Spreadex

Spreadex

Spreadex Sign Up Offer: Place a £10 bet and get £60 in free bets.

Claim Offer With Spreadex

Place a £10 fixed odds single or £10 each-way bet at minimum odds of 1/2 and, once your qualifying bet has been settled, get 3 x £10 free fixed odds bets. Open a sports spread betting account and also receive 3 x £5 Total Goals football spread bets, 3 x £5 Winning Favourites spread bets and a £1 racing Race Index spread bet. Eligibility criteria apply. 18+ GambleAware.org. Spread betting losses can exceed deposit. AD

With the Spreadex sign up offer, you’ll get £60 in free bets when you bet £10 on a fixed odds betting market with minimum odds of ½ (1.50). Below, you’ll find out how the free bets are broken down with Spreadex. 

  • 3 x £10 free fixed odds bets. 

  • 3 x £5 Total Goals football spread bets

  • 3 x £5 Winning Favourites spread bets

How to Claim the Spreadex Sign Up Offer

The sign up process is straightforward with Spreadex, which is ideal for new customers who might not be familiar with their site or mobile app. 

Below, we’ve provided a step-by-step breakdown of how to claim the Spreadex sign up offer, which is one of the best around. 

  1. Click on the 'Claim Offer' button at the top of this page to be directed to Spreadex’s site. 

  2. Click the ‘Join Here’ button, which is coloured red. 

  3. Fill out the registration form with your details, which include your name, Date of Birth, address, and contact details. 

  4. Choose your username and password, which you’ll use to sign into your Spreadex account.

  5. Deposit at least £10 into your Spreadex account with a valid payment method that is eligible for the Spreadex sign up offer.

  6. Place a bet with a minimum stake of £10 on a betting market with minimum odds of 1/2 (1.50). 

  7. Once the qualifying bet has settled, you’ll be credited with £30 in free bets to use on Spreadex, plus up to another £30 if you open a sports spread betting account.

Spreadex Sign-up Offer £60 Breakdown

Free bet

Quantity & value

Account you need

When you get it

Fixed odds free bets (any fixed odds market)

3 × £10 (£30)

Fixed odds account. Everyone who qualifies gets these

One when your qualifying bet settles, then one every 24 hours

Total Goals spread bets (football)

3 × £5 (£15)

Full spread betting account

One when your qualifying bet settles, then one every 24 hours

Winning Favourites spread bets (horse racing)

3 × £5 (£15)

Full spread betting account

One when your qualifying bet settles, then one every 24 hours

Race Index spread bet (horse racing)

1 × £1 (an extra on top of the £60)

Full spread betting account

With your first free bets

With a fixed odds account only, you get £30 in free bets. Open a full spread betting account as well and you get the full £60, plus the £1 Race Index bet. Free bets expire 28 days after they’re awarded.

Fixed Odds Account: £30 in Free Bets

Everyone who places the £10 qualifying bet gets this part: three £10 free bets to use on any fixed odds market, the same kind of bet you’d place with any bookmaker. The first lands when your qualifying bet settles, win or lose, and the other two follow 24 hours apart.

Spread Betting Account: Up To £30 More

Think of the £60 like a two-legged tie. You win the first leg (£30) just by placing your £10 bet. The second leg only happens if you also open a full spread betting account within 28 days of opening your fixed odds account.

That’s a separate application. Spreadex checks your identity and age, and assesses whether spread betting is right for you, before deciding whether to approve it. If you don’t open one, or you’re not approved, you keep the £30 in fixed odds free bets but don’t get the spread bets.

If you are approved, your first £5 Total Goals bet, £5 Winning Favourites bet and the £1 Race Index bet land when your qualifying bet settles. Another £5 Total Goals and £5 Winning Favourites bet follow every 24 hours after that.

Spread betting isn’t like a normal bet. Instead of a fixed stake, you bet an amount per goal or per point, so the more right you are, the more you win, and the more wrong you are, the more you lose. Spread betting losses can exceed your deposit.

Spreadex Qualifying Bet Rules

There are some important rules that you’ll need to follow within the Spreadex qualifying bet if you’re looking for a smooth process when it comes to getting the £60 in free bets on offer from this operator. 

  • You’ll need to bet at least £10 on a betting market with minimum odds of ½ (1.50).

  • It must be a £10 single or each-way bet. The terms say “single”, so accas don’t count.

  • Place it within 28 days of opening your account.

  • You can place it before or during the match, but you can’t cash it out early.

It’s also worth remembering that if you place a qualifying bet on an each-way betting market, only the win part of that counts towards the £10 qualifying bet. 

Eligible Spreadex Qualifying Bet

Ineligible Spreadex Qualifying Bet

Chelsea to Win v AFC Bournemouth @ 7/10

Manchester City to Win v Ipswich Town @ 1/5

As shown in the table above, the qualifying bet on Chelsea to beat AFC Bournemouth would unlock the free bets from Spreadex, as it’s above the ½ (1.50) odds required. Whereas the Manchester City example wouldn’t qualify for the free bets, as it’s lower than the minimum odds requirement. 

Another two examples of an Ineligible Spreadex Qualifying Bet are:

  • A treble at 2/1

  • Chelsea @ 7/10 cashed out at half-time

How to Use Your Spreadex Free Bets on Football 

With the Spreadex free bets being spread out separately, you might be wondering how you can get the most out of them. Fear not, as we’ll guide you through some examples of how you could use your Spreadex free bets on football. 

Fixed Odds Free Bets

There are plenty of different areas you can take for your fixed odds free bets on Spreadex, and these offer the most flexibility out of the free bets on offer. 

You can choose any betting market from any sporting event that features on Spreadex, and place a single bet if you wish to do so. 

Depending on the odds, you can also use the free bets on an accumulator or Bet Builder if you wish to do so. 

Free bet stakes aren’t returned, so a £10 free bet at evens pays £10, not £20. You can use them in-play, but you can’t cash them out. For betting tips, head over to our dedicated page, as here at Andy’s Bet Club, we’ve got you covered all things tipping. 

Total Goals Spread Bets Explained

A Total Goals spread will be quoted by Spreadex for how many goals they expect in a match. You either "buy" (bet on more goals) at the higher number or "sell" (bet on fewer) at the lower number, staking a certain amount per goal. Your result is the difference between the final goal count and your price, multiplied by your stake.

Total Goals Spread Bet Example

For the example in the table below, we’ve provided an example from a Nations League match between Croatia and England. We’ll say that Spreadex quotes the Total Goals at 2.6 – 2.8, and you stake £5 per goal.

Total Goals

Buy at 2.8

Sell at 2.6

0

(0 − 2.8) × £5 = −£14

(2.6 − 0) × £5 = +£13

1

-£9

+£8

2

-£4

+£3

3

+£1

-£2

4

+£6

-£7

5

+£11

-£12

6

+£16

-£17

So if you buy at 2.8 and the match ends 3-1 (four goals), you win (4 − 2.8) × £5 = £6. If it ends 1-0, you lose (2.8 − 1) × £5 = £9.

Winning Favourites 

Winning favourites is another popular type of betting market that you can place bets on with Spreadex, and you’ll be able to use your free bets as part of their sign up offer on this market. 

Andy’s Bet Club also provide daily horse racing tips from our team of experts, so if you’re looking for additional insight on the sport, then check out our betting tips.  

Spreadex vs Other Sign Up Offers

Spreadex are offering more than the majority of the best bookies in the betting industry with their sign up offer. They’re offering double that of the bet365 sign up offer, although it’s worth remembering that the free bets are broken down more in the Spreadex sign up offer compared to that of bet365. 

In the table below, you’ll find out how the Spreadex sign up offer compares to some of the best sign up offers in the business. 

Bookmaker Offer

Free Bet Amount

Qualifying Stake

Minimum Odds

Reward-use Restrictions

Free Bet Expiry

Payment Exclusions

Spreadex: Bet £10, Get £60 in Free Bets

£60

£10

1/2 (1.50)

3x £10 fixed odds bet, 3x £5 Total Goals football spread bets & 3x £5 Winning Favourites spread bets

28 days

Skrill, Neteller, PayPal, Paysafecard not eligible.

Midnite: Bet £10, Get £30

£30

£10

1/1 (2.0)

1 x £10 Single Free Bet voucher, 3 x £5 Pre-match Bet Builder Free Bet voucher & 1 x £5 Pre-match Accumulator Free Bet voucher

14 days

No exclusions

Bet365 - Bet £10, Get £30

£30

£10

1/5 (1.20)

No restrictions

7 days

PayPal, Apple Pay, Google Pay, Paysafecard not eligible.

Betfair - Bet £10, Get £30

£30

£10

1/1 (2.0)

5x Bet Builder or Acca bets

30 days

Skrill, Neteller, PayPal, Paysafecard not eligible.

Paddy Power - Bet £5, Get £30 

£30

£5

1/1 (2.0)

No restrictions

30 days

Skrill, Neteller, PayPal, Paysafecard not eligible.

Betfred - Bet £10, Get £50

£50

£10

1/1 (2.0)

£30 in Sports Bets & £20 in Bet Builders

7 days

Debit card only (directly, or via Apple Pay or Truelayer).

Is Spreadex Safe? Licensing and Withdrawals 

You’ll always want to know that your money is safe with any betting site, and Spreadex is no different. They’re licensed and regulated by the FCA (Financial Conduct Authority), and so you can rest assured that your funds are safe whilst betting with them. 

When it comes to payouts, bets are paid out shortly after the conclusion of the event you’ve placed a bet on. For withdrawals, Spreadex has a fast processing time, which is better than plenty of other betting sites in the industry. 

Below, you’ll find out what the Spreadex withdrawal times are for each option available with them. 

Withdrawal Method

Withdrawal Time

Pay By Bank

Instant

Visa Debit Card

Within 2 hours

Apple Pay & Google Pay

Instant

Bank Transfer

Up to 24 hours

Cheque

Subject to postal time

Spreadex Sign Up Offer FAQs

Do you need a Spreadex promo code? 

No, you won’t need a Spreadex promo code to obtain the free bets from this well-respected operator. 

What counts as a qualifying bet? 

You’ll need to place a £10 single or each-way bet at odds of 1/2 or more, and provided it’s not cashed out early, and placed within 28 days of opening the account, it counts towards a qualifying bet on Spreadex.

Do I get the full £60? 

Provided that you open a full spread betting account and meet the qualifying criteria attached to the Spreadex sign up offer, you’ll be credited with the £60 in free bets. 

When do the free bets arrive, and when do they expire? 

The free bets are credited after the qualifying bets have settled, and you’ll have up to 28 days to use the free bets before they expire. 

How do I use my free bets?

You can use your free bets on a fixed odds bet, Total Goals football spread bet, and a Winning Favourites spread bet.

How long does Spreadex take to pay out? 

Spreadex pay out on winning bets as soon as the event reaches a conclusion. Withdrawals are then processed within a day for the majority of their withdrawal options. 

Is Spreadex a good broker? 

Spreadex is a reputable, and well-respected broker, which is regulated by the Financial Conduct Authority. 

Who else gives free bets for signing up? 

The likes of Sky Bet, Paddy Power, bet365, Betfair, Betfred, and BOYLE Sports are some of UK bookmakers that are also offering a strong amount in free bets for new customers.

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