Up to £300 Cashback
Spreadex was founded back in 1999 by Jonathan Hufford and their sports betting operation launched in 2006. They are one of the leading sports spread betting operators in the world. Spreadex is the only betting company that offers fixed odds and spread betting from the same account.
It caters for bettors who like both worlds. From the fast paced adrenaline rush of sports fixed odds betting to the analytical sports spread betting.
Spreadex offers a great range of markets mostly priced up by their in-house trading team. They offer all the sports popular with UK punters. They currently have 16 sports markets listed as well as political betting, TV Special and their customary financial spreads.
The homepage is dominated by football and horse racing betting but you can also bet on greyhound racing, tennis, golf, basketball, boxing, cricket, darts, rugby, snooker and a number of other events.
Spreadex claims that in-play betting is one of their strongest selling points and it’s true that their live betting markets are easy to find and updated regularly. In-play sports spread betting allows you to open or close your bet at anytime to maximise your profits or cut your losses.
They also have three cash out options which makes it easier for the bettor to plan their bets. You can do one-click cash out, partial cash out or auto-cash out.
Auto-cash out allows you to place bets that automatically cash out when your bet has reached a set level of profit in-play. This is a really handy tool if you’re placing a bet on an event that you cannot watch live. You will need to click on the cog icon on the betslip and set your auto-cash out amount when placing your bet.
Sports spread betting can be quite confusing and it hasn’t taken off to the same level as fractional betting in the UK. You can read our Sports Spread Betting Guide to find out how to place your first spread bet on Spreadex.
They have competitive odds on their sports betting site with prices comparable to their traditional rivals. They have their own trading team so you can contact them if you want odds for a bet you can’t find on their site.
Spreadex are pretty good when it comes to promotions. Like most sports spread betting sites they want to encourage people to give it a try so there is some good sign-up offers at the moment.
The best promotion we can bring you right now is their sports account opening offer. Get £300 cashback or a 32GB iPad in your first four weeks with Spreadex.
All you have to do is place £300 in qualifying bets in your first 28 days with Spreadex. Once you have done this, you’ll get the cash back to bet with or a brand new iPad. If you stake a lower amount than the £300 then you will receive that money back i.e. if you bet £100 in the first four weeks you’ll receive £100 back.
Sign-up and get £300 Cashback here!
The qualifying sports spread betting markets are as follows:
Horse Racing: Favourites, Starting Prices, Multi-Mules, Squared Numbers, Spotlight Verdict & Racing Post Favs.
Football: Match Bookings, Match Shirt Numbers, Match Multicorners, Match Goals x Corners, Cross-Corners, Corners Squared, Match Total Goal Minutes, Match Headed/Penalty Goal Minutes, 1st Match and 1st Team Goal Minutes.
Cricket: Batsmen Run Quotes.
Golf: 10-3 Player Matchbets.
Tennis: X-Courts, Player Match Points, Total Points, Points Supremacy.
NFL: Total Points, TD Shirt Numbers.
Rugby Union: Points Supremacy, Total Points, Tryscorer shirts.
Rugby League: Points Supremacy, Total Points, Tryscorer shirts.
Snooker: 10-3 Frame Supremacy, Match 50-ups, Player 50-ups, Total Match Points, Total Player Points.
Darts: 10-3 leg supremacy, Highest Match Checkout.
For all the above markets (except Cricket), the bets must be placed before the events start. Only opening stakes count. For bets closed out in-play, the opening part of the bet will still count. Bets must be placed within the first 28 days of your account being active to qualify.