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REASONS TO JOIN PALMERBET
- Excellent App
- Promotions
- Great Odds
- Number of Sports
- Australian owned and operated
- Entertainment & Novelty
- Live streaming
- Live betting
18+ T&C's Apply. What are you really gambling with? Chances are you're about to lose. Set a Deposit Limit For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au
18+ T&C's Apply. What are you really gambling with? Chances are you're about to lose. Set a Deposit Limit For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au
#AD 18+ T&Cs Apply Imagine what you could be buying instead. For free & confidential support call 180 0858 858 or visit gamblinghelponline.org.au
Palmerbet is one of Australia’s most recognisable family-owned bookmakers, with racing roots stretching back over six decades. In this review, we cover everything you need to know — betting markets, app features, deposit options, withdrawal times, and unique tools like Same Race Multi and Punters Club. Check our Palmerbet bonus code page for the latest offers available to new customers.
The History of Palmerbet
The Palmer family has been involved in bookmaking since 1961, starting as on-course bookmakers at Canterbury Racecourse in Sydney. Over several decades of trackside operations they built a reputation for reliability and deep racing knowledge before launching online in 2013.
The business is operated by Palmer Bookmaking Pty Ltd and licensed by the Northern Territory Racing Commission. Their headquarters remains at Canterbury Racecourse in NSW, a fitting home given their on-course heritage.
A common misconception worth addressing: Palmerbet has no connection to Clive Palmer or his business interests. The Palmer family behind Palmerbet is an entirely separate family with a long and distinct history in Australian bookmaking. There is no link whatsoever.
Today, Palmerbet has grown into a fully-fledged online and mobile bookmaker covering racing, AFL, NRL, cricket, soccer, and more. Their racing heritage remains their strongest asset.
Betting Markets Available at Palmerbet
While their roots are firmly in racing, Palmerbet has expanded into mainstream Australian sports and international markets. Here’s a summary of the key sports and markets available.
| Sport | Markets Available |
|---|---|
| Horse Racing | Win, place, each way, exacta, trifecta, first 4, quaddie, Same Race Multi, futures, fixed odds, tote |
| AFL | Head to head, line, total points, first goalscorer, Same Game Multi, futures, premiership winner |
| NRL | Head to head, line, total points, first tryscorer, Same Game Multi, futures, premiership winner |
| Soccer | Match result, both teams to score, over/under goals, correct score, first goalscorer, Same Game Multi |
| Tennis | Match winner, set betting, total sets, tournament outright winner |
| Cricket | Match winner, top batsman, top bowler, total runs, method of dismissal, tournament winner |
| Basketball | Head to head, line, total points, NBA and NBL markets |
| Golf | Tournament winner, top 5/10/20 finish, head-to-head matchups, nationality markets |
Palmerbet’s racing market depth is particularly impressive given their heritage, covering every thoroughbred, harness, and greyhound meeting across Australia plus select international racing. Their sports offering covers all the major codes most punters are looking for.
Betting Live on Palmerbet
Under Australian law, all live sports bets must be placed by phone rather than online. Palmerbet complies with this regulation, so if you want to bet in-play on AFL, NRL, cricket, soccer, tennis, or basketball, you’ll need to call their dedicated phone betting line.
Palmerbet provides a live centre within their app and website where you can follow scores, track live odds movements, and monitor key match events in real time. This is useful for deciding when to call through your live bet. The phone betting team are available throughout live events.
Palmerbet Live Streaming
Palmerbet offers live streaming of thoroughbred, harness, and greyhound racing across Australia through both their website and mobile app. To access streams, you need a funded Palmerbet account. Once your balance is positive, you can watch all major Australian meetings directly within the race card interface.
This is a genuinely strong feature given Palmerbet’s racing heritage. Combined with their Race Form tool and Same Race Multi feature, it creates a comprehensive racing experience from form analysis through to watching the finish, all on one platform.
Palmerbet App Review
The Palmerbet app is available for iOS and Android and provides a clean, functional mobile betting experience that caters well to both racing and sports punters.
Key features of the Palmerbet app include:
- Live racing streaming for thoroughbred, harness, and greyhound meetings across Australia
- Same Game Multi builder for combining selections within a single sporting event
- Same Race Multi for combining selections within a single race
- Sports Multi Builder for creating multi bets across different sports and events with an interactive interface
- Race Form and Form Filters for in-app form analysis, allowing you to filter by track, distance, conditions, and more
- Biometric login (Face ID/fingerprint) for quick and secure access
- Push notifications for race results, bet settlements, and promotional updates
Navigation is intuitive, the bet slip works smoothly for singles and multis, and the integration of race form data is a standout. You can research form, watch the race via live stream, and place your bets all without leaving the app. It’s free to download from the App Store and Google Play.
How to Sign Up for Palmerbet
Creating a Palmerbet account takes just a few minutes. Visit our Palmerbet bonus code page before signing up for the latest offers.
- Visit Palmerbet — Head to the Palmerbet website or download the app.
- Click ‘Join Now’ — Select the registration button on the homepage.
- Enter your personal details — Full name, date of birth, email address, and residential address. You must be 18 or older.
- Create your login credentials — Choose a username and password.
- Set a deposit limit — Australian regulations require you to set a deposit limit during sign-up as a responsible gambling measure.
- Verify your identity — Palmerbet will attempt electronic verification. If unsuccessful, you’ll need to upload ID documents (see the verification section below).
Once verified, you can deposit and start betting straight away.
Palmerbet Deposit Options
Palmerbet offers several deposit methods with a $10 minimum across most options.
| Method | Min Deposit | Processing Time |
|---|---|---|
| Visa/Mastercard (Debit) | $10 | Instant |
| PayPal | $10 | Instant |
| POLi | $10 | Instant |
| BPAY | $10 | 1-2 business days |
| Bank Transfer | $10 | 1-3 business days |
| Apple Pay | $10 | Instant |
Debit card, PayPal, and Apple Pay are the quickest options, processing instantly. BPAY and bank transfer involve a waiting period.
Palmerbet Withdrawal Methods
The minimum withdrawal amount at Palmerbet is $10 across all methods.
| Method | Min Withdrawal | Processing Time |
|---|---|---|
| Bank Transfer | $10 | 1-3 business days |
| PayPal | $10 | Same day to 24 hours |
Palmerbet Withdrawal Times
Understanding how long Palmerbet withdrawals take is one of the most common questions punters have, and it’s important to set clear expectations. Here’s a detailed breakdown of what you can expect from each withdrawal method.
Bank Transfer: This is the standard withdrawal method at Palmerbet. Once you submit a withdrawal request, Palmerbet typically processes it within one business day. From there, the funds take an additional 1-2 business days to land in your bank account, depending on your bank. In total, you’re looking at 1-3 business days from request to funds arriving. Withdrawals submitted on weekends or public holidays won’t begin processing until the next business day.
PayPal: If speed is your priority, PayPal is the faster withdrawal option at Palmerbet. PayPal withdrawals are generally processed faster than bank transfers, with many punters reporting funds in their PayPal account within the same day or within 24 hours. From PayPal, you can then transfer to your bank account or use the balance directly.
Factors that can affect withdrawal times:
- Account verification status — If your account hasn’t been fully verified, your withdrawal will be held until verification is complete. Always verify your account early to avoid delays when you want to withdraw.
- First-time withdrawals — Your first withdrawal may take slightly longer as Palmerbet may conduct additional security checks.
- Withdrawal amount — Larger withdrawals may require additional review, which can add processing time.
- Time of request — Requests submitted during business hours on weekdays tend to be processed fastest. Weekend and after-hours requests queue for the next business day.
Overall, Palmerbet’s withdrawal times are competitive with other Australian bookmakers. The PayPal option provides a notably faster path to accessing your winnings compared to bank transfer.
Palmerbet Cash Out
Palmerbet’s cash out feature lets you settle a bet before the event finishes, either to lock in a profit or cut your losses. Cash out is available on selected markets across racing and sport, with the cash out value updating in real time based on current odds.
Partial cash out is also available on some markets, giving you the flexibility to take a portion of your returns while leaving the rest of your bet active. Keep in mind that cash out values will always be less than the potential full payout, as the bookmaker factors in a margin.
Palmerbet Account Verification
Australian law requires Palmerbet to verify all account holders. Electronic verification is attempted first using your registration details. If that’s unsuccessful, you’ll need to upload documents such as:
- Australian driver’s licence
- Australian passport
- Proof of age card
- Medicare card (secondary ID)
Documents can be uploaded through the website or app. Verification must be completed within 72 hours of account creation, or your account may be restricted. Complete this early to avoid delays on withdrawals.
Palmerbet Bet Types Explained
Palmerbet offers a wide variety of bet types across racing and sport. Here’s a breakdown of the main bet types available.
| Bet Type | Description |
|---|---|
| Singles | A single bet on one selection in one event. The simplest bet type. |
| Multis | Combine two or more selections across different events into one bet. All selections must win for the bet to pay out. |
| Same Game Multi | Combine multiple selections within a single sporting event (e.g. match winner + first goalscorer + over/under). |
| Same Race Multi | Combine selections within a single race, such as picking multiple runners to finish in the top positions. |
| Each Way | Two bets in one: a win bet and a place bet on the same selection. If your runner wins, both bets pay out. If it places, only the place portion pays. |
| Exacta | Pick the first and second place finishers in the correct order in a racing event. |
| Trifecta | Pick the first, second, and third place finishers in the correct order. |
| First 4 | Pick the first four finishers in the correct order. A challenging bet with potentially large payouts. |
| Quaddie | Pick the winner of four nominated races, typically the last four races on a card. A popular racing bet type. |
| Futures | Bet on the outcome of a competition or tournament before it finishes — e.g. AFL premiership winner or NRL premiership winner. |
The exotic bet types (exacta, trifecta, first 4, quaddie) are a particular strength of Palmerbet given their racing focus. These are available across all Australian thoroughbred, harness, and greyhound meetings.
Palmerbet Odds
Palmerbet offers competitive odds across racing and sport. For racing, they provide both fixed odds (locked in at bet placement) and tote options (determined by the pool at race time), giving punters flexibility in their pricing strategy.
Sports odds are competitive with the broader Australian market, particularly for AFL and NRL. They also offer early pricing on futures markets including premiership winners. As with any bookmaker, comparing odds across operators before placing your bet is always worthwhile. Racing odds tend to be Palmerbet’s strongest point.
Palmerbet Horse Racing
Horse racing is the beating heart of Palmerbet. With bookmaking history stretching back to 1961 at Canterbury Racecourse, racing is embedded in the DNA of this operator, and it shows in the depth of their product.
Palmerbet covers every thoroughbred, harness, and greyhound meeting across Australia plus selected international racing. Early fixed odds are often posted ahead of competitors for major meetings, and you can bet win, place, each way, or go into exotics including exacta, trifecta, first 4, and quaddie.
The Same Race Multi feature lets you combine multiple selections within a single race, ideal for punters with strong views on how a race will unfold. The Race Form tool provides comprehensive form data that you can filter using Form Filters by track, distance, going conditions, weight, and more. Having form analysis integrated directly into the betting platform saves switching between apps and websites on race day.
Live streaming of all Australian meetings rounds out the experience, letting you watch races while monitoring your bets on one platform. For guides on racing exotics, see how to calculate a first 4 percentage and how to calculate a quaddie percentage, or visit our horse racing hub for daily tips.
Palmerbet Unique Features
Palmerbet offers several features that set it apart from other Australian bookmakers.
Sports Multi Builder
An interactive tool for creating multi bets across different sports and events. Rather than manually adding selections to your bet slip, the Multi Builder guides you through the process, displaying available markets across sports and showing combined odds as you add legs.
Punters Club
Palmerbet’s social betting feature lets you bet with friends in a group. Create or join a club, pool funds, and place bets collectively. One member manages the bets and winnings are distributed according to each member’s contribution. Popular for race days and big sporting weekends.
Same Race Multi
Combine multiple selections within a single horse race. Back one runner to win, another to place, and add additional legs to build a complex bet on one race. Popular with experienced racing punters who want to maximise returns from strong race analysis.
Race Form and Form Filters
The Race Form tool provides detailed form data for every runner at every Australian meeting, directly within the app. View recent results, track and distance records, trainer and jockey statistics, and filter by specific criteria including going conditions, weight carried, and more. This removes the need for third-party form guides.
Palmerbet Alternatives
There are several other Australian bookmakers worth considering depending on your priorities.
| Bookmaker | Best For | Review Link |
|---|---|---|
| Picklebet | Same Game Multi range and user experience | Picklebet Review |
| Dabble | Social betting and community features | Dabble Review |
| Neds | Racing features and competitive odds | Neds Review |
| Ladbrokes | Market range and depth across sports | Ladbrokes Review |
| bet365 | Live streaming and international markets | bet365 Review |
For a full comparison of all licensed Australian bookmakers, visit our betting sites Australia guide or see the latest operators on our new betting sites Australia page.
Contact Palmerbet Australia
Palmerbet offers several support channels:
- Live chat — Available through the website and app. Typically the fastest option for account queries and bet inquiries.
- Email — Reach the support team at support@palmerbet.com. Best for non-urgent queries or issues requiring documentation.
- Phone — Dedicated line for customer support and phone betting (required for live bets under Australian law).
- Help centre — Online knowledge base covering account management, deposits, withdrawals, and betting rules.
Live chat is responsive and handles most queries efficiently. For identity verification or document submissions, email is the recommended channel.
Frequently Asked Questions about Palmerbet
Is Palmerbet legal in Australia?
Yes. Palmerbet holds a licence issued by the Northern Territory Racing Commission, authorising them to operate across all Australian states and territories. They comply with all Australian gambling regulations including responsible gambling requirements.
Is Palmerbet related to Clive Palmer?
No. The Palmer family behind Palmerbet is completely unrelated to Clive Palmer. They are a separate family who have been involved in bookmaking since 1961. There is no connection whatsoever.
How long do Palmerbet withdrawals take?
Palmerbet withdrawal times depend on the method you choose. Bank transfers typically take 1-3 business days from the time you submit your request. PayPal withdrawals are faster, with funds generally arriving within the same day or within 24 hours. Your account must be fully verified before withdrawals can be processed, so ensure your verification is complete to avoid delays.
Does Palmerbet have an app?
Yes. The Palmerbet app is available for iOS and Android with all key features including live racing streaming, Same Game Multi, Same Race Multi, Sports Multi Builder, Race Form tools, biometric login, and push notifications. Free to download from the App Store or Google Play.
Who owns Palmerbet?
Palmerbet is owned by Palmer Bookmaking Pty Ltd. The Palmer family has been involved in Australian bookmaking since 1961, originally as on-course bookmakers at Canterbury Racecourse in Sydney. The company launched its online platform in 2013 and is licensed by the Northern Territory Racing Commission.
Does Palmerbet offer same game multis?
Yes, Palmerbet offers Same Game Multi (SGM) bets on a range of sports including AFL, NRL, soccer, cricket, and basketball. This allows you to combine multiple selections from within a single event into one bet. They also offer Same Race Multi for horse racing, which works on a similar principle within a single race.
Does Palmerbet have live streaming?
Yes, Palmerbet provides live streaming of thoroughbred, harness, and greyhound racing from meetings across Australia. To access live streaming, you need a funded Palmerbet account. The streams are available through both the website and mobile app, and are integrated directly into the race card for a seamless experience.
What is the Palmerbet bonus code?
For the latest information on Palmerbet bonus codes and any current offers, visit our dedicated Palmerbet bonus code page. We keep this page updated with the most recent offers available to new and existing customers.