Spreadex is fully licensed. Fixed-odds betting runs under a UK Gambling Commission licence (account number 8835). Spread betting is separately regulated by the Financial Conduct Authority, giving it a level of oversight most standard bookmakers don't have.

Spreadex Free Bets August 2026: Get £60 in Free Bets

Q: Can you bet on horse racing at Spreadex?

Horse racing is well covered, with both fixed odds and spread betting markets available. Racing specific perks include First Past The Post, which pays out on the original winner even after a stewards' enquiry. There’s also "2nd to a Rag" insurance for horses beaten by a big-priced shock winner.

Q: What is the Spreadex sign up offer?

New customers can currently claim £60 in free bets by depositing and placing a £10 fixed odds bet at minimum odds of 1/2. Once that bet settles, you'll receive 3 x £10 free fixed odds bets and 6 x £5 free spread bets to use across the site.

Q: What is sports spread betting?

Sports spread betting lets you buy or sell against a predicted range, rather than backing a fixed price. Your winnings scale with how right you are, but losses can scale the same way if the result goes against you. Therefore, it carries more risk than standard fixed odds betting.

By Mark Fordham

Aug 7th, 2026 2:31 PM EDT

Fact Checked By Oliver Lines

Spreadex is unlike almost any other betting sites in the UK and that's exactly why it's worth a closer look. Alongside a proper fixed-odds sportsbook covering football and plenty more as you would expect, it offers sports spread betting from the very same account.

This opens up markets you simply won't find at a standard bookie. It's also been trading since 1999, which puts it among the more established names in an industry where newer sites come and go all the time.

We've spent time putting Spreadex through its paces to see how it holds up, from the current sign-up offer through to the markets, app and everything in between. Find out all you need to know before joining right here.

Spreadex Free Bets

⚽ Spreadex Free Bet Offer	Bet £10, Get £60 in Free Bets
🏇 Spreadex Promo Code	Not Needed
🏆 Spreadex New Customer Offer	CLAIM HERE
🏦 Minimum Deposit	£5
💴 Free Bets	3 x £10 fixed-odds free bets, 6 x £5 spread bets and £1 Race Index bet
🎰 Wagering Requirements	Deposit and place a qualifying £10 bet at odds of at least 1/2
📱 Spreadex Betting App	iOS and Android
📝 Spreadex Free Bet T&Cs	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, 3 x £5 Total Goals football spread bets and 3 x £5 Winning Favourites spread bets and a £1 racing Race Index spread bet. 18+ www.gambleaware.org.

New customers can currently claim £60 in free bets by placing a £10 fixed odds bet at minimum odds of 1/2. Once that qualifying bet has settled, Spreadex credits your account with 3 x £10 free fixed odds bets and 6 x £5 free spread bets, giving you a proper taste of both sides of the platform rather than just the standard fixed odds.

Getting started is straightforward. Click through on any of the Spreadex links on this page, then follow the steps below to get your account set up and your free bets claimed.

Click a Spreadex link on this page to reach the registration form.
Enter your personal details, including your name, date of birth and address.
Deposit at least £10 into your new account.
Place a £10 fixed-odds single or each-way bet at minimum odds of 1/2.
Once your qualifying bet settles, your free bets land automatically in your account.

Spreadex Betting Offer Terms and Conditions

The welcome offer is open to new customers only and you'll need to place your qualifying bet at odds of 1/2 or bigger for it to count. Once that bet settles, we found the free bets credited automatically rather than needing any extra steps on your part. You will have 28 days to use them up before they expire.

One thing worth flagging: free spread bets carry the same risk as a normal spread bet. Because spread betting returns scale with how right or wrong you are, a free spread bet can still lose you money beyond its face value if the result goes against you. It's a different structure to a standard free bet, so it's worth reading the full terms before you use them.

Why Join Spreadex?

Spreadex is a top football betting site, as well as covering horse racing, cricket, tennis, greyhound racing and a fair spread of other sports besides. We found pricing to be competitive throughout our testing. It's previously been named Best Value Bookmaker on the Premier League 1x2 market by Oddschecker and picked up a Rising Star in Football award from the same source too.

What really sets it apart is the spread betting side. Instead of backing a fixed price, you buy or sell against a spread set by Spreadex's own traders, on markets like total goals, corners or cards. Get it right, and your winnings scale with how right you were; get it wrong, and losses can scale the same way. It's very important to understand the mechanics properly before diving in.

The site itself is clean and easy enough to navigate, with a simple toggle between fixed odds and spread prices on the same market rather than treating them as separate sections. There are dedicated betting apps for both iOS and Android too, with Touch ID or Face ID login on supported iPhones. The minimum deposit is lower than most rivals ask for.

Spreadex Existing Promotions

The welcome offer is only the start. Existing customers get access to an Acca Boost worth up to 100% extra on accumulator winnings, as well as a Refer and Earn scheme and a 2-Up market on football that settles your bet as a winner the moment your side goes two goals clear.

Horse racing fans get their own dedicated perks, too. First Past The Post pays out on the original winner even if a horse is later demoted for interference, while the "2nd to a Rag" insurance refunds your stake as a free bet if your horse finishes second to a 33/1 or bigger shock winner. Lucky Double Odds rounds things out, doubling your odds if a Lucky 15, 31 or 63 bet settles with only one winning selection.

Spreadex Live Streaming

Live streaming runs across a good range of sports, including football, tennis, horse racing, greyhound racing and snooker. You'll need a funded account to watch, so there's no need to have an active bet on the specific event, just a balance sitting in your account to unlock the stream.

Spreadex at a Glance

Sports spread betting and fixed-odds betting from a single account
Competitive pricing, including a Best Value Bookmaker award on Premier League odds
Dedicated iOS and Android apps with Touch ID and Face ID support
A broad promotions suite covering football, racing and accumulators alike

Spreadex Betting Markets

Football markets run deep, covering correct score, total goals over/under, both teams to score, corners, cards and first team to score. There are also regular Price Boosts on markets like first scorer, anytime scorer and both teams to score. It’s a top bet builder site, with odds running up to 1,000/1 depending on how many selections you combine.

The spread betting side is where things get unusual. Markets like total goals, shirt numbers and corner counts are all priced as a range rather than a single outcome - something you won't find at a standard fixed odds bookmaker. Horse racing and greyhound racing both get solid coverage as well, backed by First Past The Post and the "2nd to a Rag" insurance mentioned above.

Spreadex Free Bets FAQs

Who owns Spreadex?

Spreadex was founded in 1999 by former City trader Jonathan Hufford. It's based in St Albans, Hertfordshire, and has grown into one of the longest established names in UK sports and financial spread betting, picking up several industry awards along the way.

Is Spreadex legit?

Can you bet on horse racing at Spreadex?

What is the Spreadex sign up offer?

What is sports spread betting?

About the Author

Mark Fordham

More About Mark

Mark spent over a decade as a sports reporter and editor with Goal.com and Bleacher Report. He is now a Content Manager at Bookies.com covering all manner of sports from the Premier League and cricket to the NBA and NFL. Mark also has years of experience working in the online casino industry and knows how to rate a good one over a bad one.