Spreadex review: UK sportsbook, licence-checked
Best for: Spread betting and fixed odds in one account
The only UK operator offering sports spread betting and a fixed-odds sportsbook together. The fixed-odds side is competitive; the spread side is for people who understand unlimited downside.
No welcome offer shown. We publish an offer only after reading it with its significant terms on the operator's own page; this operator's page could not be read at the last verification, so its current offer is on its site.
Visit SpreadexLicence check
- Licensee
- Spreadex Limited
- Gambling Commission account
- 8835
- Checked against the register
- 2 November 2026
- Group
- Spreadex
Pros
- Spread betting and fixed odds under one login
- Competitive football and racing prices
- Best odds guaranteed on racing at verification
Cons
- Spread betting losses can exceed the stake
- Smaller in-play and streaming offering
| Products | sportsbook, casino |
|---|---|
| Founded | 1999 |
| Deposit methods | Not yet documented |
| Minimum deposit | Not yet documented |
| Apps | iOS and Android |
| Live streaming | No |
| Cash out | Yes |
| Minimum age | 18 |
Spreadex was founded in 1999 in St Albans and offers sports spread betting (regulated by the FCA) alongside a fixed-odds sportsbook licensed by the Gambling Commission under Spreadex Limited.
Odds and markets
The fixed-odds sportsbook covers football, racing and the main sports with competitive prices. Spread betting is a different product: you win or lose per point of the margin, which means losses are not capped at your stake.
App and site
One app for both, with the fixed-odds side clearly separated.
Payments
Not yet documented from the operator’s pages; see the table.
Safer gambling
Deposit limits, time-outs and GamStop apply to the fixed-odds account; the spread account has FCA-side controls.
Frequently asked questions
Is spread betting the same as fixed-odds betting?
No. In spread betting you win or lose a multiple of your stake for every point the result differs from the spread, so losses can be larger than the stake. The most a fixed-odds bet can lose is the stake.
18+. Gambling can be harmful; BeGambleAware.org. This review is advertising: we may earn a commission if you open an account through a link on this page. It does not affect the rating.