Betway vs Spreadex free bets

Compare the latest active welcome offers from Betway and Spreadex. Betway currently lists: Bet £10 Get £40 in Free Bets. Spreadex currently lists: Bet £10 Get £60 in Free Bets.

Winner Summary

  • Higher maximum bonus: Spreadex (£60 vs £40).
  • Qualifying spend: both currently show £10.
  • Most recently checked: Spreadex (25 Mar 2026 vs 13 Mar 2026).
  • Reward type difference: Betway is listed as free_bets, while Spreadex is listed as free-bets.

Side-by-Side Comparison

FeatureBetway logoBetwaySpreadex logoSpreadex
HeadlineBet £10 Get £40 in Free BetsBet £10 Get £60 in Free Bets
Reward typefree_betsfree-bets
Offer typewelcome_offerwelcome-offer
Max bonus amount£40£60
Min qualifying spend£10£10
New customers onlyYesYes
Last checked13 Mar 202625 Mar 2026
Offer pageView Betway offerView Spreadex offer
TermsView termsView terms
ClaimJoin BetwayJoin Spreadex

Betway logoBetway key points

  • New customers only
  • Deposit £10 by debit card
  • Place a £10+ qualifying bet
  • Minimum odds 2.0 on singles
  • Get 4 x £10 Free Bet Tokens
  • 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!

Betway logoBetway offer details

Betway Welcome Offer

New Betway customers can claim £40 in Free Bets after depositing £10 and placing a qualifying £10+ sports bet.

How it works

  • Create a new Betway account
  • Deposit at least £10 using an eligible debit card within 7 days of registration
  • Place a qualifying sports bet of £10 or more
  • For single bets, minimum odds are 2.0 (Evens)
  • For each-way bets, minimum odds are 3.0 (2/1)
  • Once your qualifying bet settles, 4 x £10 Free Bet Tokens will be credited instantly

Free Bet breakdown

  • £10 Bet Builder Free Bet – minimum odds 4.0, minimum 4 selections
  • £10 Bet Builder Free Bet – minimum odds 4.0, minimum 4 selections
  • £10 Acca Free Bet – minimum odds 4.0, minimum 4 selections
  • £10 Acca Free Bet – minimum odds 4.0, minimum 4 selections

Key terms

  • New customers only
  • Available to residents of the United Kingdom
  • Minimum deposit: £10
  • Deposit must be made within 7 days of registration
  • Debit card deposits only
  • Minimum qualifying bet: £10
  • Single bet minimum odds: 2.0 (Evens)
  • Each-way bet minimum odds: 3.0 (2/1)
  • Free Bet Tokens expire 7 days after being credited

Payment restrictions

Only valid debit card deposits qualify.

No other payment method will qualify, and certain card providers are excluded under Betway's terms.

Free Bet restrictions

  • Free Bet Tokens cannot be used on multi-line multiple bets such as Trixies, Patents or Yankees
  • Free Bet stakes are not returned with winnings
  • If a Free Bet selection is later voided, the stake is returned as a Free Bet
  • Redeemed Free Bets do not count towards qualification for streamed events

Important note

If your qualifying bet settles as void, a push, or a non-runner, the stake must be wagered again on another qualifying bet before withdrawal.

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 £40).

Betway 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.