BETDAQ Review

Originally part of the Global Betting Exchange founded in 2000, BETDAQ is the trading name of GBEA (Global Betting Exchange Alderney Limited), in February 2013 GBEA was acquired by Ladbrokes plc. GBEA matches over £75m worth of bets from around the world made by members and brokerages every week and is licensed and regulated by the Alderney Gambling Control Commission.

Being an online betting exchange means BETDAQ differs from the traditional Online Bookmakers, customers place wagers against each other and not the bookmaker. This lets punters enjoy lay betting as well as placing the conventional back bets. Exchanges acts as the middleman making their money by charging a small commissions on bets. This is where BETDAQ beats its rival Betfair by charging a much lower fee at 3% as opposed to Betfair who charge 5% commission. You can learn more about how betting exchanges work in our Betting Guide.

The wide variety of betting markets on offer range from major sporting events from around the world like Horse Racing, Football Betting, Golf and Tennis, too less popular sports such as Ice Hockey and Volleyball. Betting exchanges are able to offer much better odds then traditional bookmakers and can be 20% higher at times.

Non League Coverage:

Bonuses and Promotions: New members who enter the code ALLBDQ03 at registration can get up to £200 in free bets. After paying £25 in commission new customers will be given a £25 free bet. Then every additional £100 in commission paid, the member will get an additional £25 until a cumulative total of £200 in free bets is awarded.

 
 


 

Get a commission Free First Month at BETDAQ, 0% commission will apply to new member’s accounts who sign up through Non League Bets. After the 31st day of commission free bets members will have a 3% commission rate applied.

Customer Service: If you can’t find the information you require in BETDAQ’s ‘Help’ or ‘FAQ’ sections help is available by customer service agents on their live chat helpdesk or by phone and email.

Payment Options: BETDAQ use Payment Trust as their secure payment service provider and customers can choose to make a deposit via Credit and Debit Cards, Bank Transfer, Neteller and Moneybookers.

Overall Rating: The odds available are very good and the low commission rates make BETDAQ a tempting alternative betting exchange to Betfair. The £200 free bet promotion isn’t as easy and quick to cash in as some others on the market but halving your commissions can make a massive difference in the long run.