BETDAQ is one of the world's leading online betting exchanges with over £20 million matched weekly. The parent company of BETDAQ UK is Global Betting Exchange, registered as a company in Dublin, Ireland. It was founded in 2000 by leading Irish businessman Dermot Desmond, whose other interests include London City Airport and a major shareholding in Glasgow Celtic Football Club. Global Betting Exchange operates a number of sports betting exchanges and brokerages around the world. It uses proprietary software, developed with a number of partners, and is fully protected by copyright in the European Union. It holds a UK gaming licence and is fully compliant with all laws and regulations applying to betting companies operating within the UK regulatory environment. It possesses a full UK bookmaker's permit and is registered with Her Majesty's Customs & Excise. You can't get much better integrity than that in the world of online gaming.

Betdaq has taken Betting Exchanges to another level with its unique features and bets. It is now possible to put an expiry time on a bet (if it has not been matched) at the time of placing the bet. Each Way and Multiple bets are also possible, even across different sports. You can now place Doubles/Trebles/Yankees/Super Yankees on BETDAQ. Just look out for the 'M' for Multiples. Minimum bet is £2 and the commission rate is normally 5% on winning bets.

Betdaq may lag behind Betfair in terms of market volume, but with its new unique bets and features, we expect Betdaq to catch up quickly. Excellent customer service, wide range of markets and sports covered and highest integrity rating. Only negative that we have come across really is that there is no sign up bonus or loyalty programme. Apart from that, our verdict is that Betdaq will give Betfair a run for its money for the number 1 spot amongst the betting exchanges.

BETDAQ covers all the major sports. Its coverage of soccer is amongst the best of all online gambling sites. Some of the markets covered are as follows:

Back or lay

You can back a horse or team to win, or if you can't pick a winner, you can always lay a horse or team to lose!

Choose odds

You can choose the odds at which you would like to place your bet. With Betdaq's unique Time Expiry of a Bet, you don't even have to be online as you can set how long you wish your bet at a certain price to be available for a match.

Single Click
The Single Click Betting feature allows you to place your bets with one click of your mouse. For the best possible service for betting at speed, BETDAQ has introduced 'Single Click Betting'. This allows you to swiftly take offers without any need for confirmation of your request. This helps to speed up your transaction rate in markets where you are comfortable with what you are doing.

Expiry Time of Bet

When you make an offer on BETDAQ, you can choose to leave it up until the event starts or to take it down automatically at a time you nominate. This is particularly useful in longer term markets where you can now make offers after one round of matches, suspend them automatically before the next round, and amend them to go up again when you have weighed up the changes to the likely outcome. BETDAQ is the only exchange that offers this facility.

Each Way

You can now place an EACH WAY bet on many of our horse racing markets. This allows you to win when your selection wins, and to get some consolation if it goes close. The bet type has always been popular in traditional betting outlets and this is the first time it has been offered to exchange customers.

Multiple Bets

BETDAQ has introduced a new MULTIPLE bet to the exchange. This bet type has always been popular in traditional betting outlets and this is the first time it has been offered to exchange customers. In US betting terminology, a Multiple Bet is known as a "PARLAY". A Multiple Bet is defined as individual bets which combine two or more selections in a single bet. The overall payout for a win (including the original stake) is equal to the stake multiplied by the product of the various odds. One of the few betting exchanges that allow multiple bets. You can combine up to 12 selections in different events to make a Double, Treble, 4-fold, 5-Fold right up to a 12-fold. In making a selection, you are choosing to back that selection, please note it is not possible to lay a selection as part of a multiple bet. All selections must win for the multiple bet to be settled as a winner. Commission payable is calculated at 5% of winnings per multiple bet for all customers.

BETDAQ does not run many special promotions for their customers. They are far and few between. During the Cheltenham Festival of Racing, BETDAQ only charges a 2% commission on all our current Cheltenham Ante Post markets. But that's the type of promotions that Betdaq runs so don't expect to get a lot of free money.

BETDAQ has no loyalty programme currently running.

Excellent software with quick servers and great information on the website. Uploading times of web pages are very quick and server lag minimal. The website contains a huge amount of information, but very neatly laid out so easy to navigate quickly to the most current betting events or your favourite sport. All is done via their website so there is absolutely no need to download anything.

DEPOSIT OPTIONS:
VISA, Mastercard, JCB, Switch, Solo, Delta, Laser, NETeller, Moneybookers, Bank Transfer, Cheque

CASH OUT OPTIONS:
VISA, Mastercard, JCB, Switch, Solo, Delta, Laser, NETeller, Moneybookers, Bank Transfer, Cheque

If you have lodged funds using a credit card you may have to provide proof of identity. If you have lodged funds from MasterCard they can only effect your withdrawal via Bank Transfer, upon receipt of proof of address and identity documentation.

BETDAQ has an excellent customer service. Only negative is that it is not 24/7. BETDAQ Helpdesk can be reached on 0870-178 1021 (UK Callers) and +353-1-673 3360 from outside the UK. The BETDAQ Helpdesk is open Monday - Sunday from 09.00 to 22.00 Hrs. Yes there are no freephone numbers but in our view, paying a local call and get prompt, courteous and able assistance, then it is worth paying for the call.