Football
Tennis
Darts
Cricket
Golf
Horse Racing
F1
Boxing
MMA
Any
Yes
No
Cash Out
Not Needed
Debit card
Paypal
Neteller
Skrill
Apple Pay
PaysafeCard
Trustly
MuchBetter
Deposit match
Enhanced odds
Free Bets
Don't want a bonus
BETDAQ Review UK December 2024 – Pay No Commission for 100 Days
BETDAQ is a sports betting brand that’s a little bit different from the norm as it is a betting exchange as opposed to a fixed odds betting site. At a betting exchange, your bet is exchanged with one or a number of other sports bettors who are betting on the opposite outcome to you. This BETDAQ review will outline all you need to know about this site, with a more detailed explanation of exchange betting too.
Bet £10, Get £10 Free Bet
Bet £10, Get £10 Free Bet
- £10 free bet on exchange virtuals available
- Best odds guaranteed on UK & Irish horse races
- Betting app for iOS and Android users
What is BETDAQ?
BETDAQ is a brand that is owned in Dubin, Ireland but operates in the UK thanks to a valid UKGC licence. It was launched in 2000 by Dermot Desmond, who remains the company’s Executive Chairman. BETDAQ UK can boast a seven per cent share of the betting exchange market.
The company that runs the BETDAQ UK domain is called Exchange Platform Solutions Limited, which has been running the desktop and mobile platforms for BETDAQ since 2021. It seems that both Ladbrokes and another company called LC International have had a hand in running BETDAQ in the past. None of these companies has faced UKGC regulatory actions involving the BETDAQ name.
Date founded: 2000
Ownership (domain): Exchange Platform Solutions Limited
Headquarters (company) Dublin, Ireland; (domain) Le Val, Guernsey.
Address: (company) IFSC House Custom Quay 1, Dublin; (domain) Inchalla, Le Val, Guernsey, GY9 3UL.
Licence No.: 34865
Is BETDAQ Safe?
We’ve had a hunt around and can find no sanctions from the UKGC for BETDAQ, which is reassuring. That means that BETDAQ takes the necessary steps to protect its customers from themselves (by preventing underage gambling and identifying problem gamblers) and from anyone trying to launder money via BETDAQ’s services.
As well as its UKGC licence, BETDAQ has remote betting licences for people betting from Ireland, and for people outside of Great Britain, they have a licence from the Alderney Gambling Control Commission.
If you are struggling with your gambling and are using BETDAQ, then the site has a responsible gambling section to help you. It can help you with reality checks, deposit/betting limits and time outs, and BETDAQ subscribes to GAMSTOP, which means if you have self-excluded via GAMSTOP you will not be able to access areas of the BETDAQ UK site, such as placing bets or funding your account.
The site can also offer two-step authentication and 3D secure to protect your account and card payments. When taking all the above into account, we can conclude that the safety factor of BETDAQ is extremely high.
BETDAQ Sign Up Offer
For the next part of this BETDAQ review, we’re going to have a look at all the available welcome bonuses available to UK punters. You can then decide which welcome bonus seems the most attractive to you.
0% Commission for 100 Days – if you are going to use the exchange at BETDAQ the most (as we suspect you will) then this BETDAQ bonus is probably the most attractive. A small BETDAQ commission of two per cent is charged on all winning bets (which is how betting exchanges make their money), but if you register using the code ‘0COMM100’ you will not be charged a single penny in commission for your first 100 days of being a BETDAQ betting exchange user. Please note that this deal does not apply if you fund exchange bets from deposits via PayPal, Neteller or Skrill. Once your 100 days are up, you will start to pay commission at the normal BETDAQ rate.
Get up to £1,000 Cashback – this is an alternative BETDAQ exchange sign up offer that should attract high rollers. Instead of paying zero per cent commission, you can use the promo code ‘DAQBACK’ and you will receive back the BETDAQ commission you have paid for the first 30 days of your membership up to that maximum value of £1,000. Again, this only applies to exchange bets that are not funded by deposits made via PayPal, Neteller or Skrill. This is done automatically once the month is up – your refunded commission will appear in your account within 72 hours.
Bet £10 Get £10 on Virtuals – this final welcome offer is for the exchange or the fixed odds betting side of BETDAQ, but for virtual betting only. Use the promo code ‘V1010’ when signing up and make your qualifying £10 bet (avoid making that deposit via PayPal, Neteller or Skrill) and then stake £10 on any virtual event at minimum odds of Evens, or 2.00. Once that bet has settled, you will receive a £10 BETDAQ free bet into your account within 72 hours. You must use your free bet within seven days, and it can only be used in full and on virtual sports markets such as horse racing. The other virtual sports available are greyhounds, football, speedway, motor racing and cycling.
BETDAQ Free Bet Offers & BETDAQ Promotions
| BETDAQ offer | Offer description | Wager requirement | Minimum Odds | Offer expiry | Min deposit |
| 0% Commission | 0% commission for 100 days | Not applicable | Not applicable | 100 days | No minimum |
| Cashback | Get up to £1,000 cashback | Not applicable | Not applicable | 30 days | No minimum |
| Bet £10 Get £10 | Bet £10, get £10 on virtuals | Not applicable | Evens (2.00) | 60 days | £10 |
The above three offers were the only three BETDAQ promotions for their sports betting arm that BETDAQ currently provides at the time of this BETDAQ review. It will be worth your while checking the site yourself, to see if any promotions, BETDAQ free bets or offers have been added to the bonus suite.
There is a bonus available for users of the BETDAQ casino, but we will come to that later.
BETDAQ Review: Top features, Markets & Odds
That’s the information about the BETDAQ ownership, welcome bonus and other promotions out of the way. Now this BETDAQ review will take a more precise look at what this sports betting exchange and betting site can offer.
BETDAQ Sports Betting and Exchange Betting
As we have already mentioned several times, BETDAQ is a betting exchange rather than a sports betting site. Instead of betting against the site, as you would with a normal bookmaker, BETDAQ will exchange your bet with your fellow punters who are betting on the same event as you, but on the opposite outcome. For example, if you are betting on England to beat Australia at cricket, your bet is exchanged with someone (or more than one person) who is betting on Australia to beat England or the draw. If you win, they pay you, and if they win, you pay them. This is rather a simplistic explanation of exchange betting, but you get the basic idea, and if you need to know more there are educational articles at BETDAQ itself.
BETDAQ liquidity is an important concept. This is the money available wagered by punters on the opposite outcome to you that has yet to be matched. This means that if you want to bet £30, and the BETDAQ liquidity stands at £20 at the start of the event, only £20 of your bet is covered and therefore that’s all you can win.
You can place BETDAQ multiples, but only on the fixed odds betting side, and only on wins, not each way. The sports that are available for exchange betting at BETDAQ are as follows:
- American football
- Baseball
- Basketball
- Boxing
- Cricket
- Darts
- Enhanced Specials
- Football
- Golf
- Greyhounds
- Horse Racing
- Ice Hockey
- MMA/UFC
- Politics
- Rugby Union
- Snooker
- Tennis
- Virtuals
BETDAQ Odds
Odds at betting exchanges are set by the people placing the betting wagers themselves. If you want to place a bet on an event and you are the first to bet, then you can set your own odds however, if no one takes you up on those odds, then your bet will have no takers, and you won’t be paid if your bet is a winner as there is no one to pay you!
If your event already has people betting the opposite way to you, you can see the odds and the amount of money available at those odds. Usually, it’s the most popular odds (or at least the odds on which most money is available) that are most prominently displayed on the BETDAQ betting exchange.
To display the comparison between BETDAQ odds as determined by the bettors and the best odds from fixed odds betting sites, we took four up-and-coming EPL games and compared the odds for a home win at BETDAQ to the odds offered by betting sites.
| EPL Matches | BETDAQ | Best odds |
| West Ham v Bournemouth | 2.46 | 2.45 |
| Wolves v Manchester U | 2.92 | 2.88 |
| Everton v Tottenham | 3.05 | 3.00 |
| Newcastle v Luton | 1.44 | 1.44 |
The odds offered by users of the BETDAQ betting exchange compare very favourably to the odds offered by even the best betting sites in the UK. However, there is one thing you need to remember – you pay a commission on all your winning bets at BETDAQ. This is currently set at two per cent. So, if you win £10 via an exchange bet at BETDAQ you will receive £9.80, with £0.20 going to BETDAQ.
BETDAQ Limits
There are no limits at BETDAQ, as it is a betting exchange. You could, in theory, bet £100,000 on a single event with BETDAQ, but if only £1,000 of your bet is covered by people betting the opposite way then if your bet wins, you will only receive £1,000.
The minimum amount you can deposit at BETDAQ is £10, and that goes for the minimum you can withdraw too. You can withdraw less, but you would have to contact BETDAQ support to do so.
In-Play Betting
In-play betting is available via the BETDAQ betting exchange, and you can see the live betting events available in real time as they will have a rotating circular logo next to them. You will have to react quickly though, as the prices change with spectacular swiftness.
Exchange betting does not have the same amount of markets as fixed odds live betting sites. For example with tennis matches it is the match winner, correct score, total games (over/under) and handicap betting. However, if no one is betting opposite to you on these markets, then they will not be available.
The fixed odds betting side of BETDAQ has live betting too, and the options are identical. Not all markets will have available prices though, so if there’s no offered price, you can’t bet on it.
Live Streaming
There is live streaming at BETDAQ but only on UK and Irish horse racing and greyhound racing. No other sports are available for live streaming, and you have to have an active BETDAQ account to watch the live streams.
Other Features
BETDAQ offers a casino as well as a betting exchange and fixed odds betting, which we will talk about later. It also offers trading tools, such as free trading software and API integration … and if that means nothing to you it’s best you stay away from them. There’s also the BETDAQ tips section which offers daily recommendations for that day’s horse racing meetings.
Don’t forget if you’re a little flummoxed by exchange betting fixed odds betting at BETDAQ is available too.
Customer Service
BETDAQ can offer you an extensive range of FAQs which should give answers to plenty of common questions. If you get stuck then that should be your first port of call.
Below are the other customer service channels for help at BETDAQ.
- BETDAQ Live Chat: Mon-Sat: 9am to 7:30pm; Sun: 9:30am to 7:30pm.
- BETDAQ Phone number: (UK) 0800 473 0009.
- BETDAQ Email: helpdesk@betdaq.com.
BETDAQ review – How to Get Started And Claim Your BETDAQ Free Bet
As with most modern betting exchanges, the sign-up process at BETDAQ is nice and straightforward. There are only three stages, and it shouldn’t take more than a couple of minutes to complete.
Here’s a step-by-step guide on how to sign up, and use your chosen BETDAQ promo code.
Step 1: Visit the Betdaq Website
Using either the regular BETDAQ website, the mobile version of betdaq.com, or one of the mobile apps, go to the home page and click ‘Join Now’. You will now see the first stage – ‘About You’ – which requires inputting your name, date of birth, and email address. After doing so, click ‘Next Step’.
Step 2: Register a New Account
At the second stage – ‘Contact Information’ – you must enter your basic contact details. Namely, BETDAQ requires your home address and contact number. Again, once you’ve done so, simply hit ‘Next Step’.
Step 2: Verify Your Account And Redeem Promo Code
At the third and final stage – ‘Account’ – you must decide your username and password. You should also set up a security question and can change your preferred currency. Crucially, this is also the point at which you enter your BETDAQ promo code of choice, in the ‘Have a Promo Code?’ box. Once all that is done, just agree to the terms and conditions and click ‘Join Now’ to complete the process. After a short review, your BETDAQ account should be ready for you to make your first deposit.
BETDAQ Betting App
BETDAQ is available on any mobile browser if you prefer to exchange your bets on the go. The mobile site is fully functional in every way and the exchange betting and fixed odds betting sides of BETDAQ work perfectly well on any iOS or Android device, as does the casino.
However, for a more seamless experience, you will probably want to download and install the BETDAQ sports betting app to your device(s). This will add a whole new dimension to your exchange betting on the go, as it’s packed full of quality features, and it doubles as a casino app too!
BETDAQ Promo Code
We’ve already mentioned a BETDAQ promo code or two in the promotions section of this BETDAQ review, but let’s have a quick reminder.
For the zero per cent commission deal, the BETDAQ promo code is 0COMM100. For the maximum £1,000 cashback deal, the BETDAQ code is DAQBACK, and for the ‘Bet £10, Get £10’ on virtual sports deals, the BETDAQ promo code is V1010. Just enter the code when you complete your BETDAQ registration and the appropriate bonus should be awarded to you.
Here are some other promo codes across our top sports betting brands that should appeal to you.
Betting Promo Code & Free Bet Codes
- All
- £30 Free Bet
- New!
- Paypal
- £5 Deposit
- Derby betting
- Each Way Bet
- Enhanced Odds
- Free Spins
- Live Streaming
- patent bet
- Placepot bet
- Trixie
- Yankee bet
- Cash Out
- £25 Free Bet
- £50 Free Bet
- New Free Bets
- £10 Free Bet
- £20 Free Bet
- More Filters
Play Now
New players only. Minimum stake £10, minimum odds 1.5, stake not returned. 1X wagering the winnings from the free bet. Wagering occurs from real balance first. Wagering requirement is calculated on bonus bets only, wagering starts from real funds. Free bet is valid for 7 days from issue. Max conversion: £ 200. Excluded Skrill deposits. Withdrawal requests voids all active/pending bonuses. Full Terms Apply
Play Now
New Players Only. Min £10 qualifying bets, stake not returned. Free bet - one-time stake of £30, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from receipt. Limited to 1 sport & 5 casino brand/s within the network. Withdrawal requests void all active/pending bonuses. Excluded Skrill and Neteller deposits. Full Terms apply
Play Now
New customers only. Register with BETFRED50. Deposit £10+ via debit card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply.
We’ve enhanced our UK Sportsbook Welcome Offer. Get 50% Back as a Free Bet up to £35 (normally £25) plus 10 Free Spins! A minimum of 3 bets at odds of evens (2.00) or greater is required to qualify for the max free bet, which is based on 50% back of first day losses. Even if your account is up, a single £10 Bet at the minimum odds, secures a £5 Free Bet & 10 Free Spins. UK 18+T&C’s
Play Now
#ad. 18+. Play Safe. 3x £10 free bets. Free bets expire after 30 days. New customers signing up through mobile or tablet device only. Minimum £10 stake on odds of 1/2 (1.5) or greater on sportsbook (excluding Virtual markets). <a href="https://promotion.williamhill.com/uk/sports/multisports/aff/r30?btag=a_192749b_793c_&utm_source=incomeaccess&utm_medium=affiliates&utm_campaign=793&utm_term=192749&utm_content=1740158&siteid=192749&WilliamHill=WilliamHillSBSUK&tgclid=0c01003d-6a58-4db5-a700-06a465b9073f#TermsAndConditions" target="_blank" rel="noopener">Further terms apply</a>. <a href="https://www.begambleaware.org/" target="_blank" rel="noopener">begambleaware.org</a>
Play Now
New players only. Minimum stake £/$/€10, minimum odds 2, stake not returned. 1X wagering the winnings from the free bet. Wagering occurs from real balance first. Wagering requirement is calculated on bonus bets only, wagering starts from real funds. Free bet is valid for 7 days from issue. Max conversion: £/$/€200. Excluded Skrill deposits. Withdrawal reuqests voids all active/pending bonuses. Full Terms Apply
Play Now
New Players Only. Free bet - one-time stake of £10, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from issue. Withdrawal requests voids all active/pending bonuses. Excluded Skrill deposits. Full Terms apply.
Play Now
New UK, IE & Malta customers only. 18+. BeGambleAware.org. Min £10/€10 first deposit using Debit Card. Place a bet of £10 at min odds of 1.5. Free bets expire in 90 days. Full T&Cs apply.
Play Now
New Customer offer. Place a min £10 bet on the Sportsbook on odds of min 1/2 (1.5), get £30 in Free Bets. Rewards valid for 30 days. SMS verification required. Only deposits via cards will qualify. T&Cs apply. Please Gamble Responsibly
Play Now
Place your FIRST bet on any Sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is €/£20. Only deposits made using cards will qualify for this promotion. T&Cs apply
Play Now
#ad. 18+ Min deposit £10 • A qualifying bet is a ‘real money’ stake of at least £10 • Min odds <span class="odds">1/2</span> (1.50) • Free Bets credited upon qualifying bet settlement and expire after 7 days • Free Bet stakes not included in returns • Casino Bonus must be claimed within 7 days and expires after 14 days • Bonus valid on selected Casino games only • Bonus wins capped at £500, excluding Jackpot wins • You must wager Bonus amount x40 – this requirement varies by game. <a href="https://www.888sport.com/spt/betbuilder_cl.htm?utm_campaign=100136622_1867994_nodescription&utm_content=100136622&utm_medium=casap&utm_source=aff/#fullTerms" target="_blank" rel="noopener">Full T&C’s apply</a>. <a href="http://www.begambleaware.org/" target="_blank" rel="noopener">BeGambleAware</a>
BETDAQ Fixed Odds Betting
If you are a little flummoxed by BETDAQ exchange betting then you can switch over to the ‘sportsbook’ which offers fixed odds betting. So, if you’re not keen on football exchange betting, for example, you can switch over to the format used by most football betting sites in the UK.
There is little difference between the format of BETDAQ exchange UK betting and BETDAQ fixed odds betting, aside from the prices being fixed so you are betting against the betting site as opposed to your fellow BETDAQ exchange users. All the same sports are available, and the same markets. You might find though that even though markets are available, they won’t have prices listed. This just means that BETDAQ is not currently accepting wagers for these individual markets.
BETDAQ Casino Review
We’ve mentioned the attached BETDAQ casino that’s available on desktop and mobile in passing, but now it’s time to take a more considered look. This casino has plenty of slots including all the top titles from NetEnt and Red Tiger. It also has a considerable number of casino games.
In terms of casino games, you can play roulette, blackjack, casino poker and baccarat. There are only 15 RNG games, but if you head to the live casino you’ll find live titles from familiar names such as Evolution. As an added bonus for the live casino, you’ll be able to enjoy Evolution’s range of live game shows.
Currently, BETDAQ does offer a welcome bonus to players who are new to the casino. This is open to all new customers, and if they deposit a minimum of £25 (not Skrill or Neteller) using the BETDAQ promo code ‘SPIN75’ and wager it all on eligible games on their first day, they will receive 75 free spins on the classic NetEnt slot Starburst. All free spins are worth ten pence each and come with no wagering requirements (as confirmed by BETDAQ support).
BETDAQ review – Payment Methods
BETDAQ gives you a reasonable number of ways of funding your exchange betting or fixed odds betting account, and we are happy that we can list BETDAQ among the betting sites that accept PayPal. The other payment options include debit cards, Skrill and Neteller. Remember that you can only claim a BETDAQ new customer offer if your deposit is made with a debit card.
You can find full details of all available payment methods listed below.
| Banking Method | Fees | Min Deposit | Min Withdraw | BETDAQ withdrawal time |
| Visa debit | None | £10 | £10 | 2 – 5 days |
| MasterCard debit | None | £10 | £10 | 2 – 5 days |
| PayPal | None | £10 | £10 | Up to 24 hours |
| Neteller | None | £10 | £10 | Up to 24 hours |
| Skrill | None | £10 | £10 | Up to 24 hours |
| Bank Transfer | None | £200 | £10 | 1 – 5 days |
BETDAQ review – Pros & Cons
We’re close to the end of our BETDAQ review, so now it’s time to have a coffee and look back at all our findings. Below you will find the best things we have uncovered about this exchange betting platform, and what we think needs improving.
What We Like:
- Exchange Betting. We always prefer exchange betting to fixed odds betting but how you feel about it may be a different matter. You get very good prices, so it’s only really a question of that two per cent commission being nipped off.
- Promotions. We’re delighted that BETDAQ gives you the option of three different welcome bonuses, and if you throw in the casino bonus that’s four. You can choose the bonus that best reflects your intended use of the site.
- Live streaming. Most betting sites do offer live streaming now on UK and Irish horse racing and greyhounds, and we are delighted that BETDAQ is able to join that club.
- Apps. Of course, the site works perfectly well via a mobile browser, but having apps for iOS and Android always gets a thumbs-up from us.
What We Don’t Like:
- Out of Date. We found a couple of sections at BETDAQ that are out of date. For example, some areas of the site still refer to ‘Moneybookers’, which is what Skrill used to be called until 2013. The site also mentions withdrawals to credit cards, which were made illegal by the UKGC in 2020.
- Support. Support is not very supportive here. Many of the FAQs are out of date and when we contacted support to ask a couple of questions … let’s say the experience was a bit of a strain.
- Site Design. We don’t think BETDAQ has been updated for over a decade, and it shows. Other BETDAQ reviews mention the same thing.
Final thoughts on BETDAQ
This BETDAQ review page has demonstrated that while BETDAQ is a perfectly serviceable betting exchange, it only has a seven per cent share of the overall betting exchange market in the UK, fighting as it does against the behemoth that is Betfair, plus there’s Matchbook too.
The site is decent enough, but it’s been left a little unloved by the site owners. We like those bonus offers though, and, as we said, the site is perfectly functional. Why not grab a BETDAQ welcome offer, and see how the site works for you?
Bet £10, Get £10 Free Bet
Bet £10, Get £10 Free Bet
- £10 free bet on exchange virtuals available
- Best odds guaranteed on UK & Irish horse races
- Betting app for iOS and Android users
FAQs
Can I use a debit card for a cashout on BETDAQ?
Yes. You can make payments and withdrawals via debit card, bank transfer, PayPal, Neteller, and Skrill.
Is there a BETDAQ promo code available right now?
Yes. There are actually three separate ones available for new customers, each of which nets you a different welcome bonus.
Is there a BETDAQ casino bonus?
Yes. There is a casino bonus available at the time of writing.
What are the commission rates on BETDAQ?
Two percent commission across the board.
Is there a BETDAQ app available?
Yes. There are separate apps for both iOS and Android users, available from the App Store and Google Play respectively.
| Charge | Min. Deposit | |
|---|---|---|
 | Free | £10 |
 | Free | £10 |
 | Free | £10 |
 | Free | £10 |
 | Free | £200 |
| Min. Withdrawal | Time | |
|---|---|---|
| £10 | 2 - 5 days |
| £10 | Up to 24 hrs |
| £10 | Up to 24 hrs |
| £10 | Up to 24 hrs |
| £10 | 1 - 5 days |
Hot Free Bets at Betting Sites UK for December 2024
Bet £10 and Get £30 Free Bet
£20 Money Back If Your 1st Bet Loses
Bet £20 & Get £50 Free Bet
Bet £10 Get £20 In Free Bets
