£70 IN FREE BETS* WHEN YOU BET £10
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Significant Terms & Conditions
*How To Claim £70 in Free Bets
Join and place a £10 fixed odds or £10 each-way bet at odds of 1/2 or greater. Only the 'win' part of each way bets will count towards the qualifying amount of the promotion. Qualifying bet must be placed before the expiry date stated in the "My Promotions" section of your account. The qualifying bet can be placed pre-event or in-play, but cannot be cashed out early.
The £70 in Free Bets is made up of two separate parts: £30 in fixed odds free bets, credited to all qualifying customers who open a fixed odds betting account, and £40 in spread betting free bets, credited only to customers who also hold a full spread betting account. See the spread betting account eligibility criteria in the General Terms and Conditions below.
Details of the free bets customers will receive, depending on whether they hold a Fixed Odds account or full Spread Betting account, are outlined below.
Your £70 in free bets at a glance: £30 in fixed odds + £40 in spread betting
Free bets | When you get them | Account type |
|---|---|---|
3 × £10 free fixed odds bets — use on any fixed odds market | One when your qualifying bet settles, then one every 24 hours | Fixed odds account |
3 × £5 Total Goals free spread bets — football | One when your qualifying bet settles, then one every 24 hours | Full spread betting account |
3 × £5 Winning Favourites free spread bets — horse racing | One when your qualifying bet settles, then one every 24 hours | Full spread betting account |
1 × Horse To Win spread bet with up to £10 of free risk — horse racing (100 Win Index) | When your qualifying bet settles | Full spread betting account |
Free bets expire 28 days after being awarded if unused, and free bet stakes are not included in any winnings. You can claim the £40 in spread betting free bets if you open a full spread betting account within 28 days of creating your fixed odds account — eligibility criteria apply. Full terms below. 18+. GambleAware.org.
Example: horse quoted 55.5-60 in the 100 Win Index (example only - prices change)
Same horse, same up to £10 of free risk - different stakes for Buy and Sell.
Fixed Odds account only
Once your qualifying bet is settled, you will receive a £10 free fixed odds bet.
A second £10 free fixed odds bet will be credited 24 hours later.
A third £10 free fixed odds bet will be credited a further 24 hours after that.
In total, if you hold a Fixed Odds account only, you will receive £30 in free fixed odds bets.
Full Spread Betting account (Fixed Odds account plus the following)
In addition to the £30 in free fixed odds bets above, once your qualifying bet is settled you will also receive a £5 free Total Goals football spread bet, a £5 racing Winning Favourites spread bet and a Horse To Win spread bet with up to £10 of free risk.
A further £5 free Total Goals football spread bet and £5 racing Winning Favourites spread bet will be credited 24 hours later.
A further £5 free Total Goals football spread bet and £5 racing Winning Favourites spread bet will be credited a further 24 hours after that.
In total, you will receive £40 in spread betting free bets, in addition to the £30 in fixed odds free bets — £70 in total.
Opening a full spread betting account is subject to Spreadex's standard account-opening eligibility criteria, including identity and age verification and an appropriateness/suitability assessment, and is at Spreadex Ltd's sole discretion — see the General Terms and Conditions below.
If you wish to receive the £40 in spread betting free bets, you'll need an open spread betting account, opened within 28 days of opening your fixed odds account (in addition to having placed your qualifying bet).
To use the £5 free spread bets, go to the Total Match Goals or Winning Favourites markets, enter a £5 stake, choose Buy or Sell and tick 'Use free bet' on the bet slip. To use your Horse To Win spread bet, go to any horse race, open the Spread Betting tab and select 100 Win Index. Pick a horse, choose Buy or Sell and tick 'Use £10 Risk Free Bet'. You don't enter a stake — the bet slip sets your stake per point so you have up to £10 of free risk, and if the bet loses you lose nothing.
Example only - prices change:
Open any race, choose Spread Betting, then 100 Win Index.
Tap Buy or Sell on your horse and tick Use £10 Risk Free Bet.
Your stake per point is set for you — a different stake for Buy and Sell, up to £10 of free risk either way.
The Horse To Win (100 Win Index) makes up at 100 if the horse wins (without a dead heat), 50 if it wins the race in a dead heat, or 0 if it doesn't win.
If you do not open a full spread betting account, do not do so within the required timeframe, or do not meet the eligibility criteria, you will only be eligible for the £30 in fixed odds free bets and will not receive the £40 in spread betting free bets.
Free bet stakes not included in any winnings from the free fixed odds bets.
The free fixed odds bet can be placed by ticking the 'use free bet' button on your bet slip when placing your chosen fixed odds bet.
The free bet can be placed in-play but cannot be cashed out in-play and must run to the conclusion of the bet.
Free bets expire 28 days after being awarded, if unused.
Promotions available to 18+ aged individuals who are registered customers of Spreadex.
Spreadex Ltd reserves the right to withhold this offer when it has reasonable belief there has been co-operation, collusion or organisation of bets from the same source, or if it has reasonable belief that the offer is being abused in any way. Spreadex Ltd is the sole arbiter of these rules and any other issue arising under the promotion.
Offer cannot be used in conjunction with any other Spreadex offer.
Unless otherwise stated, clients reopening Spreadex accounts do not qualify for the offer.
GENERAL TERMS AND CONDITIONS
Promotions available to 18+ individuals in the UK who are registered customers of Spreadex.
The qualifying bet can be placed pre-event or in-play, but cannot be cashed out early.
Free bet/spin stakes not included in any winnings.
Spreadex Ltd reserves the right to exercise its sole discretion as to whether or not to open account facilities for any prospective client. Spreadex Ltd reserves the right to amend, withdraw or restrict this offer at any time without notice.
Opening a full spread betting account is subject to Spreadex's standard account-opening eligibility criteria, including identity and age verification and an appropriateness/suitability assessment, and is at Spreadex Ltd's sole discretion. Customers who do not open a full spread betting account, or who do not meet these eligibility criteria, will only be eligible for the £30 in fixed odds Free Bets and will not receive the £40 in spread betting Free Bets. Customers must open a full spread betting account within 28 days of opening their fixed odds account in order to qualify for the £40 in spread betting Free Bets.
No staff member (or any relation or partner thereof) of any spread betting or fixed odds bookmaking firm is eligible to take advantage of these offers.
You can withdraw your deposit balance at any time.
Customers who are ineligible for any promotional free bets will also be ineligible for these promotions.
These terms and conditions are to be read in conjunction with our Customer Agreements
Please bet responsibly. GambleAware.org. View our Safer Gambling tools here.
What are Free Bets?
Free bets are a new-customer betting offer that let you place a bet without staking your own money, awarded once you've met the offer's qualifying conditions. With Spreadex, you bet £10 on fixed odds and, once that bet settles, receive £70 in free bets to use across fixed odds and sports spread betting. Any winnings from your free bets are yours to keep, though the free bet stake itself isn't included in the returns. New customers only, 18+, T&Cs apply.
How to use your free bets
Once your free bets are credited, here's how to place each type — on the website or in the Spreadex Sports app.
Using a free fixed odds bet
1. Log in and choose any fixed odds market and selection, as normal.
2. Add your selection to the bet slip.
3. Tick the 'Use free bet' button on the bet slip — your free bet stake is used instead of your own money.
4. Place your bet. Free bets can be placed in-play, but can't be cashed out and must run to the conclusion of the bet.
Using your free spread bets
You'll need a full spread betting account for these.
1. Log in and open the market your free bet is for: Total Goals (football), Winning Favourites (horse racing) or 100 Win Index (horse racing).
2. Enter the stake that matches your free bet — £5 for Total Goals or Winning Favourites. For Horse To Win there's no stake to enter: tick 'Use £10 Risk Free Bet' and your stake per point is set for you. It changes with the price and whether you buy or sell.
3. Choose whether to Buy or Sell.
4. Tick the 'Use free bet' option on the bet slip (for Horse To Win, tick 'Use £10 Risk Free Bet') and place your bet.
Winnings from your free bets are yours to keep — the free bet stake itself isn't included in the returns. Free bets expire 28 days after being awarded if unused. 18+. Full terms above.
Free Bets FAQs
How do I get my £70 in free bets?
Place a £10 fixed odds single or each-way bet at odds of 1/2 or greater, and once it settles you'll receive 3 x £10 free fixed odds bets, 3 x £5 Total Goals spread bets, 3 x £5 Winning Favourites spread bets and a Horse To Win spread bet with up to £10 of free risk, credited over consecutive days. If you wish to receive the £40 in spread betting free bets, you'll need to have an open spread betting account.
How long do my free bets last?
Free bets expire 28 days after being awarded if unused.
Can I withdraw my free bet winnings?
Yes — winnings from your free bets are yours to withdraw, but the free bet stake itself isn't included in the returns.
What can I use my free bets on?
The free fixed odds bets can be used on your chosen selections; the free spread bets apply to the Total Goals, Winning Favourites or 100 Win Index markets. If you wish to receive the free spread bets, you'll need to have an open spread betting account.
How is my Horse To Win free bet staked?
Your Horse To Win spread bet gives you up to £10 of free risk rather than a £10 stake. In the 100 Win Index a horse settles at 100 if it wins and 0 if it doesn't, so we set your stake per point so that the most the bet could lose is up to £10 — and because it's a free bet, you won't lose anything. For example, if a horse is quoted 55.5 – 60, buying at 60 gives a stake of £0.16 per point and returns £6.40 if it wins. Selling at 55.5 gives £0.22 per point and returns £12.21 if it loses. Note that if a horse wins after a dead heat, it makes up at 50 not 100. Your £5 Total Goals and Winning Favourites free bets work differently: they're always £5 per point.
Do I need to deposit to claim?
You'll need to fund and place the £10 qualifying fixed odds bet. New-customer terms apply, 18+.
What happens if my qualifying bet loses?
Your free bets are credited once your qualifying bet settles — win or lose. Remember that only the 'win' part of an each-way bet counts towards the £10 qualifying amount, and the qualifying bet must be placed before the expiry date stated in the "My Promotions" section of your account.
Why haven't I received my free bets yet?
Free bets arrive in stages: the first are credited once your qualifying bet settles, with more following 24 hours later and a further 24 hours after that. The £40 in spread betting free bets is only credited if you hold a full spread betting account, opened within 28 days of opening your fixed odds account — otherwise you'll receive the £30 in fixed odds free bets only.
Can I use free bets on horse racing or in-play?
Yes — the free fixed odds bets can be used on your chosen fixed odds selections, including horse racing, and can be placed in-play. An in-play free bet can't be cashed out and must run to the conclusion of the bet. The free spread bets are for specific markets only: Total Goals (football), Winning Favourites and 100 Win Index (horse racing).
Can I cash out a free bet?
No. A free bet can be placed in-play, but it can't be cashed out and must run to the conclusion of the bet. The £10 qualifying bet can't be cashed out early either.
Do I need a promo code?
No — there's no promo code to enter. Your free bets are credited automatically once your qualifying bet settles, provided the qualifying bet was placed before your offer expiry date.
Can I combine this with other Spreadex offers?
No — this offer can't be used in conjunction with any other Spreadex offer, and it can only be used once per customer.
What's the difference between the fixed odds and the spread betting free bets?
The £30 in fixed odds free bets (3 × £10) goes to every qualifying customer and can be used on your chosen fixed odds selections. The £40 in spread betting free bets (3 × £5 Total Goals football bets, 3 × £5 Winning Favourites racing bets and 1 x Horse To Win bet with up to £10 of free risk), is only credited if you also open a full spread betting account within 28 days of opening your fixed odds account. Spread account opening is subject to Spreadex's eligibility criteria, including an appropriateness assessment — and remember spread betting losses can exceed your deposit.
Why Spreadex?
Founded in 1999, Spreadex Sports is one of the UK’s leading sports betting sites, offering one of the best sports betting experiences via fixed odds and sports spread betting.
Our betting site is full of features designed to give you the best bookie experience possible:
- Choose between different generous new customer betting sign-up offers on our sportsbook (fixed odds) or sports spread betting products.
- Enjoy discovering spread betting – an interesting alternative to traditional sportsbook betting and a different option to exchange betting. E.g. selling a favourite in a sports event is the equivalent to laying a bet on a bet exchange.
- Cash out by utilising one of our three different cash out options. One-click, auto or partial cash out.
- Access our Bet-Builder options, plus live stream hundreds of sporting events across football, racing, tennis and much more.
Football Betting with Spreadex
At Spreadex we offer an unrivalled selection of football betting markets across fixed odds and sports spread betting including Match Odds, Over/Under 2.5 Goals, Both Teams To Score, Total Goals, Bookings, Corners and more.
We offer football betting on the Premier League, Championship, FA Cup, Scottish Premiership, Champions League, Europa League, Conference League, Bundesliga, Serie A, La Liga, International Football and much more.
Spreadex Sports has a 4.4 out of 5 score on Trust Pilot from 2,237 reviews. Spreadex is also listed in the top 10 for Trust Pilot's 'Online Casino or Bookmaker' section with a rating of ‘Excellent’, making it one of the UK’s most trusted betting websites.*
In terms of the best UK bookmaker ratings on the App Store, the Spreadex Sports betting app scores 4.7 out of 5 from 1,400 iOS ratings and 4.5 out of 5 from 469 reviews on the Play Store for Android.^
Spreadex have been recognised as one of the top sportsbooks in the UK, winning multiple awards including the EGR Operator Awards, Good Money Guide and ADVFN Awards.
*Correct as of 29th July 2026
^Correct as of 29th July 2026
