Spreadex review

We were impressed with the variety of bonus offers and promotions at Spreadex. Our Spreadex review confirms that each and every customer will find an interesting option to activate here.

Spreadex welcome bonus

Spreadex welcome offer depends on the place of your residence. It is available once you have registered your account. Here are the options:

Denmark: Deposit DKK 500 and place a DKK 500 spread bet on total goals in a football match. You’ll receive a DKK 125 free bet in each of the next 4 days, and each of these free bets is playable on one exact sport only. All free bets should be played within 60 days upon receiving.

Republic of Ireland: Deposit €10 and place a €10 fixed odds bet at minimum odds of 1.50. This qualifying bet can't be placed in-play or cashed out. Once the bet is settled, you’ll receive three €10 free fixed odds bets and six €5 free spread bets in the next 3 days. All free bets will expire in 28 days if not used.

United Kingdom: Place a qualifying fixed odds bet of £25 at minimum odds of 1.50. You’ll get five £5 free fixed odds bets, four £5 free spread bets, and 50 free spins on Starburst, once your qualifying bet is settled. All free bets are eligible for 28 days.

Please remember that you can lose more than your initial stake when spread betting, so it’s vital to read all the info regarding each promotion.

Other Spreadex promotions

We were pleased to find several other great offerings at Spreadex. Here are just some of the examples:

Boost your acca up to 100%: Make a parlay of at least three legs (minimum odds of 1,10 per leg) from qualifying football markets and get a boost to your winnings. The more legs you add, the bigger your boost will be - up to 100% if 20 legs are selected. The maximum bonus you can get is £25 000 / DKK 250 000 per bet.The maximum cumulative acca bonus per day is £50 000 / DKK 500 000.

Refer and Earn: Go to “My Account” and email a friend via “Refer a Friend” section. Your friend needs to register via the link received and make a £10 fixed odds bet on odds of at least 1,50 in the first four weeks. Once this bet is placed, you’ll receive £10 cash to your account - up to £50 for five of your friends invited. Alternatively, your friend needs to make 5 qualifying sports spread bets (£2 min stake, each able to win and lose £20) after registering via your link. Once those bets are placed, you will claim a £100 Total Goals spread free bet.

Two free £5 spread bets plus £300 cashback: Create an account and place a £10 fixed odds bet on odds of 1,50 or higher. Within 48 hours you’ll receive two free £5 Total Goals spread bets. Moreover, if you place a £300 or above bet on qualifying sports spread markets within the first 28 days, you’ll receive £300 in cash. You will also have an option of getting a 9th generation iPad instead.

We discovered that Spreadex sportsbook doesn’t have any VIP or loyalty programs unfortunately. In the meantime, you’ll receive free bets every once in a while depending on your betting activity. You’ll be informed about them via email, as well as in the “My Account” section.

According to the Spreadex website, Spreadex Ltd is licensed and regulated in Great Britain by the Gambling Commission under licence number 8835. Spreadex is licensed for sports betting in Denmark by the Danish Gaming Authority (license number 20-19088). In terms of casino games outside of Great Britain, Spreadex Ltd is operating under an Alderney Gambling Control Commission approved Business Association with AGCC Class II Licence Holder, Net Entertainment Alderney Ltd, Licence #084.

We loved the Spreadex platform thanks to its design and simplicity. This bookmaker offers excellent betting experience to the customers with everything being in the right place. The registration process was fast and easy, and from that moment on we had no problems whatsoever in finding information about promotions, placing a bet or anything else.

Navigation

It’s very easy to navigate through the Spreadex site. A pop-up menu on top is a very simple way of finding whatever is needed, and it also sorts all events by start time or popularity. There’s a switch between spread betting and fixed odds inside each event, so it is very easy to see what the options are and what exactly you are betting on.

Spreadex design

We really enjoyed the Spreadex website design. It looks nice with black and white as the main colours and a touch of red to add something extra. One click will help you in finding the nearest event on offer, and it’s very clear if a live stream is available. A list of the most popular events in the top left corner is another nice feature.

We were very happy with Spreadex mobile apps on Android and iOS platforms. Both have all the same features as the desktop website, running smoothly and offering a great betting experience. Live streaming here has the same high quality, as does the website. As a result Spreadex Android app received 4,1 stars from the users, while the iOS app is rated even higher with 4,7 stars.

• Android app: yes
• iOS app: yes

We found out that there are several payment methods to fund your Spreadex account: debit cards (Visa, Mastercard), Apple Pay or Google Pay, as well as a standard bank transfer. Spreadex does not accept cryptocurrency or payments from e-wallets at the current moment unfortunately. Yet there’s also an option of writing a cheque to Spreadex Ltd that must be issued from your name’s account.

Deposit options

The minimum deposit amount to Spreadex is £10, while there’s no maximum limit. It would depend on your deposit limit set, as well as on the payment method you’ll choose. All payment methods will credit your account instantly, but for the bank transfer it might take up to 2 working days.

How to withdraw from Spreadex?

Spreadex has a modest choice in terms of withdrawal methods. It can be a debit card, a bank transfer, or a cheque only. The minimum amount to withdraw is £10, and if you have less than that, the only option would be to take out the full amount. The maximum single withdrawal to a card is £25 000, except for Mastercard which is £2500. As for Spreadex withdrawal times, payments to cards will usually be received within 2 hours, but sometimes it may take 2 to 5 working days. Standard bank transfers should be processed within 2 banking days.

We were very impressed with Spreadex customer support. Live chat, which you can find in the bottom right corner, is working 24/7, and you’ll get your questions answered instantly. There’s an option of writing an email with an average response time of around 2 hours. Finally, you can call Spreadex sports desk from 7:30 AM to 10 PM, and they have two separate lines for UK residents and international users.

• Live Chat available 24/7
• Email: info@spreadex.com
• Phone: 08000 526 575, +44 (0)1727 895 090

Spreadex sports betting options are not that big to be perfectly honest, but all the popular sports are presented. For the Spreadex specials, you can bet on politics, the outcome of popular TV shows, or the BBC sports personality of the year.

Spreadex sports coverage

Spreadex sportsbook covers 15+ sports, but we couldn’t find any rare ones. However, basketball, football, ice hockey, and tennis are covered fully - from top leagues and tournaments to some small events. For example, you can bet on 50+ football leagues, including women and youth matches. There are 20+ leagues to choose from for basketball lovers, and in tennis even the smallest challengers are covered.

Sports odds at Spreadex

We were glad to see the overall betting margin at around 6,3%, so their odds are highly competitive. Football margin is coming at 5,8%, while the average Spreadex margin for darts and snooker is 6,0%. The margin for tennis is around 7,2%, and this number is close to 7,5% for MMA.

Live betting and streaming at Spreadex

We are impressed with Spreadex options in terms of in-play betting, as there always are plenty of events on offer, including basketball, cricket, football, horse racing, tennis and much more. Most of them will allow spread betting, as well as placing stakes on fixed odds. Spreadex live streaming is available for 90% of racing, but there are plenty of streams for other sports too. Finally, Spreadex cash out feature will be a valuable tool if you want to be paid partially before the event ends.

How about the limits?

The limit for minimum bet at Spreadex is £0,10. As for the maximum, it always depends on the exact sport, event and the odds. For example, the maximum payout for top football competitions is limited to £500 000, while it’s £300 000 for american football, and £250 000 for cricket, golf & rugby. Finally, the maximum payout for basketball, darts, ice hockey, and snooker can go up to £100 000.

Betting markets at Spreadex

Our Spreadex review confirms that this bookmaker provides plenty of choices in terms of markets. For example, any NBA game offers a chance to bet on the match winner, total points, and several handicaps, as well as player points, assists, rebounds, steals, blocks, or 3-pointers. Spread betting is available too, and you can also make your own Bet Builder to significantly increase the odds.

Spreadex minimum / maximum deposits

The minimum amount you can deposit to Spreadex is £10. There’s no limit to the maximum deposit, so it fully depends on your payment method, as well as the deposit limit set. You can always change your deposit limit in the “My Account” section.

Esports coverage at Spreadex

Spreadex Esports coverage includes CSGO, DOTA, League of Legends, NBA, and NHL, but we were expecting to see a bit more disciplines here. As for virtual sports, there’s an option to bet on badminton, football, greyhounds, horse racing, motor racing and table tennis.

Esports odds at Spreadex

Spreadex odds for Esports are quite competitive with the average margin coming at 8,2%. The margin for CSGO and Dota is around 7,7%, but for NBA and NHL this number goes up to 11%. Talking about virtual sports, the average margin here is somewhere close to 6%.

Esports live betting and streaming

You can make bets in-play on all Esports events between real people. It can be spread betting, as well as placing bets on fixed odds, just like in the sports section. All of them are live streamed, which is very useful. Live betting is not available for virtual sports, but on the positive side there’s a very good video quality.

Esports betting markets

We discovered standard options in terms of the markets here. For example, in FIFA you can bet on the winner of the match, total goals, and the correct score. CSGO provides an option to bet on the winner, as well as the number of kills and rounds. Finally, there are 7 different markets for virtual badminton and table tennis.

MightyTips experts were impressed with the variety of games at Spreadex casino. You can play Blackjack or Roulette, visit one of 80+ live dealer tables, or take a chance at 200+ slots. Unfortunately, casino games are available only to residents of the Republic of Ireland and the UK.

Spreadex software providers

Evolution is the main software supplier for the casino at Spreadex. This Swedish gaming technology company, founded in 2006, is one of the most famous and successful in the industry. Other developers include less-known Big Time Gaming, NetEnt, and Red Tiger Gaming.

Selection of casino games at Spreadex

Spreadex has 12 Blackjack and 20 Roulette tables with different rules and stake sizes. Thanks to a huge choice of slots everyone will find something interesting, and you can always opt for video poker or a game based on the popular TV show. The minimum stake is £0,10, the maximum will vary on the exact game or table. Just remember that you can’t win more than £100 000 per day.

Live dealer games

We were happy to see 60+ tables in the live casino section. Here you can play Baccarat, Blackjack, Craps, Poker, and Roulette, but numerous games based on popular TV shows are available as well. The minimum bet is £0,10, but the stakes can go high very quickly!

Minimum & maximum deposits

The minimum deposit is £10, and the maximum depends on your limit set and the payment method chosen. Please check your account menu for more information.

We found it very easy to create an account with Spreadex. The whole Spreadex registration process took us no more than 10 minutes. Here’s what you need to do:

1. Click the “Create an Account” red button in the top right corner
2. Provide your personal data: first and last name, email address, phone number, date of birth, nationality, and country of residence
3. Choose your username and password
4. Provide your physical address
5. Choose your expected monthly spend and set a deposit limit
6. Read the terms and conditions and tick the box
7. Verify your identity
8. You’re ready for your first bet, please gamble safely

Our review of Spreadex confirms that this is a very nice place to play at. We have found very generous Spreadex offerings for new customers. The number of sports covered is not that big, but the most popular ones have plenty of markets on offer, while Spreadex specials include politics and TV shows. They have great customer service, and the casino section offers plenty to choose from. The cons for Spreadex would be very few regions covered and the absence of a VIP program.