In the betting provider industry, a distinction is usually made between two large groups. On the one hand, there are the classic bookmakers, and on the other, the so-called betting exchanges. The difference between the two is that betting exchanges place bets directly against other players – just as if a bet were placed against the person sitting next to you in the pub. One of the best-known betting exchanges of today is the company Betdaq, which put its roots in the ground in Ireland in 2000. Since 2013, in turn, the offer belongs entirely to the British giant Ladbrokes. Unfortunately, German bettors cannot currently register, which is why I recommend the betting provider comparison for suitable alternatives. However, since the offer can be described as interesting and versatile anyway, I have summarized my Betdaq experiences in detail below.
1.betting offer and registration at Betdaq
Why Betdaq can often be called the second largest betting exchange behind Betfair, can be quickly seen when looking at the portfolio. While exchanges are usually equipped with very few disciplines, this “cup” seems to pass Betdaq by. The portfolio of the bookmaker is enormously extensive and includes a total of 20 different sports. These include, of course, soccer, tennis, ice hockey, basketball or even boxing. In addition, the provider also attaches great importance to dog racing and has MMA, Australian Rules, virtual sports, snooker or darts in its portfolio. So there is no reason to complain, especially since the depth can be increased to a similarly strong level. Those who are fixated on soccer will find competitions from all over the world at the British provider according to my Betdaq experiences. In detail, this means that, for example, you can bet on soccer in Germany, Belgium, Bulgaria, Hungary, Iceland, Israel or Japan. What is also really exciting is the fact that the possible competitions do not only include the top two leagues. Even the regional league can be found in the portfolio according to my Betdaq experience, which can already be described as very high-caliber.
2.The bonus offer from Betdaq.
For new customers, the bookmaker has a very special bonus on offer according to my Betdaq experience. This is not issued as a classic deposit bonus, but is paid as a small reward for the first bets of new bettors. A maximum of 25 pounds can be earned, which is of course quite respectable for a betting bonus without any special requirements.
In order to activate the bonus offer as a new bettor, only the promo code “FB2515” has to be entered when opening the account. Once this is done, the amount is already activated. For the crediting of the betting account, the qualifying bets are then first required, during which the Exchange points are then collected. For four Exchange Points collected, the bettors collect the bonus, whereby one Exchange Point is always paid out for every 25 pounds wagered. In short, if the bettors have wagered at least 100 pounds, the bonus is transferred to the account. Whether one’s bets were won or lost does not matter, according to my Betdaq Bonus experiences. However, the qualifying bets must be placed within six months of opening the account. The bonus is then credited in the form of a free bet, which in turn is valid for 14 days.
3.Live betting and streams at Betdaq.
Somewhat surprising is the fact that live bets can also be placed at the betting provider without any problems. So far, the portfolio is mostly limited to the most important sports, but this service is once again first-class and has clearly earned a plus point in my Betdaq Review. However, it is not only the availability itself that is convincing, but also the technical and visual implementation. The entire live center is very superfluous and can be screened within a few moments. For dog races, the site also offers its own live broadcasts and replays, allowing tipsters to watch live with their own eyes. So all in all, a surprisingly strong performance.
4.Betting odds and limits at Betdaq.
Basically, the selection of betting options and odds is clearly superior to the competition from Smarkets, for example, and can therefore be given a positive rating in the Betdaq Review. However, bettors should always make sure that a suitable stake is offered for the bets. Directly next to the tips, the respective stake can be set with a slider. And especially when higher amounts are to be bet, it can quickly become thin in the selection. However, this is only meant as a small hint, because so far I have always been able to place all bets with the provider with the desired stake.
Limits: Here you can let it rip
If you want to register as a high roller at Betdaq, you can do so without any nasty headaches. The offer of the platform allows betting winnings of up to 100,000 euros, which may be brought in within 24 hours. For newcomers and inexperienced bettors, the offer is available from a stake of two euros per bet.
5.These payment methods are available at Betdaq.
In essence, the processing of deposits and withdrawals can be described as straightforward and simple in my experience with Betdaq. The exchange provides various options and also sets a real highlight for British customers with PayPal. In addition, however, Mastercard and Visa credit cards, Skrill or Neteller are also available, for example. However, the joy about this good variety is diminished a little bit again by the fact that fees are always charged for deposits at sports betting with credit cards and PayPal. For transactions with PayPal, two percent fees must be factored in, and for credit cards it is 1.50 percent. Withdrawals can also be processed conveniently, even if the various specifications on the part of the betting exchange must be taken into account. However, there are no problems or difficulties during the entire processing of deposits and withdrawals.
6.Mobile betting at Betdaq
According to my Betdaq experiences, the portfolio of the betting exchange does not only consist of the regular offer for the computer. Instead, a mobile alternative is also offered, which is even provided in several variants. In detail, this means that bettors can download a version for their Android and iOS devices. The download is of course free of charge and done within a few moments. If no device from one of these two operators is available, it is possible to switch to the mobile web app. This is just as easy to use and control, but does not require a prior software download. So in both cases, according to my Betdaq Review, these are interesting alternatives for mobile sports betting. The Betdaq app of the provider is definitely recommendable.
7.Additional offers and extras at Betdaq.
Sports betting is far from being the only component in the bookmaker’s portfolio. Instead, in my Bedaq experience, great importance is also attached to the fact that bettors can pass the time between sporting events. A suitable place to go is, for example, the Betdaq arcade, which is filled with more than 100 different games. In addition, there is also a separate area for virtual sports and the so-called “Sports Pools”. These are small competitions in which you can often win enormously impressive prizes.
8.Security and license of Betdaq
As already mentioned, the British group Ladbrokes is behind the offer of the betting exchange. The company can be called one of the largest gambling groups without any ifs and buts and has the status of a “legend” especially in the field of sports betting. In addition, the in-house history also speaks for the company, because Betdaq itself has been operating successfully since the year 2000. According to my experience with Betdaq, the seriousness of the operation is also underlined by the fact that the bookmaker has an official license from the Gibraltar government. Additionally, the control is supported by the fact that the British Gambling Commission is also responsible for the regulation. Therefore, there can be no doubt that Betdaq works seriously.
9.The customer support at Betdaq
The experience with the customer support plays a major role in the Betdaq Review. The betting exchange basically takes very good care of its bettors and provides various options for establishing contact. For example, there are three hotlines available for customers, all of which can be used. An e-mail, a fax number and even a live chat are also part of the customer service. In all cases, the advice is given in English.
Useful: A search function has also been integrated into the customer service. If a certain term is entered there, the bookmaker immediately searches through all articles in the help section. If there is something suitable, it will be displayed within a few seconds.
Conclusion on Betdaq
In my Betdaq Review, the betting provider was able to convince in various areas. First of all, the high level of security and trust is of course promising. A Betdaq scam can be completely ruled out, because behind the provider is Ladbrokes, a real giant of today. In addition, however, the portfolio also makes an extremely healthy impression, as bets in more than 20 different disciplines can be found. This is a good selection for a betting exchange and speaks for the dedicated work of the company. The only point of criticism is currently only the lack of translation of the website, which is unfortunately only available in English so far. However, this is also acceptable on balance, so that a very positive overall conclusion can be drawn.