The Irish betting exchange justified its decision to start taxing winning punters a basic five per cent, in line with rival betting exchange Betfair, as a necessary part of its development to keep on providing the best possible service.
“We don\’t think commission levels are a driving force behind the attraction of exchanges, talking to our clients, and people will go where they get the best service and deals,” said Russ Wiseman, Betdaq\’s PR director.
“We have invested massively in the product and we believe our third version technology is the best around. We have tried to differentiate our product in a competitive industry with multiple bet and each-way options. This is working well, especially with multiples in the football field.”
“This year to date we have more than doubled our active users and matched bets have trebled on the previous year. Just last week, we had over £20,000 to back in an American football match and our sports markets are impressive and we are bullish about the future.”
Calculators
