Palmerbet horse racing review

Australian owned

Australian owned

18+ Gamble Responsibly Visit PalmerBet

Backed by the NSW bookies co-op and provides a top-notch horse racing and sports betting service.

  • Rating

  • Phone

    1300 124 357
  • Payout

    2-3 days
  • BPAY deposit
  • Bank transfer deposit
  • Credit Card deposit

Not available to residents of United States
Players from United States not accepted
Sign up at PalmerBet


Mobile PalmerBet

PalmerBet iOS app PalmerBet Android app PalmerBet Windows app


  • Backed by the NSW Bookies Cooperative
  • Experienced on-course bookies


  • Website and mobile app are not as good as others
  • Company info

    Established 1996
    Customer service: Phone: 1300 124 357, Email: [email protected]
    Owner Origin: Australia
    Owner: Palmer Bookmaking

  • Withdrawal options

    Bank Transfer

  • Withdrawal Limits


  • Currencies accepted

    Australian Dollar

  • Deposit Method

    BPAY, Bank transfer, Credit Card, MasterCard, POLi, Visa, Debit Card

  • Licenses

  • Restricted Countries

    Afghanistan, Albania, Algeria, American, Samoa, Andorra, Angola, Armenia, Aruba, Austria, Azerbaijan, Bahamas, Bahrain, Barbados, Belarus, Belgium, Bosnia, &, Herzegovina, Brazil, Brunei, Bulgaria, Bulgaria, Canada, China (PRC), Christmas Island, Cocos (Keeling) Island, Congo (Dem Republic), Congo (Republic), Cote, D’Ivoire, (Ivory, Coast), Crimea, Croatia, Cuba, Cyprus, Czech, Republic, Denmark, Estonia, Finland, France, French, Guiana, French, Polynesia, French Southern Territories, Georgia, Germany, Greece, Greenland, Guadeloupe, Guam, Guernsey, Guyana, Hong Kong, Hungary, Iceland, Indonesia, Iran, Iraq, Ireland, Isle of Man, Israel, Italy, Jamaica, Japan, Jersey, Kazakhstan, Korea North (DPRK), Kosovo, Kuwait, Laos, Latvia, Lebanon, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg, Macau, Macedonia, Malta, Marshall, Islands, Martinique, Mayotte, Mexico, Micronesia, FS, Moldova, Monaco, Montengro, Myanmar (Burma), Namibia, Netherlands, Netherlands, Antilles, New Caledonia, Nigeria, Northern Mariana Islands, Norway, Pakistan, Palestine, Panama, Papua New Guinea, Philippines, Poland, Portugal, Puerto, Rico, Reunion, Romania, Russia, Rwanda, Saint Barthélemy, Saint Martin, Saint Pierre and Miquelon, San Marino, Serbia, Sierra, Leone, Singapore, Slovakia, Slovenia, South Africa, South Sudan (Republic of), Spain, Sudan, Sweden, Switzerland, Syria, Taiwan, Tanzania, Thailand, Timor-Leste, Tunisia, Turkey, Turkmenistan, Uganda, Ukraine, United Kingdom, United States, United States Minor Outlying Islands, Vatican City State (Holy See), Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Yemen, Zimbabwe

AFTER decades of success in New South Wales racing, the Palmer family has begun its evolution from trackside cash bags to a nation-wide online bookmaker service.

In a market largely dominated by overseas gambling giants, is a new, Australian-owned option that specialises in racing and sport.

The Palmerbet brand and website was launched in 2013. It didn’t take long for the bookmaker to grow and expand – a big 2015 advertising and marketing campaign put the company on the national stage.

In this review we look at the bookmaker’s strengths and weaknesses, its specials, features and whether the bookmaker is deserving of your business.

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Palmerbet sign-up offers and deposit bonus

Like everyAustralian online bookmaker recommends to punters, Palmerbet used to offer a matched deposit sign up offer bonus for new members. But those days are gone due to Australian government gambling reform known as the Bonus Bet Ban.

As of the 26th May 2019 all free bets, bonus bets, sign up bonus offers, deposit bonuses and promo bonuses are banned Australia wide. As a result of gambling reform known as the National Gambling Framework, no Australian licensed bookmaker is legally allowed to offer any sign up offer, bonus, promo deposit bet bonuses or free bet to Australians. The changes have become known amongst punters as the Bonus Bet Ban.

What is the bonus bet ban and does it include Palmerbet Bonuses?

In November 2018, the federal government announced a Nationwide Gambling Framework for the online gambling industry specifically targeted at licensed Australian bookmakers. The National Consumer Protection for Online Wagering laws are designed to shield minors, gambling addicts and other vulnerable sectors of the community from the various advertising and marketing strategies employed by betting operators.

Consequently, in Australia the use of Free Bets has been outlawed. No Australian punter can get any free bet, sign up bonus offer or bet bonus at any Aussie licensed online bookie. Bookmakers are allowed to provide bonuses to punters in the form of cash that have no turnover requirements, are not an inducement to open a new account, and that can be immediately withdrawn.

No Australian bookie is yet to offer real cash bonuses in place of the outlawed free bets, although the Palmerbet bonus code has got some fans.

Yes, the bonus bet ban includes Palmerbet.

Palmerbet Review

What Other Bonus Offers or Promotions Does Palmerbet Offer?

Palmerbet also offers a number of specials in racing and sport:

Using Palmerbet on mobile, tablet and desktop

Palmerbet Australian ios and Android app
Palmerbet is optimised for all of your internet-enabled devices.

When using your desktop or laptop, the website has a clean, easy-to-use layout that works well on every internet-browsing tool.

While the smartphone app is also easy to use, quick and convenient to put a bet on in a hurry and reviewed extremely well online, it is restricted to just Apple products. An app for Android operating systems is said to be in the works and should be released soon.

Android users should not feel overly-slighted – the mobile website is just as fast and easy to use as the phone application.

Betting on racing with Palmerbet

Palmerbet’s service for racing punters is among the very best any Australian bookmaker has to offer.

The bookmaker offers races from every certified domestic race meeting in Australia, as well as markets on multiple international venues in racing strongholds including New Zealand, Hong Kong, France, the UK, the USA, South Africa and Japan.

In addition to its commitment to thoroughbreds, Palmerbet offers markets on all the major races in harness and greyhounds in Australia and New Zealand.

Like every major bookmaker, Palmerbet provides the full range of betting and exotic options – exactas, trifectas, doubles, quaddies, first fours – you name it, they offer it.

During major racing events the bookmaker is also well-known for offering an ‘odds boost’ – substantially increasing its odds for a limited time on the Melbourne Spring Carnival’s biggest races.

Palmerbet Review

Sports betting with Palmerbet

Palmerbet may have made its name in racing, but its markets and betting promotions in the sporting world are just as impressive.

Odds, exotics and betting markets work much the same way as the major Australian online bookmakers and with a number of bonus bet money-back specials, there’s a number of reasons to sign up and do your sports betting with Palmer.

Sports available to bet on include; but are not limited to:

  • AFL
  • American Football
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Entertainment
  • Golf
  • Ice Hockey
  • Olympic betting
  • Motorsports
  • Surfing
  • Tennis

Withdrawal and deposit options at Palmerbet

Palmerbet offers a safe and secure betting service for its members and is licensed by the NSW Office of Liquor, Gaming and Racing.

Members have a number of deposit options which include:

When making direct transfer deposits, your money should reach your betting account within 24 hours, depending on the day your deposit is made. The minimum deposit amount for is $10 and the minimum withdrawal amount is $5.

Withdrawals can be made easily – your funds will appear in your nominated Australian bank or credit union account within 48 hours after making your request.

Palmerbet review verdict

Palmerbet is Australian owned and operated, which immediately is a point of different to most bookmakers in Australia. Our Palmerbet racing review included extensive testing on desktop computer, mobile and their apps and we found all to be serviceable. While Palmerbet’s bookmaker operations are probably not as stringent as other online betting sites in Australia, they are definitely worth putting the mix for racing bettors, with some outstanding promotions and extensive markets on events down under and overseas.