As we creep closer to the Cheltenham Festival 2024, many people are starting to look for a good online sportsbook to place their bets on. If you’re looking for a new sportsbook to add to your repertoire or just on the hunt for something different, Spreadex could be the sportsbook for you!
Spreadex is a bookmaker focusing on spread betting, providing a wide range of spread bet options alongside the more standard fixed-odds bets we’re used to. We’re going to take you through the highs and lows of Spreadex to help you decide if it’s the right sportsbook for you! We’ll also walk you through the welcome offer and how to claim it, so stay tuned!
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Spreadex Cheltenham Welcome Offer: Bet £10 Get £40 in Free Bets
When you register a new account with Spreadex, you can claim the fantastic signup offer just in time for Spreadex Cheltenham betting! This welcome offer will grant new punters £40 in free bets when you wager at least £10! Bonus bets will be awarded in two stages after the qualifying bet has been settled. In total, you’ll receive two £10 fixed odds bet tokens and four £5 spread bet tokens so you can play around with both sides of the sportsbook! This particular offer is perhaps one of the best Cheltenham betting offers available!
How To Claim The Spreadex Cheltenham Welcome Offer
How exactly do you claim this fantastic bonus? We’ll take you through registration and claiming your bonus step by step so you can get betting in no time!
- Use our link to reach the Spreadex website.
- Click ‘Join here’ or ‘Open an Account’ to begin registration.
- Fill in your details such as your name, email, date of birth, and country of residence and will require you to come up with a unique username and password.
- Once you’ve confirmed your account, verify it as soon as possible. This can be a long process, and starting early can spare you grief later down the line.
- Make your first deposit of at least £10.
- Make your qualifying wager of at least £10.
- Wait for your bet to settle, then claim your first round of bonus bets.
- The second half of your bonus will be credited to you 24 hours later. Be sure to use them within 28 days, or else they will be forfeited.
Spreadex Cheltenham Welcome Offer: Bet £10 Get £40 In Free Bets Pros & Cons
| Pros ✅ | Cons ❌ |
| The bonus gives you the chance to experiment with spread bets with lower risk | Spread bets are risky — you can lose more money than you stake |
| Bonus bets have four weeks to be used, much longer than your average welcome bonus | Bonus isn’t awarded all at once — you have to wait 24 hours for the second half to be credited to your account |
| Bonus bets are rewarded regardless of the qualifying wager’s outcome | |
| Spreadex offers one of the highest-value welcome bonuses — £40 is more than standard | |
| Free bets are always a good thing! — you don’t get the stake back, but any winnings are yours to withdraw |
Spreadex Cheltenham offer Terms and Conditions
T&Cs: 18+ begambleaware.org. Spread betting losses can exceed deposit.
Types Of Spreadex Offers & Promotions
Beyond just the welcome offer, Spreadex offers a range of other ongoing promotions you can scoop up while betting on the Cheltenham races. Here’s a little glossary for your convenience:
Cheltenham Free Bets
All the best sportsbooks bring special event-specific offers when the year’s best fixtures come around. Cheltenham is at the top of the pack when it comes to big events, so you know you’ll find some great offers in the lead-up to and during the Cheltenham Festival.
Any free bets you bag from these deals will be for exclusive use on Cheltenham Festival races and can usually be used freely across the 28 races. At Spreadex, this is particularly exciting as so many races taking place at once allow for a lot of freedom in terms of the betting cards you can put together. Free bets with low risk allow you to branch out and have fun with them.
‘2nd To A Rag’ Insurance
Everyone loves a good underdog story, where the runner who had all the odds stacked against them pulls ahead to take the victory. Well, everyone except for the bettors who were backing the favourite and just lost spectacularly. That’s what 2nd to a Rag insurance is for. It’s an offer at Spreadex that will return the stake for any bet backing a runner that comes second to a horse with odds of 33/1 or greater. The stake is returned as a free bet that you can use on a new wager.
First Past The Post
This deal is a type of betting insurance, much like the above. It’s a promise from Spreadex that if the first racer to cross the finish line is later demoted for causing interference, the sportsbook will honour winning bets on both the original and the new winner. This can spare you that disappointment from getting excited as the racers ‘pass the post’ only to later find out your win was lost on a technicality. This deal applies to all fixed odds races in the UK and Ireland.
Odds Boost
These are standard across all quality sportsbooks, and Spreadex is no exception. Odds boosts temporarily enhance the odds on a given wager, artificially “lowering” the odds to increase the payout. This doesn’t affect how likely your wager is to win, just how much money you could potentially win from it (to a point, these deals have upper limits). Odds boosts change frequently, often multiple times a day, so if you see a good one, you shouldn’t sit on it.
Lucky Double Odds
This deal is specific to bettors placing a Lucky 15, 31, or 63 bet, which are types of multi-bets. Lucky bets are different from most other multi-bets, like an accumulator or a Yankee, as they’ll start to pay out even if only one part of the bet wins. A lucky double odds deal is in place specifically for that situation: where only one part of a lucky bet wins. In that case, Spreadex will double the odds for that one winning bet to increase your payout!
What To Use Your Free Bets On At Cheltenham 2024
There are 28 races held across the Cheltenham Festival, and you can use your free bets from Spreadex to bet on any of them! However, the Cheltenham Festival is well-known for a few of the highest-profile fixtures in the international racing calendar. Let’s take a closer look at these races, their history, and the early favourites for each.
Gold Cup Free Bets
When we think of the Cheltenham Festival, the race we’re all most excited about is always the Gold Cup. This is one of the most prestigious jump races in international horse racing and the cup itself is an iconic symbol of racing excellence. Many jockeys and trainers dream of having their photo taken holding the cup, and we’re eager each year to see who’ll take it!
The popularity of this cup naturally lends itself to a vast betting scene, so you know you’ll get some interesting action if you choose to use your free bets on the Gold Cup. Especially in 2024, as the Gold Cup celebrates its 100th anniversary!
The Gold Cup race is held on the fourth and final day of the Cheltenham Festival, which will be the 15th of March, starting at 15:30. The current favourite for the Gold Cup is Galopin Des Champs.
Queen Mother Chase Free Bets
Originally called the National Hunt Two-Mile Champion Chase, this race is now recognised as one of the most prestigious steeplechases in British racing. It’s a shorter race, with a distance of just under two miles, and is the leading minimum-distance race currently in the National Hunt calendar.
You can catch the Queen Mother Chase on the second day of the Cheltenham Festival, Style Wednesday, 13th March, at 15:30. The current favourite for 2024 is El Fabiolo.
Champion Hurdle Free Bets
Following the trend, The Champion Hurdle is another of the most prestigious racing events in the international racing calendar. In fact, it’s probably the most high-profile hurdle event worldwide. It’s a shorter race at just 2 miles and half a furlong and has been held for almost as long as the Gold Cup, with the first race run in 1927.
The Unibet Champion Hurdle Challenge Trophy is the fourth race to be held on the festival’s first day. So you can watch it at 15:30, Tuesday 12 March. The current favourite runner is Constitution Hill.
Ryanair Steeple Chase Free Bets
This is one of the younger races on the Cheltenham racing card but is no less recognised. It was first run in 2005, meaning it isn’t even two decades old, but it stands as the signature race of the third day of the Cheltenham Festival.
While some might discredit it as a race for horses that aren’t fast enough for the shorter races but don’t have the stamina for the long-distance races, we look at the Ryanair Steeplechase as one of the best intermediate races for the all-rounders to really show their stuff.
The Ryanair Steeple Chase will be held on St Patricks Thursday, the third day of the Cheltenham Festival. This is the 14th of March, and it runs at 14:50. The current favourite runner is Allaho.
Stayers Hurdle Free Bets
The Stayers Hurdle race is a long-distance hurdle race, and while it did not quite make the cut as one of the Cheltenham Festival’s feature races, it is still a highly competitive Grade 1 competition. It is older even than the Gold Cup, the first race run in 1912, and is regarded as the ultimate test of stamina for the top runners in the business.
The Stayers Hudle will be the fourth race on the third day of the Cheltenham Festival, 14th March, at 15:30. The favourites for the Stayers Hurdle in 2024 are currently Irish Point and Teahupoo.
Can I Livestream Cheltenham Festival 2024 through Spreadex?
Players will always want to keep up to date with their bets, see how the horses are progressing, or maybe just want to enjoy some top-quality horse racing action! Lucky, players registered with Spreadex are able to livestream all races at the 2024 Cheltenham Festival!
Spreadex: An Expert Review
We have been over everything Spreadex has to offer, but what about our true thoughts? We consulted our experts for their opinions, and this is what they had to say.
What We Like About Spreadex
Spreadex is a sportsbook that steps out of the gate with a lot of feathers in its cap. It was always going to catch an expert’s eye thanks to its unique focus on spread betting. It stands out a little from the crowd, and that is usually enough to draw attention. But what’s actually impressive about it is that it manages to juggle the spread betting side of the sportsbook with the more traditional fixed-odds half.
We’d usually be inclined to criticise a site like this for not picking a niche and perfecting it, but Spreadex effectively pulls off the jack-of-all-trades act, providing a solid dual sportsbook. This is not quite so surprising when we consider the company’s background in finance trading, which gave this sportsbook an excellent foundation to build off when it launched in 2006.
While there are naturally many other strengths we could detail, in the interest of brevity, we will call out just two of the site’s more important features. First, we were pleased with the bet builder, a necessity for an effective spread betting site. These wagers can quickly grow complicated, so Spreadex was always going to need some kind of function for punters to keep track of it all, and the one it provides is top-notch. And second, Spreadex boasts native mobile apps for its sportsbook. Mobile adaptability is something no business can afford to skimp on nowadays, and Spreadex rises to the challenge admirably with well-laid-out and responsive apps free to download on both iOS and Android.
How We Think The Site Could Be Improved
No site is without its flaws, even a site as solid as Spreadex. Most notably, we took issue with the limitations on payment methods. It supports debit cards, cheques, and DBT, but the internet is dominated by electronic payments nowadays, so not supporting any kind of e-wallet, especially something like PayPal, feels a little shortsighted. Less pressing but still worth discussing is the absence of some top deals or a VIP scheme. We noticed that Spreadex does not have any ‘Best Odds Guaranteed’ deals, which are standard on horse racing bets for its competition. A good loyalty programme rewards customers for returning to a site and encourages them to bet even when the odds might be better with a competitor.
FAQs
Is Spreadex a safe site?
Yes. Spreadex employs encryption security across its whole site and is licenced by the UK Gambling Commission, so you know it protects its users and treats them fairly. However, all betting brings inherent risks, so always check your personal safety before engaging with online gambling.
Can you watch Cheltenham on Spreadex?
Indeed! Cheltenham Festival and all other major horse racing events are accessible for live streaming on Spreadex. As a matter of fact, some races are exclusively available for streaming on bookmakers’ websites like Spreadex.
What is the Spresadex bonus?
Sign up with Spreadex today to receive £40 in free bets when you wager £10 or more. These free bets are rewarded as two £10 fixed odds betting tokens and four £5 spread betting tokens.
Does Spreadex offer cash out?
Indeed! Like a lot of other leading sports betting websites, Spreadex lets users pay out their wagers in the middle of a race.
