Key information

Link to site	https://spreadex.com
Welcome bonus	Get £50 in bet bonuses when you open an account.2 Free £5 Spread Bets (at min 1/2 odds) and get Cashback up to £300
Founded	1999
Licence	UK Gambling Commission
Sports offered	American football, Australian Rules, baseball, basketball, beach volleyball, boxing, cricket, cycling, darts, esports, golf, greyhounds. ice hockey, motor racing, rugby league, rugby union, snooker, table tennis, tennis, virtual sports, volleyball
Payout time	2-5 days
Minimum withdrawal	£1
Customer support options	Live chat, out-of-hours offline messaging, email, telephone
Owner	Spreadex Ltd
Banking options	Bank transfer, debit card, Apple Pay
Mobile app	Yes
FIRST rating	4/5 stars

What is Spreadex all about?

Bonuses

During our review of the Spreadex Sports website and app, there was a decent selection of bonuses and offers, including their ‘Bet £25, Get £50’ welcome offer, and ‘earn an iPad or up to £300 cashback.’ A trio of horse racing offers, plus acca boosts, were also available.

Available sports

The selection of sports on offer at Spreadex is comparable with most of the other bookmakers in the UK sports betting market. Virtual sports are also on offer, but there is a relative lack of niche sports compared to many of the other top bookies online.

User experience and interface

The Spreadex sports betting site can best be described in three words: effective, but dated. The website looks in desperate need of a refresh, and while the information you’d expect to see on the site is all there. It’s not going to win any awards for design or aesthetics. That said, if you’re a no-frills sort of bettor, the rather basic, black and white Spreadex site might be just what you’re after. It’s short on bells and whistles, but it does what it needs to do. The only issue we encountered was the amount of times the site defaulted to spread betting markets, not fixed-odds markets, which required an extra click or two before we got to the odds we were looking for.

Mobile and app compatibility

The Spreadex website looks pretty basic in terms of design and, to be fair, so does the app. The featured areas at the top of the homepage offer a little design and functionality, but the menus, and the lists are all very simplistic. That may have a positive effect on the speed of the app. But in our tests across all the betting sites we’ve reviewed, speed hasn’t been an issue, so I’m not sure the stripped-back front end is essential. Functionality-wise, like the website, it works a treat, and that’s why it has solid ratings on Google Play. Its ratings on Apple’s App Store are higher, but it’s had a small number of reviews by comparison.

App Store: 4.7/5 stars (533 ratings)

Google Play: 4/5 stars (50k reviews)

VIP programmes and loyalty rewards

During our review of Spreadex, we could not find a loyalty programme, though there was a ‘refer and earn’ programme where customers can refer a friend to earn bonuses.

Pros & cons of Spreadex

Pros	Cons
Excellent coverage of all the mainstream sports, with plenty of markets available	Website and app both look dated compared to rivals
Decent selection of offers and bonuses	The spread betting elements of the site can get in the way a little at times
No-frills site may appeal to some	Limited banking options on sign-up
Nicely integrated live streaming on selected sports

Diving deeper into Spreadex

Licensing

Spreadex is licensed in the UK by the UK Gambling Commission. The spread betting part of the site is regulated by the Financial Conduct Authority.

Payment methods

During our review of the Spreadex app, the only payment options available to us were debit cards or Apple Pay.

Security and fairness

Under Gambling Commission guidelines, Spreadex customers’ betting funds receive ‘medium protection’ and will be held in accounts separate from business accounts, to ensure that in the event of insolvency, funds can be returned to their customers. The site is affiliated with IBAS for independent resolution for Spreadex’s fixed-odds betting products.

Responsible gambling measures

Spreadex's safer gambling measures include deposit limits, timeouts, self-exclusion, product blocks, and additional resources and information for bettors to stay in control of their betting. There are also links to external bodies, including BeGambleAware, GamStop, and GamCare's National Gambling Helpline.

FIRST rating

4/5 stars

Payment methods available at Spreadex

Payment method	Available on deposits	Minimum deposit	Available on withdrawals	Minimum withdrawal	Withdrawal time
Visa	YES	£5	YES	£5	1-5 days
Mastercard	YES	£5	YES	£5	1-5 days
Apple Pay	YES	£5	YES	£5	1-5 days
BACS Bank transfer	NO	n/a	YES	£5	3 working day
Easy bank transfer	YES	£5	YES	£5	Same day

Spreadex FAQs

Is Spreadex legit?

Absolutely. Spreadex is one of the top sports spread betting operators in the UK, and their fixed-odds sports betting is also excellent.

How can I contact customer support at Spreadex?

Telephone numbers and an email address can be found at the foot of the Spreadex website. In addition, the contact us page on the app offers the ability to email or call the sports, customer services and financial teams at Spreadex. There’s also a pop-out live chat box, accessed from the bottom right of the screen.

How do I reset my password at Spreadex?

To reset your password on Spreadex, tap the person icon at the top right of the Spreadex app, or click my account in the top right of the desktop site, then scroll down to edit security details. You’ll find a link to change your password there.