Betdaq was founded in 2000 and acquired by Ladbrokes in 2013. It’s is the second largest betting exchange, with around a 7% share of the UK/Ireland market.
While Betdaq may never quite catch its “big brother”, Betfair in terms of popularity — it offers a much lower 2% commission rate, decent liquidity, and integration with several popular trading applications. That’s more than enough to warrant opening an account.
Betdaq is an attractive platform for professional punters looking to avoid the more expensive charges applied to their winnings over at Betfair.
Betdaq Review Contents:
Terms & Conditions
Advantages Of Betdaq
Only 2% Commission
Like Smarkets, Betdaq offers a low commission rate. This flat rate offers significantly better value to Betfair’s standard 5% rate (for new customers).
Don’t Penalise Winners
In contrast to Betfair’s controversial Premium Charge, Betdaq don’t penalise their winners. There’s no additional commission applied to the top earners on Betdaq.
Third Party Applications
Betdaq has been around for a long time. Unlike Smarkets it offers an API — so there’s a growing number of third party applications compatible with the exchange. The ability to run Bots (such as BF Bot Manager) and other tools adds a whole new dimension to your trading.
Disadvantages of Betdaq
Fewer Markets Than Betfair
Like all other Betfair competitors, Betdaq doesn’t cover as many sports. It’s advisable to create accounts with multiple betting exchanges to compensate for the shortcomings.
Liquidity has been a problem for Betdaq. It has improved over time, and the vast majority of casual traders will get their stakes away at an industry-leading price. However, those dipping in and out of niche markets, or looking to place large stakes, might still be disappointed with Betdaq.
Sports Betting Markets
- Aussie Rules
- Formula 1
- Ice Hockey
- Virtual Sports
- UK Gambling Commission
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