BETDAQ Betting Exchange
BETDAQ are offering new customers up to £200 in free bets and a commission rate of 0% for the first month. To get the Free Bets enter code ALLBDQ03 when registering. On paying £25 commission, you'll be given a £25 free bet. Then for each further £100 paid in commission, you'll receive additional £25 free bets until a cumulative total of £200 in free bets has been received.
BETDAQ is one of the world's leading betting exchanges. The company was founded in 2000 by leading Irish businessman Dermot Desmond and started trading in September 2001.
BETDAQ now matches in excess of £50 million worth of bets each week, from customers drawn from over 100 countries around the world.
BETDAQ guarantee to pay your winnings, as all bet offers made have to be accompanied by the appropriate funds. Additionally, they have lodged a bond with a leading financial institution, which unconditionally guarantees amounts up to US$10 million staked by their users.
BETDAQ offer betting opportunities on all UK, Irish and South African horse racing.
They also offer bets on a wide range of other sports including:
- Soccer
- Cricket
- Tennis
- Golf
- Greyhound Racing
- Rugby Union / Rugby League
- Boxing
- Formula 1
- American Football
- Basketball
- Baseball
- GAA
- Ice Hockey
BETDAQ was the first betting exchange to introduce multiple bets. This bet type has always been popular in traditional betting and allows
A Multiple Bet is any bet that combines 2 or more selections in a single bet. With BETDAQ you can combine up to 7 selections in different events for doubles, Trebles, Accumulators, Trixie, Yankee or Super Yankee bets.
BETDAQ members can use their 1Bet interface to back selections in a traditional bookmaker style of betting.
There is no commission payable when backing with 1Bet. The odds are derived from the exchange bets, but are typically slightly lower than those on the exchange.
The 1Bet provides a good option for anyone who likes to bet in the place only markets, but doesn't want the complexity of the full exchange betting interface.
You can access all of BETDAQ's betting markets on the move from your iPhone or Android device. Their mobile apps encompass all the navigation and usability you'd expect for your mobile.
BETDAQ operates a layered commission structure whereby the more you bet, the lower your rate will be. Commission is charged on your net winnings from any single market. You do not pay any commission on losing bets.
Their standard commission rate is 5%, but you will be able to decrease that to as low as 2%, depending on the volume of bets you have matched.
Commission amounts can easily be offset by the increased odds you get betting on a betting exchange, opposed to betting with a traditional bookmaker