There are very few things that are more satisfying to a punter than a fresh gaming experience that brings back the excitement of their first few bets. If you’ve never tried exchange betting, then perhaps the platform provided by Betdaq could be a starting point. The bookmaker is the second-largest bet exchange operator in the world and provides a vast range of markets for a modest variety of sporting events. They also have a very low commission rate, which means bettors get more from their winning bets. You can access the online betting site on-the-go using almost any current mobile device.
Betdaq was founded in 2000 and was purchased by Ladbrokes in 2013, so it’s not by any means among the new sports betting sites UK. They are, therefore, now backed by one of the most prominent groups in the betting industry and by default have improved the overall quality of their betting product. The bookmaker operates under the parent company’s licenses from the Gibraltar Gambling Commissioner and the UK Gambling Commission.
They are also a member of the Independent Betting Adjudication Service (IBAS), which provides their customers with fair recourse, in the case of disputes. Betdaq also elevated themselves in the public eye through sponsorship deals with football teams like Fulham F.C and Charlton Athletic. The formula is one that most punters appreciate, especially since football is one of the many pastimes we Brits fully enjoy.
Another one of the ir main sports are cricket, where they offer a huge range of bets, making them an excellent option for you to make use of the cricket betting tip you can find here on Bet.xyz!
The impression you get when you make your first online login to betdaq.com is that the website is well designed, very clear, and easy to read. You won’t find any distracting animations or any other clutter on the Betdaq online betting homepage. Based on several Betdaq reviews, the purple colour scheme, with plenty of white space makes this one of the best-looking betting websites on the market. Players can register for an account by clicking the Join Now tab, which is just beside the Betdaq login tab, on the top right corner. You can then log in and choose between the Betdaq casino, Betdaq betting exchange, mobile, promotions, trade tools, and tips. You can do this from the purple horizontal menu on top of the homepage. The tips are very valuable to players who are betting on an exchange platform for the first time.
Just below the horizontal menu, you can also select between in-play, Betdaq football, horse racing, virtuals, and cash-out. A variety of Betdaq games from the most prominent and popular markets are located in the middle section of the page. These markets are categorised by tournament, and you can collapse or expand each section to reduce clutter. Live games are displayed on the top and players can bet and watch events using the streaming service.
To the left of the age, you’ll find a list of links for the most popular markets and sports. You can also find football statistics, racing results, and racing replays. If you are not sure which sport to start with, you can bring up a full list of Betdaq sports by clicking on the Sports tab further down the left side of the page. On the right side of the Betdaq online betting site, you can find a display of some of the slots available in the casino section as well as virtual sports links. There is also your bet slip and a handy link to contact customer support via live chat. The bottom part of the website is reserved for the traditional useful links and display of responsible gaming information, payment methods, and affiliations. Continue reading this Betdaq review to learn more on what makes this one of the best betting sites. In the very least, this will give you insight of whether this is a sports betting platform you can add onto your list.
As they already offer some of the best odds that you won’t find on fixed betting websites, receiving bonuses and promotions on a betting exchange site is just the icing on the cake. As a new customer on Betdaq, you qualify for not one, but three welcome offers. The first Betdaq welcome bonus is a:
- Bet £10 get £10
A promo code is also required for this bonus offer along with a £10 deposit. Players have to place their first bet within 14 days after they log in for the first time. The free bet is valid for seven days and deposits made using Paypal, Neteller or Skrill are not eligible. All bets need to be 2.0 or higher. A similar Betdaq free bet bonus exists for virtual sports for all customers.
- 5% cashback of total net losses, up to £5,000
To access this Betdaq bonus, players have to place at least five bets before thirty days after their first desktop or mobile login. The cashback offer kicks in if you lose more than £50 or more from those first five bets. A Betdaq promo code is required.
- up to £1,000 in cash as a first month’s commission
A bonus code is also a requirement for this bonus offer. There are no wagering requirements, but the standard 2% commission rate applies.
This bookie is not exactly known for its on-going free bets for existing customers, but players will receive Betdaq free spins to play on the casino. Players can also take advantage of the best odds guaranteed promotion that’s offered on all UK and Irish horse races. A Betdaq no deposit bonus is currently not available.
If you like to bet on the move using your tablet or smartphone, you can download the Betdaq app. The app is available for both Android and iOS devices. Players can use the app to access the full range of betting services, including making payments, in-play bets, and live streaming. You can download the Android app from the desktop or mobile sites, and the iOS app from the Apple App Store. As everything to do with exchange betting is fast-paced, punters can also receive notifications, so they stay up-to-date on the bets. There are also phone numbers where players can text Betdaq to make the download process even simpler.
If you think that downloading a dedicated app is too much of a bother, you can use the Betdaq mobile website, which is available for Android, Windows mobile, iOS, and Blackberry users. The mobile site mimics the design and features of the desktop site. Players can log in to the mobile site using their mobile device’s native browsers like Chrome, Safari, and Firefox. If you’d like to log in quicker, you can place a shortcut to the mobile website on your device’s home screen. While the mobile site offers excellent functionality and usability, you can also read an in-depth guide to how it works on the mobile tab at the top of the website’s homepage.
Betdaq Betting Markets and Software
The Betdaq sportsbook has a lot of betting markets to offer. Players can lay or back bets with one of the lowest betting exchange commission rates in the market. At the time of writing, the bookie is offering 0% commission on all sports, except horse racing, football, cricket, and greyhounds. This is good if you’re going for a sports betting strategy that includes betting on minor sports. Unlike smaller betting exchanges, the backing from Ladbrokes provides Betdaq with adequate liquidity across the vast range of markets that they offer. Players can bet on around fifteen sports with varying depth of markets. Additionally, you can find markets for politics and virtual sports like fantasy football.
The most popular betting markets are football and horse racing. Punters can bet on major international events like the World Cup, as well as smaller and more obscure leagues. You will also find a wide range of races to bet on, both from the UK and abroad. Betdaq UK is also known for its comprehensive markets on American sports including baseball and American football. The betting exchange operator also covers a wide selection of sporting events from other parts of the world, including Gaelic football, handball, hurling, basketball, boxing, darts, and various forms of motor racing. It’s highly doubtful that bettors will struggle to find a sport that they can bet on. Did you know that we help you with the latest tips for choosing the right bets? Bet.xyz offers everything from golf tips, to more obscure sports, including darts betting tips.
A betting exchange allows punters to define their odds, which often results in you getting pretty good odds. If you’ve never bet on a betting exchange before, you might want to go through the comprehensive training guides before making any wagers. You’ll be surprised by how quickly the odds move, especially on the run-up to an event. This is where the Betdaq live betting and cash-out features save the day. Punters can get in and out of bets at the click of a button. Comprehensive stats running alongside the market selections enable punters to make smarter bets.
You can access the Betdaq streaming service on the mobile version of the site. The streaming service is, however, available for a limited number of events. If you need a breather from sports betting, you can access the casino from a tab located at the top of the homepage and try out a few Betdaq slots. Unfortunately, there is no Betdaq live casino, but they do offer exclusive table games.
Deposits and Withdrawals
The payment options available at Betdaq are pretty straightforward. You can make deposits using the following options:
- Bank Transfer
The minimum possible deposit is £10. All deposits are instant and free of processing fees. You can use the same payment options to cash out your winnings. The minimum withdrawal is £1 for PayPal and Neteller, and £10 for the rest of the payment options. Withdrawals are also free, but the processing time depends on which method you use. All withdrawals are subject to security checks, and take 24 hours to be processed.
After the 24-hour processing time, Visa and MasterCard payments take 2-5 banking days to reflect in your account. E-wallet withdrawals take an extra 24 hours, and Bank transfers take 1-5 working days. While any bookmaker needs to offer excellent customer support, it is even more for betting exchanges.
Being new to the betting exchange creates many scenarios where questions arise. And so, you’ll be pleased to know that there is a well-trained team of customer support representatives that are available 24/7 to assist you if you run into any challenges. Players can access customer service via live chat, email, or telephone.
Betdaq seeks to ensure that all its customers enjoy a safe and responsible gaming experience. They recognise that sports betting can become a problem for a small proportion of the betting community, and aim to minimise the risk of compulsive and underage gambling. The bookmaker takes extra measures to verify that all its customers are over 18 years of age. They also encourage parents to monitor and restrict their children’s online activity using filtering software like CYBERsitter.
Apart from providing advice and support, the sports betting site offers a variety of tools that you can use to stay in control of your betting activity. These tools include:
- Deposit and stake limits – Punters can set daily, weekly, or monthly limits on the amount of money that they can deposit or wager. These limits help you to stay in control of your betting budget and avoid chasing losses. You can review these limits downwards instantly, but have to wait for 24 hours for any increase requests.
- Time Out – You can choose to take some time out from online betting for a set period. Your account will be frozen until the time-out period has passed. You, therefore, won’t be able to log in and access your account manager to make any deposits or withdrawals.
- Self-Exclusion – Players can choose to self-exclude from their accounts for a minimum of six months. Betdaq was also one of the first bookmakers to enable punters to self-exclude from their platform using GAMSTOP. To further reduce the temptation to betting during self-exclusion, players can use blocking software like Gamban to block sports betting sites and apps on their computers and mobile devices.
- Reality Checks – The reality check option allows players to stay in control of how much time they spend gambling. If you use this option, you’ll receive pop-up reminders for how long you’ve been betting in a single session.
Betdaq is also affiliated with organisations that can help players to fight gambling addiction. These organisations include Gamcare, Dunlewey Services, and BeGambleAware.
Betdaq is regarded as the second largest betting exchange in the industry. This shouldn’t bother you very much, though, as they excel in some areas where the bigger bookmakers might fall short. Their acquisition by Ladbrokes put a larger bankroll behind them, enabling them to further raise the bar regarding the service that they offer to their customers. Betdaq offers a modest range of sports but covers an extensive range of markets on each of the available events. You can place in-play bets and cash-out while watching events live on the streaming service. At just 2%, Betdaq has one of the lowest commission rates on the market for horse racing, football, cricket, and greyhounds. They also offer a free exchange service on all other sports.
The customer service is top-notch, so if punters face any problems, they can have them sorted out very quickly, and in a friendly manner. Players can bet on-the-go using the mobile site or dedicated apps for iOS and Android phones. The selection of payment options is somewhat limited, but you won’t face any difficulty finding a suitable method for making deposits and withdrawals. Overall, this is one of those bookies which offers players a fairly balanced sports betting platform.
Pros and Cons
Being the second biggest betting exchange couldn’t have come easy for Betdaq. Here are our summarised points of thumbs up and thumbs down of this bookie, to help you better decide if it’s the place you should to place your bets after reading through todays football betting tips.
- High odds from betting exchange
- Live streaming available
- Dedicated mobile apps for iOS and Android
- Simple and easily navigable website
- Extensive betting exchange guide to help new players
- Limited range of sports
- Limited promotions for existing customers