Getting the most from the Betdaq free bet – Our guide to the Betdaq free bet offer

Last Updated on 07/07/2020

Since launching back in 2000, Betdaq has been making waves in the online gaming industry. As a betting exchange platform, it differentiates itself from most other operators, as instead of betting against the bookmaker, Betdaq customers can come together to bet against each other on a range of sports and virtuals offerings. This fresh spin on online gambling has garnered them plenty of attention, with the company growing to become the UK’s second biggest online betting exchange company. It’s therefore little wonder that so many people want to know just what Betdaq free bet promotions are available to them to help make their money platform stretch even further on this betting exchange platform.

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All about the Betdaq free bet

When deciding which betting sites are worth your while, a good promotion isn’t just about the bookmaker offering you something additional to make your betting experience more enjoyable, or even about enticing you in with some generous extras. Betting sites should feature some promotions which allow you to get a real taste of the site without having to spend too much of your own money.

Now, the Betdaq free bet offer we are looking at does require you to bet £10 in order to receive your £10 bonus bet, so it is not ideal in this regard. There is no Betdaq free bet which allows you to earn an additional freebie bet without an initial stake. However, if we’re being realistic, in order for a site to offer something of worth, there does pretty much always need to be some kind of initial bet or deposit on your part.

Betdaq Sport Bonusbanner Cashback

What this Betdaq free bet offer does is essentially give you a second chance at winning on virtual bets. So, if you bet £10 and your bet loses, you will get another £10 to bet with, without any nasty wagering requirements. There are other restrictions, which we will discuss shortly, but in essence, this allows you to go two for one in your winning chances.

In a sense then, calling it a Betdaq free bet isn’t completely accurate: it’s more of a second chance bet. However, as we’ve said, getting something for nothing is never quite as simple as that, but this is a good example of a promotion that gets pretty close to being an unequivocal bonus and an ideal way to dip your toes into a different type of betting site if you are a newcomer.
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How you can get the Betdaq free bet

  1. To learn how to use free bets with Betdaq, start by registering with Betdaq using the ‘Join Now’ button at the top right hand of the screen.
  2. Enter the Betdaq promo code ‘2018 V1010’ before placing your first Virtual Sports bet.
  3. Stake the required amount (£10) on a virtual bet which fulfils the required criteria covered in the next section.
  4. If your bet loses, your Betdaq free bet will be credited within 72 hours of the staking requirement being met.

Getting your head around the terms and conditions of the Betdaq free bet offer

When it comes to understanding how to use free bets on Betdaq, it is much easier than on many other betting sites. To get the Betdaq free bet, there are, however, some things to keep in mind.

Firstly, the £10 bet must be placed with minimum single odds of 2.0, and it must be settled within the promotional period. This promotional period, at the time of writing, is throughout the full year of 2018, beginning on 1st January and ending on the 31st December. Whether or not this promotion will renew in 2020 remains to be seen. Betdaq have changed promotions before, as evidenced by the since scrapped Betdaq 25 free bet offer.

Not only that but the type of bet you choose makes a difference, as only Win or Place Single real money bets will count towards the staking requirement of £10. If a stake becomes void for whatever reason, it will not count towards the staking requirement. If you cash out before the staking requirement is completed, that will also end your entitlement to the bonus bet, and qualifying bets must also be placed at odds of at least 1.5.

This all covers, for the most part, how to ensure you receive your bonus. However, there are restrictions once the bonus bet has been received. One of the most important examples is the seven day limit on your ability to use it. Once this time period has expired, your bonus expires with it.

Secondly, the extra bet itself cannot be redeemed at any time: the bonus here only counts in terms of winnings. This means that your bonus bet – the £10 stake – is not counted in any winnings, only the profit from the bet is. So, if you bet £10 and won £15 from that, only the £15 would be counted as the total amount, not £25, as would be the case if you bet with £10 of your own money.

The bonus bet also must be redeemed in full and can be done so on Win, Place Back and Lay Bets. These bonuses are only for virtual sports and do not count towards other promotions, and your extra bet will be voided in the case of the bet itself being voided for whatever reason. Additional general terms and conditions also do apply.

This may seem like a lot but in reality, it’s a very straightforward promotion. Just ensure you keep these terms and conditions in mind to avoid disappointment.

The benefit of free bets

Many people are very cynical when it comes to any kind of promotion, and a healthy degree of scepticism is warranted for many betting sites. That being said, bonus bets often do give you tangible advantages that can see you enjoy more opportunities to win more cash.

Why bookmakers offer free bets

The issue with this type of bonus is that what actually constitutes as ‘free’ seems to differ depending on whatever site you are talking about. Further confusing matters is the fact that many promotions that claim to give away bets for free in fact have high wagering requirements. However, what usually separates bonus bets from other promotions is that they tend to have no wagering requirements at all, or a much smaller set of requirements. Ultimately, bonus bets are really just a label for a type of promotion. So, why do betting sites offer such promotions?

Well, in general, promotions are there to entice customers to choose their product over another, little different to how supermarket deals operate. A bookmaker offers that little something extra in order to get you to spend money with them. In fact, this particular bonus is a good example of that, as it almost operates as a two for one bet if you lose, without the original bonus stake.

The reason for choosing bonus bets, as opposed to other promotions – assuming they lack heavy wagering requirements – is to have a promotion that is not only useful to people who spend less but also offers a good deal at a low enough price to get new and potential customers to try their website in the first place. The real value of an extra bet for a betting site, therefore, isn’t in the people spending the staking requirement, but the many customers who will stick around on the site and spend a lot more after that.

Getting to grips with the free bets small print

Different bookmakers have different rules regarding their bonus bet offers. These rules govern their policies on everything from how much you need to deposit and bet to qualify for the offer, to how long you have to use your bonus bets. When you’ve been to a few bookmakers, checked bettingtips.net for offers and used a few of the best, you may start to think you know how these things work, but don’t let that trick you into thinking you can skip the terms and conditions – you can’t. Ever.

Most websites are pretty straightforward when it comes to terms and conditions. There’s usually a promotional page and from there, the information will be included or provided via a link. Once you’ve found the terms and conditions, it’s a simple case of getting to grips with the information.

While these are often convoluted to ensure that every possibility is covered, the important parts tend to be easy enough to understand and those which aren’t can usually be clarified through the customer service team. Finding out about things like wagering requirements, minimum odds, time restrictions, etc. should be a top priority before you take advantage of any promotion.

Discovering the best free bets around

The terms and conditions really are what matters when it comes to finding good bonus bet deals. It’s vitally important not to just look at a bonus and base its quality on how high the return is, because what matters is how much you have to spend in relation to that return.

If a promotion says that you can get £500 as a bonus, for example, you may need to spend several thousands of pounds to ever see that amount. If you would never spend that amount of money in the first place, then such a promotion is as good as useless to you. Usually, such a promotion wouldn’t be labelled as ‘free’’, however, rather a welcome bonus or something like that, but as we’ve mentioned, what a bonus bet is appears to be open to interpretation by the bookmakers.

Other important terms include those we’ve already mentioned, along with other things such as geographical restrictions. Finally, there’s also what matters to you personally. For example, if there’s a great bonus bet but it is only available on tennis and you have no interest in tennis, that would also make it a less valuable offer than it might seem to others. So, a mix of subjective interest and objective mathematics is the best way to discover the best bonus bets around.

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Our previous point about personal preferences making the value of a bonus more subjective than they might initially appear is particularly relevant here. That’s because ultimately, this is a very good deal. It is about as close to getting something for nothing as you’re likely to come across, thanks to the lack of wagering requirements. And, while there are restrictions, they are both easy to understand and stick to, meaning making real money from this promotion is a distinct possibility. It gives you a second chance on a failed bet, with actual cash to be won.

We suppose that you could criticise it because £10 isn’t the largest bonus amount ever, but as we’ve said, this is about quality, not quantity, and for most ordinary users of the site, that’s more than worthwhile. Plus, there’s other options available for bigger spenders.

The only real downside to this bonus is that it is restricted to virtual sports, and if that is simply something you’re not interested in, then regardless of the quality of what’s on offer, this no doubt loses its luster. However, for those who do enjoy virtuals betting, this is pretty much a no-brainer. A high quality, if limited, bonus.

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Why you should consider signing up to Betdaq

What makes Betdaq stand out as a bookmaker

We’ve already briefly discussed what is available from Betdaq: its key selling point is its Exchange section, where customers can bet against each other’s predictions rather than the predictions of a bookmaker. This allows them to enjoy a more fluid, natural set of odds. In this instance, Betdaq acts like more of a middleman, providing a betting exchange that is dictated by the ebb and flow of the market, rather than the odds gatekeeper.

This unique trait doesn’t, however, change the core basics of what’s on offer here, and that’s the ability to bet on a large number of sports. That being said, Betdaq does have a distinct focus on horse racing. Other betting options include multiples and in sports pools. On top of this, there’s also a casino and, of course, as we’ve mentioned, a virtuals sports section too. Betdaq is far from a one-trick pony, pardon the pun.

Other promotions are also available here with higher bonuses on offer. Of course, terms and conditions apply. With a variety of promotions to pick from, this means that if someone doesn’t consider a £10 virtuals bet a significant enough bonus, there’s more available to them if they’re planning on spending significantly more money. Also, keep in mind that promotions change. Their previous Betdaq 25 free bet was removed and replaced with new deals, so more developments are likely on their way.

The operator has already proven their commitment to moving forward with the Betdaq App and Betdaq Mobile. So, with that in mind, what we would say really makes Betdaq stand out as a bookmaker is a mixture of uniqueness and variety.

Register at Betdaq today

If you’re yet to sign up to Betdaq and are looking for a reason to, one other promotional offering is the ‘Bet £10, get £30’ offer for their casino, giving you one more reason to try them out.

Registering couldn’t be simpler. All you need to do is click on the ‘Join Now’ button, which can be found at the top right-hand corner of the screen on any page of the site. From here, it’s a simple case of filling in a registration form, including your bank details, and depositing money before you are ready to start playing. It’s easy to do and with promotions like this, there’s plenty of advantages for newcomers.

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