Neds Vs Palmerbet - In-Depth Betting Site Comparison

18 Apr 2023
Jake McEvoy 18 Apr 2023
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Neds Vs Palmerbet
This time around, we pit Neds against Palmerbet in a contest that may go either way, as part of our ongoing Battle of the Bookies series. Let’s find out which is the better Aussie bookmaker.
Neds is a popular betting site, born from the brainpower of Dean Shannon, the man behind, which was acquired by Ladbrokes before he set out on this new venture.

It is an online sports betting platform that boasts a slick and user-friendly layout, as well as every feature that a contemporary betting service could possibly provide - all of which sets it apart from traditional bookmakers that seem to still dominate the industry.

After years of successful bookmaking at Sydney's racetracks, Australian business Palmerbet is one of the newer entrants to the internet wagering sector.

PalmerBet, founded in 2013 by Grant, Adrian, and Matt Palmer, three brothers who are all professional bookmakers, has swiftly become a household name among new and seasoned punters.

It’s time to compare these two sites to see which comes out on top in each of the most important factors that make up a top Australian betting site.

Neds vs Palmerbet Comparison

When we compare two betting sites in this Battle of the Bookies series, we always use the same set of criteria to keep things both uniform and fair.

The sections that we look into are the most important aspect of any betting site and we feel they are certainly the most important sections to dissect and compare.

Here is the constant set of criteria that we look at when we put two Aussie betting sites up against each other head-to-head:

Odds Value: We want to know that we're getting the most out of our money, no matter what service we're paying for. When discussing online bookmakers, we are referring to those with the biggest payout potential for our wagers at the best odds.

Available Markets: The more betting markets there are available, the more often you are able to pick markets in which you feel comfortable placing bets, and doing so will streamline your bet slips and enable you to create a more precise prediction.

Betting Features: You can elevate your betting experience with the help of the additional betting features offered by most betting sites. The top online gambling establishments provide players with exclusive features that can't be found anywhere else, allowing their money to go much farther.

Betting App: Nowadays, you can download a fully functional version of the app from practically any online bookmaker for your Android or iPhone. In this specific area of the comparison, a website's competitor is likely to triumph if it lacks a mobile app.

VIP Program: VIP programs are available to repeat sports gamblers at several sportsbooks. In other words, online sportsbooks reward their most "engaged" customers - or those who spend the most money - with exclusive benefits. Each time the betting site with the most generous loyalty program will prevail.

Safety & Security: The security of your personal information is paramount on every website you visit, particularly on betting sites where you could also submit your financial information. The most secure websites will always come out on top in our comparisons.

Payment Methods: A larger variety of deposit options is always appreciated by new consumers at any online gambling site. With so many options for making online purchases, the site that provides the most convenient ones will likely come out on top.

Live Betting & Live Streaming: There are several names for live betting. Some sportsbooks may use the terms "in-play" or "in-game betting" instead. They are all synonyms for the same thing: placing a bet on a real-time athletic event. We prefer sites that provide both this and a live video feed of the event.

Customer Support: Customers are more likely to stay with a company with a solid customer care department. Users might feel more at ease placing wagers when they know their inquiries, concerns, or complaints will be handled quickly and effectively. The greatest betting site will be the one with the most helpful and kind customer support.

Promotions: Although it is against the law for us to disclose specific deals offered by a betting site, we include this section so that we are able to inform you which betting site is better than the other in terms of the promotions that they provide overall.

Licensing and Regulation: If users can verify that a website is real and operating legally, they are more inclined to trust it. Fair play and complete transparency are guaranteed by the regulations and laws that regulate legitimate betting sites. In order to legally operate in Australia, gambling sites must get the required licencing.

Responsible Gambling Practices: You can locate "Responsible Gambling Policies" at the site's footer on most betting sites. These stress the need for responsible gambling and pinpoint interventions for problem gamblers. Whichever site in our comparison seems to care more about their customers will earn the point in this category.

Our Verdict: Neds vs Palmerbet

Before we detail our analysis of each of the aforementioned criteria, we’ll being you the overall conclusion so that you can get the answer you need and head off to what could be your next online betting site.

Here’s our final verdict on how Neds and Palmerbet compare against each other in the most important categories:

  • Best Betting Odds: Draw.
  • Available Markets: Palmerbet.
  • Best Features: Neds.
  • Mobile App: Draw.
  • VIP Program: Draw.
  • Safety and Security: Draw.
  • Deposit and Withdrawal Options: Palmerbet.
  • Live Betting and Live Streaming: Neds.
  • Customer Service: Neds.
  • Safer Gambling: Draw.
  • Licensing and regulation: Draw.
  • Best offers: Palmerbet.

With Neds winning in three categories, Palmerbet winning in three categories and the remaining 6 categories ending in a tie, we have the first draw so far in the Battle of the Bookies series.

What this means is that the better of these two bookies for you is the one that best meets your individual preferences and requirements. If you’re looking for more sports, choose Palmerbet. If you like betting on in-play markets, you’ll be needing Neds.

Both of these sites are very capable of looking after you, so if you don’t have any preferences, give both a try and see which one you enjoy spending time with more!

Neds Pros & Cons

Great racing betting features.

Extensive range of sports.

Competitive odds.

Live streaming service.

Esports markets.

Limited live streaming options.

Palmerbet Pros & Cons

Great range of sports.

Several decent racing features.

Esports markets.

Dedicated application.

No racing tips.

Dated design.

No live chat feature.

Comparing Neds vs Palmerbet Betting Odds

In Australia, it’s rare that you see a betting site try to charge more than they should for their services. Across the board, odds and starting prices are competitive with almost all other betting sites in the region and the only time you may see significantly more attractive odds is when promotions come into play.

When comparing Neds and Palmerbet, we found that - as we expected - odds were very similar across all of their betting markets. In some events, it was Neds that provided value and in others it was Palmerbet.

As a result, we have a tie in this first category of the comparison.

What Markets Are Available at Neds vs Palmerbet

First and foremost, we need to establish the number of sports that can be wagered on at each of these sites - and the results are 25 for Neds and 28 for Palmerbet. While this alone is important in this category, it’s not everything.

Within each of the sports that are available on these two sites, we need to know how many markets can actually be wagered on. There’s nothing more disheartening than discovering there are only Winner and Scoreline markets to bet on.

Both of these sites provide a huge number of markets for all of the biggest events, as well as a decent number of markets for the smaller, lesser-wagered competitions.

As a result, we’re going to give this round to Palmerbet, purely because of the number of sports that are on offer.

Which Sportsbook Offers the Best Features?

When comparing the sports and racing betting features that are available on Neds and Palmerbet, we were more impressed with the offerings at Neds.

With their “Neds Toolbox”, “Groups” and “The Neds Level” features, you have all the information you need to make the most informed betting decisions.

Palmerbet does offer some betting features like the Sports Multi Builder, but this is a common feature that we’ve almost grown to expect from betting sites.

Neds is the sportsbook that offers the best betting features.

Does Neds vs Palmerbet Have the Mobile Betting App?

If you prefer to bet using a smartphone or tablet, you’ll be pleased to learn that Neds and Palmerbet both offer dedicated apps for their betting platforms.

Both of these apps can be downloaded and installed on Android and iOS devices, allowing you to place your bets and more from wherever you see fit.

Neds vs Palmerbet VIP Program Comparison

Neither Neds nor Palmerbet offer a VIP program in order to reward their more loyal customers.

To be fair to them, not many Aussie betting sites do and this section of the comparison usually just comes down to the bookie that does offer one.

This isn’t to say that customers aren’t rewarded - there are plenty of ongoing promotions to make the most of - however you are not rewarded for spending more money than the average punter.

Neds vs Palmerbet Safety and Security

Both Palmerbet and Neds request a great deal of personal information throughout the registration process. This isn't done to pry; it's necessary for legal purposes to ensure that you are who you claim you are.

The good news is that this information is encrypted before it is stored, which means that if anybody manages to access the data, they will not be able to understand it.

Both of these sites use strong encryption technology to protect your personal information and payment details.

Comparing Deposit and Withdrawal Options

Neds and Palmerbet are two online bookies that are respected by customers who like a choice of payment methods to use for deposits and withdrawals. They each offer more than the average Aussie bookie.

In a direct matchup, it’s Palmerbet which accepts just one more payment option than Neds and will therefore earn the point in this round.

Here are the payment methods accepted by each of these two sites:


  • Visa
  • MasterCard
  • PayPal
  • POLi
  • BPay
  • PayID


  • Visa
  • MasterCard
  • PayPal
  • POLi
  • BPay
  • PayID
  • Bank Transfer

Live Betting and Streaming Options: Neds vs Palmerbet

With Palmerbet not offering in-play betting markets, this could be the easiest section to judge in this head-to-head so far. To their credit, they do now offer a live-streaming service, but there’s no way to bet on the action while it’s taking place.

Neds, on the other hand, provides in-play betting markets alongside their live-streaming service, which makes for the ultimate online betting experience.

Comparing Neds vs Palmerbet Customer Service

Australia is great at offering customer service in any industry, so it comes as no surprise that we get exceptional service from practically any bookmaker that we need to contact.

The problem is that this often makes it difficult to choose a winner in this category.

Both Neds and Palmerbet offer friendly customer service, with responses received quickly through a selection of contact methods.

The one element that does make this an easy decision, though, is the lack of a live chat feature at Palmerbet, which means this point will go to Neds.

Where Do Neds vs Palmerbet Stand on Safer Gambling

Responsible gambling is extremely important, especially when online betting is becoming so much more accessible. This is why we appreciate betting sites which clearly take this topic seriously.

The Neds Responsible Gambling Policy can be found at the bottom of any page. It highlights the issue, offers helpful advice and provides tools like deposit limits and self-exclusion for those that may need them.

You can read Palmerbet's Responsible Gambling Policy at any time by scrolling to the very bottom of the website. It draws attention to the problem, gives useful information, and, like Neds, equips individuals who may need it with measures like deposit limitations and self-exclusion.

With both sites demonstrating due diligence in this category, we have another tie on our hands.

Where Are Neds vs Palmerbet Licensed and Regulated?

Neds and Palmerbet are licensed and regulated by two of the most prominent licensing authorities in Australia.

Neds has a license from the Northern Territory Racing Commission and Palmerbet has a license from Racing New South Wales. Both sites are regulated to ensure that their services are fair and that customers are always paid out when required.

As a result of these two betting sites having the appropriate licensing and regulation, this penultimate section of this comparison article will be noted as yet another draw.

Does Neds vs Palmerbet Have The Best Offers?

We are, unfortunately, unable to let you know what the exact promotions are on either of these two sites. You’ll need to create accounts with them to find out.

In this section, we simply state which betting site has the best offers overall, which could help you decide which one to register with first.

Our analysis concluded that Palmerbet was the winner in this category, as they have specific promotions which cover a decent variety of popular sports and not just current events.

Neds vs Palmerbet FAQs

Can you have both a Palmerbet and Neds account?

There are no laws in Australia which restrict the number of betting sites that punters can sign up with and the bookies themselves have no say in this matter, either. You can sign up with Neds, Palmerbet and as many other betting sites as you like.

Which Bookmaker has been around longer?

Palmerbet has been around since 2013 and Neds has been around since 2017, making Palmerbet four years older than its competitor.

Do both bookmakers have mobile apps?

Neds and Palmerbet have apps which can be downloaded from the Google Play Store or the Apple App Store.

Which betting site offers the better odds - Palmerbet or Neds?

We found that both Neds and Palmerbet offered competitive odds, with neither standing out as a more generous bookie.

Do Palmerbet and Neds allow for live betting?

Neds offers in-play markets for a variety of sports, however Palmerbet does not. Both bookies do offer live-streaming services on-site, though.

Who offers the better customer service, Palmerbet or Neds?

Owing to their live chat feature, Neds offer the better customer service experience out of these two bookmakers.