Betfair, Betdaq and Smarkets are the undisputed world leaders in betting exchanges. Smarkets has been compared to Betfair in a separate article, and here we will take a look at how Betdaq compares to the orange giant.
Does Betfair stand out from Betdaq in every aspect, though?
Is there anything that Betdaq does better than Betfair?
Let’s check out the key differences, similarities and advantages of both exchanges.
- What are the commission rates on Betfair and Betdaq?
- Does Betdaq charge 5%?
- Can you get 0% commission on Betdaq?
You need to know some basics when choosing a suitable exchange, so let’s check them out.
First, let’s take a closer look at the commission. Of course, standards vary – in some exchanges, you will see commissions of 2%, elsewhere 5%, and on Betfair, you can even set a commission of 8% in exchange for additional privileges and bonuses.
Betdaq has changed. Not so long ago, their commission was 5%, and it only goes down to 2% once you hit £300,000 or 12,000 loyalty points. But now the commission is a fixed 2% – an excellent improvement!
However, there are two sides to every coin.
For example, Betdaq had a ‘Super Saturday’ promotion that allowed you to get a 0% commission on any sport.
Sadly now there is no such promotion.
However, the exclusion of ‘Super Saturday’ from the available promotions is negated by reducing the standard commission from 5% to 2%.
How does it look on Betfair?
Well, it depends on the plan you choose. There are three plans available, which you can see in detail in the image below.
With Betfair and Betdaq both offering 2% commission, we have a tie in this category.
In this section, we will answer the following questions:
- What is the availability of markets on the Betdaq exchange?
- How does Betdaq compare to Betfair?
- How many sports and which ones are offered on each Exchange?
Let’s find out!
As I write this article, it is the afternoon hour on a midweek day. However, this does not mean that there are no sporting events taking place. On the contrary, there are several.
However, Betdaq has only three in-play matches, two of which are in tennis. In comparison, the Betfair Exchange has three football matches and as many as 10 tennis matches in-play.
Read more about in-play trading in this article.
So, the verdict in this category is not even close – Betdaq don’t come close to Betfair.
But how does it look with the pre-match markets?
Don’t let the font size on the Betfair and Betdaq side fool you. At first glance, you would think that Betdaq has even more sports on offer, but in reality, Betfair have 27 different sports on offer, and Betdaq only have 20.
The number of sports available is one thing, but the number of markets in those sports is also crucial.
Betdaq offers matches from the top leagues only, so we have no problem accessing games from Serie A, Bundesliga, La Liga, Premier League, etc.
In the case of tennis, we will place bets on ATP, WTA and other popular tournaments.
That’s it, unfortunately, because, at Betfair, there are markets available even from the fourth division in England, the German league, the Polish league and many others.
So here, the rating couldn’t be more different because Betfair are second to none regarding market availability.
Another equally important consideration when choosing the correct Exchange.
- How does the liquidity perform on Betdaq?
- With what amounts can problems appear on Betdaq?
- Which Exchange performs better on liquidity?
Here we go!
By typing the phrase ‘Betdaq liquidity’ into Google, you probably didn’t come here to read about liquidity on the Betfair Exchange.
However, the liquidity at Betfair is one of the highest, meaning you will experience fewer problems with placing a bet than with its competitors – but how does the liquidity look at Betdaq?
As mentioned above, you will find matches from the top leagues on Betdaq. Because of this, liquidity will not usually cause any significant problems.
However, difficulties can appear when we want to bet a considerable amount, such as stakes over £500. Then we have to be ready for our whole stake not being matched at once.
Let’s take a look at liquidity in a Europa League match as an example:
If you are planning to bet with small amounts, Betdaq will not cause you any problems – however, in the overall assessment, Betfair is again better and now leads by a score of 2-0.
Something that new players love the most!
- What kind of welcome offer does Betfair have?
- What are the bonus codes?
- What bonuses has Betdaq prepared?
Let’s take a look!
There is plenty to like at Betfair when it comes to welcome offers.
Betfair allows you to choose your bonus depending on where you want to play, as you can choose from the sportsbook, Exchange, casino, bingo or poker.
|Betfair Bonus Description||Betfair Promo Code:|
|Exchange||£20 Money Back in Cash – Max £20 refund on the first bet. Bet must be placed in the first 7 days of account opening.||VAL225|
|Sportsbook||5x £20 Free Bets – New customers place £50 worth of bets to receive £20 in free bets. Repeat up to 5 times to receive a maximum of £100. Min odds 1.20.||ZBAA01|
|Poker||200% up to €200 – Deposit €10 to Poker wallet to trigger 200% Match Bonus & unlock 2x €250 Freeroll entry tickets.||INTPOK|
|Poker #2||Up to €40 in Free Tickets – earn 25 or 50 Status Points to get €20 or €40 in free tickets. Tickets have 30-day expiry.||PKRREG|
|Casino||Bet £10 Get £30 + 100 Free Spins – Min Deposit £10. Deposits made by e-wallets are not valid. Bonus wagering x35 on eligible games. £5 Max Stake On Bonus. Spins available after bonus redeemed/lost. Spins value 0.10p. UK & IRL Customers Only.||CASA10|
|Casino #2||50 Free Spins – Free spins valued at 10p. After you’ve played your initial free spins, opt-in, deposit and play £10 on Daily Jackpot games to get an additional 50 free spins. Reload the game to get your free spins.||CASF51|
|Bingo||Bet £10 Get £40 – Play £5 in Bingo rooms to receive 200 Free Tickets. Play £5 on eligible Slingo games to receive a £20 bonus. Free Tickets & Slingo bonus carries a 1x wagering requirement.||BINSGO|
Here is you can read more about Betfair bonuses and promocodes.
|Betdaq Bonus Description||Betdaq Promo Code:|
|Exchange||Bet £20 Get £20 – Place £20 first bet on Exchange at odds of 2.0 or greater & get £20 free bet.||BG2020|
|Exchange||Get Up To £1000 Cashback – Receive your first month’s commission back as cash up to £1000.||DAQBACK|
|Exchange||Bet £10 Get £10 – Place £10 first bet on exchange at odds of 2.0 or greater and get £10 free bet.||BDQ10|
|Virtuals||Bet £10 Get £10 – Place your first bet of £10 on Betdaq virtuals and if it loses, get a £10 free bet.||V1010|
Here is you can read more about Betdaq bonuses and promocodes.
Betdaq doesn’t fare that badly because they mainly have an exchange. Of particular interest is the £1000 cashback, especially if you plan on trading a lot of cash.
We award a well-deserved draw because Betfair has more bonuses, but Betdaq offers more for the stock market.
- What are the payment methods on Betfair?
- How does it look on Betdaq?
- What are the limits?
Let’s check it out!
Payment methods are one of the things that people look at first when choosing a betting site.
After all, since we use Paypal or Skrill a lot, we want to be able to deposit and withdraw funds using that method.
What options do we have?
- Bank Transfer (£10 minimum deposit)
- Debit Card (£5 minimum deposit)
- Paypal (£10 minimum deposit)
- Neteller (£12 minimum deposit)
- Skrill (£10 minimum deposit)
- MuchBetter (£10 minimum deposit)
- PaySafeCard (£5 minimum deposit)
- Rapid Transfer (£10 minimum deposit)
You may also like: How to withdraw money from Betfair Exchange?
- Bank Transfer (£10 minimum deposit)
- Visa/Mastercard (£10 minimum deposit)
- Paypal (£5 minimum deposit)
- Neteller (£5 minimum deposit)
- Skrill (£5 minimum deposit)
- Cheque (£10 minimum deposit)
Generally, Betfair provide the option of depositing using the MuchBetter wallet and PaySafeCard and RapidTransfer.
However, Betdaq has a lower minimum deposit limit with the top online e-wallets like Paypal or Skrill.
Therefore, we award a tie in this category as well.
How about some extra extras?
Take a peek at a brief comparison of some interesting features.
For easy access, click on the link in the Betdaq column.
- Will I experience problems when navigating the Betdaq or Betfair website?
- What are the differences between these two exchanges?
- What determines the final choice?
There we go!
We will have no trouble navigating either Exchange. Both are transparent, and there is no difficulty in accessing the markets.
The differences are minor – for instance when entering an event, the markets on the Betfair exchange are available on the left side.
In contrast, with Betdaq, this is done on the top of the page just under the name of the selected event.
The account and deposit panel is located on the right. Other tabs are at the top of the page. The exchanges are very similar, apart from the slightly different layout and colours.
There is nothing to judge on this point. Everyone could find some pros and cons of each Exchange. So let’s move on! 🙂
Would you like to download the Betfair or Betdaq app?
Then you’ve come to the right place!
The download links for iOS and Android are below!
If you’re afraid of direct links, scan this QR code to view the BETDAQ Mobile Site on your device:
We will not give a final rating for the mobile app. After all, we’re not going to flip the script and judge something we don’t use, are we?
Furthermore, accessing the Exchange using an app is not as convenient as using a website, and after all, it is all about our money.
However, an app can be helpful if we want to keep an eye on our single bet and fully control it at any time, day or night. If you think there will be such situations, you can confidently get the software.
- How do I contact the support team?
- What is the email for Betdaq and Betfair?
- Will I get support through Betdaq’s Twitter feed?
Let’s get it started!
The contact with the support team stands at the highest level with a short time to wait for a response.
If you have any issues with usage, deposit or verification, don’t hesitate to use any support contact options below.
Regarding Betdaq Twitter, we recommend using other forms of contact as we are not sure if you will receive support using this social platform.
It will be much faster to receive support if you use either Live Chat or Email.
- Are Betfair and Betdaq legit?
- Where are the companies registered?
- Under which banners do they operate?
Let’s check, just to be sure!
Just for quick reference – you don’t have to worry about anything – both exchanges are 100% legit.
Betdaq is operated by Exchange Platform Solutions Limited which is licensed and regulated in Great Britain by the Gambling Commission under account number 34865.
For people gambling in the Republic of Ireland, BETDAQ (Exchange Platform Solutions Limited) holds Remote Bookmaker’s Licence No. 1018033 and Remote Betting Intermediary’s Licence No. 1018032.
For people gambling outside Great Britain or the Republic of Ireland, BETDAQ (Exchange Platform Solutions Limited) is licensed and regulated by the Alderney Gambling Control Commission.
Betfair (PPB Counterparty Services Limited), having its registered address at Spinola Park, Level 2, Triq Mikiel Ang Borg, St Julians SPK 1000, Malta, is licensed and regulated by the Malta Gaming Authority under Licence Number MGA/CRP/131/2006 (issued on 01 August 2018).
Some games are supplied by operators that are licensed within the EU/EEA and further information is displayed on the individual games where applicable.
PPB Counterparty Services Limited, Betfair Casino Limited, TSE Malta LP and PPB Entertainment Limited are licensed and regulated in Great Britain by the Gambling Commission under account numbers 39439, 39435, 39561 and 39426.
- Which Exchange is better, Betfair or Betdaq?
- Why is one better than the other?
- Does it cancel out the competitor?
- When will using Betdaq be right for us?
Let’s check the final result!
The final score was a mere 2-0, but that’s as far as it went, as Betfair won decisively on the two most important points, namely the availability of markets and liquidity.
It is these two aspects that we pay special attention to.
Moreover, we have not found any category in which Betdaq would be better than Betfair. It is hard to compete with such a giant.
Nevertheless, the difference is not as big as some might think.
If you are not planning to trade on less popular markets or are looking to trade using smaller stakes, the Betdaq exchange is more than adequate.