The Betdaq bonus works differently to your average bookmaker, as they are a betting exchange. A betting exchange is where you are able to bet against your fellow punters while setting your own agreed upon odds for a sporting event. That being said, you will need to have bet with the site for at least a month before you are able to claim the commissions charged on your bets back as cash. The maximum you can receive in this regard is £1000.
There are a hanful of different details to keep in mind before you jump right into using Betdaq as your preferred betting exchange. Take a look at what the rest of our review of their cashback bonus has to say!
- Sign up for an account at Betdaq, and use the Betdaq promo code WC2018.
- Bet for a month at the site.
- At the end of your first month, you will receive all the commission charged on your bets back as cash.
- The maximum amount you can receive via the cashback offer is £1000.
To claim the new customer welcome bonus at Betdaq, you need to use the Betdaq promo code WC2018 when signing up for an account. Using this Betdaq sign up code entitles you to claim back all the commission charged on your first month’s betting as cash. The maximum amount of bonus that can be claimed as cashback is £1000. Betdaq charges a 2% commission on all net winnings claimed by its customers. In order to claim the full £1000 back, you therefore need to have placed a significant amount of winning bets in your first month.
The bonus can be claimed by any UK customer of Betdaq who is of legal gambling age who has not previously accepted a bonus offer from the company. The promotion is not available to RDT or API customers, though, so you need to check whether or not that applies to you. You should use the Betdaq contact form, live chat or the telephone to check with customer services if you are in any doubt of this aspect of the offer’s terms and conditions.
A Potentially Valuable Bonus
When the bonus is paid to you, it is credited to the cash balance section of your account. You should be able to access the funds within 72 hours of your bonus payment being confirmed. This is very quick, and is another very positive aspect of this welcome bonus.
Overall, the bonus is potentially quite lucrative, especially if you are a keen bettor. It is easily understandable, with very simple terms and conditions. The Betdaq bonus code you need to claim the offer is clearly provided on the excellent promotions page on the website. The bonus certainly offers a good enticement for customers to join Betdaq. It is also a novel bonus, and significantly different from just offering new customers a Betdaq free bet or similar, in the way that many other bookies do.
Other Bonus on Offer
In addition to the cashback bonus, there are other promotional offers in place at Betdaq. Former Republic of Ireland footballer Tony Cascarino is the face of a profits boost bonus, where he nominates a football match each week where profits boosts are in place for bets. You can also claim a £10 extra bet for using on virtual sports, if your first bet on virtual sports loses. Other offers provide you with extra bets for wagering using multiples in midweek. Seasonal promotions, related to events like the World Cup, are also available at certain times of the year.
If you are a newcomer to sports betting that it can be easy to make mistakes. We have all done it, and it is nothing to be ashamed of. Here are three basic errors that you should avoid making, if you want to keep your betting enjoyable and successful.
Don’t Bet on Sports You Don’t Know
So you have clicked on the Betdaq join now tab and opened your account, and now you are keen to place your first bet. You see odds of 50/1 being offered on a darts market. Darts is a sport that you have never watched in your life, ever. But the odds tempt, and you waste your first bet on a darts match, because you have no knowledge of the sport. Betting like this is not betting, it is guessing, and it usually means that you waste bonus bets and lose money.
Only bet on sports that you know well. It minimises the chances of placing silly, wasteful bets. It also helps to keep your research focused.
Never Fail to Prepare and Plan your Bets Properly
As with anything in life, preparation and planning improve your chances of success when it comes to betting. Doing your research and placing bets based on that research is sure to boost your chances of collecting more winnings from bets. If you focus on two or three sports, and keep as up-to-date as possible with all the news and gossip in those sports, then you will find that you place more winning bets.
Successful sports punters always make use of every scrap of information that they pick up. Injuries to players, dressing room dissention, or, in sports like tennis and cricket, the weather and surface conditions are all important variables in sporting contests. The more you know, the more likely you are to predict the outcome, so always do your research before betting.
Don’t Get Greedy and Start Chasing Losses
Betting big on long odds options is a mistake made by many newcomers to sports betting. If you do this too often, you can soon find yourself ‘chasing your losses’. This is where you get trapped in a cycle of placing ever bigger bets on ever longer odds selections, and, as each one loses, the temptation to bet bigger the next time grows. This is a huge mistake. This is the kind of situation where compulsive gambling develops, and you can soon find your bank account being drained. Betting then becomes no fun at all, and starts to feel like a trap. You must ensure that you avoid this situation at all costs, even if you have a Betdaq voucher for a bonus bet or similar up your sleeve.
The best way to avoid this kind of situation is to not get greedy. Always remember that betting is a fun, recreational activity. You are not going to become an overnight millionaire, or solve all the financial problems in your life. To keep it fun, place a lot of small bets instead of one or two big bets. Small, carefully chosen bets will bring you more wins, which is, after all, what the fun of betting is about. It is not about risking your livelihood and family life on a big bet coming in. Never get greedy, and keep your betting fun!
Customers who bet a lot using the betting exchange at Betdaq in their first month of having an account can receive a pretty substantial amount of cash back. The more you bet, the more commission you can claim back. With a maximum of a £1000 on offer, the bonus certainly has plenty of potential appeal. You do not get a Betdaq voucher for an extra bet, but you can claim a potentially large amount of money back as a result of the bonus.
The bonus is also easy to understand, and there are no restrictive or tricky to understand wagering requirements attached to it. This can often be a very negative feature of bonuses, especially those that match your first deposit. In contrast to those bonuses, the Betdaq bonus is paid to you as part of your cash balance. This is a really positive thing.
The other bonuses at Betdaq improve the all-round service too. Being able to claim regular bonuses, in addition to the welcome bonus, means that you are more tempted to keep using Betdaq. These other bonuses also offer good value to customers.