Spreadex review
Updated September 28, 2026 · WagerCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Spreadex suits adult bettors who want a long-running British bookmaker with fast payouts and a free bet welcome offer. Its minimum deposit is £5, card withdrawals take 2 hours (card), and Gambling Commission and Financial Conduct Authority licences cover the operation in Great Britain.
Key facts
- Best for
- A low-entry British bookmaker for adults who want fast card withdrawals alongside a free bet offer.
- Welcome offer
- Bet £10, get £60 in free bets (fixed odds + spread)↗
- Regulators
- Gambling Commission (Great Britain), Financial Conduct Authority, UK Gambling Commission↗
- Minimum deposit
- £5↗
- Withdrawal time
- 2 hours (card)↗
- Payment methods
- Debit card (Visa, Mastercard, Maestro), Pay by Bank, Bank transfer, Apple Pay, Google Pay, Direct debit, Cheque↗
- Sports markets
- Football, Horse racing, Cricket, Tennis, Golf, Basketball, Handball, F1↗
- Live streaming
- Yes↗
- Cash out
- Yes↗
- ID checks
- Required↗
- Responsible gambling tools
- Deposit-limits, Cool-off, Self-exclusion↗
- Maximum bonus
- £60↗
- Withdrawal time (hours)
- 2 hours↗
- Sportsbook type
- Bookmaker↗
- Bonus types
- Free-bet↗
- Legal entity
- Spreadex Limited↗
- Headquarters
- United Kingdom↗
- Founded
- 1999↗
- Support channels
- Email, Phone, Chat, Help-centre↗
- Features
- Fast payouts, Virtual sports, Mobile app
- Pricing model
- Welcome bonus
- Official website
- spreadex.com
Facts checked September 26, 2026, 6 sources
Apps and profiles
- Get the app
- Google Play
Pros and cons
Pros
- Welcome offer returns £60 in free bets across fixed odds and spread betting
- Card withdrawals are processed in 2 hours (card)
- Live streaming and cash out are both available, with markets covering Football, Horse racing and Cricket
- Responsible gambling tools include deposit limits, cool off and self exclusion
Cons
- Accounts require verification, required, so identity checks come before the first deposit and payout
- Rewards run on a welcome bonus model, welcome bonus, which leaves the offer side of the score at 3.8
- The overall score reads 4.6, with the cost side at 5.6 ahead of the offer
Who it suits
- Adults who bet mainly on football, horse racing and cricket, all within Football, Horse racing and Cricket
- Bettors who want fixed odds and spread betting in one account, as the Bet £10, get £60 in free bets (fixed odds + spread) offer sets out
- Anyone who wants a low entry point of £5 and support on email, phone and chat
Who should look elsewhere
- Totalbet, listed under Minister Finansów RP (Ministry of Finance of Poland), if you bet outside Great Britain and want a local state licence
- Synot tip sk, regulated by Urad pre regulaciu hazardnych hier (URHH), if the Slovak market is where you play
How Spreadex compares
9.3 vs 8.0
9.3 vs 8.5
9.3 vs 8.5- 9.3 vs 8.2
9.3 vs 8.9
9.3 vs 9.2
9.3 vs 9.0
9.3 vs 8.9sportsbet
9.3 vs 8.9
9.3 vs 8.9
9.3 vs 8.9- 9.3 vs 8.8
9.3 vs 8.5
9.3 vs 8.5
9.3 vs 8.5- 9.3 vs 8.1
- 9.3 vs 8.0
- 9.3 vs 8.0
9.3 vs 8.0
9.3 vs 8.0- 9.3 vs 8.0
Where Spreadex is available
- Available
- United Kingdom
- Licence in United Kingdom
- Gambling Commission (Great Britain) (8835), checked September 26, 2026
- Licence in United Kingdom
- Financial Conduct Authority (FRN 190941), checked September 26, 2026
- Licence in United Kingdom
- UK Gambling Commission (008835-R-104580-022), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does the Spreadex welcome offer give me?+
The offer is Bet £10, get £60 in free bets (fixed odds + spread), and the headline value is £60 in free bets. The bonus type is listed as free bet, free bet, and Spreadex runs on a welcome bonus model, welcome bonus. On the site's scoring, the offer side reads 3.8.
Who licenses Spreadex?+
Spreadex is listed with Gambling Commission (Great Britain), Financial Conduct Authority and UK Gambling Commission, and the operator is Spreadex Limited. Its Gambling Commission record is 8835 and its Financial Conduct Authority record is FRN 190941. A further UK Gambling Commission licence is recorded as 008835-R-104580-022.
How long do withdrawals take?+
Card withdrawals are listed at 2 hours (card), with the card payout window at 2. Fast payouts also sit among the listed features, fast payouts, virtual sports and mobile app. Verification is required on the account, required, which comes before the first withdrawal clears.
What is the minimum deposit and which payment methods work?+
The minimum deposit is £5, which ranks 35 of 89 brands here and sits below the site median of €8.77. The listed payment methods are Debit card (Visa, Mastercard, Maestro), Pay by Bank and Bank transfer, with cards covering Visa, Mastercard and Maestro.
Does Spreadex ask for identity checks?+
Yes, verification is required. The policy is listed as required, required, and required checks are the norm on 72.3% of the brands on the site. Settle verification early so a first deposit and payout are not held up.
Which sports does Spreadex cover?+
Markets listed include Football, Horse racing and Cricket, with football and horse racing among them. Virtual sports also sit among the listed features, fast payouts, virtual sports and mobile app, and appear on 25.8% of brands here. The operation is a bookmaker, bookmaker, and not an exchange.
Which responsible gambling tools are available?+
Spreadex lists deposit limits, cool off and self exclusion among its safer gambling tools, so deposit limits, cool off periods and self exclusion all sit in the account. On the site's coverage, self exclusion appears on 92% of brands and deposit limits on 69.8%.
Is there a mobile app, and can I watch games live?+
A mobile app is listed among the features, fast payouts, virtual sports and mobile app, along with fast payouts and virtual sports. Live streaming is available, and cash out is offered across the sportsbook. Mobile apps appear on 67.1% of the brands compared here, and cash out on 97.8%.
How long has Spreadex been running, and who is it for?+
Spreadex was founded in 1999 and is headquartered in the United Kingdom. It suits adults who want an established British bookmaker, a low entry point of £5 and support on email, phone and chat. Accounts need verification, required, which suits players comfortable with that step.
Sources
- gamblingcommission.gov.uk/downloads/business-licence-regi... checked September 26, 2026
Backs: Legal entity, Licences
“Account Number=8835; Licence Account Name=Spreadex Limited”
- gamblingcommission.gov.uk/public-register/business/detail... checked September 26, 2026
Backs: Regulators
- spreadex.com checked September 26, 2026
Backs: Founded, Headquarters, Sports markets
“Formed in 1999 and regulated by the FCA and Gambling Commission”
- spreadex.com/sports/help-support/account-faqs/payment-inf... checked September 26, 2026
Backs: Minimum deposit, Payment methods, Withdrawal time (hours), Withdrawal time
“our minimum deposit is £5”
- spreadex.com/sports/offers/60-in-free-bets checked September 26, 2026
Backs: Maximum bonus, Bonus types, Cash out, ID checks, Live streaming, Pricing model, Sportsbook type, Welcome offer
“get 3 x £10 free fixed odds bets”
- spreadex.com/sports/terms-agreements/safer-gambling checked September 26, 2026
Backs: Features, Responsible gambling tools, Support channels
“take a timeout for a specified period of 1 day up to a maximum of 6 weeks ... Fixed Odds or Virtual Sports services”
Compiled from 7 source pages, checked September 26, 2026. We did not open an account.
Spreadex
A low-entry British bookmaker for adults who want fast card withdrawals alongside a free bet offer.