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Palmerbet Review & AU Rating 2021

Is Palmerbet Scam or Legit?

So you’re looking for some info about Palmerbet are ya? Fortunately, the Captain is here to help!

Our Palmerbet reviews will tell you all about how this fully Australian owned bookie has so much more to offer than their excellent racing options. There’s also a focus on AFL & NRL, as well as American sports and EPL soccer.

That’s not all though – you can also find out why our experts think that the Palmerbet app offers one of the best mobile betting service in the country!

Palmerbet: Pros & Cons
  • Fully Australian owned and regulated online sportsbook
  • Top-quality mobile betting site and downloadable app
  • Betting markets on Aussie sports, American sports and the Premier League
  • Excellent racing betting service
  • No ewallet payment options

Bonus Offers - No bonuses to speak of in our Palmerbet

In accordance with Australian gambling legislation, unfortunately, we won’t be able to discuss any bonus offers from Palmerbet here. If for any reason you’re unaware, or you’re fresh off the plane from the UK, we need to remind you in our Palmerbet reviews that unfortunately sign up bonuses are a thing of the past here in Oz.

Palmer bet is a fully Australian owned, licensed and operated online bookie, but the same rules apply to international betting brands operating here in Oz – check out our Ladbrokes Review as an example.

Usability, Look & Feel - An aesthetic design discovered at Palmerbet Australia

Website

The Palmerbet Australia website is a breath of fresh air for a couple of reasons. First of all, because the light blue colour scheme on a white background is not only simple and effective, but it’s much lighter and easy-on-the-eye than the dark colour schemes that have come to dominate online sportsbooks today. Secondly, while horse & greyhound racing is clearly advertised, they don’t take up the majority of the homepage – AFL, the Premier League and America sports are also pushed.

Usually, fully owned Aussie sportsbooks are very racing focussed, meaning we have to turn to international brands for a more diverse bookie – not the case here. Overall, the site is easy to use and navigate – definitely among the best betting websites in Australia.

Mobile

You might have come across some other Palmerbet reviews that were a bit negative, but we’re happy to tell you that such reviews are definitely outdated. The Palmerbet app certainly had some teething problems when it was first launched.

However, after a few updates and tweaks to the interface, it’s now a slick and user-friendly product that can rival anything out there on the market. As with the website, they’ve sacked off the flashy designs that make other betting apps too busy and stripped it back to make it easy on the eye. The app is free to download and is available for both Apple iOS and Android devices.

Payments - Is Palmerbet reliable for payments?

Palmerbet offers a choice of just 4 payment options; credit card, Poli, BPay and EFT/Bank deposit. The notable absence we found when searching for our Palmerbet reviews was the lack of a proper ewallet payment method. However, we would recommend BPay or Poli as they are the closest safe and secure alternatives in terms of online privacy and fraud protection.

Deposits

The minimum deposit amount is $10 for credit card & Poli and $25 for BPay. The minimum deposit amount when using EFT or bank deposit depends on your bank itself but could be as low as $1. To make a deposit, go to “My Account” and click on the “Deposit Funds” button. From there, you can select your prefered payment method and follow the instructions to enter your details.

Withdrawals

The minimum withdrawal amount is $10, so long as your account ID is fully verified. If you want your withdrawal to start being processed the day you request it, make sure you do make it before the cutoff at 2 pm. You should receive bank transfers within 48 hours and credit card withdrawal within 2-3 days. You can make withdrawals to a foreign bank account, which usually takes 3-5 business days – but can take longer depending on the country and bank.

Credit Card
Bank Transfer

Customer Service - High Palmerbet ratings for customer support

You can contact the Palmerbet Australia customer service team via either phone, email or post. There is no live chat service available, which has resulted in a slight dip in our Palmerbet ratings. That being said, the customer service team are helpful and they do have two separate phone lines – one for general assistance and one specifically to help you place a bet, which you can do over the phone if for any reason you’re struggling online. The email service had a pretty swift and helpful response when we tested it, however as is the case when making withdrawals, we recommend getting in touch as early in the working day as possible.

Before contacting the customer service team though, you can check out the help centre, which has extremely helpful answers and step-by-step guides, especially when it comes to making deposits and withdrawals. Additionally, they also give you some trouble-shooting guides to potential problems that can arise with betting and payment issues. If you’re looking for an alternate route to engage with the Palmerbet team, they are contactable on social media via Facebook, Twitter, Instagram & Youtube. Overall, the best way to get quick and easy answers is to call them up.

License & Security - Is Palmerbet secure?

As we told you at the start of our Palmerbet reviews, this is a fully Aussie-owned and operated online sportsbook. All of the gambling & betting operations conducted by Palmerbet are regulated and governed by the Responsible Gambling Policy and the Australian Bookmakers Association Code of Practice. For residents in South Australia, the operations are regulated by the South Australian Responsible Gambling Code of Practice. Added to that, Palmerbet Australia is licensed by Racing NSW and OLGR and financially guaranteed by the NSW Bookmakers Co-operative

So overall is Palmerbet reliable? We’re pleased to say it’s a resounding yes here. If you want to find out about the licensing measures of some non-Aussie sportsbooks that operate here, check out some of our other reviews, with answers to questions such as Is PointsBet reliable?

Being legit, regulated & reliable is one thing, but we also want to know is Palmerbet secure? Palmerbet is secured using 2048-bit encryption, which keeps your transactions and your account information safe. In addition to that, they have a pretty strict ID verification process that will need to be approved before you can make any withdrawals, helping to protect you from online fraud or theft. For similar reviews, find our answer to the question, “is BetStar secure?”

New South Wales

Rewards & Loyalty Programme - Are regular bettors rewarded at Palmerbet?

Once again, Aussie gambling laws and regulations prevent Palmerbet Australia from offering and advertising tier reward schemes that you might find in the UK and New Zealand bookies. That being said though, Palmerbet still has heaps to offer their punters and account holders in terms of great odds and an overall excellent service.

To find out what offers are currently available with Palmerbet, you’ll need to sign into your account and click on the “promotions” tab. You can check out user reviews to get an idea of past offers, but again, don’t take them as gospel. It’s worth reiterating that all Australian bookmakers are now subjected to these strict laws, and that doesn’t look like changing anytime in the near future. IF you’re interested in seeing how some other top Australian betting sites are handling the new gambling legislation, then check out some of our other betting site reviews, such as our Neds Ratings.

Palmerbet Sports Betting

Betting Markets - A market for everyone at Palmerbet

One of the high points that resulted from our experts’ Palmerbet ratings is not only the range of sports betting markets on offer but also the focus and how they are promoted. Most online bookmakers that are completely Australian owned and operated are extremely focussed on pushing horse racing and little else (except greyhound racing). It was, therefore, a breath of fresh air to see that the Palmerbet site also pushes other sports, including AFL & NRL. There is, of course, plenty of focus on racing bet markets, as Aussie punters love their nags and they don’t want to alienate half of the population!

As well as Aussie sports, Palmerbet also offer betting markets on American leagues, such as the NFL and NBA and EPL Soccer (there’s also A-League if you like it closer to home). On top of that, you can take a punt on tennis and fans of combat sports can bet on UFC – disappointing lack of boxing though. Given that we usually have to go for international betting brands to get a wider range of sports, it’s nice to see a 100% Aussie bookie that offers us a bit of diversity.

Odds - What are Palmerbet odds like?

When Palmerbet Australia launched their online service, their commitment was to offer “better odds and bigger limits”. Still being in their relative infancy compared to some of their more established Aussie counterparts, Palmerbet still has a bit of a way to go. However their racing odds are fair compared to the competitions and when researching for our Palmerbet reviews, we saw plenty of promise that they are definitely on their way to improving consistently.

They do offer competitive odds in some cases, which means that they are able to equal their rivals. Additionally, some of their daily promotions like the Bookie Bag offer value odds as well as odds boosters. There’s also enhanced odds promotions on selected races, which gets you fixed odds plus 30%. On top of all of that, Palmerbet also offers an Owners Odds Product for horse owners. For a fairly new bookie, the odds are already impressive with plenty of signs that they are going to improve to be among the most competitive on the market in the near future – especially for horse and greyhound racing.

Live Betting & Streaming

The Palmerbet live streaming service is there, but there’s definitely some room for improvement. They do offer live betting markets on all of the sports available on their site, however, in order to get the odds, you need to call them up which is a bit of a pain in the proverbial. As we said, they haven’t been around as long as most of the others, so this is no doubt going to improve – and we’ll be the first to let you know when it does! Another shortfall in our Palmerbet ratings is that they don’t offer any form of live streaming service at the time of writing.

Limits - What are the Palmerbet limits?

As we mentioned above, Palmerbet’s mission statement when launching was to bring “better odds and bigger limits” and they appear to be well on their way to doing that. Overall, the maximum payout limit is capped at a nicely high AUD$1 million, which ain’t too bad. The win limits vary depending on the sports and competition. When it comes to horse races, the maximum win limits are different for the various races and bet types. The racing bet types with the highest limits are Win and Place & Quaddie, with a max limit of $300,000. There’s technically no deposit limit, however, you can set one for yourself if you want to manage your betting habits.

Product Summary & Conclusion - A homegrown bookie with plenty to offer

Palmerbet is already a top-quality Australian bookmaker that is only going to get better in our eyes. Australia was badly in need of a homegrown bookie that offers something a little different and in Palmerbet we’ve found what we’re looking for.

The range of betting markets is decent, the limits are high and the odds are at least competitive with strong signs of future improvement. Sure, the live betting could improve, and we’d like to see a streaming service added, but we’re pretty sure that will all come in good time. So if you want to hit the ground running with a new and dynamic online sportsbook here in Oz, we would definitely recommend  Palmerbet to you.

Overall Conclusion - An Aussie-owned bookmaker with plenty to offer

Overall, if you’re after an Australian-owned sportsbook that’s moved away from the tired model of pushing nothing but nags, then Palmerbet is definitely worth a punt. Palmerbet ratings have rapidly shot up in recent times thanks to the huge improvement on their app, which is honestly now one of the best in the country. And while we can tell you about the promotions straight out, you can trust us when we say that this online betting site has heaps to offer you. So would we recommend Palmerbet Australia? Think you already know the answer to these questions, but yes – yes we would!

Palmerbet Reviews FAQ

❓ Can you still get a Palmerbet bonus?

Australian gambling laws now mean that sign up offers and welcome bonuses with online sports betting and casino sites are a thing of the past. However, online betting sites are still able to offer bonuses to their existing customers. They can’t advertise their bonuses to non-member, so you’ll have to sign up in order to see any available promotions. You can, however, get an idea of the recent promotions by checking out reviews, such as the Palmerbet Ratings at CaptainGambling.

🏇 How can I bet with Palmerbet?

Find out how you can sign up with Palmerbet Australia today in the expert review here at CaptainGambling.com. Palmerbet is a fully Australian-owned bookmaker that offers betting markets on a range of sports. Unlike traditional Aussie sportsbooks though, the focus isn’t only on racing bets, although that makes up a large part of their offering.

🏧 How can I deposit into my Palmerber account?

Making deposits into your Palmerbet account is easy. In actual fact, the process is fairly similar to that of other online bookmakers here in Australia. You can find all of the available deposit payment options, as well as a step by step guide right here at CaptainGambling.com – a one-stop-shop for all your betting reviews and questions.

✅ Is Palmerbet legit?

Palmerbet is a new and exciting betting site and mobile app that is 100% Australian owned. While new sites are interesting, there’s no track record of safety and security. That’s why the experts at CaptainGambling.com have thoroughly tested and reviewed this betting site and have taken a look at the licensing & regulation in all Australian territories.

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