Paddy Power Deposit Bonus Code 2019 – All Terms Explained

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Paddy Power is a bookmaker, based in Ireland, that has been on the market with a large network of agencies in Ireland and Great Britain since 1988. The online betting business has expanded continuously over the past few years. Paddy Power is listed on the stock exchange and belongs to the top-selling betting providers on the European continent. Paddy Power is one of the big players, particularly after merging with Betfair in February 2016, and is the third-largest online sportsbook in Britain and Ireland, which makes it one of the best online bookmakers in the UK. There’s even the Paddy Power results service so you can check the latest sports result in one place. It knows how to get great publicity and has some great offers, odds and advertising campaigns. Some of its campaigns are so risqué they have been pulled from the UK airwaves but, don’t despair, you can still watch them on YouTube.

Paddy Power holds an Isle of Man licence, so you know your money is safe as you decide which of the many sports to place your bets, including in-play betting, poker, casino, lotteries and bingo, as well as live streaming so you don’t miss any of the action. Paddy Power deposit and withdrawal conditions are secure, with many debit and credit cards accepted, along with bank transfers, Neteller, PayPall, Skrill and even the Cash Card PPlus, to give instant access to Paddy Power winnings and enable ATM withdrawals and purchases. In addition to the website, you can also visit one of the 200-plus shops in Ireland or 100 in the UK. Paddy Power opening hours can vary but they are open throughout the day into the evening. You can find out more about this bookmaker in the OpenOdds’ Paddy Power review.

PaddyPower Bonus details:

Bonus sum: Up to £20
Bonus type: Risk-free bet
Example: Up to £20 refunded if bet loses.
Revenue (rollover): None
Minimum quota: 1/2
min. deposit: £10
max. time: Refund will be received within 1 hour.
Payable: Nein
T&Cs apply, 18+

Paddy Power Deposit Bonus Terms explained:Are free bets given with the Paddy Power bonus?

The Paddy Power signup offer for new customers is a simple "risk free" proposition, which allows you to make a first bet of up to £20 knowing that if it loses your stake will be refunded — in cash — within one hour of being settled. This is not a free bet, and Paddy Power don’t claim that it is, but it is an opportunity to have a punt and see if it comes off. If you know you’re getting your money back regardless, you can have the courage of your convictions on any bet.

You do need to make sure you are aware of the terms and conditions before trying to use the offer. Remember, only your first bet with Paddy Power qualifies for a refund. Therefore, if your first bet wins, you don’t get a refund — even if your next bet is a loser. Equally, you only qualify for the offer if you have made your initial deposit using a credit or debit card, or if you’ve deposited through PayPal. Being aware of these terms will save you the effort of trying to claim a refund to which you aren’t entitled.

(New customers only, limited to one per person. If you’ve previously had a Paddy Power account, you will not qualify for the offer. 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 £/€20. Only deposits made using Cards or Paypal will qualify for this promotion. T&Cs apply.)

How to claim the PaddyPower Bonus:

  • Initial deposit of at least £10
  • First bet refunded within an hour if it loses
  • Applies to all sportsbook bets of up to £20
  • Only debit/credit card and Paypal deposits are eligible
  • Available to UK and Ireland customers
  • Use signup code YSKA01 to opt in
Visit Paddy Power and get the bonus now

Paddy Power bonus code & sign up bonus:The lowdown on what you need to know

The code you need to use on signup is YSKA01. This offer is not available if you have ever had an account with Paddy Power before. It does as it says — your first-ever bet with Paddy Power will be refunded if it loses. So even if you open a new account, if it is not your first Paddy Power account it will not be eligible for this offer. You can try and sign up for it, but don’t be surprised if the bookie sanctions your account for doing so.

What this offer does for you is allow you to deposit, make a bet, and if that doesn’t come off your stake comes back to you, not as betting tokens, but as cash. This is unusual for this kind of bet, but then Paddy Power are an unconventional bookmaker.

The entire sportsbook portfolio, which has a wide range of sports from the more popular football and horse racing to more minority sports such as beach volleyball, fishing, hockey and show jumping, is eligible. You may also notice Paddy Power GAA sports such as Gaelic football and hurling, if you like fast-paced, furious sports. For this bet there are no special wagering requirements. When a bet results in winnings, these are automatically credited to the real-money account.

(New customers only, limited to one per person. If you’ve previously had a Paddy Power account, you will not qualify for the offer. 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 £/€20. Only deposits made using Cards or Paypal will qualify for this promotion. T&Cs apply.)

Banking with Paddy Power:Quick, simple and super-efficient

Before you can make your qualifying bet you’ll have to register and deposit with Paddy Power. This bookie accepts debit, credit, Neteller, PayPal, Skrill, Paysafecard and cash cards. As we’ve mentioned, though, the first bet is only refunded if you use PayPal or a debit/credit card for your first deposit. Remember that your winnings will be transferred to the payment method you registered with. Skrill, Neteller, and Paypal will make the quickest withdrawals; you’ll see your winnings within 1-4 hours. Withdrawing with debit and credit cards will take 2-3 days to process, and bank transfers can take up to 5 days. If you’re using debit, credit or PayPal you can even request withdrawals on your mobile.

Our Verdict of PaddyPower:The Paddy Power Bonus

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Reviewed by:
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5 expert tips for the Paddy Power bonus:Bet like the professionals with these 5 simple tips

1.Read the Paddy Power blog:

Paddy Power has a wealth of experience for you to tap into when deciding how to use your bets (or even the Paddy Power cash out service) so it would be a shame not to take advantage of it. Tap into the Paddy Power blog to read previews about the big games or races as well as good odds to look out for. You’ll find the latest racing news, long-odds shots which are worth a punt, horses to follow, whether sides are poor performers away from home and some of the craziest bets on the big football matches. If you don’t have time to read the full blogs, you can get the highlights on social media so keep an eye out for Paddy Power’s Facebook page and Twitter.

2.Pimp your bet with Paddy Power:

Paddy Power’s Irish background means it has a focus on horse racing with plenty of blogs, previews and information over all the main courses. Again, it would be foolish not to tap into this knowledge when placing bets. If you are a fan of horse racing – or fancy using your bets to try something different – head over to the website or Paddy Power app to look at the selection on Pimp That Bet. Paddy Power horse racing is comprehensive and the bookie also says the best price is guaranteed on UK and Irish races so you don’t need to compare the odds with anyone else. Paddy Power shows the popular bets here so you can potentially boost your winnings by adding some of these to your betting slip. It is mostly horses featured here with the occasional football match thrown in for good measure.

3. Hedging your bets:

The main idea is to minimise risk so you’re not losing money. So how can a bettor make money without risking their own cash? One popular way is by hedging your bets through matched betting. You use the bonus bets at Paddy Power on what you think is the most likely outcome of a football match. Then, head for a betting exchange such as Betfair or Betdaq, you make an opposing bet. So if your Paddy Power bet is for Chelsea to win, then at the betting exchange you will bet on them not winning, that is they will lose or draw. These two bets cancel each other out but you will win one and lose the other, so you can still make money. Try different betting strategies with your bets to see which ones you feel comfortable with.

4. Study the odds:

Keep a spreadsheet of your bets so you know how much you are winning or losing and where are your most successful wagers. Gambling is a science, so you need to be disciplined. The most successful bettors are those who keep cool, are patient and only bet on games or races where they feel the odds are bigger than they should be. So if you think a Liverpool home win should be evens (2.00) but it is  3/2 (2.50), then go for it! Using the concept of value betting, you are basically looking at the price to see if it is good value. Firstly you can create your own price on a sporting event and then match it to what the bookmaker is offering you. You could use a betting odds comparison site to help you look at different prices and also use the Paddy Power calculator to see how much you could win.

5. Get a feel for in-play betting:

Sports fans are likely to enjoy the thrill of in-play betting where they can follow a game, either through the in-play statistics live streaming or on TV, to place a bet during the match. Football, cricket and horse races are good choices. This gives you the advantage of seeing how the game is going before you wager. Even if you have studied the form and read the preview, the actual flow of the game may be different to what is expected. You can use betting apps to keep a tab on your in-play bets if you are out and about as well or the Paddy Power mobile app for betting on the move.

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