Betdaq Bonus 2020 – All the info for Sign Up Offer & Welcome Bonus
Last updated & tested: 2020-04-25
Betdaq differs from the usual bookmaker in that it is a betting exchange. Although now owned by Ladbrokes International PLC it was set up by Irish businessman Dermot Desmond in 2000 so has been around for a while. As part of the Ladbrokes stable, you know you are in safe hands because it is a well-known high street brand. Ladbrokes International is licensed by the Government of Gibraltar and regulated by the Gibraltar Gambling Commissioner while all bets by customers with accounts registered in Great Britain are also regulated by the British Gambling Commission in accordance with the licence held by Ladbrokes Betting & Gaming Ltd.
At Betdaq you will find top sports like football, horse and greyhound racing as well as niche sports such as Gaelic football or MMA. You can bet on politics or virtual sports as well as play casino games. As it is a betting exchange, there are no fixed odds but instead gamblers bet against one another. Betdaq takes a commission on winning bets and this amount can vary. If you are knowledgeable about a particular sport or you’re a professional pundit, Betdaq is the ideal fit. There’s a lot of information on the site, betting tips, different betting strategies and downloadable trading apps to make it easier to bet.
Below you’ll find the Betdaq deposit bonus terms explained in full. To find out more about Betdaq read Betdaq Bookmaker Review.
Betdaq Bonus details:
The Betdaq deposit bonusBetdaq sign up bonus offers free bets or cashback on commission
There are two Betdaq bonuses for new customers and two promos to entice customers to play virtual sports or games. For new bettors signing up, there is the choice of getting £10 in free bets or getting your first month’s commission refunded up to £1,000. Obviously the second will be of more interest to professionals if they are going to be gambling regularly and are confident they can win. Betdaq is not short of other offers with daily promos to interest punters but where does it stand in the best free bets offers and what do you need to qualify?
How to claim the Betdaq Bonus:
- Up to £10 in free bets available
- Get a commission cashback up to £1,000
- Use Betdaq promo codes to qualify
- Casino gaming promotions
- Bonuses for big sporting events
- Best odds guaranteed for horse racing
Making your first deposit with Betdaq:Are free bets given with the Betdaq bonus?
Depositing money into your Betdaq account is simple. Head to the deposits section of your betslip to get started. You can make a deposit using Visa, MasterCard, PayPal, Neteller or Skrill. Choose your deposit method carefully, because all of your withdrawals will be processed using this same payment method. In order to make successful deposits, the account information on your credit card, debit card, or e-wallet payment method must have the same information as you Betdaq account information. If the two account names and information do not match up, transactions will not be processed. The minimum deposit amount is £10. This applies to all of the aforementioned payment methods. Betdaq commits to notify their customers about any additional transaction fees. Customers will not be charged these fees without being advised first. Always check with your bank provider and ask what kinds of fees you will be charged for deposits and withdrawals to Betdaq. The amount of the fees depend on your bank and they may not warn you ahead of time unless you ask.
Withdrawing your winnings:How to cash out with Betdaq
You can use all the same payment options to deposit and withdraw. Remember that your withdrawal method will be the same as whichever deposit method you opt for when you register. There is no maximum withdrawal amount put in place by Betdaq. However, your payment provider may implement a withdrawal maximum. These maximums are subject to change, so be sure to check-in regularly with your providers. Staying in touch with your payment providers makes all the difference for a punter. If you don’t stay informed, you could end up paying tons of money in fees that you’re not even aware of. Don’t assume that operators or providers will notify you when fees or policies change. Instead, make it a habit to call your providers updating them on which sites you’re using. This way you can avoid as many fees as possible and concentrate on playing!
Detailed Current Betdaq Promo & Sign Up Bonus: Everything you need to know about the Betdaq bonus
Unless you are a big hitter, the Betdaq sign up bonus of a free bet will be of more interest than getting your commission back. Here you’ll find the Betdaq deposit bonus explained clearly, so that you can make the most of the offer. Sign up and enter the Betdaq bonus codes required. For the bonus £10 free bet, enter Betdaq promo code BDQ10. Now you just have to bet £10 on the exchange at odds of 2.00 or more, and then you’ll get £10 in extra betting funds. Bear in mind that you can’t withdraw this bonus, and the extra bets last for just seven days.
For frequent and professional bettors, the welcome offer that gives you a refund on your commission for the first month at the site may appeal more. If this is of interest, you will need to enter the Betdaq bonus code DAQBACK when you sign up.
There is a minimum refund of £10 and a maximum of £1,000. It applies to commissions paid in the 30 days after the account is opened and the usual commission rate will apply after this. The interesting thing is that betting on virtual sports will count as qualifying bets. Certainly big-time gamblers and those who win more than they lose will do well to look into this offer.
Betdaq also has a couple of incentives for customers to try different areas of the sportsbook such as Betdaq games and virtual sports. When you register your first real money bet you can get a £30 bonus if you stake £10 on Betdaq games. If you place your first £10 bet on Betdaq virtuals and it loses, you will get a £10 free bet. Terms and conditions apply, 18+.
Our Verdict of Betdaq:The Betdaq Bonus
The Betdaq free bets bonus is not the greatest incentive to sign up and you do need to spend at least £10 to get £10 for free. It is still money for nothing and so worth joining Betdaq if you feel you will use the site a lot. There are plenty of reasons to keep coming back including the comprehensive in-play, tips and games to play. Serious or seasoned gamblers will appreciate the professional feel to the site and it is probably more up their street than some of the high street brands, which like to inject a bit of fun into their sites. Betdaq says it is serious about sport and it’s not kidding! There are many sports to bet or trade on which should keep most punters satisfied.
Once you have joined, there are other promotions to keep you interested so, all in all, we think that Betdaq is a secure site for the professionals with the deposit bonus being an additional incentive but not the main reason to join. It is easy to find the Betdaq new customer offer and you just use the Betdaq deposit bonus code when you register to qualify.
As always, we recommend you read the Betdaq deposit & withdrawal terms and conditions to make sure you don’t miss out on free cash or money back via commission. The commission cashback up to £1,000 is a serious sum but will only be achievable if you bet a lot of money regularly. It will interest professionals, particularly if they are using Betdaq for matched bets laid with other bookmakers. To take full advantage of this particular offer, it is advisable to work out your winnings in the past three months to see how much commission you would have had to pay if you were a Betdaq client.
Overall, this is an impressive exchange with in-play and live streaming as well as the Betdaq app so you can take advantage of your free bets from anywhere. Certainly we would recommend you take a look at Betdaq or read our Betdaq review to see how it stacks up to the best online bookmakers.
5 expert tips for the Betdaq deposit bonusLearn from the pros
As well as following the Betdaq deposit bonus terms explained in detail above, here are some top tips to make the most of your bonus.
1.Put the free bet on matched betting:
Using your Betdaq sign up bonus on matched betting should increase your chances of making a profit. You will need to shop around to find the best sign up offers. As Betdaq will not give the free bet initially – you need to get four points first – then you may make a loss on your qualifying bet but can then win it back with the free bet. Simply place your normal bet, which could be a 2/1 win for Manchester City, and then use your free bet to cover the draw or a defeat. If you don’t like taking risks and want to recuperate your money, this is a good way to make a small profit from your free bet. The trick is to cash out rather than roll over the winnings if you are allowed to cash in your free bets.
If possible go for a double bet with your free wager. It’s the simplest of the accumulators and gives better chances of winning than lengthier accumulators while offering greater returns than a single bet. The two sets of odds are multiplied by each other so you can back favourites with smaller odds and still win decent money. However if either selection or both of them lose, the money is lost, so you need to think strategically.
3.Think of it as a bonus:
At the other extreme, instead of trying to win more money from a free bet, you could go wild. Why not go for a long accumulator or back a horse at ridiculous odds? These have been known to come in and so you could win some serious cash from your initial £10. Say you had a four-fold football accumulator with odds of 1.5, 1.4, 3 and 5 – so a couple of certs with a couple of slightly riskier outcomes but nothing extraordinary. If your £10 bet came in you would get £10 x 1.5 x 1.4 x 3 x 5 = £315, which is a tidy sum.
4.Go large with the free bet:
Another similar option is to use the qualifying bets on a fairly safe match or race with the lowest odds possible to qualify. Then once you have been awarded the free bet, you can try a riskier bet with higher odds. With the paid-for bets, you should be on steady ground with lots of small wins coupled with the occasional loss because you are sticking to low odds. You will lose at times but then there is the free bet to carry you through the sticky patches. The free bet can be used on something at longer betting odds to give a greater chance of a big win.
5.Experiment with your bets:
Sometimes it is a good idea to get out of your comfort zone and try something new. This is particularly appealing when it is not your money that you are using, so there is nothing to lose and everything to gain. For football fans, instead of betting win, draw, lose or an accumulator, why not try Asian handicap betting? Once you get the hang of it, it does have advantages because you are basically eliminating the draw – which is how many games end up! If you think it through to work out the best handicap for the result you predict, you have a good chance of making money.