Spreadex

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Casino Info
  • Website spreadex.com
  • Established 1999
  • License UK Gambling Commission
  • Min Deposit £1
  • Max Deposit £10.000
Pros
  • New betting and winning strategy
  • Financial Spread Betting
  • Great bonus offers
  • Fixed Odds Betting
  • Bet Builder
Cons
  • Spread Betting returns can be low
  • Banking options are limited

Check out Spreadex Ireland. In the wealth of sportsbooks available in Ireland, there are still gems to be discovered. Spreadex is one of those emerald Irish gems! With over 20 years in the industry, Spreadex is the elite, standing above the crowd with its unique offers in sports betting.

Launched in 1999, Spreadex has a special and unique feature on offer – Spread Betting. Created by Jonathan Hufford in 1999, it enables punters to spread their bets across different angles. Spreadex is also unique in offering fixed odds betting. For these innovative initiatives, Spreadex has made the Sunday Times list of 100 top fastest growing companies 3 times!

  • Trust and fair play
  • Games and software
  • Bonuses and promotions
  • Customer support
Overall Rating 7.5/ 10

⚡ At a Glance

Launched onlinne in 2006, Spreadex is an excellent all round sportsbook. From its 19 popular sports available, it has 1000s of markets available for the punter with a sense of adventure. Every feature is of top quality, including live-streaming which isn’t always available through all sportsbooks.

But Spreadex has a unique feature not available with any other sportsbook in Ireland, not with any other sportsbook globally. It offers Spread Betting, as compared to fixed odds betting, where the punter can bet on the experts being wrong and the results coming in outside the fixed odds.

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Not only does Spreadex offer the Spread Betting in sports, but it has also ventured into financial Spread Betting. This is a whole new realm of ‘betting’. Spreadex has videos and information to explian all the Spread Betting features, of both the sports and the financial markets. There simply is no other sportsbook like Spreadex.

Feature Details
🎮 Software Game Slots, Table Games, Live Casino
🎰 Providers Playtech, NetEnt, Microgaming, Evolution Gaming
💳 Payment Methods Visa, MasterCard, PayPal, Bank Transfer
🌐 Supported Countries Ireland, United Kingdom, and others

📌 What is Spread Betting?

Spread Betting is like odds betting with a difference. A concept developed by Jonathan Hufford in 1999, it is hardly surprising that the idea has come from a city trader!

Spread Betting is about the specific details within a particular market in sports betting. This could mean something like the total number of goals scored in a particular football game.

If the market only gave a range of goal options such as from 2.7 to 3.0, but you predict that the final score will be higher than this, you can choose to BUY this bet. Likewise, if you predicted a lower final score, you would want to SELL it. As in, you can spread the bet beyond the fixed odds that have been listed. Why is this an advantage? Surely the experts know what they’re doing.

As it turns out, just occasionally the experts can get it wrong. What’s more, even if you do get it wrong, your overall bet isn’t affected. What helps most is how often you do get it right. So while a mistake might drop that particular bet, the rest of your bets on that spreadsheet are right, the more you will win. One wrong bet does not destroy your entire betslip of bets. Exactly how does this translate?

If the bookie spread is 2.7-3.0, and you BUY with a €10 bet, you are simply betting that the final score will be over 3 goals. Your winnings will be based on how many goals are scored above the market range. If the end result was 5 goals, this is 2 goals above the market range. Thus, a €10 bet buying would give the punter a return of 2 extra goals, multiplied by the €10 bet placed, resulting in a €20 win for the punter. However, if the end result of the game was a draw of 0-0, then the final score is 3 goals less than the placed bet. This would mean a loss of €30 to the punter.

This strategy of Spread Betting can be applied across many sports, and their thousands of markets. In fact, the Spread Betting is so revolutionary that the Sunday Times has listed Spreadex as many as 3 times in their list of 100 of the fastest growing businesses. In 2017 it was also mentioned as noteworthy amongst European companies in the report by FT 1000.

Spread Betting works across sports of all kinds. Take into account that each sport has many markets, the opportunities to take advantage of this strategy runs into thousands of markets. It’s simply a matter of buying or selling, depending on whether you think the experts have under or overestimated the likely outcomes.

In horse racing, for example – and what true-blood Irishman can resist a wager here? – you can make a counter-bet and bet against the favourites instead of backing them. In this case, you SELL. Spreadex has a great video covering all aspects of Spread Betting, explaining the concepts, and training how to make use of spread betting so that the punter can understand this way of making bets at all levels.

What a great way to spice up your gambling experience! A whole new way to approach betting, with a great hands-on introduction and explanation to get every punter started on this new and exciting betting journey. It is just a variation on Fixed Odds Betting, but what a fun new way to add even more angles to the many facets already available.

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🎁 Welcome Bonuses – Spreadex

Bet10:Get40 Now that is a bonus! But what does it mean. Bet10:Get40 means a €10 bet by the punter will gain €40 worth of Free Bets credited to the punter’s account. That’s a 400% return! Can it really be that easy? It is. Try it for yourself. Here is how:

  • Access the Spreadex homepage
  • Register for an account
  • Make your initial deposit
  • Make a bet of €10 with odds of at least ½
  • Receive Free Bets, 2 of €10 each, 4 more of €5 each, a total of €40

You see. It is that easy. To ensure that you gain the free bets you are expecting, check the Terms & Conditions under Promotions to make sure that you have covered eligibility requirements. These might include:

  • Choice of sporting markets – not all sports may be included as eligible to count
  • Free bets may not all be credited immediately, but over consecutive days
  • There can be an expiry time, perhaps of 28 days
  • Be clear of the start of time frame for offer
  • Cash-Out and In-Play bets are often not included
  • Offers are generally on the initial deposit and and bet placed
  • Be aware that Terms & Conditions can change without notice

🎉 Other Free Bets

Spreadex offers a range of promotions in other ways. Be aware that they can change without notice, but these can regularly include the following types of offers:

  • Failed Bets:- Free bet offers to recoup losses on failed bets
  • Spread-Free-Bets:- Bonus return on 4th Free Bet on bonus of some Spread Markets
  • 1st Scorer Insurance:- If first score fails but final score succeeds, the Free Bet is returned
  • Refer a Friend:- When a friend bets a €20 Spread Bet, a €100 reward is offered
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🏀 The Spreadex Sports Catalogue

Spreadex has a healthy list of 19 different sporting categories for punters to choose from. These are:

  • Horse Racing
  • Greyhound Racing
  • Football
  • Rugby
  • American Football
  • Motor Racing
  • Tennis
  • Cricket
  • Basketball
  • Baseball
  • Volleyball
  • Ice Hockey
  • UFC
  • Table Tennis
  • Handball
  • Snooker
  • Darts
  • Virtual Sports
  • eSports

Spreadex caters to the Irish passion for horseracing with an extensive selection of races on offer, one of the best you can find. These races cover everything from the Gowran Park events in Ireland, to well known meets on a local level if less household named in Ireland such as the Australian meet in Muswellbrook, NSW. Members can choose to select from the entire range of horse meets, or to just select the more local ones by choosing GB and IRE Races.

Add to the incredible range of horse racing options the fact that Spreadex does not leave Ireland’s other favourite sport out of the picture. It also has a great range of Rugby World Cup Betting Odds on its own page, with regular updates and endless betting options, including Spread Betting.

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Remember also, while 19 sports may seem like a limited number of sports, each sport has many, many betting markets to play with. Multiply these out, and Spreadex offers thousands of betting options to enthusiastic punters looking for more variety. Spreadex has got not only a great range of choices for betting, but the whole new betting concept in Spread Betting to excite the most calm of bettors!!!

The spread of sports offered by Spreadex, such as LeonBet, has all the Irish favourites, as well as the latest boom in sports to keep fans of all ages and all interests inspired. There is also a great eSports section, for all those gamers who love console gaming, and all those who love betting on eSports.

Games include those for multi-player consoles – those which are competitions between professional gamers and professional gaming teams. Some of the top games offered include:

  • Dota 2
  • FIFA
  • League of Leagues

The latest sports market, and one currently growing in popularity at a rapid rate, eSports at Spreadex can be watched live. Spreadex also provides links to the channels hosting these events such as Twitch.

🚀 Other Features of Spreadex

Spreadex has several other appealing features which add to the excitement of the betting experience and enhance your overall gaming. They are all designed to improve likely winnings, to help engineer more lucrative wagers, and to add control to your gaming – which generally translates into bigger prizes.

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Cash-Out

Cash-out is a great option which can limit losses or cash in on wins. If you think the game has reached its best point and will decline from there, you can cash out and take your winnings at the point where you think they are optimal. You can do this even if you think the game will continue, but you don’t wish to wait for the end which you think is a foregone conclusion.

Likewise, if the game isn’t going as well as expected – for any number of reasons: a key player might get injured, the weather might interfere, or the team might simply not be performing to their usual standards – then you can save your losses and cash out, taking the winnings – or losses – before the losses get bigger. With Spreadex you can even pre-set limits and auto-end the wager. This option can be selected at “Cashout”. Access the settings in the Cashout option on the bet slip.

Live-Streaming

One of the most exciting enhancements to the betting game comes from live-streaming. Punters can watch the event or match unfold, see things evolve while the game is still in progress. For all who have placed a bet, certain games are available with live-streaming.

This access not only enhances the excitement factor, but it also adds to the control you have by giving extra and up-to-date information immediately – you see it as it happens! This can help to improve the making of decisions, since you can place new bets even after an event has started. 

Bet Builder

A typical feature today, perhaps, but one that has become much easier with the digital age is the bet builder. This gives the punter the option of mixing the markets they want to bet on within one match. A single bet is no longer limited to a single market.

Punters can combine various of the markets and have them all included in a single bet. These might include not just the final score, but also who scores the goals, who scores the first goal, how many corners through the game, how many fouls and warning cards are issued.

There are a great variety of markets which can all be combined as a single bet in a mixed-market betting slip. With Spreadex, odds betting options aren’t even the only ones. Spread Bets can also be added into the betting mix on a single bet slip – exceptional versatility!

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🎰 Responsible Gambling

Another feature of the Spreadex website is Responsible Gambling oriented. It takes gambling seriously, and has created several features which not only help members who are susceptible to the gambling bug, but are also good strategies towards boosting potential wins because they give the player added control over activities.

There are a number of great tools which can improve player management over their finances and gaming times. A policy of Responsible Gambling means that Spreadex, deliberately encourages safe gambling, as well as offering advice, help and support for anyone wanting it. Some of the features offered can allow members to:

  • Deposit Limits: Set a daily, weekly or monthly maximum on their deposits
  • Wagering Limits: Set a daily, weekly or monthly maximum on their total bets
  • Time Alerts: Set an alert on length of time spent in a session or over time
  • Time Out:- Block themselves from playing for short periods of time, a day, week or month
  • Self-Exclusion: Block themselves for longer periods, of a few years, or indefinitely

All settings, once fixed, cannot be changed for 24 hours as a cooling off period. All are by member choice, and are of course changeable after the cooling off period. However, having these kind of controls can significantly improve winnings. It is always advisable to decide on just how much you wish to spend in a session before that session starts. But sometimes it can be easier to self impose limits before gaming. Being able to stop at the pre-designated moment is a talent that not everyone shares.

There are some general strategies which apply to all gamblers, whether gambling is an issue or not. These strategies also improve overall winnings since they can forestall the types of behaviours which can lead punters into trouble.

  • Decide beforehand how much the budget is
  • Only spend what is available and spare
  • Install parent blocks to prevent minors under 18 from accessing the sites
  • Never gamble to solve a financial problem
  • Don’t chase losses
  • Make use of the Responsible Gambling features available, according to what suits

Also remember that customer service also has links and gambling helpline contacts available for help and information, such as www.begambleaware.org.

💲 Financial Spread Betting

Spreadex is not just a sportsbook, but also offers services as a financial trading platform. This is a completely different kind of game. Gambling on sport can be done on a very small wager. It can even be done on very little information and just for a bit of fun.

Getting into the world of finances is something that is entirely different. First up, it involves much larger sums of money. It also requires a lot of research and learning in order to understand how it all works, and what the dynamics and influencing factors are and how they might affect your interests.

Winning at any kind of gambling can happen with luck, but winning consistently requires guesses to be educated and based on a much deeper understanding of the subject. In the case of finances, this is something which takes many years of concerted study and research, staying informed, and keeping up with what’s going on.

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Spreadex Financial Markets

These might include:

  • Shares
  • Commodities
  • Indices
  • Forex
  • Exchange Traded Funds
  • Bonds and Interest Rates
  • Speed Markets

To be successful within any of these markets should only be attempted by those who have taken the time to understand them, and have significant amounts of spare cash for the purpose. As with all types of gambling, only spend what you can afford to lose.

These markets reflect what the majority think, which needs the bettor/investor to take advantage of them by pre-empting what they are about to do, by guessing what the other experts haven’t guessed. This means buying into a low market before it rises, and selling before a market falls. It means being ahead of the crowd.

Unlike the other casinos and sportsbooks around, Spreadex has ventured into these markets. This means that if this is of interest, there is a video to access which can help with understanding the processes. Customer service can also help with advice and direction.

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💸 Methods of Payment – Spreadex

For heightened security, Spreadex does not use any third party banking options like Skrill, PayPal, EcoPayz or Neteller, or of the cryptocurrency options. They use only payment systems which are direct bank ones. These are:

  • MasterCard
  • Visa card
  • Bank Transfers
  • Cheques

All are usable for both deposits and withdrawals. Payment timeframes are within industry norms, being 2 – 5 days for a debit card transaction. A direct Bank Transfer takes less than 2 business days.

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Advantages of Market Trading:

  • Tax-free trading
  • No commission
  • Trading with leverage
  • Stop losses (for risk efficiency)

This is something within the casino and sportsbook markets which is entirely unique to Spreadex, and the only such website within the Irish market, or even in the global markets.

➡️ Venturing into Spreadex Financial Spread Betting

Just like the sportsbook, this part of the Spreadex service is also accessible through mobile devices. However, since it isn’t a sportsbook, there aren’t the promotions and offers which are a familiar aspect of the other online betting features. 

As the name implies, the concept has similarities with Spread Betting – betting outside the expected parameters. But while Spread Betting can be approached with small amounts of money – in the case of Spreadex, as little as €1 –  when these concepts are applied to the financial markets, the required funding is on a much greater scale.

This also makes the risks – including the risk of loss – much greater. This may be a part of the appeal of the financial markets. There is also the added bonus that with knowledge, it is possible to make informed decisions. The results are far less random.

🎯 The Pathway to Financial Spread Betting Success

But make no mistake. In order to make the level of informed decisions required means extensive research to understand how your interest-focus works. Remember that you are trying to make better guesses than all those who have already gained years of expertise and experience in these areas. It is a highly complex and high risk venture.

It may be possible with understanding to make better guesses than in the sports betting area. Just like with sports betting, being better informed about all angles of the event or match of interest, can increase the likelihood of making bigger wins. But also, in exactly the same way as sports betting, there are no guarantees.

So if this is an area that tickles your fancy, get into the literature. Immerse yourself in the extensive amount of information already on the Spreadex website. Contact the help desk. Ask the financiers at Spreadex. Get busy researching the vast amounts of information already on the web. If complex and variable projects are your thing, then this may just be the right place for you to start.

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📲 Mobile Compatibility – Spreadex

Spreadex has a great mobile app available on all iOS and Android compatible devices, available through either the Apple App Store for iOS devices, and via Google Play on Android devices. Both apps are fully outfitted versions of the website and give access to all facets of Spreadex, including all your betting features as well as the live-streaming.

To Download the App:

  1. Access your app store – Apple App Store if you have iOS, Google Play if you have an Android device
  2. Search for Spreadex Sports
  3. Click on “Intstall”
  4. When completed, “Open”
  5. Sign Up and create your username and password

Once you have signed up, you can choose the option to sign in using a biometric ID. Alternatively, like all good websites, Spreadex can be accessed without downloading the app. If for any reason you don’t wish to download the app or your device doesn’t have the space, you can simply access the website homepage and enter the play options from there.

🛡️ Security and Safety – Spreadex

Is Spreadex legal for gambling in Ireland? How can I tell if a sportsbook is legal? You can be confident that an online sportsbooks is legal if it is licensed by one of the international gambling authorities. This is the case with Spreadex, which is authorised by one of the leading regulators in the industry.

Spreadex has a licence from the United Kingdom Gambling Commission (UKGC), with the licence number 8835. You can check this for yourself – licence details will always be listed at the bottom of the homepage of a sportsbook.

To gain a licence, a sportsbook must meet the rigorous testing and criteria of the regulator, which covers all areas of the business, including ease of usage and customer service. The regulators also carry out random audits to confirm that all results generated are fair and unbiased.

A gambling licence is the punter’s guarantee that a website is safe and legal. There are further safety guards by the employment of SSL level security, the same as is utilised by banks. This top-level encryption software ensures that all transactions and individual data is protected from third parties, and kept safe and private.

Furthermore, Spread Betting itself is further authorised by the Financial Conduct Authority (FCA). Spreadex fully complies with all EU gambling laws. Ireland requires players to be over 18 years of age. With that fulfilled, betting in Ireland is totally legal, and members are guaranteed that their details and transactions information is completely safe.

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📜 Terms & Conditions

Make sure to read Terms & Condition, especially the sections on promotions and payment details. There is nothing worse than expecting to receive a prize and missing out in part or even altogether.

Eligibility details can impact on how much or if a winning is valid. The bonuses may have minimum odds requirements, minimum deposit and wagering amounts, or expiry dates. Certain payment methods can disqualify the player.

With Spreadex’s unique Spread Bet feature. it is particularly important to ensure that the details and procedures are understood, not just from the Terms & Conditions, but also by studying the video which introduces the Spread Bet concept and guides players through the steps on the How-To. 

Furthermore, Terms & Conditions can change without notice, so never assume that the details are the same as previously. Read through the relevant parts to ensure an optimal gaming experience.

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🧑🏻‍💻 Registration and KYC Verification – Spreadex

KYC or Know Your Customer is an essential step in signing up to any gambling website. It is a government requirement aimed at protecting members and maintaining high levels of security against fraud. It is basically just proof of your ID. Registering with Spreadex is an easy process.

  • Access the site
  • Click on “Register”
  • Follow the steps and give the information needed

When it comes to verification of the KYC – Know Your Customer – the information required can be any one of the following documents:

  • ID card
  • Passport
  • Driver’s licence

Naturally, the ID will need to be in-date. Proof of address will also be required. Any document needs to be dated within 90 days of the submission, and include your name and address.

  • Bank statement
  • Utility bill
  • Letter re tax

These are legal requirements to verify the legitimacy of applicants and to protect applicants, members, and minors.

🤝 Spreadex Customer Support

Spreadex offers an excellent customer support centre, which features all the major ways of gaining help and resolving issues and problems.

FAQ – Spreadex Sportsbook has a great FAQ section with an extensive database of information to answer members’ questions. This is always the best first call, since most problems and questions have already been asked. The database of information in FAQ covers all areas, including sports issues, account problems, technical info, Spread Betting questions, Glossary of terms used, accessing mobile apps… Everything. Chances are, the information is already set out and easy to follow.

Live Chat – If their extensive database in FAQ hasn’t covered your issue, there is a great support team accessible via live chat. The team is available from 8am to 5:30pm for directly chatting and sorting through any problems.

Email – And of course, for situations that need the different approach, email is also available with quick and expert help. Make sure you include all the relevant details of your problem for a quicker solution. 

Phone – Spreadex also has phone contact, something which these days is becoming a rare offer. If this suits you better, you have another angle to use for sorting your issue.

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👨🏻‍💻 Closure of Account – Spreadex

If the member wishes to close their account, this is also a straigtforward process, and one done through customer service. Requests need to be submitted in writing by email. The address is supplied on the Contact page. Following a termination, all details will be deleted and account will cease to exist. A return to Spreadex will require a new application and registration. Note that welcome bonuses will not be available under these circumstances.

An alternative way of dealing with an account closure which may be easier is to access the Responsible Gambling features and suspend your account via self-exclusion for a period of time up to 6 months.

⭐ Our Verdict

Spreadex is far from your average sportsbook, and as such deserves attention. It comes to the party in all areas and features like all of the top sports betting houses, but it comes out top in aces with its unique features.

Spreadex has the unique feature of Spread Betting – betting outside the fixed odds by predicting where the experts have missed. Add to this, Spreadex doesn’t just offer sports Spread Betting. It also offers financial Spread Betting.

This is something which is entirely unique to this Irish sportsbook, and not offered by any other sportsbook, even globally. Spreadex doesn’t just offer these features – it has an extensive library of information and videos, as well as customer service help.

Add to this that Spreadex has a massive selection of thousands of sports markets for bettor entertainment, adding variety to a healthy offering of 19 different popular sports available to the punter.

Spreadex also offers live-streaming, something not available with all sportsbooks, which raises the bar on in-play betting and cash-outs. Add to this top quality in all the usuals – bet builders, great promotions, an excellent customer service team, and Responsible Gambling options. Spreadex is unique, and should be noted even as a regular sportsbook. But if the Spread Betting is your interest, there simply is no other like Spreadex.

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❓ FAQ – Spreadex

  • What is Spread Betting?
  • What is Financial Spread Betting at Spreadex?
  • Is Spreadex safe and secure?
  • Does Spreadex have good bonus offers?
  • What are Spreadex’s minimum withdrawal and deposit amounts?
  • How many sports and markets does Spreadex offer?
Simon Dymond
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