Spreadex have been established for over twenty years and they began by offering financial spread betting before branching out into sports spread betting. More recently, they have started to provide fixed-odds punting opportunities and they have a huge team of traders who are able to price up a host of betting markets when it comes to all the leading sporting events.
There’s an opportunity to claim £25 worth of free bets to get you started and these are available in the form of 5 x £5 free bets, while you only need to place a £25 qualifying bet at odds of 1/2 (1.50) or bigger in order to get your hands on the bonus. There’s also the chance to try your hand at spread betting through the same betting account and claim a massive bonus.
Football Betting at Spreadex
Spreadex use their own trading platform to provide fixed-odds betting markets and it’s interesting to see these prices sitting alongside the spread markets for the same sporting events. If you’re betting on a Premier League football match, you can choose between Spread Betting and Fixed Odds and the latter is probably the first port of call.
The football odds are generally competitive and you’ll find all the usual football betting markets for a particular match including Match Odds, Over/Under Goals, Total Corners, Total Booking Points, Correct Score, Half-Time Full-Time and Both Teams to Score. The odds are all neatly laid out and there’s easy navigation through to football betting coupons.
It’s also nice to see Spreadex offering customers the chance to create their own Bet Builder so you can essentially have your own personalised wager and there’s the option to pull betting options that relate to the same football match and have a same-game multiple bet when it comes to a football match. There is also something called NameIt where customers have requested a price about a particular selection.
You can find between 250-300 betting markets when it comes to leading football matches from divisions such as Premier League, German Bundesliga, Spanish La Liga, Italian Serie A, French Ligue 1, UEFA Champions League and UEFA Europa League. There are also football betting coupons for each division so you can put together an accumulator on a particular league or for a particular day.
We’re delighted to see that Spreadex have lots of added in features to help football punters and that includes various forms of Cash Out. Not only can you cash out your football bets when it comes to the majority of betting markets but you can also enjoy Partial Cash Out and even Auto Cash Out. The former involves taking some of your cash from a bet before it’s settled, while Auto Cash Out is where you set a particular amount of money you want to win from a wager.
Other Sports and Markets
Spreadex is heavily UK and Ireland-focused and that certainly extends to horse racing where you will find all the race meetings being priced up throughout a calendar year. There are even the Timeform ratings and a short preview for each race, with the traders pricing up each race independently and you have the choice whether to take the available price about a selection or alternatively select the Starting Price.
Beyond football and horse racing, it’s clear that Spreadex give special attention to golf and tennis, with all the major competitions receiving in-depth coverage and it’s clear that this operator has a trading team who know how to create betting markets for these sports. On the golf front, this means every big PGA and European Tour event being covered and there’s regularly the chance to bet on daily three-balls as well as the tournament odds.
On the tennis front, the coupons for the ATP and WTA events are made available and we like the way that nearly always bet In-Play on a tennis match that is taking place somewhere in the world. There are several tennis coupons always available and there is even live streaming opportunities that Spreadex can provide for their customers.
Spreadex Deposits and Withdrawals
Due to the fact that Spreadex are primarily a sports spread betting firm and that you can use your Spreadex betting account to place a combination of spread and fixed-odds bets, it means that the number of payment methods are restricted to a handful. Spreadex are highly regulated and it means that they can’t cast the net wide in terms of offering multiple e-wallet solutions like other firms.
However, this UK operator do allow customers to make a deposit using a debit card. The current debit card options include Maestro, Visa Debit, Visa Delta, Solo, Electron, Debit Mastercard, while there are also Mastercard options in the form of Visa and Mastercard. The minimum payment is £10 when you make a deposit and the same applies to a withdrawal, although please note that you need to bet at least £25 in order to secure the maximum bonus.
The other alternative payment methods include bank transfer and cheque. With regard to the former, it can take up to four days to clear and we recommend that a debit card is probably the quickest way to fund your account. When making a withdrawal, you should expect to receive funds within 3-5 working days.
Betting Features
We really like the sports betting blog at Spreadex where you can read a number of interesting previews relating to upcoming sporting events. Sometimes these are geared more towards spread betting markets although there are also fixed-odds betting options where customers can hopefully use the data available to land an edge over the bookies. There’s also the chance to look at sports data such as the league tables and the latest form guides.
Spreadex have an impressive sports betting interface and it’s fantastic from a trading perspective, whether that’s for simply choosing the Cash Out option that appeals to you most on the fixed-odds betting front or alternatively going for a spread bet and then deciding when to potentially close out your bet for a profit.
In-Play Betting
We’re really impressed by the range of In-Play betting options available at Spreadex whenever you visit this sports betting website. On the left-hand side of the website, you will see the various sports that are currently being covered In-Play and you can see the odds updating in real time according to the betting option which you have chosen. You can choose from the most popular In-Play events or alternatively go for sports options such as football and tennis.
Indeed, football and tennis are the mainstay sports when it comes to live In-Play sports betting, although golf, horse racing, esports, darts, snooker, cricket, rugby union and rugby league regularly make an appearance. It’s clearly a goal for Spreadex to always have a strong level of cover when it comes to the In-Play betting section.
User Experience at Spreadex
It’s a real feat of technical expertise to not only create a sports spread betting platform but to actually successfully integrate fixed-odds betting into the same system. The fact that spread betting and fixed-odds are available through the same betting account is also a tremendous plus and there’s the option to use a filter so that you only see the fixed odds betting options should spreads be of little interest.
It’s super-easy to open a betting account with Spreadex and they have an excellent betting interface whether you are playing through desktop or mobile. The websites are neatly structured and the menus are constructed so that you can find your bet quickly and easily. There is even a Spreadex Sports Betting mobile app which can be downloaded for ease of use and it’s easy to perform all the usual tasks such as bet placement, In-Play wagering and Cash Out.
Promotions at Spreadex
From a fixed-odds point-of-view, there isn’t a huge amount in the way of promotions beyond the new customer offer. It would be nice to potentially see some enhanced odds or money back offer, although for the time being, the only promotion of note is the welcome bonus and £25 worth of free bets. There is also a chance to access the latest stats and blog, although it would be nice to see more promotions added.
However, we really like the fact that Live Streaming is now part of the package at Spreadex, with the operator having now started to form deals with online rights providers when it comes to sporting events. Having the chance to watch a football game or tennis match through your account is a massive benefit.
Customer Support
There is the option to either give the customer service team a call on a UK number or alternatively send an email to that department and you’ll find that you get a timely response within a couple of hours. The team at Spreadex are very knowledgeable when it comes to any betting issue you might encounter and there is also plenty of useful information on the website which means you might be able to troubleshoot your own problem.
Our Verdict
We really like Spreadex and it’s great to see this brand spread their wings and offer a fixed-odds betting product which is going to have broader mass appeal than the spread betting arm. While some customers would prefer more distinction between the spread and fixed-odds products, others will like the fact that you have both options on the table and that means different and exciting ways to bet.
Whether you are betting with Spreadex through desktop, mobile or app, you can be sure of an entertaining experience and there should be no problems finding your sports betting market and then betting on the odds that are available. There are In-Play markets galore and we like the fact that they have also added Live Streaming to the site.
