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Paddy Power has several promotions on offer

By admin on 2009-08-22 09:48:26

Paddy Power have a number of incentives on the go at the moment including sign up bonuses, loyalty points and daily and monthly promotions, so it might be useful to give you an update. To start with, the sign up bonus of up to €150 which is awarded in two stages; the first stage is a 100% match of your initial deposit up to €100 which is awarded automatically within 48 hours. Once granted you have 15 days in which to qualify for the bonus to be turned into playable cash and you do that by staking 26 times the bonus amount. If for example you made an initial deposit of €50 you would be credited with €50 in your account but it is not playable cash until you have wagered 26 times €50 = €1300. Also note that only stakes on Slots or Leisure games count, not those on table games or video poker. The second stage of the bonus must be applied for using the promotion code ppmatch and is 50% of your second deposit up to €50 but as above there is a qualification to be met before you can turn the bonus into playable cash. To qualify for the 50% bonus you will need to play your second deposit plus the bonus 52 times so if you made a second deposit of €50 you would receive a bonus of €25 but would have to stake 52 times €75 = €3900 in order to qualify. In addition only stakes on certain games are eligible and you only have 15 days in which to qualify. For detail see the complete terms and conditions on the Paddy Power site. This might all sound quite complicated but as we have said before,  join a casino for pleasure and entertainment and if in the process you qualify for a bonus so much the better. Having said that, playing 26 times the bonus is not as tough a qualifier as some online casinos who demand playing 40 times your bonus or even more. Purely mathematically speaking if you wagered the €1300 in the above example on slot gaming and the payout was 95% you could expect to lose 5% of the €1300 which is €65 and then you get a bonus of €50 which nearly covers your losses. We hasten to add that this is purely a mathematical exercise and your return on wagers of €1300 could be vastly better or worse than the example.

Moving on to daily bonuses, Paddy Power offer different ones depending on whether you are an “instant” player or a “download” player so check the site for details. On Mondays for example the instant player bonus is on slots and it is a 100% deposit match up to €100 with the usual provisions of staking multiples of the bonus before you can use it (in this case 32 times) whereas the download player bonus is on Roulette and is a €250 bonus for the player who stakes the most during the 24 hour period. Daily bonuses range from €10 to €1000.

Lastly a word about Loyalty Points; these are awarded according to the amount wagered and can be turned into cash available for betting but quite frankly it is nothing to get excited about. If you play table games the loyalty points will earn you about 0.1% of your stake and this rises to 0.2% for slots and leisure.

If you are going to play an online casino sign up to the well respected Paddy Power casino and maybe you can qualify for one of these many bonuses.