BETDAQ The Sports Betting Exchange
£25 Free Bet
New customers open an account with Betdaq using the special promotional code FB2515. Then when you earn your first 4 commission points, your account will be credited with a free bet of £25. 1 commission point is awarded for every £25 won or lost on settled exchange markets.
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.
Range of Sports
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:
- Greyhound Racing
- Rugby Union / Rugby League
- Formula 1
- American Football
- 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.
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.
As from 1st October 2015 they introduced a new commission structure, where you’ll pay just a flat rate of 2% on all winnings derived from offers you make on the exchange (A bet offer is any bet that doesn’t automatically match a pre-existing offer from another customer when it reaches the exchange. It becomes available for another customer to match).