Paddy Power are one of most popular Cheltenham bookmakers as we bring you an update on their free bets offers for this year;s Cheltenham Festival.
Every day, hundreds of new customers are signing up to various online sport betting providers all over the UK, and many of them are taking their custom to Paddy Power. You can find more details on Paddy Power here.
Their aim is to make betting fun, but also to reward their customers with an array of free bets and offers, which in the long-term help sustain their customer base.
How do they do this? Well firstly, the way in which they attract new customers is arguably the best in the industry. They were one of the first betting companies to bring forward the idea of tempting new business to their site through giving away free bets with the customer’s first deposit.
That happened almost 10 years ago, and still to this very day, they continue to offer the biggest and best sign up bonus in the betting jungle. These offers and freebies with Paddy Power are especially fruitful to use when the Cheltenham Festival is on the horizon.
Bookmakers are at loggerheads with each other around this time of year, pre-Festival, in trying to out-do each other with various free bets and offers. There are some fantastic offers out there for new customers, but finding and claiming them can be the hardest part.
Paddy Power’s opening offer of £250 in free bets is currently one of the biggest offers anywhere in the bookmaking world. The free bet Paddy Power are offering comes in five instalments of £50.
The sign up process is very simple, and stress free, in the fact that you don’t need to send any additional ID over to the company in order to complete the procedure.
Firstly you need to deposit £50 to obtain the freebie. After your initial first deposit, you will see that £50 has magically appeared into your account to play with. From there you can choose on what to spend your bonus on – our advice is to stick in on Boston Bob in the RSA Chase at the Festival.
That will happen the next five times you deposit £50, therefore after your five deposits you will have generated £250 of free money to try and make a profit on. Remember, you don’t have to always deposit £50, whatever you are willing to stake, whether it would be £5 or £50, will be matched by Paddy Power on your first five deposits.
This formula of free bets is especially fruitful to use when the Cheltenham Festival is on. For example, using the free money over the period of a big race Festival that may stretch on for three or four days, like the Cheltenham Festival, is a wonderful weapon to possess.
Having a guaranteed matched deposit to use for the four days at Cheltenham will make sure your account is continually topped up, even if your bets don’t reap a reward straight away.
Paddy Power also enjoy rewarding their customers with some great horse racing offers around the time of the Cheltenham Festival. One of their main pull for potential new customers is their money back special they offer on a certain horse in one of the major races of the week.
It’s a risky strategy you may think that surely will anger some of the suits at the head of the company, but the Irish firm are rarely wrong when it comes to pinpointing a certain weak favourite at the Cheltenham Festival.
For the past four years they offered to refund all losing bets on the Supreme Novices Hurdle and came out signing with Cousin Vinny, Dunguib and Cue Card all failing to win.
Therefore meaning Paddy has escaped a reported £1m pay out on each occasion. However, Sprinter Sacre’s win last season in the Arkle Chase certainly cost them about £1m.