Guide on how to use the Betdaq Exchange
Welcome to our SBAT guide on how to use the Betdaq exchange. If you have used an exchange to bet with before then Betdaq works in the same way, if you haven’t then you should read our guide to using betting exchanges which can be found here. If you haven’t already you can get 0% commission for one month when you sign up for the first time.
How to use the Betdaq Exchange
The Betdaq exchange looks the same as most other betting sites; you need to make sure that you are in the right area on Betdaq. In the top left of the screen, you will see the tab that says exchange, if you click this you will be in the right place. Once you are in the exchange section, then you can back and lay your bets as you would using any other betting exchange. A full list of sports that are available to bet on are listed down the left-hand side of the screen. In the same way as Betfair, your back and lay options are clearly in different colours, with your back bet in orange and your lay bet in green. Underneath the odds, you will be able to see how much money is in the market.
Once you have found a market that you would like to either back or lay, then all you need to do is click on the odds. Once you have done this, then your bet will appear on the bet slip, in the top right-hand side of the screen. As you can see by the picture both the odds and stake box are blank. Now you can either enter the odds that are being displayed at the time if you are happy with them, or you can enter the odd you would like to take. If you enter the odds you would like to take; there are no guarantees that your bet will be matched by anyone. Now you can enter your stake in the stake box, next to this it should now tell you how much profit you will make if your bet wins. If you are happy, then you can go ahead and place your bet.
If you are laying a bet then it will look slightly different, you will still need to enter the odds that you wish to take. Now in the stake box, you are entering the amount you would like to win from this bet, now your liability will show next to it. You will need to have enough money in your account to cover the liability if you wish to place your bet.
We would only recommend using the betting exchange if you are an experienced gambler.
Betdaq Best Odds
One reason that the betting exchanges are very popular, is that you can get much better odds that on sportsbooks gambling sites. By getting better, you can increase your profit considerably over a few bets, so by using the betting exchanges like the Betdaq exchange will be more profitable in the long run. However that does work the other way with betting exchanges, you could also lose more money if your bets aren’t winning. If you are looking for a chance to test the Betdaq exchange then try our bet of the day page, our expert tipsters proved all their best tips daily for you.
The Betdaq exchange is the same as all the other betting exchanges, as in you will have to play commission on any winnings. With the Betdaq welcome offer you won’t have to pay any commission for the first month, but after that, you will have to pay 5% on any winnings. This is how betting exchanges make their money.So if you won £100 Betdaq exchange would take 5% which is £5 so you would end up with £95. Most betting exchanges do reward loyal customers, after you have bet so much they will do lower commission offers for you, but you will need to check the T&Cs. There is no getting around paying commission on the betting exchanges; it’s just trying to get the best rate, this is something that the Betdaq exchange is good for.
Betdaq Free Bet
The Betdaq free bet isn’t a free bet as we know it, as you are using a betting exchange and betting against other people it would be impossible to give you a free bet. So instead Betdaw are giving you a month of no commission for all new customers, so you get 100% of any winning instead of Betdaq taking their 5%. This is a great welcome offer and well worth taking advantage of right now.