BETDAQ Sports Betting Exchange

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. In February 2013 BETDAQ was acquired by Ladbrokes plc.

BETDAQ is powered by a betting exchange platform operated by Exchange Platform Solutions Limited, which matches in excess of £75 million worth of bets each week. So when you bet with BETDAQ you know your bet is backed by the strength of a global business.

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Up To £1,000 Cash Back

New customers open an account with BETDAQ using the special promo code DAQBACK and at the end of the first 30 days you'll receive a cash rebate of any commission paid in those 30 days, up to a maximum rebate of £1,000. Please note this offer is not available to API, RDT or Trading Tool customers.

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Range of Sports

BETDAQ offer betting opportunities on all UK, Irish, French and South African horse racing, plus a number of other sports.

Horse Racing Horse Racing
Greyhounds Greyhounds
Soccer Soccer
Golf Golf
Cricket Cricket
Tennis Tennis
Rugby Union Rugby Union
Ice Hockey Ice Hockey
Snooker Snooker
American Football American Football
Darts Darts
Rugby League Rugby League
Basketball Basketball
Formula 1 Formula 1
Baseball Baseball
Boxing Boxing
Australian Rules
GAA

Exchange Starting Price (XSP)

On selected markets where the XSP icon is displayed, Betdaq gives customers the option to place bets that are not otherwise matched on the exchange, at an Exchange Starting Price (XSP). Betdaq calculate and display the XSP when an event is being turned in play.

Commission

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 are offset by the increased odds you get betting on a betting exchange, compared to betting with a traditional bookmaker.

In-Play Betting

In-Play or sometimes referred to as In-Running betting is where you bet on the outcome of an event after it has started and up to when it ends. You can see how well your fancied horse is running, before deciding to back it or lay it. Or you can trade one or more horses during a race to hopefully make a profit no matter which one wins the race.

Odds Trading

In addition to regular betting, Betdaq also gives you the opportunity to trade the odds, either prior to or during an event. Back a selection at higher odds and lay the same selection at lower odds, to guarantee a profit, whatever the outcome of the race. There are many ebooks and software programs around help you with this. See the Exchange Trading section for more information.

Mobile Betting

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.

Bet Types

BETDAQ offer the following types of bet on horse racing:

  • Win, Place, Each-way and Match Betting
  • Doubles, Trebles, Four Fold, Five Fold, Six Fold, Seven Fold, Eight Fold
  • Trixie, Yankee, Super Yankee, Heinz and Super Heinz

Depositing Funds

Betdaq offer a number of ways in which you can deposit and withdraw money to and from your account.

  • UK & Irish Issued Debit Cards, including Visa Debit, Laser, Maestro, Mastercard Debit & Visa Electron (0% Charges)
  • VISA & MasterCard Credit Cards (1.5% Charge on all deposits)
  • Neteller, Skrill, MoneyBookers
  • Paypal (2% Charge on all deposits)
  • Online banking, Bank Transfer or cheque (funds can not be withdrawn by cheque)