One of the innovators of the betting exchange concept where players can bet against and along with each other was founded by an Irish citizen Dermot Desmond in 2000. Ladbrokes Coral Group bought BetDaq in 2013 and now holds around seven percent of the market share. It mainly eliminates the need of using odds set by traditional bookmakers as it allows punters to bet "peer-to-peer" rather than betting against a traditional bookmaker. It handles more than £75m in bets every week. At BetDaq if punters don’t win they don’t pay as BetDaq charges commission on net winnings to make money. Depending on bets matched by a punter they lower the commission rate to as less as 2% whereas normal commission rate begins at 5%. For every £25 won or lost across the exchange markets, punters earn BetDaq commission point and once they accumulate enough points they can qualify for commission discount rate. Since point accumulation is assessed every week, such possibility looks more beneficial to seasoned better where it could be an expensive affair to bet enough in order to lower commission rates for novice users.
Due to its unique betting exchange and security policy punters enjoy higher odds and maximized security as they protect consumers fund and maintain the integrity of the company as well. They promote responsible gambling and betting as they have worked closely with GAMCARE-National Association for Gambling Care. They recognize the risks of public incidents and ensure customers get the finest betting and gambling experience, by implementing critical measures to confirm that players are over 18 years old. BetDaq system does not accept payment cards for minors and preserves its reputation in terms of legal authorization. It is regulated by the Gibraltar Gambling Commissioner and licensed by the Government of Gibraltar.
If you are new customer and 18+ you will find BetDaq signup process straightforward and simple. All you do is visit the BetDaq website and fill up all the information on register page. Below are the steps to create account.
For lost passwords, you can find “Forgot your username / password?” link on upper right corner of the log-in section of Betdaq’s official website. On clicking the link you will be redirected to another page, presented with several options to recover or reset your password. Alternatively contact Betdaq’s helpdesk through phone, email or live chat. Provide the required information and BetDaq will provide a temporary password for single use.
BetDaq caters to a wide range of sports and betting markets. There sports pool covers American football, Aussie rules, basketball, boxing, cricket, darts, Gaelic sports, greyhound racing, horse racing, ice hockey, martial arts, rugby, soccer, MMA, NFL, tennis and virtual sports.
They support multiple betting which allows punters to bet on different markets simultaneously. It allows up to 10 bets in total while 7 in mobile. However, punters are allowed to only choose one event per market. One can click another market that offers multiple betting to place another bet. Markets in multiple betting include American Football, Snooker, Soccer, Horse Racing and they have a long list of events.
Betdaq has in-play betting for horse racing. Also BetDaq shows two tables with different times and different places on their sit to facilitate in-play betting for greyhound racing. Customers can choose to trade or place bets in between events or during events as the odds fluctuate, both tables can be of the winning market.
Since BetDaq players can place multiple bets in an exchange betting market, one can expect 20% higher odds. However, in multiple bets players cannot request for odds and the odds given are the available odds at the exact moment of placing the bet. They also offer virtual sports betting not to be confused with horse/greyhound racing found under casino games.
They offer a cash-out which means one can close out on the position by putting a limit on losses or by locking out on the profit. Cash-out feature automatically calculates the necessary bets needed in order to do either of the options and are based on real time and live markets. The minimum odd at BetDaq is 1.50. Odds format include EU, UK, US and minimum bet that can be placed is 0.5 EUR. Commission on net winnings can be as low as 2% up to 5 % depending on bets one place.
They offer classic casino games. All games in BetDaq casino are regulated by Gibraltar Gambling Commissioner and considered as instant-play games in the site. They provide beneficial welcome bonuses to their new customers. Colossus page is a great feature alongside regular betting. It allows punters to win a jackpot that could change their lives if they land seven correct scores. If there are multiple winners in a single pool they would have to share the jackpot prize. They can have partial cash out available to back some profit on pool tickets without having to come to full term.
There are multiple options for getting funds into your account including online banking, bank transfer, credit and debit cards, ewallets. 0% charges on UK and Irish Debit Cards and Credit Cards take a 1.5% charge on all deposits. No charge on ewallet deposits. You can deposit with a check but cannot withdraw using them.
Deposit Methods Include: MasterCard Debit & Visa Electron, Visa and MasterCard Credit Cards, Visa Debit, Laser, Maestro, Skrill, Neteller, PayPal, Bank Transfer, Check.
Withdrawal Methods Include: PayPal, Visa Debit, Neteller, Laser, Skrill, Maestro, MasterCard Debit & Visa Electron, Visa and MasterCard Credit Cards.
BetDaq has come up with user friendly desktop site and mobile app version. It's simple and clean homepage is specially designed for an easy and comfortable navigating through every page of the website. The purple and white theme of the website is attractive and soothing.
At the uppermost portion of the homepage, banner announces the current promotion one can avail of, if it looks annoying or irrelevant, one can simply press the pause button on the left of the banner. On the upper right corner, click BetDaq logo to reach the homepage. Users can access different categories on the site easily by using purple tabs on the homepage. Just below it one can access Help and Settings. Current information about bets and exchanges happening at the moment are displayed in a larger part of the homepage.
Users can toggle between the new site and the classic site, sticking with the new site is recommended as it is much easier to use and better on the eye. The mobile version of the website is accessible through any mobile device. Dedicated apps for Android and iOS feature race guides live streaming and enhanced specials. BetDaq site is legal to access in Ghana, Gibraltar, Guernsey, Barbados, Cayman Islands, Ireland, Isle of Man, Jersey, Lebanon, Malta, Mauritius, Netherland Antilles, New Zealand, Seychelles, Sweden, Tanzania, Trinidad and Tobago, United Kingdom, Virgin Islands (British).
Betdaq has a comprehensive customer support setup which can be contacted through email and phone calls. Live Chat is currently unavailable. In case of detailed queries, punters can mail them directly as well. Separate phone numbers for UK, Ireland and International users is a great boon. But the availability of phone support between 10 AM and 11 PM CET only is a caveat.
| BetDaq has less number of markets compared to Betfair | Long list of events do not include much of the popular ones |
| Betdaq’s websites has tendency to crash once in a while, due to real-time based bets especially when overwhelming amount of traffic | Although selection on offer is decent liquidity is poor as no guarantee to obtain big back or lay bets matched |
| Website is clear and easy to use. Nice features like the Colossus provides particular high point besides regular betting action | Odds are 20% higher than rest of betting industry due to its unique betting exchange arrangement |
| Exchange based in-play and quick cash-out | BETDAQ title sponsors Punchestown Champion Hurdle, principal partner of Charlton Athletic Football Club, and ambassadors includes the Racing Blogger and Tony Cascarino |
| Supports multiple payment methods and currencies including EUR, GBP, SGD and USD | Safety and fairness held by an incorporated organization GAMCARE that secures the funds and maximizes the protection for customers |
The list of international bookmakers
