As a top exchange across the world, it’s no surprise that some of the most popular sports globally including football, boxing, tennis, cricket, golf and horse racing can all be found on Betdaq. There are also some more niche sports such as American Football, Ice Hockey, F1, esports, and much more! The most popular markets offered are of course Asian Handicap and you will find many of the top leagues in football are matched with equally top odds and quick bet settlements. How crazy is that!
Betdaq Exchange Explained
Traditional bookmakers build their profits by setting odds that work in their favor. This is where betting exchanges shift the game. Instead of wagering against a bookmaker, you’re betting against other players. It’s a peer-to-peer betting ecosystem where the middleman’s cut—often referred to as the vig—is removed. With a betting exchange, you take full control. You set the terms. You decide the odds. If another bettor agrees to your conditions, the wager is on. No inflated margins. No hidden percentages. Just raw, market-driven betting.
Of course, exchanges still need a revenue stream. Enter commission. Betting exchanges charge a small fee for facilitating the trade, but the numbers speak for themselves—lower costs, better odds, and a transparent structure that works in favor of the bettor.
Take Betdaq, for example. They charge a 3% commission, and only on winning bets. That means if you place a wager and lose, there’s no fee. If you win, you pay just a fraction of your earnings. Compare that to the margin built into traditional sportsbooks, and it’s clear where the advantage lies.
Betdaq processes over £75 million in wagers weekly—amounting to more than $7 billion annually. Over the years, Betdaq has made its mark on the industry, sponsoring high-profile sports teams like Sunderland AFC during the 2018-19 season.
Dermot Desmond, BETDAQ’s Founder
The story of Betdaq began in 2000 when the company was founded by the Irish businessman Dermot Desmond. The company is based in Gibraltar and it soon became one of the leading exchanges in the world. In addition to a betting exchange, Betdaq is also a provider of technology used by other betting exchanges.
Already a successful businessman at the time of launching the company, Desmond had started in banking and finance, working for worldwide companies. From there, he developed the company and wrestled market share from Betfair to bring them in line as close competitors.
And despite being behind Betfair in the market as a Betting Exchange, Desmond made the company a frontrunner in exchange betting technology in the world, selling their tech to exchanges worldwide. It’s a side of the business that matches more than £75million in bets for partner companies every week – that’s around £7 billion per year.
Desmond sold Betdaq to Ladbrokes in 2013 for €30 million. Although he undoubtedly had high hopes for the acquisition, the firm failed to provide real competition to industry leader Betfair. Entain took over when they bought Ladbrokes in 2018, before selling the betting exchange back to Desmond in 2021. He has owned the brand again ever since.
Accumulators on Betdaq Exchange
Originally, accumulators weren’t available on Betting Exchanges. BETDAQ, however, led the way and introduced them due to their popularity in standard sportsbooks.
BETDAQ supports up to seven selections in any Multiple Bet, so your choice ranges from a double right up to a seven-fold accumulator. The selections aren’t restricted to one sport either. Your multiple could comprise of selections from horse races and football matches, should you wish.
They also support full cover bet types such as Trixie, Yankee and Super Yankee. In these combinations, each of the bets is settled separately. Please note, however, that you can only back accumulators, and not lay them.
Trading Betdaq with MadMarket
Enter Edge – a trading platform that connects punters to multiple bookmakers and exchanges, including Betdaq. But, what sets the Edge Sports Trading Platform apart?
It is built for those who refuse to be boxed in by a single option, providing direct access to the world’s leading Asian bookmakers and multiple exchanges including Betdaq. This ensures that bettors can shop for the best odds and highest limits all from one streamlined interface.
A single login with access to thousands of markets. And if one exchange doesn’t offer the odds or event you’re looking for, another bookmaker on the platform might. Edge eliminates the limitations of standalone exchanges by integrating them into one place. As the name says, it gives users a true betting edge.
For bettors who crave variety, liquidity, and the power to optimize every bet, Betdaq within the Edge platform delivers. It’s one of the largest betting exchanges in the world, meaning more events, deeper markets, and opportunities beyond the conventional sportsbook experience.
The knock against exchanges has always been selection. Traditional sportsbooks offer a broader array of betting options, but Edge bridges that gap. If a specific market isn’t available on an exchange, you can likely find it through one of the many integrated bookmakers. No compromises. Just access to the best possible opportunities in sports betting.
This is betting redefined. This is Edge.
Can BETDAQ Challenge Betfair?
Betdaq has the best betting exchange commission structure. It’s much simpler and has a flat rate of 2% to all customers. Betdaq is the considerably smaller player of the two and this is their USP over Betfair. Both firms offer zero-commission specials which are worth looking out for. Usually on some of the higher-profile sporting events.
A significant advantage that exchanges have over bookmakers is that no one gets restricted. Bookmakers manage their liabilities by either restricting or closing winning customers’ accounts. The betting exchange model thrives on turnover as they take a percentage of winnings in commission. The greater the turnover the greater commission they take, winning customers are welcome at betting exchanges.
