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Betastic / Claim the Latest Paddy Power Bonus Codes For February 2023

Claim the Latest Paddy Power Bonus Codes For February 2023

Betastic bonus review - Paddy Power

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PaddyPower Bonus
He's a genius at predicting football game results

Paddy Power is an Irish bookmaker, which has been around since its first shops were opened in 1988. In 2016, the company merged with Betfair, a sign of how much it had grown over the previous decade or so. Well known in Britain and Ireland for its irreverent advertising campaigns, many of which feature biting and often controversial humour, the company offers a good all-round betting service to its punters.

Here, we will take a closer look at how you can use the Paddy Power bonus code to obtain a no risk first bet with this bookmaker. We’ll also look at whether or not there are any other Paddy Power promo codes existing customers can claim, and whether they offer you good value or not. Are they a worthy competitor to the current Sportingbet bonus? Read on to find out!

100% up to £35
Risk-Free Bet
Requirements (WR):
T&Cs apply, 18+. New customers only. Place your FIRST bet on any sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £35. Only deposits made using Cards or Paypal will qualify for this promotion. T&Cs apply.

A Quick Look At The Bookmaker

Paddy Power is a good bookmaker with a well-established reputation. Many people will know the company thanks to its advertising campaigns, which use a kind of irreverent and often brutal humour. It provides punters with a good range of betting services, with plenty of sports covered. There is a wide range of live betting options too, with football, ice hockey, tennis and cricket among the sports which have in-play markets available. Gaelic Games fans can also place live bets on their favourite sports too, an option that not many UK bookies offer. Live streaming of some sports is also available, and the Paddy Power news website, offering betting and sports information, is useful too.

Customer service provision is very good, and there is a detailed help section on the website which will answer many of your queries. If you do have a question about your Paddy Power bonus funds or a similar issue, then you can contact the company via live chat, telephone or the contact form on the website. The telephone lines for customers in the UK and Republic of Ireland are open 24 hours a day, seven days a week. Paddy Power also has a well-developed social media presence, with customers often using its Twitter account to send queries.

There is a Paddy Power promo code that you can use for your welcome bonus too, but there are other promotional offers for existing customers too. You can join a free bet club, and there is an accumulator refund bonus too, as well as other promotions.

Paddy Power Payment Methods

There is a good range of payment methods available for you to use at Paddy Power. Credit and debit cards from Visa and Mastercard can be used, as can Visa Electron and Maestro. Paypal customers can also use their favoured payment method. Other e-wallets which can be used are Skrill and Neteller. You can also use Paysafecard and, if you want, direct bank transfer, to deposit and withdraw funds from your account. Full details about all the payment methods, the minimum and maximum deposit and withdrawal amounts, time limits and other factors can be found in the Paddy Power help section, which is also very useful for customers. Transaction times are pretty quick for all payment methods, with credit and debit card deposits being processed immediately, and withdrawals taking three to five working days. Other methods’ transactions are usually processed within a matter of hours. The minimum deposit and withdrawal amounts are £5.

Bank Transfer

Bonus conditions need to be noted

If you favour using an e-wallet to pay for your bets, such as Skrill or Neteller, then you need to be aware that you cannot use the Paddy Power promo code to claim the no risk, first bet bonus. You can claim the bonus if you favour using Paypal, though. Credit and debit card customers can also use the Paddy Power bonus code to claim the welcome offer.

  • Start with smaller bets
  • Pick your favorite team
  • But keep the minimum odds in mind
  • Higher bets give higher winnings

Some methods cannot be used on mobile

Your deposits should reach your account immediately when using credit or debit card or any ewallet. For withdrawals this can take a little longer. Betway has a cooling off period of 72 hours before withdrawals are processed to give you time to change your mind. After this payments to ewallets Paypal and Neteller can take between 1-3 business days. Credit and debit card payments take between three and five business days to hit your account.

Strengths & Benefits Of The Bookmaker

Excellent Range of Betting Markets

One real strength of Paddy Power is the range of markets on which you can bet. A good range of sports is covered. Although the focus is very much on mainstream sports when it comes to numbers of markets, punters can also find plenty of markets for less popular sports, or sports which are popular in certain regions but not in others. Live betting markets are available for Gaelic sports, for example. There are also plenty of TV and political markets on which you can bet if you want a little more variety in your betting.

UKGC - UK Gambling Commission
MGA - Malta Gaming Authority

Website is easy to use and well designed

Another real positive factor for Paddy Power is the design of their website. Many bookmakers fill their home pages with animations and adverts which can be distracting, and slow down the load times of the pages, affecting how well it functions on many devices. Paddy Power’s website design is uncluttered and free from unnecessary distractions. It is simple to navigate around the site, and relatively easy to find the markets for which you are looking. There is also an extensive help section on the site, which is easy to find and navigate around. Overall, the site design works very well indeed.

PaddyPower Sports Bonus

Bonus Intro

Paddy Power has a range of betting products and associated bonuses on offer. As a new customer, you definitely don’t want to miss out on any available bonuses. We’re here to bring your attention to the latest sportsbook bonus. Once you’ve signed up and deposited a minimum of £10, all you need to do is place a qualifying bet equal to £10.

In the event that your qualifying bet loses, Paddy Power will refund your stake as cash! The great thing about this bonus offer is that you do not have to worry about wagering requirements, nor do you need to use a promo code. It’s as simple as that!

100% up to £35
Risk-Free Bet
Requirements (WR):
T&Cs apply, 18+. New customers only. Place your FIRST bet on any sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £35. Only deposits made using Cards or Paypal will qualify for this promotion. T&Cs apply.

Get Your Bonus Without A Paddy Power Bonus Code

  1. Sign up for an account, using the Paddy Power sign up code YSKA00.
  2. Deposit a minimum of £10 in your new account.
  3. Place a first bet worth up to £10.
  4. If the bet loses, Paddy Power refunds your stake as cash.

Paddy Power Terms & Conditions

Using the Paddy Power bonus code for new customers is a very simple process. The bonus itself is also easy to understand, with no complex wagering requirements attached to it. All new customers simply need to open an account using the Paddy Power sign up bonus code and then deposit at least £10 in their account. Once you have done that, you need to place a bet worth up to £10. If that bet loses, you will receive your stake back as cash. If the bet wins, then you do not get the bonus. You will receive your refund within one hour of the bet being declared as losing, which is very quick.

The main positive about this bonus is its simplicity. There are no complicated terms and conditions, and the bonus is paid almost immediately. It also offers you a nice welcome to the site, with your first bet being a no risk wager. Qualifying bets can be placed on any sport too, at any odds. There is an excellent range of sporting markets available at Paddy Power for you to bet on.

The main negative issue about the bonus is that you can only get it if your first bet loses. If your first bet is successful, then you do not receive any extra credit or added bets for using the Paddy Power promo code. The no risk bet bonus is a one-off too, with no additional Paddy Power promo code a new customer can claim. It might therefore strike some potential new customers as a little bit ungenerous, at least in terms of the monetary value that it offers.

The all-round service at Paddy Power is very good, though. In addition to this level of service, you can make use of another Paddy Power voucher, though, with other offers available on an ongoing basis at the bookie. These offers sometimes provide punters with extra bets linked to certain sporting events, such as the Republic of Ireland’s international soccer matches, or specific horse races. If you like betting using accumulators, there is an offer in place. There is also the Paddy Power Free Bet Club, which offers weekly bets for punters who place a certain amount of wagers in a seven-day period. So, although the welcome bonus might not seem that generous, the existence of other promotional offers compensates for this.

Common Betting Mistakes And How To Avoid Them

Whether your first bet at Paddy Power wins or loses, there are still some things it is worth bearing in mind before you embark on your sports betting career. Here are three mistakes to avoid at all costs.

Never bet on sports you don’t know

This might sound obvious, but it is never a good idea to place bets on sports about which you know nothing. Inexperienced punters can often be tempted into placing long odds wagers on sports they are ignorant of, often because of the odds on offer. This is never a good idea. You may get lucky once, but it is unlikely to happen again. Betting effectively requires you to have a sound knowledge base in order to be able to better predict likely outcomes and events within games. Good sporting knowledge is particularly important when it comes to live betting. You are putting yourself at a massive disadvantage, unnecessarily so too.

If you want to be a successful punter, then you should do your research. Stick to two or three sports that you know well and place small, carefully chosen bets. That way you will minimise your losses and maximise your chances of winning.

Don’t chase losses with ever increasing bets

Many inexperienced sports bettors will allow themselves to get drawn into a negative spiral, where their first bet loses, and they then try and compensate for it by pacing bigger bets on selections with longer odds. The thinking is that the bigger, riskier bets will pay out and cancel their losses on previous bets. In practise, this rarely happens. Instead, punters are left chasing their losses, placing bigger and riskier bets until their funds are seriously depleted and they are left feeling angry and frustrated.

You should never chase losses in this way. Just as military people have a saying that you should never reinforce failure, you should never try and compensate for losses with ever riskier bets. It is better to stop betting for a while, accept that you have lost, and break the cycle. Once you have calmed down and had a chance to evaluate the situation, then you can begin to bet again. You should place carefully chosen, small bets, and make sure that you keep your gambling fun. It is meant to add excitement to sport, after all, not make life more difficult and stressful.

Don’t bet if it is stressing you out

Linked to the above point, your emotional state is also key when betting. If you find that your betting has moved from being a fun, recreational activity to one where you are desperate to win because of financial losses, you need to stop. Equally, if your bets have become so important to your life that you are finding the whole process of betting to be stressful and worrying, then you need to stop, and assess your betting activity more calmly.

You should never find betting stressful, and you should certainly not see gambling as the solution to any financial problems that you might have. The more stressed you are, the more likely you are to make silly decisions and place stupid bets that are more likely to lose. Stick to small bets on sports that you know well, and make sure that you are always having fun.

Paddy Power Bonus Rating

The Paddy Power voucher code is even automatically filled in on the online registration form for new customers, so simple is the bonus to claim. If your first bet loses, then your Paddy Power promo code ‘free’ bet is paid into your account within an hour, which is very quick. There are no complex wagering requirements attached to it, and the stake of the losing bet is returned to you in cash, not in bonus credit. All of this is very positive, and contributes to the rating we have given the bonus.

paddy power promo codes existing customers can claim

There is one major issue with the bonus, though, which prevents it from having a much higher rating. This issue is that the Paddy Power bonus code only applies to losing bets. If your first bet wins, then you do not receive any kind of welcome bonus at Paddy Power. Although there are other paddy power promo codes existing customers can claim, the lack of a more universal welcome bonus has shaved some points off the rating we have given.

Bonus Conclusion

The current Paddy Power bonus will only be appealing to punters who lose out on their first bet. However, the fact that you’ll receive a bonus in the form of cash, is comforting to all new punters. It allows you an added freedom when making that first bet with the Paddy Power sportsbook.

Bonuses are easy to claim and put into action on the Paddy Power platform. What’s more, is the bonus can be used across a range of markets and is certainly a great way to kickstart your betting experience with Paddy Power! For more bonus reviews, make sure to visit our Tonybet bonus and Bet365 bonus guides.

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Bet £10 & Get £50
T&Cs apply
Open Account Offer Bet £10 & Get £50 in Free Bets for new customers at bet365. 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. Bonus
Bet £10 Get £10
T&Cs apply
T&C's apply. No deposit required, new players only. £10 paid as bonus. Claim within 3 days of registration. 7 day expiry. 50x wagering. £50 max win/withdrawal from bonus. Only bonus stakes qualify & wagering contributions vary, not all games eligible. 18+
Betfred Bonus
Bet £10 get £40 in Bonuses
T&Cs apply
New 18+ UK customers only. Register using promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.
Bet UK
Bet UK Bonus
Bet £10 Get £30
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Full T&Cs apply. New customers on mobile only. 7 days to claim and stake £10 minimum bet at odds of 1.5 or greater to qualify. Free, void, cashed out or partially cashed out bets do not qualify. Max 3x £10 free bets credited on bet settlement. Free bets must be used on 4 or more selections with selection odds of 1.3 or greater. Free bets are non-withdrawable, and stake not returned with winnings. 7 day expiry.
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