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PaddyPower bookmakers are offering a free bet of up to £10 to all of their new customers. Register on PaddyPower, enter the promo code “YSKAEQ”, bet £10 on your desired sporting events, and, if you lose your bet, the bookmakers will give you a welcome free bet of up to £10 to be used whenever you want without wager or odds requirements.

What do I need to do to get this bonus?

  1. Open an account at PaddyPower
  2. During the registration process, fill in the email, username and password fields.
  3. Enter the bonus code “YSKAEQ” when prompted, and make a deposit of £10. Place a bet on any market you want with no odds requirement.
  4. If you lose your first bet, then you will get a refund of up to £10 from the bookmakers, and you can enjoy it without any specified expiration date.

Pros and Cons:

+ The free bet is quite and requires only a low deposit – £10 
+ You can bet on any sporting event you like
+ There are no odds requirements
– Only customers from UK and the Republic of Ireland  are eligible for this offer
– Only deposits with Apple Pay and Cards qualify for this promotion

Terms and Conditions:

Who can take part?

  • New customers only. Available to residents of UK or Republic of Ireland.

How and when can I qualify?

  • Open a new account using promo code YSKAEQ
  • Deposit a minimum of £10 using a Debit/Credit Card or Apple Pay.
  • Place a Sportsbook bet. For the purposes of this promotion, your first ever settled bet will be counted as the qualifying bet.

What can I win?

  • If your qualifying bet is settled as a loser we will refund you stake in CASH
  • Maximum refund is £10

When will I get my prize?

  • Refund will be processed within 1 hour after the qualifying bet has been settled as a loser.

What else do I need to know?

  • Sign up offers are limited to one per person, family, household address, email address, and shared computer. We reserve the right to withdraw the availability of free bet offers to any customers.
  • Deposits made with e-wallets including Skrill, Paysafe, PayPal and Neteller will NOT count towards this promotion. Only Cards and Apple Pay are eligible.
  • Customers registering through this offer are not eligible for any other sign up promotion.
  • The offer excludes the following bet types: Canadian, Goliath, Heinz, Lucky 15, Lucky 31, Lucky 63, Patent, Super Heinz, Trixie & Yankee.

Other essential stuff:

  • Paddy Power reserves the right in its discretion to exclude and/or limit the availability of the offer to certain customers.
  • The full terms and conditions of also apply to this offer

Bookmaker Rating’s Conclusion

The welcome free bet from PaddyPower is a good opportunity for you to start your journey into the world of betting. You just need to follow the simple steps and, if your bet loses, you can enjoy a £10 free bet gift for whatever sport you want. Have a look at our review of PaddyPower for more detailed information about the bookmakers.  

If you have any questions, the Bookmaker Rating Support Service will be happy to help: [email protected].


  1. Is there a bonus or promo code for PaddyPower welcome offer?
    In order to qualify for this welcome offer from PaddyPower, you need to enter the “YSKAEQ” bonus code, and follow the instructions.
  2. How do I place a bet with PaddyPower?
    On the home page, after registration, you will see a list of sports you can bet on. Choose your sport and then a fixture or event and check your odds. Make your selection, and your bet will be added to your “bet slip”.
  3. What currencies do PaddyPower accept?
    The bookmaker accepts British pounds, and Euros.
  4. Is PaddyPower legal?
    Paddy Power is licensed and regulated by the UK Gambling Commission. Moreover, the bookmakers also have a licence from the Malta Gaming Authorities.
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