Betdaq is the second largest betting exchange operator in the world, which gives you a good picture of just how important its products and services are. Our Betdaq review aims to go deeper into the details of this picture.
We’ll take a look at what makes Betdaq so successful across all of its products, not just its betting exchange. We’ll discuss Betdaq’s site and go through its design, legality, and functionality. Finally, we’ll see whether Betdaq is among the accomplishments of Entain, formerly known as GVC Holdings, the company behind famous gambling brands like partypoker, bwin, and Sportingbet.
Online betting sites often attract new customers by giving bonus offers, which can come as free tickets, free bets, or a hundred other things. You can even receive them directly as cold hard cash with no strings attached.
In this case, since this is a Betdaq review, the bonus offers we’re talking about come as a 0% commission bonus and cash back. If you’re looking for a betting site that’s also offering casino bonus offers, check out our latest BetVictor’s promo codes and see what’s new!
For bettors who don’t bother with casinos, you’ll be glad to know that Betdaq’s bonus offers are all meant for their sportsbook and betting exchange customers. Newcomers are especially in luck with Betdaq’s £1,000 cash back on commissions.
How does a cash back bonus work? Use code DAQBACK and your first month’s commission will be refunded up to £1,000, meaning the more you play and use Betdaq’s exchange and sportsbook services, the more value you get out of the bonus.
Players can also opt for a full 100 days of 0% commission when signing up using the code: 0COMM100. This will ensure that the 2% commission that is usually levied on the betting exchange is discounted until the 101 st day after you register.
Those who enjoy betting on virtual sports can also take advantage of a bet £10, get £10 deal. However, this time, the bonus only pays out if the initial bet loses.
Think of it as a second chance at properly starting off your betting career. What if you win your first bet? Then the bonus will be gone.
Because our Betdaq review isn’t only concerned about free money and promotions, let’s now talk about how Betdaq presents itself to its customers and if it’s doing a great job keeping them by providing the best functionality.
Compared to our other eSports betting reviews, Betdaq has an old-fashioned design that younger generations might find ordinary and plain. This is okay though, most Betdaq customers are traditional sports lovers anyway.
The Betdaq theme runs in white and purple, which, we have to say, is pretty unique for a betting site. As a first-time visitor, you’ll probably get overwhelmed because there’s a lot of text, buttons, and images, especially promotional ones like casino thumbnails.
The offered sports and matches are listed right on the homepage, which is a little challenging to navigate since the overall layout is packed and the site lacks sorting features. All sports events are categorized though, so finding the one you want is easy.
Placing a bet is as quick and simple as it gets. The bet slip section is fixed on the right side of the site and will follow you as you scroll up and down, always ready for your next wager. Overall, it shouldn’t take you that long to get familiar with the interface.
If you are wanting to make the best usage of the betting exchange, you'll need to download the exchange API. It has some great tools to make your betting time against other punters a pleasure.
Betdaq doesn’t let down its mobile users, offering separate apps via the App Store for Exchange Betting and sports betting. There is no official mention of an Android app; however, the mobile website is excellent to navigate across a range of devices. You may find it easier to take this route, as the main options such as in-play, betslip, and my bets appear at the bottom of the screen. You’ve also got a burger menu at the top, on the opposite side of the page to the login/join button. In short, their mobile site is exceptionally user friendly for all.
Betdaq’s deposit and withdrawal methods include:
With Visa and Mastercard, you can use both debit and credit cards except for bettors coming from the UK, where credit cards are unavailable for deposits. Betdaq doesn’t charge extra fees for any transactions, which is nice when you’re moving money.
The processing time depends on the method that you choose. Debit and credit cards can take up to 2 to 5 days to get processed, while PayPal, Skrill, and Neteller have a processing time of fewer than 24 hours.
The bank transfer payment method is worth mentioning here on our Betdaq review as it takes only 1 to 5 days to get processed. Other betting sites can take longer than a week just to finish the same type of transaction.
Another thing that makes Betdaq legit is its excellent customer service. If you look up Betdaq’s ratings on the internet, you’ll find that most people who left 5-star scores did it because of Betdaq’s efficient customer support team.
So don’t take our word for it! Most feedback coming from Betdaq customers say that the Betdaq customer service is fast and helpful. The live chat is fantastic, and there’s no waiting in long queues.
You can reach the Betdaq support team through three options: email, phone, and live chat. Live chat is known to be the fastest choice among the three and is up from 9 am to 9 pm from Monday to Saturday and from 9:30 am to 9 pm on Sunday.
Contacting Betdaq customer support by phone is also fast but costs £13 per minute plus the network charge from your network provider.
Having great customer service is the very thing that makes Coral legit. If you prefer a betting site that doesn’t charge phone calls, feel free to learn more about Coral on our website!
Betdaq is available in the UK, Ireland, Gibraltar, and Jersey, which means the site holds several licenses. In the UK, Betdaq is licensed and regulated by the British Gambling Commission and Alderney Gambling Authority.
You’ll remember that Betdaq is owned by Ladbrokes, which is the new name of GVC Holdings. Ladbrokes is a public company listed on the London Stock Exchange.
These facts largely make Betdaq legit. To further ensure that everyone using its services has a fair, enjoyable betting experience, Betdaq has worked with GamCare, Association for Gambling Care, and BeGambleAware.
Betdaq is also strict when it comes to age restrictions. To use any of its services, you have to be over 18 years old. The site even takes extra measures and goes as far as to stop accepting payment cards that minors can use.
You can head to our Dafabet review to compare what you’ve gathered here so far, particularly in security. Understanding how other operators handle legal matters and protect their customers is the most crucial thing in reviewing online betting sites.
It’s obvious that aside from Betdaq’s betting exchange, the site is known for its sportsbook. You can even tell it’s the site’s second most valuable product by the way its bonus offers are designed.
Our Betdaq review promised to go into the details, and we’re going to deliver by going through each of Betdaq’s biggest products.
The first sport that comes to mind when someone says Betdaq’s name is horse racing. It’s the bookie’s strongest suit, which immediately becomes obvious by the way it boasts hundreds of horse racing events both on its sportsbook and exchange sections.
Horse racing is even at the top of Betdaq’s list of most popular links. If you’re looking for another betting site where horse racing is also the biggest sport, take a peek at our Boylesports review.
If horse racing isn’t your sport, then Betdaq offers 20 sports for you to bet on: from the biggest ones you know, like basketball, football, and soccer, to the more obscure ones, like politics.
To bring you the best sports betting experience, Betdaq covers many different events in each sport across the globe. There are always matches in play that will give you the opportunity to play and earn profits.
As a European-based sportsbook, Betdaq uses the decimal format by default. You can change how the odds are displayed by going to “My Preferences” or “Event Card Options” and selecting your preferred format. There’s no way to alter the odds though if you’re only a visitor of the site.
Betdaq odds have little difference from the odds of the leading sportsbook. We’ve compared its odds to popular bookies like FanDuel and found that the odds are almost always the same.
The difference lies in fees and commissions. Unlike the leading sportsbooks which often have high entrance fees and commissions that chip away at your winnings, Betdaq’s commission rate is fixed at 2% no matter how much profit you’ve gained.
Betdaq’s live stream service only covers horse racing events. Unfortunately, it doesn’t have an in-built match tracker that you can use to see what’s going on in other games. It only offers stats and numbers, which are updated instantly when you’re live betting.
Speaking of live betting, Betdaq has an in-play section where you can see all ongoing sports matches and upcoming ones. Betting on these matches is a breeze because there are no lags and delays whatsoever.
With Betdaq, betting on live events is as simple as betting on pre-events. The bet slip section isn’t cluttered and there are many kinds of bets to choose from. There are always live events on the site as well to bring you as many betting opportunities as possible!
One thing we like about Betdaq is that there’s no maximum limit of bets you can place daily, which means you can wager on your favorite sports as long as you want. This kind of freedom can only be seen in a Betdaq review.
What makes the sportsbook services of Betdaq legit? Many sports events and a straightforward approach. Because the site is mainly for traditional sports bettors, it can focus on sheer functionality rather than aesthetics.
The £1,000 cash back and £10 free bet bonus offers are also enough to grow Betdaq’s audience. If there’s an external pressure demanding more benefits out of the Betdaq sportsbook, there would’ve been a loyalty program by now. Except, there isn’t.
People normally join Betdaq without the casino in mind. As we’ve mentioned, the site’s main way of making money is through the fees that come from its exchange and sportsbook.
Still, it’s worth going into the details of Betdaq’s casino to make sure our Betdaq review leaves no stone unturned.
Popular software developers have helped create casino games at Betdaq. Many of NetEnt’s top slots and table games can be played there. Other famous casino game providers include Evolution Gaming and Red Tiger.
You’ll be amazed to know that a leading betting exchange like Betdaq also offers about 230 casino games! That’s even more than what other casino gambling operators are offering on their sites!
Casino might not be the most famous out of the three main products of Betdaq, but it contributes to its earnings. There are many types of casino games available including blackjack, roulettes, arcades, slots, and jackpot games with up to £250,000 prizes.
There are always new casino games being added, so the next time you visit could be the next time you’re playing a completely fresh game.
At Betdaq’s casino, you can find high-quality casino games such as Starburst and Gonzo’s Quest. And, because there are no wagering requirements, you’ll be able to withdraw all the winnings you make right away!
Evolution Gaming have come to the party to provide two handfuls of live casino games. Table gamers will enjoy various card options like blackjack, casino poker, or baccarat. Of course, roulette is also a major drawcard.
Those who prefer games of chance can load up some of the live-hosted gameshow titles. These include classics like Crazy Time, Dreamcatcher, and Mega Ball.
If you want to join Betdaq mainly because of its casino, there’s no problem with that. It has a lot of games to offer and there’s always something to entertain you. New games are being added every once in a while, too.
The downside is that Betdaq casino doesn’t have any casino bonus offers. You might find retention casino bonuses based on a player's individual activity but nothing like a standard welcome bonus. Another thing is, while Betdaq has an app for both Android and iOS, we at Strafe have found that a lot of customers think it still needs a lot of improvement.
For newcomers who wish to use Betdaq’s exchange and sportsbook, the casino can be a fun way to make some profits while taking time off betting on traditional sports. Also, you’ll only be able to use exchange, sportsbook, and casino services all at once with a betting site like Betdaq!
The Betdaq exchange gives you an awesome way to trade bets with other players for a massive number of sports. These run all the way from major sports like soccer, football, basketball, baseball, boxing, tennis and hockey right through to more niche sports like greyhound racing, Gaelic football, and darts. In fact the only thing missing here seemed to be esports bets, but you can’t have everything.
Because it’s a betting exchange, it means that you have the option to lay bets as well as back them. This is when you bet that something doesn’t happen, rather than it does. A great way to get a little extra value to your sports bets.
We should also note the fact that you aren’t necessarily going to be restricted to bets on things like match winner. This is because Betdaq lets you use its exchange to back and lay bets for things like over/under bets, both teams to score and much more.
The biggest reason why you should check out the Betdaq exchange is the fact that you can get some simply stunning sports betting odds here. The fact that you are playing against other people rather than the betting site opens up for much more variance.
We found that this was definitely true in one of our odds comparison tests for a big international soccer match. What’s best is that because Betdaq is a large exchange, it has plenty of customers which means that you should always find enough liquidity for your sports bets.
So far we’ve mostly been talking about how this exchange lets you get some of the best odds on the market. However, there’s another big reason why you’ll want to check out Betdaq. This is because you won’t find any limits on the wins that you can make at the betting exchange. Because you are playing against other players, the sportsbook isn’t actually liable for any of the wins paid which means that the sky is pretty much the limit. Just another big reason to play at Betdaq.
We think that Betdaq gives you a great example of what you should be looking for in a betting exchange. This is because the platform lets you back and lay bets for countless sports and this means that you’ll frequently find much better odds than what you might get elsewhere.
Obviously you will need to factor in the commission fees that Betdaq charges on whatever you win, but these shouldn’t put in too much of a dent on how much you take home. Plus we should mention that Betdaq includes plenty more extra features like live streaming that can significantly add to your betting enjoyment. All of which means that we have no hesitation about recommending that you sign up to Betdaq for a better way to bet!
Betdaq has a great horse racing platform that is mostly targeted towards the UK, but is more than capable of serving up lots of bets taking place all over the world. Here you’ll find priority given to horse races in the UK such as Perth, Redcar and Goodwood. However, there’s also a good service for Irish horse racing and we found no shortage of bets for races taking place everywhere from South Africa to the US.
The choice of horse betting markets was also pretty good. You’ll find a separate section for ante post bets, and then you’ll be able to bet on things like top two places, each way bets and so on. All of which should give you many ways to try your luck.
Chances are that you know that Betdaq has a betting exchange. This is good news as betting exchanges frequently serve up some of the best odds around. This is because you’ll be betting against other people rather than Betdaq itself. Plus you’ve got the option to back or lay your bets which makes horse racing betting even more enjoyable.
Don’t want to use the betting exchange? No problem. This is because Betdaq has a regular sportsbook that lets you bet on standard horse racing odds. Just so you know, these racing odds are just as good as those you’ll find anywhere else.
Most sportsbooks will impose some kind of limits on how much you can win so as to safeguard their financial stability. However, we found that if you bet at the Betdaq betting exchange, you won’t be faced with any limits on how much you can win. This is truly excellent and it’s not something that you’ll see at most other horse betting sites.
If you stick to the regular sportsbook at Betdaq, you’ll find that there are some maximum winnings limits imposed. These mean that you can win anywhere up to £250,000 if you bet on major races in the UK, but these winnings limits will decrease to £100,000 for smaller races. Still, more than enough for most people!
It’s hard to find any fault with the Betdaq horse betting platform. We’ve already spoken about the exchange’s capacity for serving up truly monumental odds, and the regular sportsbook is also worth a closer look. While there’s a definite tendency to prioritize UK horse racing here, we think that horse betting fans from all over the world will like what they find at Betdaq.
Plus we haven’t even had chance to mention all of the cool extra features like live streaming, best odds guaranteed offers and much more. All of which should give you all the incentive you need to sign up to Betdaq!
Betdaq is a safe gambling environment that guarantees nothing but the thrill of making money on entertainment. Licensed and regulated by two government agencies while being operated by an FTSE 100 company, Betdaq shows all signs of a true betting site.
But what makes Betdaq legit go beyond the success of its parent company. One of the real takeaways here is the low commission that you’ll only find in Betdaq. We’re talking about a flat 2% commission rate, sometimes even lower!
The Betdaq site can be slightly difficult to navigate at first, but you sure won’t have any problem when it comes to making transactions. Betdaq accepts payment methods like PayPal and other e-wallets, which are very popular as they take no effort to set up.
Sure, the site’s design isn’t for everybody, but this is because the site isn’t for everybody either. To prove that, the Betdaq site doesn’t have a dark mode feature, which is an ongoing trend today that appeals to a much younger audience.
Having a dim background certainly increases Energybet’s rating. Visit our review on this black-themed betting site if you’re a dark mode fan who can stand anything but a blinding white screen!
Even though Betdaq doesn’t have a standalone loyalty program, it has amazing customer service that has received nothing but praise. Customers' feedback commonly boils down to one single line: fast response and even faster solution.
Betdaq also offers a large collection of helpful reads and articles available on the Betdaq site to help newcomers learn about trading technologies and betting tips. This sort of educational service is almost exclusive to Betdaq.
In the end, it’s still up to you to decide whether Betdaq is right for you or not. But as the second largest betting exchange that offers the lowest commission rate, secured software, and excellent customer service, you should definitely consider using Betdaq!
Betdaq is licensed and regulated by two government agencies: the British Gambling Commission and the Gibraltar Gambling Commissioner. Its parent company, Entain, is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Betdaq is currently available in the UK, Ireland, Gibraltar, and Jersey. People living outside of these jurisdictions along with everyone who’s under 18 won’t be able to make a Betdaq account, especially with the site’s rigid verification process.
Betdaq is available on both Android and iOS mobile devices. To download the app, you must go to the Betdaq site and head to the “Mobile” section. Click the download link that matches your operating system to begin the installation.
Signing up with Betdaq, you can choose between two of its welcome bonuses: a £1,000 cash back or a £10 free bet. The cash back bonus will return your first commission to you, and the free bet will give you a refund if your first bet loses.
To use Betdaq’s £1,000 cash back bonus, you must opt-in to the Cash Back Reward during registration using the code: “DAQBACK.” For the free bet bonus, the promo code is: “BDQ10.” You can only use one code.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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