SpreadEx is unique in the UK market because it offers two types of betting in one place: traditional fixed-odds betting (like Bet365) and “spread betting” (where you win more based on how much your team wins by). They are excellent for advanced football and cricket stats markets. The current SpreadEx welcome offer is designed to introduce new UK customers to both sides of their sports betting platform: Bet £10 Get £60 in Bonuses. This is a massive package, split between standard free bets and spread betting credits.
How to Claim the SpreadEx Free Bet
- Visit the Site: Go to spreadex.com.
- Register: Create a full account (Sport & Spread). No code is required.
- Deposit: Deposit £10+ via Debit Card or Bank Transfer.
- Qualify: Place a £10 fixed-odds bet at minimum odds of 1/2 (1.50).
- Receive: Upon settlement, you get your first batch of bonuses. The rest are credited in stages over the next 24-48 hours.
How We Use SpreadEx Bet Bonus (See Advice)
The SpreadEx sports betting bonus is complex because it gives you different types of bets. You get £30 in Fixed Odds bets and £30 in Spread Bets.
- Our Betting Strategy: Place your qualifying £10 bet on a simple “Match Winner” market (e.g., Man Utd to win).
- The Fixed Odds Bonus: You get 3 x £10 tokens. Use these like normal free bets on football accumulators or horse racing.
- The Spread Bonus: You get specific tokens like “Total Goals Spread”. We recommend using these on high-scoring matches. If you “Buy” Total Goals at 2.8 and the game finishes 4-0 (Total 4), you win 1.2 times your stake. Warning: Spread betting can result in losses exceeding your deposit, but these free bets are risk-free tokens.
- What NOT to do: Do not Cash Out your qualifying bet. Also, don’t ignore the spread bets—they are essentially free money to try a new format, but read the rules first!
Our Evaluation & Rating
Financially, getting £60 for a £10 outlay is the highest ROI on this entire list (600%). However, half of the bonus (£30) is for spread betting, which can be confusing for beginners. If you are willing to learn how spreads work, this is unbeatable value.
- Rating: 9/10
- Verdict: The best offer for sheer monetary value, provided you aren’t intimidated by spread betting markets.
SpreadEx Bonus Code
The promo code field is optional at SpreadEx in 2026. You do not need to enter one to claim this specific deal as long as you sign up via a qualifying link.
SpreadEx Welcome Bonus Summary
| SpreadEx | Promo Code Details |
| Claim Free Bet here | Visit SpreadEx |
| SpreadEx Promotion Code | Optional (None Required) |
| New User Welcome Offer | Bet £10 Get £60 (Mixed Fixed/Spread Bets) |
| Min Deposit | £10 |
| Qualifying Odds | 1/2 (1.50) |
| Expiry | 28 Days |
| Verified Voucher Date | February 2026 |
SpreadEx Bet £10 Get £60 – Official Full Terms & Conditions
Promotion Overview
This promotion is available to new customers only, aged 18+, residing in Great Britain or the Republic of Ireland. The promotion runs from 11 March 2025 until withdrawn by Spreadex Ltd.
These terms must be read alongside Spreadex’s General Terms and Conditions. The offer can only be used once per customer.
How to Qualify
- Join SpreadEx and place a £10 fixed odds bet or a £10 each-way bet at minimum odds of 1/2 (1.50)
- For each-way bets, only the win portion counts toward qualification
- The qualifying bet may be placed pre-event or in-play
- The qualifying bet must not be cashed out early
Free Bet Credit Structure
Once the qualifying bet has settled, you will receive:
- Immediately after settlement: £10 free fixed odds bet, £5 Total Goals football spread bet, £5 Racing Winning Favourites spread bet, £1 Racing Race Index spread bet
- After 24 hours: £10 free fixed odds bet, £5 Total Goals football spread bet, £5 Racing Winning Favourites spread bet
- After 48 hours: £10 free fixed odds bet, £5 Total Goals football spread bet, £5 Racing Winning Favourites spread bet
Total bonus value: £60.
Free Bet Usage
- Free fixed odds bets do not include the stake in any winnings
- To use a free fixed odds bet, tick the “Use Free Bet” option on the bet slip
- Free fixed odds bets can be placed in-play but cannot be cashed out in-play and must run to settlement
Spread Betting Free Bets
Spread betting free bets can only be used if you hold a full spread betting account.
- Total Goals football spread bets: Navigate to Total Match Goals, enter £5, choose Buy or Sell, and tick “Use Free Bet”
- Winning Favourites racing spread bets: Navigate to Winning Favourites markets and place a £5 Buy or Sell bet
- Race Index spread bet: Navigate to Race Index markets, select a horse, enter £1, choose Buy or Sell, and tick “Use Free Bet”
Important: Although these are free bets, spread betting can result in losses exceeding your initial stake.
Expiry
All free bets will expire 28 days after being awarded if unused.
Exclusions & Restrictions
- Offer cannot be used in conjunction with any other SpreadEx promotion
- Staff of any spread betting or fixed odds bookmaker, or their relatives/partners, are not eligible
- Customers reopening SpreadEx accounts do not qualify unless otherwise stated
- Customers ineligible for promotional free bets are also ineligible for this promotion
General Conditions
SpreadEx Ltd reserves the right to amend, restrict, withdraw, or withhold this promotion at any time without notice, including in cases of suspected abuse, collusion, or irregular betting activity.
SpreadEx Ltd is the sole arbiter of these rules and any disputes arising from the promotion.
You may withdraw your deposit balance at any time.
These terms must be read in conjunction with SpreadEx’s Customer Agreements and General Terms and Conditions.
- What is spread betting? Instead of betting on a simple Win/Loss, you bet on a “Spread” (e.g., Goals). You win or lose money for every point the result is above or below the spread.
- Can I lose money on the free spread bets? No, the free bets act as a “token” stake, so you can’t lose your own cash balance using them.
- Is the payout instant? No, the bonuses are drip-fed: some on settlement, some after 24 hours, and the rest after 48 hours.
Spreadex Sportsbook – Quick Overview
Updated on
Spreadex Sports Welcome Offer
New customers only. Spread betting losses can exceed your deposit. Place a £10 fixed odds single or £10 each-way bet at minimum odds of 1/2 to receive: 3 x £10 free fixed odds bets, 3 x £5 Total Goals football spread bets, 3 x £5 Winning Favourites spread bets, and a £1 Racing Race Index spread bet. Promo code is optional. Full terms apply.
spreadex.com
Spreadex Ltd
8835
1999
4.5/5 (iOS) • 100k+ Downloads
Football Spreads, Cricket, Horse Racing
- Dual platform (fixed odds & spread betting)
- Financial trading markets
- Buy / sell goals and points
Spread Free Bets, First Scorer Insurance
