Spreadex Sign Up Offer & Bonus Code: Bet £10 and get up to £40 in Bonuses
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 and, in November 2024, were ordered by the CMA to sell the Sporting Index brand over concerns they had created a monopoly in the sports spread betting market.
Spreadex Sign-up Offer Explained
The Spreadex sign-up offer gives new customers the opportunity to claim £40 in free bets (plus a £1 Race Index spread bet) when they register and bet £10.
After completing the registration process, you must place a £10 fixed odds bet at odds of 1/2 (1.5) or bigger. When the bet settles, you will receive a £10 free fixed odds bet, a £5 free Total Goals football spread bet, a £5 horse racing Winning Favourites spread bet and a £1 Race Index spread bet.
Another £10 free fixed odds bet, £5 free Total Goals football spread bet, and £5 racing Winning Favourites spread bet will then be credited 24 hours later.
#AD Place a £10 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. Once the bet is settled, get a £10 free fixed odds bet, a £5 free Total Goals football spread bet, a £5 racing Winning Favourites spread bet and a £1 racing Race Index spread bet. The second £10 free fixed odds bet, £5 free Total Goals football spread bet, and £5 racing Winning Favourites spread bet will be credited 24 hours later. 18+ only. Full Terms & Conditions apply. GambleAware.org
How to Claim the Spreadex Sign-Up Offer
New users should follow these step-by-step instructions to claim the Spreadex welcome offer:
- Follow one of the links on this page to be transferred to the relevant promotional page at Spreadex.
- Now click either the red “Join Here” or “Open An Account” button.
- Complete the fields in the registration form with your: name, email address, phone number, date of birth, nationality, country of residence and then enter a suitable and robust username and password for your account.
- Make a deposit into your account using a Debit Card or Apple Pay. You will need £10 to cover your qualifying bet but you can deposit more if you wish.
- Place your qualifying bet. This must be a pre-match (not in-play) fixed odds bet at odds of 1/2 (1.5) or bigger. Do not cash out the bet as this will make you ineligible for the promotion.
- Once the qualifying bet settles you will receive your first set of free bets (a £10 free fixed odds bet, a £5 free Total Goals football spread bet, a £5 horse racing Winning Favourites spread bet and a £1 Race Index spread bet). The second set of free bets (a £10 free fixed odds bet, £5 free Total Goals football spread bet, and £5 racing Winning Favourites spread bet will then be credited 24 hours later. All free bets are valid for 28 days after being credited.
Spreadex Sign Up Offer Terms and Conditions
It is always important to properly read the full terms and conditions of the offer before signing up. Here we run through the main T&C’s of the Spreadex new customer offer:
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Available to new Spreadex customers aged 18+ who join and place a £10 fixed odds bet at odds of 1/2 or greater. Bet must be placed pre-match and not in-play to qualify.
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Cashed out qualifying bets are not eligible.
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Upon bet settlement, customers will receive a £10 free fixed odds bet, a £5 free Total Goals football spread bet, a £5 racing Winning Favourites spread bet and a £1 racing Race Index spread bet. 24 hours later, a second £10 free fixed odds bet, £5 free Total Goals football spread bet and £5 racing Winning Favourites spread bet will be credited.
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Free bet stakes are not included in any returns made from free bets.
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Free fixed odds bets can be placed by ticking the 'use free bet' button on your bet slip when placing your bet.
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Free fixed odds bets can be placed in-play but cannot be cashed out.
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To redeem the free spread bets (2 x £5 free Total Goals football spread bets, 2 x free £5 racing Winning Favourites spread bets and free £1 racing Race Index spread bet.), you need to open a sports spread betting account. Whilst these are free bets, you need to remember that with Spread Betting it is possible to incur losses that exceed your initial stake.
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Free bets expire in 28 days if unused.
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Spreadex Ltd reserves the right to amend, withdraw or restrict this offer at any time without advance notice.
#AD Place a £10 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. Once the bet is settled, get a £10 free fixed odds bet, a £5 free Total Goals football spread bet, a £5 racing Winning Favourites spread bet and a £1 racing Race Index spread bet. The second £10 free fixed odds bet, £5 free Total Goals football spread bet, and £5 racing Winning Favourites spread bet will be credited 24 hours later. 18+ only. Full Terms & Conditions apply. GambleAware.org
Where You Can Use The Spreadex Sign-Up Offer in December 2024
- The King George Christmas Festival at Kempton. Two days of top class jumps action headlined by the King George VI Chase - one of the most prestigious races in the National Hunt calendar.
- Premier League & Champions League Football - The month begins with Liverpool hosting Man City at Anfield in what already looks a must-win game for the champions. There's also a bumper set of live TV games to look forward to over the Christmas and New Year period.
- New Zealand vs England cricket - The two sides face off in a 3-Test Series taking in Christchurch, Wellington and Hamilton. Ben Stokes will have work on his hands against the Black Caps who are fresh off the back of a 3-0 Series win in India.
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 |
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SpreadEx | Bet £10 get £40 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 |
Boylesports | Bet £10, get £30 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 Place a £10 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. Once the bet is settled, get a £10 free fixed odds bet, a £5 free Total Goals football spread bet, a £5 racing Winning Favourites spread bet and a £1 racing Race Index spread bet. The second £10 free fixed odds bet, £5 free Total Goals football spread bet, and £5 racing Winning Favourites spread bet will be credited 24 hours later. 18+ only. Full Terms & Conditions apply. GambleAware.org
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.