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£30 Betdaq Free Bet

Rating: 3.2 ( 148 votes cast )

Betdaq Free Bet Join BETDAQ Betting Exchange today and get a £30 free bet when you enter promotion code BDQ30FB on the registration form + low 3% commission rate for all new players.

Simply register a new account and place 3 x £10 or more exchange bets at minimum odds of evens (2.0) or greater, singles and multiples accepted. Upon settlement BETDAQ will credit your account with a £30 free bet.

The free bet token must be used within the first 7 days of being credited on either the Exchange or the new BETDAQ Mobile Exchange App at minimum odds of 1.5 or greater, however they cannot be used on Multiples, 1Bet or Games.

Alternatively players are invited to claim 50% commission back for the first 3 month's trading by entering bonus code BDQHALF on the registration form.

Betdaq Review

BETDAQ is owned and operated by Ladbrokes International plc. BETDAQ is the second largest betting exchange operator in the UK and commands a 7% market share. Licensed by the UK Gambling Commission and the Gibraltar Gambling Commissioner, making the company extremely reliable and allowing its customers to place their wagers in a high liquidity betting environment.

The central Global Betting Exchange hub matches in excess of £100,000,000 worth of bets from members and brokerages each week, and the BETDAQ proprietary software ensures that all the available web sites and applications are 100% safe and extremely easy to use. Betdaq
Providing punters the ability to act as a bookmaker by accepting bets on the outcome of specific sports betting markets, commonly known as a lay bet or to back their fancy at generous odds, approximately 15% - 25% higher than most traditional online bookies. BETDAQ merely provide the software platform and web interface to facilitate each transaction taking a small commission on each trade. Most events are turned in play, this is where the real money changes hands, as the odds fluctuate depending on the score line or the hustle and bustle of each horse race.

Betdaq History

BETDAQ is a brainchild of Irish entrepreneur Dermot Desmond. The company was founded back in 2000 and started trading as soon as September 2001, about a year after the first online betting exchange in the world was launched by Betfair. Desmond is well known for his penchant for innovative solutions and new technologies, so it should come as no surprise that he managed to find just the right people to ensure BETDAQ's success.

The first architect of the immense popularity of BETDAQ was Tom Sloanes, the company's Commercial Director, who by that point in time had 20 years of sports betting experience, which he gained while working for Ladbrokes. The man that ensured that BETDAQ would stay ahead of the curve when it comes to functionality and software innovations was Mark Sweetnam, who used to be a software developer at IBM. If that wasn't enough to convince you that the people at BETDAQ know what they are doing, the betting exchange has been purchased by Ladbrokes in 2013 for a price of €30 million. This means the BETDAQ brand will continue to grow, thanks to the 100+ years of experience gathered by its new owner in the sports betting industry.

Betting Exchange - Advantages

One of the biggest advantages of picking BETDAQ over other betting exchanges is the low commission rate for most markets - 3% means that you'll be saving a lot and that your margins will be better than on the other sites, which usually take 5% or more. The minimum stake is always 2 GBP and there are generally no betting limits, which makes BETDAQ a perfect site for punters searching for sure bets, especially since the included calculator tool will allow you to immediately assess how lucrative the wager you're interested in might get. As expected from a betting exchange, the odds are set by the bettors themselves, so on average they are between 15% to 25% higher than with traditional sports books.

BETDAQ offers many different types of bets, which include Over/Under wagers, Totals, Asian Handicaps, Correct Score, Half Time Result, Total Goals and more. The site supports multiple betting selections and was in fact the first betting exchange to introduce this feature, but keep in mind that the list of available sports might feel rather limited if you prefer to place your wagers that way.

However, please note that all the popular options like Football, Horse Racing and Basketball are included, so unless you are a niche sports connoisseur you shouldn't feel like there's something important missing. Finally, BETDAQ has a well-developed live in-play betting section, complete with live video streams that allow BETDAQ users to keep track of the action without actually leaving the site.

BETDAQ 1Bet

Any review of BETDAQ would be incomplete without mentioning BETDAQ 1Bet, a site that was launched in August 2011 to bring a traditional online sports book user interface to exchange betting. Bettors using the 1Bet site won't see any Lay options, as only the Back odds are displayed. Furthermore, the punters aren't required to pay any commission on the prices they view on 1Bet. As you'd expect, the odds are derived from the global BETDAQ betting exchange, which means that they are as competitive as with a standard layout.

Even better, the 1Bet feature allows every BETDAQ punter to quickly switch between the standard exchange and the 1Bet interface, which makes for an extremely comfortable and satisfying user experience. All things considered, BETDAQ 1Bet does a perfect job in terms of combining the simplicity of traditional sports books with the significantly more advanced features that are usually exclusive to a betting exchange service.

BETDAQ Mobile App

The BETDAQ dedicated Mobile App is available for Android devices running on Android 2.1 or higher, as well as modern iPhones and iPads. The app is well designed and very comfortable to use - the smart navigation feature and enhanced search ensure that you won't be wasting time looking for bets that would suit your needs. Multiple betting with up to seven selections is supported and the automatic market refresh ensures that the information you get is always up to date.

Furthermore, the app allows you to check on the bets that you've placed using the desktop software package, which means that you'll be able to monitor all of your wagers and adjust them on the move whenever necessary. BETDAQ's mobile software is also available in a browser-based version, which doesn't even require a smartphone or a tablet to launch. Furthermore, this browser-based app allows you to launch the app on some of the older Apple products, letting you bet on the go even when your hardware is far from being brand new.
The Verdict
BETDAQ offers all the benefits that a betting exchange has over a traditional online sports betting site, such as better prices and higher odds, while simultaneously being extremely easy to use. The support section is also very professional and polite - whether you're asking about the functionality of one of the available tools or trying to solve a technical problem, the response is pretty much guaranteed to be quick and knowledgeable.

However, what really makes BETDAQ so great and unique is the 1Bet feature, which makes the service surprisingly accessible even for inexperienced bettors. Die-hard punters on the other hand will undoubtedly take advantage of the excellent multiple betting functionality, which makes it obvious that BETDAQ has been designed from the ground up by industry veterans.
Deposit and Withdrawal Methods
BETDAQ make funding your account easy, with a £10 minimum deposit amount for the majority of payment methods. All the major deposit and withdrawal options are available, choose from Bank Transfer, Debit Cards, Electron, Mastercard, Skrill, Neteller, Paysafecard and Visa.