An Overview
Very few people would know that Betdaq is a betting exchange that is as old as Betfair. It has been around since 2000, and for some reason, it has fallen behind its biggest rival. However, 25 years later, it still boasts a great website with millions of active monthly customers. This makes it a great alternative to its more well-known rival.
Selection of sports and markets
For some hardcore betting exchange users, Betdaq is even better than Betfair. When you look at the homepage and the selection of bets available, we can see why. Betdaq offers a betting exchange and fixed odds options. We will take the opportunity to review both here.
Betdaq Betting Exchange:
- 25 Different Sports
- Live Exchange Betting
- Combis
- Exchange on Virtuals
- Trader Tools
- Live Streaming
Betdaq Fixed Odds Betting
- 25 Different Sports
- Cash Out
- In-Play Betting Platform
- Live Streaming
- Virtual Sports
Each event features hundreds of betting markets. When we checked Soccer, Basketball, Horse Racing, and other popular sports, we found almost every popular market we could want.
Betdaq live betting and streaming events
We are big fans of the live betting platform at Betdaq. It’s not only that they managed to create live betting pages that work equally well for fixed odds and the betting exchange. Multiple events offer various tools (Graphics, stats, live coverage) and live streaming. These features are enough to make players return for more action. Apart from that, the page layout makes browsing, betting and trading easier than ever. We have easily found everything that we have been looking for in no time.
Bet Types
A sophisticated bookie is expected to offer all the top options for punters. Betdaq is no exception. The list of available betting types includes:
- Popular markets
- Match Odds
- Over / Under
- Goal Lines
- Correct Score
- Team Total Goals
- First Half Markets
- Total Corners
- Other Markets
- Handicap
- Asian Handicap
Naturally, the other available sports have a similar variety of bet types. Betdaq is famous for its Horse Racing, Cricket, NHL and NBA betting. Therefore, you should expect to find a similar variety of bet types.
Betting and winning limits
Since Betdaq offers both fixed odds and exchange betting, we need to break the site down to provide information on betting and winning limits.
- Fixed odds betting limits. Similar to other bookies, betting and winning limits depend on the match. Big matches can see win limits of up to $1,000,000 or currency equivalent. This is not unexpected, given that Betdaq is a destination for bettors with deep wallets.
- Exchange betting limits. If you know how betting exchanges work, you know that betting limits depend on the value of the stakes that are matched. The more players you have betting against you, the higher the betting limit and thus the higher the potential winnings. In theory, there is no ceiling on these amounts as Betdaq will get paid a commission on net winnings. Remember, with betting exchanges, you don’t bet against the house but against other players.
Odds and payouts analysis
Again, we must split this into the fixed odds and betting exchange parts of the site.
- Betdaq Fixed Odds Margins: There is nothing spectacular or fancy here. Betdaq operates a typical sportsbook with a strong emphasis on good pricing (4%-5% margin on the main markets for major events). Expect no surprises and an offering that’s very much in line with industry standards.
- Betdaq Exchange Odds Margins: The betting exchange odds are a completely different story. This is a dynamic area defined by the powers of supply and demand. We observed the odds around big game nights and saw pricing similar to Betfair’s.
Welcome Bonuses and Other Promotions
Given Betdaq’s reputation and huge brand name, we had higher hopes for the promotions page. We were expecting a densely populated section full of surprises. Unfortunately, this is one of the areas of criticism that we couldn’t neglect in our Betdaq review.
Betdaq Welcome Bonus
New Betdaq customers aren’t able to enjoy a traditional welcome bonus. Instead, Betdaq offers two options:
- 0% Commission for 100 Days when using the code 0COMM100 on registration. No further info is needed and the promotion is exactly what it promises.
- Up to £1,000 Cashback when using the code DAQBACK. This will trigger a return in cash for all commissions charged, up to a staggering £1,000.
Betdaq Casino Promotions
Players who join Betdaq to play at the online casino will get the chance to win 75 Free Spins on Starburst after their first £25 stake. The only requirement is that the bonus code SPIN75 is used on registration.
Betdaq VIP Program
The promotions page lacks information on the existence of a Betdaq VIP program. We suggest contacting the company’s customer support to enquire about any potential VIP program.
Website graphics and functionality
If you have read the other bookmaker reviews on Easybet.com, you have probably noticed that we love simple yet well-designed and intuitive websites. Betdaq does exactly that! It’s a clear website with no unnecessary tools, links, or add-ons.
All the menus are positioned in such a way that players can’t get confused. Considering that a betting exchange nowadays features much more than exchange betting markets, the smart use of vertical and horizontal menus becomes necessary.
We particularly enjoyed the simple three-step registration process and the ease of depositing money too.
How to place a bet
The betting slip has been designed to be easy to use. It is split into two tabs to accommodate single bets and accumulators. Once you build your bet slip and choose the combo feature, the system options and the max bet will appear on the screen. Betdaq offers the option to cash out on your bet too. We didn’t spot a Bet Builder tool though, despite this feature becoming increasingly popular these days.
Deposit and withdrawal methods on Betdaq Sports Betting
First, we need to clarify that Betdaq doesn’t accept payments in cryptocurrencies. However, there are plenty of other payment methods available, including:
- Cards
- Skrill
- Neteller
- PayPal
- Bank Transfer
All these methods are also available for withdrawals, except PayPal. Please note that only Visa and Mastercard are accepted for Betdaq.com sports betting. American Express and Diners are not accepted.
Learn more about Betdaq Sports
Customer support
There are different ways to contact the help desk, including various phone numbers. Please note that all of the methods mentioned below operate daily between 09:30 and 19:30. They are not available 24/7. This is rather disappointing considering that some big sporting events take place in the evenings.
- Email service
- Live Chat
- UK Freephone: 0800 473 0009
- Ireland: 01 55 66 222
- Int: +353 1 55 66 222
License and Safety Information
Having a UK gambling license is always a positive as it’s a sign of an audited and well-regulated site. Under this license, Betdaq offers trading and fixed odds betting services.
Here is some key regulatory information about Betdaq:
- Gambling License issued by the UKGC
- Professional Trading platform
- API Access
- Bet Angel and Geeks Toy Trading Software access
- On-page SSL protocols
- Part of the Entain Group, one of the largest listed gaming companies in the world
Betdaq Casino and Other Products
Betdaq is all about sports betting and trading on sports. This means that the casino is not a priority. Casino games are available but are provided by fewer providers than we have seen on other betting sites online. We saw games mainly from NetEnt and Evolution Gaming, including the famous live dealers from the latter. This might not be the perfect proposition for a modern gambler, but it is still enough for times when there is no sporting action.
Conversely, the Virtuals page is very comprehensive. There are three different types of Horse Racing virtual game (flats, jumps, chase), Soccer, and Greyhounds, with the latest graphics and action available around the clock.