SpreadEx Sportsbook Review 2025: Pros, Cons And User Ratings

SpreadEx UK Bookmaker Review 2025

SpreadEx isn’t necessarily the biggest name in the UK betting industry; however, it is one of the top options around. They offer a unique experience, as they provide players with the ability to enhance their sports betting sessions with spread betting. This is where you have the chance to get against a favourite by selling on the spread (i.e. laying a bet on a betting exchange).

SpreadEx Sign up Offer and Other Promotions

You can obtain two different types of SpreadEx 2025 sign up offers as a new customer:

• Bet £10 and get up to £60 in Free Bets on fixed odds betting
• 6 x free £5 spread bets and get up to £300 cashback in sports spread betting.

Various terms exist for both offers, with the following for the fixed odds offer:

• Place a £10 fixed odds single or £10 each-way bet at minimum odds of 1/2
• Get 3 x £10 free fixed odds bets, 3 x £5 Total Goals football spread bets, 3 x £5 Winning Favourites spread bets, and a £1 racing Race Index spread bet.

Only the ‘win’ part of the bet counts and will trigger 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 once the bet is settled. Each day after, you will receive the second and third parts of the promotion. You must use the free bets within 28 days.

For the SpreadEx sports spread offer, you will need to:

• Place a fixed odds bet of at least £10 at minimum odds of 1/2.
• Your first free £10 fixed odds bet will then be received, and you will also receive your first free £5 Total Goals spread bet and first free £5 Winning Favourites horse racing spread bet.
• On receipt of your second £10 free fixed odds bet (awarded 24 hours later), you will also receive your second free £5 Total Goals spread bet and second free £5 Winning Favourites horse racing spread bet.
• On receipt of your third £10 free fixed odds bet (awarded a further 24 hours later), you will receive your third free £5 Total Goals spread bet and third free £5 Winning Favourites horse racing spread bet.
• You need to ensure your account is configured for spread betting to use the 6 x free £5 spread bets.

The Cashback part of the promotion is available after the 28-day period. If you stake £300+, you can claim up to £300 or an iPad. If you stake less than that amount, you’ll receive the amount back as cashback.

Other SpreadEx bonuses and promotions exist, with many sport-specific. There is also a ‘Refer & Earn’ promotion, where you can earn a £100 Total Goals spread bet once they have signed up and placed five qualifying sports spread bets (minimum stake of £2).

See our Paddy Power bonus guide for all the details.

Payment Methods and Banking Options

SpreadEx offers a variety of payment methods for making simple deposits and withdrawals. These include:

• Debit cards (Visa/Mastercard)
• Apple Pay/Google Pay
• Bank Transfer
• Cheque
• Direct Debit

They don’t accept e-wallet payments.

How to Deposit Money at SpreadEx and What Is the Minimum?

To make a deposit into your SpreadEx account:

A minimum deposit of £5 must be made.

How Long Does It Take to Withdraw From SpreadEx and What Is the Minimum?

SpreadEx aims to complete the withdrawal process quickly, allowing you to use debit cards and bank transfers as the primary method.

The process can be completed within a few hours, but transactions may take up to three days.

Most Popular SpreadEx Features

SpreadEx offers many betting features that make it popular with UK bettors. These include:

• Sports Spread Betting: Bets can be placed in an alternative way to fixed odds betting, enhancing the overall sessions that are enjoyed.
• Competitive Popular Markets: Although limited in some aspects, the most popular betting markets are detailed, diverse, and competitive.
• Good live streaming service: Live streams are available across many events regularly and work without fault.

Available Sports and Range of Offerings

Although we’ve mentioned we feel SpreadEx could offer more, there is still a good range of available sports and non-sports to bet on. You can find excellent offerings across football and horse racing, while other options have a standard offering available, including virtuals and novelty bets.

Types of Bets at SpreadEx

Bettors can use a range of different bet types when betting with SpreadEx:

• Single – A basic bet on one outcome.
• Double – Two bets being combined together on one stake.
• Treble – Three picks on one stake.
• Accumulator – A bet of four or more picks that all must be successful for the bet to win.
• System Bets – You can place large multiples of bets together (i.e. Trixie, Yankee, etc.).

SpreadEx Odds Offer and Its Attractiveness

The odds offered by SpreadEx are among the most competitive in the UK. They regularly compete with the biggest and most recognised sportsbooks in the market. Insurance bonuses and boosts can be found for existing members.

Platform Usability and Design

The SpreadEx platform is arguably a little basic and can potentially be improved from a navigation standpoint. Still, it is very user-friendly as it offers a simple experience that makes the betting session enjoyable and easy.

SpreadEx Website

The SpreadEx website is clean and can be easily explored. We’d like it to be organised a little better, but it’s still suitable for a positive sports betting experience.

SpreadEx App

The SpreadEx mobile app can be downloaded on iOS and Android devices. It provides a similar layout to its website design, although this can be overwhelming. Still, it can be used to place bets quickly.

Account creation: How to Register and Start Betting With SpreadEx?

To create a SpreadEx account:

Discover the step-by-step SpreadEx registration guide.

Security and Licence: Is It Safe and Legal to Bet With SpreadEx?

SpreadEx is a legit sportsbook in the UK. It holds an active UKGC licence, with its information in the footer of each page. You can verify this if you require further assurance. As a result of this licence, the site can be trusted as a secure platform, with SSL encryption being used to safeguard any data that is used, including when making payment transactions.

Customer Service and Support

SpreadEx offers good customer support. Available options include:

• FAQ: detailed and comprehensive
• Chat: Live chat Mon – Sat: 07:30 – 22:00 and Sun: 08:30 – 22:00.
• Email: info@spreadex.com
• Telephone: 01727 895 000

User Reviews and Opinions

We hope to have answered all your questions with this SpreadEx review. You can find out what others have to say here:

• Trustpilot

As you’ll see, reviews are typically positive (4.3 stars as of September 2025 from 2K+ reviews). Many appear to praise the customer service offered, which I could agree with. They were also praising the odds, markets, and navigation offered, among other things.