Palmerbet

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Palmerbet Review

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 to compete directly 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.

Table of Contents

  • Newcomer Bonuses
  • Background
  • Odds and Markets
  • Website
  • Mobile App
  • Palmerbet Horse Racing Products
  • Mobile App Products
  • Palmerbet Pros and Cons
  • Customer Support
  • FAQs
  • Conclusion

Newcomer Bonuses

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.

Background

For over three decades, Palmerbet has dominated the betting scene in Australia, and the launch of its 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 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.

Website

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.

Mobile App

Palmerbet is also accessible through a dedicated mobile app. And while it might not the best compared to mobile apps of major bookmakers in Australia, it still serves its purpose. The app is available for download for both Android and iOS mobile devices. The mobile app can be downloaded on Android devices from the Palmerbet website, while it is available for download in the App Store for Apple devices.

In particular, the Palmerbet app is very easy to use. Navigating between sport and racing venues is straightforward and quick. The NTJ (next to jump) function in the app is also a handy feature for players placing bets in multiple events. Placing bets using the app is also easy and quick in a couple of clicks.

Unfortunately, there isn’t a form guide that customers might find handy when navigating through the app for the first time. It also lacks some advanced features such as a handy pin login, live streaming, cashout, and PayPal support.

Palmerbet Horse Racing Products

Palmerbet aims to give all its customers the best betting experience, especially through the wide range of horse racing products it offers.

  • Win/Play fixed
  • Best of the Best

This offer is available on all Metropolitan meets on Saturdays, which ensures the highest dividend. Betting using this offer is available 3 minutes before every horse race, and with a maximum bet of $250 per runner.

  • Best Tote

This product guarantees a bonus for a win of place, which is equal to the highest earnings for a win or place of all the three Australian totalizers.

  • Best of Two

This offer ensures a winning profit that is equal to the highest win amount of the SUPERTAB and NSW totalizers.

  • Tote + 5%

This bonus will be paid as the winning for the SUPERTAB tote along with the percentage bonus, which is 5% of the winning bet.

  • Tote + 10%

This bonus will be paid as the winning for the SUPERTAB tote along with the percentage bonus, which is 10% of the winning bet.

  • Best Tote + SP

This offer ensures a win bonus that is equal to the highest win profit of all the three Australian totalizers along with the Starting Price (SP) of the bookmaker. However, this product is only available for select races.

  • Middle Tote

This offer ensures a win bonus that is equal to the second higher win profit for all three Australian totalizers.

  • Top Fluc

It guarantees the best price bet for the meeting that the player is betting on. The Australian Pricing Network defines the earnings. But, Top Fluc bets, in any case of scratching, will be subjected to deductions.

Mobile App Products

Some products and offers in Palmerbet are only available for use when betting through the app. These give app users a better betting experience.

  • Palmerbet Rewards

This bonus is given to players who can pick winners in some sports events or Australian horse races.

  • Multi Express

This offer gives an easy and quick multi bets access for players for several thoroughbred races and sports matches.

Palmerbet Pros and Cons

Pros:

  • Good deposit options
  • Easy verification and sign up
  • Fast navigation
  • Concise odds display

Cons:

  • 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

Customer Support

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.

FAQs

  1. How to start betting with Palmerbet?

    Before you can start betting with Palmerbet, you need to sign up and create your betting account first. But there is no need to worry as the sign-up process is quick and can be done In just a few minutes. Through the sign-up form in the Palmerbet website or the app, you have to put in the required personal information, then deposit funds so you can start betting.

  2. Do I get a bonus if I sign-up at Palmerbet?

    Sadly, there is now a law that prohibits bookmakers from offering a sign-up bonus to new customers. However, you can get a bonus once you made an initial deposit to your account. The bonus you will get will depend on how much you deposited.

  3. How can I fund my Palmerbet betting account?

    There are several ways to deposit to your betting account in Plamerbet. The site supports payments made using credit and debit cards, as well as POLi, without any transaction fee and with a minimum deposit of $10. Deposits made through these methods reflect on your account instantly.

    You can also fund your Palmerbet account through bank transfer and BPAY, although the process usually takes one to two business days to complete, and the transaction fee will depend on your bank.

  4. How to place a bet with Palmerbet?

    Placing a bet with Palmerbet is easy and quick, thanks to its beginner-friendly interface. Once you have logged into your account, select a market, then the sport, league, and the outcome you want to bet on, and it will be added to the bet slip you can find on the top right corner of the site. Then, enter your desired wager and click the “Bet Now” button to finish. Once all of that is done, you need to sit back, relax, and wait for the result.

  5. Can I live stream races at Palmerbet?

    Sadly, no. One of the major features that bigger bookmakers have that Palmerbet lacks is live streaming.

  6. Are there any Palmerbet specials I can use?

    There are several options for Palmerbet special for every customer, and some are available all year round. But some specials pop up once in a while and only available for a limited period, usually in special events like the Spring Racing Carnival.

Conclusion

Although Palmerbet is new in the industry, it has become one of the promising online sports betting platforms in Australia. The interface of the website is intuitive and well-designed, which gives seamless and quick access to all racing and sporting markets for punters. And while it might not have the broadest sportsbook like other major bookmakers, the selection that Palmerbet offers is more than enough for casual punters.

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