3% commission max rate for 2012 at Betdaq.

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  • Scooter
    SBR MVP
    • 01-15-07
    • 1159

    #1
    3% commission max rate for 2012 at Betdaq.
    Existing Betdaq customer - I email them, requesting the 3% commission rate (normally 5%) and they granted it thru 2012.

    New customers get the 3% rate also.
  • virtozo
    SBR Sharp
    • 03-04-09
    • 420

    #2
    cool, they also have great promotion for new customers.
    Comment
    • lukahh
      SBR Wise Guy
      • 04-08-10
      • 941

      #3
      suitable for small to medium players, for betting in major leagues and events.
      not suitable for live betting or minor events.
      Comment
      • Ace_of_Spades
        SBR Posting Legend
        • 10-14-09
        • 13518

        #4
        They haven't got half the markets BetFair has.
        Comment
        • TennisProFrance
          SBR Sharp
          • 10-09-11
          • 395

          #5
          Surprised these guys are still around after 10 or so years. Company has been run very poorly over the years and the site is almost unusable (a few markets aside). Also be warned you have to pay to get your money out if you dont cover their charge fees.
          Comment
          • justonetime
            SBR Sharp
            • 11-17-09
            • 297

            #6
            How many here actually use them? Thought about opening an account with them as Betfair doesn't allow users from where I am.
            Comment
            • tommygun
              SBR MVP
              • 07-01-10
              • 2239

              #7
              Originally posted by justonetime
              How many here actually use them? Thought about opening an account with them as Betfair doesn't allow users from where I am.
              open an account at Smarkets, 2% commision, more liquid than betdaq.
              BETTING EXCHANGES, easy money.

              Soccer Tipping: 5-0-1
              Comment
              • Hareeba!
                BARRELED IN @ SBR!
                • 07-01-06
                • 37253

                #8
                Originally posted by tommygun
                open an account at Smarkets, 2% commision, more liquid than betdaq.
                and even fewer events to bet on?
                Comment
                • tommygun
                  SBR MVP
                  • 07-01-10
                  • 2239

                  #9
                  Originally posted by Hareeba!
                  and even fewer events to bet on?
                  Betdaq: More markets--> no liquidity, so still can't get odds you want.

                  Smarkets: Less Markets--->same odds as betfair, less commision.
                  They will grow give them time, they won't sit around and go stale like Betdaq. Useless book to have.
                  BETTING EXCHANGES, easy money.

                  Soccer Tipping: 5-0-1
                  Comment
                  • Scooter
                    SBR MVP
                    • 01-15-07
                    • 1159

                    #10
                    Betdaq is good for some things - put a small amount of money there and try it out.

                    Sometimes you'll find better than Betfair or equal, at less commission.
                    Comment
                    • tommygun
                      SBR MVP
                      • 07-01-10
                      • 2239

                      #11
                      Originally posted by Scooter
                      Betdaq is good for some things - put a small amount of money there and try it out. Sometimes you'll find better than Betfair or equal, at less commission.
                      I have an acct there. No Good.
                      BETTING EXCHANGES, easy money.

                      Soccer Tipping: 5-0-1
                      Comment
                      • Ace_of_Spades
                        SBR Posting Legend
                        • 10-14-09
                        • 13518

                        #12
                        Originally posted by tommygun

                        Smarkets: Less Markets--->same odds as betfair, less commision.
                        They will grow give them time, they won't sit around and go stale like Betdaq. Useless book to have.
                        Could be the next best thing if Betfair decides to get too greedy.
                        Comment
                        • tommygun
                          SBR MVP
                          • 07-01-10
                          • 2239

                          #13
                          Originally posted by Ace_of_Spades
                          Could be the next best thing if Betfair decides to get too greedy.
                          I'm not sure how much more greedy you could get, premium charge. 5% commisions (before discounts).
                          We need these new exchanges to step up. At least smarkets is trying, time will tell.
                          BETTING EXCHANGES, easy money.

                          Soccer Tipping: 5-0-1
                          Comment
                          • sportsfanatic
                            SBR MVP
                            • 03-10-07
                            • 3967

                            #14
                            i've heard about betdaq and matchbook. this is the first time i've heard about smarkets. no doubt betfair needs more competition.
                            Comment
                            • Hareeba!
                              BARRELED IN @ SBR!
                              • 07-01-06
                              • 37253

                              #15
                              Originally posted by sportsfanatic
                              i've heard about betdaq and matchbook. this is the first time i've heard about smarkets. no doubt betfair needs more competition.
                              yes, on the surface you'd think more competition would be a good thing but I'm not so sure that for exchanges the best outcome for punters isn't to have all players on the same page providing as much liquidity as possible rather than trading in a fragmented market
                              Comment
                              • brettels
                                SBR MVP
                                • 11-04-10
                                • 3376

                                #16
                                Doesn't that just say something about the players? why wouldn't players do a shift to betdaq and get the liquidity up and have a more profitable time with less tax.
                                Comment
                                • Hareeba!
                                  BARRELED IN @ SBR!
                                  • 07-01-06
                                  • 37253

                                  #17
                                  Originally posted by brettels
                                  Doesn't that just say something about the players? why wouldn't players do a shift to betdaq and get the liquidity up and have a more profitable time with less tax.
                                  If you could organise a mass migration perhaps it would work but most won't move until they see the liquidity ... very much a first to make it big industry which virtually shuts out competition

                                  Similar thing with Facebook, Twitter etc?
                                  Comment
                                  • lukahh
                                    SBR Wise Guy
                                    • 04-08-10
                                    • 941

                                    #18
                                    Originally posted by Hareeba!
                                    If you could organise a mass migration perhaps it would work but most won't move until they see the liquidity ... very much a first to make it big industry which virtually shuts out competition

                                    Similar thing with Facebook, Twitter etc?
                                    competition and price war is definitely good thing for customer (unless it goes too far but i think 3% is still pretty good take for exchange).

                                    with betdaq, small player who bets mainstream markets, now has more cost-effective choice.
                                    on everything else, betfair wins out.
                                    Comment
                                    • Ace_of_Spades
                                      SBR Posting Legend
                                      • 10-14-09
                                      • 13518

                                      #19
                                      Originally posted by tommygun
                                      I'm not sure how much more greedy you could get, premium charge. 5% commisions (before discounts).
                                      We need these new exchanges to step up. At least smarkets is trying, time will tell.
                                      Start posting threads in the forum section, people will catch on.
                                      Comment
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