Why Does BetDaq Stay In Business??

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  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #1
    Why Does BetDaq Stay In Business??


    Nice platform
    Although they cannot even dent betfair
    Volume piss poor other than some uk racing which is decent at best

    Now they got some spinoff book called 1bet???

    Give it up man..you are not growing at all
  • King Mayan
    SBR Posting Legend
    • 09-22-10
    • 21326

    #2
    Comment
    • Bcatswin
      SBR Posting Legend
      • 12-21-10
      • 13931

      #3
      Originally posted by jjgold


      Nice platform
      Although they cannot even dent betfair
      Volume piss poor other than some uk racing which is decent at best

      Now they got some spinoff book called 1bet???

      Give it up man..you are not growing at all
      jealous, angry or what?
      Comment
      • meckis
        SBR Sharp
        • 06-08-09
        • 438

        #4
        if not for smarkets and betdaq there would not be any competition for betfair and you are saying give it up? betdaq problem is that there play only sharps they need somehow attract mug punters but still it is possible to find some value there.
        Comment
        • wtf
          SBR Posting Legend
          • 08-22-08
          • 12983

          #5
          they are funded by one of the richest man in ireland

          know for a fact they are losing money every year
          Comment
          • Hareeba!
            BARRELED IN @ SBR!
            • 07-01-06
            • 37318

            #6
            Originally posted by meckis
            if not for smarkets and betdaq there would not be any competition for betfair and you are saying give it up? betdaq problem is that there play only sharps they need somehow attract mug punters but still it is possible to find some value there.
            Don't overlook Matchbook.
            Comment
            • brettels
              SBR MVP
              • 11-04-10
              • 3376

              #7
              Didn't you do this subject at most 6 months ago?
              Comment
              • jjgold
                SBR Aristocracy
                • 07-20-05
                • 388179

                #8
                Matchbook is 10x better than Betdaq

                There is zero comparison
                Comment
                • brettels
                  SBR MVP
                  • 11-04-10
                  • 3376

                  #9
                  No way, betdaq before matchbook for me! But I don't use either!
                  Comment
                  • faststeady
                    SBR High Roller
                    • 07-28-08
                    • 196

                    #10
                    its where the UK bookies balance there books
                    Comment
                    • jjgold
                      SBR Aristocracy
                      • 07-20-05
                      • 388179

                      #11
                      UK bookies do not balance their books there

                      Why??

                      Pools too low meaning pools would be higher
                      Comment
                      • wtf
                        SBR Posting Legend
                        • 08-22-08
                        • 12983

                        #12
                        i am convinced the BETDAQ SLIME arbitrage the real trades onto betfair

                        that is how they stay in business
                        Comment
                        • lukahh
                          SBR Wise Guy
                          • 04-08-10
                          • 941

                          #13
                          For major markets, i.e. premier league football and other major leagues, odds @ betdaq definitely beat betfair for regular low-mid volume user.
                          Comment
                          • Hareeba!
                            BARRELED IN @ SBR!
                            • 07-01-06
                            • 37318

                            #14
                            Originally posted by lukahh
                            For major markets, i.e. premier league football and other major leagues, odds @ betdaq definitely beat betfair for regular low-mid volume user.
                            As Betfair's EPL markets are generally as close to 100% as they can get I find it hard to figure how Betdaq can be beating them regularly other than on commission?
                            Comment
                            • jjgold
                              SBR Aristocracy
                              • 07-20-05
                              • 388179

                              #15
                              Originally posted by lukahh
                              For major markets, i.e. premier league football and other major leagues, odds @ betdaq definitely beat betfair for regular low-mid volume user.

                              Maybe but its a small volume shop and orders just cannot fill fast
                              Comment
                              • karolisdgs
                                SBR Rookie
                                • 08-17-11
                                • 7

                                #16
                                I dont know if they have any marketing team but if they have then they are doing terrible job. For example on cheltenham betfair had great promotions and betdaq did not offer anything. Also they could try something like no commision on weekend premier league games or smth like that, would be interesting to see how much volume it would attract and it would be great marketing. But it seems that bedaq does not give sh!t about anything.
                                Comment
                                • jjgold
                                  SBR Aristocracy
                                  • 07-20-05
                                  • 388179

                                  #17
                                  Betdaq seems to not to care

                                  A non player actually in the exchange market
                                  Comment
                                  • Ruifgalmeida
                                    SBR MVP
                                    • 04-23-08
                                    • 2024

                                    #18
                                    Betdaq are a good out for big markets, small markets are unexisting.
                                    Matchbook and Smarkets they dont put out the total matched bets which seems very shady.
                                    Comment
                                    • kiwi
                                      SBR Wise Guy
                                      • 08-11-05
                                      • 674

                                      #19
                                      Originally posted by Ruifgalmeida
                                      Betdaq are a good out for big markets, small markets are unexisting.
                                      Matchbook and Smarkets they dont put out the total matched bets which seems very shady.
                                      In my opinion the problem with Matchbook is that nearly never a (soccer) bet gets matched if you request higher odd than the offered ones (only if there is a strong odds movement in the market). They do have good odds but they are often very similar to Pinnacle's odds so that there is no real advantage of using them. The reason is probably that they seed the markets but apart from that there are not many bettors using them. I can only speak for soccer.
                                      Comment
                                      • jjgold
                                        SBR Aristocracy
                                        • 07-20-05
                                        • 388179

                                        #20
                                        Betdaq probably has more customers than matchbook

                                        Well no probably have 10x more
                                        Comment
                                        • allin1
                                          SBR MVP
                                          • 11-07-11
                                          • 4555

                                          #21
                                          Originally posted by kiwi
                                          They do have good odds but they are often very similar to Pinnacle's odds so that there is no real advantage of using them.
                                          Actually there is a real advantage if you like trading but to be fair you can do that at betfair...
                                          Comment
                                          • lukahh
                                            SBR Wise Guy
                                            • 04-08-10
                                            • 941

                                            #22
                                            Originally posted by Hareeba!
                                            As Betfair's EPL markets are generally as close to 100% as they can get I find it hard to figure how Betdaq can be beating them regularly other than on commission?
                                            commission counts for something. if someone pays around 4% or more on betfair (this is true for most people) and pays only 2.5% on Betdaq, they come off better in long term.

                                            major markets only though. if you use wider pallet of bets, you must use betfair.
                                            Comment
                                            • jjgold
                                              SBR Aristocracy
                                              • 07-20-05
                                              • 388179

                                              #23
                                              What does betdaq average on a premier league game?

                                              Match odds?
                                              Comment
                                              • kiwi
                                                SBR Wise Guy
                                                • 08-11-05
                                                • 674

                                                #24
                                                Originally posted by allin1
                                                Actually there is a real advantage if you like trading but to be fair you can do that at betfair...
                                                Trading at Matchbook? Did you ever do that successfully there?
                                                Comment
                                                • MJT1212
                                                  SBR Hall of Famer
                                                  • 02-16-09
                                                  • 5124

                                                  #25
                                                  never heard of it
                                                  Comment
                                                  • jjgold
                                                    SBR Aristocracy
                                                    • 07-20-05
                                                    • 388179

                                                    #26
                                                    Matchbook is not a trading site more of an exchange
                                                    Betfair is a trading site and exchange
                                                    Betdaq is a trading site and exchange
                                                    Comment
                                                    • Hareeba!
                                                      BARRELED IN @ SBR!
                                                      • 07-01-06
                                                      • 37318

                                                      #27
                                                      Originally posted by jjgold
                                                      Matchbook is not a trading site more of an exchange
                                                      and never will be unless they cease charging commission on every bet rather than net result like Betfair
                                                      Comment
                                                      • Ruifgalmeida
                                                        SBR MVP
                                                        • 04-23-08
                                                        • 2024

                                                        #28
                                                        Originally posted by Hareeba!
                                                        and never will be unless they cease charging commission on every bet rather than net result like Betfair
                                                        I had big hopes with the new matchbook, but they will be just another.
                                                        Comment
                                                        • jjgold
                                                          SBR Aristocracy
                                                          • 07-20-05
                                                          • 388179

                                                          #29
                                                          Matchbook is not geared for a Euro player if you compare it with other Euro sites
                                                          Comment
                                                          • Hareeba!
                                                            BARRELED IN @ SBR!
                                                            • 07-01-06
                                                            • 37318

                                                            #30
                                                            Originally posted by jjgold
                                                            Matchbook is not geared for a Euro player if you compare it with other Euro sites
                                                            Certainly there's a learning curve involved, particularly on the lay side.

                                                            If they are smart they'd introduce an option to display the odds in the format Euro players are familiar with.
                                                            Comment
                                                            • Scooter
                                                              SBR MVP
                                                              • 01-15-07
                                                              • 1159

                                                              #31
                                                              Betdaq will give 3.0% commission if one requests it, rather than their normal 5%.

                                                              Commission is only paid on winning bets, and first the net profit in that market is calculated, then one pays 3% of net profit.

                                                              More people should try Betdaq.
                                                              Comment
                                                              • paranoyd androyd
                                                                SBR Hall of Famer
                                                                • 10-01-11
                                                                • 6459

                                                                #32
                                                                business model is a joke
                                                                Comment
                                                                • wtf
                                                                  SBR Posting Legend
                                                                  • 08-22-08
                                                                  • 12983

                                                                  #33
                                                                  Originally posted by Scooter
                                                                  Betdaq will give 3.0% commission if one requests it, rather than their normal 5%.

                                                                  Commission is only paid on winning bets, and first the net profit in that market is calculated, then one pays 3% of net profit.

                                                                  More people should try Betdaq.
                                                                  they are SLIME

                                                                  and will slow pay and rip you off
                                                                  Comment
                                                                  • allin1
                                                                    SBR MVP
                                                                    • 11-07-11
                                                                    • 4555

                                                                    #34
                                                                    Originally posted by kiwi
                                                                    Trading at Matchbook? Did you ever do that successfully there?
                                                                    I was talking about trading at betdaq...
                                                                    Comment
                                                                    • lukahh
                                                                      SBR Wise Guy
                                                                      • 04-08-10
                                                                      • 941

                                                                      #35
                                                                      Originally posted by jjgold
                                                                      What does betdaq average on a premier league game?

                                                                      Match odds?
                                                                      hm, todays match manu vs villa is now only 50k+ matched on betdaq. poor. it will go much higher than this in next 2.5 hours.

                                                                      you have one tick difference on each 1x2 Lay/Back, with at least 1000 eur to win available. unbeatable odds for average bettor.
                                                                      Comment
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