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Paddy Power Cheltenham 2023 Offers & Betting Guide

Ask anyone to name a bookmaker and nine times out of ten, they’ll say Paddy Power. Formed in Dublin in 1988, the brand has come massively in the last decade. They’ve established themselves as the ‘people’s bookmaker’ thanks to their tongue in cheek marketing campaigns, and, their distinctive tone of voice. Many forget that their success even saw them merge with Betfair back in 2016.

In this Paddy Power review, we’ll look forward to why they will be the bookies to bet with during highly-anticipated Cheltenham Festival in March.

Paddy Power Sign Up Offer

Before heading to the registration form, you’ll be presented with Paddy Power’s sign-up bonus. CBG users can enjoy an exclusive up to £10 Money Back In Cash – just click the link below to take advantage of it.

Even if you’re not a big better, and, just want a flutter on Cheltenham 2022 – it’s still worth giving these a look other to make sure you get more for your money!

Specifically, the deal now involves those making an initial £10 deposit receiving a cash refund worth up to £20 if their first bet is settled as a loser.

It’s important in the build-up to the Festival in March to grab a Paddy Power Cheltenham offer, or in this case to get the welcome bonus as a means to perhaps build up your betting bank before the big event kicks off on March 15th. If you’re interested in the new customer deal, keep these major terms and conditions in mind:

How to Claim the Sign-Up Offer

Here’s everything you need to do, step-by-step, to ensure you get the best out of Paddy Power’s sign-up offer during the 2022 Cheltenham Festival.

  1. Sign-up for a new account at Paddy Power, entering your personal and financial details as well as your proof of ID.
  2. Make a deposit of at least £10 using your debit card or Apply Pay, and enter the promotion code (currently YSKAEE).
  3. Place a first bet that will be counted as the qualifying one.
  4. If your first bet has been settled as a loser within 90 days after opening the account, your stake will be refunded in cash up to £20.
  5. Your refund will be processed within 1 hour after settling the bet.

Paddy Power Cheltenham Offers

You’ll definitely want to keep your eyes open for Paddy Power Cheltenham specials. As a big player when it comes to Cheltenham promos, they’ve yet again delivered to the betting community with these brilliant deals on all of the action over the hurdles this year.

Paddy’s Rewards Club

There are three ways to qualify for Paddy’s Rewards Club. The first way is to simply place a bet of £5 or more, then be credited with a ‘Power Up’ on the following Monday. Whenever you place a bet, you can choose to use your Power Up option which will automatically increase the odds of your selection.

You can also join in by placing 5 different bets of £5 or more each, then being credited with a ‘Power Up’ and a free bet worth another £5. Lastly, place 5 bets of £10 or more and be credited with the ‘Power Up’ and a £10 free bet.

Paddy Power Extra Places

At the 2021 Festival, Paddy Power Cheltenham offers included extra places it is likely the same will happen in 2022.

This is always one of the better Paddy Power Cheltenham specials as it means getting great each-way terms, i.e. the firm will pay out on up to 5 places instead of 3 on major races, especially the handicaps.

Look out for special extra place terms on races such as the Gold Cup, the Ultima, the Coral Cup, the Boodles Juvenile Hurdle, the Pertemps Final, the Kim Muir Challenge Cup and the County Hurdle. These are all hard races to call, so any extra help in betting each-way should always be readily accepted.

The each-way terms are still likely to be ¼ of the odds for all five places, something that comes in particularly handy when a horse may go off at 20/1 or bigger in one of the more competitive events.

Paddy Power Best Odds Guaranteed

Best odds guaranteed, referred to often as ‘BOG’, involves the punter always being paid out at the best possible odds when taking a price before the race.

So, if your selection is being offered in the pre-race market at 4/1 and you take the odds offered, should it win at 3/1 you are still paid at the original price as normal. The bonus comes in when that same horse drifts out to 6/1 for example and still wins, and with BOG you will be paid at 6/1 rather than 4/1 despite accepting that price at the time the bet was struck.

BOG is offered on most British and Irish races, every day of the week and so will certainly be in operation during the Cheltenham Festival.

Paddy Power Non-Runner, No Bet

The NRNB deal is something else offered periodically by Paddy Power on major ante-post horse racing markets.

The firm is offering non-runner, no bet deals on all 2022 Cheltenham Festival races which makes it much easier for those who fancy a horse well in advance of the race.

With NRNB, you can bet in advance on a Festival event at the odds displayed. If you horse wins, you’ll be paid out at the price you took (no best odds guaranteed), but if something should happen in the meantime and your horse ends up not taking part then your bet is void and you will get your money back in the same way as you would with a non-runner on the day.

Paddy Power Acca Insurance

Paddy Power offers acca insurance on all sports bets, including for horse racing and of course during the Cheltenham Festival.

Essentially, all you need to know is that if you place an accumulator at the Festival containing 4 horses or more and one leg lets you down, then you will receive a free bet. The maximum you are allowed to bet using acca insurance is £10 per day and each leg of your bet must be at odds of 1/5 (1.20) or bigger.

In recent years this deal has become more prevalent. We all remember vividly the last flight falls of Shiskin and Annie Power for example which ruined the accumulators of thousands of people. With acca insurance, those punters would at least have received a free bet for the following day’s racing.

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Power Prices

Paddy’s Power Prices have been a great addition to the specials stable. Available on many other markets for major horse races, the deal involves what is essentially a price boost on a very specific market.

A good example would be ‘Al Boum Photo to win the Gold Cup and Zanahiyr to win the Triumph Hurdle’ at 16/1 instead of the normal accumulator price for the two of 12/1.

Naturally when a bookmaker offers a deal like this their odds compilers believe that it is a tough bet to get right and at least one of the horses mentioned will not win their leg, so the way to use it best is to check on whether the horses mentioned were part of your fancies anyway and ensure you take the Power Price rather than backing them normally.

How to Bet on Cheltenham Festival 2023 With Paddy Power

What makes the experience with Paddy Power even better is the simplicity of everything; from sign-up, to finding the Cheltenham market, to viewing the specials on offer.

Once you’ve finished up an easy registration process, you’ll be redirected to the add a card and depositing screens. Altogether, this process takes no more than a handful of minutes. Within the space of filling in those forms, you’ll also have a welcome email drop into your email inbox.

Now you’re signed up and have money in your wallet, it’s time to have a flutter! So, what type of bets can you place on Cheltenham?

Bet Early With Ante Post Betting

Well, if you’re in early, it’s always worth having a look at the ante-post odds. The ante-post odds have been compiled allowing you to have a bet well in advance of the event before the final declarations. Paddy Power ante-post betting rules are simple to sum up in that with better odds comes greater risk. Why? Because for starters your race may not be covered by NRNB (Non Runner No Bet) – so if your horse doesn’t run, that’s it.

Currently, Paddy Power is Non Runner No Bet on all Cheltenham 2022 races – check their Cheltenham 2022 page to learn more. You can also visit our Cheltenham 2022 Ante Post page to see a full list of offers for early bettors. On the other hand, if you wait for the declarations and a truer reflection in the odds and your horse doesn’t run, you’ll get your money back.

Bet Safely With Each Way Betting

Whether you’re putting your money on the ante-post market or waiting until closer to the race, make sure you utilise the E/W option when placing your bet. What does E/W mean? Each-way. You double your stake to have the security of still pocketing a percentage of your winnings if your horse finishes second rather than first. If you’re feeling bold you can go E/W on those better ante-post odds too…tempting right?

Choose Races to Bet On

If you’re not a horse racing aficionado, it doesn’t matter. The simplicity of the Paddy Power application lends itself to you. They list the big races from each of the four days of racing at Cheltenham, meaning you can still get your money on in the races of the day regardless of your knowledge level! So, whether you’re having a punt on the Champions Hurdle, Champions Chase, Stayers’ Hurdle or the Gold Cup you know that Paddy Power will have a market for it.

Request Your Bet with #WhatOddsPaddy

Even if you’ve never bet with Paddy Power, you’re sure to have seen them causing mischief on social media. Which is where another of their platforms greatest assets lie. If you wanted to be adventurous and try and get your own bespoke market to bet on – go for it with Paddy Power’s “request a bet” feature. All you need to do is tweet Paddy Power with your desired market with the hashtag of #whatoddspaddy.

They will reply and pass it onto their traders, who will see if they can price up the market for you. Alternatively, you can find other peoples request odds, if you’re struggling for creativity. It is worth noting that it is well worth doing this in advance of the event/s you want to bet on as the offer could take a while to go live on the site.

Watch Races Online

Another nice touch using Paddy Power over the Cheltenham Festival is that as long as you’ve staked a minimum of £1 in the race you want to watch, you’ll see a button ‘Watch Live’ – click that, and, away you and your chosen horse go. Paddy Power live streaming is also available on your mobile via their app, so if you’re on the go, make sure you can hook up to some WiFi – or that you’re standing still while you have 3/4G signal!

Collect Your Winnings

When, not if, you’ve made some winning bets you may look to withdraw the money. Again, as has been the case throughout the process, it couldn’t be simpler with Paddy Power’s withdrawals. As long as the funds are in your main wallet (rather than your Poker account) you can withdraw funds. Paddy Power withdrawal times vary between 2-5 working days, but they’ve come up with a unique way you can access those winnings straight away! How? With the Paddy Power Cash Card!

Simply go into your local store to request one, then follow the instructions to link it to your betting account. This card will be linked to your main wallet, so if you’re on the move and you fancied utilising the winnings you’ve earnt – you can! No need to wait around waiting for your money to be withdrawn; use your Cash Card to withdraw the cash in any Paddy Power store!

Mobile Betting

Stick with the theme of being on the move, Paddy Power offers both Android and iOS devices the ability to bet on the go. In-keeping with their simple way of doing things, both interfaces are easy to navigate. However, like most apps – in particular the densely populated betting apps, they’re prone to occasional glitch. One annoyance is that there are separate apps for the sports/casino/gaming apps, but, in terms of getting your bet on your chosen horse/s this Cheltenham – both apps are solid if not unspectacular.

Paddy Power Android App

Starting with the Android app, it’s straight forward to get the app and starting betting on your device! Search for ‘Paddy Power’ on the Google Store and you’ll find the free app, download it and you’ll almost be ready to get going.

You can login/register in the top right-hand corner of the Paddy Power Android app. If you’re a new customer, you’ll qualify for their up to £10 money back in cash, meaning that you can place a bet on the races at Cheltenham, or any other sport, and if it loses you’ll get your stake refunded as cash up to £10.

The interface is clean and not overbearing – the pages are easy to follow whether you’re looking for the next live race, or, a weekend football fixture. You can easily keep track of with your betslip and account in the top right-hand corner.

The only downside is to the Paddy Power mobile app is that for gaming and casino fans, you’ll unfortunately have to download the stand-alone app for both avenues.

Paddy Power iOS App

Much like with the Android version, there is an app for those using iOS devices. All you need to do is go onto the App Store, search for ‘Paddy Power’ and the free app will be at the top of the listings. Please note you’ll need iOS 8 or higher to run the app though.

Much like the Android version, the interface is clean and easy to navigate through. Whether you’re looking to be able to keep up to date with your bets on Cheltenham, or, you’re looking forward to getting a bet on elsewhere. Everything can also be easily kept track of with your betslip and account in the top right-hand corner.

Unfortunately, like the Android version, the main app doesn’t include the gaming and casino features, so if that’s where you want to put your money, you’ll have to download the separate apps.

One plus point it does have over the Android app is that it seems to run smoother, and, not freeze as often during peak betting. For those who want to be on the move, but, perhaps on a slightly larger device, you’re in luck – there is a Paddy Power iPad app too!

Paddy Power Cash Card Plus

There is another avenue much like this too which the bookie has introduced, the Paddy Power Cash Card Plus. If you liked the sound of the cash card, but wished it could be utilised outside of their stores then this is your answer and all you have to do is request a card via your account.

You can have both cards, as they’re used for different reasons. The easiest way to explain is that the Cash Card is used for depositing and withdrawing within stores, whereas the Cash Card Plus is for utilising those winnings whilst out and about.

So, if you pick a winner on the Champions Hurdle whilst you’re out living your life, then the treats can be on you as with the Cash Card Plus as you’ll be able to use this as you would any normal debit card. It’s just linked to the money in your main wallet. Simple, but genius!

Paddy Power Customer Service

Paddy Power has an excellent support page and has a great reputation for helping its customers. A search bar is available and many times simply typing in your query will yield results, while there is a ‘top 5’ FAQ section too.

The ‘Ask Paddy Power’ twitter account at @AskPaddyPower is probably the quickest way in the modern age to solve a query, while telephone lines and live chat features are unfortunately not encouraged.

In fairness it seems to be very easy to resolve problems with the customer service team, while when you do receive a response it tends to be very quick and handled by a well-trained and friendly customer service professional. Support is available 24 hours a day, while the general support page on the main website is very thorough indeed.

Other Paddy Power Markets

If you were looking past the Cheltenham Festival, it’s worth sticking with the Paddy Power as they also offer great deals and promotions on most other sports. None more so than their early pay-out scheme, which often sees them paying out on markets which haven’t even been settled! A good example of this is if your side goes 2-0 up in a Premier League game. Not bad at all if you fancied having the occasional flutter on the football post-Cheltenham.

With all of this in mind, whether you’re a new or existing customer of Paddy Power’s it’s worth riding with them and getting the most for your money this Cheltenham Festival. All the best!

New customers only. 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 Apple Pay will qualify for this promotion. T&Cs apply. Paddy’s Rewards Club: Get a £10 free bet when you place 5x bets of £10+. T&Cs apply.

Frequently Asked Questions About Paddy Power

WHAT IS THE MAXIMUM PAYOUT AT PADDY POWER?

This depends on the level of race you’re betting on, so keep that in mind. For Class 1 and Class 2 races PP will pay out up to £1million. For Class 3 & 4 races the max is £250,000 and for lower classes the most is £100,000. This will not be an issue at the Cheltenham Festival.

DOES PADDY POWER HAVE THE BEST ODDS?

No one bookmaker can claim to always have the best odds on offer, however PP is well known in the industry for being fair in this matter. Customers should always compare however.

CAN YOU CASH OUT FREE BETS ON PADDY POWER?

Free bets cannot be cashed out with Paddy Power, nor with any other bookmaker. If you are betting with a free bet, the race or event will need to fully play out before any winnings are settled.

CAN I WITHDRAW FREE BET WINNINGS ON PADDY POWER?

Where free bets and bonus amounts are concerned, there will always be a wagering requirement to fulfil before you cash out. Each deal will have its own T&C’s, so it is important to read these before joining in.

WHAT DOES ‘BEST ODDS’ MEAN AT PADDY POWER?

This can mean two things. PP may claim to offer the best odds versus certain other bookmakers on a given race, while ‘best odds guaranteed’ means that when you accept a price and your horse ends up winning at bigger odds, you will be paid out at the best price.

CAN YOU DO A PLACEPOT AT PADDY POWER?

Tote placepot betting is still available at Paddy Power, including via their mobile app.


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