Being the world’s second biggest online betting exchange portal, Betdaq imposes a tough challenge for Betfair.
The website was established back in 2003 when Dermot Desmond decided to develop an entertaining platform for sports enthusiasts where they could bet with and against each other in major events.
Perhaps that’s why Betdaq, which is founded by an Irish businessman, is the pioneer of the innovative betting format.
You can always rely on Betdaq for quality services, regardless of the event you would like to bet on. The company is reputed, reliable and regulated by the UKGC (United Kingdom Gambling Commission). Its license number is 003367.
It means that the website is completely fair, unbiased and follows transparent polices. It allows only the participants who are over 18 years of age and understand the risk of gambling. It also provides advice and assistance in case of problems associated with gambling.
In 2013, the company was acquired by Ladbrokes. Since then, it has expanded its services in several criteria and has acquired a lot of weight in the industry.
Free Bets and Bonus
To get started on Betdaq, you need to sign up for an account. When you’ve registered on the website, you can claim the free bonus offered by the site, which is £25. Use promo code FB2515 to claim it. The catch is you don’t receive it right away, but you have to score four commission points to have it.
You can score one commission point for wagering £25 at a time. It doesn’t matter if you win, lose or settle a bet, you just have to bet the said amount at least four times. As soon as you have fulfilled the given criteria, your account is automatically credited with the bonus amount.
The website isn’t tempting when it comes to promotional offers in sports betting. You can get latest offerings by accessing the ‘odds Bonus’ through ‘Best Day trading’ available on the promotions page. Besides this, the site runs a free £10 bet separately on Virtual sport betting.
Sports Games on Offer
Betdaq may be the second largest provider in sports betting, but it surely doesn’t cover different markets to keep avid bettors interested. The root of this problem is liquidity with less popular events.
As of now, the website offers their services in tennis, cricket, golf, soccer, horse racing, greyhound racing, basketball, American football, boxing, ice hockey, darts, rugby union, rugby league, MMA, GAA and formula one racing. Moreover, it lets you place ‘special bets’ on TV events like X factor and BBC sports personality of the year. Here, you get to bet on the winning candidates.
At Betdaq, you won’t experience problems with popular events like Premier League football. However, if you’re a high stakes punter who likes to explore less popular events, you’re not going to be pleased with the wagers they back and lay on various events. You may have to struggle to get a larger wager matched.
The odds are good and on a positive note, you get to define your own odds and have them matched in the market. You can either tweak your own odds or click an available popular price listed there. You get to explore varieties and multiples in the market.
However, the most important thing for punters is the amount of commission they would be paying to the website. The good thing is you don’t pay commissions if you don’t win. Besides, the standard price charged in the market is 5% but you can bring it down to 2% based on the number of bets you have matched. Earn a commission point for each £25 that you wager. Add up the commission points to get a discount on a weekly basis.
On the In-Play page, you can view the betting prices available for backing or laying your bets. Filter the sports that you don’t want to see. This way, the odds are clear. You can also check the Colossus page for pool betting. Back a part of your profit on pool tickets to accelerate your winnings.
Betdaq also runs ‘Trading Tools’, if you wish to come out as a trader.
Customer Support, Security & Banking Options
The website offers a plethora of options for fund transactions in your account. IT recognises nearly all the major credit/debit card providers and e-wallets. Debit card transaction charges are 0% in UK and Ireland whereas credit card transactions will cost you 1.5% of the total amount.
Visa Debit, Maestro, Visa Electron, Mastercard, Laser, Neteller, Paypal and Skrill are a few options among the list. You can also opt for bank transfers and cheques. The site follows all the safety precautions to safeguard banking transactions.
Should a problem arise, you can get in touch with their experts at hotline number 08701781021 (UK) or 016733360 (Ireland). Drop a mail at email@example.com in case of queries.
The website has pretty nice features like the Colossus page and the ‘Trading tools’. The back and lay selections are good and standard in-play is decent. Betdaq is a basic exchange service with attractive bet bonuses. However, some of the big features are missing such as sports diversity and live chat support. Overall, the site is pretty average and leans toward bettors who wager heavy amounts on a regular basis.