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Betdaq Reviews & Ratings US 2020

Is Betdaq Reliable & Secure?

Betdaq US  is a sports betting exchange founded in 2000 by Irish entrepreneur Dermot Desmond, known for his connections with Celtic FC. In 2013, Betdaq was purchased by Ladbrokes and went on to become part of the wider LadbrokesCoral PLC group in November 2017, and the second-largest online betting exchange on the globe.

Many features make Betdaq US a reliable sports betting and gaming group. We will go over each component in detail on our Betdaq offers page. We will explain why Betdaq ratings are superb as a reliable betting exchange operator. Should you feel the need to compare Betdaq to some different operators take a look at some of our reviews for Betfair, Betfred, Betway and Betvictor.

One of the features that help set it apart from other betting sites is that rather than function as a bookkeeper, Betdaq ratings praise the site’s ability to allow users to bet against each other. By functioning as a betting exchange, and collecting a small fee from deposits, rather than compete against other bookmakers, Betdaq grew into the second largest betting exchange online.

Is Betdaq Reliable & Secure?

For customers that ask “is Betdaq secure?” – we have good news. Given that Ladbrokes Coral owns them,  Betdaq ratings show that this site has rarely had issues with data leaks. Some of the methods used to protect people’s data include:

  • Encryption of details
  • Secure payment portal
  • Reviewing protocols constantly
  • Licensed by British Gambling Commission
Betdaq: Pros & Cons
Betdaq: Pros & Cons
  • Back and lay horses against punters
  • Ample range of betting markets to bet on
  • Low commission for betting exchange users
  • Minimalistic but attractive design for fast and easy navigation
  • Not many welcome offers

Welcome Bonus

Free bets and offers play a huge part in the modern world of gambling, and bettors are always on the lookout for rewarding. Here, we’ll look at what promotions Betdaq US has to offer people whenever they create a new account.

At the time of writing, Betdaq US doesn’t have a free bet offer. However, they do have something similar to it. To claim a Betdaq free bet, you would need to opt for cashback on commission. You can also claim a free bet from a traditional bookie who has a better offer.

Keep an eye out for other special deals like mid-week multiples offer. Depending on the multiple bets you make, you can earn free bets each week. There’s also a possible free bet given in the form of a stack refund when you lose on a virtual sports betting, but it can be used in other markets on the site.

New customers have the chance to receive up to $1000 cashback in commissions in the first 30 days when they join and use the Betdaq promo code. To enter:

  1. Visit Betdaq at Betdaq.com
  2. Click the ‘Join Now’ button to get started.
  3. Fill out the registration form with your details.
  4. Enter the correct promotion code in the box where it is requested.
  5. Once you make a real money deposit, you have 30 days’ worth of free commissions on the exchange, up to $1000.

Betdaq Mobile App

The Betdaq mobile app offers its clients everything that its main website has. You all types of bets are available to be placed on all the sports they have to offer. Furthemore, punters can deposit and withdraw funds using the mobile app while also being able to utilize the live betting and streaming service on the app. The app has an easily navigable user interface so you can get straight into your bets without feeling like you need to learn how the app works first. With increasingly competitive odds, the mobile app has very few flaws. If you wish to get started with Betdaq on the website or mobile, you will need to know how to open your account, follow our simple steps:

How to Open Your Account

Step 1: Click on the “join here’ button at the top of the Betdaq home web page. You will then be taken to a page where you need to fill in your details. These details include your name, surname, date of birth, email address.

Step 2: You will now need to enter your location details such as your country of origin, state/county, town/city, address and postal code. Lastly you will enter you mobile number.

Step 3: Lastly, you will need to select the username and password of your choosing, followed by a personal security question and its subsequent answer. Select your preferred currency and should you have a promo code enter it in. Finally, confirm the terms and conditions. You are now ready to open your account.

You may receive an email from Betdaq to verify your new account.

Payment Methods

Betdaq US is trustworthy when it comes to paying money into and withdrawing money from your account. Here is why the bookie scores nine out of 10 when it comes to payment options.

Despite being one of the largest sports betting platforms out there, it has a rather short list of accepted countries. Somehow it still manages to attract a high volume of bettors from all over the world.

If Betdaq has been this successful with limited available currencies, we could only imagine how well they would do if they expanded to other territories. In addition to the US Dollar, they also accept the Singapore Dollar, the United Kingdom Pound, and the Euro.

When using Betdaq US, you can use debit cards, credit cards, Skrill, Neteller, and Bank Transfer to take out funds from your account. Bank transfers and checks can also be used to deposit funds into your account.

When using Visa and Mastercard credit cards, 1.5% of the total deposit is collected as fees. As a quick example, if you use a Mastercard to add $100 to your account, you’ll end up with $98.50 after the fees.

Charges are not applied when using a Skrill or Neteller account to add funds to an account. However, PayPal deposits are subject to a 2.0% charge, so if you add $100 to your account, you’ll end up with $98.00 in the account.

There are no fees charged on withdrawals, but processing times will depend on what payment method you use. For additional security, Betdaq reviews all withdrawals as a part of their security process.

There is a 24-hour delay between withdrawing funds, and the funds reaching the account. For debit and credit card withdrawals, processing times can take between two to five business days. Bank transfers take between one and five business days.

The minimum deposit into your Account is £/€/$USD 10 or equivalent. Betdaq US does not have a set maximum withdrawal limit, but it may be subject to change and reviews for risk management.

Many Betdaq reviews have noted that the simplest and most convenient way to add money to your account is to use your credit or debit card. Betdaq US accepts Visa, Mastercard, and Visa Electron debit cards for both withdrawals and deposits.  Bank transfers and checks can also be used to deposit funds.

How to Make Your First Deposit

  • Find the deposits section near the top of the web page and select it.
  • Select your preferred deposit method e.g Skrill, Neteller, Debit or Credit card.
  • Simply enter in the amount you wish to deposit. The minimum funds you can deposit is $10.

Its important to remember that the deposit method you decide to use to make your deposit will also correspond to your withdrawals. Meaning your withdrawals will need to use that same method.

How to Withdraw Your Winnings

  • Go to the “My Account” tab on the web page, where you will click on the withdrawal link.
  • From there simply enter the amount you wish to withdraw, there is no limit on how much you can withdraw from your account.
  • It is imperative to remember that the withdrawal and deposit methods need to be the same for your withdrawal to be successful.

Customer Service

Does Betdaq US horse racing provide top-notch customer service? Yes! Not only are Betdaq ratings boosted by there being plenty of bonuses, promotions, and a wide variety of sports, but they also provide world-class customer care service and excellent user experience.

For the quickest response, Live Chat is available every day of the week. Their hours of operation are from 9 AM to 8 PM GMT from Monday to Saturday, and 9:30 AM to 8 PM on Sunday.

If you need to reach them after hours, you can also submit a question to their support team or email them directly at [email protected]. Then, Betdaq will contact you within 24-hours of you sending the email. Additional contact info can be found in the Help section of their site.

Betdaq offers its service to residents of a wide variety of different countries. However, their terms and conditions make it clear that it is up to the responsibility of the user to make sure that they are legally allowed to access the exchange.

Betdaq US processing times for requests and payouts are subject to standard security checks and can take up to 24-hours to be processed. This is in addition to the standard processing times set by the payment method you choose.

Betdaq also takes initiative to combat and prevent gambling addiction. They work with third-party organizations such as The National Association for Gambling Care and GamCare to provide free counseling, support, advice, and information to those who need it. Always gamble responsibly, and never bet what you aren’t willing to lose.

License & Security

Betdaq is the trading name of Global Betting Exchange Alderney (GBEA) Limited. Betdaq customers funds are secured by Ladbrokes Trustee Company Limited, a subsidiary of LadbrokesCoral PLC, a company listed on the London Stock Exchange and the ultimate parent company of Betdaq.

Betdaq is operated by LC International Limited (Suite 6, Atlantic Suites, Gibraltar). Betdaq is licensed and regulated by the United Kingdom Gambling Commission (UKGC). For residents outside of Great Britain, Betdaq is licensed and regulated by the Gibraltar Gambling Commissioner and government.

At Betdaq, security is paramount, which is why your personal information and card details are encrypted when depositing money. Their secure payment service providers are Allied Irish Bank and PaymentTrust.

Betdaq requires new customers to declare that they are over 18 years of age and carry out electronic checks on all new accounts. Their age verification systems and procedures filter out underage customers.

They also have a recommended list of parental filtering solutions for parents and guardians that would like to restrict online access for their children. One example of an easy safeguard you can add to an account is requesting further information to establish the customers’ identity after logging in.

Rewards & Loyalty Programmes

Maximizing your earnings means keeping your expenses as low as possible, which is why Betdaq has many options to help customers save as they play. They encourage customers to check daily for bonuses and match betting on virtual games and races.

Betdaq Rewards allows members to exchange loyalty points for a choice of over 250 products and experiences. For every commission point earned through the customer’s account on the betting exchange, it is converted to two Betdaq Rewards points.

The Rewards points can be redeemed online for a variety of items, subscriptions, or package deals. At the moment, it is only available to residents in Ireland and the UK, but it will be expanding soon to Betdaq US as well.

Aside from signup and first deposit bonus, Betdaq has no shortage of daily promo codes out for deposit bonuses. Their bonuses are usually a “Buy One, Get One Free” deal where you place a bet and earn one in return. There’s also enticing racing bonuses and daily offers being updated to help boost your winnings.

Betdaq Sports Betting

Betting Markets

When it comes to sports betting, Betdaq ratings are increased due to Betdaq US having both quality and quantity when it comes to their content. They cover horse and greyhound racing, along with other sports like football and Formula 1 racing.

It now includes some uncommon ones that are rising in popularity, like political issues and virtual sports. The exchange also has the opportunity to place multiples on its site, which isn’t part of the exchange, but still a nice little addition with highly competitive odds.

Betdaq Sports Betting Markets Include

  • Horse and Greyhound Racing
  • Soccer
  • Tennis
  • American Football
  • Baseball

The inclusion of politics and eSports to this site can only boost Betdaq ratings because it’s an alternative for those that aren’t into sports but still want to place bets on something. However, like many less popular markets, you can expect to encounter issues such as low liquidity.

Live Betting & Streaming

Betdaq reviews praise the site for being one of the few betting exchanges that provide a live streaming service. This is a relatively new phenomenon in the betting industry, which makes for a more entertaining betting experience. Even if you lose, you still got to watch a great race or game.

It provides an overall more exciting experience for players and is often used as a tool for matched bettors. If you want to enjoy the feature without the commitment, you can also watch the event without placing a bet.

Betdaq has an In-Play section that covers and streams some of the most popular sports around the world. While the selection is limited, it makes up for it with top-notch quality – especially for Horse racing enthusiasts. Players can log in to see the live streaming, get race results, and have the option to see a replay of the event.

Odds

Odds are arguably the second most important aspect of a great betting exchange. While good value odds are often similar between betting exchanges, odds at Betdaq tends to be lower at times due to the number of bets being placed.  The reason for this is because the prices are set on a player-to-player basis instead of betting against the bookies.

The odds can never be guaranteed when you’re betting against each other, but that’s what makes it interesting, and it grants you the flexibility you wouldn’t get from going against a bookie. You can often find even better odds on an exchange than with the bookmakers.

Betting Limits

Not even bets are the same, which is why we love that Betdaq US allows users to determine their limits. This works for people who are casual or professional gamblers. However, there is a maximum amount of time that money can be deposited per day. This is done to encourage responsible gambling.

Sportsbook Conclusion

Betdaq sports betting markets have everything we wanted when it comes to options and what we expect from a decent gaming experience. The features in their sports betting markets are balanced are favorable for advanced players, but it is also handy for players that are new and are concerned with gambling in moderation.

If we could change one thing about their sports betting markets, we would want more from the extensive marketing. They could benefit from partnering up with other companies that specialize in political betting.

As one of the largest betting exchanges out there, it is no surprise that it has plenty to offer when it comes to markets. Whether you’re serious about betting and making it more than a form of casual entertainment, it could be worth some looking into as it has something for everyone.

With high-quality streams, a focus on horse races and greyhound races, as well as other sports, and limits on how much can be deposited daily, Betdaq ratings with the public are boosted by its ability to cater to a large audience.

Betdaq Casino

Software

Betdaq reviews cite that this platform is primarily an international sports betting exchange platform, and it does offer online casino gaming experience. The selection of games in the live casino section is small and revolves around roulette and blackjack. However, you can play the games both on desktop and mobile devices, and there is a Welcome Bonus for new players.

Betdaq’s casino collection originated from widely-known industry-leading software providers such as Netent, Play N’ Go, and Playtech – the producers of many casino table games you will come across. They are accredited for both the desktop and mobile versions of the games on the Betdaq US site.

Game portfolio

Betdaq casino games are available to players as instant-play casino games, comprising a range of games that fall into categories such as table games, slots, virtual sports games, arcade games, jackpot games, and others, as may be added from time to time. Betdaq has a rather small portfolio compared to its competitors, but you’re bound to find something worth playing.

Slot Games

The “main attraction” featured games in the slot category includes:Aztec GoldStarburstMafia MillionsJail Break

Table/Jackpot Games

While there aren’t many games to choose from, there are several popular blackjack and roulette titles including:

European Roulette ProPremium Blackjack ProThe Terminator I’ll Be BlackjackTerminator Roulette

Virtual Sports

We mentioned earlier that Betdaq sports betting included virtual sports. There are only two types: virtual greyhounds and virtual horses. These alternatives sit well with the traditional sports bettors that are taking a break from other events.

Live Casino

Unfortunately, this feature is unavailable at Betdaq Casino. Whether they’ll include it in the future or not, we’re not sure, but we are looking forward to the possibilities of a live dealer section later down the line. However, you can take advantage of a variety of casino games, including blackjack and roulette.

Limits

What limits are set may vary. Depending on the game you choose and the betting possibilities it gives, you can bet as little as $0.01 per spin in the casino. Bear in mind that various games have different limits, so double-check this upon entering a particular game.

Product Conclusion

The casino selection isn’t something to write home about, but we have to keep in mind that it is a sports betting platform first. While Betdaq reviews reflect that this site isn’t known as one of the industry’s leading online casinos, it’s steadily improving in that sector.

What the casino lacks in variety, it makes up for it with big-name film giants such as Thor and Batman. Players also have the choice of blockbuster titles like King Kong, Incredible Hulk, Spider-Man, and the Fantastic Four. Other well-established favorites include Leprechaun’s Luck, Zuma Slots, Bejewelled 2, and Chests of Plenty.

Its list of games has increased over time, and Betdaq US now features popular, branded games from some of the industry’s top game developers. Overall, it could use plenty of improvement, but it’s still a good start, especially for a company that was mostly focused on sports betting.

Overall Conclusion

Betdaq US (a subsidiary of Betdap) operates several sports betting brokerages and websites from a central exchange hub providing partners with market pricing for sports wagering and risk management. From their range of sporting markets to their free ProForm Stats, they offer a brilliant platform that appeals to thousands of novice and advanced punters alike.

As many other Betdaq reviews go, this one has demonstrated why it has a reputation as one of the biggest online betting exchanges in the world. Yet, we would like to see more special deals for the horse racing market. Aside from that, we took into consideration all of the perks listed, and we gave Betdaq a double thumbs up.

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