Palmerbet Review

– Chris Flavell
AussieBet Editor

If you’re searching for a 100% Australian owned bookie, Palmerbet is the prime choice! Here you’ll find an unmatched selection of domestic and international races, as well as all of the top sports events. PalmerBet offers a clean looking interface that would be easy to grasp even for complete beginners. Their betting apps are also top-notch, so don’t miss to give them a look.

– Chris Flavell AussieBet Editor

Palmerbet Review – A Favourite for Aussie Punters

Palmerbet is easily one of the favourite betting brands among Aussies. They have been my top choice for horse racing betting over the last few years. I have a lot of insights to share regarding the Palmerbet’s sports betting products, payment methods, customer support and much more.

Even though they are very strong when it comes to sports betting, horse racing is still the thing that made Palmerbet one of the best Australian betting sites. The Palmer family is long associated with Australian horse racing, even before they made success with Palmerbet. To this day, Palmers have pitches on all Metropolitan Sydney tracks, so it’s safe to say that they have a lot of hands-on experience with betting on Aussie horse races. We will make a much deeper dive into the selection of racing markets and the quality of odds down below.

Even though I’m a customer myself, I won’t shy away from pointing out any flaws. In case you’re new in the world of online betting, this Palmerbet review can help you a great deal to decide whether it’s the right fit for you.

Palmerbet Horse Racing

I think Palmerbet is one of the best places for racing bettors, especially if you prefer to wager on domestic events. They entered the business as an on-track bookie, meaning that Palmerbet knows what’s important about betting on horses as a top on-course bookmaker online.

When you enter the site, it all screams ‘Horse racing’. I like this in-your-face approach, since you’ll know right away that Palmerbet is indeed a racing betting hub. If you take a look at the left side of the screen, you’ll notice that horse racing is listed at the top. Centre of the screen is reserved for the best upcoming races, while on the far right, you’ll see the list of events that are about to start.

You just open the site and BOOM – all you need to place a bet is just one click away. Palmerbet also boasts a racing stats centre where keen punters can take a deeper dive into the form before betting. I like that they also have a comprehensive list of futures markets, especially for the Aussie racing calendar, which was a huge plus point for us during this Palmerbet review.

Horse Racing Odds and Markets

As you can probably guess by now, Palmerbet offers all of the horse racing betting options you can think of. These are just some of the wagers. For big races, you can expect to find even more bets!

• Exactas
• Trifectas
• Quinellas
• First 4s
• Quaddies
• Tote +5%
• Tote +10%
• Best of Two
• Middle Tote
• Top Fluc
• Best of the Best

Palmerbet also holds its own when it comes to the quality of horse racing odds it offers. Rather than just asking you to believe my word on this, I’ll show you how great Palmerbet prices are by doing an odds comparison test. No bookie is ever the best for every race and for every horse, but as you can see, they are competitive with some of the biggest bookies out there.

The table undoubtedly shows that in this case (event by random choice) Palmerbet offers the highest odds. As you can see, we haven’t compared them against some low-end bookies. Unibet and bet365 are among the best operators around, but still, Palmerbet managed to end on top on the overround. That’s one of the reasons I instantly like racing betting with them. That was only a random look at one past race, so always be sure to check odds for each selection you want to bet on.

Palmerbet Horse Racing Payout Limits

Since there are so many players who like to bet big, almost all of the bookies, including Palmerbet, are imposing the max win limits. Here are some of their limits for Australian horse racing. In case you want to see the full list, visit the ‘Rules’ page on the Palmerbet website.

Palmerbet Maximum Payouts – Horse Racing

Win and Place

$300k Metropolitan / $150k Non-Metropolitan

Same Race Multi

$50k Metropolitan / $50k Non-Metropolitan

Quinella

$200k Metropolitan / $50k Non-Metropolitan

Exacta

$100k Metropolitan / $30k Non-Metropolitan

Trifecta

$200k Metropolitan / $50k Non-Metropolitan

First Four

$200k Metropolitan / $50k Non-Metropolitan

Quaddie

$300k Metropolitan / $100k Non-Metropolitan

Early Quaddie

$100k Metropolitan / $25k Non-Metropolitan

Big 6

$300k Metropolitan / $100k Non-Metropolitan

Betting Without

$50k Metropolitan / $25k Non-Metropolitan

Odds/Evens

$50k Metropolitan / $25k Non-Metropolitan

Palmerbet Spring Carnival Offers

Another thing that stands out about Palmerbet’s racing offering is the promotions around the Spring Carnival. This bookie loves giving punters value when it comes to betting on racing and this promo is another example of that.

Palmerbet is offering 20+ weekly promos this spring that are aimed at giving racing fans even more value through great odds, same race multis, and other promos that you can get access to once you have signed up. Click ‘join now’ below to take advantage of the latest racing promotions.

Sports Betting at Palmerbet

I found it so easy to move around the Palmerbet website and find the sports you want to bet on. I’m sure you’ll like the simple and bright design, as it makes placing bets so easy. You’ll see the list of the most popular sports on the left-hand side.

If you want to bet on some of the more exotic events, click the “All Sports” button. One of the options I use the most is the ‘Upcoming’ tab where you can see all the games that are about to start. I appreciate nothing more than a user-friendly interface, and Palmerbet nails that part!

The range of sports on offer is good, but nothing more than that. It’s comparable with what other local bookies offer, such as BlueBet. When I want to bet on some exotic sports, like netball or surfing, the likes of bet365 and Unibet have proven to be a superior option. However, Palmerbet is fantastic for betting on local sports. They know the needs of Aussie punters and have strong connections with many Australian leagues.

Again, don’t just trust my word for it. Check out our Palmerbet review odds comparison table below to see that Palmerbet is up there with the best when it comes to sports odds. Again, we picked a random AFL match to see they match up closely with some other top bookies.

Does Palmerbet Have Live Betting?

Palmerbet does offer live betting, but they are not exactly the best in the business in this category. You’ll find all the in-play markets under the menu on the left-hand side. I personally don’t think that they are that good, simply because there aren’t so many live markets available. In simple words, the in-play betting experience is not as convenient as with some other top Aussie bookmakers. But in all honesty – I’m probably just nitpicking here. If you want to place an in-play bet, Palmerbet will still do the job.

Those who have any experience with online betting in Australia know that bookies around here aren’t allowed to accept live bets online. So, in case you want to place an in-play wager with Palmerbet, you should give them a call on 1300 123 238 and state your bet. The operators will do the rest. We have made a step by step guide to help you along:

Does Palmerbet Have Live Streaming?

Palmerbet does offer some live streaming of racing events. There aren’t as many streams as some other bookies but at least Palmerbet has now started to offer this, which we see as a real positive.

It seems that the live streams are mainly available for Australian horse racing but always double-check as other sports and events could be added soon.

Until then, note that our bet365 review highlights their unmatched live streaming platform where you can watch hundreds of local and international races and sports events. They are you best bet if live streaming is a deal breaker for the bookie you want to choose.

Sign Up For Palmerbet Bonus

It is important to know that you won’t see Palmerbet bonus offers until you have signed up and registered a new account with them.

Aussie betting regulations prevent bookies from advertising betting promotions. However, you will soon have access to all of the offers, including a Palmerbet sign up bonus, as soon as you have signed in.

As always, it is important to pick the betting site that suits you the best and how impressed you are with their odds or additional features. Worry about your Palmerbet sign up bonus after that. I liked how easy it was to find the Palmerbet bonus section after I’d signed up. There was a good selection of promotions, too.

Palmerbet Punters Club

Palmerbet has recently launched a new betting product called PB Punters Club. This feature makes it easy for members to create a club, deposit funds, and bet together. It is available on both desktop and app.

You simply create a group, send an invite code to friends, and then start betting together once they have been made eligible to bet and funds have been deposited.

With PB Punters Club the group betting experience is simple and seamless. In addition, the PB Punters Club has a number of perks that set it apart from other social betting products including:

Quick Guide to PB Punters Club Sign Up

Firstly sign-up to Palmerbet if you haven’t already. Then you can start a PB Punters Club in 2-3 minutes. Simply click on the Punters Club tab on the homepage, then click on Create a Club, then follow the prompts to create a Club name, buy-in amount and invite your friends. Once your group members join and deposit funds, you can make relevant members eligible to start betting.

The new PB Punters Club makes the group betting experience simple and seamless. In addition, the PB Punters Club perks, including exclusive group offers and promotions, set it aside from other competitors. Click on the link below to join now

Join PB Punters Club Now

Palmerbet App

Nowadays, it’s hard even to imagine how it looked like to bet online without a smartphone. I’m a huge fan of betting on the go, and the Palmerbet mobile betting app hasn’t given me a single issue so far. It’s fast, simple and follows the same minimalistic design of their desktop website. The native app is available for both iOS and Android operating systems.

I can say from my own experience that the iPhone version is virtually flawless. It offers all the same betting features as the desktop version of the sportsbook, including very straightforward navigation.

I tested the Palmerbet Android app for a few days on my own, and as far as I can tell, everything is pretty much the same as on iOS. Pages load quickly, and all of the sports and racing bets are there. The only real difference is that you have to download the Palmerbet Android app directly from their site.

In case you don’t want to download any native apps, just fire up your mobile browser and use the Palmerbet web-based app. It looks and does pretty much the same stuff as the dedicated apps, so you won’t miss out on anything. When I’m switching devices, I sometimes just use a mobile website to place a quick bet, so I don’t have to lose time downloading an app for a single bet.

What Are Palmerbet’s Withdrawal and Deposit Options?

I’m always using my debit card when betting with Palmerbet because it’s the quickest and easiest way to both deposit and withdraw funds. If you fancy some other option, note that Bank Transfer, BPAY, PayPal, and POLi/Waave Pay By Bank are also available.

In general, when it comes to online betting transactions, e-wallets are always my go-to choice. However, Palmerbet doesn’t have any of them on offer at the moment. The good news is that this bookmaker lets you start slow and deposit only $10 for starters (except with BPAY where the minimum deposit is $25).

Minimum Deposits with Palmerbet

The payment method you use with Palmerbet can have an impact on the minimum amount you are allowed to deposit to get started.

The amount will vary depending on your choice, as you can see from the table below. This is something to consider when looking to sign up.

Minimum deposit limits per payment method

POLi

$10  

PayPal

$10  

Debit Card

$10  

Bank Transfer

$10  

BPAY

$25

Withdrawal Options

On the other hand, the list of Palmerbet withdrawal options is a bit shorter than the deposit options, with only bank transfers available. You can withdraw even as little as $10, but keep in mind that you can’t withdraw before you verify your account by providing some of the personal documents. Don’t worry, it’s a standard procedure, and it’s completely safe.

Palmerbet Withdrawal Times

I tested withdrawing from Palmerbet using a bank transfer to give you an idea of how long it takes. The average time for the funds to get back into my account was just 12 hours and 57 minutes. I withdraw funds during midweek and at the weekend and found the weekend to be very fast.

Obviously, many factors can impact the time it takes to withdraw funds, including how long your own bank processes the money as well. However, overall I found that Palmerbet is one of the fastest for making withdrawals compared to other online bookmakers.

Rating Palmerbet’s Customer Support

The most important thing you should know here – Palmerbet doesn’t offer live chat support. I believe live chatting with support agents is the best way to quickly solve most of the problems, so the lack of this option is a big minus in my book. They do have phone support, although it’s available from Monday to Saturday, between 8 am and 6 pm. The last alternative is to send them an email. However, it may take up to 24 hours to get a response.

Availability isn’t Palmerbet’s strong side, but they make up for it with incredibly pleasant and efficient support agents. The person that answered my last call was super friendly, so we managed to solve the problem in no time. The issue hand was a problem with my bank when making a deposit.

Those are the little things that make you feel like the bookie really cares about you!

Is Palmerbet Safe?

The short answer is yes – Palmerbet is completely safe. They have all of the industry-leading safety features, such as 2048-bit encryption. What is even more important, they hold an official licence issued by the Government of New South Wales. Since you’re sharing a lot of sensitive info when betting online, you always want to make sure the betting site is taking all of the safety precautions. At least I’m always looking for stuff like that as soon as I enter a bookmaker’s site.

Another thing I like about Palmerbet is that they take responsible gambling seriously. This is by no means a surprise because due to Aussie betting regulations, it is mandatory.

You can use self-exclusion, pre-commitments and a few other useful tools that can help you not to get lost. Even I use it from time to time, so don’t hesitate to put limits if you think you may get distracted. If you think you have a problem, or you know someone who does, note that Palmerbet has contact details of a few gambling support agencies in the footer of each page. Caring about customers is something I appreciate the most, and Palmerbet definitely checks that box!

Palmerbet Blog

With so many sports and racing events to bet on, it’s becoming really hard to stay on top of everything. My way of getting fresh betting insights is by reading expert sports betting blogs. A few years ago, I discovered that Palmerbet has its own blog as well, and after taking a look at a few posts, I realised that it’s actually pretty good. Apart from every horse race you can imagine, they also cover AFL, NRL, Soccer and several other sports.

The insights you’ll find there can be very useful, and the best thing is that you don’t even have to be a registered customer to have access. They put quick links to their sportsbook inside of the articles. So, having a betting account can help you place a bet with ease. I do it all the time. You find a race or a game you want to bet on, read a few expert analyses, and then just go straight to the betting site with a single click. It doesn’t get any more convenient than that!

Who Owns Palmerbet?

Palmerbet is owned and operated by Palmer Bookmaking Pty Ltd. The company directors are Grant and Andrew Palmer. The company began with Grant Palmer working the racing tracks as an on-course bookie before the operation moved online as we know it now.

How Do We Review Betting Sites?

To give you a little more insight into the things we considered when putting this Palmerbet review together, we have listed a few key factors below. At AussieBet, we always cross-compare certain elements so you know the important features are being looked at each and every time we make a recommendation. 

• 
  Licenses

  Every top Australian bookie must be safe and secure for us to recommend them. For this reason, we only put forward betting sites that have a valid license and are regulated. If AussieBet recommends a bookie to you then you know this is the case.

• 
  Mobile apps

  Betting apps are a must. Not only that but a top app for Android and iOS that is easy to navigate means a bookie will score highly with us. We don’t only compare betting sites but also the quality of the apps they offer punters as well.

   

• 
  Selection of sports and markets

  For a bookie to be considered on of the best in Australia, it must offer a wide array of betting markets. When putting this Palmerbet review together, we made sure to check out the markets available for both popular and niche sporting events.

• 
  Quality of odds

  You will never get the best odds with just one bookie. However, some are known to have good value prices compared to their competitors. This is another factor we consider when putting reviews together. We only recommend bookies that have good quality odds.

• 
  Payment methods

  Having a wide range of payment options will really help a betting site stand out from the crowd. Here at AussieBet we always look into this element too. The best bookies have options such as BPAY, PayPal, POLi, Apple Pay, VISA, MasterCard and bank transfer options. It is a good way for us to rate a betting site and how appealing it is for a punter.

Conclusion

Palmerbet has been and stayed one of my favourite Australian betting sites. I like the fact that they have nailed all the basics. The site is snappy and straightforward to use, while the odds on both sports and horse racing are among the strongest on the market.

As I mentioned a few times in this Palmerbet review, there are a few obvious downsides as well. There is no live streaming, no live chat and even the selection of payment options could be deeper. But for me, Palmerbet is much more than just some ordinary bookie we judge only based on available features. They are one of the longest-lasting Australian betting brands that stayed 100% Aussie up until this day. Because of all of that I will keep betting with them in the years to come.

Palmerbet is one of the best domestic bookmakers. Click on the button below to learn more about their betting offer.

Palmerbet overview