Spreadex Welcome Bonus UK 2020

Latest Spreadex Welcome Offer

Spreadex is perhaps the most unique company out there on the gambling market at the minute, as they are the only company that currently offer both sports spread betting and fixed odds betting under the one roof. Spreadex was founded in 1999 by ex London City trader Jonathan Hufford and hosts an online financial trading platform as well as fixed odds and spread sports betting. They are authorised and regulated by the Financial Conduct Authority and licensed and regulated in Great Britain by the Gambling Commission.

The current Spreadex welcome offer gives new customers the opportunity to claim either up to £300 cash or an iPad in exchange for making the relevant qualifying bets.

To those used to fixed odds betting, this will seem like a mouthwatering bonus compared to those found in your high street bookies or online betting platforms. You’re not wrong, this is a mammoth offer, but it should be noted that spread betting comes with a higher risk than spread betting. The Spreadex welcome bonus is potentially bigger than any other bonus of you’ve seen, but to fully claim, it will require more qualifying bets to be made and at a greater risk.

The Spreadex Welcome Offer in Detail

With the Spreadex welcome offer, you can get your hands on a cash bonus of up to £300 or an iPad! Simply register your new Spreadex account today and make your qualifying bets to get your Spreadex welcome bonus!

Want to know more?

Read on to find out how you can claim this bonus!

What do you get?

The Spreadex welcome bonus offers new Spreadex account holders the chance to get £300 cash back or an iPad 10.2 inch WIFI 32GB! To claim the Spreadex welcome offer all you have to do is sign up and register your Spreadex account, place your qualifying sports spread bets then choose to get your bonus in the form of cashback or an iPad. It pretty much is that simple.

In order to claim the full bonus, you’ll need to stake qualifying bets of £300 within the first 28 days of opening your account. Once your qualifying bets have been made you’ll then get £300 deposited into your Spreadex account. If you’d rather claim the Spreadex welcome offer of an iPad just contact Spreadex directly via email or phone and they’ll remove the £300 cash from your account and have the iPad sent out.

If staking £300 to qualify for the Spreadex welcome bonus seems a little steep to you, then not to worry. £300 (or an iPad) is just the maximum bonus you can claim, but it’s not a case of all or nothing. The cashback bonus will match whatever amount of qualifying sports spread bets you make within the first 28 days of having your Spreadex account. For example, if you stake £50 on the qualifying sports spread bet markets with 28 days of opening your Spreadex account, your bets will be matched and you’ll receive £50 bonus cash deposited into your account.

If you’re new to spread betting and don’t want to throw too much money at it, this gives you plenty of leeway to make qualifying bets within your means. If you know your sports fixed odds betting well, and are looking to give sports spread betting a try, then cashing in on a reduced version of the Spreadex welcome bonus is definitely a good shout in our opinion.

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What can you use the bonus on?

The money that you get from the Spreadex welcome offer is yours to keep and use as you please. Although your qualifying bets must be spread bets made within 28 days of opening your account, your £300 Spreadex welcome bonus cash is not restricted to just this.

Spreadex also offers fixed odds betting as well. If the qualifying bets were a new venture into the world of sports spread betting for you, you’ll be pleased to know you can bet your bonus cash on more familiar ground. If you’re seasoned in both betting types, you’ll be pleased to know that you can use your Spreadex welcome bonus cash to stake on either type. The stability of fixed odds betting and every changing excitement of spreads are both at your disposal. Spreadex are an award winning company with a vast range of sports betting markets on offer, with all their trading rooms open 24 hours a day, 7 days a week.

All that being said, there’s nothing that stipulates that your Spreadex welcome offer cash has to be kept and used in your Spreadex account. There’s no wagering requirements or restrictions on your bonus cash, leaving you free to withdraw it and use it as you please.

What important terms do you need to consider?

If you’re completely new to spread betting, then the fact that the qualifying bets must be made on sports spread bets is perhaps the biggest term you need to consider when it comes to claiming the Spreadex welcome offer. Spread betting is a very different type of mistress to fixed odds betting. The winnings can be much larger than you might be used to with fixed odds betting, but you also stand to lose more than your original stake. If you’re completely new to spread betting it’s best to do your homework before diving in. If this is your first venture into spread betting, we’d advise not jumping in too quickly to try and reach the full £300 worth of qualifying bets. Remember, the Spreadex welcome bonus matches 100% of whatever amount you stake on qualifying bets in cash.

However if you do stake less than the £300 maximum when claiming the Spreadex welcome offer, then you will only be eligible for the cash bonus and not the iPad. If you do fancy the iPad nonus specifically, then you will need to stake the full £300. If you have staked the full £300, you need to choose between the £300 cash bonus and the ipad, you can’t take both unfortunately!

If this respective offer isn’t your cup of tea, take a look at the latest Spreadex new account offer.

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Spreadex Welcome Offer restrictions – know before you bet 

You can actually claim the Spreadex welcome offer without even depositing a penny of your own money, as you can apply for a credit limit. This is subject to your credit rating and should be used with great caution. Whatsmore is that your bonus won’t be paid  if you have a negative balance in your account. As you can lose more than you stake with sports spread bets, there is the potential for this to happen even if you haven’t taken a credit limit. If you do have a negative balance at the point when you qualify for your bonus it doesn’t mean you lose out on your bonus completely. As long as you get your balance positive within 28 days your Spreadex welcome bonus will be paid into your account.

The good news for those of you living overseas is that you actually can claim the Spreadex welcome bonus from outside of the UK. You will, of course, need to double check the gambling laws and regulations where you are before opening your Spreadex account. The only restriction you face when claiming the Spreadex welcome offer from outside of the UK is that you won’t be eligible for the iPad as the shipping costs add extra costs and complications from Spreadex’s end. However, as an alternative, you can still claim the iPad and receive the cash equivalent of the iPad’s price on the UK marketThis is actually a little above the £300 cash bonus, so is worth doing.

The Spreadex welcome bonus is very different to the Unibet voucher deal and available to new Spreadex account holders only. If you’re reopening a previously deactivated Spreadex account, you’re normally not entitled to the Spreadex welcome offer. However, Spreadex does offer some flexibility here and will still grant the offer under special circumstances. These are dealt with on a case by case basis. If you’re reopening your Spreadex account and think you should be eligible for the bonus for whatever reason, contact Spreadex directly.

Your qualifying bets must be placed within 28 days of opening your account and must be placed pre match before an event starts, with the exception of cricket test batsman runs. The good news is that bets closed out in play will still count towards your qualifying bets. There is a list of sports and bets types that your qualifying spread bets can be made on, however it is quite long and includes a vast range of football and horse racing bets as well as cricket, golf, tennis and darts. If you’re looking for an alternative bonus, try our Betdaq free bet or 21.co.uk welcome offer review.

Check Out Spreadex’s other Bonuses in 2020

As well as the Spreadex welcome offer, Spreadex also has a few other offers for new and existing customers to take advantage of. Once you’ve registered your Spreadex account and claimed your £300 bonus or iPad, you can then take advantage of the following offers:

Spread-free bets

Regular sports spread betters can get their hands on a tidy little freebie from Spreadex on a frequent basis. Spreadex offers existing customers the chance to get their hands on some spread-free bets for specific markets. This means you can bet at the midpoint of the spread rather than the top or bottom

Refer a friend

If you recommend Spreadex to a friend or family member and they activate their account, you’ll earn a Spreadex bonus in the form of a risk free £100 total goals spread. You can claim this bonus as many times as you like, so you can cash in on your popularity!

Spreadex’s sports spread betting firm is multi awarding winning, as is their customer service. Regardless of the offers available at any specific time, the platform and range of markets alone make it worth choosing Spreadex for your spread and fixed odds betting fix.

For more great bonus offer guides, check out our Betfred sign up offers and NetBet promo code reviews!

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Spreadex Welcome Offer FAQ 

❗Is the Spreadex welcome offer a free bet?

Spreadex is currently running an exciting offer for new customers. The welcome offer can be claimed once you have signed up and created an account. Once you have fulfilled the necessary requirements, it’s possible to put the welcome offer into action. In our latest Spreadex deals coverage, we’ll outline what the offer entails. Otherwise, you might end up claiming a bonus that you don’t have much use for. At Betting.co.uk, we bring you all the latest bonuses.

🔁 Does Spreadex have different welcome offers?

It’s common for the best bookmakers to offer a number of different welcome offers. This is particularly true when it comes to platforms that have a variety of products on offer. Platforms with a sports and casino vertical might offer one welcome offer for each vertical. To find out if Spreadex has more than one welcome offer available, visit Betting.co.uk and check out our latest deals coverage.

🔞 Am I eligible for the Spreadex welcome offer?

Finding out if you are eligible to claim a welcome offer is the first step to claiming an offer. If you aren’t eligible, you might go through all the necessary hoops, only to find out you can’t access the actual bonus. Thus, it’s important to stay in the loop with Betting.co.uk and all the latest developments on bonus offers. This will allow you to narrow down the choices available to you.

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