Betdaq Promotions Code 2018
Customers new to Betdaq are entitled to up to £1000 Cash back (T&Cs apply )when they open an account and specify the Betdaq Promotions Code. To claim the sign up offer new customers have the option of entering the Betdaq Promotions Code during the registration process.
Betdaq sign up offer 2018 – Up to £1000 Cash back
When you sign up with the betdaq promotions code you can get up to £1000 Cash Back on your first month’s commission. Betdaq also offers 2% commission on bets for new customers who enter the Betdaq promo code during the registration process. Both welcome offers are subject to some of following terms and conditions:
- Offer is for new customers only who register with the betdaq promo code
- Input the Betdaq Bonus Code during registration
- The rebate is for a maximum of £1000
- The minimum rebate amount is £1
The sign up offer with the betdaq promotions code is good for new customers but all customers can benefit from future commission rates of 2% across the full range of sports and markets.
Other Betdaq Promotions
The welcome offer using the Betdaq Promo Code is one of several ongoing promotions offered by Betdaq. At the moment for instance, Betdaq runs two offers including Betdaq Casino and Virtuals.
At the time of writing the following promotions appeared on the Betdaq site:
Betdaq Casino Bonus
New players at Betdaq Casino can get a bonus of £30 after the first bet of £10. Customers must register and play for real money on a game. The stake requirement is £10 after that amount has been played customers will be credited with £30 in the form of free bets that can be used anywhere on Betdaq Games. The offer is valid for slots, virtual sports, jackpots and table games of which there are about 150 in total.
Betdaq Virtual Sports Bonus
Another interesting offer provided by Betdaq to the new customers is Virtuals Bet £10, Get £10 Free Bet. What it entails is placing bet with a liability of at least £10. Even if you lose, Betdaq will refund your funds back. Bear in mind that if you would like to place a bet, it must be done so at odds of 2.0 or greater. More importantly, you have 7 days to use the promo code so try it out.
Betdaq vs Betfair
Betdaq is a betting exchange which brings together backers and layers at a mutually agreeable price. Bets may be matched, partly matched or unmatched in which case they can be cancelled or left in the market until a customer on the other side of the transaction takes or gives the desired price.
The Betdaq betting exchange does not make money from the outcome of bets. The business model involves charging a low commission on winning bets. However, the Betdaq range of odds is limited compared to Betfair, the market leader in exchange betting. The site offers a limited amount of payment options and currencies to deposit.
Betdaq will always struggle to gain market share in a market dominated by Betfair. That operator have the clients to create liquidity in their markets which means more bets are matched. Low commission rates are fine but there are not enough backers and layers to create a dynamic market, exchange bettors will go elsewhere and that is generally Betfair. Customers can take advantage of cheaper betting but these low commission rates may not last long. Betdaq will then find the competition from Betfair difficult to overcome and the exchange will not grow and develop. Commissions of 2% are competitive but the lack of liquidity is has been a major problem.
Betdaq Commission and Sports
As already mentioned alread, the Betdaq betting exchange is offering a commission at a flat rate of 2% that can be placed on a range of sports. The following are the most popular sports for matching bets and paying commission on winnings:
- Horse racing
- Greyhound racing
- Rugby union
- Rugby league
This list is not the most comprehensive and Betfair and some fixed odds bookmakers offer odds for over 50 sports.
Matchbook is another betting exchange that struggles to generate liquidity in their betting markets. Bettors at the other end of the scale are catered for with low minimum stakes at favourable odds compared to other betting exchanges. The procedure to back and lay into Betdaq’s sports markets is straightforward and intuitive. Odds are displayed with the amount of liquidity in the back and lay market and unmatched money waiting in a queue is also shown. Betting guides and tips are available for exchange betting.
Betdaq have a mobile app that is available on the App Store for Apple products and accessed through a browser for Android devices. The mobile download version mirrors the desktop release in terms of the sports, leagues and markets covered. New mobile users can take advantage of the welcome bonus of £30 in free bets using the Betdaq Bonus Code. The major difference between the desktop and mobile apps version is that certain events are live streamed on the mobile release.
Other features that are unique to Betdaq mobile apps include Proform Race Guides and Betdaq Exclusive mobile odds. In 2016 more sports bets were placed on mobile devices than other technologies. A high proportion of these bets are placed on live football games. In-play football on mobiles is dominated by the major brands, such as bet365 in fixed odds betting and Betfair for exchange betting. The lack of liquidity in Betdaq’s in-play football markets limits the amount of traffic to their mobile app and betting turnover, despite the live streaming of some games.
Betdaq Live Chat
Betdaq offers several methods of acquiring help and support. The Betdaq Customer Service team is available seven days a week from 10am to 11pm CET to assist customers with their questions and issues, related to betting, banking and promotions. Betdaq have a Live Chat contact facility which is fine in theory but the service is not always available and there does not seem to be a pattern to when it is offline. Response times when making contact are no better than average and many queries are referred to superiors.
Customers can also contact Betdaq by telephone, email and fax. Mail can also be sent to Betdaq’a postal address which is in Dublin in the Republic of Ireland but the other methods mentioned are far more efficient and likely to get a prompt response. Customers can also send feedback using an email form and comments box. There is a procedure for lost usernames and passwords and the site includes detailed Terms and Conditions which highlight how issues should be resolved clearly and with no ambiguity.
Betdaq Exchange Features
The Betdaq Exchange has a menu of popular links such as next horse race, odds for the Premier League and in-play betting. There are four options at the bottom of this menu covering the following features:
When the exchange model first appeared it was not possible to place multiple bets which combine a number of options at accumulated odds. The technology was not available to place a lay bet in markets other than singles. Developments over time mean customers with Betdaq can place multiple bets in markets for horse racing, football, tennis, cricket and baseball. A minimum of two selections are required for a multiple bet and the number of legs in a multiple is unrestricted but returns are capped by maximum payouts for each type of bet.
Bookmakers now offer their customers to bet on virtual sports in betting offices and online. Betdaq has virtual events in horse racing, greyhounds, motors, football and cycling. The pictures are better than cartoon in quality but not as clear and sharp for the real thing. Results are based on a random number generator. A profit margin is written into the odds which means there is no risk of the bookmaker losing as they only payback a set proportion of stakes. Virtual events are streamed live with a commentary and graphic which shows the name and number of the horse ahead of the rest of the field.
Betdaq provides updated horse racing results for race meetings in the UK and Ireland. There is very little delay between the outcome of a race being known and the result posted. Users can display results from the last seven days with each day selected from a drop-down menu. The result for each race shows the position, name of the horse, jockey, distance racecard number, weight and starting price. The letter F after the price of the horse indicates if it is the favourite, joint favourite or co-favourite.
Customers must login to gain access to replays of horse racing using their unique username and password. The race to be viewed can be selected from a calendar and the pictures are accompanied by an audio commentary. This facility is useful for form followers who can glean valuable information from how a horse performs and how a race is won. Betdaq’a database of past races is a valuable feature and encourages more betting on racing. Visual interpretation of races can bring about valuable information which can be used when placing bets in subsequent races.