Betdaq are the world’s second biggest online betting exchange and in this review we’ll cover how they compare to the biggest exchange out there (Betfair) and what features the site has to offer punters.
Review of Betdaq Markets
Betdaq are certainly not one of the better known names in the world of UK online gambling, but they do punch well above their weight when it comes to the amount of different markets that they offer. Although they don’t have as many as the “big boys” they still provide more than enough to keep even the most serious gambler interested. Liquidity can however be a problem with less popular events. The sports that they offer are:
Soccer, horse racing, tennis, golf, cricket, greyhound racing, American football, basketball, boxing, formula one, darts, GAA, ice hockey, MMA, rugby league and rugby union. Aside from these, they also have a large list of “special bets” that you can use, ranging from the BBC Sports Personality of the Year through to the winner of X Factor.
As can be seen, the selection isn’t massive and if you’re a high stakes punter then you’re not going to be pleased with the amount of money available to back and lay on different events – honestly most exchange bettors would be better off using Betfair.
Betdaq is better used as a secondary exchange. More of a backup for Betfair. The bigger the event the more liquidity you’ll see at Betdaq so for things like Premier League football you won’t find a problem. As soon as you start sifting through their less popular markets problems start to arise and in many cases you’ll struggle to get a large wager matched.
This is leading to… well, not exactly an exodus, but certainly a backlash, and Betdaq are the key beneficiaries via the aforementioned enhanced liquidity/more competitive odds. Incidentally, it goes without saying that you’re looking at an odds benefit over traditional bookies in line of that with Betfair: in other words, between 10 and 30% depending on where in the odds range you’re playing at.
The second reason, which I discovered a couple of days ago, is that Betdaq are really upping their game in search of new customers, and therefore better odds for all in their exchange.
To that end, they’re not only offering 2.5% commission on all bets until the end of 2011 – which is 50% less than you’ll pay elsewhere and renders their odds better in most all cases, at the top end of the market – but they’re also giving up to Â£200 in free bets away as well.*