Palmerbet Melbourne Cup bonus offer – $250 bonus bet offer

Palmerbet bonus

PALMERBET is giving first depositors up to $250 in bonus bets to use throughout the Melbourne Spring Carnival.

The bookie, which is backed by the NSW bookmakers co-op, will match your first deposit 100% up to the value of $250, using the voucher code: FBBONUS.

To take advantage of this bonus offer from Palmerbet, you just need to open a new account and make your initial deposit. In comparison to some other bonus offers the wagering requirements are also reasonable with a 2x wagering requirement.

* This promotion excludes residents of SA, WA, VIC and NSW. 18+ Gamble Responsibly.

How does the Melbourne Cup Carnival racing promo work?

    • Create an account at Palmerbet
    • Enter in the promo code “FBBONUS” during the deposit process.
    • The matched bonus amount will automatically be applied to your account.


Terms and conditions

      • Prior to withdrawing any winnings you must have turned the bonus over at least twice at odds greater than $1.80 per $1 bet.
      • Bonus must be redeemed within 48 hours of opening account or making deposit.
      • Only one first deposit or welcome bonus per person or household.
      • Multibets won’t count unless one leg has odds great than $1.81.
      • Only bets placed on qualifying races will count towards wagering requirements

Other great Palmerbet racing promos

Between 10pm and 12pm on Saturdays during the Spring Carnival, Palmerbet is giving customers boosted odds on selected runners, known as “Springy Odds”.

The bookie is also running a promotion on selected meetings where if you place a fixed odds win bet and your runner finishes second or third you receive cash back. Palmerbet is yet to announce whether this promotion will be running on selected Melbourne Cup Day races.

More Melbourne Cup bonuses