Betdaq Bonus Code 2020
Last updated & tested: 2020-01-15
Redeem Your Betdaq Sign Up Offer
BETDAQ is a betting exchange where you wager against other punters rather than on a sportsbook. Intrigued by this potential new experience? They do still cater for new customers as, if you enter the DAQBACK promo code for BETDAQ, you get up to £1000 cashback for your first month (30 days) of gambling on the exchange. Everyone is getting 2% commission for sports betting on this platform at the moment unless you’re staking on multiples, but it’s great to know you’re getting something in return for signing up during those first few weeks after opening an account. This Horsebetting.com review looks at the cashback promotion for new customers and other BETDAQ special offers in some detail, so read on as we reveal all.
Betdaq:
Get to know the bookmaker
The betting exchange BETDAQ opened in 2000 after being founded by Dermot Desmond, one of the richest men in Ireland. From its Dublin headquarters and registered office on Alderney in the Channel Islands, the business grew to be an alternative to Betfair – another leading exchange platform in the British Isles. BETDAQ was sold to High Street bookmaker Ladbrokes for a reported €30,000,000 in 2013 and is now an asset of the wider Ladbrokes Coral Group following their corporate merger.
BETDAQ horse racing sign up offer: Up to £1000 cashback
Now to business. The main attraction among BETDAQ sign up offers is new customer receive up to a maximum of £1000 in cashback on their bets during the first month of opening an account. For the purposes of this promotion, a month is defined as 30 days. Although punters are paying just 2% commission on all sports bets that aren’t multiples, you will get some of those funds back capped at £1000. All you have to do is enter the BETDAQ horse racing bonus code DAQBACK during the registration process, deposit a minimum of £10 and start betting on the exchanges. Within 72 hours of your first 30 days after signing up ending, the cashback should be credited to your account. As £2 is the minimum bet you can place, you will need to do plenty of gambling during that first month with BETDAQ to reach the £1000 cashback cap, or instead place fewer but larger wagers – the strategy is up to you. The offer applies to both bets that you back and lay, so is in that respect completely unique within the industry. This promotion cannot be used in conjunction with any of the other BETDAQ special offers and sports multiples don’t qualify towards it. You must be aged 18 or over to gamble and hold betting accounts in the UK. Other terms and conditions may apply.
Another look at those BETDAQ horse racing sign up bonus terms
We’re going to take another look at those terms attached to the BETDAQ horse racing sign up bonuses shortly. Here at Horsebetting.com, we want you to understand that every welcome bonus is different depending on who is offering it. In BETDAQ’s case, it’s true as you get commission cashback whether you’re backing or laying an outcome when betting on the exchange on sport. Don’t forget to enter the related promo code for BETDAQ either!
Overall rating
Use BETDAQ horse racing offer codes
Up to £1000 cashback within the first 30 days of joining this betting exchange can be yours when you sign up using the BETDAQ horse racing bonus code 2020 DAQBACK. Remember, the minimum stake you can place on any sports bet is £2 and this offer applies whether you’re backing a selection to win or laying it because you believe it won’t. Sports multiples aren’t covered by this cashback promotion or the 2% commission available to all customers. Whenever you deposit, you must put in £10 or more. Cashback to be paid within 72 hours of your first month (30 days) on BETDAQ coming to an end.
Eligibility
Any new customer who is aged 18 and over – the legal age to gamble and hold betting accounts in the UK – is eligible to receive the BETDAQ horse racing sign up bonus. Existing customers cannot get it, but do get the 2% commission on all sports bets.
Withdrawal
There are no wagering requirements related to this BETDAQ horse racing sign up offer as such, but there is a minimum stake of £2 that must be placed on all bets. Just to remind you, the cashback is capped at £1000 after your first month (30 days) from joining.
Activation
All new customers should use BETDAQ horse racing promo code DAQBACK when asked to enter it during the registration process. That is the only way to get your hands on the £1000 cashback offer. Without it, you cannot take advantage of this bonus, but can still enjoy 2% commission.
Payment Options
BETDAQ accept a mixture of traditional and modern payment methods for their sports betting exchange. No limits relating to the welcome bonus are specified, so you are free to use either bank transfer, cheque, credit or debit cards or eWallet services Neteller, Paypal and Skrill. Withdrawal times depend on method.
Timeframe
The timeframe for the up to £1000 commission cashback promotion among BETDAQ horse racing joining offers is set at 30 days from the date you completed the registration process. New customers should then have the funds up to that cap credited to their account automatically within a further 72 hours.
Betting Markets
Multiples are the only prohibited type of bets that relate to the welcome bonus. They are not eligible for commission cashback or taken at the 2% commission that all customers are currently enjoying on the exchange. Any sports singles bets are covered by both BETDAQ special offers, however.
Betting bonuses with similar bonus conditions
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How to claim your BETDAQ bonus
- 1Sign up as a new customer for an account on the BETDAQ exchange. Enter personal details, set a security question and answer, create a username and password.
- 2Now enter the BETDAQ horse racing bonus code for new customers, which is DAQBACK. Without this you cannot reap the benefits of this up to £1000 cashback welcome offer!
- 3Deposit and place as many bets as you like during the first 30 days after registration. At that point, you receive commission cashback up to £1000 within 72 hours.
How to clear your bonus fast
Withdrawing your BETDAQ horse racing sign up bonuses
How do you get your hands on that commission cashback which could be as large as £1000 once your first month betting through BETDAQ is at an end? As we’ve mentioned before, there’s a variety of different payment methods open to you both for deposits and withdrawals. For a refresher on those and to see the mix of traditional and more modern options available on this betting exchange, check out our handy payments table below.
As you can see for the table, BETDAQ offer a range of payment methods should you wish to withdraw any funds – either accrued from betting wins or the commission cashback capped at £1000 for new customers after their first 30 days. Using a credit or debit card to make a bank transfer for withdrawing money from your exchange betting account is likely to take longer than eWallet services such as Neteller, Paypal and Skrill.
| Payment Method | Deposit/Payout | Processing Time | Limits min/max | Fees |
|---|---|---|---|---|
|
Deposit: |
Immediately | - | No |
|
Payout: |
Immediately | - | No |
Some common mistakes and how you can avoid them
Two top tips so you enjoy your bonus
Learn the secrets to trading
Betting on the exchanges is a bit like being a financial trader. There are tactics to use the markets to your benefit, especially on horse racing. Is a short-price or odds-on favourite not as good a thing as it looks? Then ask yourself is it worth laying that particular horse not to won or perhaps backing a bigger priced selection to beat it instead? If it’s not a day when favourites are winning, is it worthwhile looking into laying the market leader in the next race? What if there’s been a sudden change in climate or going, perhaps because either the ground has dried out or torrential rain has broken out? Factoring in all these things into your betting strategy is even easier on the exchanges because you’ve access to the market both before a race and during it. Bets in running are another area you should look to cultivate.
Get studying horse racing form
If you’ve signed up to a betting exchange like BETDAQ, then chances are you’re already quite a serious punter. It never does any harm, however, to be reminded that there’s no substitute for knowing the form when it comes to a sport as complex as horse racing. There are so many factors to consider. What’s the going like? Which horses will act best on it? How far is the race? Do any horses look as though they will relish or suit the step up or down in trip from what they’ve done previously? Which trainers and jockeys are in-form, saddling and riding recent winners respectively? Are there any course and distance winners in the field of a particular race? Does a horse have the scope to improve or come on from its last run? Once you’ve made some decisions on these and other points to consider, you’re betting better!
About BETDAQ
BETDAQ is now part of the Ladbrokes Coral Group, meaning it’s backed by one of the biggest players in the British betting industry, but began life as an independent firm when founded in 2000. The brainchild of Irish businessman Dermot Desmond, BETDAQ emerged as a rival to Betfair before being bought by Ladbrokes in 2013. With a registered office in Alderney among the Channel Islands, the firm has its headquarters in Dublin.
An exchange experience
If you’re really into horse racing and would like to lay bets as well as back them, then you have to consider joining BETDAQ. As you are wagering against fellow punters, it is quite common to get a better price than you can would if taking the odds on a regular sportsbook. There is a flat 2% commission to pay (not including multiples) on sports bets, but the cashback capped at £1000 for the first 30 days gives you an exceptional exchange experience.
Facts
- Founded: 2000
- Number of employees: 250
- Turnover (year): $7,000,000,000
- Number of customers: -
- Betting margin:
- Specialty: Exchange betting
The last word on the BETDAQ bonus
So, there you have it. Be sure to use a BETDAQ horse racing bonus code in the UK when signing up and you get up to £1000 cashback on the commission you pay to get your bets on during the first 30 days after joining this exchange. While you can’t get cashback or the 2% commission on sports multiples, that’s no real loss as accumulators are more for sportsbook gambling. It’s a fabulous offer and one for serious punters to consider.
Tried BETDAQ horse racing bonus codes before?
If you’ve used BETDAQ horse racing promo codes in the past, or are a regular punter on the exchanges, seriously we’d love to hear from you. What was it like to take fellow gamblers on instead of the bookmakers? By joining the Horsebetting.com racing community for free today and posting a comment about your experience, you’re helping us with one of our missions; to leave everyone better informed about where the best place to have a bet is! We’re also interested in sports betting bonuses and where you think true value lies.
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