Palmerbet Bonus & Review

Palmerbet Sports Betting Online Bonuses

Palmerbet does not currently offer welcome or no deposit bonuses. This is due to Australian legislation, which restricts incentives for new customers signing up to online betting sites.

That’s why I was thankful to see that Palmerbet offers plenty of daily and weekly promotions. These change frequently and are available in the “Promotions” tab after signing up. This is what makes this platform one of the best for online sports betting.

These are some of the promotions I was able to see available at Palmerbet.

Bonus bets

The best online gambling sites usually offer bonus bets, so as a well-established online betting site, I expected Palmerbet to do the same. It didn’t disappoint.

Palmerbet awards bonus bets, which is a great feature. Bonus funds are located under the “Total Bonus Balance” tab. After adding the selection to my betting slip, I am able to use the bonus balance instead of regular funds.

Winning bets have the profits returned but not the original stake. This is quite normal for this kind of bonus. There is no turnover requirement when it comes to bonuses, which is a plus compared to sites that can make it difficult to actually withdraw bonus winnings.

Cash Out

This feature is not always available, even at the best online sports betting platforms. This feature is one that I find to be useful, and I’m glad it’s available at Palmerbet.

Cash Out means that I can take a payout on fixed odds bets before the event has concluded. If I do so, I’ll receive the difference between my original bet and the cost of the bet in that moment, whether by less or more. It’s one of the many flexible betting options available on the site.

Bookie Bag

This feature is, in my opinion, one of the top draws of Palmerbet as an online betting site. Their ‘Bookie Bag’ more than makes up for the lack of welcome bonuses. It grants me access to a full range of promotions and specials available for online sportsbooks that accept Australian players.

• Price Push – A daily promotion that gives better odds on fixed-odds horse or dog race selections.

• Race Rescue – A daily special that refunds stakes if I get bad beat on a racing bet. When active, this means if my horse is ahead for most of the race and then loses, I get my stake back.

• Game Saves – This is similar to Race Rescue but for sports betting online. Once active, the original stake is refunded if sports teams in certain leagues are ahead and then lose.

• Multi Guard – This one saves against bad beats. If I won two legs out of a three-leg multi, such as an accumulator, then fell on the third leg, I would have my stake returned.

• Price Protect – Available when placing a bet on horse races online for Australian events, this special offer is always active and guarantees the best payout between the fixed price odds and the final Top Tote price.

Sports Betting Bonus Codes and VIP Programme

In line with Australian regulations, Palmerbet does not currently offer any welcome bonuses. I don’t see any bonus codes available for the online betting platform. It was simply a case of signing up and seeing what promotions were available in my account.

Palmerbet doesn’t have a formal VIP program, but special bets are awarded on a regular basis and it looks like bonus bets will also be frequently available.

Palmerbet Online Betting Options

Founded by rails bookies, it was little surprise to find that Palmerbet specializes in providing a place to bet on horse races online. The markets for online horse betting are expansive, especially when it comes to Australian events. As well as traditional horse racing, I found lots of options for harness races and dog races on the site.

Palmerbet seems to cover all Australian and New Zealand based horse racing events. When it comes to these events, the full range of markets and features are on display. This includes predictions, online horse betting tips, speedmaps, runner comments and form guides. International betting options and features are a little more limited.

All in all, Palmerbet seems to be one of the best places to bet on horse races online, especially if I was based in Australia.

Palmerbet Sportsbook

Knowing that the platform focuses on those who want to bet on horse races online, I started to notice how many different sports were also available on this Aussie sportsbook online. It may not be one of the best online sports betting sites, but Palmerbet covers over 25 major sports leagues, which is substantial for a smaller platform.

I found NFL, NBA, EPL, tennis, cricket, UFC, boxing, and many more. There are also several entertainment-based betting options, such as on award ceremonies. The company says that they want to cater to as many betting markets as possible so custom bets can be taken over the phone.

Palmerbet Live Sports Betting

Live betting is not available on Palmerbet. Again, this is in line with Australian legislation for Australian licenced online sportsbooks. The laws prevents live sports betting online. Live betting is still available over the phone, and Palmerbet says that it will do its best to accommodate any betting market.

Palmerbet Race and Sports Betting on Mobile

Palmerbet has a mobile app available for both iOS and Android. It has a no-frills design and is easy to navigate. With the app, it’s possible to find markets and place bets, whether at home, on the move, or even in the stands. Anyone wondering what is the best sportsbook in Australia will be happy with this site.

I noticed that there are a few features available that are more prominent on the app. Promotions are available straight from the homepage. The Next To Jump (NTJ) tab leads straight to upcoming races with one click. The Multi Express tab leads quickly to multi-bets.

The app is simple in design and function but has everything needed for online betting on the move.

Palmerbet Payment Methods

I find that payment methods, and the ease and security of transactions, is one of the most important factors when it comes to the best online sports betting and online horse betting sites.

Palmerbet offers a wide range of deposit options, including credit card and Polo, the popular Bpay, and bank transfer. The minimum deposit amount is $10 for credit cards and $25 for Polo and Bpay. The one downside is that I would need to turn over any deposits before making a withdrawal, but they only need turning over once.

When it comes to withdrawals, the options are more limited, although they are very secure. Withdrawals are by credit card or direct bank transfer. The minimum withdrawal is only $10, which is a plus point.

Palmerbet Withdrawal Times

As long as my account and payment methods are verified, the withdrawal process is very quick. The specific time withdrawals take depends on the method used as well as the location. Bank transfers in Australia take 48 hours. Credit card transfers take 2-3 business days. International bank transfers outside of Australia usually take 3-5 business days.

Palmerbet Customer Service

I found it incredibly easy to find contact details for Palmerbet and to get help. This includes the company’s email address, but more importantly phone lines for both help and for online betting. Although the company lacks a live chat function on its website, it’s reassuring to be able to talk to the customer service department over the phone.

• Email: [email protected]

• Helpline: 1300 12 HELP

• Betline: 1300 123 BET

Palmerbet Racing and Sports Betting Online License

Palmerbet is an online betting company that is owned and operated by Palmer Bookmaking Pty Ltd. A glance at the website reveals that the company is licenced and regulated by Racing NSW and by the NSW Office of Liquor, Gaming, and Racing. The company is also financially guaranteed by NSW Bookmakers Cooperative.

These are all the credentials I need to see to know that the company is operating within the legal parameters needed to protect its customers. It is a fully licenced site for online horse betting, dog race betting, and sports betting online.

Problems With Palmerbet

I managed to find a few small negatives to Palmerbet. Most obvious is the lack of live features. There is no live betting, no live streaming services for sports and races, and no live chat for customer service. I expect the site will add these features in the future.

Palmerbet has hundreds of markets for Australian horse races, dog races, and sports events. Typically, there won’t be as many markets available for international events. Withdrawals are also faster for those living in Australia. As such, Palmerbet is one of the best online sports betting sites for Australians or those interested in betting on Australian horse or dog races.

Palmerbet FAQs

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