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Spreadex are unique among sports betting sites freeing both fixed odds and spread betting on a magnificent range of sports.
In this Spreadex review I’ll give you some helpful insight into whether it’s the right site for you. I’ll look at key areas impacting your experience including the Spreadex welcome bonus, customer service, and the all important betting markets as well as a quick look at how spread betting works.
Payment Provider | Deposit min/max | Deposit time | Withdrawal time | Safety |
---|---|---|---|---|
at least 10€ | instant | high | ||
at least 10€ | instant | high | ||
very high | ||||
1 - 2 days | 2 - 5 days | medium |
Spreadex set out their stall for new players with a welcome bonus that delivers a mix of fixed odd bets and spread bets: €40 in free bets when you place an eligible €10 bet. The free €40 wagers contain a mixture of fixed odds and spread bets, which are split up into two parcels delivered 24 hours apart. Each one contains:
Claiming the Spreadex bonus is easy because you won’t need a promo code, but just be aware of the following conditions:
A spread in betting is basically a prediction of the upper and lower limits of the outcome of a sporting event. So, for example, the spread of total goals in a football match might be 2.8-3.0.
If you think there will be fewer goals than this, then you would ‘Sell’, but if you think there’ll be more goals than this, you’d ’Buy’. What sets spread betting sites apart is that it’s not just about whether you’re right or wrong, it’s how right or wrong you are.
Some sports betting sites can be a bit overwhelming, with an array of widgets, menus, and rolling banners that can make it difficult, if not downright frustrating to find what you’re looking for. My Spreadex review found that they keep things stress free, with a simple layout and a clean look.
Spreadex also have lots of thoughtful touches on their site which are particularly appealing to new players. The Spreadex guide to spread betting will have you up to speed in minutes, and there are lots of videos with more info.
Spreadex prove their credentials as a modern betting site with not only a well organised and easy to use mobile website, but apps for Android and iOS devices too.
This makes in play betting even easier as you’ll have the latest data right in the palm of your hand. The Spreadex app has a score of 4.7 on the App Store which gives you an idea of how good it is. If you don’t fancy downloading an app, that’s no issue, as the Spreadex site is fully optimised for mobile browsers – meaning it is quick loading, responsive, and simple to use.
During my Spreadex review I saw that there are strict rules around third-party banking systems, so they don’t accept e-wallets such as PayPal, or cryptocurrencies. This is something that could change in the future but, at the moment, they currently support only a limited number of deposit and withdrawal options:
The minimum withdrawal amount possible for any method is €50. The maximum withdrawal amount is €25, 000, or €2500 for Mastercard. However, if you are using Mastercard, it is possible to make more than one withdrawal over a 24 hour period. One positive impact of Spreadex’s strict stance on payment methods is that withdrawals are very quick, especially compared to other betting sites with cash out.
I hate poor customer service as it just makes me see red, and that’s why it forms such an integral part of my reviews, including my Spreadex review. Luckily, I was able to stay in a zen-like state of calmness while investigating Spreadex’s customer support options.
The FAQ section was my first port of call and it was one of the best I’ve ever seen. The section answered my queries before I’d even thought of them and had clearly been designed with real players in mind.
If you need more help than the FAQs can provide then you can use the email address and telephone number to speak to the team between 8am-5:30pm every day.
Licensing should be the first thing you investigate when you’re considering a new site. It’s the guarantee that the site you’re using won’t rip you off and leave you, and your bank balance, bereft and broken.
Spreadex Ireland amply meets this criteria for players thanks to its full licence from the UK Gambling Commission. You can also rest assured that the practice of spread betting is completely legal, safe, and regulated at Spreadex by the FCA (Financial Conduct Authority).
Spreadex doesn't stop with the welcome bonus – there are a range of promotions that give you access to different betting opportunities and let you enhance your wagers.
There’s currently no VIP program at Spreadex.
Football and horse racing are Spreadex’s favourites, so these provide the largest number of betting markets, for both spread and fixed odds wagers.
Fixed odds sports markets include golf, cricket, esports, snooker, tennis, and popular US sports from basketball to American football. There are also a few fixed odds novelty betting markets for players to stake on, including politics.
Spread bets at Spreadex can cover lots of different markets too. While my Spreadex Ireland review found that horse racing and football are the most popular, you can access an impressive range of choices for cricket, rugby, tennis and several others too.
For sports betting, Spreadex offers both fixed odds and spread betting. The fixed odd events compare favourably to other online sportsbooks, and the cash out feature for fixed odd bets means you can end your bet earlier if it looks like the action isn’t going your way.
My Spreadex review found that in play betting is very possible, meaning that you can keep right up to date with the action. If you’re waiting on the outcome of a spread bet this is even more vital because your wager really doesn’t end until the final whistle. Live streaming of selected events helps you stay in the loop too, and monitor how your bet is progressing.
Spreadex aim to make themselves as inclusive as possible for all players by having minimum bet limits starting at just pennies. Total goals spread bets in football, for example, start at a minimum of €0.15. These limits differ but can be easily viewed when you click on a selected market.
At any given point, my Spreadex review discovered that there are 150+ sports markets to choose from on the site, offering both spread bets and fixed odds bets. That’s more than enough to satisfy most punters, whatever your favourite sport. Limits and odds are strong too, and the spread bet feature is a very exciting option that adds another dimension to the classic sportsbook model.
Whether you’re looking for Irish or international horse racing, flats or jumps, Spreadex has got you covered. From the UK, you’ll find markets from the biggest events, including Newmarket, Ascot, and Newcastle, while there are international events from Japan (Kawasaki), Brazil (Gavea), the USA (Tampa Bay, Laurel Park and more), France, Australia, and Chile.
As I’ve mentioned above, odds are a bit different at Spreadex depending on the type of wager you fancy. You can opt for a traditional, fixed odd wager on your chosen steed, and you’ll find very competitive odds if you do so, but you can also choose a spread bet on favourites, winning distances, or the jockey’s performance.
As with sports betting, Spreadex have low minimum limits for gambling on horse racing. It’s difficult to calculate the maximum you can win with spread betting, as horse racing markets can be very volatile. For fixed odds races, the most you can win is €500, 00 on a single race.
Spreadex has a seriously impressive horse racing provision. Events come from the most prestigious events and meets, and there is a very varied selection of markets to suit all bettors. The possibility of both fixed odds and spread betting adds another layer to the experience, and throws open the stables to even more staking opportunities. Just make sure to work out your possible losses, and utilise Spreadex’s handy guides if it’s your first time making a spread bet.
Yes, Spreadex offers spread betting as their speciality but you can make standard fixed odds bets on hundreds of markets too – from football and golf, to horse racing and tennis.
Nope, there’s no promo code needed to get your hands on the Spreadex welcome bonus: €40 in free bets when you make a wager of €10. As soon as you make a qualifying bet, and it’s complete, your free bets will be added to your account.
Spreadex holds a licence from the UK Gambling Commission and meets all EU laws around gambling to be able to offer its services to Irish punters. It also has lots of security measures in place to keep punter’s details private and safe.
Spreadex is a true one off among sports betting sites. Spread betting is an exciting alternative to traditional fixed odds betting, as long as you remember that you can lose more than your stake. There are plenty of detailed guides on the site for players new to spread betting to help you find out more which I’d highly recommend having a look at.
Even without spread betting, Spreadex would be an impressive site, with customer service, betting markets, and promotions to equal the best sportsbooks in the world. Their payment methods are restrictive, and there is no loyalty programme, but these aren’t enough to stop me from recommending you this one of a kind platform.