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Palmerbet Review

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PalmerBet Review

Palmerbet is one of the few Aussie owned brands that are well established and can be fully trusted as a legal and licensed sportsbook. 

This NewBettingSites review sheds more light on why you should consider betting with Palmerbet and what benefits you can expect to find being registered with them. 

Palmerbet is owned and operated by Palmer Bookmaking Pty Ltd. and complies with all Australian legal requirements. They are regulated by the NSW Office of Liquor, Gaming and Racing regarding sports betting. Read on for our full bookie review on Palmerbet.

Palmerbet Overview

For over 30 years, the Palmerbet name has been synonymous with the Sydney betting rings and has now joined the online betting space in full force. They are a 100% Australian-owned and operated family business and aim to offer punters something different. 

Get maximum value with Best of the Best (BOB), Top Fluc, and get more bang for your bet with The Bookie Bag. These are just a few of the many features punters can enjoy as customers of PalmerBet. 
Their online betting site is secured with SSL, they tick all the boxes for legal requirements, and bettors can bet with confidence when registered with this veteran bookie. 

Palmerbet Referral Code

There is no requirement to insert a promo code when joining, but if you do get requested to add one you can use BETSAU. There is no sign up offer, but you get access to all promotions and offers once signed up to be a member.

Palmerbet Australia Rating

SITE RATING
8.0
HORSE RACING
8.0
SPORTS BETTING
7.0
CUSTOMER SERVICE
8.0

Palmerbet Review Verdict

Palmerbet is a solid bookmaker and covers all the essential aspects of sports betting on their online betting site. They offer markets on all leading domestic sports, including horse racing, harness racing, greyhound racing, AFL, NRL, Super Rugby, and global sports such as soccer, cricket, tennis, ice hockey and more.

We were impressed with the high quality of betting promotions (for sports and racing), and we like their blog with detailed betting previews, tips, and guides. Many specials are on offer (like futures and props), and the same game/race multi options and a cash-out feature are also available. 

Even though they don't currently offer live streaming of sporting or racing events (which isn't ideal as most other online bookmakers have this feature), we at NewBettingSites still highly recommend them and believe that Palmerbet is a bookie worth joining!

Pros

  • 100% Australian owned, family operated business
  • Founded by rails bookies with great track-side heritage and experience
  • Great range of promotions/specials each week
  • Competitive odds
  • A secure and fast website with easy sign-up and verification 

Cons

  • It does not have a live chat option yet
  • No live streaming

Palmerbet Terms and Conditions

  • Only Australian citizens are eligible to register an account with Palmerbet.
  • It would be best to register and bet if you were 18 or older.
  • Palmerbet does not offer any sign-up bonus or inducements.
  • WA and SA residents cannot participate in any of Palmerbet’s promotional offers. 
  • Click here to view full general, promotional, and payout Terms and Conditions. Wagering requirements are specified for each game individually.

Betting Markets and Odds for Palmerbet

Palmerbet generally has high odds (like racing special $1.95 lines & Best Tote odds). Great odds and promotions are available on all the major sporting competitions in Australia and worldwide, including betting on NRL, AFL, EPL, BBL, NBA, NFL, and MLB. 

Palmerbet stated their "commitment to offer better odds and bigger limits" when they launched, and we can see that value odds can definitely be found on their website.

Palmerbet Live Betting and Streaming

Presently, Palmerbet does not offer live streaming, but we are optimistic it will soon become part of their product features. In selected markets, in-play betting is available, and all Australian residents have to place in-play bets via telephone legally. 

Horse Racing Betting with Palmerbet

Horse racing betting is the forte of PalmerBet, and they have both local and international thoroughbred, greyhound and harness racing events on offer. 

They have hundreds of markets available and Futures and Jockey Challenges with very competitive odds. We especially like the Quick Multis feature, which allows you to place your sports multi faster than ever.

Keep a close eye on upcoming exclusive Palmerbet promotions on the promotions page, which will be available from time to time for some of their bet types (including exotics). They are currently offering racing bonus bets for selected markets and win/place. Fixed price betting is usually available on all Australian and International racing (thoroughbred, harness and greyhound).

Race betting options include:

  • Best of the Best (BOB) - get the best of all 3 Totes plus the top fluctuations of on-course bookies on selected metro meetings (up to $500)
  • Quaddies, Trebles, Daily Doubles
  • Best Tote (win/place)
  • Best of Two - NSW & STAB (win/place)
  • Tote + 5% (win/place)
  • Top Fluc
  • Futures Betting (Aussie and international)
  • Trainer/Jockey Challenge
  • Best Tote + SP
  • Middle Tote  (win/place)
  • Exotics, such as exactas, quinellas, trifectas, quaddies and first fours
  • Multis
  • Pre-Post Markets
  • Place Cards - Like a Quaddie but for the place
  • Other Niche Markets (Head To Head markets, Odds vs Evens Markets etc.)

Sports Betting with Palmerbet

Palmerbet has all your sports betting needs covered, and customers can enjoy bigger odds, great promotions and a vast range of markets for all their favourite sports. There is an extensive range of markets and bet types, including head to head, line betting, total points, winning margin, and much more. 

Palmerbet has regular exciting online betting promotions and sports betting tips for all your favourite sports types. Sports betting types include Same Game Multi, Promotional Markets, Futures (Aus and International) and Multis.

There are over 20 different kinds of sports, including soccer, rugby, snooker, gridiron, surfing, volleyball and tennis, available to wager on. Each has a considerable amount of individual betting markets available for each sporting event, including the NRL, AFL, NFL and the MLB (to name a few).

The top 5 sports to bet on at Palmerbet are:

  • AFL
  • NRL
  • NBA
  • Soccer
  • Cricket

Novelty markets include entertainment, music, financial, tv shows, and awards. There are several available markets in Esports and politics. 

Football Betting with Palmerbet

Palmerbet offers a variety of quality betting promotions for football, particularly around featured events such as the AFL Grand Final. The NFL, being one of the most popular sporting leagues on the planet, are covered in-depth, and the Palmerbet Blog provides valuable insight, predictions and betting analysis throughout the season. 

Every week, the Palmerbet team provides playoff tips and previews on upcoming American football matches with betting tips for all other NFL fixtures on the NFL schedule. They also provide a weekly review with 'NFL Week in Review' that has a complete analysis (including history, form, stats, betting trends, betting tips and predictions), highlighting the top eight games of each round.

From the NFL season opener in September to the NFL Super Bowl in February, Palmerbet makes sure its customers are equipped with all the information they need to take their NFL betting to the end zone. 

eSports Betting with Palmerbet

League of Legends, Counter-Strike and Dota2 are available to bet in Palmerbet’s Esports section. The list of open markets is quite sufficient for the growing interest in betting on PC and console games.

Palmerbet Live Betting

Australian online gambling regulations do not allow local sportsbooks to offer bets via their website or mobile app for active games, matches, tournaments and other events.

Palmerbet Mobile Betting App

We love the new layout of the recently improved Palmerbet website, and betting on your mobile is just as good. Use your mobile browser or the Android/iOS apps and have the same good experience on your mobile device as on your desktop/PC. 

The Palmerbet mobile app lets you place both pre-match and in-play bets, claim generous (and sometimes exclusive) bonuses, and log in and play anytime, anywhere!

Palmerbet Payment Methods for Australia

There are acceptable payment methods to choose from when depositing or withdrawing funds to and from your Palmerbet account, and they are expected to expand on these options soon. 

Top 5 payment methods at Palmerbet Australia: 

  • Visa
  • MasterCard
  • POLi
  • BPAY
  • Bank Transfer

Keep in mind that some options depend on the country/territory you live in, and AUD is the only accepted currency for deposits. 

How To Deposit with Palmerbet


Several payment methods are accepted when you deposit with Palmerbet, including Visa/Mastercard, Cheques, BPAY and EFT.

Here’s how to deposit with Palmerbet:

  • After registration, log into your account and click on the "Deposit'' button.
  • Choose your preferred deposit method and complete the required fields.
  • Follow the prompts, deposit, and start betting! 

Note: PalmerBet does not accept cash payments, and apart from using EFT/bank transfers, funds should reflect instantly in your betting account. 

How To Withdraw From Palmerbet


Withdrawing funds from Palmerbet is easy, and you can use the same method as for deposits to make withdrawals from your betting account.

Here’s how to withdraw from Palmerbet:

  • Log in to your account and select the withdrawal option in the customer account section.
  • Enter the withdrawal method and amount and select “Withdraw Now”.
  • Enter your banking details as specified.

Palmerbet Customer Service

The customer service team can be reached by email 24/7 or telephone from Monday to Saturday (8 am-6 pm). Palmerbet also has a fast and informative website that is easy to use for novices, but if you need any assistance, contact their Australian customer support service at:

Website: palmerbet.com
Support: email at [email protected]
Customer help: 1300 12 HELP (1300 124 357)
Place a bet: 1300 123 BET (1300 123 238)
Postal Address: PO BOX 1036, Cronulla NSW 2230

Palmerbet’s Responsible Gambling Initiatives

Promoting responsible gambling is very important to Palmerbet, and it is very evident when looking at the enormous support they provide on their Responsible Gambling page online. 

Those who need to get their betting under control can access a range of self-assessment tools and services from the Gambling Help website and counselling services for free. 

Site links to a range of support services are available to any person who may be affected by gambling. These include:

  • Gambling Help Online 
  • Gambling Help for NSW, Queensland, Tasmania, Western Australia, Northern Territory etc 
  • Wurruwi Gambling Help NSW support (for Aboriginal people by Aboriginal counsellors) 
  • National Debt Helpline

For people outside Australia, Gamblers Anonymous may be able to assist you.

Palmerbet Australia FAQs

Is Palmerbet recommended for Australians?

Palmerbet is one of the only 100% Aussie owned bookmakers with a rich history in the betting industry and has an excellent online betting site with markets in racing and a variety of sports. They offer a phenomenal product with regular promotions and special offers for their loyal customers, and we would highly recommend them to Aussie sports betting enthusiasts.

Who owns Palmerbet?

Palmerbet is owned and operated by Palmer Bookmaking Pty Ltd and directed by Grant and Andrew Palmer. The company is 100% Australian and operates from offices at Canterbury Racecourse, NSW.

Can Palmerbet be trusted to bet with?

Yes, Palmerbet is licensed by and operates under the regulation of Racing NSW and for South Australian residents by the South Australian Responsible Gambling Code of Practice. Their operations are governed by the Australian Bookmakers Association Code of Practice (and the Responsible Gambling Policy), and the holding company is financially guaranteed by the NSW Bookmakers Co-operative.

What payment methods are available at Palmerbet?

Palmerbet does not currently have a very wide range of payment methods available, but you should be able to use one of them. There are several methods of payment which include Visa/Mastercard, BPAY, POLi and electronic funds transfer (EFT)

What sports events are available at Palmerbet?

Palmerbet has got you covered on most local and international significant sporting events. The NRL, AFL, EPL, BBL, NBA, NFL and MLB are all available to place your wager on.

Does Palmerbet offer a sign-up bonus?

No, Palmerbet does not offer a sign-up bonus or any kind of inducement. To be a registered member of Palmerbet does, however, give you exclusive access to great promotional offers, competitive odds and regular bonuses.

Palmerbet Promo Codes

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Palmerbet Quick Info

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Palmerbet Review

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4.5

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18+ only. T&Cs apply. Stay in Control. Gamble Responsibly. Think! About your choices. Call Gambling Help on 1800 858 858 or visit www.gamblinghelponline.org.au.

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