Spreadex Sign-Up Offer: 2 x £5 Spread Bets Plus £300 Cashback

Spreadex was founded in 1999 and supplies an alternative product on the sportsbook online market. Although they offer a fixed-odds betting service, they also provide financial and sports spread betting. 

We look more into spread betting, the service Spreadex delivers, and their new customer offers and best features.

Spreadex Sign Up Offer Explained

The Spreadex welcome offer sees you receive 2 x £5 spread bets to use on football, plus a cashback offer worth up to £300.

Here are the key terms and conditions for the two parts of the Spreadex welcome offer:

Free Spread Bets

• Place a fixed odds bet of at least £10 at minimum odds of 1/2.
• Once the bet is settled this will trigger your fixed odds account opening offer.
• On receipt of your first free fixed odds bet you will also receive your first free £5 Total Goals spread bet.
• On receipt of you second free fixed odds bet (awarded 24 hours later) you will also receive your second free £5 Total Goals spread bet.
• You need to ensure your account is configured for spread betting to be able to use the 2 x free £5 Total Goals spread bets. 

Cashback

• Stake £300 or more on qualifying sports spread betting markets within the first 28 days, and you will receive £300 cash on your account or an iPad (10.2-inch WIFI 32GB).
• If you stake a lower amount, you will get cashback matching that level.
• Qualifying sports spread bet markets only

How To Sign-Up To Spreadex & Claim Your Bonus

You can follow the steps below if you’re a new customer looking to join Spreadex and claim this sign-up offer. It’s easy to open an account, and you should be up and running in no time. 

• Visit Spreadex

Click on any Spreadex link on this page to head to their website. Then click the red ‘Create an Account’ button in the top right-hand corner.

• Account Details

You need to enter your account details, starting with your name and surname, email, create a username and password and choose your country of residence and nationality. Finally, confirm that you are 18 years of age or over before continuing. 

• Personal Details

In this step 2 of 2 Spreadex sign up process, fill in your date of birth, phone number, current address and set up a security question. That’s all.

• Deposit

For the first stage of the Spreadex welcome offer, you must deposit and place a £10 fixed odds bet at minimum odds of 1/2. Click on the ‘My Account’ button, select the deposit option, and add a payment method.

• Place a £10 Bet

Place a £10 fixed odds bet at minimum odds of 1/2 (1.50), and once it’s been settled, you will receive 2 x £5 Football Total Goals Spread Bets to use.

• Use your Free Bets

You can use your £5 free bet to BUY or SELL the Total Goals Spread on any football match – any profit from the bet is yours to withdraw, while Spreadex will cover any losses incurred.

• Cashback

As a bonus, if you stake £300 or more on qualifying sports spread betting markets within the first 28 days, you will be given either £300 cashback on your account or an iPad (10.2-inch WIFI 32GB).

Spreadex Bonus Code: Do You Require A Bonus/Promo Code To Claim The Sign-Up Offer?

The good news is you don’t need a bonus code to claim this offer from Spreadex – the bonus is added automatically.

All About Spreadex & How The Bookmaker Differs From Other Bookmakers

Spreadex does offer traditional fixed odds betting markets similar to other betting sites you may be familiar with. However, this section will focus on how their spread betting site differs from other traditional forms of betting. 

The Spread predicts an outcome that will happen in a specific market and is expressed in the range of BUY and SELL. 

If you believe the outcome would be higher than the range offered by Spreadex, you would BUY, if you think it will be lower, then you would be looking to SELL. 

Spread betting stakes mean this is the amount you are willing to lose per point. This is shown clearly in the Total Goals Spread where a £10 stake would see you win or lose £10 per goal depending on if you were buying or selling on the total goals market. 

Spread betting offers numerous markets on various sports and can increase your profits if you are consistently more correct in the bets you place. 

Spreadex Key Features: Why Should You Sign-Up?

As you know by now, Spreadex is not a typical sportsbook, and their spread betting facility is the main reason you should sign-up for this online betting site. 

Spread Betting

Spread betting is a popular form of betting, and Spreadex are one of the biggest names in the spread betting scene. Their website is ideal if you’re new to spread betting, offering excellent trading tools to minimise your losses, plus in-depth guides to help you learn all there is to no know about spread betting.

But you must understand how spread betting works before fully immersing yourself. Losses can exceed original stakes and is something to be wary of.

Spreadex Regular Promotions

The Spreadex fixed odds section offers regular promotions for existing customers once they have worked through the welcome bonus. 

They offer spread-free bets and a horse racing insurance offer if your selection loses to a horse priced at 33/1 or bigger.

Is There A Spreadex App?

The Spreadex app offers all the spread and fixed odds betting available on the Spreadex desktop site. It is easy to navigate and has a clear layout which is great for finding the markets you want – it’s free to download to any iOS or Android device.

Spreadex Payment Methods:

As Spreadex provide spread betting, their payment options are slightly limited compared to some other traditional online sports betting sites. Cheques and debit cards are accepted, but other popular methods, such as PayPal, are not accepted currently.

Is Spreadex A Trustworthy Brand?

Spreadex offers a unique sportsbook market service and are well known in the industry, having been formed in 1999. They are an exceptionally reputable company that offers spread betting and fixed odds betting to UK players and are regulated by the UK Gambling Commission and the FCA.