- UK Licensed so very safe
- Decent liquidity on top markets.
- Odds good vs most bookmakers.
- Not as good as Betfair
- Poor liquidity on medium/small events.
- Poor site design & mobile app.
Betdaq UK Reivew Detail: Betdaq bet £20 get £20
Betdaq is known as the world’s second-largest online betting exchange, and this review will delve into how it compares to the largest exchange, Betfair, and what features it offers to punters.
As someone deeply involved in sports trading for over 9 years and a regular reader of Cheeky Punter’s blog, I can attest to Betdaq’s value as a secondary betting exchange. When Betfair is unavailable for any reason, Betdaq serves as a reliable alternative.
However, it’s essential to note that while Betdaq has its merits, it may not be the top recommendation for most users. Its primary strength lies in being a dependable backup option for serious sports traders.
In summary, Betdaq is a reputable second-choice betting exchange, particularly useful when Betfair isn’t accessible. Nevertheless, for most users, Betfair remains the preferred and recommended choice due to its wider appeal and comprehensive features.
Betdaq Review Ratings Detail
Betdaq Review Ratings Detail provides in-depth insights and analysis of one of the leading betting exchanges in the United Kingdom. Our experts meticulously evaluate Betdaq’s offerings, including odds, markets, user experience, and more, to help you make informed decisions about your betting choices.
Betdaq Licensing & Safety
Is Betdaq Safe?
Betdaq holds a license from the United Kingdom Gambling Commission (License Number 003367), which is a clear indicator of their credibility and reliability as a betting company. This regulatory oversight means that they are committed to certain standards, including:
- Fair and Unbiased Operations: Betdaq is required to ensure that all actions on their site are conducted fairly and without bias. This includes the fairness of odds and outcomes in the various sports and events they offer for betting.
- Protection of Minors: Betdaq must take measures to prevent individuals under the legal gambling age from participating in betting activities on their platform. This helps protect vulnerable individuals and ensures that betting is only accessible to those of legal age who can understand the associated risks.
- Responsible Gambling Support: Betdaq is obligated to provide assistance and advice to anyone facing problems related to gambling. They are expected to offer support to customers who may be experiencing issues related to excessive or problematic gambling behavior.
Overall, Betdaq’s UK Gambling Commission license demonstrates their commitment to maintaining high standards in the betting industry, including fairness, responsible gambling, and the protection of vulnerable individuals. This regulatory oversight adds an extra layer of trust and reliability for users of their platform.
Betdaq, founded in 2000, boasts nearly two decades of impeccable operation in terms of payouts and its exchange betting services. In 2013, the company was acquired by Ladbrokes for a reported 30 million euros and is currently a part of the Ladbrokes Coral group.
With Ladbrokes Coral’s ownership and backing, Betdaq offers a high level of safety and financial stability. This association with a reputable and established gambling company provides assurance to punters regarding the security and reliability of Betdaq. As a result, we assign our highest safety rating to Betdaq, making it a trustworthy choice for bettors.
How To Deposit To Betdaq
Depositing funds at Betdaq is a straightforward and efficient process, with various payment methods available for customers. Here’s how to make a deposit:
- Log In: Start by logging in to your Betdaq account using your username and password.
- Verification: If you haven’t already completed the identity verification process, you may be prompted to do so. Betdaq typically requires customers to verify their identity before making deposits.
- Initiating the Deposit:
- Click on the “Deposit” button located at the top right side of the screen.
- You’ll be presented with a choice of five payment methods available on the site.
- Payment Details: Select your preferred payment method and proceed by entering the requested payment details, including the amount you wish to deposit.
- Confirm Deposit: After entering the necessary information, click the button to initiate the deposit.
- Funds in Your Account: Upon confirmation, your funds should be instantly available in your Betdaq account. The minimum deposit amount is set at £10.
By following these steps, you can quickly and easily deposit funds into your Betdaq account, allowing you to start placing bets and enjoying the betting experience.
How To Withdraw From Betdaq
Withdrawing funds from Betdaq is a hassle-free process, offering flexibility in payment methods and no withdrawal charges. Here’s how to make a withdrawal:
- Payment Methods: Betdaq allows withdrawals to all the payment methods they accept, providing customers with a range of options.
- No Charges: It’s worth noting that there are no charges for withdrawals, making it convenient for users to access their funds.
- Minimum Withdrawal: The minimum withdrawal amount is set at £10.
- Verification: Depending on the withdrawal amount or if it’s your first withdrawal, Betdaq may request you to upload identity verification documents. This is a standard security procedure.
- Withdrawal Process:
- Click on the “My Account” button.
- From the drop-down menu, select the “Withdrawal” option.
- Select Method and Amount: On the withdrawal page, choose the withdrawal method you prefer and specify the amount you wish to withdraw.
- Verification: Keep in mind that you need to be fully verified to withdraw funds from your Betdaq account.
By following these steps, you can easily initiate a withdrawal from your Betdaq account, ensuring a smooth process to access your funds when needed.
How Long Does It Take To Withdraw At Betdaq?
The withdrawal times at Betdaq vary depending on the payment method you use:
- eWallet Services (Skrill or NETELLER): Withdrawals made using eWallet services like Skrill or NETELLER typically take no longer than 24 hours to be processed and appear in your account.
- Debit or Credit Card: If you choose to withdraw using a debit or credit card, the processing time is longer, usually ranging from 2 to 5 days.
- Bank Transfers: Withdrawals made through bank transfers can take between one and five days to be completed, depending on various factors.
These withdrawal times provide an estimate of when you can expect to receive your funds, depending on your chosen withdrawal method.
Betdaq Mobile Review
The Betdaq app leaves much to be desired, and its shortcomings are evident upon use. While it’s a positive that an app is available, there are several issues that make the user experience disappointing:
Colour Scheme: The app employs an unappealing colour scheme, which can be off-putting for users.
Glitches and Instability: Users frequently encounter glitches and find the app to be unstable. These technical issues hinder the smooth operation of the app, making it less reliable than competitors like Betfair Exchange.
User Complaints: Reviews from users have highlighted various problems, including the need to delete and reinstall the app, malfunctioning back buttons, login issues, and more. These user-reported issues have contributed to the app’s low rating, with an average score of 1.9 out of 5 from just 39 reviews.
In summary, Betdaq’s app currently falls short in terms of stability and user-friendliness. Addressing these issues and improving the overall functionality and design of the app would be essential to achieve a higher rating and provide a better mobile betting experience.
Betdaq Desktop Review
Betdaq’s website design has several drawbacks that make it difficult to like:
Colour Scheme: The purple and white colour scheme appears basic and may not be visually appealing to users.
Layout: The layout of the site is considered too small, and using it can sometimes feel like working with a complex spreadsheet, which may not provide an enjoyable user experience.
Visuals: While banners have been used to enhance the site’s appearance, the graphics on the site are described as simplistic, lacking engaging visual elements.
Font Size: The font size on the site is considered too small, which can make it challenging to read the odds and other information comfortably. Users may need to zoom in to see the odds better, which can affect the overall look and practicality of the site.
Overall, the technical functionality of the site is not a major issue, but the design and aesthetics are considered lacking. The site’s appearance and layout may not be as visually appealing or user-friendly as desired, which can impact the overall user experience.
Markets & Odds At Betdaq
Betdaq, while not one of the most prominent names in the UK online gambling industry, does offer coverage of all major sporting events for punters. They may not have as extensive a market selection as some of the bigger players in the industry, but they still provide a sufficient variety to cater to the needs of most gamblers. However, liquidity can be a concern, particularly for less popular events.
Betdaq covers a range of sports, including:
- Aussie Rules
- Formula 1
- Horse Racing
- Ice Hockey
- MMA (Mixed Martial Arts)
- NFL (National Football League)
While their selection may not be the largest, Betdaq can serve as a secondary exchange, particularly for backup purposes when using Betfair. It’s worth noting that liquidity tends to be higher for more popular events, such as Premier League football matches, while issues may arise when dealing with less popular markets where it can be challenging to match larger wagers.
Betdaq has also introduced the option to place multiples on their site, although it’s separate from the exchange. The odds offered are competitive, which adds to the appeal.
Despite its offerings, one area where Betdaq falls short is its website design, which is often criticized for its outdated appearance. Improvements in this aspect could make the service more user-friendly and appealing to customers.
How To Join Betdaq
Registering with Betdaq is a straightforward process, and it can be completed in five simple steps:
- Click “Join Now”: Start the registration process by clicking the “Join Now” button on the Betdaq website.
- Personal Details: Provide your personal information as part of the first step in the registration process. This includes basic details about yourself.
- Contact Information: Continue by entering your contact information, ensuring Betdaq can reach you when necessary.
- Account Details: Set up your account by choosing a username and password. You’ll also be prompted to select a security question. Additionally, you can set your preferred currency and enter a Promo Code if you have one to activate a new player bonus.
- Contact Preferences: Indicate how you want Betdaq to contact you, if at all.
- Identity Confirmation: The final and crucial step involves confirming your identity. You can do this by providing your debit card details or other approved methods of identity verification to the site.
Once your identity is verified, you’ll be able to make your initial deposit on the site and fully enjoy the services and features offered by Betdaq.
Betdaq UK Offer & Promotion
Welcome Bonus – Up To £1,000 Cash Back
Betdaq offers a unique welcome bonus for new customers, especially considering it operates as a betting exchange. Here are the details of the new customer bonus:
Up to £1,000 Cash Back
- This offer is available to new customers only, aged 18 and above.
- The bonus provides the opportunity to receive up to £1,000 cash back on commissions for the first 30 days after joining Betdaq.
- To take advantage of this offer, new customers must use the correct Betdaq promotion code during the registration process.
It’s important to review the terms and conditions associated with this bonus offer to understand its full details and eligibility criteria. This distinctive promotion sets Betdaq apart from traditional bookmakers, providing a different type of incentive for new users.
New Customer Offers At Betdaq
Claiming the Betdaq new customer bonus is a straightforward process. Here’s a step-by-step guide on how to claim it:
- Visit Betdaq: Start by visiting the Betdaq website by clicking here.
- Registration: On the Betdaq landing page, click the “Join Now” button to begin the registration process.
- Fill out Details: You’ll be directed to the registration form where you need to provide your personal details.
- Promotion Code: In the promotions code box, enter the code: DAQBACK.
- Deposit: Once you’ve completed the registration process, make a real money deposit into your Betdaq account.
- Enjoy Free Commissions: After making your deposit, you’ll receive 30 days of free commissions on the exchange, up to a maximum of £1,000.
Following these steps will allow you to claim and enjoy the benefits of the Betdaq new customer bonus.
Betdaq UK FAQ
Should I Just Use Betfair Instead?
It’s unclear whether Betdaq has any plans to update or improve their website design. They have maintained their text-based website design with the white and purple color scheme for an extended period without significant changes or updates.
Why Don’t Betdaq Update Their Design?
Honestly we don’t know – they’ve peddled the same old horrible text based website design using that awful white and purple for years. They show no signs of bucking their ideas up.
What’s Betdaq Like On Mobile?
Regrettably, the mobile experience with Betdaq is just as unsatisfactory as it is on a desktop or laptop. It is evident that the company needs to modernize and update its user experience promptly to align with current standards and expectations.