Introduction to bonus offers - try something new at Spreadex
Spreadex mobile sports betting
Spreadex offers various sports betting markets
At a platform like Spreadex, the option to try the site out becomes even more important as they are the only sportsbook to offer fixed odds and spread sports betting. The current welcome Spreadex bonus offer gives players an introduction to both arms of their provision with €40 in free bets when you place a €10 fixed odds wager.
Your €40 worth of free bets will be divided into two packages which are delivered into your account 24 hours apart. Each collection of free bet is made up of:
- €10 free fixed odds bet,
- €5 free total goals football spread bet,
- €5 free racing winning favourites spread bet
Bet 10€, get 40€
T&Cs apply, 18+
Get Bonus
Horse Betting Welcome Bonus
Bet 10€, get 40€
T&Cs apply, 18+
Get Bonus
How to use the Spreadex bonus - a step by step guide
Claiming the Spreadex welcome bonus is pretty straightforward, even if you’re completely new to
spread betting sites, and the first step is to sign up for a new account.
- Make a new account:
As long as you’re over 18, you can sign up for a new Spreadex account by heading over to the website and hitting ‘Join’. Input some basic details and pick a username and password to create your account.
- Fund your account:
Once you’ve received a Spreadex confirmation email, you can head to the site and make a deposit. Spreadex accept all major credit and debit cards, bank transfers and cheques but doesn't allow deposits using third party systems such as Apple Pay. This does mean they are one of the best
betting sites with cash out
in terms of withdrawal speed though, and your winnings will often be with you in a few hours.
- Make a qualifying bet:
To get this bonus, you’ll need to place a wager of at least €10 on any sporting event, but it must be placed before the event kicks off and have odds of 1/2 or greater.
- Use your free bets:
Once your qualifying bet has been completed, your first batch of free bets will be added to your account. They must be used within 28 days. When the time comes to redeem, all you have to do is make your bet, and hit the ‘Claim as free bet’ toggle at the top of the page.
Top 5 expert tips to take advantage of the offer - become a Spreadex boss in no time
Promotions at sports betting websites can come with some complex terms and conditions. To help you take full advantage of this one, I’ve put together some top tips that will help you get the most from your Spreadex bonus.
Spreadex is a one off among sports betting sites because it offers both fixed odds and spread betting. There’s lots of information on their site about getting started with spread betting on their site but, if you’re new to it, here’s a quick overview.
Understanding spread betting
Rather than knowing exactly how much you’ll win or lose, as you would with fixed odds betting, spread betting allows you to win, or lose, multiples of your stake.
So if, for example, Spreadex predicts that the total number of corners in a footie match will be between 2.8-3.0, you could choose to bet that there will be more (‘Buying’), or less (‘Selling’). In this example, if you were buying at a €10 stake, and there were 5 corners, you’d win 2 x €10 =€20 (as 2 more than the maximum prediction). If there were no corners in the game, you’d lose 3 x €10 =€30.
Time your sign up with your favoured markets
Once you’ve made your qualifying fixed odds wager, your free spread bets must be used on football and horse racing. If there’s a specific event coming up that you fancy having a go at, such as the Euros 2024, then you might want to time your sign up to be able to use your bets on this event.
With the above in mind, it’s a good idea to work out your potential wins and losses. Your free spread bets are €5 each but the nature of spread betting means that wins and losses are a little more complex.
For example, let’s say that Spreadex predict there will be 11 free kicks in a football match and you bet €5 that there will be more. If the final number of free kicks is 16, you’ll win 5 x €5 =€25. However, if there are only 8 corners, you’ll lose 3 x €5 = €15.
All of this means that your losses can exceed your stake so it’s very important to set yourself a loss limit.
The bonus bets you receive from the Spreadex welcome offer come in the form of 2 fixed bets and 4 spread bets. These bets last for 28 days so make sure to use them before they expire.
First timers might find that it takes a little bit more effort to keep track of your spread bets compared to fixed odds. So, what I do, which might be helpful for you too, is to keep a tracker of my wagers. Not all the time, after all this is fun not homework, but when it’s a bit more involved this just helps me to make sure that I know how my bets are progressing and how my bankroll is likely to be affected.
Spreadex welcome offer FAQs
How can I find out more about spread betting?
If you’ve never sampled spread betting before then you may need to do some research to understand how it works, and how you should lay out your free spread bets. Reading my
Spreadex review
is a great place to start, and you can also check out the explanation videos on the site.
Is there a time limit on claiming this bonus?
Yes, your free bets have to be used within 28 days. After this, they’ll disappear from your account into that great beyond where unclaimed free bets go.
Can I make my qualifying bet on any sport?
Yes, your qualifying fixed odds wager can be placed on any of the many markets Spreadex offers.
Do I have to claim the Spreadex bonus?
Not at all. If you’d rather sign up and place a lower value initial wager to see how spread betting works then that’s no problem.
Additional rewards & loyalty programs - more Spreadex bonuses
Once you’ve claimed the Spreadex welcome bonus, there are plenty more rewards to be had. Although there is no loyalty programme for regular players, you will discover weekly and monthly bonuses, including several of the very
best free bet offers:
- Refer a friend:
if a pal signs up using your special code, and places a €20 spread bet, then you’ll receive a free €100 total goal spread bet.
- 1st scorer insurance:
available on lots of different markets, this bonus gives you a money back free bet up to €25 if your pick of player doesn’t score first, but does score last. This is a fixed odds bet and is only available on pre-match wagers.
Spreadex Horse Betting Bonus
The welcome bonus at Spreadex lets you sample spread betting on the sport of kings, with a portion of your free bets being two €5 free racing winning favourites spread bets.
Reality test - how easy is it to claim the
Spreadex welcome offer?
Once you’ve wrapped your head around the finer points of spread betting then claiming this bonus is pretty straightforward. Spreadex have chosen a simple market, winning favourites, to make it easier for newcomers, and there’s a wide choice of possible domestic and international events to choose from.
Withdrawing your bonus funds
Withdrawing your winnings from the Spreadex welcome bonus is hassle free. As mentioned, your stake will be taken off but any winnings you get will be yours to keep.
Pitfalls of the Spreadex welcome bonus – don’t be caught out
As with all sports betting promos, there are a few conditions to be aware of when claiming this bonus. Once you’ve made a qualifying fixed odds bet, which can be placed on horse racing if you like, the second part of your €5 free bet has to be placed on a winning favourites spread bet. As I’ve mentioned, spread betting means that you could lose more than your initial stake.
Verdict on bonus - conclusion on the Spreadex welcome bonus
The Spreadex welcome bonus is a fantastic way to get to grips with the site, especially if you’ve never sampled the delights of spread betting before. It can be a steep learning curve for new players but it’s a fun way to put your knowledge to the test and go against the crowd to bet against the favourite.
Overall conclusion - is the Spreadex bonus worth it?
If you’ve never sampled spread betting before then this bonus is a fantastic place to start, giving you some straightforward free bets to try it out before you have to risk any of your own money – it’s basically a little tasting platter of the full Spreadex buffet.
Read through the terms and conditions and you’ll discover that claiming this bonus is easy, even if making your first spread bets takes a little more consideration than ordinary fixed odds betting.
