OLBG App 5K+ Tips Search Members Logout Login Register

BETDAQ Exchange Review

3.9/517 Ratings

Offer features

Maximum Bonus: £10
Offer type: New Accounts
Sports Betting Offer: Yes
3.9 out of 5
17 Ratings
The original alternative to Betfair and offering a lower commission than their main rival. Good liquidity betting exchange
  • Low Commission
  • No Premium Charge
  • Good Liquidity

Top Reasons to Bet With Betdaq

  • Exchange Multiples Available
  • Innovative Promotions
  • Must Have Account for Arbitrage Betting
Bet £10 & Get a £10 Free Bet!
18+. New customers only. Certain countries only. API/RDT customers excluded. Min £10 Sportsbook/Exchange bet at odds 2.0 or greater within 14 days of acc reg. Free bet valid on exchange for 7 days. Stake not returned. No cashout. The free bet will be credited within 72 hours to your account once the staking requirement has been met. T&Cs apply.
#ad. 18+, begambleaware.org, T&Cs Apply
CLICK
HERE

Offer features

Maximum Bonus: £10
Offer type: New Accounts
Sports Betting Offer: Yes

In this guide...

Before you open your BetDaq Account

Full guide to everything you need to know before you click the link and sign up.

Latest BetDaq Free Bet Offer - Full Details

Below you can see details of the current Betdaq sign up offer.

To attract new customers the purple one as they are known regularly offer a generous Betdaq free bet.

You will see the significant terms on this Betdaq review page, please always check the T’s and C’S

If, after reading the significant terms, you are ready to start your Betdaq sign up then click on the link below.

After clicking through to the Betdaq landing page you will then see the full terms and conditions of the current offer.

For more information about the benefits of betting with Betdaq please read on.

Bet £10 & Get a £10 Free Bet!
18+. New customers only. Certain countries only. API/RDT customers excluded. Min £10 Sportsbook/Exchange bet at odds 2.0 or greater within 14 days of acc reg. Free bet valid on exchange for 7 days. Stake not returned. No cashout. The free bet will be credited within 72 hours to your account once the staking requirement has been met. T&Cs apply.
#ad. 18+, begambleaware.org, T&Cs Apply
CLICK
HERE

BetDaq Deposit & Withdrawal Information

Betdaq Deposit Options

A range of deposit options is available with Betdaq. 

Betdaq Withdrawal Options

You can withdraw your Betdaq funds at any time to the same payment method from which you deposited.

Some providers do not allow withdrawals, always check with your provider.

Betdaq will inform you if your withdrawal provider does not allow this.

From 14th April 2020 gambling companies in Great Britain will not accept credit cards as a funding method. 


Method Min Max Processing Time Fee
£10 Instant 0.00
£10 Instant 0.00
£10 Instant 0.00
£10 Instant 0.00
£10 Instant 0.00
£200 3-5 Days 0.00
Method Min Max Processing Time Fee
1-5 Days 0.00
2-5 Days 0.00
2-5 Days 0.00
Up To 24 Hours 0.00
Up To 24 Hours 0.00
Up To 24 Hours 0.00


BetDaq Key Features

  • Cash out
  • Asian Handicap
  • Live Streaming
  • Live Chat
  • Free Bet Club
  • Casino Betting
  • Bingo
  • Poker
  • Best Odds Guaranteed

Full BetDaq Bookmaker Review

The Betdaq betting exchange was founded in 2000, it was then subsequently acquired by Ladbrokes in 2013, and then later by the Ladbrokes Coral Group.

With Ladbrokes support Betdaq has been on a journey to grow its customer base with a range of innovative initiatives.

Its taglines include #ChangingForTheBettor and #SeriousAboutSports and they are determined to make an impact in the betting exchange world.


Betdaq Sports

Betdaq offer 17 sports on their exchange including the most popular of football, horse racing and tennis.

You can back, lay and trade on each of those 17 sports.

Niche markets available on Betdaq include Politics, Specials and GAA.


Betdaq Odds

Once you have completed your Betdaq sign up you can back, lay and trade selections, enabling you to profit whatever the result.

You are not betting against a bookmaker but other betdaq customers.

On Betdaq you choose the price you want to back at, if another customer matches your odds choice you will have a value bet in comparison to bookmaker prices.

When you are looking for the best odds it is well known that the betting exchanges can offer bigger prices, especially on outsiders, if you back outsiders regularly its worth having a Betdaq account.

The Exchange Starting Price (XSP) is another tool that gives customers the option to take XSP when a bet is not matched.

If you place a Betdaq bet outside the odds hoping to get matched but still want the bet then Betdaq will settle it at their (XSP) calculation.

This means you are on when the event is settled, it’s helpful when you cannot always follow the market due to other commitments

Betdaq trumpet that on ITV Racing 95% of all odds were a better priced on Betdaq. (June to December 2018 – Betdaq SP v Industry SP).

If the majority of your bets are placed when watching ITV racing a new Betdaq account should be a consideration.

Betdaq Fixed Odds

Betdaq now offer fixed odds betting giving us even more choice! They look determined to offer a credible alternative to Betfair.

It will be interesting to see whether their prices are better than their exchange and bookmaker rivals. 

Best Odds Guaranteed!

Place a real-money single bet on the day of the event and you will receive best odds guaranteed on all UK and Irish horse racing.

I would suspect that to grab market share and create some disruption that we as punters could be getting some great value, especially in the early months. 

The new sportsbook offers best odds guaranteed, full and partial cash out, live streaming and in-play betting. 

Betdaq Multiples

You can view all “multiple enabled” markets on the Betdaq exchange, not all sports markets can be placed in multiples

You can place up to 10 back selections (7 on mobile) in different events to make a Double, Treble, 4-fold, 5-Fold right up to a 10-fold.

Yankees, Canadians, Goliaths, Heinz full cover bets are also available.

You cannot lay selections as part of a multiple bet.

All selections must-win for the multiple bet to be settled as a winner.

N.B You will pay 5% of winnings per multiple bet for all customers.

Betdaq Cash Out

The Betdaq Cash Out is a function that allows you to lock in a profit or cut your losses on your bet, prior to the finish of the event. 

You can check out our Best Cash Out Bookmakers for more information

Cash Out is available on the following Betdaq markets.

  • Horse Racing - Win (Pre-Off Only)
  • Golf Outright - Win (Pre-Off & In Running)
  • Cricket - Match Odds (Pre-Off & In Running)
  • Football - Match Odds (Pre-Off & In Running)

Betdaq Commission

If you are a regular exchange user we suspect you are fed up paying a high commission on Betfair when you have a winner.

Wouldn’t it be better to be paying a lower commission when your bets come in?

The Betdaq Exchange commission rate is 2%, so more of your winnings go to you.

Opening an account with Betdaq allows you to pick and choose the best exchange prices and profit when you win by paying only 2% commission.

On a £10 winning bet at 11.0, you would only pay £2.20 which can be 3% less than you would pay on other exchanges.

Betdaq Pool Betting

Betdaq Pool betting comes for Colossus.

Through the pools, you have the opportunity of winning a huge (colossal) amount with this type of pool betting.

There are plenty of bets on offer for the Betdaq pools including correct scores and 1X2 results.

The ability to “cash out” from a pool when you have a certain amount of results correct but are worried about the final leg is a helpful added bonus.

Betdaq Casino

If Casino play is your thing Betdaq offers a selected range of games, slots, and table games.

There are over 80 options including Blackjack and Roulette variations.

Betdaq Extras

As you would expect from a go-ahead exchange such as Betdaq there is a range of extras on the site.

Betting blogs, market movers, exchange education videos, trading tips all feature, and can assist us in making good betting decisions. 

Betdaq Customer Service

A company that is trying to grow should always treat their customers well, Betdaq do just that.

On test, we received an immediate reply to our fictitious query.

Betdaq can be contacted via

  • Live Chat
  • Email
  • Telephone

There is also a comprehensive Betdaq FAQ section that can assist you.

Betdaq Feedback

We would love to hear your opinion after joining Betdaq via the review section above.

Tell us what you like and dislike about Betdaq, and don’t forget your star rating on the purple one.

If you could separate the sportsbook from the exchange when reviewing, that will also help those thinking of signing up to betdaq. 

Betdaq Review and Summary

Betdaq offers a viable website and app that is always looking to break the exchange mould with promotions, progressive commission terms, and a website packed with helpful articles.

Having a sportsbook is a bonus, don't forget to check those BOG prices, in some instances they may be better than the exchange price!!

BetDaq Mobile Review

BetDaq Mobile Offering

Not available
Rating 1.90 out of 5
Not available

You can download the Betdaq app or use the mobile site when on your phone.

It takes no time at all, you can be betting on your horse racing tips, or football predictions within minutes via the app. 

Available on IOS or Android, the most recent upgrade has sorted some glitches that were present.

With betting on the go such an important part of winning, you need a mobile site that delivers functionality and reliability, especially when you are laying!!

The Betdaq mobile app available for Android or iOS does just that.

We tested Betdaq over a weeks’ worth of betting on mobile and had no issues.

The Proform race guides were especially helpful when narrowing down selections, as was the watching of races we had bet on.

Remember the low commission rate is also available on the app!!

The Betdaq Mobile App Features

  • Betdaq Promotions
  • Enhanced Specials
  • Live Streaming
  • Mobile Games
  • Proform Race Guides

If unsure of which app to download, you can check our detailed review of the best betting apps

3.9 out of 5 17 Ratings
13 Reviews

BetDaq Info & Bookmakers Reviews

Check What Others Say About BetDaq and Write Your Own Review

F
freddiehayes79
5

"Betdaq review"

Reviewed: September 2021
by freddiehayes79

Looks like a very good bookie that offers a different betting experirnce compared to mainstream bookies like Coral, william Hill , labbrokes and betfred. Customers can even get up to £1,000 cashback, which is an industry leading loyalty reward. Betdaq is unique and worth looking at. Betdaq is similar to betfair. It allows customers to bet against one another. If you like betfair you will love

T
touchofoscar
5

"Great Customer Service"

Reviewed: September 2021
by touchofoscar

Betdaq has been very consistent in the quality of the service it provides. It has a much stronger customer focus compared to others particularly when things go wrong.

R
RED1ZONE
5

"RED1ZONE 11111"

Reviewed: September 2021
by RED1ZONE

Hello everyone tipsters from this great game. Betdaq are one of the best bookmakers and I before I played all the time there. The odds are very high.

Add your review
Bet £10 & Get a £10 Free Bet!
18+. New customers only. Certain countries only. API/RDT customers excluded. Min £10 Sportsbook/Exchange bet at odds 2.0 or greater within 14 days of acc reg. Free bet valid on exchange for 7 days. Stake not returned. No cashout. The free bet will be credited within 72 hours to your account once the staking requirement has been met. T&Cs apply.
#ad. 18+, begambleaware.org, T&Cs Apply
CLICK
HERE

BetDaq User Guide

How To Join Betdaq

Click any of the banners on this Betdaq review page.

Once on Betdaq click the green join now button in the top right-hand corner of the page.

Complete the three Betdaq sign up sections

  • ABOUT YOU
  • CONTACT INFORMATION
  • ACCOUNT

Once finished you can immediately start using Betdaq.

BetDaq uk Related Questions

  • Is BetDaq any good?

    Along with Betfair BetDaq are the original betting exchange and have been established for as long as betting exchange has been online. They have a full exchange offering, also offer fixed odds and unique exchange multiples.

    To see how they perform in direct comparison with other betting exchanges available, check out our betting exchange comparison guide.

  • How does BetDaq Work?

    Just as any betting exchange, when you bet on the BetDaq site, you are betting against other players. On the exchange you can choose to bet for or against events happening and other members vice versa. If you are unsure of how betting exchanges work, you can learn more with our betting exchange guide, or use BetDaq for fixed odds betting only.

  • What is BetDaq Commission?

    Because you are not betting directly with a bookmaker when betting with BetDaq, there is not over-round built into the odds. You will notice that odds are generally higher than you will see with traditional online bookmakers. For this reason, the way BetDaq make their money is by charging a small commission on every bet that is placed. BetDaq has always been traditionally the cheapest exchange but other exchanges are also charging low commission rates in competition today.

  • What is the minimum bet on betDaq

    Lower than on other exchange sites, you can bet as low as £0.50 on back bets. If you are laying on betDaq the minimum you require is enough to cover the liability fo the bet you are laying to another customer.

  • Is BetDaq better than betfair?

    Some customers use BetDaq as they prefer it to betfair, others would claim the opposite. Personal choice and experience will tell you the answer that suits you, but we have done some extensive comparison between betfair and BetDaq in our Exchange comparison guide, including Matchbook and Smarkets too.

  • How long to betDaq withdrawals take?

    BetDaq withdrawals are standard, with banking options taking a little longer than e-Wallet banking solutions. Toward the top of this page, we have a full table outlining every deposit and withdrawal method including withdrawal times.

  • Do BetDaq have a Sportsbook?

    BetDaq do now offer fixed odds betting on the sportsbook. It is a good platform, newly introduced and proving popular with current BetDaq users. 

  • Is BetDaq licensed?

    They are licensed by both the Gibraltar gaming commissions and for activity in the UK by the UK Gambling Commission

By using this site you confirm you are 18+ and consent to our use of cookies and processing of personal data as set out in our Privacy Policy
Got it!