Spreadex Sign Up Offer & Bonus Code: Bet £10 and get £60 in Free Bets
Spreadex was established in 1999 by Jonathan Hufford, an ex-City trader. Originally set up as a spread betting company, they are now just as recognised as a fixed odds betting provider offering a wealth of markets across both sports and financials. Spreadex is based in St Albans, England.
Spreadex Sign-up Offer Explained
The Spreadex sign-up offer gives new players the chance to claim £60 in free bets after registering and placing a qualifying £10 bet.
To qualify, place a £10 fixed odds single or £10 each-way bet at minimum odds of 1/2. Once the bet has settled, you will receive three £10 fixed odds free bets, three £5 Total Goals football spread bets, three £5 Winning Favourites racing spread bets and a £1 Race Index spread bet. The rewards are credited across three consecutive days and must be used within 28 days.
#AD 18+ New UK customers only, Place a £10 fixed odds bet at minimum odds of 1/2 and get 3 x £10 free fixed odds bets, 3 x £5 Total Goals football spread bets and 3 x £5 Winning Favourites spread bets on consecutive days and a £1 racing Race Index spread bet. The promotion will run from 11th March 2025 until discontinued by Spreadex Ltd. using its reasonable discretion, ("Promotion Period"). Offer can only be used once per customer. Full T&Cs apply.
How to Claim the Spreadex Sign-Up Offer
New players can follow these steps to claim the Spreadex welcome offer:
- Follow one of the links on this page to visit the relevant Spreadex promotional page.
- Select the red “Join Here” or “Open An Account” button.
- Complete the registration form with your personal details, including your name, email address, phone number, date of birth, nationality and country of residence. You will also need to create a secure username and password.
- Deposit funds into your account using an accepted payment method, such as a debit card or Apple Pay. You will need at least £10 to place the qualifying bet.
- Place a £10 fixed odds single or £10 each-way bet at minimum odds of 1/2. The bet must settle before your rewards are credited, and cashing out will not count towards the offer.
- Once your qualifying bet has settled, Spreadex will credit your account with three £10 fixed odds free bets, three £5 Total Goals football spread bets, three £5 Winning Favourites racing spread bets and one £1 Race Index spread bet.
- The rewards will be credited across three consecutive days and must be used within 28 days.
Spreadex Sign-Up Offer Terms and Conditions
It is important to read the full terms and conditions before registering. Below are the main conditions attached to the Spreadex new customer offer:
- Available to new Spreadex customers aged 18 or over who reside in Great Britain or the Republic of Ireland.
- The offer can only be claimed once per customer and cannot be used alongside another Spreadex promotion.
- Customers must place a £10 fixed odds single or £10 each-way bet at minimum odds of 1/2. Only the win portion of an each-way bet counts towards the qualifying amount.
- The qualifying bet can be placed pre-event or in-play but must be allowed to settle. Cashed-out bets will not qualify.
- Once the qualifying bet has settled, customers will receive one £10 fixed odds free bet, one £5 Total Goals football spread bet, one £5 Winning Favourites racing spread bet and one £1 Race Index racing spread bet.
- A second set of £10, £5 and £5 free bets will be credited 24 hours later, with the third set credited after another 24 hours.
- Free bet stakes are not included in any winnings generated from fixed odds free bets.
- Fixed odds free bets can be selected by ticking the “Use Free Bet” option on the bet slip.
- Fixed odds free bets can be used in-play but cannot be cashed out and must run until the bet has been settled.
- Customers must hold a full sports spread betting account to use the Total Goals, Winning Favourites and Race Index spread bets.
- Spread betting can result in losses greater than your initial stake or deposit, so customers should ensure they understand the risks involved.
- Free bets expire 28 days after being awarded if they remain unused.
- Reopened accounts will not ordinarily qualify for the promotion.
- Spreadex may withhold the offer if it reasonably believes that the promotion has been abused, including through collusion or organised betting.
- Spreadex Ltd reserves the right to amend, restrict or withdraw the promotion at any time without prior notice.
#AD 18+ New UK customers only, Place a £10 fixed odds bet at minimum odds of 1/2 and get 3 x £10 free fixed odds bets, 3 x £5 Total Goals football spread bets and 3 x £5 Winning Favourites spread bets on consecutive days and a £1 racing Race Index spread bet. The promotion will run from 11th March 2025 until discontinued by Spreadex Ltd. using its reasonable discretion, ("Promotion Period"). Offer can only be used once per customer. Full T&Cs apply.
Does Spreadex Offer a Bonus Code?
No, there is no bonus code requirement to claim this Spreadex offer. Simply click through via one of the links on this page to ensure you qualify.
How does the Spreadex New Customer Offer compare with competitors
The table below shows the bookmaker's sign-up offer, the minimum you can deposit, and the bonus expiry time.
| Bookmaker | Sign Up Offer | Minimum Deposit | Bonus Expiry |
|---|---|---|---|
| SpreadEx | Bet £10 get £60 free bets | £10 | 28 days unused |
| Bet365 | Bet £10 get £30 free bets | £10 | 7 days after free bets credited to account |
| Coral | Bet £5 get £20 in free bets | £5 | 7 days if unused |
| Betfair | Bet £10 get £50 free bet builders | £10 | 30 days after qualifying bet is settled |
| SkyBet | Bet 5p get £40 free bets | £5 | 7 days after free bets credited to account |
| BetMGM | Bet £10 get £40 in free bets | £10 | 3 days if not used |
| BOYLE Sports | Bet £10, get £40 in free bets | £10 | Expires in 7 days |
| Ladbrokes | Bet £5 get £20 in free bets | £5 | 7 days after free bet is credited |
Spreadex Key Sportsbook Features: Why Should You Sign Up?
Spreadex was originally founded as a financial trading platform with sports betting added in 2006. In recent years they've focused on improving the quality and depth of the sportsbook and the result is a much-improved online bookmaker. Here are some key features of the Spreadex platform:
Choice of Fixed Odds or Spread Bets
The Spreadex site allows you to choose whether to place standard fixed odds bets or spread bets. Whilst different wallets are used for each, the process to transfer your balance between the two is seamless making for a smooth betting experience. Whilst the majority of bettors will prefer fixed odds betting, having that option to try out spread betting on your favourite sports is very much a niche for Spreadex and one that certainly appeals to more serious punters.
Range of Markets
Another area where Spreadex differ from the majority of recreational bookmakers is in the range of their markets. Whilst other bookies offer more, Spreadex offer a number of markets not offered elsewhere such as Favourite Performance, Match Bets and Favourites or Rags. They won’t appeal to everyone but, for certain bettors, this is a very strong reason why they would choose to bet with Spreadex.
Live Streaming
There are always a large number of sports events being live streamed on Spreadex including cricket, snooker and eSports on top of the more regular live streamed events such as horse racing and greyhounds.
#AD 18+ New UK customers only, Place a £10 fixed odds bet at minimum odds of 1/2 and get 3 x £10 free fixed odds bets, 3 x £5 Total Goals football spread bets and 3 x £5 Winning Favourites spread bets on consecutive days and a £1 racing Race Index spread bet. The promotion will run from 11th March 2025 until discontinued by Spreadex Ltd. using its reasonable discretion, ("Promotion Period"). Offer can only be used once per customer. Full T&Cs apply.
On Which Sports Can You Apply The Spreadex Welcome Offer?
Spreadex offer a good range of sports to bet on. Below we list the sports currently available on their website:
- American Football
- Basketball
- Boxing
- Cricket
- Cycling
- Darts
- eSports
- Football
- Golf
- Greyhounds
- Horse Racing
- Ice Hockey
- Motor Racing
- Politics
- Rugby League
- Rugby Union
- Snooker
- Specials
- Table Tennis
- Tennis
- UFC
- Virtual Sports
- Volleyball
Spreadex Free Bets and Offers for Existing Customer Offers
In addition to the free bets awarded to new customers, there are additional offers and promotions available to existing customers. Here we look at the offers currently available:
Boost Your Acca Winnings by up to 100%
Place an accumulator bet with three or more selections from the qualifying football markets and get a boosted amount if the bet wins. The bonus for an acca with three selections is 5% whilst anyone who can land a 20-team acca gets a massive 100% bonus (up to £25,000).
First Past the Post
If a horse wins a race but is subsequently demoted by the stewards, Spreadex pay out on two horses as winners - the horse that was first past the post and the horse declared the official winner. This applies to fixed odds bets only placed on UK or Irish horse racing.
Lucky Double Odds
If your Lucky 15, Lucky 31, or Lucky 63 settles with only one winner, get double the odds on that winning single bet.
2nd to a Rag Insurance
If you back a horse that finishes second to the winner with an SP of 33/1 or more, the bet will be refunded as a free bet up to £25.
Is There a Spreadex Mobile App?
Yes. The Spreadex Mobile App is available in the App Store where it is rated 4.7 out of 5 by its users and the Google Play Store where it is rated 4.0 and has had over 50k downloads. Users can claim the new customer offer via the app or simply sign up via the links on this page and then download the app once registered.
Personally, I find the Spreadex App meticulously laid out with a minimum of clutter. The fact that they've applied the same design aesthetic to the sportsbook as their financial offering will be welcomed by punters who sometimes get lost in a blizzard of whacky marketing gimmicks on other sportsbook mobile apps. Instead, Spreadex is strictly business. You are never more than a few taps away from any given betting market, and once you reach it, the process of placing a bet is clear and intuitive.
Spreadex Responsible Gambling Features
To support users, Spreadex offers several features and account options dealing with responsible gambling.
Deposit Limits
To limit the amount that you can deposit into your fixed odds wallet over a specified period. Furthermore, establish a net fixed odds deposit limit which takes into account your withdrawals too.
Timeouts
For fixed odds, in casino or virtual sports services, order a time-out between 1 and 6 weeks. When requested, the corresponding account section is locked until the timeout period ends.
Self-Exclusion
Choose the self-exclusion from using gambling and also betting services for at least 6 months or up to five years. Log in, go to the 'Responsible Gambling' section under ‘My Account’.
Reality Checks
The time for warnings after 1, 2, or 3 hours can be configured on the website as a ‘Reality Check’. The popup options include continuing, checking the account ledger, or logging out.
Underage Gambling
Spreadex does not allow persons under 18, to perform age verification tests and may also ask for identity documents.
Spreadex Customer Service
There are different ways to contact Speadex should you require some help with your account. There are also many different help guides and FAQ’s available to read on their website as well as a Live Chat facility.
Note that there are slightly different customer service hours for their Financials and Sports customer service teams. Telephone numbers are also different for the two products.
Sports Customer Service Hours
Monday: 07.00 - 22.00
Tuesday: 07.00 - 22.00
Wednesday: 07.30 - 22.00
Thursday: 07.30 - 22.00
Friday: 07.30 - 22.00
Saturday: 07.30 - 22.00
Sunday: 08.30 - 22.00
Email: [email protected]
Sports Betting Customer Services: 01727 895 000
From Overseas: +44 1727 895 000
Sports Trading Room: 08000 526 575
Sports Trading Room Landline: 01727 895 090
Sports Trading Room From Overseas: +44 1727 895 090
Financial Trading Room Hours
Monday: 24 hours
Tuesday: 24 hours
Wednesday: 24 hours
Thursday: 24 hours
Friday: 00:00 - 21:15
Saturday: Closed
Sunday: 21:00 - 00:00
Email: [email protected]
Financial Trading Room: 08000 526 570
Financial Trading Room Landline: 01727 895 151
Financial Trading Room From Overseas: +44 1727 895 151
Our Experience Using Spreadex
On the whole, Spreadex is quite an interesting place to bet. The unique markets and variable qualifying wagers were very apparent, leading to a fun betting experience. The user-friendliness of the platform also contributed to their satisfaction. Improvements can involve improved bonus activation notifications, and also additional deposit methods beyond just cards.
Although these aspects should be taken into account, Spreadex is worth looking at for its simple design, a wide variety of betting options available, and also an impressive welcome bonus. Punters should read the terms and conditions for full benefits.