Paddy Power New Customer Offers UK 2020

Paddy Power New Account Offer

Paddy Power is one of the few bookmakers that can truly be considered a household name, are famous across generations, and can be found on the high street alongside their huge online presence. And there’s a good reason for that.

Paddy Power has built trust and a user base through decades of being a world-class bookmaker, providing a huge amount of variety in terms of betting markets. Plus, in the online world, they’ve also branched out to be a great casino – capable of matching up with the best in the betting world. In addition to a technologically sensational live casino, they also operate a huge variety of lotteries, and their bingo and poker rooms also stand up to their reputation for quality.

Perhaps most important of all though – and why they have remained so successful for so long – is that PaddyPower constantly moves with the times and never stops trying to get new customers, or retain current ones. Vital to this part of their operation are Paddy Power new customer offers, which aim to tempt in people with some delightfully delicious deals. But are these offering more bang for your buck or is it a case of style over substance? Well, that’s exactly what we’re here to find out.

The Paddy Power new account offer bonus in detail

The Paddy Power new account offer we’re reviewing here is the £10 risk free first bet. Keep in mind that this is only one of a few Paddy Power new customer offers, as the casino and poker sections have their own bonuses too. It certainly looks like a tempting and easy to understand offer from the offset. Of course, whether or not a promotion is worth your while all depends on those dastardly details. So, join us as we find out if this offer is truly valuable.

What do you get?

This is a £10 welcome bonus, however, this is a risk free bet and that needs to be understood for you to appreciate the true value of this Paddy Power new account offer. A risk free bet means you have to deposit and bet £10 and if that wager loses, you receive that money back.

This is important because a deal where you make a qualifying bet and receive more back in free bets – such as with the Ladbrokes free bet – is different in a number of ways. Firstly, in the latter example, you would get the free bet value whether you won or lost the qualifying bet. With the Paddy Power risk free bet, you only get money if you lose.

However, this kind of bet has a big advantage in that the £10 is paid in cash rather than in free bets. If it were redeemed in free bets, you would have to also bet that amount and you would only get money if those bets won. Plus, you would only receive the winnings, not the free bet amount. This is really important because it closes the gap in value.

It’s not just the amount of money offered to take into account, because the difference in this being paid in cash and in free bets also holds its own value. This Paddy Power offer is more valuable than similar deals – such as the Coral new customer offer, for example – not just because you can simply withdraw it if you want, but also because you get the money back in addition to your winnings.

On top of the money being paid back in cash, you also get to try out Paddy Power without worrying about any monetary risk. So you’re also gaining the opportunity to find out if this bookmaker is right for you. Of course, that is the reason Paddy Power is doing all this, in the hope of securing you as a long-term customer.

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What can you use the bonus on?

The first bit of good news we can share with regards to this Paddy Power new account offer is that its scope does indeed appear to be pretty broad. We mentioned earlier and we will reiterate here that this welcome offer is for the sportsbook and sportsbook alone. This means that you cannot use these risk free bets in the casino or poker rooms.

Other than that though, the whole sportsbook appears very open. The main caveat is that your qualifying bet has to be a Singles wager. We’ll go into more details into specific restrictions later, but beyond that, you can pick whatever league, sport and market you want. So, if you want to spend your risk free bet on how many corners a second division side on another continent will take in the first half, then – as far as we can tell from the T&Cs and customer service – you should be able to do so.

There are also no minimum odds, which really helps set this promotion apart. This means you can choose a high risk wager with the peace of mind that if you don’t secure big winnings, your money will be returned. This makes this offer more appealing to high rollers than similar promotions, such as the Coral welcome bonus, for example. Your refunds should also be processed super quickly in the span of 1 hour.

What important terms do you need to consider?

Do note that in order to enjoy the Paddy Power new account offer, you will need to enter the code YSKAEQ upon registration, otherwise, you will not be able to enjoy the benefits of this risk free bet. This may seem a little annoying, but codes and vouchers – such as the Coral voucher or Ladbrokes voucher – are pretty common requirements to redeem promotions.

The first term to consider is that not only is this a sportsbook offer – meaning you’ll need to be interested in sports betting for this to be worthwhile for you – but it also disallows you from the other Paddy Power new customer offers. This means you need to consider which part of the site you’re most interested in and which welcome bonus you will get the most benefit from.

If you clearly care more about the sportsbook, for instance, then the choice should be easy. If you have similar interests across all three sections, then you may want to consider things a little more deeply. We’ll provide assistance in that regard by going through the restrictions for this promotion as well as taking a quick look at other offers later.

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Paddy Power new account offer restrictions – know before you bet

The restrictions found in the terms and conditions are what separates a good promotion from a bad bonus. For instance, if a £10 refund required you to meet 60x wagering requirements, that £10 may as well be close to worthless. This is an extreme example but you’d be surprised at some of the nasty surprises hiding in the terms and conditions out there.

Well, the good news is there are no wagering requirements for the sportsbook Paddy Power new customer offers. This means that the £10 refund really does just require you to deposit and wager £10 on a losing bet. Beyond that, the restrictions are typical and all seem pretty fair. You have to be 18+ years old and a resident in the UK or Ireland. Once again, this is pretty straightforward stuff and makes complete sense considering the legal gambling age and Paddy Power’s target audience.

You’re restricted to one sign up limit per person. This is to prevent people from taking advantage of this generous offer. Do keep in mind that this policy is also restricted to one IP address and even household address, so ensure that no one using your computer or at your home has already accessed his promotion. This may seem tough, but is pretty much standard for this type of promotion.

There are also restrictions on payment types, specifically e-wallets. Skrill, PayPal, Neteller, and Paysafe are not eligible to be used for this promotion, and you must use either debit card or ApplePay to make your minimum £10 qualifying deposit. This is something we often see across similar offers, although it may disappoint some fans of e-wallets.

We mentioned earlier that the amount of betting markets available at Paddy Power is vast, however, you cannot place your qualifying wager on any bet type. Specifically, you need to make a singles bet, so everything from Lucky 15 to Super Heinz is not eligible. You must also utilise this promotion in 30 days.

That is all the main restrictions, and we think they all come across as pretty fair and mean plenty of people can enjoy real value from Paddy Power here. Do keep in mind that this is simply an overview of what we think are the most important points, rather than the full terms and conditions. For those, you’ll need to check out the site and review the full promotional terms and conditions for yourself.

Check out Paddy Power’s other bonuses in 2020

Since you can only pick one of the Paddy Power new customer offers, it’s wise to check your other options out. The poker room has a promotion offering €50 for a €20 bet. However, this expired just at the time of writing, but, we wouldn’t be surprised to see it replaced soon.

The casino welcome bonus, on the other hand, is very much alive and kicking, offering £50 and 20 free spins for a £10 deposit. Do keep in mind that the bonus has a 35x wagering requirement, which is still competitive for a casino bonus, and the free spins are without wagering requirements. Check out the rest of the terms for more details.

There’s also plenty more to see at Paddy Power, including free bets on various sports, bet boosts, a sports quiz with a £100 prize, free bets for accumulators failing on one leg, in-play esports promotions, weekly prizes, money back on horses finishing in the top four, and many more all available at the time of writing. It’s a huge selection and one that is always evolving. What’s more, quality and fairness can be found throughout.

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