Commercial content | New Customers Only | 18+
This Palmerbet review will aim to provide a full overview of the best betting features at Palmerbet. Palmerbet is an Australian owned and licensed bookmaker in New South Wales, Australia. They’re an approved betting operator for the AFL, ARU, Cricket Australia, Tennis Australia and NRL.
Continue reading for an overview of their welcome bonus, betting markets, odds, promotions and more.
|Palmerbet review||Our rating|
|Live betting & streaming||2/5|
Palmerbet Welcome Bonus: 5/5
The Palmerbet Welcome Bonus of $500 is one of the largest in the Australian bookmaker industry. The welcome bonus is a matched deposit bonus bet and Palmerbet will provide a single bonus bet of the same initial deposit value up to $500. In comparison with their competitors, Palmerbet are providing an impressive incentive for signing up as a new customer.
As with all bonus bets in Australia, the Palmerbet welcome bonus is not available for customers in New South Wales, Victoria, South Australia and Western Australia. In addition, turnover requirements apply for this bonus bet. This means that any bonus bet winnings will need to be bet with at $1.80 odds or more. This is a high turnover requirement but this explains why they’re offering a $500 welcome bonus. They also have a $75 bonus bet offer when you deposit $25. Use the relevant promo code for each one when registering, see more info here.
Betting markets: 4/5
Palmerbet covers both racing and sports evenly through their website, mobile app and promotions.
For sports betting fans, Palmerbet are always offering specials for the latest sports events. During the AFL and NRL seasons, they offer promotions such as money back specials if your bet loses after a certain time. On occasion they’ll offer a price boost for Australian sports, such as offering $6 odds for Jeff Horn’s fight in 2017. Furthermore, they have betting markets for all major sports and provide a decent range of future markets.
In terms of horse racing at Palmerbet, they provide future odds for the bigger races – such as Melbourne Cup and Cox Plate – well in advance of the event. They have a nice coverage of betting markets for racing in Australia and overseas.
In this section, we’ll review the odds provided by Palmerbet. For betting on horse racing, Palmerbet provide ten different racing products – such as: Best tote, Tote + 10%, Top Fluc and Best Tote + SP (to name a few). As mentioned previously, they also have odds available well in-advance of popular racing events in Australia. While for sports betting odds, they provide regular price boosts per week on popular upcoming events.
In our Palmerbet review, we found that they generally provide better odds for the underdog. We compared their odds with the likes of Sportsbet and William Hill for the odds comparison. You’ll find Palmerbet can offer almost $3 more for an outsider in sports such as AFL. However, the odds for the favourite are slightly less as a result. If you’re looking for better odds on the outsider, Palmerbet is a great choice.
Mobile App: 3.5/5
Palmerbet has a mobile app available for download on Apple and Android mobile devices. The app can be downloaded on an Apple device from the App store. While on Android, it can be downloaded from the Palmerbet website. After downloading the app, you can register a new account via the mobile app. The mobile app features the same betting promotions and they can be found on the homepage of the app.
The betslip is located in the top right corner and can be accessed on every page. In terms of betting markets, the app has a huge range of odds for all popular sports and racing. They have future and exotic markets available as well. The app also features the same deposit and withdrawal options as the desktop website. You can even save your credit card details for quick depositing. In our Palmerbet Review, we found the app does lack a few advanced features, such as: pin login, cashout, live streaming and PayPal – to name a few.
Live betting & streaming options: 2/5
Currently one of the major lacking features at Palmerbet is live streaming. They don’t provide a live streaming option and they’re behind the competition in this area. However, live sports betting is a feature at Palmerbet and you can bet live on a range of sports. At the time of writing this Palmerbet Review, we couldn’t live bet on Wimbledon and it would seem that live betting is only for popular sports in Australia such as AFL or NRL. They also don’t have a cashout feature and they’re falling behind the competition in this regard as well.
Payment options: 3.5/5
In the table below, we’ll provide an overview of the payment options currently available at Palmerbet.
|Payment method||Minimum deposit||Transaction fee||Processing time|
|BPAY||Check with your bank||Check with your bank||1-2 business days|
|Bank Transfer||Check with your bank||Check with your bank||1-2 business days|
The Credit Card or POLi options are the best choices as they provide instant funding. Also compared to the bank transfer and BPAY option, they have a smaller minimum deposit amount. Palmerbet are currently missing a popular payment option of PayPal.
Customer service: 4/5
|Contact method||Customer Support||Telephone|
|Access details||1300 12 HELP||1300 123 BETfirstname.lastname@example.org|
|Availability times||Monday to Saturday|
8AM to 6PM
|Monday to Saturday|
8AM to 6PM
Palmerbet’s customer service is available from 8am to 6pm on Monday though to Saturday. We would like to see Sunday added to this list in the future. They’re also missing a live chat option. They have a useful FAQ section and they provide answers for the most popular questions. This saves you time from waiting for an answer from the support team.
Overall rating: 3.5/5
In the end, this Palmerbet review offered a full summary of the advantages and disadvantages of betting at Palmerbet. They lack betting features such as cash out, advanced live betting, PayPal deposit option, live chat service and live streaming. However, Palmerbet makes up for this by providing a wide range of promotions on latest sports and racing, as well as price boosts.
They also come recommended for betting on racing as they provide 10 different racing products. As well as future markets for popular, upcoming horse racing events in Australia. If you’re looking for a new Australian bookmaker, take up the generous welcome bonus from Palmerbet and enjoy the benefits.
|What we like||What we don’t like|
|👍Huge welcome bonus for new customers||👎Higher turnover requirements|
|👍10 Racing products||👎No Live streaming and limited live betting options|
|👍Price boosts for sports||👎No live chat|