Betdaq is an online betting exchange that was founded by Irish businessman Dermot Desmond in 2000 and is now part of the Ladbrokes Coral group.
Betdaq main product is its betting exchange but it also has a sportsbook and casino. Betdaq charges a market competitive 2% on exchange bets and they have a welcome offer that is very easy to complete (see details below).
Betdaq Welcome Offer for New Customers
The Betdaq Exchange is currently offering new Irish and UK customers €/£10 in free bets when they deposit and bet €/£10 within 14 days of opening a betting exchange account with them using the Betdaq Promo Code BDQ10.
They also have an offer where you can receive your first month’s commission back as cash up to €/£1,000.
So for example, if you placed €/£1,000 worth of exchange bets in your first month then you would receive €/£20 back in cash.
If you think you will place enough exchange bets on Betdaq to make the offer worthwhile, then you may want to consider doing this offer instead.
My recommendation would be to go for the bet €/£10, get €/£10 free bet offer but the final choice is up to you.
I have included a step by step guide to completing the bet €/£10, get €/£10 free bet offer below.
Step by Step Guide to Completing the Betdaq Welcome Offer
Please see below for a detailed step by step guide on how to qualify for the Betdaq Welcome offer.
Step 1 – Go to Betdaq.com and Click on Join Now
Copy the following address into your navigation bar and click enter: https://www.betdaq.com. Once the website loads, click on the Join Now button in the top left of the website (see screenshot above).
Step 2 – Enter your Account Information and the Betdaq Promo code BDQ10
When you click on the Join Now button, a new window will pop up and you will be asked to enter your Name, Address, email address, etc.. and other information Betdaq requires for you to open an account with them. Ensure you input the Betdaq promo code BDQ10 on page 3 in order that you qualify for the welcome offer.
Step 3 – Make your First Deposit
Once you have entered all your account information, you will now have the opportunity to make your first deposit into your Betdaq account. In order to qualify for the new customer offer, you will need to deposit a minimum of €/£10 into your account.
Step 4 – Place your Qualifying Bet
Once you have deposited funds into your Betdaq account, you will need to place a qualifying bet of €/£10 at odds of 2.0 (1/1) or higher so that you can obtain your €/£10 Free Bet. Once your qualifying bet has settled, you will receive your free bet within 72 hours.
Step 5 – Place your Free Bet
Once your free bet has been credited to your account, you can use matched betting to convert up to 80% of its value into withdrawable cash.
NB: We do our best to keep to include the latest information on our site but it is important that you check the terms and conditions on the Betdaq website (https://www.betdaq.com/Promotions/bet10get10_landingpagetab) before completing the above welcome offer.
Betdaq Welcome Offer FAQ
What is the maximum free bet obtainable under this offer?
The maximum free bet is €/£10.
How long does it take for my free bet to be credited to my account?
Your Free Bet should be credited to your account within 72 hours of your qualifying bet being settled.
Do the free bets expire?
Yes, they will expire if not used within 7 days.
Once my free bets have been credited to my account, are there any wagering requirements for my free bets?
Once your free bets are added to your account, there are no wagering requirements. Any winnings on bets placed using your free bets will be paid into your cash balance (Free bet stake is not returned). For example, if you placed a €/£10 Free Bet placed at odds of 3/1 (4.00) and it won, then you would receive €/£30 in your cash balance.
How long after opening my account, do I have to make my qualifying bet?
Your qualifying bet must be settled within 14 days of opening your account.
Do existing Betdaq customers qualify for this offer?
No, this offer is limited to new customers.
Are there any geographical restrictions on this offer?
The offer is only available to residents of Ireland, the UK, Jersey and Gibraltar.
Can my partner also qualify for this offer?
This Sign Up Offer is limited to one per individual customer.
If I make a deposit using an e-wallet will I qualify for this offer?
Deposits made using Moneybookers, Paypal, Neteller or Skrill will not qualify for this welcome offer.
Other Betdaq Promotions
In terms of other Betdaq promotions and Betdaq Free Bets, you can expect to receive the odd bet 10, get 10 free bet offer but they aren’t that frequent.
However, they are currently offering members a 0% commission deal every Saturday in 2021, where you won’t be charged any commission on your exchange bets that day.
However, bear in mind that if you are placing exchange bets when you could have got better odds on another betting exchange then you need to factor this into your calculations.
For example, if you placed €/£1,000 of exchange bets at average odds of 4.0 with betting exchange A and compared that to placing €/£1,000 of exchange bets at average odds of 4.1 (only 1 tick better) at betting exchange B then you would win €100 more at betting exchange before commissions.
Just remember that you should always compare the odds at other betting exchanges as any savings from a 0% commission deal may be eroded if you could get better odds at another betting exchange.
Sometimes, even one tick in the difference can wipe out any benefit from a 0% commission deal.