Betdaq
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RalfusDawes
- Posts: 24
- Joined: Sun Feb 23, 2014 5:09 pm
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northbound
- Posts: 737
- Joined: Mon Mar 20, 2017 11:22 pm
I used BetdaqAngel several times but am not using it regularly for trading, here's the main reason.
Let's say there is one horse currently trading at these odds: BACK 3.50, LAY 3.55.
On Betfair, if I join the queue to back it at 3.55, there's a chance I'll get matched before the price steams. Fill rate is not always great, but I often get matched.
On Betdaq, it feels as if I'll only ever get matched if the price starts to drift well past 3.55. It doesn't feel right to a trader like myself who's still on his learning journey.
Trading aside, when I dabbled in matched betting, my preference was for Smarkets because their website looks and feels much better compared to Betdaq.
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spreadbetting
- Posts: 3140
- Joined: Sun Jan 31, 2010 8:06 pm
They recently sent out emails aboutng shutting down the co.uk ite and asking everyone to withdraw and re-register on the com site because they couldn't just transfer funds. They made it such a pain for me to withdraw my balance, even though I'd wthdrawn from them before I can't be arsed to re-register and on to of that the co.uk site still seems to be active for me. Had probems in the past with their customers services when trying to reg cards too. They just seem inept at everything they do to me.
I don't even bother with Betdaq anymore. When Betfair introduced PC, a more progressive company than Betdaq, with ambitious decision makers would have stolen a significant number of Betfair's customers. They are like an old man who is frightened to fart, in case they shit themselves instead
Yep, they're dead to me too. Can't get matched till you're at least a tick 'wrong' with BF prices, inefficient customer service, closed the uk site, closed to too many overseas markets. And then just try withdrawing your funds - good luck with that project.
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spreadbetting
- Posts: 3140
- Joined: Sun Jan 31, 2010 8:06 pm
Exactly the same experience as I've had with them, they've had so many chances to catch Betfair but are just too incompetent to take them. Must be loads of ex co.uk players like me who haven't bothered to resign up to the com site and they haven't even tried to get them back.
Hadn't realised the sentiment was so negative on Betdaq. We've supported them since the PC came into force as the only credible alternative. I'm pumped many millions through there and liquidity is better than it has been for some time. But I guess it's always going to be a catch 22 situation that Betfair will exploit.
Nobody wants to use an alternative unless there is liquidity but liquidity won't arrive till people use it, q.e.d.
Nobody wants to use an alternative unless there is liquidity but liquidity won't arrive till people use it, q.e.d.
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RalfusDawes
- Posts: 24
- Joined: Sun Feb 23, 2014 5:09 pm
Fair comment. I was looking through their FAQs about 18 months back, and they still referred to Firefox 1.x and Netscape Navigator, although I see they've now updated the info there. I keep my Betdaq account funded as a backup, and for testing spreadsheets in a 'live' market at small stakes, but I rarely put more than a few £ through the market - aside from liquidity, the API is just too far behind Betfair - no historical time/price charts, and only basic race details. How hard would it be for them to include race length and type in the API? I do wonder sometimes how they are still in business.spreadbetting wrote: ↑Fri Jan 26, 2018 1:06 pm... they've had so many chances to catch Betfair but are just too incompetent to take them