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Betdaq Reviews & Ratings US 2022

Is Betdaq Reliable & Secure?

Want to play at one of the best betting exchanges in the US? Then you should definitely check out Betdaq. Read our Betdaq review to see why this site can take your sports bets to the next level.

Betdaq is the second largest betting exchange online and we found it offers you amazing bets for the Kentucky Derby, Preakness Stakes and much more. Plus you can even pick up some Betdaq offers to get much more from your bets. Take a look below to find out more about this top betting exchange!

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 0% commission
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. Check out how we answered the question “is TwinSpires secure?” as a comparison for Betdaq’s security.

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 Horse 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.

If you are not 100% sold on Betdaq, feel free to explore our Unibet, Bet365, and Totesport reviews for comparative offers.

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