BETDAQ Sports Betting Review (2020)

BETDAQ
4.3 / 5
  • 0% commission fee for select markets
  • A Sportsbook, Exchange, and Casino
  • Dedicated “Football Statistics” section
Latest Offer
Latest Offer
Bet £10 Get £10
T&C APPLY, 18+ ONLY

FEATURES

UK Gambling Commission
UK Gambling Commission License Logo
Live Stream
VIP Program
Cashout
Bet Builder
Support 247
Native App
Crypto Currency
Established in 2000

PROS

  • 0% commission fee for select markets
  • A wide range of welcome offers
  • A Sportsbook, Exchange, and Casino
  • “Trading Tools”, and “Betdaq Tips”
  • Dedicated “Football Statistics” section

CONS

  • Limited payment options
  • You can only live stream horse races and greyhound races
  • Limited promotional offers
  • 0% commission fee for select markets
  • A wide range of welcome offers
  • A Sportsbook, Exchange, and Casino
  • “Trading Tools”, and “Betdaq Tips”
  • Dedicated “Football Statistics” section
  • Limited payment options
  • You can only live stream horse races and greyhound races
  • Limited promotional offers

BETDAQ Sports Betting Review - Ultimate Guide

BETDAQ is the second largest online betting exchange in the United Kingdom. The platform charges a commission rate of 2% on football, horse racing, greyhound racing, cricket, and virtual sports markets; all other markets are commission-free. BETDAQ is the official online betting partner of Celtic F.C. and a sponsor of London Irish Rugby Club.

The purpose of this review is to determine whether BETDAQ is among the best in the business and to see whether it is an ideal betting platform for our readers.

 

Registration Process
5 / 5

  • Click on the blue “JOIN NOW” button
  • 5 step Registration process
  • Enter personal identification details
  • Upload documents to prove your identity

 

Registration

 

To register at BETDAQ,  click on the blue “JOIN NOW” button which is present at the top-right hand side of your screen.

As can be seen from the above image, the first step of BETDAQ’s registration process requires you to select your title, full name, date of birth and email address. Once you have correctly entered these details, proceed to the second step.

 

Registration

 

The second step requires you to select your country of residence and enter your full address. Once you have correctly entered these details, proceed to the third step, where you’ll be asked to create a unique username, a password and select a security question.

 

Registration

 

Choose the currency of your preference and enter the promo code “BDQ10” (we will go over the betting site’s welcome offer in more detail later on in this review). Click on the box which confirms that you are over 18 years of age, and that you accept BETDAQ’s “Terms and Conditions”, “Age Verification Policy”, and “Exchange Best Execution”.

 

BETDAQ Registration

 

At this stage, you can opt into receiving information about BETDAQ’s latest offers, free bets, bonuses, and live betting updates via the communication channels shown in the image above.

 

Registration

 

You cannot deposit funds into your BETDAQ account until or unless you upload documents to prove your identity and address of residence and have said documents verified by the bookmaker. 

 

Deposit and Withdrawal Options
4 / 5

  • Several payment methods to choose from
  • Minimum deposit amount is £10
  • Minimum withdrawal amount is £10
  • Deposits are processed instantly
  • Withdrawals take up to 5 business days to be processed

To deposit funds into your BETDAQ account, you must click on the blue “Deposit” button at the top-right hand side of your screen. As has been mentioned in the previous section of this review, you cannot deposit funds until the betting site has verified your identity, so make sure that your documents have been fully reviewed at this point.

BETDAQ accepts 5 payment methods: Debit Card, PayPal, Skrill, Neteller and Bank Transfer.

The minimum deposit amount on offer at the online betting platform is £10. Deposits are processed instantly and do not come with an accompanying fee. If you wish to set a daily deposit limit, the maximum daily deposit limit is capped at £5,000.

The same payment methods are on offer for withdrawals. The minimum withdrawal amount is £10, and withdrawals are processed within 5 business days, and come without an associated processing fee.

The bookmaker may ask you to upload documents to verify your identity when you initiate your first withdrawal, if you make a large withdrawal or in due course of subsequent withdrawals.

 

Welcome Offer
5 / 5

  • A £10 free bet welcome offer for new players
  • Certain terms and conditions apply
  • Promo code – BDQ10
  • PayPal, Neteller, and Skrill deposits do not qualify
  • Other welcome offers are available too

 

BETDAQ Welcome Offer

 

To opt into BETDAQ’s welcome offer, enter the promo code “BDQ10” while you are registering your new account. Place a qualifying bet of £10 or more at odds of 1/1 (2.0) or greater on BETDAQ’s Sportsbook or Exchange within 14 days of registering at the betting site. It must be noted that multiple bets and bets placed on virtual sports, and games do not qualify.

Deposits made via PayPal, Neteller, or Skrill do not qualify for this offer.

You will receive your free bet within 72 hours of the staking requirement being met. You must use the free bet within 7 days of receiving it. The free bet cannot be used in conjunction with any other promotional offer.

There are several other welcome offers for new customers. As a new customer, you can opt into receiving 10% cash back on your net losses – up to £1,000 – for your first week of betting action at BETDAQ. To opt in, use the promo code “BETINS” while signing up. You must place at least 5 bets and lose a minimum of £50.

BETDAQ also offers up to £1,000 cash back on the commission that you pay on BETDAQ’s Exchange for your first month at BETDAQ. Simply use the promo code “DAQBACK” during the registration process to opt in.

 

Sportsbook Promotions
2 / 5

  • One promotional offer available at the time of writing (05/2020)
  • Best odds guaranteed on UK/Ireland horse racing

 

BETDAQ Promotions

 

At the time of writing, BETDAQ is offering 1 promotional offer for existing customers – the best odds guaranteed on United Kingdom/Ireland horse racing. This offer includes Board Prices, Early Prices, and Singles. The lack of promotional offers may be a direct result of the COVID-19 pandemic. We hope that BETDAQ offers more sports-based promotional offers in the near future.

VIP Program

Currently, BETDAQ does not offer a VIP program or a loyalty reward system of any kind. A solid VIP program often contributes towards attracting new customers and retaining loyal players. Given the betting site’s stature in the United Kingdom and overseas, we hope that BETDAQ provides a VIP program sooner rather than later.

Pre-Match Offer
4.5 / 5

  • 15 sporting disciplines to bet on
  • Excellent quality of odds, coupled with active betting markets
  • The 2nd largest online betting exchange in the United Kingdom
  • Sports pools on offer
  • Minimum stake amount of 50p

 

Betdaq Pre Match Offer

 

Presently, BETDAQ offers odds on over 15 sporting disciplines. You can punt on a wide array of betting markets, including popular sporting disciplines like Football, Horse Racing and Tennis, as well as relatively less popular sporting disciplines such as Darts and Snooker. This ensures that bettors have a variety of betting markets to choose from.

The minimum stake that you can place on a Sports-based betting market is 50p. The maximum stake amount varies from sport to sport, and depends on the number of selections that you have made and the odds that you are backing.

Before placing a bet on a sports-based betting market, it is important to calculate the margin of profit that a betting site is charging.

The higher this margin is, the lower your chances are of winning a placed bet. You should look at punting on betting variants with a margin which is nearer to the 100% (ideal) mark, rather than betting variants with a margin which meets or exceeds the 110% mark. To calculate this margin, you should determine the Odds Overround for a betting variant in question.

To determine the odds overround for a betting variant, you must first convert each fractional outcome of a betting variant into the decimal form. Once you have performed this conversion, you must divide each of these outcomes by 100 – add the resulting numbers together. With the help of the resulting number, you can determine the margin of profit that a betting site is charging you.

To help you understand this concept, we calculated the odds overround for a match to be contested between Stuttgart, and Hamburg, in the German Bundesliga. The odds overround were found to be 109.49. This indicates that BETDAQ offers competitive odds, albeit on the higher side, and active sports-based betting markets.

BETDAQ also offers sports pools (on Football and Horse Racing). Pool-based betting involves you either betting as a “Solo” punter as a member of a “Syndicate”, or as a “Captain” as a part of your own Syndicate.

Players can also enjoy a great online betting exchange. As is common knowledge, an exchange means that you either lay or back a bet on the platform. When you are backing a bet, you are backing an event to result in a win.

Your placed bet may be countered by a customer who is laying your bet, or in other words is betting against the outcome that you favour. When a customer is laying a bet, he is, in turn, acting as a bookmaker, and offering you odds for a bet that you want to place.

BETDAQ offers the second largest online betting exchange in the United Kingdom, backed by good liquidity. Ladbrokes purchased BETDAQ in 2013, meaning that the liquidity enjoyed on Ladbrokes’ Exchange is channelled into BETDAQ’s Exchange.

Esports

At the time of writing, the betting site offers odds on Counter-Strike: Global Offensive, Dota 2, and StarCraft II.

While the betting site does not offer the largest of esports offerings, BETDAQ offers odds on several popular tournaments throughout the year. Before betting on an esports tournament, you should go through previous tournament results, official rankings, team form guides, and play the actual game yourself.

The minimum stake that you can place on an esports-based betting market is 50p. The maximum stake amount varies from esport to esport, and depends on the number of selections that you have made and the odds that you are backing.

Other Specials

Presently, BETDAQ offers odds on Politics and TV & Novelty-based betting markets.

When it comes to betting on politics, you can choose to place a bet on the Next US Presidential Election, the Next Scottish First Minister, the London Mayoral Election, and the Next UK General Election.

When it comes to TV & Novelty, you can bet on the BBC Sports Personality of the Year 2020.

Cash Out and Bet Builder

Presently, BETDAQ offers Cash Out betting but not Bet Builder. Given the fact that Bet Builder allows you to create a custom-made bet with a combination of outcomes and selections to your liking, the lack of this feature is undeniably a chink in BETDAQ’s betting armour.

Cash Out is a highly useful feature which allows you to retrieve your placed stake during match which is in-play. Depending on the odds in favour of your placed bet at the time of initiating a cash out and its exact instance, you could end up retrieving more or less than the initially placed stake.

Cash Out is generally used when a punter feels that he may lose a placed bet, or when he has already reaped a significant profit off a placed bet. Either way, you must ensure that you initiate a Cash Out before the completion of an event that you have bet on.

 

Live Offer
4 / 5

  • Above-average live betting arena
  • Live streaming available for horse racing and greyhound racing
  • Dedicated “Football Statistics” section

 

BETDAQ Live Offer

 

To access BETDAQ’s in-play section, click on the “Sportsbook” option present on the betting site’s main navigation bar at the left-hand side of your screen, followed by the “In-Play” option.

If you look at the left-hand side of your screen, under the “Popular Links” header, you will see an option to gauge “Football Statistics” and an option to go through “Racing Results”. Just below these options exists the betting site’s main sports slider.

At the centre of your screen, you will see the various in-play matches on offer at the betting site at that moment. Click on an in-play match of your choice.

BETDAQ offers a wide variety of betting markets and an equally impressive offering of unique and popular betting variants. Players can also live stream horse racing and greyhound racing and access in-play visualisations, the option to cash out and a live scorecard with second-by-second live updates.

For football in particular, upon clicking on a football match of your choice, if you look at the right-hand side of your screen you will see match facts, a league/tournament form guide, and head-to-head results, among other statistical insights.

 

Security
5 / 5

  • Licensed and regulated by the Gambling Commission (UKGC)
  • SSL encrypted
  • A detailed “Responsible Gambling” section
  • Several responsible gambling tools
  • Reliable, secure and transparent

BETDAQ ensures that all transactions that place over the betting site are done so in a secure manner. Your personal identification information and stored funds are safe from the reach of hackers and miscreants. Rest assured that BETDAQ has your back. The betting site is also licensed and regulated by the United Kingdom Gambling Commission.

If you scroll down to the bottom of your screen, you can access BETDAQ’s “Responsible Gambling” section where you can find information on how to practise a safe mode of betting, a responsible gambling questionnaire, underage gambling information, parental filtering solutions and additional sources of help.

If you access your account, you can make use of several responsible gambling tools. First and foremost, you can set a daily, weekly, or monthly deposit limit, as well as a stake limit. If you need constant reminders as to how long you have been betting on the platform, you can make use of the betting site’s reality check feature.

If you ever feel the need for a temporary break, you can take a Time-Out. If you need an extended break, you can self-exclude for a duration of six months or more at a stretch. It must be noted that you cannot access the betting platform during this time.

It must be kept in mind that BETDAQ has no control over you winning or losing a placed bet. All the numbers that are generated on the platform are done so in due course of a random number generation procedure. The betting site is not linked to any criminal activity, and ensures that your stored funds are not used towards operating its various platforms.

 

Service and Customer Support
4 / 5

  • Live chat, phone, and email
  • Limited hours of availability
  • A dedicated help centre

 

Support

 

To access BETDAQ’s “Contact Us” section, you must scroll down to the bottom of your screen, and click on the respective option. As can be seen from the above image, you can contact customer support via live chat, email, and phone. BETDAQ offers limited hours of customer support availability. To initiate a live chat, you must click on the “Live Chat” option.

 

Support

 

As can be seen from the above image, if you choose to make use of BETDAQ’s on-site email form, you must enter your registered email address, the subject of your inquiry, your full name, type out your question, select the category of your inquiry, attach documents, if any, and click on the purple “Continue” button.

BETDAQ offers a dedicated “Help” centre as well, with several pre-answered questions. You can access this section by clicking on the respective option present at the top-right hand side of your screen.

 

Design and Usability
5 / 5

  • Simple design
  • Easy navigation
  • Dedicated football statistics, trading tools and betting tips sections

BETDAQ’s website has a simple design with easily accessible features. The site is set in a colour combination of purple and white. While the website’s build does not exude fanciness, its features more than make up for a simplistic outlook.

BETDAQ’s main navigation bar consists of options to access the betting site’s “Exchange”, “Sportsbook”, “Casino”, “Sports Pools”, “Promotions”, “Trading Tools”, and “BETDAQ Tips” sections, among other options.

If you click on the “Trading Tools” section, you can enhance your exchange experience by making use of API integration and /or free trading software tools. There are several tutorials on offer for beginners as well. If you click on the “BETDAQ Tips” section, you can access blogs which list tips, strategies, general information and the latest sporting news.

If you look at the left-hand side of BETDAQ’s homepage, you will see a “Popular Links” header under which you will find options to access coupons, “Virtuals”, “Football Statistics”, “Racing Results”, and “Racing Replays”.

Just below these options exists BETDAQ’s main sports slider, complete with over 15 sporting disciplines. You will see in-play matches at the centre of your screen, a slider with graphical information about the latest betting news, and your current bet slip at the right-hand side of your screen, coupled with promotional offer details.

If you scroll down to the bottom of your screen, you will see options to access the betting site’s “Terms and Conditions”, “Responsible Gambling”, Privacy Policy”, “Cookie Policy”, and “Contact Us” sections. You will also see options to access some quick links, the various organisations BETDAQ is affiliated with and the payment options on offer.

Overall, BETDAQ offers an excellent blend of features. The provision of separate sections dedicated to football statistics, trading tools and tips is a huge plus. That being said, BETDAQ’s design could use a more modernistic punch some time in the future.

 

Mobile
5 / 5

  • A great Sportsbook app on offer
  • A separate Exchange app
  • A mobile-friendly website available

BETDAQ offers both a sportsbook app and an Exchange app. You can download the two apps via App Store if you are an iOS user and from Play Store if you are an Android user. If you do not want to download the app, or if you do not have enough memory space on your device, BETDAQ offers a mobile-friendly website as well.

The Sportsbook app offers live horse racing and greyhound racing streams, in-play visualisations, a plethora of options to customise your betting experience, up-to-date prices, a user-friendly experience, a comprehensive soccer stats feature, security, cash out, a unique-to-app search feature and an option to log in to your account via fingerprint authentication.

Most importantly of all, BETDAQ’s Sportsbook app allows you to bet on the go without having to access a laptop or a desktop computer. The same sports-based promotional offers found on the main website are also on offer on the app. The Exchange app also meets these same high quality and standards.

Other Products

  • A dedicated Casino section
  • Slots-based welcome offer
  • Promo code – BETINS

To access BETDAQ’s “Casino” section, click on the respective option present on the betting site’s main navigation bar. Players can find Table Games (Blackjack and Roulette), Slots, Jackpots, Arcade, and Virtual Sports (Virtual Horses and Virtual Dogs).

If you have joined BETDAQ for its Casino offering, you should take advantage of its Slots-based welcome offer. BETDAQ is offering 10% on your net losses for your first week at BETDAQ, up to £1,000 – use the promo code “BETINS” during the registration process. You must place 5 or more bets within 7 days of having registered at BETDAQ, and have lost a minimum of £50.

 

ThePuntersPage Final Say

Having gone through each of the bookmaker’s features in detail, we have arrived at a concrete conclusion: BETDAQ offers a fantastic product, and is a wonderful platform for you to punt on. Be it the Exchange, Sportsbook, or Casino – BETDAQ has you covered.

That being said, as is the case with even the best betting sites, BETDAQ has its fair share of cons:

  • Limited payment options and a solitary sports-based promotional offer
  • No VIP program available
  • Does not offer Bet Builder
  • Limited live streaming functionality
  • Customer support only available between fixed times

Having listed out the betting platform’s flaws, let’s explore its pros:

  • A comprehensive registration process, complete with identity verification
  • Several welcome offers available at the time of writing
  • Over 15 sporting disciplines to punt on
  • An excellent quality of odds coupled with active betting markets.
  • 0% commission fee on the Exchange for all most markets (sans football, cricket, horse racing, greyhound racing, and virtual sports, for which it charges an industry-low 2% fee).

Given the fact that BETDAQ falls under the Ladbrokes brand, the liquidity enjoyed on Ladbrokes’ Exchange channels into BETDAQ’s Exchange. BETDAQ offers sports pools as well, which is an excellent addition for many, along with trading tools, betting tips, football statistics, and racing results, making for an all-round betting experience.

You can live stream horse races and greyhound races, and you should make the most of the betting site’s Casino offering too. If you are not interested in BETDAQ’s sports offering, we recommend the betting site’s comprehensive Poker-based welcome offer. BETDAQ offers an excellent app for its Sportsbook and a separate app for its Exchange.

Overall, BETDAQ is an ideal betting platform for football, and racing enthusiasts. The betting site is reliable, safe and overall transparent.  That being said, BETDAQ can work on its flaws to become an even better version of itself.

 

OVERALL RATING:
4.3 / 5