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Spreadex is a betting and trading site that allows users to bet on sports as well as buy and sell financial assets. Spreadex differs from other online bookmakers in that it offers spread bets as well as standard fixed odds. There is also Spreadex Casino which offers a wide range of games.
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Spreadex is one of the most unique sports betting sites on the market and for that reason alone it is among our most recommended bookmakers. You can try spread betting, which means that you can win even more if your choice gets a big difference, but it comes with its own risks.
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Based in St Albans, Hertfordshire, Spreadex is one of the leading betting companies in the UK and was named in the FT1000 report as one of the 1000 fastest growing companies in Europe in 2017.
With over 20 years of experience in the industry, the service is top notch and is the perfect platform to use if you want to get into spread betting.
You can start with the Spreadex welcome offer which comes in the form of free bets and from that point onwards there are further promotions.
Non-spread bets and Refer and Earn offers are among the entries in the Promotions section, and you can also find news and blog posts.
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On the home page you will mostly see horse racing and football markets, as well as links to other popular sports. You can click on any event to see all spreads and fixed odds.
Since all spread betting markets have different terms, Spreadex has placed a small icon next to each available bet and if you click on it, you can read the terms and conditions.
Everything is very nicely laid out and easy to understand when you read each market. There is no fixed odds section on the site – instead, you can just look at the fixed odds within each event.
You can also bet on your mobile, either through the mobile site or the application available for iPhone and Android.
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One disadvantage is the lack of an e-wallet in the list of payment options, but you can use your bank card or send a bank transfer, check or direct debit.
You can get a lot of free bets and free spins by registering on Spreadex
The most prominent sports on Spreadex are the ones that attract the most attention in the UK, and when it comes to betting, football and horse racing are the top two.
You can place fixed odds football bets and there is also a bookmaker option, although the range of choices on the bookmaker doesn’t match some of the UK’s top bookmakers.
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Alternatively, you can place bets on a whole group of matches to keep you interested throughout the weekend. Most of these markets are goal-based, and you can use them for top leagues as well as more obscure competitions.
Horse racing spread betting works in a similar way. You can choose to buy or sell the racing markets, or bet on individual races.
For each race, points are awarded for first, second or third place, and you are essentially more or less based on how many points your horse gets.
For each market, a «spread» is set by the bookmaker, and this is basically what their prediction for the outcome is.
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So for soccer, if it’s a total goal market, the range can be 2.2-2.6. You can choose to «sell» at 2.2 or «buy» at 2.6.
If you buy 2.6 at £10 per point, each goal is worth £10 and the amount you win or lose is determined by the difference between the 2.6 and the total number of goals scored.
The types of markets are different for each sport and if you are new it is fun to go through them and see what is on offer.
For golf there is in-game leaderboard betting and it is similar to horse racing in that points are awarded for top positions in the leaderboard and when you buy, the higher they finish the more you get. This is a good alternative to fixed odds for either way golf bets as you will be rewarded more if they finish second than fifth.
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Just as there are many pre-match betting opportunities on Spreadex, the same can be said for the in-game offers.
The in-game section features spread bets and fixed odds on football, cricket, tennis, snooker and more (we consider Spreadex one of the best UK bookmakers for rugby betting).
The basketball offerings in the game are also excellent, with even the likes of the Syrian Women’s League covered.
«If you have been in the betting game for a while and want to try something different, Spreadex is a great option. I use the site mainly for live golf betting and also for football as I like to keep the interest all weekend with just one bet Spreadex is a excellent site, and with the professionalism that permeates the service, it’s no surprise.»
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While in the in-game section you will see a ‘Streaming’ tab and below that is a list of events available to watch.
You can stream via a computer or mobile app, and it’s a great way to stay up-to-date while tracking your bets.
There is a standard payout option on Spreadex, and you can also opt to set up automatic payments.
With automatic cashout, if your winnings reach a certain amount during the event, your bet is automatically paid out.
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Otherwise, a normal cash out allows you to wear the bet early and secure a profit or reduce your losses.
Spreadex Casino is perhaps the most underrated part of the site, as it has a more than adequate range of games for you to enjoy.
There is a wide range of slot games to choose from, and providers including NetEnt and Microgaming are well-known if you are a casual player.
If you want to play with real dealers, this is an option to play different versions of roulette and blackjack.
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With spread betting, the bookie sets a ‘spread’ which is their prediction, and you can ‘buy’ if you think the result will be higher or ‘sell’ if you think it will be lower. You are rewarded for being more accurate, but you lose more if you are off the mark.
Spread betting carries more risk because you can lose more than your initial bet. Of course, it is also more useful because it works the other way and you can win more if you are even more correct. Assess the possible downside and volatility before placing your bets on Spreadex.
Yes – you can build football bets on Spreadex and selections include score, goals, corners, booking points, handicap and more. With sports spread betting, instead of betting on a simple win or loss outcome, you are betting on multiple potential possibilities, which are almost endless. For example:
It works by betting against a «spread» that covers the outcome and consists of two prices, a «buy» price and a «sell» price. An example could be the predicted range of 10 to 11 corners in a Premier League match.
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Using your knowledge and smarts, you would estimate what the final result would actually be and then bet accordingly – ‘buy’ if you think the prediction was too low, ‘sell’ if you think it was too high.
Simply put, the more correct you are, the more you win. Sports spread betting can be very lucrative when you get it right – but it can be painful when the odds go against you.
For many markets, expansion companies use a point system. For example, each yellow card awarded in a soccer match is worth 10 points and each red card is worth 25 points (with a maximum of 35 points for one player).
If the spread says that the cards in the big derby are between 58 and 62, then this would mean that the bookmaker believes that there will be six yellow cards in the game. If you think the temperature will fly and there are more yellow cards and maybe a few reds, then you would «buy». If you believe that the judge will conduct the proceedings strictly and maintain order, then you would be ‘selling out’. Those
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