Spreadex Review, Free Bets and Offers
Why use Spreadex?
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Spreadex is simple to sign-up to and they regularly offer market leading sign up offers for their new customers.
This has included in the past the chance to trade without losing, or a free iPad when you trade with them.
One of their more popular promotion offers for their customers is 'place 3 sports spread bets get a 4th spread bet free'.
They will also email you occasionally with their specials and freebies on sports specific to you, often sports that you have traded on in the past.
During big tournaments, Spreadex have been known to run attractive competitions for their customers, with generous prize money up for grabs. An example is predicting the outcomes in the NFL for the chance to win a big cash prize.
If you like the sound of Spreadex and are ready to open an account with them, click here.
Please always check the Spreadex terms and conditions.
Spreadex History
Spreadex headquarters are based in the state-of-the-art trading rooms in At Albans, Hertfordshire, and was founded in 1999.
They offer spread betting and fixed odds all from the same platform, which makes them unique, and you can choose which to take advantage of instantly once you have joined them.
It is also ideal for punters who like to mix between both spread betting and fixed odds.
Spreadex’s main industry rival is Sporting Index, who they are hot on the heels of. This rivalry often benefits the customer with both companies attempting to outdo each other by offering the better prices than the other, which allows the customer to benefit. Like most industries, competition is healthy and results in better prices for the customer.
Spreadex FAQ
There is a dedicated page for those new to Spread betting which where you will find a comprehensive list of answers to any commonly asked questions by other curious customers.
A lot of Spreadex customers are considered experts on specific sports and pride themselves on their knowledge. They are aware of this and as a result, Spread traders need to be and are some of the best on offer.
Their spreads tend to be very accurate and the aim for the bettor is to find any errors in their predictions.
Spreadex offer a vast array of markets to bet on, ranging from the more popular sports such as football/horse racing, to the most unorthodox such as ice hockey and volleyball. They are also quick to put up ante-post sporting markets, so there is always a plenty to take advantage of.
As previously mentioned, Spreadex also offer fixed odds markets. This allows the customers to choose between the spread price and the fixed-odds price on the same site, which is unique to Spreadex. You can access both the Spreads and fixed oddsfrom one account, you do not need separate accounts, which is very useful for speed of placement.
Spreadex Spread Betting Example
Below an example from a Champions League match in 2018 which shows the difference between spread and fixed odds betting.
Fixed Odds:
Liverpool 3.0
Draw 3.6
Manchester City 2.4
Spread Odds:
Winner gets 100 Points, Loser gets 0.
Liverpool: 30.7 - 33.4
Draw: 25 - 27.8
Man City: 38.4 - 41.7
So, as you can see, if you buy Manchester City at £1.00 a point at 41.7 and they win you get 58.3 x your stake, (the difference between 41.7 and 100) = £58.30.
If they do not win you lose £41.70. (the difference between 41.7 and 0).
Having a spread betting account gives you the option to choose.
Financial Markets on Spreadex
For those who are interested in financial markets Spreadex offer a range of money markets, ranging from spread bet on Currencies, Shares, Commodities or a myriad of financial markets. If you are interested in spread betting on financial markets, then you joining Spreadex is a must.
Using Spreadex On The Go
Weather you are at work or on the go, Spreadex offer a top of the range dedicated app, allowing you to place spreads, or open or close in play positions.
It's very useful to be able to always be in touch via the app as you are able to place a spread bet on a morning before heading into, work and monitor and close it whilst you are at your workplace using the app.
Spreadex are very active on social media channels and responsive to any customer queries and complaints. You can find them on Facebook, twitter, google, youtube.
On these channels they also post team news, goal updates on the big sporting events, run regular competitions (mentioned earlier) and post any special offers they may be running.
They also use their social media platforms to inform followers of horse racing market movers, and add helpful spread betting guides.
Spreadex Minimum Bet
In general, minimum stakes start at £1 to £5 per point depending on the event, but you can bet from as low as 25p per point in volatile markets.
This low starting amount allows you to find your way around the site and get familiar with the Spreadex product, without breaking the bank.
Spreadex App and Mobile Review
The Spreadex App was the first in the world which allowed the user to place spread bets and fixed odds bets from your mobile.
When you open up the Spreadex app you are greeted by “In Play Now/In Play Soon!”
This does what it says on the tin, so you don’t never have to miss out on a live event.
The sports are laid out below, and are in chronological order, making it quick and easy to find the specific sport you are looking for. All the sports you know and love on the Spreadex desktop site are also available on the Spreadex App.
Want a change from the sports betting? Not a problem. Casino, games, and financial betting are also available to the user on the Spreadex mobile site.
If you like the spread price more than the fixed-odds price, you can place your bet from the same screen, which is a real plus for punters who are on the go and may be short of time.
Timeform provide previews for every UK race, which includes a 1-2-3 prediction for each race and a star rating. The stronger the fancy, the more stars they give the horse.
The Spreadex account summary page is one of the best in the business. They make it crystal clear on the app how much you have available to spend in your account, and your trade history and full details of your deposits and withdrawals are easily available too, making it easy to track you profit/loss should you wish.
With more and more people using apps to place their bets, Spreadex undoubtedly have one of the market leading apps in the betting industry.
Once you who have downloaded the app, you get the option to leave a review of the Spreadex app.
This help any interested punters who may be interested in what Spreadex has to offer get a better understanding of the good and bad details of the Spreadex app experienced by other customers, and therefore can make a more informed decision.
Summary
Their low minimum bet rules allow any new customers to find their way around the site and see what Spreadex has to offer without breaking the bank.
They offer a vast array of Sports market as well as Casino and Financial markets, meaning the punter has no shortage of options. This extends to app which is a brilliant facility, allowing you to place spread bets and fixed odds bets from your mobile. This is ideal for the busy punter on the go.
If spread betting and fixed odds betting are what you’re in the market for, then Spreadex is a must have. The option to use both spread betting and fixed odds betting on the same platform is unique and can be a brilliant tool if utilised correctly.
