Betdaq
Betting Exchange with low commissions
- Pros
3% commissions compared to (min) 5% with Betfair
Runner-up for Top Betting Exchange - Cons
Limited liquidity compared to Betfair
No live chat and slow support -
Bonus:
Min. deposit: €10
BETDAQ is one of the world’s leading betting exchanges, offering betting markets on a range of international events with more than £50 million worth of bets every week. The significant advantage compared to Betfair is that you only pay 3% of your winnings in commission, compared to 5% with Betfair. You can even bet on multiples, or use a tradional bookmaker on the site. Founded by Irish businessman Dermot Desmond, a major shareholder in Glasgow Celtic Football Club.
Selection
Betdaq doesn’t offer as many betting options as its competitor Betfair, but all the popular markets are usually enjoying sufficient liquidity for most punters. You’ll find all the US sports, football, tennis, golf, cricket, darts, rugby, politics, snooker and a proper coverage of horse racing.
Odds
The significant advantage compared to Betfair is that you only pay 3% of your winnings in commission, compared to 5% with Betfair. The odds themselves are always competitive and often in line with Betfair, but the difference in commission should not be underestimated.
In-play
Bet in-running is allowed on certain sports, with markets updated every few seconds. Not as competitive a selection of live matches as Betfair, especially the amount of markets available. But still competitive. Horse racing is even covered with free live streaming from At The Races.
Transactions
Betdaq support the most popular payment methods with fast payouts. 2.5% deposit fee with PaySafeCard and 1.5% with VISA and MasterCard. Before making your first deposit you must scan the following documents, attach them to an email you send to helpdesk@betdaq.com.
1) A copy of a machine readable passport.
2) A copy of a recent utility bill or bank statement.
Website
The website is very similar to Betfair.com so people who are familiar with the back/lay features of a betting exchange will have no problems with Betdaq. In addition to the betting exchange, Betdaq also offer a tradional bookmaker where the odds are derived from the exchange providing very competitive prices. Several unique trading software programs are available for download. Tools to assist traders in making more well informed decisions.
Support
Betdaq helpdesk is on hand 24/7 to assist you in any way possible. Whether you need help depositing, activating your account or simply getting started they are available and happy to help you out. There is a helpful HELP section with FAQs, but if you have any queries that are not covered in this HELP section, then you can contact Betdaq helpdesk via email at helpdesk@betdaq.com or telephone + 353 1 6733360. Email support can take up to 3 hours to get a response.
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