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20th May 2018, 12:19 AM
#1
Change Your Exchange?
I have used Betfair for years but there is now (at last) competition!!
Betdaq is 2% for every market and Matchbook is 0% for horses.
Liquidity is finally there too...(which was always the problem with exchanges other than Betfair)
Last edited by harry; 20th May 2018 at 12:20 AM.
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20th May 2018, 3:23 PM
#2
Senior Member
Just found this................BETDAQ currently take 5% of the profits from a winning bet, but this can fall as low as 2% depending on the volume of wagers that you make.
So which is true?
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20th May 2018, 3:37 PM
#3
Pleased if liquidity is now there, be good to have a genuine alternative to the 'like it or lump it' outfit
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20th May 2018, 4:51 PM
#4
Senior Member
Unless you are betting in thousands there plenty to be had...watching both today there's usually about half as much as Betfair
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20th May 2018, 7:14 PM
#5
2% Tanlic on winning bets....its their headline banner.
They also do a good offer (opt in with code ITVSUM) for the casual racing punter on all ITV racing through the summer where you can earn a 20% boost on winnings as a freebet (max £20) daily on ITV races.
I swapped all my football bets to Betdaq at 2% from Betfair, where I am paying nearly 5%
Horses are Matchbook.......0%
Like I say, liquidity is much better than before, hence why I'm using them!
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20th May 2018, 9:30 PM
#6
I've been trading (to varying degrees of success!) on Betdaq since last December and it's perfectly possible to trade on there.
Slightly off-topic but I'm very interested to see how ventures like Bookie take off in the coming months - I suspect that in a few years time, Betfair will no longer have the monopoly on horse racing trading.
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