Palmerbet is a prestigious member of the Australian betting scene with over 30 years of experience, but it is only in 2013 that the company launched its online betting platform in order to directly compete with newer bookmakers that have come up in recent years. Palmerbet is licensed by NSW and as part of the NSW bookmakers’ cooperative; it is one of only a few bookmakers that are completely Australian-owned.
Palmerbet is also one of a few betting platforms that go out of their way to bring punters the best odds from a cross-section of different sporting markets, and their $500 sign-up bonus is one of the largest on the market.
Some of the Palmerbet promos include a $500 sign-up bonus which is divided into four categories:
- Deposit $500 to get a Palmerbet $500 bonus – when you use the Palmerbet promo code PBRACING500
- Deposit $25 to get a $75 in sign-up bonus bets – that is a 300% match on your deposit
- Deposit $50 to get a $100 in sign-up bonus bets – a 200% match on your deposit
- Deposit $100 to get a $150 in sign-up bonus bets – a 150% deposit match
The best part is that these offers are widely available across four different territories, namely; VIC, WA, SA and NSW, but it’s important to keep in mind that the bonus bet cannot be redeemed for cash but can only be used to place bonus bets.
For over three decades Palmerbet has dominated the betting scene in Australia and the launch of their website in 2013 only served to expand their customer base when they started reaching out to a younger audience. With headquarters at the Canterbury Racecourse, this family-run bookmaker is operated by three of Australia’s foremost on-course bookmarkers. Palmerbet is a reputable bookmarker that is not only licensed by NSW Racing but has the backing of the NSW Bookmakers Cooperative as well.
Odds and Markets
On Palmerbet, you’ll find odds and markets on all types of sporting codes and races, from the traditional to the obscure. Some of the most obvious sporting codes that they have include the horse racing, harness racing, Super Rugby, the NRL and the AFL. Apart from local and national sports, Palmerbet also provides punters with global fixtures in sports like soccer, tennis, cricket etc. Perhaps what sets Palmerbet apart is their commitment to offering superior odds and bigger limits, while their easy-to-use website makes it easy for you to place a bet on any of their wide variety of available sporting codes.
The well-planned Palmerbet website features an accessible interface with well-placed markets and a clear display that makes placing bets that much easier. Right on the homepage section is a selection of the day’s major promotions and offers, as well as the latest odds on an assortment of major upcoming events. Quick links are also available for when you want to check out future sporting events, while the right-hand side of the interface contains a display of the latest offers and promotions and your betting slip.
Also, there’s no need to search for the different sporting codes as they’re all clearly listed on the left-hand side of the menu tab, and they’re categorized into Racing and Sports to make for stress-free navigation. You can also place bets on the go through the mobile version of the website or the Palmerbet app, which is available for iOS and Android.
Palmerbet Pros and Cons
- Good deposit options
- Easy verification and sign up
- Fast navigation
- Concise odds display
- Strict turnover requirements
- No live online betting
- Only $0.50 increments
- Withdrawals can only be whole dollar amounts
- Exotic multi betting not supported
- High margins
Palmerbet is known for its incredibly efficient customer support department, which is made available to punters on a 24/7 basis through email, while telephone support is available between 8 A.M.-6 P.M. from Monday to Saturday. To further beef-up their impressive customer service, Palmerbet has created a Live Chat feature on their website, where customers can chat with a member of the Palmerbet team at any time of the day.