BETDAQ - The Betting Exchange

BETDAQ is the second largest sports betting exchange in the world and matched more than €5bn in member's bets in 2010. In 2011 the company is celebrating its 10th birthday having been launched by leading Irish businessman Dermot Desmond in 2001. BETDAQ is an innovative and progressive online betting business. It is growing rapidly with over £100 million being matched and thousands of new users joining weekly.
The Betting Exchange allows players to bet odds set by each other rather than the bookie, giving sports betting enthusiasts an attractive twist.

BETDAQ offers four main products - the Exchange, 1bet, Multiples, and Poker. The betting exchange offers markets in a multitude of categories including Football, Horse Racing, Tennis, Rugby, American Football etc. The exchange offers the chance to 'back' or 'lay'. 1bet is a new fixed odds tab that is available to punters who prefer a traditional style to sports betting.

When you "back" a selection (be it an individual, a team, horse, dog or other), you are betting that it will win. This is just like betting with a conventional bookmaker. When you "lay" it, you are betting against it winning. For example, if you're betting in a market on which team is going to win the Premiership and you lay Liverpool, then if Liverpool win you pay out.

The minimum stake on the BETDAQ site is £0.50 whether you are Backing or Laying.

BETDAQ accepts Visa and MasterCard branded cards from a range of countries and debit cards (Visa-Delta, Solo, Electron and Lasercard). Players may also deposit money into their player’s account via Neteller & Moneybookers, or by bank transfer. The minimum deposit amount is £10.

Players may request the transfer of funds from their player’s account to their personal bank account at any stage. Click on "My Account" at the top of their homepage and select the "Withdraw Funds" tab. Your Available to Withdraw balance will be displayed. Simply select the card you wish to return funds to and enter the amount you wish to withdraw. As is the case with most bookmakers, payments to credit card accounts or bank accounts will incur a small fee.

If you have any questions, you can e-mail BETDAQ directly. They will attempt to answer all e-mails within 4 hours during Helpdesk hours. If you are an existing BETDAQ account holder then you should include your username in all correspondence. Helpdesk and Telephone Betting are manned 24/7.

BETDAQ offers a 2.5% commission sign up bonus, in addition to £200 worth of free bets. On paying £25 in commission a qualifying customer will be given a £25 free bet. For each additional £100 in commission paid, the customer will be given an additional free bet of £25 until a cumulative total of £200 in free bets has been awarded.

BETDAQ offers players a range of betting options on a variety of sports. BETDAQ only make money when the customer does, so they really have the customer's best interests at heart. The company has excellent customer service, and a very simple website that offers very competitive prices. BETDAQ means winning together!