Betdaq review 2019 - Read our sportsbook rating and find out if Betdaq is reliable
Last updated & tested: 2019-08-09
- Fun way to place sports bets
- Competitive betting odds
- Great betting app
- Some fees on deposits
Is Betdaq reliable for your bets?
BETDAQ in detail
Betdaq was founded in 2000 at a time where many rival brands like Betfair were also embracing the new broadband technologies to allow customers to trade bets with each other. The Dublin-based company quickly picked up many favourable Betdaq ratings for their betting exchange service, and they are now the second largest betting exchange operator. Whilst their main registered office is based in Alderney, they have been granted a UK Gambling Commission license to give punters a safe and fair way to trade bets. The brand was recently bought out by Ladbrokes, but we have seen many great Betdaq reviews to suggest that we will see plenty more from this Irish betting exchange in the future. So what did we discover in our Betdaq sportsbook review?
The first thing that you will notice when you load up the Betdaq homepage is the fact that they offer a good range of sports bets that cover everything from horse racing to football, cricket, golf and even virtual sports. But is Betdaq good for trading bets? Like many other betting exchanges, it allows you to back and lay bets against other punters and it charges a basic 2% commission on all sports. Is Betdaq reliable? The betting exchange features reliable payment brands like Visa, MasterCard, PayPal and Maestro to help you make deposits and withdrawals safely, plus they also have live chat, email and telephone support if you require any assistance. Many Betdaq reviews have also noted how the brand serves up plenty of decent in-play bets on a range of sporting events. And with a nice cash-back promotion that gives you up to £1,000 on commission fees, it seems that the strong Betdaq rating is set to grow.
How To Open Your Account
How To Make Your First Deposit
- 1Once you have verified your account, you can click on the My Account tab and then select the Deposit link.
- 2This will show you the current range of payment methods which should include bank transfer, credit cards, debit cards, and eWallet services
- 3Once you have chosen your payment method, you will just need to enter how much you wish to deposit, and then you might need to enter your password again.
How To Place Your First Sportsbet
- 1In order to make a bet, you can either click on back odds or lay odds and they will be added to your betting slip on the right of the screen.
- 2You can alter the odds from within the betting slip, and then you have to enter your betting stake. Your profit should be calculated for you.
- 3Finally, you just have to click the Place Bets button, or if you want to start again you can click Cancel All.
How To Withdraw Your Winnings
- 1Click on the My Account tab, and then select the Withdrawal link along with which payment method you prefer to use.
- 2All withdrawals will have security checks and so you will have to wait up to 24 hours for eWallet withdrawals or between 2-5 days for debit cards.
- 3You may also be required to provide proof of identity and address when you are making withdrawals at Betdaq.
Know Your Bookmaker!
Why is the Betdaq rating so good?
Betdaq have quickly become one of the most popular betting exchanges and they now handle over £75 million of bets each week. Whilst their commission has earned a few negative Betdaq reviews, the brand have tried to counter this by sponsoring many top sporting organisations like Celtic, Kempton Park Racecourse, and London Irish rugby club. So is Betdaq reliable? Be sure to read the rest of our Betdaq review 2018 to see how everything from betting odds to betting limits have helped this betting exchange become a world-beater.
Safe and secure payment options
Betdaq give you a reassuring selection of reputable payment methods for making deposits and picking up your winnings. This means that you can pick from respected brands like Visa, Visa Electron, MasterCard, PayPal, Neteller and Skrill to add funds to your account balance. We should mention that Betdaq charge a 1.5% fee for each credit card deposit, whilst there is a 2% charge for PayPal deposits. The minimum that you can withdraw at Betdaq is £10, and you have a daily maximum withdrawal of £15,000 for debit cards. All withdrawals will take at least 24 hours to process, and debit card and bank transfer withdrawals may take up to five days.
|Payment Methods||Deposit/payment||processing time||Limits min/max||Fees|
|Deposit/payment: Deposit: Payment:||processing time: Deposit: Immediately Payment: 3 - 5 working days||Limits min/max: Deposit: - Payment: -||Fees: Deposit: Immediately Payment: 3 - 5 working days|
Get a cash-back refund on your first month’s commission
Betdaq charge their customers a standard 2% commission on their sports bets. But new customers can look forward to getting their first month’s sports betting free of charge, thanks to the Betdaq cash-back offer. This looks to refund the commission of your first month’s sports bets by up to £1,000. This is a decent offer from the betting exchange and it will boost the Betdaq rating significantly. Our Betdaq review found a few important details that you should be aware of. These include the fact that the offer doesn’t apply to multiple bets, and you need to enter the DAQBACK promo code upon signing up. But if you do this, then you can look forward to having the refund automatically credited back to the Cash Balance section of your account in less than three days after the end of your first month. Terms and conditions apply, 18+.
Fair selection of in-play betsAs Betdaq requires punters to trade bets against each other, it has a slightly smaller selection of live bets than you might find at some traditional bookies. Despite this, you should still be able to get a decent choice of in-play bets on sports like tennis, tennis, football and more. Sadly there isn’t any live streaming at Betdaq, but you can use the live score and match statistics to help you take advantage of the ever-changing odds.
Try live betting at some of these great bookmakers
Choose your odds at Betdaq
Remember to check a bookie’s betting margin
Before you sign up to a bookmaker it’s always a good idea to check their betting margin. This reveals how likely the bookie are to provide value-for-money odds. Check out this table of betting margins for top betting sites below and see who is the most generous in the business.
Take a look at the betting margins for sports
It’s interesting to see how certain sports have their own average betting margins that show how easy it is to land a winning bet. Take a look at the table below and see how the average betting margins for some of the most popular sports can vary dramatically.
Choose your odds at Betdaq
Remember to check a bookie’s betting margin
Do Betdaq limit your winnings?
What are the betting limits of the best bookmakers?
Intuitive Android and iOS betting apps
The Betdaq website is incredibly easy to use, and this user-friendly approach carries over to their betting apps. You can download Betdaq apps that are perfectly suited for iOS and Android mobile devices so that you can enjoy the full betting exchange experience whilst out and about. Whether you are backing bets, laying bets, cashing out, or are just checking out the latest promotions, you can enjoy it all from the convenience of your smartphone or tablet.
- Easy to use apps
- Easy to use apps
Live chat, email and telephone support options
If you need to get a quick answer to a question at Betdaq, then you can use the free live chat service and enjoy an instant response. There is the option of using UK, Irish and international telephone hotlines, plus you can also use the help desk email address for any queries that fall outside of office hours.
Betdaq have also given you the chance to use the user-friendly FAQ section that covers topics like promotions, payments, account queries, commission, mobile betting, and terms and conditions.
Virtual sports and casino games
As well as their traditional sports bets, Betdaq also allow you to wager on virtual sports like horse racing, greyhounds, football, cycling and speedway. But it’s their casino gaming section that really catches the eye as this is packed full of all of the slots, roulette and blackjack games that you could wish for. Unfortunately it looks like there aren’t any live casino games at Betdaq, but there’s enough here to cater to most gamers.
User-friendly way to back or lay sports bets
Betdaq are one of Europe’s favourite betting exchanges and it’s easy to see why. They make backing or laying sports bets something that’s easy to do, and it’s clear that it is a great way to get stronger odds than you would find at a traditional bookmaker. Whilst some of the betting jargon might be confusing for newcomers, there is a helpful FAQ section and you can always contact the brand via the handy live chat feature. Although some the fees on deposits might be annoying, it’s a small price to pay for gaining access to this popular betting exchange.
If you are looking for a safe and easy way to join the betting exchange revolution, then Betdaq could be a good place to start. Not only do they allow you a simple way to wager via their website or app, but they also have made everything from adding funds to your account to cashing out your bets remarkably simple. And with the benefit of getting your first month’s commission refunded, we think that there will be many people who will want to sign up to this impressive betting exchange.
Good betting exchange
- Top betting exchange
Vote for Betdaq here
Do you think Betdaq have what it takes to become the best bookie in the world? If so, be sure to vote for them in our shortlist of the top bookmakers and let everyone know your verdict.