Paddy Power Welcome Offer: Bet £5 and Get £20 in Free Bets
Paddy Power is one of the most recognisable betting sites on the market, and the Paddy Power welcome offer more than lives up to the Irish bookmaker’s unique reputation. New customers can earn £20 in free bet bonuses when they place a £5 qualifying bet in any sportsbook market!
What is the Paddy Power sign up offer?
Paddy Power’s welcome offer gives new customers £20 in free bet rewards once they’ve placed their first £5 qualifying bet. This sign-up offer gives you an excellent bonus-to-outlay ratio that’s comparable to the best available from any betting site.
Paddy Power’s sign-up offer is incredibly straightforward. New customers are credited with their £20 free bet reward when their qualifying bet settles. The minimum evens odds qualifying bet requirement is pretty standard when compared to other bookmakers’ welcome offers.
Once the free bet bonuses are in your account, you can use the free bet bonuses on any sports market you want. You have 30 days to use your free bet after you receive it, so keep that in mind if you choose to hold on to it for the right bet. In line with most bookmakers, you can’t withdraw Paddy Power’s free bet bonuses like cash.
How can I claim the Paddy Power sign up offer?
Claiming the Paddy Power welcome offer is a simple process, even if you don’t have much experience with bookmakers. If you’re struggling to open a new account, follow these steps to ensure you earn £20 in Paddy Power free bets:
1. Use the below to navigate to the Paddy Power welcome offer landing page.
2. Click the ‘Sign-Up’ button to progress to the Paddy Power registration page.
3. Complete the registration form with your details. If you’ve clicked through from bookmakers.tv, the Paddy Power bonus code will automatically be applied and you’ll have access to the Cheltenham welcome offer.
4. Once you’ve completed registration, deposit £5 using a debit card.
5. Use that deposit of £5 to place a bet on a race at this week’s festival at minimum odds of evens.
6. You’ll receive £20 in Paddy Power free bet rewards after your qualifying bet has settled.
Paddy Power’s welcome offer significant terms and conditions.
Who can take part?
- New customers only. Available to residents of UK or Republic of Ireland.
How & when can I qualify?
- Open a new account using promo code YSKARZ.
- Deposit a minimum of £5 via cards or Apple Pay.
- Place a £5 Sportsbook bet on any Cheltenham 2024 race at min. odds 1/2 (1.5)
- Your qualifying bet needs to be settled before 23:59 GMT on 15/03/2024
What can I win?
- You’ll receive a total of £20 in sports free bets which will be valid for 30 days.
- You’ll be able to see details of your free bets in the ‘My Free Bets’ tab which can be accessed at the top of the website.
- To use your free bets, add the selections to your betslip that meets the terms and conditions of this offer.
When will I get my prize?
- Once your qualifying bet has settled you will be awarded a total of £20 in sports free bets.
What else do I need to know?
- If you make more than one selection in your betslip which qualifies for this offer, the free bet will be applied to the selection with the longest odds.
- You can use part of your free bets and save the rest for later as long as you use it before they expire. Stakes are not returned with winnings if your free bet wins. Your winnings will be credited to your main wallet.
- If we find that you have taken part in this promotion using a duplicate account or that you have used more than one account to participate, we reserve the right to withhold your free bets and any winnings earned on the duplicate account.
- Deposits made with e-wallets including Skrill, Paysafe, PayPal and Neteller will not count towards this promotion.
- The offer excludes the following bet types: Lucky 15, Canadian, Goliath, Heinz, Lucky 31, Lucky 63, Patent, Super Heinz, Trixie & Yankee.
- Cashed out or partially cashed out bets do not qualify
Other essential stuff:
Paddy Power reserves the right in its discretion to exclude and/or limit the availability of the offer to certain customers.
The full terms and conditions of Paddypower.com also apply to this offer
How does the Paddy Power new customer offer compare with other betting sites?
Welcome offers are the biggest thing that betting sites use to attract new customers. Although It doesn’t offer the highest value of free bet bonus, Paddy Power’s Cheltenham 2024 sign-up offer has an extremely competitive 400% bonus-to-stake ratio.
The table below details the welcome offers at some of the biggest bookmakers:
| Betting Site | Size of qualifying bet | Free bets on offer | Bonus to stake ratio |
| Paddy Power* | £5 | £20 | 400% |
| bet365** | £10 | £30 | 300% |
| BetVictor*** | £20 | £40 | 200% |
| Boylesports**** | £10 | £20 | 200% |
**Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. Registration required.
***New UK customers (Excluding NI) only. Mobile exclusive. Min Deposit £10. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Account & Payment method restrictions apply. 1 Free Bet offer per customer, household & IP Address only. 18+. T&Cs apply.
****18+ New Customers only. Opt in, bet £20 on Horse Racing, 1/1+ odds in 7 days, no cash out. Get £40 in Free Bets on set markets valid 7 days. Debit Card / Apple Pay payments only. T&Cs apply. See below. begambleaware.org | Please Gamble Responsibly.
Do Paddy Power offer any free bets to existing customers?
Betting sites know the importance of keeping their existing customers engaged. Promotions that reward regular bettors with free bets are a typical method they use to reward existing customers. Paddy Power runs several offers of this kind, and we’ve detailed the best of them here.
Paddy Power Super Sub
Paddy Power’s latest promo is an excellent one for football fans! Individual player markets like ‘Number of Shots’ or ‘Player to be Carded’ have become one of the most popular ways to bet on the beautiful game. Using your knowledge of a team or league to find a winning selection is particularly satisfying, but there’s nothing more frustrating than seeing a player you backed leave the field short of the total you need to win your bet.
With Paddy Power Super Sub, your bet stays alive as the oncoming player takes over the bet, meaning you still have the chance at a winner. The newly announced offer is available on the most significant football action, including fixtures in the Premier League, Champions League, Europa League, FA Cup and EURO 2024.
Paddy Power Rewards Club
Paddy Power’s Rewards Club is one of the best free bet club promotions offered by any bookmaker. You can earn free bets every week if you place a specific number and value of bets in the previous week. The tiered rewards system is excellent, allowing customers who spend less to earn rewards. The extravagant extra prizes available to existing Paddy Power customers are outstanding. You can win tickets to major sporting events and VIP experiences.
Paddy Power Wonder Wheel
Paddy’s Wonder Wheel promotion allows existing customers to earn prizes every day. The prizes on offer include free bets, casino bonuses and free slot spins. Working similarly to a roulette wheel, Paddy Power customers who participate can simply spin the wheel each day and receive a random prize.
Paddy Power Player Justice Refund free bets
There’s nothing worse than seeing a player you’ve backed go off early with an injury. Paddy Power’s Player Justice Refund offer means you won’t have to feel that sinking feeling if your chosen player goes off before halftime. Paddy Power refunds the stake of bets like the first goal scorer and player to be carded if the selected player is subbed off in the first 45 minutes. This offer covers the Premier League, Champions League and Europa League, so all the big fixtures qualify.
How did the Paddy Power welcome offer rank at the 2023 UK bookmaker awards?
The UK Bookmaker Awards, organised by leading digital sports media company Better Collective, give great insight into which bookmakers give their customers the best value. They use customer surveys, market research and long-term data collection to rank well-established betting sites in several categories. One of the awards given out was for the best welcome offer. Paddy Power’s offer only ranked in the middle of the field.
The failure to trouble the welcome offers at the top of the rankings may be down to the free bet being less than other offers, the high odds requirement of the qualifying bet or the 30-day limit you have to use the free bet reward. While Paddy Power’s offer didn’t top the table in the sign-up category, it does offer an impressive bonus-to-stake ratio.
Paddy Power free bets and betting offers FAQs
Yes, Paddy Power has a welcome offer that new customers can take advantage of. Terms apply, but during Cheltenham you can earn a £20 free bet when you place a £5 bet on any race at this years festival.
Using one of the links on bookmakers.tv will take you to the correct screen to access the impressive Paddy Power Cheltenham 2024 welcome offer and ensure you get £20 in Paddy Power free bets to boost your bankroll during the festival.
Participating in Paddy Power’s welcome offer is the easiest way to earn a free bet. During Cheltenham 2024 new customers can grab £20 in free bet bonuses if they place a bet of £5 on any race at this week’s festoval. They also run other free bet promotions, like Paddy’s Rewards Club, that allow existing customers to earn free bets.
During the Cheltenham Festival, you can grab £20 in Paddy Power free bets using their latest welcome offer, and they run other promos that allow you to earn additional rewards.
You have 30 days to use the Paddy Power free bets you accumulate. Make sure you use them before they disappear from your account.
