Established
1996
Customer service:
Phone: 1300 124 357, Email: contact@palmerbet.com
Owner Origin:
Australia
Owner:
Palmer Bookmaking
Bank Transfer
$10
Australian Dollar
BPAY, Bank transfer, Credit Card, MasterCard, POLi, Visa, Debit Card, Pay ID
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Palmerbet.com.au is a well-established Australian-owned bookmaker that is backed by the NSW bookies cooperative. Our Palmerbet review will run you through all aspects of those popular horse betting site, including the Palmerbet promotions, Palmerbet sign up offers and their availability in Australia, plus payment options, history and a full run down of the Palmerbet horse racing offering. Continue reading our Palmerbet horse racing review for more.
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, Palmerbet.com.au 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 Palmerbet review we look at the bookmaker’s strengths and weaknesses, its specials, features and whether the bookmaker is deserving of your business.
Like every Australian online bookmaker Horsebetting.com.au 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.
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 also offers a number of specials in racing and sport:
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.
Palmerbet apps are available for both Android and iOS users, with these downloads available for free. They will however require you to have a data connection and an iPhone or Android smarpthone.
For those punters that don’t have a smartphone, or you just don’t want to use an app, Palmerbet’s mobile website is fully-functional and allows you to bet on the go.
While previously editions of this Palmerbet mobile review, we said their website was not as good as other horse betting sites, we have found in 2023 that the website has become much better and stacks up nicely against the opposition now.
Palmerbet’s service for racing punters is among the very best any Australian bookmaker has to offer.
Palmerbet.com.au 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 racing 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 has also got some handy tools that make wagering with them easier, with these including things like the Palmerbet fluctuations feature, allowing you to see where the money is going in any given race.
You will also be blessed with plenty of form, with Palmerbet boasting more than a standard Australian online bookmaker, which is very important when punting on the gallops.
Palmerbet has also got AI ratings, which is a new feature, that lets technology take care of what is going to win, while you will also find speedmaps and early speed charts, which are also great tools for punters.
Palmerbet’s horse racing section has got a plethora of different bet types available to their customers, with these ranging from your standard wagers, right through to your exotics.
A real highlight of Palmerbet horse racing betting is that you can place same-race multis, with these types of bets essentially allowing you to create accumulators inside the same race. For instance, you might pick a horse to finish top two, and then on the same ticket include a horse to finish top four. Obviously the more combinations you put inside your Palmerbet same race multi, the greater the odds will be.
The full list of Palmerbet horse racing bet types includes:
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.
Palmerbet betting really excels in the major Australian football codes, with these including the AFL, NRL and A-League. The promos are tailored towards bigger punters and their odds stack up well against their competitors.
Sports available to bet on include; but are not limited to:
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 is an Australian online betting platform founded in 2013 by the Palmer family. The Palmers have been part of the Sydney betting scene for more than 30 years, primarily operating on local racetracks. Their transition to online betting through Palmerbet.com.au was a step to expand their customer base nationally.
Palmerbet began with a focus on horse racing but has since expanded to offer a range of sports and racing markets. They aim to provide more competitive odds and a straightforward, user-friendly wagering experience. The company is licensed by Racing NSW and is a member of the NSW Bookmakers Cooperative, ensuring they comply with regulatory standards.
In terms of its technology, Palmerbet has strived to stay updated with the latest advancements in the betting industry. Their website and mobile app both provide a streamlined betting process, reflecting the company’s commitment to innovation. This is shown in recent times by their quick adaption to AI technology, giving horse racing betting fans a handy leg-up with all their needs.
Grant and Andrew Palmer remain the licensed bookmakers in the operation, which continues to run out of the Canterbury racecourse in NSW.
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.