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It’s fair to say that Betfair is the best-known betting exchange, by some distance. While it doesn’t quite have those levels of fame, however, Betdaq is still an enormously successful brand. It was founded very shortly after Betfair, in 2000, and remains one of its biggest competitors to this day. That competition applies not only to the likes of commissions and market selections, but to promotions too. In an effort to constantly bring in fresh business, Betdaq routinely provides some of the best offers of any betting exchange, for both new and existing customers. Some require a Betdaq promo code to use, while others are applied automatically, with no input required. In this article, we’ll tell you everything you need to know about the current range of Betdaq promotions. You’ll learn what each of them involves, how to use a Betdaq promo code, and plenty more besides. Let’s go.

What is a Betdaq Bonus Code?

A promotion code is one of the most common ways for betting exchanges and sportsbooks to provide deals for their users. These are short strings of numbers and letters, which you must often enter during the sign up process to activate bonus offers.

When it comes to a Betdaq promo code, you actually have a few different options to choose from. All are targeted at new customers, and you need to pick one and enter the relevant Betdaq promo code when you register. We’ll take a look at each in more detail later shortly.

Offers Bonus Description Betdaq Bonus Code
Betdaq Sportsbook/Exchange Bet £10, get £10 free bet BDQ10
Betdaq Exchange Up to £1,000 cashback DAQBACK
Betdaq Exchange Virtuals £10 risk-free bet V1010

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How to Sign Up and Redeem a Betdaq Bonus Code

As with most modern betting exchanges, the sign up process on Betdaq is nice and straightforward. There are only three stages, and it shouldn’t take more than a couple of minutes to complete.

Here’s a step-by-step guide on exactly how to sign up, and use your chosen Betdaq promo code.

Step 1: Visit the Betdaq Website

Using either the regular Betdaq website, the mobile version of Betdaq.com, or one of the mobile apps, go to the home page and click ‘Join Now’. You will now see the first stage – ‘About You’ – which requires inputting your name, date of birth, and email address. After doing so, click ‘Next Step’.

Betdaq Promo Code

Step 2: Register a New Account

At the second stage – ‘Contact Information’ – you must enter your basic contact details. Namely, Betdaq requires your home address and contact number. Again, once you’ve done so, simply hit ‘Next Step’.

Betdaq Promo Code

Step 2: Verify Your Account And Redeem Promo Code

At the third and final stage – ‘Account’ – you must decide your username and password. You should also set up a security question, and can change your preferred currency. Crucially, this is also the point at which you enter your Betdaq promo code of choice, in the ‘Have a Promo Code?’ box. Once all that is done, just agree to the terms and conditions and click ‘Join Now’ to complete the process. After a short review, your Betdaq account should be ready for you to make your first deposit.

Betdaq Bonus Code

Why Join Betdaq?

betdaq sportsbetting Betting exchanges are harder to create than sportsbooks, which is why there are far fewer of them. You do still have a few options, though. As noted, Betfair is the dominant name on the scene, but another brand – Smarkets – has also been highly competitive in recent years.

Here’s a quick comparison between the three brands.

Criteria Betdaq Betfair Smarkets
Commission 2% or 0% (certain markets) 5% 2%
App Android and iOS Android and iOS iOS and Android
Available Sports 20 25 19
Welcome Bonus Bet £10, get £10 (+ two more options) Bet £10, get £30 in free bets (+1 option) Min deposit £20, get £10 rebate on losses

At first glance, there doesn’t seem much to separate the three bookies. That said, Betdaq does hold two major advantages over its competition.

Firstly, it has comfortably the most attractive commissions for sporting events. The most you’ll pay on Betdaq is a competitive 2%, and that only applies to football, horse and greyhound racing, cricket, and virtual sports. Your bets on every other sport will incur no commissions whatsoever, which is simply outstanding.

Secondly, it offers an unparalleled amount of choice in its welcome offers. While Smarkets and Betfair provide one and two welcome offers respectively, Betdaq have an exceptional three different sign up deals to choose from.

In addition to all of that, this is simply an excellent betting exchange in its own right. Its range of markets is impressive, with every major option in both real and virtual sports covered. While it can’t compete with Betfair for sheer number of users, there’s plenty of liquidity to let you place bets on all major markets.

Finally, Betdaq also seeks to boost your betting success in some useful ways. There’s an entire ‘Betdaq Tips’ section, for example, through which you can gain expert insight into upcoming events. There’s also a whole range of trading tools, which you can integrate with your account if you so choose, and the API is also freely accessible.

Betdaq New Customer Offer

As mentioned above, one of the things which distinguishes Betdaq over its competition from other bookmakers with exchanges is its selection of welcome offers. With three to choose from here after making your first deposit, each of which has its own unique Betdaq promo code, you really are spoiled for choice.

Let’s take a closer look at each sign up Betdaq offer in turn (please note that full T&Cs apply to each).

Bet £10, Get £10 (Sportsbook and Exchange) – Betdaq Promo Code BDQ10

This is the most straightforward welcome offer, netting you a £10 free bet on your new account, in return for a £10 qualifying bet. Both the qualifying wager and free bet can be placed on either Betdaq’s exchange or sportsbook, so you’re free to mix-and-match as you please here.

T&Cs apply, of course, and these are the most important ones:

  • First bet must be at least £10, at min odds of evens (2.0)
  • Moneybookers, Paypal, Neteller and Skrill deposits are ineligible payment methods
  • Qualifying bet must settle within 14 days of registration
  • Virtual sports and multiples bets are ineligible for qualifying wager
  • Free bet stakes must be used within seven days

If you’re looking for a nice, simple welcome offer to kick off your Betdaq sports betting, this is a great choice. The wagering requirements are fair, and the value is indisputable, effectively doubling your spending power (if you simply wager £10) from the beginning.

Up to £1,000 Cashback – Betdaq Promo Code DAQBACK

Commissions are a fact of life on betting exchanges. With this offer, though, you’ll actually get all your Betdaq commission returned to you for your first month on Betdaq, up to a mighty £1,000.

The value of this offer is pretty obvious, and none of the full terms and conditions detract from that appeal:

  • Qualifying period = 30 days from the date of registration
  • Commissions returned as cash
  • Maximum cashback amount = £1,000. Minimum amount = £1

This is easily one of the most exciting exchange welcome offers out there right now. If you’re a regular exchange bettor, or you like to use relatively big stakes on your wagers, this is basically a dream offer for you.

£10 Risk-Free Bet (Virtuals) – Betdaq Promo Code V1010

Virtual sports have become increasingly popular to bet on, but promotions for them are still relatively rare. Betdaq goes against this trend, by providing a dedicated welcome offer for this betting niche. While advertised as being ‘Bet £10, Get £10’, this is really a risk-free bet. If your first wager of £10 or more on virtuals wins, you keep the winnings as normal. If it loses, you get a free bet of up to £10.

A few T&Cs apply, as you would expect:

  • Qualifying exchange bet must be at least £10, at odds of evens (2.0) or greater
  • Exchange virtuals only (sportsbook virtuals are ineligible)
  • Free bet expires seven days after being awarded
  • Free bet must be used at odds of 1/2 (1.50) or greater

Risk-free bets are one of the best promotion types out there, almost offering you a ‘free hit’ with your first bet. If virtual sports are your thing, therefore, this Betdaq sign up offer is a perfect option.

Betdaq Free Bets

Free bets are another thing which you’re more likely to come across from bookmakers than betting exchanges. Once again, though, Betdaq has flipped the script here, giving you multiple ways to claim these valuable prizes. The one drawback is that only new customers are able to get free bets on the Betdaq exchange. They can do so by using a Betdaq promo code for either the Bet £10, Get £10 or £10 Risk-Free Bet deals, as discussed above. Existing customers currently have no way to receive a Betdaq free bet, but we’ll update this page if and when the situation changes.

Betdaq Promotions

Betdaq’s range of welcome offers might be the best of any betting exchange right now. When it comes to ongoing promotions, however, things admittedly take a step backwards. Aside from having 0% commission on certain markets – which could definitely be counted as an ongoing promotion – there’s only one other deal for Betdaq punters right now.

Super Saturday

The 0% commission rate on certain markets is arguably Betdaq’s biggest claim to fame. On Saturdays, this is no longer the case.

The Super Saturday deal fully unlocks commission-free betting for Betdaq users. Every single sport – crucially including both Premier League football and horse racing (across the UK and Ireland) – can be bet on, without incurring a single penny of commissions. In fact, the only real exceptions are virtual sports, and ante-post racing bets. Everything else is fair game, with no Betdaq promo code – or any other opt-in – required.

Other Popular Betting Promotions This Month

As you can see above, Betdaq is a little thin on the ground when it comes to ongoing promotions. This needn’t slow down your betting, though. There are dozens of great deals and promotional codes available from other UK betting sites at the time of writing, and we’ve curated some of the very best for you below.

Summary

Betdaq truly shines in its determination to attract new punters. Having three separate sign up offers for newcomers to choose between is simply outstanding. Better still, each of the three offers caters to a different audience. They’re also kept easy to understand, and are simple to execute with the help of a Betdaq promo code.

For long-term customers, the obvious attraction here is the low commissions, with 0% available on certain markets. On Super Saturdays, this is taken to a whole new level. Being able to bet on every sport on the platform, without paying any commission, and without needing a Betdaq promo code, is one of the best promotions out there among betting exchanges right now.

FAQs

Can I use a debit card for a cashout on Betdaq?

Yes. You can make payments and withdrawals via debit card, bank transfer, PayPal, Neteller, and Skrill.

Is there a Betdaq promo code available right now?

Yes. There are actually three separate ones available for new customers, each of which nets you a different welcome bonus.

Is there a Betdaq casino bonus?

No. There is no casino bonus available at the time of writing.

What are the commission rates on Betdaq?

2% on football, cricket, and horse and greyhound racing. 0% on all other sports.

Is there a Betdaq app available?

Yes. There are separate apps for both iOS and Android users, available from the App Store and Google Play respectively.

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About Joe Halliday

Joe is a highly-experienced writer, with a focus on sports betting content. His specialties include sportsbook reviews and betting tips. A keen football fan, he also loves analysing and writing about the beautiful game.