Betdaq Full Review, Rating, Offers 2023

Betdaq is an online betting platform and casino that was established in 2000. Unlike other bookies, the venue allows users to punt against each other for a chance to win massive payouts. One of the biggest selling points of the platform is its low commission fees, which are among the lowest in the industry.

Another key feature of the brand is its comprehensive sportsbook, which offers a wide range of gambling options for a variety of sports, including football, horse racing, tennis, and many more. The platform also provides extensive market information, including live odds and results, to help users make informed betting decisions. In this Betdaq review, we will break down all the site's offerings including its sports coverage, odds types, markets, customer support and payment methods. Stick around as we dive into the full details.

Pros and Cons

The bookmaker is a solid choice for sports enthusiasts who are looking for a low-commission gambling platform with a user-friendly interface. Though the bookie comes with a variety of features, there are also some drawbacks to consider.

Pros:

• Commission rates: The operator charges a lower commission rate compared to other betting exchanges, making it an attractive option for those who place a large number of bets. The brand charges a flat 2% commission rate on all Exchange Net Market Winnings. This places the operator ahead of many other leading betting exchanges that charge as much as 8% on your winnings.

• User-friendly interface: The venue has a clean and intuitive interface that is easy to navigate. Finding your preferred sports to punt on is easy thanks to the easy-access sidebar and top bar menus.

• Live streaming: The platform offers live streaming for a number of sports events, allowing users to follow their bets in real time. This feature is only available on the top sportsbook which makes the brand a great option for players that want high-quality.

• Customer support: The bookie offers excellent customer support, with a helpful and responsive team available to assist with any questions or concerns. There is live chat, email, and phone support which gives players more than enough ways to reach out to the support unit and get a response. There is also a comprehensive FAQ section detailing all the common queries players would have.

Cons:

• Limited markets: Although the venue offers a wide range of sports markets, it may not have as many options as some of the larger betting exchanges. You might notice the lack of props in certain sports.

• Limited promotions: Compared to other sports platforms, the bookmaker has limited promotions and offers which may not be attractive to some users. Though there is a welcome bonus, there aren't many juicy offers for returning players.

• No 24/7 customer support: While there are many ways to reach out to the Betdaq customer service team, none of the communication channels is available 24/7. If you want to get a response, you must reach out during operating hours.

Betdaq Sign Up Process

Creating a new player account is simple and effortless. All you need is a few minutes to set up your account and you can start winning on your favorite sports. To sign up for the sportsbook, follow these steps:

• Go to the website (www.betdaq.com).

• Click on the "Join Now" button in the top right corner of the page.

• Fill in the required personal information, including your name, email address, and phone number.

• Choose a username and password for your account.

• Read and accept the terms and conditions.

• Provide your address and date of birth to verify your age and identity.

• Complete the two-step verification process which may involve confirming your email address or phone number.

• Make your first deposit to start punting.

Types of Betdaq Betting Lines

Here is a breakdown of the different types of bets and how they work:

• Back-- the most basic and straightforward type. When placing a back bet, you are wagering on an event to happen. For example, you might punt on a horse to win a race, or on a football team to win a match. If your prediction is correct, you will win the stake and receive a return on your investment.

• Lay is the opposite of back bets. In a lay type, you are betting against an event happening. For example, you might wager against a football team winning a match. If your prediction is correct, and the event you punt against does not happen, you will win the stake and receive a return on your investment.

• Match is a type that allows you to wager on the outcome of a match between two teams or competitors. You can either back one of the teams to win or lay one of the teams to lose. If your prediction turns out to be true, you will win the bet and receive a return on your investment.

• Correct Score allows you to predict the final score of a match. This type is more challenging than a regular match bet, as you need to predict the exact score of the game. If the prediction is true, you will win the stake and receive a return on your investment.

• Over/Under. Here you can punt on the total number of goals, points, or runs in a match or event. For example, you might wager that the total number of goals in a football match will be over or under 2.5. If you predict correctly, you will win the bet and receive a return on your investment.

• Handicap gives one team or competitor a "handicap" advantage or disadvantage. For example, in a football match, one team might be given a +1 handicap, which means that they will start the match with a 1-goal advantage. If you punt on the team with the handicap, and they win or draw the match, you will win the stake and receive a return on your investment.

• Accumulator allows you to combine several different bets into one. For example, you might wager on several horses to win races, or on several football teams to win matches. If all your predictions land correctly, you will win the stake and receive a return on your investment.

• Props, also known as proposition bets, give you the chance to wager on specific events or outcomes within a larger event. For example, in a football match, you might wager on the number of total yards a specific player will gain, or the number of receptions a player will have. Props can also be made on events outside of the game.

Betting Odds

One of the key features of Betdaq is its odds format which is slightly different from other betting exchanges and traditional bookmakers.

The brand uses decimal odds to represent the potential returns of a bet. Decimal type is expressed as a single number that represents the total return on a wager, including the original stake. For example, if the decimal odds are 2.0, this means that a stake of £1 will return £2 in winnings, including the original stake.

One of the advantages of decimal odds is that they are easy to understand and calculate. To calculate the potential winnings from a stake, simply multiply the decimal odds by the stake. For example, if the decimal odds are 2.0 and the stake is £10, the potential winnings would be £20 (2.0 x £10).

In addition to decimal odds, the bookmaker also offers fractional odds for those who prefer this format. Fractional type is expressed as a ratio of the potential winnings to the stake. For example, if the fractional odds are 1/1, this means that if you place a wager of £1, you will get a return of £1 in winnings, plus the original stake. To calculate the decimal equivalent of fractional odds, divide the numerator by the denominator and add 1.

It is important to note that Betdaq odds are dynamic and can change in real-time based on the level of market liquidity and the actions of other users. This means that the odds displayed on the platform may be different from those offered by traditional bookmakers and can fluctuate as the market conditions change.

Betdaq Bonus Offers and Promotions

The brand offers a small range of lucrative bonuses for both new and regular players.

Betdaq Sign Up Offer

The Betdaq welcome offer is a relatively unconventional offer. Rather than freebies, you get a 0% commission on all sports winnings for 100 days. Unlike regular players required to pay a 2% commission on winnings, you get to claim your winnings without any charges when you sign up as a new user and enter the promo code 0COMM100 during registration.

Make sure to read and understand Betdaq bonus terms and conditions before creating your account.

Regular Promotions

Regular players will have to settle for a handful of promotional offers. The sportsbook usually throws in a cashback offer or a freebie once in a while. While there are not many offers at the moment, these available options tend to be very lucrative. The promotional offers usually come with bonus codes and terms and conditions that must be checked before claiming them

The operator is always looking for ways to enhance the gambling experience for its players. To stay up-to-date with the latest promotions, players are encouraged to regularly check the Betdaq bonus page or sign up for email notifications.

Betdaq Deposits and Withdrawals

Betdaq betting site offers a variety of payment options for users to deposit and withdraw their funds. Some of the most popular options include credit/debit cards, bank transfers, and e-wallets such as Neteller, PayPal, and Skrill. The availability of payment options may vary depending on the user's country of residence.

When it comes to processing times, the bookmaker offers quick and efficient transactions. Betdaq deposits are usually processed instantly, allowing users to place bets as soon as their funds are available. The withdrawal time ranges from 12-24 hours for most e-wallet payments. However, if you're using debit/credit cards as your withdrawal option, there is a processing time of 2-5 days. Bank transfers may take slightly longer, with the exact time depending on the user's bank. You might have to wait for a max of 5 days with bank transfers.

In terms of limits, Betdaq has put in place reasonable deposit and withdrawal limits. The minimum deposit amount is typically low at €10/£10/$10, allowing users to punt with small amounts of money. The maximum deposit amount may vary based on the payment option chosen, with some options having higher limits than others. Withdrawal limits are also determined by the payment method being used. For most withdrawal options, the minimum withdrawal amount is €10/£10/$10. Bank transfers have a minimum amount of £/$/€200 per transaction. There is also a daily maximum withdrawal limit of GBP £15,000 (or currency equivalent).

Setting up your deposits and withdrawals is a breeze! The platform's user-friendly interface makes it easy for users to manage their funds, with clear instructions and options for deposits and withdrawals. On the site, there are also state-of-the-art security measures to ensure the protection of users' personal and financial information. To ensure the security of users' funds, you will be required to provide proof of identity and address before you can make a withdrawal from your account.

Overall, the bookmaker offers a reliable and efficient deposit and withdrawal process ensuring users can feel confident in the security of their funds and the speed and efficiency of transactions when betting on the platform.

Betdaq Key Features

Betdaq sportsbook offers a range of features that make it an attractive option for sports betting enthusiasts.

• Live punting has become a standard offer at the biggest sportsbook and Betdaq doesn't lack in this area. The brand offers live betting on various sports events, allowing you to place wagers as the action unfolds. This adds an extra level of excitement to sports wagering and can lead to some big wins. Live betting options are available on popular sports like Football and Basketball as well as some niche sports.

• Cash out feature allows you to settle your bet before the event ends. This can be a useful tool if you want to lock in a profit or minimize a loss. All you have to do is check if the cash-out feature is available on your bet. If you lose on that punt, you could cash out immediately. You might lose a certain amount of the wager, but it does save you from completely losing the value of the bet.

• Mobile: The operator offers a mobile app that is compatible with both iOS and Android devices. The Betdaq mobile app is designed to be user-friendly and provides quick access to all the features of the platform. Mobile bettors can get the app from their respective app stores and start punting immediately.

• Live streaming: At the bookmaker, you can watch the action as it unfolds live on your device. This can be a great way to stay up to date with the latest scores and to place informed bets.

User Experience: Betdaq Mobile App and Site

The Betdaq website and mobile version have a clean and minimalistic design, making it easy to navigate and find the information you need. The color scheme is primarily made up of purple and white, which creates a calm and professional atmosphere.

The site's interface is intuitive and straightforward. The top navigation bar provides quick access to the most popular sections of the site, including sports punting, in-play betting, and promotions. There is also a sidebar that gives you direct access to more of the site features including the sports events and other features. The simple and uncluttered layout allows users to easily find what they are looking for. All you need to do is use straightforward navigation, with clear headings and subheadings that make it easy to find specific information.

Finally, the site's graphics are well-designed and enhance the overall user experience, making the entire platform easy on the eyes.

Overall, the user experience is seamless and convenient for users. The site's clean design, user-friendly interface, and comprehensive features make it easy for you to punt and manage your account. Whether you are an experienced bettor or a newcomer to online punting, Betdaq offers a high-quality user experience that makes it easy to enjoy the world of online gambling.

License and Restricted Countries

The brand holds different operating licenses for regions where it offers its sports punting services. The platform is operated by Exchange Platform Solutions Limited which is licensed and regulated in Great Britain by the Gambling Commission under account number 34865.

For bettors gambling from the Republic of Ireland, Betdaq holds Licence No. 1018033 and Licence No. 1018032 under the Gambling Commission. For other bettors gambling outside Great Britain or the Republic of Ireland, the bookmaker is licensed and regulated by the Alderney Gambling Control Commission.

As a licensed and regulated online platform, the operator is seen as a reliable and trustworthy resource for users to gamble. The Gambling Commission and the Alderney Gambling Control Commission have strict standards and regulations in place to ensure that all licensed operators provide a safe and fair gambling environment for their users.

Restricted Countries

Betdaq is not licensed to operate in the following restricted countries:

• United States

• France

• Turkey

• Australia

• Belgium

• Netherlands

In these countries, the sportsbook cannot offer its services to residents, and any attempts to access the site will be blocked.

It's important to note that these restrictions are subject to change, and Betdaq may become available in these countries in the future if local laws and regulations change.

Betdaq Customer Service

The brand is committed to providing its customers with the best possible support experience. To achieve this goal, the company offers a range of customer support options that are designed to cater to the needs of its users.

Customers can send an email to the support team detailing their query or concern, and the team will respond as soon as possible, typically within 24 hours.

Another Betdaq contact option is live chat which is available from Monday--Saturday: 9 am to 8 pm from Monday--Saturday and 9:30 am to 8 pm on Sundays, 7 days a week. This option allows customers to chat with the support team in real time. If you need quick and accurate answers to your queries, you can go for this option as you will receive immediate assistance from the support team.

If you're the type of customer who prefers personalized assistance over the phone, then this bookmaker provides phone support that caters to your needs! The support team can be reached on a toll-free number, which is available from Monday--Saturday: 9 am to 9 pm from Monday--Saturday, and 9:30 am to 9 pm on Sundays, 7 days a week. This communication channel is the best choice for customers who prefer to have a voice-to-voice conversation and receive immediate assistance.

The operator also has an extensive FAQ section on its website, which answers the most common questions asked by customers. This section provides quick and easy answers to common queries, making it a useful resource for customers who are looking for information without having to contact the support team directly.

Final Verdict: Betdaq Sportsbook Review

For players searching for a high-end sportsbook and betting exchange, Betdaq has all the features to make it the perfect choice.

The bookmaker offers a wide range of sports and markets to punt on, including popular sports like football, horse racing, and tennis, as well as less well-known sports like handball and futsal. This diversity means that bettors can find markets to suit their interests and punting style. The markets and events feature some of the most competitive odds in the industry.

There is also live betting, which allows users to punt on sporting events as they are happening. This is a great feature for sports fans who want to add an extra layer of excitement to their viewing experience. The cash-out option on bets makes things a lot more exciting. You can settle your wagers early and either lock in a profit or cut your losses. This is a useful feature for those who want to have more control over their experience.

The site also performs excellently on desktop and mobile. For mobile bettors, there is a mobile app that is available for iOS and Android devices, which allows users to punt on the go. The app is user-friendly and offers a seamless betting experience, making it easy for players to stay connected to their wagers.

Overall, Betdaq is a great choice for bettors who are looking for a sportsbook with excellent betting features and a user-friendly platform whether on mobile or desktop.