[Scooter]

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]

cool, they also have great promotion for new customers.

[lukahh]

suitable for small to medium players, for betting in major leagues and events.
not suitable for live betting or minor events.

[justonetime]

How many here actually use them? Thought about opening an account with them as Betfair doesn't allow users from where I am.

[tommygun]

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.

[Hareeba!]

open an account at Smarkets, 2% commision, more liquid than betdaq.

and even fewer events to bet on?

[tommygun]

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.

[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.

[tommygun]

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.

[tommygun]

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.

[Hareeba!]

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

[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.

[Hareeba!]

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?

[lukahh]

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.