Dafabet is an online gambling site that first began as a sports bookie designed for Asian customers. Now, Dafabet has become renowned in the gambling world.
It now provides avenues for sports betting, sports trading and several other gambling services including their exchange.
How Does Dafabet Exchange Work?
How exactly does Dafabet function?
This is a question many want answered to and we have done that in the write-up below.
Dafabet works as a middleman between two bettors looking to trade odds. The brand claims that they offer competitive odds and a wider range of sports events but is it really true?
We did our evaluations and we will discuss it all in this review so read on and enjoy!
Discuss extensively various aspects of this platform.
Is it Legal?
Dafabet is a legal gambling hub that has been in existence since 2004. Its headquarters is located in the Philippines and it is licensed by Curaçao gaming laws while remaining regulated by the UK Gambling Commission.
Its services extend from the Asia Pacific market to regions in Europe and others. Judging by their licenses and regulation history, Dafabet is a legal betting exchange.
Back and Lay Betting at Dafabet
Back and lay betting are two options available on Dafabet. In layman’s terms, back betting involves a situation where a bettor makes wagers on the possible occurrence of a certain event.
For instance, in horse racing, if you bet that a certain horse will win, it simply means you backed the bet. And that is back betting.
However, lay betting is the complete opposite. Lay betting simply implies that you are wagering on the possibility that a certain outcome will not occur.
For example, in the initial scenario we cited, if you bet that that particular horse will not win, that is a lay bet.
When I sign up on this site, do I enjoy any special benefits?
Surely you do but to know what exactly these benefits are, you must keep reading.
In our discoveries, we found out that Dafabet offers several mouth-watering promotions and bonus offers.
Each of these promos has terms and conditions attached but that does not reduce the fun. Here are some of the offers we found.
Since this platform has different deposit accounts for each game it offers, there are several welcome bonuses available to new members.
Some of these offers include:
- On Dafa sports, you stand to claim as much as a 170% match bonus that maxes out at INR 17,000 after you make your first deposit.
- On OW sports, you are eligible to claim a 100% welcome bonus of up to INR 30,000 on your first deposit.
- On PT+, you can claim a 100% bonus of as much as Rs 6,000 after your first deposit.
- On Dafa sports, your first Bitcoin deposit gives you a bonus that goes as high as 20mBTC.
First Month Newbie Starter pack
In your first month of using this site, you stand to gain a bonus package worth INR 2,200. For more info on this, visit their official website.
Game for Fame
This promo gives Dafabet players a chance to win as much as ₹80,000 when they bet at least ₹41,000 on casinos, arcades, live dealers, and games.
In addition, you must play several games often so you can gain points and ascend the leaderboard. The top 100 players are rewarded based on rank.
First Day Cashback
Dafabet also rewards you with a 100% bonus of as much as ₹1,500 on your first day of betting.
Referral Bonus/Affiliate Program
Dafabet rewards you for introducing new members to the platform. You can earn an initial revenue rate of 30% and also make more money by bringing in more players. Your bonus rate could go as high as 40%.
To know what commission entails and what it is meant for, check out this section.
We do not understand why, but Dafabet is not clear about their commissions.
We are quite sure that this platform deducts a certain percentage as commission fees since it’s the only way they can generate revenue.
But it is not clear how much these fees are but we want to believe that it is nothing out of the ordinary.
Do you want to know what liquidity is all about and how Dafabet evades problems related to this?
We foresaw this and we have provided answers below.
Looking at the number of promotions available on the Dafabet website, we can conclude that this platform has no liquidity issues.
We say this because the more liquidity a site has, the more promotions it offers its users. In addition, Dafabet is expected to be included in Scout Gaming’s worldwide liquidity network.
This hopes to solve any liquidity problems that might spring up later on.
Registration: Step-by-Step Guide
Registration on this site is procedural and if you want to know more about it, then read on.
Before anyone can access the services that this platform provides, the user must first be registered. And it is for this reason that we have given simple procedures on how to correctly sign up on this website. The steps to follow are:
- Firstly, visit Dafabet’s official website. At the top right corner of the homepage, select “Join Now”
- On the next pop-up, fill in the requested details, then click on “Create Account” after accepting the terms
A pop-up displaying options to deposit immediately or to skip comes next. Click on “Skip” unless you are ready to deposit
- The next page takes you to your dashboard and you can now enjoy Dafabet services
How to Login After Registration?
There is a possibility that after you sign up, the next page does not display your account dashboard. The following steps give directions on how to get back into your account.
- At the top of the homepage, click on “Login”
- Right beside this button, there are spaces provided for your login details. Fill them properly in those spaces
- After that, select “Login”, and the next pop-up should take you directly to your account page
You will receive an email asking you to reset your password within 24 hours. Alternatively, you can reach out to the customer support staff.
You will be directed to an agent who will provide detailed answers to your queries.
Payment Methods Available
If you want to learn about Dafabet payment methods and their limits, keep reading.
This gaming hub provides extensive variations of banking options. Also, the payment processing time for both deposits and withdrawals may vary depending on the method you use. And these methods include:
- Cryptocurrency: We consider this the most efficient payment option because payment processing is instant. Also, since the minimum limit is 15 MYR and the maximum is 100,000 MYR, users can make so many transactions before exhausting their limits.
- Online Transfer: This option is most effective in Dafabet India and other Asian regions. To execute your transactions, you can use sites like Walaopay, Easypay, Echelonpay, etc. The minimum limit for this option is RM 50, while the maximum limit ranges from RM 10,000 to RM 50,000.
- Credit/Debit Cards: Dafabet users can use credit or debit cards to initiate payment. With this method, the minimum amount is 15 MYR and the maximum amount is between 700 MYR and 10,000 MYR. It all depends on the card you use for the transaction.
- E-wallets: E-wallets like Skrill, Neteller, EcoPayz, and others can be used to make your payments. They have limits that begin at about 13 MYR and cap at 100,000 MYR.
How to Deposit Money In Your Dafabet Account
To deposit funds in your Dafabet account, simply follow the procedures listed below.
- Firstly, sign in to your account
- At the top right of your account page, hover the mouse on “Cashier” and then select “Deposit”
- This projects you to a pop-up requiring you to select the payment method you wish to use. Choose the one most convenient for you
- Now, this directs you to a page asking you to enter your payment details. Fill everything correctly and then click on deposit
Your deposit amount should reflect immediately in your Dafabet dashboard.
How to Withdraw Money From Your Dafabet Account
Withdrawing your winnings on this platform follows the same procedure as that of deposits. However, let’s go through it step by step.
- After signing in to your account, click on cashier and then “Withdraw”
- A pop-up displaying the various options available comes on. Select the one you want
- It then directs you to another page. Enter the necessary details correctly, then click on “Withdraw”
Depending on the payment method you select, your withdrawal should be processed in the space of 1-5 business days.
Betting Options Available
Is Dafabet a good place to play games?
What gaming options can I select from?
Know more by browsing through this segment.
Our assessment of this site showed that Dafabet makes several betting options available to its customers.
Its wide market and featured games ensure that its users are left satisfied at all times. Moreover, its online casino games leave no room for boredom.
There is also an option that supports in-play which allows you to bet while a game is on.
We are impressed by the array of options provided by this gaming hub. Some of the available markets we found are listed below.
This platform has a series of great features that make it stand out. Let’s have a look at a few of them.
- Mix Parlay: Dafabet allows you the opportunity to increase your winnings by using the “Mix Parlay” feature. This is also known as an accumulator as it combines two or more multiple selections to your bet slip. With accumulator bets, you can use a single stake to win more.
- Arcade: This is a newly introduced feature in online gaming sites that allow you to win in more ways than one. Arcade games on Dafabet give you a chance to win not only with luck but also with interactive gameplay and skill in the equation. Some arcade games can be found in Cascading Reels, Fishing, Table games, etc.
- Cashout: Another feature of Dafabet is the option to lock your profits or minimize your losses before an event is over. With this, you can cash out even while the event is ongoing.
Does Dafabet own a mobile app and how can I access it?
These are questions frequently asked by Dafabet users and we have responded to both questions here.
Dafabet not only has a website, but also a mobile app. And this app is accessible by both Android and iOS users.
This makes it relatively easier to access the platform from the comfort of your mobile devices. It also gives players a faster and more secure way of using Dafabet.
With the mobile app, you can stream sports events as they occur.
In addition, you can contact their customer support at any time while expecting immediate responses from them.
The mobile app sure has a lot to offer. And it’s one of the best betting exchange apps, especially for the Asian market.
Now, let’s see how to install this app.
How to Download the App
You can download the app directly from the website in these few steps.
- Go to the site’s homepage. By the extreme left, at the middle of the page, click on “Download”
- A drop menu displays the available apps to download, pick the one you want and then proceed
- On the next page, scan the QR code or click the link to download the app. Then allow unknown sources on your phone settings
This begins the download and installation processes.
Trading software is key to the success of any exchange platform.
Here, we discussed briefly the company that provides Dafabet with the software it uses.
Dafabet is not so clear on which software they use to offer their exchange services.
Although reviews about the exchange shows that trade executions are flawless and without delay.
To know how secure the information you provide on this website is, read through to see the precautions in place to protect such information.
Dafabet does a fantastic job at keeping its customers’ information protected. While using the most recent firewall technology available, this gambling site ensures that your sensitive information remains private.
In addition, they use SSL encryption to maintain data privacy and protect it from unauthorized access.
Therefore, you can rest assured that your information security is a top priority at Dafabet.
Usability of the Platform
If you want to discover how user-friendly this website is, we suggest you go through this segment.
For a first-timer on this website, the color splashes would seem to jump out. However, after some minutes, you get used to the jolt. Looking beyond its palette, the site is coordinated with everything distinctly arranged.
It is easy to navigate and you can easily discover promotions and VIP programs on the website. Games, Dafa sports, casinos, and partners are among the obvious features of the site’s homepage.
Furthermore, players on Dafabet can search for specific games they wish to play by using the search bar.
Everything is in place on this site to ensure its customers get the most of it.
Our Final Thoughts
Bringing this review to a close, after all our investigations, we reached a conclusion.
We have written out our verdict in this segment.
From all we discovered in our research on this platform, we can only conclude that any bettor looking to invest in gambling should and must try Dafabet out.
It has a lot to offer ranging from generous bonuses, fascinating games, a wide catalog of casino games, several betting options, and lots more.
We recommend it for gamblers in search of immersive gaming adventures. However, you do not need to take our word for it, you can also take a look by yourself.
What is Dafabet exchange?
Dafabet exchange is a leading Asian betting platform that gives its users the option of buying and selling wagers to other bettors.
Is Dafabet legal in India?
Dafabet also offers its services to Indian users under the country’s legal terms. Also, Dafabet provides its services in Hindu and Telugu. In addition, Indian players can make transactions using their national currency.
How to create a Dafabet account?
To know more about creating a Dafabet account, read through the above review. We have provided a step-by-step guide on the subject.
How to deposit money in Dafabet?
Depositing money on this platform is quite straightforward and we have discussed this in this review. Take a look at the segment that speaks on this and read through.
Is Dafabet fake?
We are here to assure you that Dafabet is no scam. It is a betting platform that guarantees you as a user are given the best services. Also, it is under the jurisdiction of the Isle of Man.