Paddy Power Welcome Bonus – £20 Cashback

Paddy Power is the king of promotional content when it comes to sports and betting. How does their bonus stand up? We will take an in-depth look at Paddy Power’s sign up offer, as well as their ongoing promotions. What’s more, we will also address the payment methods available, in order to give you the complete overview of this crazy bookie.

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Overview – One Click to Your Topic
All Bonuses £20+
Welcome Bonus Cashback
Validity 90 days
Other Promotions Rewards Club
Promo Codes YSKA00
Requirements Sportsbook bet
Payment Methods Skrill, PayPal, Maestro + 5 more
FAQ 3 questions answered
Cashback £20
Claim Bonus Visit Site!
Website www.paddypower.com
Overall Rating 4.4 / 5
The Paddy Power Bonus
Rated as Best Betting Bonuses
Listed Under Top Football Betting Sites
Full T&Cs Apply! Risk Free 20: 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. Paddy’s Rewards Club: Get a £10 free bet when you place 5x bets of £10+.

We have also created a number of dedicate reviews on each section of their site and offering. Things such as mobile, or live betting have been addressed. Click on the links to go directly through to that particular one. If you stay with us, you’ll be getting the complete overview.

Bonuses on Offer

Now we will come to the Paddy Power welcome offer and other promotions. We’ll go into detail about what is on offer and what you should expect to receive. We’ll also later talk about wagering requirements and other things that you should take notice of when playing with these incredible offers.

The Welcome Bonus Explained: £20 Cashback

The Paddy Power welcome offer is a decent amount at up to £20, however the main detail here is that it is only a matched cashback offer, if your first bet loses. So, let’s say you placed £20 on Man Utd and they lose, you’ll get a £20 free bet. However, if they win, you won’t see anything other than your winnings! It’s a decent offer, however, we feel it penalises those who are successful and there are better sign-up offers out there.

There are other Paddy Power offers that are more appealing, and they seem to value existing customers a lot more than other bookies. We’d say, don’t be too disheartened by this offer, but instead use this offer as a springboard to your Paddy Power betting life.

How to Get the Welcome Bonus

It’s a very easy process getting the Paddy Power welcome bonus, and everyone should be able to claim it easily. Even so, we have created a very handy guide for you to follow, so you won’t go wrong. In going through these individual steps, you will be guaranteed to claim the bonus and get under way.

Validity of Bonus

There are a couple of things you need to think about when it comes to the validity of this Paddy Power bonus. Namely, you have to place a qualifying bet within the first 90 days of opening your account in order for you to be eligible. What’s more, you need to be sure that you are a resident of the United Kingdom and Northern Ireland. A further stipulation is that only one account per household is allowed to partake. Other than that there isn’t much to be aware of, even so it doesn’t harm to read the T&C’s thoroughly before signing up.

Paddy Power Rewards Club

One of the greatest things this operator offer is the Paddy Power Rewards Club. Essentially you can get a £10 free bet every week. The conditions being that you place 5+ £10 bets on odds of 1/2 (1.5) or more. You will also receive a ‘Power Up’ to boost odds on selected markets. If you only place one £5 bet during the week, you still receive a ‘Power Up’, and if you place £5 of £5 you will get a £5 free bet and ‘Power Up’. It really is a great offer, and rewards returning customers handsomely. This is our favour ongoing promo out of all the bookies out there, and shows the don’t just cater to the new customer.

Acca Insurance

Paddy Power’s version of the accumulator insurance offer gives punters their money back as a free bet if one leg of a 5+ leg football betting accumulator loses. It’s only valid on win/draw/win bet markets and each selection must have odds of at least 1/5. The maximum free bet is £10 per customer, so don’t bet more than this! Also check the T&Cs for which leagues are covered, but most of the major ones are. It’s a nice little offer, and means you can take a chance on one leg of your acca in order to increase the overall odds, with less risk.

Early Payout

This is a cheeky little promo, in essence it applies to all Premier League and La Liga games. Those bets in which the team that you backed goes two goals up in a game will be paid out early, in full. It doesn’t matter what the end result will be. This is a great feature, as they always say 2-0 is the most dangerous lead in football! Now, you no longer have to worry if your team will hold on, you’ll just get your winnings straight away!

Promo Code: YSKA00

The promo code for the Paddy Power welcome offer is YSKA00. It is very important that you add this when you sign-up otherwise you won’t be eligible for this promo. Simply copy and paste this, and you’ll be sure you won’t make any mistakes. You can even write it down just to make sure! The only thing is that you should really be sure you enter the correct code and you’ll be good to go.

Wagering Requirements

The beauty about this promotion is that there are very little wagering requirements. Indeed, all you need to do is play £20 on any sportsbook market, and Bob’s your uncle. This is so simple and easy that it means you don’t have to sweat the little stuff. We wish more offers were like this, it would certainly make our lives a lot easier!

Decent Payment Methods

In contrast to its promotion range, the payment options list here is fairly compact. There are Visa, MasterCard, and Maestro in the way of card payments. Outside of cards, there’s the major three e-Wallets available in PayPal, Skrill and Neteller. Complementing these methods is a prepaid card payment option paysafecard and bank transfers. Deposits made via the prepaid cards are instant, while bank transfer is of course a much slower method of depositing.

Payment Methods Withdrawal Limits Deposit Limits Withdrawal Time Deposit Time Fees
Visa Unlimited £5 – Not Stated 2 – 3 days Instant Free
MasterCard Unlimited £5 – Not Stated 2 – 3 days Instant Free
Maestro Unlimited £5 – Not Stated 2 – 3 days Instant Free
PayPal Unlimited £10 – Not Stated 4-24 Hours Instant Free
Neteller Unlimited £5 – Not Stated 4-24 Hours 1-4 Hours 2.5%
Skrill Unlimited £5 – Not Stated 4-24 Hours Instant Free
paysafecard Not Available £5 – Not Stated Not Available Instant Free
Bank Transfer Unlimited £5 – Not Stated 1 – 5 Days 1 – 5 Days Free

*Limits may apply from the payment processor themselves.

It’s a great selection of payment. Withdrawal times vary depending on the method you choose, but you should see your money from as little as four hours, all the way up to five days. This seems to be pretty standard for the industry.

Conclusion: Top Ongoing Promotions

Most people know this bookie as bringing the fun into betting and the Paddy Power welcome bonus does nothing to alter that perception. The welcome bonus here is similar to the free bet bonus at Betfair. While it is almost exactly like the Betfair bonus, I think it’s fair to say it’s superior to the William Hill free bet offer, since the value is higher and it is paid back in cash. As long as the minimum £10 first bet is made, the amount of the bonus a player receives is 100% up to £20 back. So, for those new customers, this means the bet is completely risk free! In these terms, the bonus here is perhaps the most generous around.

Claim The Bonus!
Strengths and Weaknesses of the Paddy Power Bonus
  • Major Strengths
  • 100% back on your first bet
  • Major Weaknesses
  • None
  • Minor Strengths
  • Paid back in cash
  • No wagering requirements
  • Minor Weaknesses
  • None
Full T&Cs Apply! Risk Free 20: 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. Paddy’s Rewards Club: Get a £10 free bet when you place 5x bets of £10+.

The range of promotions also add massively to the fun factor. There are tons of regular, one-off and special promotions across many different sports. There are also many ‘pimp my bet‘ options, that give enhanced odds on events of the bookie’s choosing each day. It’s a great and varied range of offers that is hard to beat. While the payment options are a little limited, this is a minor factor, and doesn’t really affect the playability or functionality. There are still plenty of different options available, so everyone will find a suitable option. Overall, Paddy Power is a great place to take advantage of a huge list of bonuses and promotions.

FAQ

Do Paddy Power sponsor Huddersfield?

Yes, Paddy Power are known for their crazy marketing, and their stunt with Huddersfield this year demonstrates that. Even though they aren't on the kit, they are the official sponsors.

Are there more ongoing promotions?

Yes, Paddy Power are known for weekly promotions, usually focussing on up and coming games, so keep an eye out for these kinds of things.

My wife already has a Paddy Power account, can I still get the welcome offer?

Unfortunately, if you live in the same home, you will be ineligible to receive this welcome offer as it is restricted to once per household.