Spreadex Review

Established in 1999, Spreadex is one of the leading companies in both sports spread betting and financial spread betting, known for its customer service and wealth of betting options. 

A customer-first approach to innovation has led to a platform that puts profit and loss firmly in the hands of punters, populated with a smorgasbord of sports spread betting and fixed odds markets. 

Why punters choose Spreadex to bet with:

Spreadex has a truly global selection of horse racing spread and fixed odds. At the top of the page is panel showing the next 3 races, with customers able to choose between All and Great Britain and Ireland Only.

On each individual race page, betters can find form, age and weight information on each horse, as well as a Timeform Ratings and Race Preview.

Customers can construct their own custom race page, by ticking the races they are interesting in and clicking create.

The site also offers live-streaming on Australia and North American meetings – you just need to login to be able to watch. 

With hundreds of in-play spread betting and fixed odds markets, Spreadex offers an unparalleled selection of prices both before and during any given sporting event.

Aware of the risks involved in spread betting, Spreadex prioritises customers’ ability to control their profit and loss throughout a match, race or other sporting event. 

Live Streaming

Spreadex has a wealth of live-streaming events via the desktop or mobile app, including football, cricket, tennis, Australian and UK greyhounds, American horse racing and more. All you need to do is login to start watching. 

Everything you need can be found on the Spreadex sports homepage. Banners at the top of the page keep you updated on the biggest events of the day. On the left and right hand sides you can easily access the most popular ‘In-Play’ options and latest Live Streams respectively. A bar at the top of the page allows you to navigate to the most popular sports, with a drop-down menu detailing the full extent of the sports available.

Spread betting and fixed odds prices can be found next to each other, but have dedicated pages when clicking onto a specific event, showcasing the range of Spreadex’s betting offerings.

Customers can also navigate to Spreadex’s Casino and Financials sites from the top of the page.

Spread betting and fixed odds prices can be found next to each other, but have dedicated pages when clicking onto a specific event, showcasing the range of Spreadex’s betting offerings. 

Customers can also navigate to Spreadex’s Casino and Financials sites from the top of the page.

Noteworthy Spreadex Features

Across both its desktop browser and mobile app platforms, Spreadex has a whole host of features designed to optimise the betting experience, including shortcuts to view prices in Coupon format or in-play Match Centre graphics for live events.

Spreadex also has an extensive help section with guides on spread betting on different sports, complete with educational videos and interactive calculators which show how theoretical spread bets work before you try the real thing. 

Bet-Builder

One of Spreadex’s flagship features, Bet-Builder allows you to create your own football bets, be it for spread betting or fixed odds prices. 

If using Bet-Builder for spread betting, once you had added your selected bets, you will be offered two spreads. One is a Binary spread, making up to 100 if all of the outcomes are achieved, and 0 if any element of your bet fails.

The other is an Index spread. For example, if you have added 3 possible outcomes, you are offered a 100-50-25-0 Index, where the market makes up to 100 if all 3 elements are successful, 50 if only 2 outcomes are successful, 25 if just 1 element is successful, and 0 if all 3 fail. 

Cash Out

There are three difference versions of Cash Out when betting with Spreadex. One-Click Cash Out, on desktop and mobile, allows customers to take an early profit or cut their losses with ease at any point during an event.

Auto-Cash Out means customers can place bets that automatically close out if the bet in question has made a certain amount of profit in-play. 

Partial Cash Out, again both on desktop and mobile, gives customers the opportunity to use a slider function to select exactly how much of a bet you want to cash out, for fixed odds singles and multiples. 

Bet on Credit

Another element that makes Spreadex stand out is that the site allows you to bet on credit, with no extra charge for using a credit limit. When you first sign-up for an account, credit limits of up to £2000 will be considered. 

My Teams

By adding a team to Spreadex’s ‘My Team’ feature, you can easily keep track of all the latest long-term and match-by-match fixed odds and spread betting prices available at a glance. 

Transferring the quality and accessibility of its browser platform onto mobile, Spreadex offers superlative sports betting apps for both iOS and Android devices. A clear layout makes the app very easy to use, while customers also have access to Live Chat Support if they encounter any issues.

Punters can quickly access all in-play betting opportunities with just one tap, can watch all the same live-streaming events found on the desktop version of the site, and can save favourite events. Betters can also quickly flick between spreads and fixed odds on any given event, and utilise Spreadex’s Bet Builder and Cash Out features.

Spreadex offers a variety of different withdrawal and deposit methods. These include:

·       Visa

·       Switch/Maestro

·       Mastercard

·       Bank Transfer

·       Cheque

·       Direct Debit

·       Barclay’s Pingit

Unfortunately Spreadex does not currently accept deposits from e-wallets, such as Moneybookers, Paypal, Neteller and Ukash.

Any payments back onto a debit card will take between 2 and 5 working days to appear in your bank account. Any Bank Transfers should be in your account within 2 working days.

As well as a full suite of sports spread betting and fixed odds prices, Spreadex also offers financial spread betting on the same account, including prices on Cryptocurrencies. Spreadex has spreads on Bitcoin, Bitcoin Cash, Ether, Ripple and Litecoin – Bitcoin can even be traded from a minimum stake of just 2p! It is worth noting when considering trading cryptocurrencies that they are often more volatile than traditional markets.

Support is available 24 hours a day, 7 days a week, for all services. Customers can reach Spreadex via:

·       Live chat: click the live chat button on the bottom right-hand side of the page

·       Email: sports@spreadex.com

·       Freephone: 08000 526 575

·       Landline: 01727 895 090

·       Overseas:  +44 1727 895 090