Betdaq Review: Taking a Critical Look at the Reputable Exchange

Betdaq Welcome Bonus & Offers

In the vibrant world of online betting, bonuses and promotional offers play a crucial role in boosting your potential winnings. The following section delves into the enticing array of bonuses provided by Betdaq, tailored specifically for UK players.

Cashback Explained

If you’re eyeing up Betdaq as your next betting exchange, they’ve got a welcoming handshake that’s pretty hard to resist. By using the promo code DAQBACK when you sign up, you’ll get a sweet deal where your first month’s commission is given back to you as cash, up to a whopping £1,000.

It’s a great way of giving you a nice cushion to explore what Betdaq has to offer without the usual commission fees nibbling away at your winnings. Remember, this offer’s on the table for newbies aged 18 and over who deposit via debit card.

The offer applies to your first 30 days and once you’re in, any commission you pay during your first month is refunded up to £1,000, landing in your account within 72 hours after your first month ends.

How to Get the Welcome Bonus

Claiming the bonus is a simple process, but to make sure you don’t miss out on any of the benefits, we’ve laid out a step-by-step guide to walk you through claiming your bonus. From using the right promo code to understanding the key conditions, follow these straightforward steps:

Ongoing Betdaq Promotions

Beyond the enticing welcome offer, Betdaq is buzzing with a variety of ongoing promotions. From reduced commission rates to special cashback deals on certain bets and events, there’s always something to enhance your play. These promotions are frequently updated to align with major sports events or seasons too.

An Overview of the Betting Options

Compared to other sites Betdaq stands out with its vast array of betting options, boasting around 16,000 choices daily across a wide range of sports. With such a selection, there’s something for everyone. Dive into the sections below to explore the specific sports markets and betting opportunities Betdaq offers.

Pros and Cons of Betdaq

When considering Betdaq as your choice for online betting, it’s essential to weigh its advantages and disadvantages to make an informed decision. Take a look at the pros and cons below:

Pros

• Great Odds
• Fantastic Mobile App
• Easy & Fast Withdrawals

Cons

• No Live Streaming
• Commission of 5% charged

Sports Markets and Betting Options

All in all, when you bet at this exchange, you can expect around 22 or more sports available for you to trade stakes on every single day. A whole bunch of awesome sports can be expected when you use the Betdaq service.

From football to horse racing to golf to cricket, nearly everything that can be expected is represented here. To help you get an idea of what to expect, we have created a table detailing the markets for you below. Remember to check out their latest free bet offers when signing up for an account.

The main sports available at Betdaq are football, tennis, cricket, golf and rugby. For each of these many different tournaments are available. The best UK football betting sites are some of the most popular, with bets available for the Champions League, World Cup, international friendlies, Premier League, Bundesliga and more.

In addition to football, tennis is also well represented, allowing you to wager on competitions such as ATP and WTA matches, the Australian Open, the US Open, the French Open, and, of course, Wimbledon. You can also place wagers on sports as diverse as greyhound racing, rugby union, ice hockey, snooker, darts, basketball, boxing, mixed martial arts and even virtual sports.

Betdaq shines as a premier destination for horse racing betting and boxing betting, hosting daily races and significant events like the Melbourne Cup, Grand National, and Epsom Derby. It’s a global arena, featuring races from the UK, Ireland, South Africa, Dubai, and the US.

Beyond sports, Betdaq offers betting on special events, including TV show outcomes, elections, and more. As a top boxing betting sites, it also covers major bouts, providing special markets for each fight.

In-Play Betting and Live Streaming

Everyone loves the thrill of placing bets before an event kicks off, but it’s in-play betting where the real action is, offering punters the exhilaration of betting as the action unfolds. We’re thrilled to let you know that Betdaq offers an extensive sportsbook for live betting across a variety of events.

From nail-biting football matches to tense snooker tournaments and prestigious golf competitions, Betdaq has your live betting needs covered. However, it’s a bit of a letdown that live streaming isn’t available yet. We’re optimistic Betdaq will introduce this feature soon, enhancing their offerings even further.

Betdaq Betting App

For the dedicated bettor, the Betdaq mobile app is a crucial tool, especially for those managing a diverse portfolio of bets or engaging in live betting. The convenience of mobile access is indispensable for staying connected to the exchange and sportsbook efficiently.

Betdaq ensures exceptional value and swift navigation across its platform, making it a top choice for serious players looking to optimise their betting strategy. Downloading the app from the app store couldn’t be simpler, with an abundance of operating systems supporting these mobile gambling apps – you can download for iPhone and Android.

Multiples Betting Options

Multiple betting is a great option for people who want to make a lot of money through just a small wager as the odds can be so much higher. For users of Betdaq, they will be happy to know that multiple betting options are not just supported on the site, but encouraged!

Betdaq simplifies the betting process with its handy “Multiples” feature, easily found on the left side of the page. Just a click transforms your betting slip, allowing you to combine multiple selections into one compelling bet. It’s innovative offers like this that truly set Betdaq apart in the bustling world of betting exchanges.

Bet & Win Limits

In the world of online betting, the flexibility to bet with both high and low stakes is crucial. This is where gambling sites in the UK excel by offering this flexibility, and Betdaq is no exception, providing some of the most competitive rates around.

With a minimum bet of about £2 Betdaq ensures accessibility. Meanwhile, the sky’s the limit for maximum stakes, allowing punters to go as big as they want. Remember, the minimum deposit is £10, but impressively, there’s no cap on how much you can withdraw, giving you the freedom to access your winnings without restrictions.

Betdaq Odds Levels10

When it really comes down to it, the most important thing in the betting world are odds levels. Knowing that you have the best value for your buck can be the difference between a good betting experience and a great one. Thankfully for users of Betdaq, you can expect the best odds levels in the business, with some markets even going up to the hallowed 99%.

This is because it is an exchange, so the bookmaker makes its money through commission instead. When you start with Betdaq you can expect commission of around 5%, but this will go down the more bets you place with the company, with the opportunity to get the rate all the way down to 2%.

To help you understand the different odds levels for each individual sport, we have created the above table for you. When it comes to football, one of the biggest markets around, you can expect awesome odds of between 97.82 – 99.06%. Conversely, cricket is also very popular, with odds between 85.79 – 99.51%.

And for those of you who like to bet on horse racing, you won’t be disappointed. The odds are between 88.90 – 95.86%. Equally, snooker fans will love it at Betdaq. The odds are between 85.58 – 99.13%.

Accepted Payment Methods at Betdaq

Navigating the payment options at Betdaq is a breeze, and our handy table below lays it all out for you. Whether you’re depositing funds or cashing out winnings, our comprehensive guide details every method available, ensuring you find the perfect fit for your financial preferences.

*Limits may apply from the payment processor themselves.

While not the most extensive selection of payment methods, the most popular are covered. My personal preference leans towards PayPal. It strikes the perfect balance between security, convenience, and speed. For anyone considering their payment method at Betdaq, I highly recommend PayPal. Just remember to claim the welcome bonus you must use debit card!

Betdaq UK Platform 7

The Betdaq UK platform is one of the best of the business, fully optimised to make sure that you have the smoothest betting experience possible. They utilise a unique purple and white aesthetic that really makes them stand out amongst a difficult crowd.

The website is designed for effortless navigation and quick access. Right off the bat, you’re welcomed by the exchange page, showcasing in-play events and top picks at your fingertips. Finding your preferred sports is a breeze too, thanks to the A-Z list on the left side of the page.

Moreover, the option to place multiples bets, conveniently located at the top and left side, enhances the betting experience. Navigating through the betting exchange has truly never been more straightforward.

What Betdaq also do to fully help you have the best time on their site is have a popular links section on the sidebar. From there you can see all the things they like to prioritise, such as horse racing, the next greyhound race, soccer, the latest NFL week, in-play, virtuals, racing results and any other popular sporting event at that time.

Once you have placed a bet, something we will try and explain to you in more detail in the section below, you can see it play out on your betslip on the right. Another really cool thing that they do is embed their Twitter feed into the page so you can see all their latest tips as they are posted in real time.

How to Place a Bet

Placing a bet with Betdaq couldn’t be more straightforward. Their interface is intuitively designed for ease. Start by ensuring you’re registered and have funds in your account. Then, head to the homepage, where a variety of markets await to kick things off.

Next, navigate to the sports A-Z on the left to select your preferred sport. Dive into that sport to discover your ideal market, then scroll to find your chosen league or competition. Once you’ve landed on the event you’re interested in, the steps below will guide you through the rest of the process. Betdaq makes it easy every step of the way.

• [1] Make Your Selection(s)Find the selection that you want to bet on at Betdaq. This should be easy considering they have thousands of betting options.
• [2] Enter Your Stake AmountEnter the amount of money you want to stake. Remember to only bet money that you think you are prepared to lose.
• [3] Confirm Your Selection(s)After you have carefully considered your wager, simply confirm your selection by pressing the Place Bet button.

Once you pick the stake you want, it will be added to your betslip on the right hand side of the page. From there you will be given the opportunity to see how much potential money you might win. Take your time to review the bet, make sure that it’s a good choice for you. From there simply click the “Place Bet” button and your bet will go through.

Additional Company Info

Having explored the ins and outs of Betdaq’s betting exchange, it’s time to shift our focus to the company behind the platform. Continue reading to dive deep into Betdaq’s backstory, its rise to prominence, and the reasons it stands out as one of the premier betting operators.

The Betdaq Business

Betdaq operates under the trading name of Global Betting Exchange Alderney Limited and was established in the year 2000 by the visionary Irish entrepreneur, Dermot Desmond. Desmond’s innovative idea was to revolutionise the betting industry by eliminating traditional bookmakers, thereby allowing punters to bet directly against each other.

Today, Betdaq proudly holds the second-largest market share in the global betting exchange market, capturing 7%, just trailing behind the market leader, bet365. For a more detailed look into Betdaq and what it offers, be sure to check out the informative table we’ve prepared below.

The product team at Betdaq have created something that resounds well with punters across the UK. Not only has a gained vast amounts of market capitalisation in recent years, but has started to squeeze out the lesser competition. We fully expect this operator to continue in this vain and become a leading betting exchange site in the UK.

Brilliant Customer Service7

When you are betting online, it is essential that the customer service is second-to-none. When you use Betdaq, you can expect some of the highest quality across the betting world. They can be contacted in a whole variety of ways.

You can send them an email, or ring them up over the phone. Additionally, from 10am – 8pm you can contact them via live chat. Sadly, unlike Ladbrokes it is not 24/7, but when contacting them we found them to be immensely helpful.

Licensing & Security7

In accordance with UK law, all bookmakers need to abide by a series of rules if they are to be properly accredited. Betdaq is a fully-licensed betting exchange, holding a licence with the UK Gambling Commission. In addition to this, they are licensed and regulated by the Gibraltar Gambling Commission.

Betdaq’s commitment to countering the potential downsides of gambling is highlighted by their partnership with GamCare, a move that underscores their focus on fairness and responsible gambling.

Their dedication to security is equally impressive. By encrypting all transactions, Betdaq ensures that your payment information remains confidential, safeguarding your financial details. The implementation of a robust Know Your Customer (KYC) process, requiring ID verification, serves a dual purpose: it prevents underage gambling and combats money laundering.

Additionally, should any issues arise, Betdaq offers a direct line to the esteemed Independent Betting Adjudication Service (IBAS), providing an extra layer of reassurance through the possibility of an impartial audit on any disputes. This comprehensive approach to customer care and security clearly sets Betdaq apart in the betting exchange landscape.

Bonus Points6

Bonus points may not be the main reason to go to a betting exchange in the first place, but they are still an important part of the betting process. We gave them a reasonable 6/10 for their bonus points. Please take a look below to see what special markets we gave them points for.

• Live Streams.0/3
• Sponsorship.2/3
• Awards.2/2
• Extra Markets.1/1
• Bonuses.1/1
• Bonus Points.6

Although six out of ten doesn’t seem that great, there is a clear rationale behind the choices we made. We couldn’t give them any points for their live streams for one very simple reason: they don’t have any. This is a mighty shame but we believe it is something that they will introduce in the future.

In addition to this, we could give them 2 out of 3 points for sponsorship as they are keen sponsors of Kempton Park Racecourse and Charlton Athletic. As for awards, due to the wide variety of honours bestowed upon them throughout their many years of service, it wasn’t hard to give them full marks.

Equally, we felt obliged to give Betdaq full marks for its extra markets due to the wide plethora of special television bets that they offer. All in all, this gives them a decent six out of ten.

Betdaq Betting: a Great Trading Experience

Now we have come to the end of our Betdaq review. I’ve come away more than impressed—it’s clear to me that they stand tall as one of the premier betting platforms out there. Are you feeling the pull towards Betdaq? Maybe it’s time to jump in and open an account. With their standout odds, a wealth of betting options, a sleek mobile app, and a vast array of sports markets, they’ve truly crafted a winning formula.

We’ve laid out the strengths and weaknesses in the table above to give you a clear snapshot of what Betdaq is all about. As you can tell, the platform has a lot to offer. Feeling like Betdaq might be the right fit for you? Signing up is a breeze. And if for any reason Betdaq doesn’t click with you, no worries at all—just head back to our homepage for more options.

Q&A/FAQ

Please let us know if you have any further queries in regards to the review of Betdaq sports betting, we can be contacted via email at info@bestbettingsites.com for deeper clarification.

How much commission is charged on my transactions at Betdaq?

The initial commission is 5%, but if you bet regularly this can go down to 2%.