After reading our Betdaq review, you will know why we think that it is the second best betting exchange after Betfair. The bookie resembles it a lot because both websites are betting exchanges. Of course, Betfair is the better-known one, which makes Betdaq the second largest gambling exchange in the world. It is owned by Ladbrokes International, which means that the bookmaker is safe and cannot be trusted. Originally, the company was created by Irish businessmen in the year 2000, but Ladbrokes bought them in 2013.
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Welcome Bonus and How You Can Claim It
Betdaq offers its customer a £25 welcome bonus that can be claimed simply by opening an account there and using the promotional code FB2515. You will not receive your bonus immediately, but rather after getting four commission points. A Commission point can be earned for each £25 that you spend on the betting exchange, regardless if you won or lost. Here is a guide on claiming your opening bonus:
- Go to Betdaq’s website and press on ‘Join Now”.
- Fill out your personal details in the registration form.
- Use the promotional code FB2515.
- After you have earned your first four commission points, Betdaq will give you the bonus. One commission point is equal to £25 pounds wagered on the exchange, so you need to make bets in a total of £100 to claim the bonus.
Honestly, we were not impressed much by their welcome bonus. Yes, it is a decent offer, but there are a lot of other websites that can provide better conditions for new customers.
The bookmaker holds a license from the Government of Gibraltar and is under regulation Gibraltar’s Gambling Commissioner. However, UK punters will be glad to hear that the company is also licensed by the UK Gambling Commission, which makes it a secure betting site. The license means that:
- The bookmaker has to be fair and provide transparency
- Prevent minors from accessing the website and making bets
- Help those who have gambling problems by providing advice and assisting them
How to Sign Up
Creating an account with Betdaq is incredibly simple. Just click on one of the links on this page, and you will be redirected to their website. Then complete the registration form by filling in your personal information.
Design and Layout of Betdaq Review
Even though the design looks decent, we expected more from a website like Betdaq. The colour scheme consists only of white and purple, and despite it being pleasing to the eye, most modern gambling sites offer more stylish designs.
The website is easy to navigate – all of the primary functions are located in the navigation bar on top of the page. From there you can access the Betting Exchange, Multiples, Virtuals, Casino, Sports Pools, Mobile, Promotions, Tips, and Trading Tools sections.
On the left-hand side of the page, you will find links to the most popular sports and events available on Betdaq. Below them, there is a list with all of the sports on which you can place wagers. In the middle of the screen, you can find the live betting console where all of the current events are listed. Just like many other gambling sites, Betdaq has opted to place the betting slip on the right-hand side of the site. Below are located some of the most popular casino games, and the top tipped horses for the day.
Overall, the design is easy on the eye, and you can quickly find the section that you are looking for. Still, we would have liked a little bit more imagination from the design.
Despite Betdaq being not a very famous gambling site in the UK, the bookmaker offers a relatively large number of betting markets. It is true that they cannot compare with some of the biggest names in the business like Bet365, but you will still be able to place bets on most of the most popular sports in the world. However, for those of you who prefer betting on more obscure sporting events, the lack of some sports may be problematic.
We made a list with all of the betting markets that Betdaq has:
Horse Racing, Soccer, Golf, Cricket, Greyhound Racing, Tennis, Rugby Union, American Football, Ice Hockey, Snooker, Darts, Basketball, Rugby League, Baseball, Formula 1, Boxing, Aussie Rules, GAA, MMA, and Virtual Sports.
There are also bets on special events like, for example, BBC Sports Personality of the Year, the winner of X-Factor, and many others.
You probably noticed that the variety of different sports is ot nearly as wide as it should be, and if you are a high-stakes punter, then you are likely to be disappointed by the betting limits of the exchange. That is probably the biggest reason why most people use Betfair instead.
However, the operator can still be a decent backup option for those of you who enjoy placing wagers on the betting exchange. If you want to bet on a popular competition such as the English Premier League, then you will not notice any disadvantages when gambling on Betdaq, but it becomes uncomfortable when you try to find markets which are not very popular or when you want to place a large sum of money on an event.
Just like any other betting exchange, Betdaq offers its customers the option of placing back and lay bets during the event. To access the in-play console, you just need to visit the betting exchange and find the “In-Play” link in the Popular Links section. Then you will notice all of the current events, and you can start placing wagers on them.
Each sporting event has a stats section where you can find useful information about the particular match. The stats can be filtered, which means you can choose the exact details that will show up on your screen.
If you do not enjoy a specific sport, you can always remove it so that it does not show up on the in-play section. That way you can focus only on the most important events for you.
The same criticisms that we said about the betting markets apply to the in-play section. Even though there is a decent amount of games available, there is no guarantee that your bet will get placed due to poor liquidity, so you will probably be better off using Betfair.
Unfortunately, you will not find live streaming at Betdaq. We were slightly disappointed when we found out that the bookmaker does not show any events live, seeing as most of the popular gambling sites have that option. If you are looking for a place where you can both follow the events live and place wagers on them, then we would advise you to look at some of our other bookmaker reviews.
The website also has a mobile version that can be accessed by any mobile device, as well as applications for iOS and Android phones and tablets. The mobile site offers the same functionality as the desktop version. The mobile apps are okay, but we felt particularly let down by the iOS version because it seemed way too basic and lacked some key features such as Touch ID and Apple Pay, which made it difficult to make quick bets on your mobile phone.
The customer support is a crucial feature for every gambling site, and we are especially impressed with Betdaq’s service. You can get in touch with them via phone, email, and fax. Unfortunately, the don’t have a live chat at the moment, which isn’t ideal, seeing as how most quality bookmakers offer their customers the option to contact them via a 24/7 chat.
Still, Betdaq responded quickly to our inquiries, which is always an important factor to consider. The support team was friendly and tried to answer our questions as best as they could.
If you want a bookmaker with plenty of payment options, then Betdaq will satisfy your requirements. You can make deposits and withdrawals by using a credit/debit card, or an e-Wallet. Unfortunately, there is a 1.5% fee for deposits made with Visa and MasterCard credit cards. Here is a full list with all of the banking methods available at Betdaq:
Tools and Features
Betdaq has a lot of unique features that can’t be found on other websites, for example, the Trading Tools section where you can find a lot of helpful advice if you want to participate as a trader. Additional software has to be downloaded, but we will not go into that right now. If you want to learn more about becoming a trader, simply visit their website and click on Trading Tools.
Another great addition is the Betdaq Tips section where you can find predictions about many different sports like horse racing, football, rugby, boxing, golf, greyhounds, F1, UFC, and NFL. There is also a whole part dedicated to trading and traders.
Pros and Cons
- Many great features like Tips and Trading Tools
- A wide variety of payment options
- No Live Streaming
- Other bookmakers have an advantage when it comes to betting markets
Post Code: n/a
Address: Custom House Quay, Dublin, Ireland
Customer Services: 0870 1781 021
Fax: 353 1 673 3396
Frequently Asked Questions
- Do Betdaq have a Twitter page? – Yes, they are on Twitter, and you can access their page through their website.
- What Is XSP? – XSP stands for Exchange Starting Price. This means that in selected markets, the bookie will give you the option to place wagers that are not matched on the exchange.
- Do Betdaq sponsor any teams? – Betdaq currently sponsor Charlton Athletic. Moreover, they were also the maine partner of the Celtic Football Club as well as created a partnership with Kempton Park Racecourse.
In this Betdaq review, we decided to give the bookie a a 7.5 rating, which doesn’t necessarily mean that it is bad, but there are a lot of better options that you can find. Even if you compare the website to other betting exchanges, it still ranks second after Betfair. Still, you can use it as your backup exchange or even as a primary one if you do not mind the flaws that it has.
One of the main things that a betting exchange needs to have is a lot of customers. Unfortunately, that is not the case at Betdaq, so they can allow their customers to back and lay smaller amounts.
Another thing that we would like to see is a live streaming console. Even though you can bet on events live, there is no way to follow what’s happening on the website itself. There is a decent amount of betting markets available, but most bookmakers have a larger number than Betdaq.
Of course, the betting site has a lot of positives as well. The opening bonus is great, especially if you are going to use their betting exchange a lot. The UK Gambling Commission licenses the website, so your money is safe with them. The odds are better than a lot of other bookies because at Betdaq you bet against other people and Betdaq takes a percentage out of the stakes.