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Palmerbet

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3.5

$500 in bonuses with PBRACING500 promo code

100% deposit match when using the exclusive PBRACING500 promotion code

Palmerbet Deposit Match Bonuses
DepositBonusBet withSign Up
$25$75$100Claim
$500$500$1000Claim
$100$150$250Claim
$50$100$150Claim
New accounts only. Excludes NSW, SA, WA & VIC, Turnover requirements apply. See T&Cs on website

Reasons to join Palmerbet

Pros
  • Nice-looking site with quick and easy bet placement
  • PBRACING500 promo code
  • Weekly bonus bet specials
Cons
  • Not as many sports markets as some rivals
  • Sign-up bonus is not available in NSW, SA, VIC or WA

Palmerbet Review

Palmerbet’s online betting site was launched in August 2013 when they moved into the online marketplace, but the name Palmer has been associated with wagering in Sydney for more than 30 years with the company a firm part of the Sydney betting rings. Started by Ted Palmer, the company remains in the care of the family which operates at local rails and interstate betting rings.

A firmly established and trusted bookmaker, Palmerbet is licensed by Racing NSW and is a member of the NSW bookmakers’ cooperative. They are one of the few 100 per cent Australian-owned bookmakers around.

Palmerbet are noted for offering best odds across a numerous sporting markets and will continue to do that as they aim to live up to the self-billing of being Australia’s “newest and most exciting online bookmaker” with the intention of “revolutionising the Australian wagering market”. They also offer a $500 sign-up bonus with our exclusive promo code PBRACING500 - one of the biggest out there.

New Customer Offers


Sign up to Palmerbet and you will receive up to $500 in bonus bets with one of four deals currently available. 

The offers are not available to residents of NSW, VIC, SA and WA. 

*Due to legislative requirements, Victorian, South Australian, Western Australia and New South Wales residents are not eligible to receive it.

Wagering Requirement

The Palmerbet sign up bonus is only available to Australian & New Zealand residents, however due to legislative requirements, Victorian, South Australian, Western Australia and New South Wales residents are not eligible to receive it.

Deposit Bonus Bet Specific Conditions

(a) Each new customer qualifies to win a maximum of one (1) Bonus Bet only.
(b) The Bonus Bet can be wagered on Fixed Odds markets with a dividend greater than $1.40 per $1 bet.
(c) If your Bonus Bet returns a winning dividend, your winnings (excluding the Bonus Bet stake) will be credited to your Palmerbet account.
(d) Prior to withdrawing any funds the Initial Deposit and any Bonus Bet winnings must be turned over at least twice (x2) on bets with a dividend greater than $1.80 per $1 bet (the Minimum Turnover Threshold) within 90 days of the Winner receiving the Bonus Bet prior to the Promoter allowing a Winner to make any withdrawals from their Palmerbet account.
(e) Bets placed on different outcomes in the same event do not count towards the Minimum Turnover Threshold contemplated in clause 3(d) above.
(f) If the Minimum Turnover Threshold has not been met within ninety (90) days of the client receiving their Bonus Bet, the Bonus Bet (if it has not already been used), or any winnings that have already been accrued using the Bonus Bet (if the Bonus Bet has been used) will be withdrawn from the Winner’s Palmerbet account.
(g) The Bonus Bet must be taken as offered and cannot be varied or redeemed for cash. The Bonus Bet value is GST inclusive and is in Australian dollars.

Background


Palmerbet have been around for more than three decades in the betting rings around Sydney and made the move into online retail in June 2013 with the launch of palmerbet.com with the intention to target a younger audience.

The company, which operates from offices at Canterbury Racecourse, was formed by Ted Palmer and continues to be run by family members Grant, Matt and Adrian, who are among Sydney’s biggest on-course bookmakers.

Palmerbet is owned and operated by Palmer Bookmaking Pty Ltd and is licensed and operates under the regulation of Racing NSW. Palmer Bookmaking Pty Ltd is financially guaranteed by the NSW Bookmakers Cooperative meaning you are betting with an established and trusted bookmaker.

Odds and Markets


Palmerbet offers markets on all leading domestic sports including horse racing, harness racing, AFL, NRL, Super Rugby as well as global sports such as soccer, tennis, cricket and much more.

The big selling point behind the Palmerbet operation is their “commitment to offering better odds and bigger limits”. You will find a significant number of markets across all sports offered and should be able to get on the bet you want without encountering any problems.

Website


The Palmerbet website was clearly well thought out ahead of the launch in August 2013 and it offers a user-friendly experience with markets well advertised and the displays clear and easy to use. 

The left-hand menu, with its links to various sporting markets, is separated into Racing and Sports and makes the using the website a very quick process. 

Promoted on the home page are the big offers and promotions of the day, latest odds on the big betting events coming up as well as quick links to the next sporting events getting underway. 

Promotions and offers are clearly displayed on the right hand side where you will also find the betting slip for your selections. 

Customer Service


The Palmerbet Customer Service team can be reached by email 24/7 or by telephone from Monday-Saturday (8am-6pm). There is also the option to chat live to a member of the Palmerbet team via the live chat feature on the website.

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