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Unlocking value with Paddy Power's free bets is straightforward—just sign up, deposit £20, and place your first bet to get £20 back if it loses. Keep an eye on their special offers for existing customers and always check the terms and conditions before using your free bets to maximise your returns.
Looking for a way to unlock some extra value? Then, Paddy Power free bet offers could be worth exploring. In this article, we’ll guide you through the process of claiming and using your Paddy Power free bets. Plus, we’ll let you in on a clever technique to transform that free bet into matched betting potential at OddsMonkey.
Free bets are not limited only to Paddy Power, as they are available throughout a huge range of bookmakers. When bettors receive a free bet, it appears as a credit in their account that can be used for eligible sports events. If your free bets win, you will receive the profits from the bet, not your original stake. The key difference between free bets and standard bets is that if you place a £10 free bet with the odds of 3/1, you will receive £20 back, instead of £30.
Understanding free bets is essential for any bettor, whether you place bets on football or cricket, or you are someone who takes part in value betting, free bets can be used in a variety of ways.
If you are interested in learning how other betting techniques work, you can check out our detailed matched betting blog on the site.
Bookmakers choose when to offer free bets to their existing customers. This may be linked to specific sporting events or celebrations, but the timing and availability will differ from bookie to bookie. However, one place you’re likely to see free bets on offer across the board is when it comes to new signups. Many of the major UK bookmakers offer free bets to new customers who open an account.
Currently, Paddy Power is offering a new account offer: “Bet £5 and receive £30 in free bets.” To claim this Paddy Power free bets offer, follow these 3 simple steps:
Now, Paddy Power’s current new customer offer isn’t a typical free bet offer. Bookmakers frequently change their offers, so please double-check all terms and conditions before signing up. Next, we’ll look at an example of a previous Paddy Power free bets offer, including how to claim and use the free bet. Free bets are seen all across sports, including this example, which can be used in Greyhound Racing.
A previous Paddy Power new account offer was: “Bet £10 and get £30 worth of free bets”. Here’s how new customers could claim this Paddy Power free bet:
After logging into your Paddy Power account, your free bet can typically be found under the ‘My Free Bets’ section in your account. If you have qualified for an offer, the bonus can be found in this section, alongside other important details such as the value of the free bet, its expiration date, and any terms related to eligible markets or odds.
Now that you are familiar with the promotional Paddy Power free bets, we’ll show you how to use them.
But wait, there’s another way to potentially use your Paddy Power free bets! Did you know there’s a way to potentially turn your free Paddy Power bets into profit? It’s called matched betting, and we’ll look at an example of how it works.
Matched betting is a way to make money by using free bets and promotional offers provided by bookmakers. In matched betting, you place more than one bet to cover all potential outcomes of a sporting event. OddsMonkey has everything you need: training, tips, and tools. Start your OddsMonkey free trial to find out more.
With matched betting, it is normal to make a small loss on your initial bet, for example, £0.07. This is known as a Qualifying Loss, but this unlocks a larger free bet, which will be the one that you profit from.
Paddy Power’s free bets are a useful way to use your (matched) betting experience and to potentially make money online. Claiming and using Paddy Power free bets is a straightforward process overall, and you can even try your hand at matched betting to unlock extra value.
Once you have made the most of your Paddy Power free bets, you can check out our other guides:
Whilst Paddy Power free bets come with plenty of terms and conditions, there are loads of frequently asked questions surrounding the topic.
Paddy Power free bets can generally be used across a wide range of sports and markets within the sportsbook. Common eligible markets that Paddy Power free bets can be used on are:
Free bets from Paddy Power usually have an expiry date of 7 to 30 days, so it is important to read the Terms and Conditions of the bet when using it.
No, you cannot cash out Paddy Power free bets, and the bets will have to be played out in full for a return to be made.
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