Looking for ways to unlock additional value? Then, the Paddy Power free bet offer might be worth exploring. In this article, we’ll guide you through the process of claiming and using Paddy Power free bets. Plus, we’ll let you know about a clever technique that turns free bets into matched betting potential at OddsMonkey.

Find out how free bets work

Free bets are not limited to Paddy Power, many bookmakers offer free bets. When a bettor receives a free bet, it will appear in their account as points that can be used on eligible sporting events. If your free bet wins, you will receive the profit from your bet rather than your original stake. The main difference between a free bet and a standard bet is that if you place a £10 free bet at odds of 3/1, you will receive £20 back instead of £30.

Understanding free bets is crucial for any bettor, whether you bet on football or cricket, or you are someone involved in value betting, free bets can be used in a number of ways.

If you are interested in learning how other betting techniques work, you can check out our detailed matched betting blog on our website.

How to claim your Paddy Power Free bet

Bookmakers choose when to offer free bets to existing customers. This may be tied to a specific sporting event or celebration, but times and availability vary between bookmakers. However, one place you might see free bets being offered across the board is when it comes to new signups. Many major UK bookmakers offer free bets to new customers who open an account.

Paddy Power are currently running a new account offer: ‘Bet £5 and get £30 in free bets.’ To claim your Paddy Power free bet offer, follow these 3 easy steps:

1. Open a Paddy Power account.
2. Deposit £5 using your debit card.
3. Bet £5 and get £30 in free bets.

Now, Paddy Power’s current new customer offer isn’t your typical free bet offer. Bookmakers often change their offers, so check all terms and conditions carefully before signing up. Next, we’ll look at examples of previous Paddy Power free bet offers, including how to claim and use your free bets. Free bets are available in all sports, including this example, where they can be used in greyhound racing.

The previous Paddy Power offer for new accounts was: “Bet £10 and get £30 worth of free bets”. Here’s how new customers can claim their Paddy Power free bets:

1. Open a Paddy Power account.
2. Deposit and bet £10.
3. Within 48 hours, the free bet will appear on the account as 3 separate tokens, each worth £10.

Where to find your Paddy Power Free Bet

Once logged into your Paddy Power account, your free bets can usually be found under the ‘My Free Bets’ section of your account. If you qualify for the offer, you can find the bonus in this section along with other important details such as the value of the free bet, its expiry date and any terms related to qualifying markets or odds.

Now that you are familiar with the promotional Paddy Power free bets, we will show you how to use them.

How to use Paddy Power’s free bets

• Log in to your Paddy Power account.
• Any Paddy Power free bets you have will appear below your account balance.
• Find and select the event you want to bet on. Check the terms and conditions to make sure your selection qualifies for free bets. Please be aware of any special offers or restrictions. For example, you may not be able to place a free bet on a football match that is part of a Money Back Special offer.
• Click on an option to add it to your bet slip.
• Enter your bet amount on the bet slip.
• If your Paddy Power free bet is available, you will see the “Use Free Bet” option.
• Select your free bet with Paddy Power and click the ‘Place a Bet’ button.
• You will receive a receipt confirming your bet. Then, you can wait for the event to happen.

But wait, there’s another way to use your Paddy Power for free bets! Did you know there was a way to turn your free Paddy Power bets into profits? This is called matched betting, and we’ll look at an example to see how it works.

The best way to bet with Paddy Power Free

Matched betting is a way of making money taking advantage of free bets and promotional offers offered by bookmakers. In matched betting, you place multiple bets to cover all potential outcomes of a sporting event. OddsMonkey has everything you need: training, tips, and tools. Start your OddsMonkey free trial to learn more.

• Bet on England to win.
• Betting on England not to win (this includes a ‘lose’ or ‘draw’ outcome).
• By making these two opposite bets, you’ve matched them, which means you may not make a profit, but you won’t suffer any losses either. But don’t worry, the purpose of this step is to unlock free bets.
• You have now unlocked your Paddy Power free bet.
• Now, to take things to the next level, repeat the process (replace your bet), but this time with better odds.

Paddy Power Free Bet Summary

In matched betting, it is normal to have a small loss on your initial bet, for example £0.07. This is called a qualifying loss, but this will unlock a larger free bet, which will be the bet you profit from.

Paddy Power’s free bets are a useful way to take advantage of the (matched) betting experience and potentially make money online. Overall, claiming and using Paddy Power free bets is a simple process, and you can even try matched bets to unlock extra value.

More free betting guides

Once you’ve made the most of your Paddy Power free bets, you can check out our other guides:

Paddy Power Free Bet FAQs

While Paddy Power free bets come with plenty of terms and conditions, there are also plenty of FAQs surrounding the topic.

What can Paddy Unpowered Betting be used for?

Paddy Power free bets are generally available on a variety of sports and markets within sportsbooks. Common eligible markets where free bets can be made using Paddy Power are:

• football
• race
• tennis
• american football
• golf
• cricket
• darts
• football

How long do I have to bet with Paddy Power Free?

Paddy Power’s free bets are usually valid for between 7 and 30 days, so it’s important to read the terms and conditions of your bet when using it.

Can you cash in your Paddy Power free bet?

No, you cannot cash in your Paddy Power free bet and must wager in full to receive a return.