Updated September 29, 2026 · WagerCue Editorial Team
Codere MX vs paf
Codere MX
paf
Higher score in this comparison
Codere MX vs paf: the differences
| Compare | ||
|---|---|---|
| Welcome offer | Welcome bonus up to 7,000 | 10 super spins (casino) or 2 x 5 EUR free bet (betting) |
| Regulators | Direccion General de Juegos y Sorteos (SEGOB), Secretaria de Gobernacion (SEGOB) | Aland Islands provincial government (Landstinget) |
| Minimum deposit | MX$100 | €10 |
| Withdrawal time | Immediate for cash/Book withdrawals | Real time to bank account |
| Payment methods | Visa/Mastercard, American Express, Mercado Pago, SPEI transfer, Paynet, Paysafecard, OxxoPay, Todito Cash, AstroPay, 7 Eleven, Circulo K, Walmart, Cash at Codere Book | Nordea, Osuuspankki, Danske Bank, Alandsbanken, S Bank, Aktia, Saastopankki, POP Pankki, Oma Saastopankki, Siirto, MobilePay, Apple Pay, Zimpler, Skrill, Revolut |
| Wagering requirement | 3 | 0Lower |
| Responsible gambling tools | Deposit limits, Self exclusion | Deposit limits, Cool off, Self exclusionCovers more |
| Sports markets | Not confirmed | Ice Hockey, Football, Tennis, Basketball, Esports, Table Tennis, Volleyball, Formula 1, Cricket, UFC/MMA, Winter Sports, American Football, Motorsports, Baseball, Chess, Handball, Pesapallo, Boxing, Darts, Golf |
| Restricted countries | Not confirmed | United States, Russia, Turkey |
| Wagering applies to | Deposit plus bonus | Not confirmed |
| Bonus match | 100% | Not confirmed |
| Maximum bonus | MX$7,000 | Not confirmed |
| Bonus types | Not confirmed | Free bet |
Same on both: ID checks (Required), Sportsbook type (Bookmaker).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- paf scores higher overall: 9.4 vs 9.3.
- Regulators: only Codere MX offers Direccion General de Juegos y Sorteos (SEGOB), Secretaria de Gobernacion (SEGOB).
- Regulators: only paf offers Aland Islands provincial government (Landstinget).
- Responsible gambling tools: only paf offers Cool off.
- Founded is lower at paf: 1966 vs 2008.
- Payment methods: only Codere MX offers Visa/Mastercard, American Express, Mercado Pago.
- Payment methods: only paf offers Nordea, Osuuspankki, Danske Bank.
- Support channels: only paf offers Chat.
- Wagering requirement is lower at paf: 0 vs 3.
Our verdict on each
Codere MX
Codere MX suits adults in Mexico who want a sportsbook and casino under one account, with a low entry point of MXN 100 and withdrawals that clear immediately at cash locations. The catch is a deposit plus bonus wagering basis on the Welcome bonus up to 7,000.
paf
Paf suits Nordic and Finnish players who want a low-stakes, quick cash out casino and sportsbook run by a long-standing public operator. The €10 minimum deposit and a 0 wagering requirement on the welcome offer keep costs low, and withdrawals are real time to a bank account.
Score breakdown
| Area | Codere MX | paf |
|---|---|---|
| Cost | 9.5 | 9.5A €10 minimum deposit sits close to the site median of €8.77, and the offer carries a 0 wagering requirement. |
| Offer | 9.4 | 9.6Higher |
| Trust | 9.1 | 9.1 |
Licences and countries
| Country | Codere MX | paf |
|---|---|---|
| Aland Islands | Not confirmed |
Additional countries for Codere MX: 1. Additional countries for paf: 1.
How they place
| Ranking | Codere MX | paf |
|---|---|---|
| Betting sites and sportsbooks | 30 of 644 | 21 of 644 |
| Online casinos | 46 of 732 | 35 of 732 |
| Live casinos | 16 of 292 | 11 of 292 |
| Slot sites | 24 of 376 | 18 of 376 |
| Online roulette sites | 10 of 202 | 6 of 202 |
Every fact side by side
| Fact | Codere MX | paf |
|---|---|---|
| Features | Fast payouts, Mobile app | Fast payouts, Mobile app |
| Pricing model | Welcome bonus | Welcome bonus |
| Legal entity | Libros Foranos S.A. de C.V. | Alands Penningautomatforening (Paf) |
| Headquarters | Mexico | Aland Islands |
| Founded | 2008 | 1966Lower |
| Support channels | Email, Phone, Help centre | Email, Chat, Phone, Help centreCovers more |
Casinos
| Fact | Codere MX | paf |
|---|---|---|
| Games | Not confirmed | 8,780 |
| Game providers | Not confirmed | Pragmatic Play, NetEnt, Play'n GO, Red Tiger, Yggdrasil, Playtech, Evolution, Relax Gaming, ELK, Nolimit City, Hacksaw Gaming, Thunderkick, Big Time Gaming, Betsoft Gaming, Gameburger Studios, Kalamba, Octoplay, Paf |
| Live dealer games | Yes | Yes |
| Game types | Slots, Live, Table, Blackjack, RouletteCovers more | Slots, Live, Table, Roulette |
Poker, bingo and lottery
| Fact | Codere MX | paf |
|---|---|---|
| Products | Not confirmed | Poker, Bingo, Lottery |
Where each stands against the rest
| Fact | Codere MX | paf | Median |
|---|---|---|---|
| Wagering requirement | 3lowest quarter | 0lowest quarter | 15 |
| Bonus match | 100%at the median | Not confirmed | 100% |
| Maximum bonus | MX$7,000above the median | Not confirmed | MX$5,250 |
Median across 160 listed gambling operators.
Pros and cons
Codere MX
Pros
- Welcome bonus of Welcome bonus up to 7,000 on a first deposit, matched at 100%
- Minimum deposit of MXN 100 keeps the entry point low
- Withdrawal time is Immediate for cash/Book withdrawals
Cons
- Wagering requirement of 3 on the deposit plus bonus basis, so the turnover target is higher than on bonus-only terms
- Identity checks are required before withdrawals, which lengthens the first cash-out
paf
Pros
- No wagering requirement on the welcome offer (0), which is lighter than most bonus offers in this group
- Withdrawals are real time to a bank account (Real time to bank account), and fast payouts are a listed feature (fast payouts and mobile app)
- Low entry point of €10 against a site median of €8.77
Cons
- Identity checks are required (required), so sign-up involves documentation before a first withdrawal
- The licence is held by a single provincial authority in the Aland Islands (Aland Islands provincial government (Landstinget)), not by a multi-jurisdiction regulator
- Sports betting runs as a bookmaker model (bookmaker) rather than an exchange, so no peer-to-peer markets
Who each suits
Codere MX
Who it suits
- Adults in Mexico who bet in pesos and want sports and casino play on one account
- Players who prefer depositing at retail vouchers and cash points, as listed in Visa/Mastercard, American Express and Mercado Pago
- Bettors who prioritise fast access to funds over a large bonus headline, given Immediate for cash/Book withdrawals
Who should look elsewhere
- Players who want bonus-only wagering terms, since Codere MX counts the deposit as well via the deposit plus bonus basis
- Readers who prefer a free bet offer such as Betclic PL or a match with free spins like doradobet
- Anyone outside Mexico, as the operation is headquartered in Mexico and settles in local currency
paf
Who it suits
- Adults in Finland and the Nordic region paying with local banks or MobilePay (Nordea, Osuuspankki and Danske Bank)
- Casino players who want spins without clearing a wagering condition (0)
- Bettors who want a single account covering casino, sportsbook, poker, bingo and lottery (poker, bingo and lottery)
Who should look elsewhere
- Players outside the Aland Islands, Russia or Turkey, where access is restricted (US, RU and TR)
- Anyone who wants a site with no identity checks (required)
- Crypto-first players, since the payment list is bank and wallet based (Nordea, Osuuspankki and Danske Bank)
Current offers
Codere MX
Current offer
Bonus
Bono de bienvenida hasta 7,000: up to 7,000
Source, checked September 26, 2026
paf
Current offer
Free bet
Welcome bonus: 10 Super Spins (casino) or 2 x 5 EUR Free Bet (betting): 10 super spins / 2 x 5 EUR
Wager free; choose one offer on registration
Source, checked September 26, 2026
Bonus
20 Free Spins: 20 free spins (0.20 EUR/spin)
Play 30 EUR
Source, checked September 26, 2026
Bonus
3 Bingo Tickets: 3 tickets (2 EUR/ticket)
Play 30 EUR
Source, checked September 26, 2026
Bonus
30 Bingo Tickets: 30 tickets (0.10 EUR/ticket)
Play 20 EUR
Source, checked September 26, 2026
Bonus
2,000 Free Spins to share: 2,000 free spins
New casino tournament every day
Source, checked September 26, 2026
Country by country
| Country | Codere MX | paf |
|---|---|---|
| Aland Islands | No | Yes |
| Mexico | Yes | No |
Questions about each
Codere MX
What is the welcome offer at Codere MX?+
New adult players get Welcome bonus up to 7,000 on a first deposit, with the deposit matched at 100%. The offer is a deposit match rather than a free bet, and the terms cover casino and sportsbook play as set out in the promotion.
What are the wagering requirements on the bonus?+
The requirement is 3 and it applies on a deposit plus bonus basis. That means the qualifying turnover includes your deposit alongside the bonus credit, so the target takes longer to reach than a bonus-only requirement would.
paf
What is the minimum deposit at Paf?+
The minimum deposit is €10, which sits close to the site median of €8.77 and below the upper quartile of €11.62. That makes it one of the more accessible entry points among casinos. Banking options start with the regional banks and MobilePay in Nordea, Osuuspankki and Danske Bank.
Does the Paf welcome bonus have wagering requirements?+
No. The wagering requirement is 0, so there is no turnover target to clear before taking bonus winnings out. The offer itself is 10 super spins (casino) or 2 x 5 EUR free bet (betting), covering spins for the casino and a free-bet element for the sportsbook. Individual spins and bets can still carry their own stake-return rules.
Other options to compare
Other matchups
Codere MX