Spreadex wins 2020 EGR Awards

19 Nov 2020

spreadex_25-in-bets--300x250The UK-based bookmaker Spreadex has been named the EGR Awards 2020 spread betting operator of the year. The annual EGR Awards are organized by the eGaming Review Magazine that rewards the top betting operator of every year. This is the second time after 2017 that Spreadex brought home this prestigious accolade.

Connor Campbell, Spreadex spokesperson, underlined that: “It has been a really tricky year for the sports industry as a whole, especially during those dark spring months when the world ground to a halt. That’s why we at Spreadex are honored to have been recognised for our work both during the strictest days of lockdown, and since competitions like the Premier League and Champions League have returned. We have strived to provide bettors with an exemplary service throughout the last 12 months, both on our spread betting and fixed odds betting products.”

Spreadex was established in 1999 and is regulated in Great Britain by the Gambling Commission under license number 8835. It offers a wide array of betting markets and many fixed odds. It is a spread betting-focused sportsbook, which means that punters win or lose depending on the number of goals, sets, points in a game; rather than wagering on a particular outcome.

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Spreadex was the first bookmaker to provide both a fixed-odds and a spread betting section on the same platform. Due to the fierce competition against its main rival, Sporting Index, Spreadex is constantly looking for new ways to improve the betting experience. Besides holding a UKGC and FCA license I like that the bookie has added live streaming for the top sporting events as well as Bet Builder, Cash Out and Fast Markets features. It also offers a vast variety of markets monthly, both pre-match (100,000+) and live (25,000+). There is no minimum deposit and no maximum winning limit. In addition, mobile apps come in both Android and iOS versions and are really easy to navigate. However, I noticed that the overall payout of 94% in the fixed-odds zone is downright average for such an experienced bookmaker. The fact that there are no alternative handicap options in tennis is notable. I would also like to see e-wallets integrated into the site as well as the number of local payments accepted to increase. Overall, any punter who enjoys sports spread betting will discover that has the best the market can offer.

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