Betdaq Review

Betdaq

18+ only. Certain countries only. API/RDT customers excluded. Min £10 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. Depositing directly via bank card. No cashout. New customers only. The free bet will be credited within 72 hours to your account once the staking requirement has been met. T&Cs Apply. #ad

Bet £10 Get £10

VISIT SITE

18+ only. Certain countries only. API/RDT customers excluded. Min £10 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. Depositing directly via bank card. No cashout. New customers only. The free bet will be credited within 72 hours to your account once the staking requirement has been met. T&Cs Apply. #ad

Review Sections
About BetdaqWelcome Offer
CommissionsSports
LiquidityMultiples
Live StreamingSportsbook
Website & AppCasino
Account OptionsBanking
Support & Contact Info

About


Launching in 2000 and taken over by betting giants, Ladbrokes in 2013, Betdaq is one of the oldest and most established betting exchanges, right after market leaders Betfair themselves!

Offering excellent coverage of sports, current affairs and politics, Betdaq also offer some of the best commission rates of any betting exchange, this sees them charging only 2% on Horse Racing, Football, Greyhounds, Cricket and virtual sports and 0% on everything else!

This Betdaq review will look into how the online betting exchange compares to others and what it offers in terms of odds, markets, betting features and promotions.

A great reason to join Betdaq and see what they're all about ie the sign-up offer, which sees new customers getting up to £1000 cashback from all commissions paid in their first 30 days or a £10 free bet to use on either the Exchange or sportsbook!

Betdaq

Bet £10 Get £10

VISIT SITE!

18+ only. Certain countries only. API/RDT customers excluded. Min £10 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. Depositing directly via bank card. No cashout. New customers only. The free bet will be credited within 72 hours to your account once the staking requirement has been met. T&Cs Apply. #ad

Welcome Offer


All new customers who sign up to Betdaq by clicking here can claim one of two welcome offers.

Signing up and using the code DAQBACK will ensure that you're eligible for up to £1000 in cashback made up from all of the commissions paid to the exchange within your first 30 days!

betdaq welcome offer

NB - Be sure to enter the code DAQBACK when signing up to ensure your new account is eligible for the cashback offer!

Alternatively, signing up here and using the code BDQ10, when requested, will allow new customer to be eligible for a £10 free bet on either the Betdaq Exchange  (an initial bet of £10 at odds of 2.0+ must first be placed on either the exchange to be eligible for this bet).

NB - Cashing out your first bet will invalidate this £10 free bet promotion, please check the full T&C’s by clicking here before placing any bets to ensure the free bet is paid.

Create an account with Betdaq and claim these welcome offers by clicking here!

Ongoing 0% Offers at Betdaq


Whilst the £1000 cashback sign-up offer is potentially very valuable, this exchange also offers regular ongoing promotions across the sporting calendar. These promotions include a long running theme of offering 0% commission on sport-filled Saturdays as well as on other big events like the Euro 2020 and the Grand National.

betdaq 0% commission

Whilst the specifics of these offers does seem to change from month to month, it is always worth regularly checking the Betdaq promotions page to make sure you are getting the best value from your exchange betting and in turn your Betdaq account.

Betdaq Commissions


At Betdaq, you will pay commissions on winning bets (which are usually taken from any winnings automatically). You will not be charged commission losing bets.

With Betdaq mainly charging 0% commission on most sports, the exchange now has one of the most competitive exchange services available as of today. In fact, with the exception of Horse Racing, Football, Greyhound Racing and Cricket, all other markets at Betdaq offer 0% commission to all exchange customers (for both back and lay bets it should also be said).

Whilst the 2% commission on popular sports like football and cricket is the same as it would be at close competitors including Matchbook and Smarkets, the 0% commission on all other events could make Betdaq a very competitive offering for those who bet on other popular sports covered by the 0% tier such as golf and tennis and other sports.

Betdaq Sports


Betdaq cover a huge range of sports ranging from English, Spanish and German top-level football through to tennis, golf, Formula 1 as well as various political markets.

Even more international sports such as MLB Baseball, NBA Basketball, NHL Hockey or NFL American Football, these worldwide sports plus many more are all covered by the Betdaq exchange!

Football


Football is the world's biggest sport and has a huge range of betting markets such as the match winner to specific players to make an assist.  Given the overwhelming popularity of football betting, it is great to see Betdaq have a solid football offering with coverage of all major leagues including the Premier League, Championship, German Bundesliga, French Ligue 1 as well as other leagues and competitions from around the world.

Some bigger betting such as Smarkets and Betfair may have better liquidity but Betdaq does make it easy to get involved with football matches and finding fixtures is simple thanks to the football homepage and the football navigation links.

betdaq football

Betting in-play on football matches is also a feature provided by Betdaq withan excellent selection of markets available and cash-out from right up to the very end of the match.

With all of this in mind, Betdaq is ideal for anyone who takes football seriously and is, perhaps, looking for a flexible and easy to use alternative away from the bigger exchange players such as Betfair and Smarkets.

Horse Racing


Another popular sport to bet on is horse racing and one that is clearly revered by Betdaq. This means, via the excellent racing section, users can bet on all UK & Irish races as well as meeting from Australia, New Zealand, the USA and others.

Navigating to all available races taking place on a day is simple thanks to the Horse Racing link found on the left side menu. Once clicked, you will go straight to UK racing, Irish racing, French racing as well as any other country with a big meeting for the day.

betdaq horse racing

If you are a horse racing fan then it is worth taking into account that Betdaq have horse racing markets and odds available the evening prior to the race day which makes them a great choice if you want to place early bets at fixed odds rather than taking the SP as you may find available at traditional bookies.

Tennis


Several of the top tennis tournaments and competitions are covered at Betdaq as well as many minor matches taking place throughout the year. 

Some examples of popular markets are:

  • Match Winner

  • Games Over / Under

  • Winner & Over

  • Odd / Even Games

  • Set Winner

  • Set Betting

  • Correct Score


Golf


All major golf tournaments such as the Masters, U.S. Open Championship, The Open Championship and U.S. PGA Championship and available to bet on at Betdaq with an extensive range of markets covered such as:

  • Tournament Winner

  • Top Player from Country

  • Top 5 / 10 / 20

  • 1st round tournament leader

  • Players to make the cut


Politics


Betting on politics has soared in popularity over the last few years thanks to some very unexpected events including Donald Trump defying the odds to become the president of the United States and the British people voting for Brexit!

Betdaq does provide a good range of political markets and, unlike all of their main competitors, all of these political markets are all covered under the 0% commission tier.

betdaq politics

Although Betdaq does provide a good range of Politics betting markets, these markets tend to be very limited in liquidity. This means that, at the very least in the run up to such events, finding enough money available at good enough odds to get a bet on might sometimes prove difficult.

If we look at the same US President 2024 market at competing exchange, Smarkets, we see a much different picture:

smarkets politics

With £39k+ matched versus £0 at Betdaq, it seems it is not the ideal palace to be making such political bets!

Liquidity at Betdaq


Whenever choosing to bet with an exchange compared to a bookmaker, market depth and liquidity standards should be considered.

Liquidity is an important factor as low liquidity means that you may not have your bet matched at the odds that you want to place them at. 

Both liquidity and market depth differ depending on the sport and the event. For example, popular football matches in the Premier League will often have excellent liquidity whereas smaller golf tournaments and lower league football will not.

betdaq liquidity

In the Euro 2020 match shown above between Italy & Austria, it shows that £149,328 of bets have been matched on the Match Result (1x2) market. Over £2000 is available to back the favourites Italy at odds of 1.56 and then a further £5800+ available at the slightly lower odds of 1.55.

Austria are the underdogs and as you would expect, less money has been wagered on them with £193 available for backing at odds of 8.2 and then £267 available at 8.1.

We can compare this market above to the equivalent one at Betfair below.

betfair exchange liquidity

It immediately becomes clear that Betfair has much higher liquidity than Betdaq in this fixture (with just under £150k matched at Betdaq versus over £1.3M at Betfair) and when looking at Italy in particular, it is clear there is much more market depth with over £13k available to back them at odds of 1.56 versus only just ovr £2k at Betdaq.

Comparing the above Italy vs Austria game at Betdaq to Smarkets (below) and again, we see more liquidity at Smarkets with over £580k in matched bets versus just under £159k and much more market depth with over £11k available to back Italy at odds of 1.55 versus just over £2k at odds of 1.56 on Betdaq (so, slightly better odds but less market depth here at Betdaq).

smarkets liquidity

Finally, looking at the Italy vs Austria game with Matchbook, the liquidity and market depth is shown below.

matchbook liquidity

If you have checked out our recent Matchbook review you will have seen that Matchbook actually has a very solid football offering, much better than might be expected for a smaller exchange and something which is already apparent in the comparison with Betdaq.

With only just under £150k matched at Betdaq versus nearly £220k at Matchbook, it shows that Matchbook is the more popular choice with fixtures such as above.

Unfortunately, as I have attested to earlier in this review of Betdaq, they do sometimes seem to struggle with liquidity on some less popular events, this includes the F1 constructors championship (taken mid season and showing no market depth and only £26 matched overall):

betdaq exchange liquidity

Despite this evident lack of support for certain markets being apparent, it is also fair to point out that Betdaq does hold up pretty well when looking at some of the more epopular sports including Horse Racing, plus also Tennis, Golf and, as we have just seen, mainstream Football.

betdaq racing liquidity

In this example of a typical Saturday afternoon race at Betdaq (above) we can see that nearly £40k has been matched approximately 50 minutes before the start and, generally speaking, we also have a tight spread of odds to make this market of good value.

Below is the same race at Betfair at the same time:

betfair racing liquidity

Immediately we can see that Betfair do have much more liquidity in the race than Betdaq (over 3 times the money has been matched). What is also worthy of note is that the odds are virtually the same across both exchanges and that Betdaq is not too far behind Betfair in terms of the market depth (money available) on most of the top selections in this race.

Also, like Betfair, Betdaq also feature live video feeds of many of the races they cover! This means, just like Betfair, they have really set themselves up well as a good exchange for those betting on horse racing!

Accumulators at Betdaq


Betdaq has a good exchange based multiples offering for those seeking such a function of their betting exchange account.

betdaq multiples

To create an accumulator, simply add selections to your betslip. Once you've added a minimum of 2 selections, the betslip will automatically display the “Multiples” options below the main betslip.

NB - You can only create multiples using back bets at Betdaq. If you'd like to lay a multiple, take a look at our review of Smarkets.

As with multiples at other exchanges, only one selection from each event can be added. If you add more than one selection from a single event to your bet slip, you will receive a warning message as shown below.

betdaq accumulators

Some bookmakers such as Coral, Bet365 and William Hill and others provide Bet Builder features that all customers to add multiple selections from the same or different events into one multiple. 

Various types of multiples are accepted such as doubles, trixie's, patents or as shown below, a treble.

betdaq acca

 

Live Streaming and Match Stats


Betdaq currently offers live streaming across most UK and Irish horse racing alongside other selected horse racing events worldwide.



In addition to this coverage of horse racing, live streaming is also available across many of the UK’s greyhound racing tracks. To stream a race, you must place a bet (back or lay) of £1 / €1 or more on the selected event.

Whilst this streaming set-up is by no means as comprehensive as the one on offer from market leaders, Betfair, and doesn't feature any streaming of European football or tennis either, it does help compliment the Betdaq exchange offering nicely.

Although the live streaming functionality for football matches is limited, there is an excellent live stats box available on most football games.

betdaq in-play

In addition to these live stats, Betdaq also has a solid football stats page that is easily accessible for each game and shows the previous performance stats for each team that is playing.

betdaq live stats

As can be seen above, in this case for Netherlands vs Czech Republic, we can easily see recent form, average goals, number of cards plus many other stats prior to betting on the game. Sure, this information can be gained elsewhere, but by making it part of the exchange page for the fixture itself, Betdaq have done a good job of making such important data easily available.

Betdaq Sportsbook


Betdaq is first and foremost a betting exchange allowing customers to place both back and lay bets across a wide selection of sporting events. What might not be immediately apparent is that (much like Betfair and recently Smarkets) they also offer their exchange customers a sportsbook product as well!

Betdaq Sportsbook

Naturally, you might be wondering what the benefit of this approach is, especially given the higher odds usually associated with exchange betting, right? The simple answer is really down to the liquidity, market depth and general availability of certain bets found on the exchange, to see this in action, let’s consider a Wimbledon tennis game the day before it commences:

Betdaq Sportsbook odds

As can be seen above, with no money matched yet (the afternoon before) nor any money available to bet against, the exchange is clearly not the right place for this kind of bet. Moving on to the Betdaq sportsbook and we see a different story:

Betdaq Sportsbook markets

As above, thanks to heading on over to the Betdaq Sportsbook, we now have the ability to bet on this game (but be aware, the old limitations associated with bookmakers such as max bet size might start coming into play again here).

Next, let’s compare this above tennis match between Marton Fucsovics vs Jannik Sinner at another popular, mainstream bookie, William Hill, as well as betting exchange leaders, Betfair:

william hill odds

Looking at William Hill first (above) we see very similar odds on offer to those at Betdaq, below is the same match at the Betfair Exchange:

betfair exchange odds

Looking at the Betfair market above, first it is clear there isn't much liquidity here with only £152 currently matched, but it is also clear that the odds are slightly higher (as would normally be expected with an exchange).

Finally, it should also be noted that, whilst the sportsbook is more about having convenience than it is amazing odds (usually associated with exchange betting), it also brings with it support for multiples bets, cashing out of multiples bets as well as the ability to easily get a bet on virtually any market at a fixed price (odds on the exchange can sometimes be quite volatile!).

The Betdaq Website & Smartphone Apps


Having a user-friendly and easy to navigate app and website is essential for a betting exchange.

betdaq website

Thankfully, with Betdaq, we see a very clean and easy to navigate website which is supported by a very user friendly app available for both iOS and Android.

All of the main markets can easily be navigated using the exchange menu on the left of every page and the top menu makes navigating to different sections of Betdaq such as the Sportsbook and casino easy as well.

Betdaq provides a very nice, clean and user-friendly design via both their website and app.

Betdaq Casino


As well as offering sportsbook and betting exchange products, Betdaq also offers a excellent selection of casino, virtual sports and slots based games across both the main website and via the Betdaq smartphone apps.

betdaq casino

Favourite franchises on offer include Megaways, Starburst, Britain's Got Talent and Rainbow Riches amongst many other popular games. Interestingly however, as of time of writing, Betdaq do not yet have any live casino games on offer!

Whilst exchange betting is clearly the focus at Betdaq, it is still great to see that some casino favourites are provided should they ever be required!

Bankroll Management


Betdaq provides users with a system to allow them to track P&L and their bet history.

betdaq account

The “My Bets” screen shows any current bets and multiples open on either the exchange or sportsbook and the market P&L screen (shown above) shows total profits and losses over a given period using Betdaq.

Overall a useful reporting system covering both activity on the sportsbook and betting exchange as well as any multiples placed at Betdaq. 

Deposit and Withdrawal Options


Deposits


Betdaq currently accepts deposits both Great British Pounds (GBP) and Euros (EUR).

And via the following banking methods:

  • Debit card

  • Skrill

  • PayPal

  • Neteller

  • Bank Transfer*


Deposits are free of charge at Betdaq and all carry a £ / € 10 minimum deposit amount (* bank transfers have a minimum of £ / € 200).

Withdrawals


Similar to their deposit methods, the following options are available for withdrawals:

  • Debit card

  • Skrill

  • PayPal

  • Neteller

  • Bank transfer


Again, withdrawals are free and there is a minimum withdrawal amount of £/€10.

Help and Support


As well as providing a comprehensive help section, Betdaq customer support is available via the following methods:

  • Phone: 0870 178 1021 (calls cost 13p per minute, plus any network charges)

  • Email: (helpdesk@betdaq.com) 

  • Live Chat: (for logged in customers only) Hours: Mon - Sat 8am to 9pm & Sun 9:30am to 8pm

  • Social: Facebook, Twitter & Linkedin



Betdaq

Bet £10 Get £10

VISIT SITE!

18+ only. Certain countries only. API/RDT customers excluded. Min £10 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. Depositing directly via bank card. No cashout. New customers only. The free bet will be credited within 72 hours to your account once the staking requirement has been met. T&Cs Apply. #ad

Betdaq PROS

  • Generous Welcome Offer
  • Low Commission

Betdaq CONS

  • Less liquidity than Betfair Exchange
Betdaq Facts

About Betdaq

website betdaq.com
founded2000
online since2000

Deposits

Debit Card Min £10
Skrill Min £10
Neteller Min £10
PayPal Min £10
Bank Transfer Min £10

Withdrawals

Debit Card 2-5 Days
Skrill 1 Day
Neteller 1 Day
PayPal 1 Day
Bank Transfer 3-7 Days

Features

BACK & LAY BETS
LIVE STREAMING
CASH OUT
ONLINE CASINO

Contact

Twitter
Facebook
Live Chat Available

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