Betfred vs Spreadex free bets

Compare the latest active welcome offers from Betfred and Spreadex. Betfred currently lists: Bet £10 Get £50 in Free Bets. Spreadex currently lists: Bet £10 Get £60 in Free Bets.

Winner Summary

  • Higher maximum bonus: Spreadex (£60 vs £50).
  • Qualifying spend: both currently show £10.
  • Most recently checked: Spreadex (25 Mar 2026 vs 13 Mar 2026).
  • Reward type difference: Betfred is listed as free_bets, while Spreadex is listed as free-bets.

Side-by-Side Comparison

FeatureBetfred logoBetfredSpreadex logoSpreadex
HeadlineBet £10 Get £50 in Free BetsBet £10 Get £60 in Free Bets
Reward typefree_betsfree-bets
Offer typewelcome_offerwelcome-offer
Max bonus amount£50£60
Min qualifying spend£10£10
New customers onlyYesYes
Last checked13 Mar 202625 Mar 2026
Offer pageView Betfred offerView Spreadex offer
TermsView termsView terms
ClaimJoin BetfredJoin Spreadex

Betfred logoBetfred key points

  • New customers only
  • Deposit and bet £10
  • Minimum qualifying odds 2.0 (Evens)
  • Get £50 in Free Bets
  • Includes £30 standard Free Bets and £20 Acca Free Bets
  • Free Bets expire after 7 days

Spreadex logoSpreadex key points

  • New customers only
  • Bet £10 on a fixed odds single or £10 each-way bet
  • Minimum odds 1/2
  • Get £60 in Free Bets after your qualifying bet settles
  • Includes 3 x £10 free fixed odds bets
  • Includes 3 x £5 Total Goals football spread bets, 3 x £5 Winning Favourites spread bets and 1 x £1 Race Index spread bet
  • Get up to 100% cash boost on your Acca bet winnings!

Betfred logoBetfred offer details

Betfred Welcome Offer

New Betfred customers can claim £50 in Free Bets after placing a qualifying first bet of £10 or more.

How it works

  • Register a new Betfred account
  • Deposit at least £10 within 7 days of signing up
  • Place your first bet of £10 or more at odds of 2.0 (Evens) or greater
  • Once the bet settles, £50 in Free Bets will be credited within 24 hours

Free Bet breakdown

  • £30 in Free Bets to use on any sportsbook markets
  • £20 in Free Bets to use on 4+ selection accumulators

Key terms

  • New customers only
  • Qualifying bet must be your first bet
  • Minimum odds 2.0 (Evens)
  • Bet must settle within 7 days of registration
  • Free Bets expire 7 days after issue

Payment restrictions

Qualifying deposits must be made using:

  • Debit card
  • Apple Pay linked to debit card
  • Truelayer (Instant Bank Transfer)

Other payment methods may not qualify.

Important note

Free Bets are non-withdrawable and the stake is not returned with winnings.

Spreadex logoSpreadex offer details

Spreadex Welcome offer

New customers can get £60 in Free Bets when they place a qualifying £10 fixed odds single or £10 each-way bet at minimum odds of 1/2 and wait for the bet to settle.

How it works

  • Register a new Spreadex account and verify your details if required
  • Place a £10 fixed odds bet or £10 each-way fixed odds bet at odds of 1/2 or greater
  • The qualifying bet can be placed pre-event or in-play but cannot be cashed out early
  • After settlement, receive 3 x £10 free fixed odds bets, 3 x £5 Total Goals football spread bets, 3 x £5 Winning Favourites spread bets and 1 x £1 racing Race Index spread bet
  • The second and third batches of the £10 fixed odds bet and £5 spread bets are credited 24 hours apart on consecutive days

Key terms

  • Available to new customers only, aged 18+, residing in Great Britain and Republic of Ireland
  • Offer can be used once per customer
  • Only the win part of an each-way bet counts towards the qualifying amount
  • Qualifying bets must be at minimum odds of 1/2
  • Offer cannot be used with any other Spreadex offer

Free Bet details

  • Fixed odds reward is 3 x £10 free fixed odds bets
  • Spread rewards are 3 x £5 Total Goals football spread bets, 3 x £5 Winning Favourites spread bets and 1 x £1 racing Race Index spread bet
  • The first reward batch is credited after the qualifying bet settles, with later batches credited 24 hours later and another 24 hours later
  • Free bet stakes are not returned with winnings from free fixed odds bets
  • Free bets expire after 28 days if unused

Payment restrictions

The source terms do not state any specific payment method exclusions for this offer. A full spread betting account is required to access the spread bet elements.

Exclusions

  • Cashed out bets do not qualify
  • Reopened accounts do not qualify unless otherwise stated
  • Customers ineligible for promotional free bets are also ineligible for this offer
  • No staff member, relation or partner of any spread betting or fixed odds bookmaking firm is eligible

Important note

The spread bet part of this promotion is only available to customers with a full spread betting account, and spread betting losses can exceed your deposit.

Verdict

Spreadex currently has the higher maximum free bet value (£60 vs £50).

Betfred and Spreadex use different reward formats (free_bets vs free-bets), so check how each free bet can be used before choosing.

Always read each bookmaker's full terms before signing up.