Spreadex

Spreadex Sports Spread Betting Review

Name: Spreadex Sports Spread Betting

Description: Spreadex Sports has been offering financial sports spread betting since 1999. Spreadex sports is well known for it's welcome offers to encourage new clients to try sports spread betting as opposed to fixed odds betting or betting exchanges. Spreadex does offer fixed odds betting and financial spread betting, but focuses on sports spread betting. Spreadex does limit paid advertising, instead relying on customer service, word of mouth and client referrals for new business.

  • App Store
  • Google Play
  • Trustpilot
4.1

Summary

Spreadex is a UK-based sports betting and financial spread betting company. It offers a range of betting services, including sports betting, financial betting, and casino games. Spreadex is known for its innovative spread betting platform, which allows users to speculate on the outcome of various events and financial markets.

Pros

  • Excellent customers service
  • Good welcome offer for new clients
  • Regulated by the FCA

Cons

  • Losses can exceed deposits
  • Fixed odds not as good as betting exchanges
  • Welcome offer only applicable to sports spread betting

Spreadex Sports Expert Review

Spreadex Sports Reviewed: The more you’re right the more you win

Did you also know that if you want to talk about how Spreadex’s sports spread betting works, you have to wear skinny jeans, a white top and a black blazer? It’s true, because when I sat down with Andy Mckenzie from Spreadex for a bit of a chat about what sort of spread betting service they offer, and who for that’s what we wore. It just is…

Sports Spread Betting takes contracts that were developed in the financial markets and applies them to the sporting world. Allowing customers to place bets not just on the outcome of a particular match or event but its internal dynamics. That means that the client can bet on the total number of runs scored in a cricket match, the number of red and yellow cards shown in a game of football, or the number of lengths that horse wins a race by.

What’s more, the client can go long or short of these markets by, for example, selling the number of runs in a cricket match, if they think it will be a low scoring affair, or buying that market if they believe it will be a high scoring game. Clients bet on a pounds per point basis

The sports Spread Betting bookmaker makes a two-way bid-offer price in these markets hoping to see buyers and sellers. The final outcome of the event is known as the make-up.

P&Ls are calculated on pounds per point basis so for example if you were long runs in a cricket match at 450, with a bet size of £10.00 per point and the final tally was just 350 runs scored.

You would have a £1000.00 loss that’s calculated as follows:

A 100 run shortfall ( 450-350) * bet size of £10.00 per point= -£1000.00

Sports Spread Betting differs from fixed odds betting because your returns are variable and potential losses can exceed your initial stake. In some senses, it’s as though you had become the bookmaker when you make a sports Spread Bet.

Latest Spreadex Free Bets & New Customer Sign-Up Bonuses

See all the latest free bets and offers from Spreadex and get free bets and discounts. To use the free bets, click on the code or the button to take you directly to the offer.

£30
Spreadex Sports
BET £10, GET £30
Place a £10 fixed odds bet at minimum odds of 1/2 and get 2 x £10 free fixed odds bets +...Show More
Place a £10 fixed odds bet at minimum odds of 1/2 and get 2 x £10 free fixed odds bets + 2 x £5 free Total Goals spread bets. Terms apply. Show Less
£300
Spreadex Sports
2 FREE £5 SPREAD BETS PLUS £300 CASHBACK
2 X FREE £5 FOOTBALL TOTAL GOALS SPREAD BETSPlace a fixed odds bet of at least £10 at...Show More
2 X FREE £5 FOOTBALL TOTAL GOALS SPREAD BETSPlace a fixed odds bet of at least £10 at minimum odds of 1/2.Once the bet is settled this will trigger your fixed odds account opening offer.On receipt of your first free fixed odds bet you will also receive your first free £5 Total Goals spread bet.On receipt of you second free fixed odds bet (awarded 24 hours later) you will also receive your second free £5 Total Goals spread bet.You need to ensure your account is configured for spread betting to be able to use the 2 x free £5 Total Goals spread bets. Show Less

Compare Spreadex To Alternative Sports Spread Betting Bookies

What does Spreadex Sports offer?

Here are some key aspects of Spreadex sports:

Sports Betting: Spreadex offers a variety of sports betting options, allowing users to place bets on sporting events from around the world. This includes popular sports like football (soccer), horse racing, tennis, cricket, golf, and many others. Users can bet on various aspects of these events, such as the outcome of a match, the total number of goals scored, or individual player performances.

Spread Betting: Spreadex is particularly known for its financial spread betting platform. In spread betting, users can speculate on the price movements of financial instruments like stocks, indices, currencies, and commodities. Spreadex allows users to trade on the price difference (spread) between the buy and sell prices of these instruments, rather than owning the underlying assets.

In-Play Betting: Spreadex offers in-play betting, which allows users to place bets on events that are already in progress. This feature is popular for sports like football and tennis, where odds can change rapidly during a match.

Fixed-Odds Betting: Spreadex also provides fixed-odds sports betting, where users can place bets with predetermined odds, similar to traditional sportsbooks.

Mobile Betting: Spreadex offers a mobile betting platform, allowing users to place bets and access their accounts on smartphones and tablets.

Financial Markets: In addition to sports and casino betting, Spreadex provides access to a wide range of financial markets, making it a versatile platform for those interested in both sports and financial speculation.

It’s important to note that sports betting and financial spread betting carry inherent risks, and users should exercise caution and responsible gambling practices when using platforms like Spreadex. Additionally, the availability of Spreadex’s services may vary by region, and users should ensure they comply with local laws and regulations regarding betting and gambling.