Paddy Power Sign Up Offer
- Paddy Power Offer: Bet £10, get £30 free bet
- Qualifying Bet: £10 / Minimum Odds 1.5
- Free Bet: 3 x £10 credited immediately (can be used at the same time)
- Notes: Paddy Power restrict accounts quickly, see comments below
Estimated Profit: £24.00 Time required: 15 minutes
Open an account with Paddy Power here and deposit £10
We briefly mentioned earlier in the training that bookmakers know about matched bettors. For obvious reasons bookmakers are not keen on what we do, cashing out the betting promotions risk free! The bookmakers control “promotion abuse” by restricting accounts, or withdrawing all promotions from that particular customer. This is known in the matched betting industry as gubbing or being gubbed.
Paddy Power rank quite high as a bookmaker for withdrawing promotions from matched bettors. On this basis this try and place your qualifying bet on a high profile match such as the Premier League or an International match. A good alternative with Paddy Power, is to always bet on the same team, whenever chasing any of their promotions. This would make you appear like a typical football fan betting on their favourite team. This betting principle also applies to free bets, it would be advised to use these on high profile events.
Other than that, Paddy Power are an excellent bookmaker to have in your portfolio of accounts as they can provide generous offers on a regular basis.
Open up the oddsmatching page and to find a good match for your qualifying bet, the minimum odds should be 1.5
- Using the bet calculator, select Normal
- Enter a back stake of £10
- Enter the bookmaker back odds
- Enter the lay odds
- Enter the lay commission.
The calculator will now show what your liability and lay stake should be. Make sure you have enough funds in the exchange to cover the liability, but remember it is only the lay stake you enter in the exchange. Place your bet with Paddy Power, then your lay bet with the exchange, you will make a few pence loss, but this will qualify you for the free bet.
Paddy Power will credit your account immediately. Like with all free bets, to maximise value we should be looking for high odds, 4-7 is recommended, but remember the higher the odds, the more money you will need in the exchange to cover the liability.
- Open up the odds matching software and find a good match for your free bet
- Open up the calculator, select Free Bet (SNR).
- Enter a back stake of £30
- Enter the back odds
- Enter the lay odds
- Enter the lay commission
Place the free bet at Paddy Power and the lay stake with the exchange. The 3 x £10 bets can be used together for the same event, as if you had placed one £30 bet.
The calculator will show the profit you will make from this free bet. If you have found a good match at high odds, you should make a total profit of around £24.