BETDAQ Review – 0% Commission 1st Month
BETDAQ are a sports betting exchange and one of the leading players in the sports exchange market alongside Betfair.
Owned by Ladbrokes since 2013, you can still sign up for a new account and get the welcome offer with BETDAQ even if you already have a Ladbrokes account.
With over £100M in bets taken every week these guys are pretty damn big, and are the biggest exchange rival to Betfair. As a stand alone exchange it dispenses with all of the other features other sites have to give you a clean and professional interface. Saying that these days the site also features casino, sport pool, virtuals and other features to pass the time while waiting for an event.
Welcome Offer – No Commission First Month
This exchange is offering all new customers the option to pay 0% commission for the first month following registration. The usual commission rate is 5% and you pay this on what you win (although this can go as low as 2% depending on how much you bet).
To claim this offer enter code FREE30 when you join. There is no upper limit on how much you can win at the 0% commission rate in the first 30 days.
The no commission rate does not apply to any multiple or enhanced odds bets and will revert back to 5% after the first month
Casino Offer 2 – Bet £10 Get £30 Free
The casino welcome offer can be claimed by new BETDAQ customers if you think you prefer this to the main offer above.
To qualify make your first real money bet of £10 or more in the BETDAQ casino and collect a £30 bonus to use as you wish in the casino section.
Bonus funds come with a 30x rollover before any winnings can be withdrawn. All games count except Blackjack and Mini Roulette. The bonus is valid for 14 days and is also available in euros should you prefer.
If you like exchange betting then you should certainly give BETDAQ a go. These guys are particularly “serious about horses” and you can get some great prices on here for horse and greyhound racing particularly.
Commission at basic rate is 5% but this can be tiered as low as 2% depending on the number of commission points you earn. For certain promotional periods, such as the Cheltenham Festival, tennis major or footy final BETDAQ offer reduced commission rates too.
BETDAQ have a range of sports markets available to bet on, the website is clear and really easy to use and there are plenty of news, expert reviews and tips features to keep you interested. For those interested in customising their exchange the Trading tools are particularly useful.
BETDAQ Regular Promotions
Betting exchanges don’t tend to have too many offers. The nature of exchange betting means the bookie is the middle man simply connecting people who want to back a bet at certain odds with those that want to lay that bet at those odds.
An exchange will take a consistent commission of around 5% (less the more you bet), whether you back or lay, win or lose. BETDAQ themselves do not control the odds like a typical fixed odds bookmaker does so it is hard for them to offer enhanced odds and money back promotions.
Having said that BETDAQ do give promotions where they can, specifically on commission rates. They also provide more deals than any other exchange. Some common commission and other offers are shown below.
- Free Race Entry – Often BETDAQ will give free entry to customers for sponsored races, simply email them in advance and places are awarded on a first come first served basis.
- Virtuals Free Bet – Place a £10 bet on virtual sports markets at odds of evens (2.0) or greater and get a £10 free bet for use on virtual markets.
- 50% and 0% commission offers – Throughout the year BETDAQ will periodically give 50% or even 0% commission on certain markets, sports and events, especially horse racing events such as Cheltenham.
- Multiple Bet Club – Place £100+ on multiples (one or several bets) between Monday and Thursday to claim a £10 fee multiples bet.
Founded in 2000 by an Irish entrepreneur, Dermot Desmond, with trading starting in 2001. In 2013 the group, based in Dublin and employing over 200 people, were sold to Ladbrokes for €30 million.
The BETDAQ exchange handles over £100 million of bets each and every week and is the UK’s second largest sports betting exchange. You will have seen BETDAQ around through their sponsorship activities, including previously sponsoring Kempton Park racecourse, Celtic FC and London Irish Rugby Club.
It is rare to find a decent offer from a betting exchange so if you like exchange betting or if you simply want to try it out and see I recommend you take the BETDAQ offer. Betfair certainly have a larger and more in depth exchange but do not compete on offers.