Palmerbet is easily one of the favourite betting brands among Aussie punters. 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 so on.
Even though I’m a customer myself, I won’t shy off pointing out the 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.
- 100% Aussie owned and proud of that fact
- Great odds on sports and horse racing
- Free tips for members on the Palmerbet Blog
- No live streaming
When I said Palmerbet is 100% Aussie, I really meant that! Long-standing Australian bookmaker Ted Palmer founded the company over 30 years ago, and ever since it stayed a family business. That’s one of the things I like the most about Palmerbet. Unlike huge corporations such as bet365 and Unibet, this operator still feels like a family-run firm that really cares for its customers.
Ted Palmer is long retired, but his heirs Grant and Andrew have been more than successful in running the show. Under their command, Palmerbet became an approved partner of NRL, ARU, AFL, Tennis Australia and Cricket Australia. This is another thing why I keep coming back to Palmerbet – they are an excellent choice for betting on national sports and leagues.
Even though they are very strong when it comes to sports betting, horse racing is still the thing that made Palmerbet what it is today. The Palmer family is long associated with Australian horse racing, even before they made success with Palmerbet. Until 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 quality of odds down below.
Palmerbet Horse Racing
I’m not big on horse racing, but because of the nature of my job and sheer curiosity, I have tried to bet on horses at almost all of the Australian bookies. With that in mind, it’s safe to say that Palmerbet is one of the best places for racing bettors. It is even more so if you prefer to wager on domestic events. They entered the business as an on-track bookie, meaning that Palmer’s surely know what’s important about betting on horses.
When you enter the site, it all screams ‘Horse racing’. I personally 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 bets, while on the far right, you’ll see the list of events that are about to start. At least I liked the layout like this. You just open the site and BOOM – all you need to place a bet is just one click away.
Horse Racing Odds and Markets
As you could probably guess by now, Palmerbet offers all of the horse racing betting markets you can think off. These are just some of the options. For big races, you can expect to find even more bets!
- First 4s
- Tote +5%
- Tote +10%
- Best of Two
- Middle Tote
- Top Fluc
- Best of the Best
Note that if you’re a horse owner, Palmerbet will give you BOB odds every time via the Owner’s Odds feature. Nice one!
On the other hand, if we talk about the odds for us who aren’t lucky enough to own racing horses, Palmerbet still holds its ground. 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.
|Gee Gee Secondover||4.00||4.00||3.90|
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. That’s one of the reasons I instantly loved them in the first place!
Palmerbet Australian Horse Racing 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.
- Win and Place – $300k Metropolitan / $150k 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 / $150k 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
- Head to Head – $20k Metropolitan / $10k Non-Metropolitan
- Jockey Challenge – $30k Metropolitan / $15k Non-Metropolitan
Sports Betting at Palmerbet
It is 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 trust my word for it. Check out the odds comparison table below to see that Palmerbet is up there with the best when it comes to sports odds.
Palmerbet Live Betting
Palmerbet does offer live betting, but they are not exactly the best in the business in this category. You’ll find all of 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 nit-picking here. If you want to place an in-play bet, Palmerbet will still do the job.
All of you 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:
Palmerbet doesn’t offer live streaming of sporting or racing events. Yes, it sucks. In my opinion, the lack of live streaming is the biggest downside of betting with this betting site. There is nothing better than to place a bet and then watch the game live, all without ever having to leave the betting website.
We all hope that Palmerbet will introduce this option soon since it could quickly propel it to the very top of the Australian betting market. Until then, note that bet365 has an unmatched live streaming platform where you can watch hundreds of local and international races and sports events.
With so many sports and racing events to bet on, it’s becoming really hard to stay on top. My way of getting fresh betting insights is by reading expert 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!
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 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. It’s a simple process, which we explain in great detail in our review of the Palmerbet mobile betting offer.
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.
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 lady 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!
- Phone: 1300 12 HELP (1300 124 357)
- Email: [email protected]
Palmerbet Withdrawal and Deposit Options
I’m always using my credit 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 and POLi 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).
On the other hand, the list of Palmerbet withdrawal options is a bit shorter, as only Bank Transfer and cards are 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. Every time I requested a withdrawal over a desktop or a Palmerbet app, the money was on my bank account within 2 or 3 days, which is acceptable. The same goes for both card and bank transfer withdrawals.
|Bank Transfer||1 - 2 Working Days|
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 regulation, 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 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 all of that I will keep betting with them in the years to come.
Who owns Palmerbet?
Palmerbet is a family run business founded by Ted Palmer more than 30 years ago. Nowadays, his decedents Grant and Andrew Palmer are running the company. Palmerbet is a registered bookie with the NSW betting license.
Is there a Palmerbet Android app?
Yes, Palmerbet has a native mobile app for Android devices. Due to Google’s policies on betting, you won’t find the app on the Play Store. Instead, you can download it directly from the Palmerbet website. To learn more about the Palmerbet Android app features, check out the article above.
What are the available payment options at Palmerbet?
You can place a deposit at Palmerbet via Bank Transfer, credit/debit cards, BPAY and POLi. There are fewer withdrawal options available. You can cash out only via Bank Transfer and cards. If you want to learn more about payment limits and withdrawal times at Palmerbet, take a look at the review above.
Is it safe to bet at Palmerbet?
Yes, Palmerbet is one of the oldest bookies around, so you can be sure that they are legit. The site is protected with 2048-bit encryption, meaning that all of your personal data is safe. On top of that, Palmerbet holds a license issued by the NSW Government. We talk more about Palmerbet safety features in the above article.