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Betdaq

Visit Betdaq

Betdaq is a sports betting exchange that was founded in 2000. It was purchased by Ladbrokes PLC in 2013 and operates under the parent company’s license which is held with the British Gambling Commission. For non-UK customers, it is licensed by the Government of Gibraltar and regulated by the Gibraltar Gambling Commissioner.

The website provides sports exchange betting and mobile exchange betting among other gambling products. Exchange betting is different to fixed-odds betting, in that punters bet against one another at odds of their choosing.

Website: www.betdaq.com
Head Office address: LC International Limited, Suites 6-8, 5th Floor, Europort, Gibraltar
Betdaq support: Phone 08701781 021, Fax +353 1 556 6296, email helpdesk@betdaq.com, live chat
Dispute resolution: IBAS (Independent Betting Adjudication Service)
Supported platforms: PC, Mobile
Betdaq Mobile Apps: Android, iPad, iPhone
Live Betting: Yes, Betdaq In-Play
Odds format: Decimal
Languages: English, Chinese, Danish, Italian, Spanish
Currencies: EUR, GBP, SGD, USD
Payment methods: VISA, VISA-Electron, MasterCard, Maestro, PayPal, Neteller, Skrill, Bank Transfer
Welcome Offer: up to £1,000 cashback here
Significant Terms: 18+. New customers only. up to £1,000 commission back at the end of the first 30 days as withdrawable funds. Standard 5% commission rate applies. Not available to API, RDT or trading tool customers. T&C’s apply. begambleaware.org

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Betdaq betting

Exchange betting is different to backing your fancies with a traditional bookie. At Betdaq you will be trading with and against other punters. This means that odds are not fixed and are decided by the customer. For example you might request a bet on Barcelona to win at odds of 1/2 (1.5) and another punter might see them as vulnerable and be willing to take your bet at those odds.

More often than not, exchange odds will be better than or equal to the top-price of a traditional bookie. This means that there is abundant value to be had on this exchange. Betdaq makes its profits by charging commission on winnings. The standard commission rate is 5% but can be lowered down to 2% by accumulating loyalty points. Each £25 wagered in exchange bets will accumulate 1 loyalty point, regardless of wins or losses. Commission discounts are calculated and applied on a week by week basis.

Betdaq online betting provides exchange markets for over 15 sports. On top of this, there are markets for Virtual Sports and Politics. The full list of Betdaq sports is; Horse Racing, Soccer (football), Greyhound Racing, Golf, Cricket, Tennis, Ice Hockey, Rugby Union, Rugby League, American Football, Basketball, Formula 1, Baseball, Boxing, Australian Rules, GAA.

Betdaq football exchange betting markets covers over 50 countries. This gives access to thousands of betting opportunities on any given day. Events covered include all of the top European leagues and competitions right down to matches from lesser-known footballing nations such as Kuwait and Singapore.

The high-profile matches have the most markets, with over 40 typically available on a game from the English Premier League. These also have the most liquidity, as more exchange punters look to back their instincts on the big games. Conversely, you may find that some minor events have little in the way of market depth.

There is also a multiples area that allows you to combine football selections with bets from other sports, or simply build a footy acca. This means that you can create an accumulator using exchange prices which are often more competitive than with a traditional sportsbook.

Betdaq horse racing includes daily UK and Irish horse racing, plus in-play betting. There’s also coverage of international meetings from the likes of France, South Africa and other top worldwide venues. In addition to this, there are ante-post markets for a selection of high-profile future races.

Available markets are Win, Place, Each-Way, Additional Place and Match Betting, giving multiple ways to trade on each race. Users also benefit from Proform Racing insight, which is horse racing software designed to give you an edge.

 

Betdaq Exchange

You can take the option to end your bet early with Betdaq cash out. This gives you the opportunity to assess your chances of a bet winning and decide whether or not to accept a cash out offer. Bets in a losing position can sometimes be cashed out for a portion of your stake, thus limiting potential losses. Winning bets can be cashed out to ensure a profit and protect against a late goal or being pipped at the winning post in a horse race.

Cash out is available on football, horse racing, cricket, tennis and any market where a stack of coins is displayed above the betting selections. 

As a betting exchange, Betdaq can be used to help cover all outcomes when matched betting. Matchedbets.com teaches its members how to make money from bookmaker offers and its guides explain how you can make real cash profits from free bets and bonuses.

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Betdaq website

Exchanges differ from a traditional bookmaker in that you will be betting against fellow punters. This allows you to cut out the middleman and bet at odds of your choosing. You can back selections to win as normal but can also lay selections, where you accept bets and keep hold of any losing stakes.

In addition to the exchange, Betdaq website features a range of online gambling products including Multiples, Casino, Virtuals and Sports Pools. The single wallet system allows you to use your funds on any gaming product without the need to make a transfer.

When logged in to your account, your cash balance will be shown in the website header. You can click on your username to access the My Account area. The My Account tab gives access to multiple areas of information. You can view your current bets and current exposure, profit and loss, betting history and amend personal details. You can also review your free bets and enter promocodes to claim bonuses. The banking area allows you to add new payment methods and make deposits and withdrawals.

Betdaq live streaming is limited to selected horse races only. The live horse racing streams are provided by Attheraces and RacingUK. A bet of at least 50p on the race is required to watch the respective video. The availability of a live stream is indicated by a purple play button labelled ‘Live Video’ located in the top-right of the exchange market. Once you have placed a qualifying bet, click this button to watch the action on a pop-out video screen.

Betdaq In-Play

Betdaq in-play betting is available on football, cricket, tennis and horse racing. There is an in-play section on the website but you identify if a market will be available for live betting by the clock icon displayed in the top-left. Most of the main markets will be available for live betting but there are limitations where minor events are concerned.

When available, you will see a graphical display of how the in-play event is progressing at the top of the screen. When betting in-play on football this can include live information of dangerous attacks, free-kicks and corners. You will also see the statistics for the event up to that point. Placing a live bet follows the same process as normal, with all of the available markets located beneath the in-play console.

Betdaq mobile

You can use any up to date tablet or smartphone to access the same exchange betting content that is available on desktop. Betdaq mobile site is fully optimised and will display nicely on most modern devices, allowing you to back and lay sports trades on the move.

Betdaq has exchange betting apps for iOS and Android users but there is no dedicated application for Windows at the time of writing. UK users can text BETDAQ to 60999 or visit the App Store to get the iPhone or iPad app. The Android app is available by texting BETDAQ to 60999 or visiting betdaqandroid.com.

Make a matched betting profit risk-free with the Betdaq free bet offer

Betdaq Free Bet

Bet £10 & get a £10 Free Bet

18+, new customers only, min bet £10, min odds 2.0, max free bet £10, free bet stake not returned, free bet valid for 7 days, qualifying bet must settle within 14 days of registration, further T&C's apply, begambleaware.org

Make a matched betting profit risk-free with the Betdaq free bet offer

Betdaq Free Bet

£1,000 Cash Back

Create an account with Betdaq exchange using the bonus code and get your first 30 day's commission refunded in cash, up to £1,000. Use the Betdaq free bet offer to make an expected profit matched betting.

18+. New customers only. up to £1,000 commission back at the end of the first 30 days as withdrawable funds. Standard 5% commission rate applies. Not available to API, RDT or trading tool customers. T&C's apply. begambleaware.org

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