Spreadex Casino Bonus & Review
Quick Facts
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Things We Like
Things We Didn't Like
Website | www.spreadex.dk/ |
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Games | 10 |
Licence | United Kingdom (UKGC) |
Languages |
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Launched | Upcoming |
Bonus |
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Games |
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Contact | [email protected] |
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Live Chat | No |
Support |
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Withdrawal Time | 48 hours |
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Min. Deposit | € 10 |
Min. Withdrawal | € 10 |
Currencies |
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Deposit Limits | Yes |
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Spreadex Casino Compared to Other Casinos
About the Fantastic Spreadex Bonus
Spreadex offers a decent welcome bonus to new customers. Place a €25 fixed odds bet at a minimum of 1/2, and you receive €50 in bonuses, consisting of 5 x €5 fixed odds bets, 4 x €5 spread bets, plus 50 free spins on Starburst. There's a slightly different offer for spread betting. If you place a €10 bet at minimum 1/2 odds, you get 2 x free €5 Total Goals spread bets. You can also get cashback of up to €300 on certain spread bets or claim a free iPad instead. I chose the iPad, which is perfect for horse racing betting!
Some conditions do apply. The spread betting bonus only applies to certain sports, but this does at least include the old staples of football betting, horse racing betting, greyhound racing, cricket and golf betting.
Spreadex Bonus Code
Most companies these days don't feature a bonus code. Instead, they're like Spreadex - they offer you a straight bonus when you register. There's a nice little bonus on offer if you can persuade a friend to sign up - under the Spreadex "Refer and Earn" scheme, you can earn a €100 Total Goals spread bet if they sign up for spread betting or up to €10 cash for each fixed odds referral, up to a maximum of €50. That's well worth doing if you have mates into horse racing or other sports!
VIP Programme
Spreadex doesn't have a VIP programme for its loyal customers. However, it does offer all punters a range of worthwhile promotions, such as first score insurance for football betting and "2nd to a rag" insurance for horse racing. After placing three spreads, you can also earn spread-free bets across most sports, including cricket, greyhound racing, and golf betting. This 4th bet isn't free but lets you bet inside the spread.
What Games Can I Play at Spreadex?
Spreadex offers excellent coverage for fixed odds betting. Naturally, horse racing and football betting take centre stage, but Spreadex is great for cricket, greyhound racing and golf betting. Over 20 sports are covered, including esports and virtual sports. You can also wager on political elections.
So much for the fixed odds - as the name suggests, Spreadex is the market leader in sports spread betting, especially for horse racing. If you ever get bored of standard horse racing wagers, spread betting is a really entertaining - and potentially very lucrative - alternative.
Live Casino
As if fixed odds and spread betting weren't enough, Spreadex offers plenty of highly entertaining Irish casino games. Spreadex has some of the best live casinos and best casino slots. And because it's Spreadex, you can be sure you're playing with safe online casinos.
Sportsbook
Although it originally started as a sporting spread betting website, Spreadex now offers traditional fixed odds betting. The choice for both forms of betting is exceptional, with literally thousands of markets, including live and in-game choices. You have accumulator or multiple bet options for horse racing betting, plus each-way betting. And for me, the Spreadex Cash Out is among the best, featuring One-click Cash Out, Partial Cash Out, and Auto Cash Out.
Spreadex on Mobile
Spreadex has a dedicated app for both iPhone and Android. I like the app's ease of use, nice layout, and quick navigation. I prefer the app over the website for horse racing and football betting. And for other games like greyhound racing, cricket, and golf betting, the app's format delivers a seamless and enjoyable experience.
Payment Methods
You can add money to your Spreadex account by Visa or MasterCard, direct debit, cheque, or bank transfer. That's it - Spreadex doesn't accept any other payment methods. On the plus side, there's no minimum deposit amount, and you can use your credit card to deposit for spread betting.
Spreadex Withdrawal Time
Withdrawals can be paid to your registered card, via bank transfer, or by cheque. The process typically takes between 2 and 5 days. You can request a withdrawal by phone or email or by following the on-screen instructions from your account. Spreadex also offers a fast withdrawal service where the funds will hit your account within 2 hours.
Note that there are some terms and conditions around withdrawal amounts and that the fast withdrawals service is unavailable with all cards.
Customer Service
You can contact Spreadex: via phone, live chat, and email. Customer service hours are 8:00 am to 5.30 pm, Monday to Sunday. The FAQs section is helpful but lacks a search feature, making it hard to find what you're looking for. But on the phone, I've always found Spreadex staff to be friendly and well-informed, plus they've always quickly resolved any issues I've had.
Spreadex Licence
Spreadex is regulated by the UK Financial Conduct Authority (FCA) for spread betting. For traditional horse racing betting, football betting, golf betting, cricket, greyhound racing, other sports, and casino games, Spreadex is licensed and regulated by the UK Gambling Commission.
Problems With Spreadex
Spreadex offers a first-rate gambling experience, especially for horse racing and football betting. There are a few areas where I think the company could do better. The most obvious issue is the lack of eWallet options like PayPal, Neteller, or ApplePay. More live streaming would be welcome. I also find it infuriating that there's no search option on the FAQs page, plus I'd like to see 24 x 7 customer service hours. Finally, always remember that with Spreadex and spread betting, you can lose more than the value of your original bet.
Also, this is not so much a problem as a tip about spread betting: It's important to remember that there is a big difference between fixed odds and spread betting. With fixed odds, you can lose no more than your stake. With spread betting, however, you could lose a lot more than your original stake - although the attraction is that you also have the potential to win a lot more. So always ensure you fully understand how spread betting works before trying it.
Spreadex FAQs
Read on for the answers to FAQs about Spreadex.
Registration with Spreadex is simple and logical. You’re guided through a 4 stage process, which asks for the usual address and contact information. Spreadex also prompts you for details of your employment and income, and you have to click various boxes to confirm you understand what you’re signing up for. Once you’ve created your account, you’re asked to upload ID and address details, as per the usual KYC (know your customer) verification process. You’ll also need to add card details to make a deposit.
Withdrawal times with Spreadex are as fast as two hours on certain cards and between 2 and 5 working days for other methods.
When you’re checking if a company is legit, the two most important questions are how long has it been around, and is it regulated? Spreadex was founded in 1999 and has featured three times in the Sunday Times listing of 100 fastest-growing companies in the UK. It’s also licensed by the UK FCA and Gambling Commission. So fully legit? Definitely!
Fact-checked by Julia Attard
Senior Author & Online Casino Expert