An Overview
Very few people, mainly true betting aficionados, would know that Betdaq is a betting exchange almost 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. Ladies and gentlemen, please welcome to the detailed review of Betdaq. A betting exchange that people often overlook but can offer a great alternative to Betfair.
Selection of sports and markets
For some hardcore betting exchange users, Betdaq is equivalent to or even better than Betfair. We agree with this view by looking at the homepage and the selection of bets available. It would be unfair if we had tried to review only the exchange since modern players can play on both areas of the page. Therefore, we will check both:
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 imagine, which is a huge plus for attracting new customers.
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 is a double betting proposition, fixed odds and exchange, we would need to split the limits section into two areas:
- Fixed odds. Similar to other bookies, betting and winning limits depend on the game. Big games can see win limits of up to 1m USD or currency equivalent. This is not unexpected, given that Betdaq is a destination for deep wallets.
- Exchange betting limits. If you follow the betting exchange strategy, you already know that the limits depend on the amount of stake that is matched. The more players you have that bet against you, the higher the betting limit and the higher the potential winnings. In theory, there is no roof on these amounts. Since Betdaq will get paid a commission on the net winnings. With betting exchanges, you don’t bet against the house but against other players.
Odds and payouts analysis
Again, we must split the Betdaq odds analysis into two sections since the betting products have different characteristics.
- Betdaq Fixed Odds margins. Nothing spectacular and fancy. A normal sports book with a strong emphasis on good pricing (4%- 5% on 1X2 and the main markets of major events). No surprises are expected. Par with competition and a rather mild approach by the trading team.
- 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. Some will say it’s the company’s traders who dictate the prices. A rumour has also been heard about the Betfair. God knows. The point is that the prices are those worthy of a betting exchange, with the respective consequences on the liquidity of the different markets. This approach has a loyal fanbase but not sports betting for everyone.
Welcome Bonus and Other Promotions
Given Betdaq’s reputation and huge brand name, we had higher hopes from 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 customers at Betdaq won’t enjoy a traditional welcome bonus. Instead, the popular sportsbook and exchange will offer the option to choose between two unique presents:
- 0% Commission For 100 Days when using code 0COMM100 on registration. No further info is needed; the promotion is exactly what it promises.
- Up To £1,000 Cashback when using 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 casino online will get the chance to get 75 Free Spins On Starburst after their first £25 stake. The only requirement is that the bonus code SPIN75 will be used on registration.
Betdaq VIP Program
The promotions page lacks information on the existence of a Betdaq VIP program. For accuracy in this review, we will not mention rewards programs or loyalty benefits. If you feel unsure about it, the easiest way would be to contact the company’s customer support and enquire accordingly.
Website graphics and functionality
If you have read the other bookmakers’ reviews on easybet.com, you have probably realised that we love simple yet well-designed and efficient websites. Those that you can find fast and easily what you are looking for. 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 don’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 3-step registration process and the ease of depositing money. At some point, Betdaq might have copied some of Betfair’s user experience elements. But then, we remembered that they had been around almost simultaneously. And this means that Betfair might have copied from Betdaq.
How to place a bet
The betting slip has been designed to be large and very visible. It is split into two tabs to accommodate single bets and parlays. Once you build the 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; however, we didn’t spot a Bet Builder tool, which is becoming increasingly popular these days.
Deposit and payment methods on Betdaq Sports Betting
First, we need to clarify that Betdaq won’t accept payments in cryptocurrencies. As part of a listed organisation, such payment methods are not welcome. However, there are several FIAT deposit options available to its customers:
- Debit Cards
- Credit Cards
- Skrill
- Neteller
- Paypal
- Bank Transfer
All these methods are also available for withdrawals, except PayPal. Please note also that only Visa and Mastercard cards are accepted for Betdaq.com sports betting. American Express and Dinners will not be accepted.
Learn more about Betdaq Sports
Customer Support
We are surprised that none of the Betdaq Customer Service channels support a 24/7 operation. Of course, we are happy that there are different ways to contact the help desk, including various phone numbers. Please note that all the methods mentioned below operate daily between 09:30 and 19:30. Rather disappointing when considering that some big events these days will start late at night.
- Email service
- Live Chat
- UK Freephone: 0800 473 0009
- Ireland: 01 55 66 222
- Int: +353 1 55 66 222
License and Safety Information
The United Kingdom-issued gaming license is always a good sign. Under this license, Betdaq offers trading and fixed odds betting services to several countries worldwide. Here is a list of safety and regulatory information that you need to review before you open a Betdaq Account:
- Gambling License issued by the UKGC
- Professional Trading platform
- API Access
- Bet Angel and Geek Toy Trading Software access
- SSL protocols on the page
- 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. Which means that casino is not the priority. Casino games are available but are provided by fewer providers than we have seen on other betting sites online. We saw mainly games from Net Ent and Evolution gaming, including the famous live dealers of Evolution gaming and games like Crazy Time and Lightning Roulette. This might not be the perfect proposition for a modern gambler. It’s still enough for some moments of relaxation when no sports activities exist.
On the other hand, the virtual page is very busy. We have three types of horse racing virtual games (flats, jumps, chase), soccer and greyhounds, with the latest graphics and action 24/7.
