Spreadex Sport Review & Rating 2024

The margin for Spreadex Sport has been calculated by taking the odds available on a range of markets and leagues from around the world. The average of these odds when combined leads us to lableing the odds at each site: 

From 1% to 5%: Good value

Over 5% to 7%: Average value

Over 7% to 10%: Poor value

Football

We got our results by taking into account the odds for final result outcomes measured in line with the over / under for different football leagues. Getting the average results using this method, we were able to obtain the margins for each league and the overall betting margin for the bookmaker. The latest results for Spreadex Sport are:

UK Leagues (Premier League & Championship)

6.54%

European Leagues (La Liga, Serie A, Bundesliga)

6.92%

Rest of the World (Turkish Süper Lig, Australian A League, United States MLS)

xxx 

Spreadex Sport has an overall average margin of xxx % for football and falls in the normal category. The data and specifics of how these odds were complied can be viewed at the link below:

Bookmakers margin

Betting Markets

Spreadex Sports has an exceptional betting market that offers punters many sports to bet on. It covers 24 sports, including virtual sports. The sports categories listed on their platform include American Football, Australian Rules, Baseball, Basketball, Boxing, Cricket, Cycling, Darts, Esports, Football, Golf, Greyhound Racing, Handball, Horse Racing, Ice Hockey, Motor Racing, Politics, Rugby League, Rugby Union, Table Tennis, Tennis, UFC, Virtual Sports, and Volleyball.

Live Betting

Live betting is another intriguing part of Spreadex Sports which gives you the option of placing bets on In-Play games such as Football, Rugby League, Cricket, Tennis, Horse Racing and so on. But it’s important to note that the odds and spread change quickly. Additionally, some bet types will no longer be available with live betting.

Live Streaming

Spreadex Sports features a streaming option that allows bettors to watch their favourites even as they unfold. This live streaming option comes in handy for staying up-to-date with the live matches you want to place a bet on. But note that the live streaming option at Spreadex Sports is only available on select sports and matches.

Spreadex Sports features a user-friendly mobile app available for iOS and Android devices. The app is free to download on Google Play and the App Store. The Spreadex Sports mobile app uses an encryption technology that keeps user data secure. Also, the app allows users to receive notifications for updates on their bets.

It’s easy to create an account with Spreadex Sports. At Spreadex Sports, you can create an account for sports betting or financial trading. It only takes four simple steps to open an account at Spreadex Sports, which starts by clicking “Join” on the homepage. 

1. The first page asks for basic information, such as your first and last names. You will also need to provide a valid Email address that you have access to, as you will receive a verification email later on. You also need to create a unique alphanumeric username without using any special characters. Remember to tick the box confirming you have read the terms and conditions and are over 18. Click on “Continue” to proceed to the next page.

2. On the second page, you must provide personal information, like your date of birth and phone number, as part of the verification process. Also, provide your current address on this page, such as your house number and postcode. When you finish that, you must answer a security question to protect your account. The answer you provide is case-sensitive, so make sure you don’t forget it. Afterwards, click on the “Join Spreadex” button to go to the next page.

3. On the next page, Spreadex Sports will notify you that you are provisionally accepted onto the platform. However, note that your account is only fully activated once you click on the “Activate Spread Betting” button below.

4. As a final step, provide the operator with some more personal information, such as whether you are a homeowner and your employment status. Also, provide your net annual income, including bonuses, as well as your total level of savings, excluding your pension. Check the box to indicate that you understand that spread betting involves risk and that you could lose more than your deposit, confirm how much experience you have, and click on “Activate Sports Spread Betting.”

The process for depositing funds at Spreadex Sports has been made easy for users. The first thing is to log into your account. As a new customer, your account will not be complete until you verify your identity by submitting a copy of your passport and a current utility bill. 

1. Click on “My Account” or “Deposit Funds” in the top right corner of your screen. On the next page, select the payment methods you want to use to fund your account. Spreadex Sports accepts many deposit options such as cards like Visa and Mastercard, bank transfers, and cheques. Spreadex Sports does not accept deposits from E-Wallets such as PayPal, Neteller, Moneybookers, or Ukash.

2. The deposit method you choose depends on your preferences. Most people make use of cards to make a deposit. If you select the card option, enter your card details on the next page, including your card number, CVV, and expiration date. Deposits made using cards are processed immediately. 

3. Funding your account via a cheque or direct bank transfer takes much longer. It can take up to two working days for a payment made through these channels to be processed. Note that Spreadex Sports does not accept payments processed through a third-party account. When a payment is successful, you can go ahead to start placing bets.

Placing a bet at Spreadex Sports is the fun part of using this platform. The highly competitive odds are even more intriguing. Moreover, with several sports available, betting at Spreadex Sports is always entertaining.

1. Navigate from the homepage of this sportsbook to sports and select the event you want to wager on. You can quickly find a sport you’d like to wager your money on by selecting one from the sports menu at the top of the screen. You can choose from the popular sports or use the “All Sports” button and select a specific sport you want to wager.

2. From selecting your preferred sports, navigate to the league. Choose whether you want to wager on In-Play matches or others. Depending on the sports you choose, the option available to you to choose from will vary. In our case, we selected football. 

3. On the next window, select a match from the list of options available to place a wager on. When you tap on the title of a match, you can then access the types of bets you can make on that particular match. Note that the bet types may vary slightly from match to match, but Spreadex Sports tries to keep it as consistent as possible.

4. You can choose multiple types of bets to create a cumulative bet. After you are satisfied with the selection of bets, you can then proceed to place one. Decide how much you want to wager. This should not be lower than the minimum amount you can wager at a time. Click “Next” after setting the amount you want to wager, and the bet will be made; you just have to wait to see the result.

Just as making a deposit and placing a bet is easy at Spreadex Sports, it is also easy to withdraw your funds. Note that the minimum withdrawal you can make from Spreadex Sports is £50. So, if the available amount in your account exceeds the limit, you can withdraw. Also, Spreadex Sports will charge you £1 on every £50 withdrawal from your account.

1. Log into your account and click on “My Account” at the top right corner of your screen. Next, click on “Withdraw Funds” and follow the on-screen instruction. Alternatively, you can place a call to the Spreadex Sports back office team or send an email to customer support to process funds through other means.

2. Select the amount you want to withdraw and choose a payment method. Note that £25,000 is the max you can withdraw to a card. Mind you that £2,500 is the max you can withdraw to a Mastercard in one go, although you can withdraw multiple times in a day.

3. Note that Spreadex Sports now features a withdrawal time variation, but with the automatic option, you can receive your funds within 2 hours of your withdrawal request being approved. But not all card issuers support this option. In such cases, it will take the more traditional 2 to 5 days to receive your withdrawal. Similarly, a withdrawal via Bank Transfer takes two working days.

Spreadex Sports is a platform licensed by the UK Gambling Commission with licence number 8835. When writing this review, we also found that the Financial Conduct Authority has authorised and regulated the platform. Spreadex Sports supports responsible gambling; if you feel you’re developing problem gambling, you can always request self-exclusion or limits on your account. Unfortunately, in lieu of a compliance failure by Spreadex Sports in May 2021, it faces a financial penalty. In a regulatory review, the Gambling Commission found failings in Spreadex Sports’ procedures for protecting vulnerable people and preventing money laundering.

Email: info@spreadex.com

Phone: 01727 895 000 (General Enquiries), 08000 526 575 / +44 (0) 1727 895 090 (Sports Desk)

Live Chat: 07:30 – 22:00 (Monday – Saturday), 08:30 – 22:00 (Sundays)In-Play

Twitter: twitter.com/SpreadexSports

Getting in touch with customer support at Spreadex Sports is very easy. Live chat is the best way to contact them, but it is not available 24/7. But during their working hours, the waiting time is relatively short. It took about five minutes to get across to an agent, and it was a real person immediately. Contacting them via email takes longer, and their phone number isn’t toll-free.

While the Spreadex Sports betting section is most popular amongst bettors, it also features a casino section. Click the “Casino” tab on the Spreadex Sports homepage to access its casino. You can expect numerous games in the casino section, such as Slots, Roulette, Blackjack, and Megaways.

Spreadex features 140+ different variants of slot games, up to 14 different variants of Blackjack, and up to 13 different variants of Roulette. The casino games at Spreadex are from reputable software providers, so you can expect them to have the best graphics and audio quality and a storyline.

Live Casino

Spreadex also has a live casino section allowing you to play live casino games such as Roulette, Blackjack, and Casino Hold’'Em. These games are streamed live from a professional studio set up like a real casino. This section of the casino is interactive as it allows players to chat with each other at the table through a chat feature like they were in a real brick-and-mortar casino, even though they are playing from the comfort of their homes. At the live casino, players can play against professional dealers or with other players. 

Founded in: 1999

Owners: Spreadex Sports Ltd

Sponsors: St Albans City football team, PDC darts tournament, Grand Slam of Darts, Spreadex Sports Spring Cup at Lingfield 

Registered Office: 26-30 Upper Marlborough Road, ST. ALBANS, AL1 3UU, United Kingdom.

Licence number: 8835

Email: info@spreadex.com

Phone: 01727 895 000