt and have even added a casino to their websites, which allows customers to access both their sportsbook and casino from just one account. Another interesting point about Spreadex is that they also take bets over the telephone, this is something we don’t see that much of these days, as well as the usual mobile and website methods.

New Customer Offer

Everyone loves a new customer offer and you have a great opportunity to claim a rewarding promotion as a new customer at Spreadex. Once you have successfully registered an account with Spreadex, you will then need to meet the minimum deposit and bet stake amount to claim the available free bets. A total of £25 in free bets is available to be claimed and customers will receive these in 5 x £5 free bets. 

You can find more free bets offers here

To find out how to claim this rewarding promotion and the terms and conditions that apply, continue reading below.

Pros & Cons

PROs

  • Great odds
  • £1 Min Deposit

CONs

  • Not under ASIC regulation

How To Claim Your Spreadex Free Bet

Follow the three simple steps below to get your hands on the rewarding Spreadex new customer offer:

  • Join and register an account on Spreadex. 
  •  Bet £25 at minimum odds of 1/2 or greater. 
  • Receive your 5 x £5 free bets.

Spreadex Free Bet Terms & Conditions

All promotions come with their very own terms and conditions, unfortunately. However, this is something you have to bear with as an online bettor and below we have listed the bonus terms and conditions that apply to the Spreadex free bet.

  • New customers only. 
  • Customers must be 18 or over. 
  • Minimum stake of £25. 
  •  Minimum odds of 1/2. 
  • Qualifying bets can not be placed in-play or cashed-out.
  • Free bets must be claimed within 28 days of registering an account.

Website – Layout & Interface

The layout that Spreadex uses is quite familiar if you are no stranger to online sports betting. They have gone with a very formal colour choice and there is nothing to fall out with. Their homepage is sat on a grey background and most of the markets are in the middle of the screen, in a white text box.

In the top left-hand corner, you will notice Spreadex’s logo and just above this is an option to switch between sports spread betting and regular sports betting, which you can do at any time. Further across on the right is where customers can sign up and login and below is an option to change how you perceive the odds at Spreadex, this can be changed between fractions or decimals.

On a header that travels horizontally across the page, you will find a menu that navigates you to Spreadex’s sports, casino, financials, in-play, help and opens an account section. If you look on the left-hand side of the page, you will notice their full list of sports markets and further down is a section that contains some extras and useful information you might need.

Over on the right-hand side of the page is where customers will locate their bet slip, this will tot up any potential winnings as you progressively add bets to it and underneath is a widget containing a few of the different in-play games that are both live and upcoming.

Key Information

🔴 Site Name Spreadex
🏅 Markets

Sports

🎁 Welcome Offer 100% Cashback Up To £300
💳 Minimum Deposit £5
UKGC License View
📮 Address

Spreadex Ltd.

Churchill House

Upper Marlborough Road

St Albans

Hertfordshire

AL1 3UU

🌐 Website spreadex.com
🤝 Sister Sites Sporting Index, BetDaq, SportNation – Running similar software
📗 Deposit Methods

Debit card, Paypal, Trustl, Boku

How To Use Your Free Bet

There is a decent amount of different sporting markets which you customers can get involved and place bets on, these range from Football, Horse Racing, Golf, Financial Bets, Weekender, Tennis, Rugby Union, Rugby League, Politics, Motor Racing, Ice Hockey, Greyhounds, Boxing, Cricket, Australian Rules and American Football.

With regards to online betting markets, we were quite happy with what Spreadex were offering and some football games, in particular, had more than 275 bits for a single game. These ranged from Total Goals, Corners, Bookings, Multicorners, Shirt Numbers, Performances, Over/Under Goals, Half-Time/Full-Time, Penalties, Extra Time and loads of others.

In-Play Betting

Spreadex has a relatively good in-play console that performed above our initial expectations. There are plenty of different markets to be found, such as Football, Golf, Baseball, Basketball, Ice Hockey, Rugby Union, Tennis, and depending on when you check, there could be even more.

We were also pleasantly surprised by the amount of betting markets they had for their games, the high profile football matches had upwards of 250 different betting markets that customers can place during the most pinnacle points of the match. Spreadex has everything from Goal Times, Bookings, Correct Score, Goal Scorer, Half-Time/Full-Time, Corners, Handicaps, Player Goal Minutes and the rest.

Cash Out Betting

Another very popular feature available at Spreadex is the Cash-Out option feature. This allows you the opportunity to cut and run if your bet is teetering on the edge of victory or defeat. So, for example, if you bet that the correct score will be 2-1 and it gets to the 80th minute and the score is 2-1, but a player has been sent off and a goal looks likely to be scored, then you can cash out your bet.  This is a great feature on the site that really tests your nerve. So, if you think your bet is just about to lose, get your winnings and go!

Is Spreadex Trustworthy?

This is a fairly large betting company that is available in a number of different countries across the world. As such, it has to go through strict and rigorous procedures to makes sure it is compliant in all countries. The site is licensed by a number of regulatory bodies, Not only is it licensed by Gibraltar Gambling Commissioner in order to be regulated in Europe, but it is also regulated by the UK Gambling Commission. This is the most important license as it means that you can play on the site in the UK. The UKGC is known for being very strict, so you can be sure that the site adheres to the most stringent of rules.

On top of this, Spreadex is an IBAS bookmaker. IBAS (Independent Betting Adjudication Service) is an ‘Alternative Dispute Resolution Service’ which is designed to be impartial in case of any disagreements between the betting site and customer. It is an intermediary service that acts fairly and impartially so any issues are dealt with without prejudice.

In terms of site security, the website protects all data – both personal and financial using top of the range SSL encryption technology, so your data will be kept safe from hackers.

In terms of responsible gambling, William Hill is linked to sites such as Gamblers Anonymous, GambleAware as well as Gambling Therapy. This is important because if you do find that you are having issues with problem gambling, then you will be able to get instant access to help on the Spreadex betting site.

Mobile & Tablet Betting

Currently, there isn’t a mobile betting app for Spreadex players to download, this is definitely something that will be looking to implement in the near future, as mobile betting is becoming increasingly popular. The real question is how long can Spreadex hold out for?

However, if you are seeking an experience from your portable device, you can access everything from the desktop version of the site, which has been handily scaled-down and optimised to fit the smaller screen, by heading over to their website from your mobile or tablet.

Opening An Account With Spreadex

  1. Click our link to sign up with Spreadex
  2. Enter your personal information as required on the registration page
  3. Click on the ‘confirm’ button at the end of the form
  4. Make your first deposit
  5. Make your first bet

Payment Methods

One step in becoming a world-renowned sports betting platform is making sure that there is a wide range of sports betting payment options when it comes to depositing and withdrawing. Nobody wants to register an account with an online bookmaker like Spreadex only to find out the payment options are limited. Fortunately, Spreadex has enough banking methods available. 

  • Visa Debit Card
  • Mastercard
  • Maestro
  • Bank Transfers
  • Cheque
  • Direct Debit

The above list is certainly not the most impressive selection of payment options that we have come across and the lack of e-wallets and any other third-party payment options is a serious drawback. 

Customer Support Options

If you need to get in touch with a member of the Spreadex team, you can do so by either telephone, post or email between the hours of 08:00 and 17:30 Monday to Sunday. There isn’t a live chat function so you are limited to only these methods. They have included a detailed FAQ section that we recommend you read if you think your problem might be something that has been previously covered.

Our Spreadex Free Bet Summary

Spreadex looks and feels very premium in many different ways, they have a fantastic layout that is both unique and very aesthetical as well as good financial markets for regular and in-play betting. Spreadex has tough competition when it comes to spread betting market platforms with the likes of Betfair being the powerhouses in the exchange industry. However, despite this, we believe Spreadex has done a decent job in competing with the likes of Betfair. They do fall down in some crucial areas, however, such as their lack of live chat customer support, a mobile betting application and not providing some regular betting offers to keep their customers busy.

All issues aside they have a solid site that we would recommend to the player who is eyeing up their options and looking for a new sports betting site to try out. You can click below to sign up and get your own account started today.

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About Joe Kizlauskas

Joe is a seasoned iGaming copywriter and speaker who has been in the business since 2015. He's written more words on all elements of iGaming than he likes to remember, and he's contributed material to a number of well-known brands. Joe may be seen playing 5 a side, at the gym or playing games on his Playstation when he is not writing.