Published
Sports Betting

Betdaq introduces 0% commission

Betdaq has introduced a 0% commission on the majority of its offered sports on its exchange platform.

betdaq

The gobal betting exchange, which allows players to bet against each other, currently charges a 2% commission on all sports markets and matches more than £75m ($99.1m) worth of bets per week.

But after a successful trial period, which included offering 0% commission on the final three Grand Slam tennis tournaments of the year, the operator has chosen to continue with the approach full-time.

The new commission will be carried out on all sport apart from football, horseracing, greyhound racing and cricket.

Betdaq Managing Director Shane McLaughlin said: "Having trialled a 0% commission structure on several occasions earlier this year and seeing how successful it was in terms of liquidity generation and customer retention, we’ve decided to roll it out permanently on the majority of sports.

"We have seen really impressive growth in tennis markets over the past 12 months and by introducing this new commission structure we continue to reward customers with a fantastic betting experience whilst our new commission-free initiative means they will increase liquidity and have access to the best price on tennis in the industry.”

In the summer, the GVC-owned exchange expanded its offering by launching a fixed-odds sportsbook for the first time, to coincide with its exchange and casino games, as part of a "key strategic aim."

Premium+ Connections
Premium

Galaxsys

 
Premium

GammaStack

 
Premium

PIN-UP Partners

 
Premium

Digitain

 
Premium

Sport Generate

 
 
Premium

1xBet Partners

 
Premium

RISK

 
Premium

Lynon

 
Premium

Imagine Live

 
Premium

Revsharks

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...