Palmerbet Review - $250 Deposit Bonus

With family involvement in the Sydney betting scene for over 30 years, and following in their grandfather Ted Palmer's footsteps, Andrew and Grant Palmer have now taken their bookmaking online. Palmerbet have made a commitment to offering "a more youthful, interactive and fairer betting experience for all punters", offering better odds and higher limits.

Palmerbet Promo Code

Palmerbet Bonus Offer:Details:
Palmerbet Voucher Code: Reveal Bonus Code
Bonus Type: First Deposit Match
Palmerbet Bonus Amount:  $250
bettingexpert Offer: 100% up to $250
Minimum Deposit: $10
bettingexpert Rank: 3 stars out of 5

Sign up with Palmerbet today, use the Palmerbet promo code to take advantage of the Palmerbet Bonus and receive a first deposit bonus of 100% up to a maximum of $250. *

Palmerbet bonus code

*offer not available for residents of Victoria, NSW, SA and WA.

Claiming your Palmerbet Bonus is easy. First register and open an account with Palmerbet, make a deposit and enter the promo code, and you'll receive a 100% bonus up to a maximum of $250.

Sign up now and claim your $250 Palmerbet bonus*

*offer not available for residents of Victoria, NSW, SA and WA.

Palmerbet Review

In our detailed Palmerbet review and user guide we will discuss everything that you need to know about this emerging bookmaker in the Australian betting industry, from how to sign up with Palmerbet, how to take advantage of Palmerbet's first deposit bonus offer to placing your first bet, the markets you can bet on at Palmerbet, how to enjoy the range of user features and promotions at Palmerbet plus much more.

Palmerbet join

Our Palmerbet review and user guide has been written with you, the punter in mind. We've researched every aspect of Palmerbet so as to help you decide if this bookmaker meets your betting needs.

What you will find in our Palmerbet review:

Introducing Palmerbet

With a rich history in on course bookmaking in Sydney, Grand and Andrew Palmer's Palmerbet is a new player on the Australian online scene. Palmerbet is a 100% Australian owned and operated bookmaker and are licensed by Racing NSW and is financially guaranteed by the NSW Bookmakers co-op.

Palmerbet logo

Palmerbet offers Australian punters a great range of sports to bet on, with both pre-match and in-play markets available for the most popular sporting leagues, tournaments and competitions in Australia such as the AFL, NRL, A-League, Super Rugby and of course horse racing, harness and greyhound racing, as well as the most popular leagues, competitions and tournaments across the globe such as the English Premier League, the Champions League, major US sporting leagues like the NFL, NBA, NHL, NBA, international cricket and tennis. Palmerbet also provides a quality menu of more obscure sports leagues and tournaments to bet on. So if there's a sporting or racing event that you're keen to have a bet on, there's a good prospect that Palmerbet has a market framed for you.

Palmerbet Facts & Figures

Company: Palmer Bookmaking Pty Ltd
Head Office: Canterbury Racecourse, NSW, Australia
Founded: 2013
Sports Betting License: Racing NSW.
Palmerbet Promo Code:

Signing Up With Palmerbet

Before you can begin placing bets with any online bookmaker you must first register your details and create an account with that bookmaker. This is usually a fairly straightforward process through which you will be asked to enter some basic personal information.

So how to sign up with Palmerbet? Well it's a pretty simple task and our step by step Palmerbet sign up guide will take you through the process.

Step 1

When you visit Palmerbet you will see a basic sign up form. Simply fill in the details and click the Join Now button. The detailed Palmerbet registration page will then open for you.

Palmerbet join

Step 2

The Palmerbet registration page will ask you to provide some elementary personal information such as your name, date of birth, address, phone and of course your email address. If at any stage in your Palmerbet accont registration you have any questions or encounter any issues, you can call Palmerbet help on 1300 123 238 or via email [email protected].

Step 3

Once you have provided all the required information, click the Join Now button at the bottom of the Palmerbet registration page. You will then have the first chance to deposit funds into your new Palmerbet account. (We will cover the full range deposit methods available for Palmerbet customers later in this review).

Once you have made your first deposit, you are ready to begin placing bets. Remember that Palmerbet will match your first deposit with a 100% bonus up to the value of $250 when you enter the Palmerbet bonus code.

How To Claim Your Palmerbet Deposit Bonus

Claiming your Palmerbet Deposit Bonus is easy. First you must sign up and create an account with Palmerbet,  make a first deposit  and then enter the Palmerbet bonus code into the Voucher code field via your Redeem Promo page in the My Account section.

This does not mean that your first Palmerbet deposit has to be $250, but rather that the limit of your deposit bonus is any amount up to a maximum of $250. So as an example, if your Palmerbet first deposit is $250, you will receive the full maximum bonus of $250 on top of your deposit, giving you $500 in total to bet with. On the other hand, if your first deposit is just $100, your bonus will only be $100.

Palmerbet bonus code

Palmerbet Bonus Bet Expiry

You do not have to use your Palmerbet Bonus Bet right away. But you must meet the turnover requirements on any winning bets within 90 days of claiming your bonus. We will discuss Palmerbet bonus turnover requirements shortly.

Qualifying Market Restrictions

Your Palmerbet bonus bet funds must be wagered on fixed odds markets with odds listed at 1.40 or greater.

Accessing Your Palmerbet Bonus Bet Winnings

It should be noted that only the winnings from your Palmerbet bonus bet will be credited to your account. So for example, if you use your full $250 bonus bet at odds of 3.00 and your bet wins, a total of $500, the profit from your winning bet, will be credited to your Palmerbet account.

Turnover Requirements

Before you can withdraw any funds from your Palmerbet account,  the amount of your initial deposit and any winnings from your bonus bet winnings must be turned over at least twice with win bets placed at odds of at least 1.80. This requirement must be met within 90 days of receiving your Palmerbet bonus. It should be noted that multibets do not count towards your turnover requirement unless each leg of your multi are at odds of 1.80 or greater.

Geographical Restrictions

Unfortunately if you are living in either Victoria, New South Wales, South Australia or Western Australia, you are not eligible to claim the Palmerbet first deposit bonus. This is disappointing, but add your email address here and we will inform you as soon as these geographical restrictions are lifted.

Sign up with Palmerbet and claim your $250 bonus*

*offer not available for residents of Victoria, NSW, SA and WA.

Palmerbet Bonus Comparison

How does the Palmerbet bonus compare to other popular Australian bookmakers? Here's how the Palmerbet bonus offer stacks up against other leading bookmakers.

 Max OfferOffer Type  
Bookmaker bonus $250 Deposit Bonus Bookmaker bonus Read our Palmerbet review
Luxbet bonus $500 Deposit Bonus Luxbet bonus Read our Luxbet review
Ladbrokes bonus bet $250 First Bet Bonus Ladbrokes bonus bet Read our Ladbrokes review
Bookmaker bonus $250 Deposit Bonus Bookmaker bonus Read our Bookmaker review
Betstar bonus $250 Deposit Bonus Betstar bonus Read our Betstar review
bet365 bonus code $200 Deposit Bonus bet365 bonus code Read our bet365 review
William Hill bonus bet $200 First Bet Bonus William Hill bonus bet Read our William Hill review
Betfair bonus bet $200 First Bet Bonus Betfair bonus bet Read our Betfair review
Sportsbet bonus bet $150 First Bet Bonus Sportsbet bonus bet Read our Sportsbet review
Crownbet bonus $150 Deposit Bonus Crownbet bonus Read our Crownbet review
Unibet bonus code $80 Deposit Bonus Unibet bonus code Read our Unibet review

Palmerbet Promotions & Free Bets

A top selection of regular free bet, price boost and bonus offers is available via the Palmerbet promotions page. Our Free Bets page delivers every current free bet offer from each of the major Australian bookmakers including all current Palmerbet promotions. We update them daily to keep you posted on all the latest offers available.

All Palmerbet promotions are available to customers in all Australian states except for new NSW and WA customers.

Palmerbet App & Mobile Betting

As more and more punters begin to use their mobile device to bet with and the always increasing popularity of in-play live betting, the rise mobile betting is set to continue. Key to an enjoyable in-play live betting experience is having a dependable mobile platform to bet with and the Palmerbet App provides this.

However at this time, Palmerbet does not have a mobile app for either iOS or Android. Their site does however have a user friendly mobile version that can be accessed via any mobile device.

Palmerbet mobile

Sign up with Palmerbet and claim your $250 bonus*

*offer not available for residents of Victoria, NSW, SA and WA.

Palmerbet Betting Odds

While Palmerbet declares a commitment to offering great odds, they do not offer the best odds in the industry when it comes to bookmaker commissions. AFL betting customers can get match game lines at odds of 1.90 with head to head match odds listed at similar commission rates. If you are a NRL punter, game lines are available also at odds of 1.90. Palmerbet customers can also bet on other markets such as major European soccer leagues, competitions and tournaments as well as the NFL, NBA, MLB and NHL at similarl commission rates.

Sign up with Palmerbet and claim your $250 bonus*

*offer not available for residents of Victoria, NSW, SA and WA.

How To Deposit With Palmerbet

Funding your Palmerbet account is an easy process with a number of deposit methods available for Palmerbet customers.

Palmerbet deposits

Palmerbet customers can deposit funds into their accounts via Credit card, Bank Transfer, Poli and Bpay. For details on each deposit method, please refer to Palmerbet's deposit methods FAQ.

Depositing via Bank Transfer

You can deposit directly into your Palmerbet account via your online banking account, and using your Palmerbet account number. You can do so via:

Commonwealth Bank
Account: Palmerbet
BSB: 062-150
Account Number: 10357132

Placing a Bet with Palmerbet

Thanks to their user friendly interface, placing your bets with Palmerbet is simple. To show just how easy it is, we have put together a quick step by step guide to placing a bet with Palmerbet.

Step 1

Log into your Palmerbet account. If you are yet to register your details and create an account with Palmerbet, follow our quick guide to creating an account with Palmerbet here.

Step 2

You can select a market from the quickl menu located at the top of the main menu displayed in the left side bar. If the market you are looking for is not displayed, scroll down to find the full list of sports available at Palmerbet.

Step 3

Once you've found the sport that you want to place a bet on, click on that sport and select the league or tournament that you wish to bet on from the drop down list provided.

Step 4

Once you've found the market you want to bet on, find the specific event from the options listed.

Step 5

Once you've found the particular event you want to bet on, you will be offered a list of markets for that event that you can place a bet on. Choose the market you are looking to bet on and then outcome that you want to bet on by clicking on the odds being offered.

Step 6

Your selection will then be added to your Palmerbet 'Bet Slip' and displayed on the top of the right sidebar. To place your bet, enter how much money you would like to bet on this result into the 'stake' field.

Step 7

Once you've entered your desired stake, click the green 'Bet Now' button. If you have sufficient funds in your account to cover your desired bet stake, your bet will then be confirmed. If however you do not have the funds need to meet your stake, you will be given the chance to deposit additional funds into your account.

How To Withdraw Funds

Withdrawing funds from your Palmerbet account is a fairly straightforward process. It should be noted however, that before you can start to withdraw any funds from your account, you have to first complete the Palmerbet customer verification process. You can initiate this process by visiting your My Account page by clicking the link at the very top of the page. Scroll down and click the Verify My Account link.

Once Palmerbet account has been verified, you will be able to withdraw your funds. Here's how:

Step 1

Log into your Palmerbet account, click the Withdraw Funds tab displayed in the main menu within your My Account section.

Step 2

Palmerbet offers a range of withdraw methods, including Bank Transfer and credit card.

Step 3

Enter the amount of money that you would like to withdraw from your Palmerbet account as well as your preferred withdrawal method.

Step 4

Depending upon your preferred transaction method, it may take anywhere between a few hours to a few days for your funds to become available to you. If at any stage you have concerns regarding the status of your withdrawal please contact Palmerbet customer support for help.

Palmerbet Customer Support

An important part of any bookmaker experience is the quality and availability of customer support. Palmerbet provides customer support and can be contacted via the following methods:

Free Phone: 1300 123 238
Available Monday to Saturday 8am to 6pm (AEST)
Email: [email protected]
Twitter: @PalmerbetAU
Postal Address: PO Box 1036, Cronulla, NSW, 2230.

You can also access a series of user FAQs and customer guides.

Responsible Gambling at Palmerbet

Palmerbet provides customers with a detailed guide to Responsible Gambling listing a number of options available to ensure Palmerbet customers that their gambling doesn't get the best of them. These options include the ability for customers to limit their deposits, set loss limits with the additional option of permanent Self Exclusion from the site which gives users the ability to block access to their Palmerbet account.

For more information on problem gambling visit our Responsible Gambling Guide.

Sign up with Palmerbet and claim your $250 bonus*

*offer not available for residents of Victoria, NSW, SA and WA.

3 Things Users Like About Palmerbet

#1 – Palmerbet Bonus

Palmerbet customers have praised the bookmaker for their generous firs deposit bonus. Simply using the Palmerbet bonus code PBBONUS when signing up will provide you with a 100% bonus on top of your first deposit up to a maximum of $250. It's one of the more generous new customers offers in the Australian betting industry.

#2 - Palmerbet Promotions & Free Bets

Palmerbet also offer a gret range of regular promotional offers that can be accessed via their Promtions & Features page. These include enhanced odds offers, money back deals as well as the Palmerbet refer a friend offer that will see you a $50 free bet for each friend that you refer to Palmerbet.

#3 – Enhanced Multis

Another popular Palmerbet feature are their Enhanced Multis. These can be accessed via the Enhanced Multis tab on the main sports menu or via the Palmerbet Promotions & Features page. Palmerbet Enhanced Multis are regularly updated and typically feature popular upcoming sporting events, such as the weekend's AFL and NRL, plus European football and US sports.

3 Things Users Don't Like About Palmerbet

#1 – No Mobile App

While most online bookmakers have now developed an app available on both iOS and Android, Palmerbet are yet to do so. This would of course be a great addition for any Palmerbet customer, however they do currently offer a mobile version of their site that can be accessed via any mobile device.

#2 - No Live Streaming

Unfortunately Palmerbet does not currently offer a live streaming service. This is a disappointment and diminishes the value of being a Palmerbet customer somewhat, with other industry leading bookmakers such as bet365 and Unibet offering superb live streaming features.

#3 - No Cash Out

Another criticism of Palmerbet is their lack of a cash out feature. Cashing out is becoming an increasing popular and highly demanded feature, and so it's understandable that many punters have found Palmerbet's lack of a cash out feature a disappointment.

10 Frequently Asked Questions and Answers

#1 – What is the Palmerbet promo code?

Find the Palmerbet promo code here and claim your $250 in bonus bets.

#2 – What is the difference between a bonus bet and deposit bonus?

While some bookmakers such as bet365 offer a sign up bonus giving you a bonus on top of your first deposit, Sportsbet offers you a bonus bet. So what's the difference? Rather than applying to your first deposit, Sportsbet's bonus bet applies to your first bet, matching it 100% up to $150.

#3 – What is required to claim my Palmerbet Bonus Bet?

It's easy. To claim your Sportsbet Bonus Bet, you must first sign up and create a Sportsbet account. When prompted, deposit funds into your account. Then once your account is funded, place your first bet. Once you have done so, Sportsbet will match the stake of your first bet up to $150 within 24 hours.

Please note that this does not mean that your first bet has to be $150. It simply means the limit of your Sportsbet Bonus Bet is up to $150. So how about an example? Let's say your first bet is $200. If this is the case, you will receive the full $100 maximum bonus bet. But if your first bet is $50, your bonus bet will only be $50.

#4 – Why does Palmerbet offer new customers a 100% bonus bet?

If you've been watching any televised sporting events recently, you will have surely noticed just how competitive the betting industry has become. Sportsbet offers new customers a 100% bonus bet up to $150 as a way of attracting new customers to sign up.

#5 – How can I contact Palmerbet customer support?

There are a number of ways that you can contact Palmerbet customer support.

Free Phone: 1300 123 238
Available Monday to Saturday 8am to 6pm (AEST)
Email: [email protected]
Twitter: @PalmerbetAU
Postal Address: PO Box 1036, Cronulla, NSW, 2230.

#6 – What sports can I bet on at Palmerbet?

Palmerbet offers the standard range of sports and betting markets for you to place bets on. You will find each of the following sports available for wagering at Palmerbet: American football, Australian rules football, baseball, basketball, beach volleyball, biathlon, boxing, cricket, cross country, cycling, dart, Gaelic football, golf, handball, hunting, ice hockey, motor sports, netball, rugby league, rugby union, skiing, ski jumping, snooker, soccer, surfing, swimming, tennis, UFC and volleyball.

#7 – Can I bet on my mobile with Palmerbet?

While Palmerbet does not have an app, they do offer a mobile version of their site for customers on the following platforms:

Mobile and Tablet

#8 – Does Palmerbet offer live streaming?

No, unfortunately Palmerbet does not provide customers with access to live streams of a range of sporting events each day.

#9 – Does Palmerbet offer a Cash Out feature?

No, unfortunately Palmerbet does not offer customers the opportunity to cash out of their bets, and take a profit or to limit their liability.

#10 – Does Palmerbet currently offering a streamlined live betting feature?

Unfortunately at this time Palmerbet are yet to introduce an enhanced live betting feature of their own such as bet365's betCall or William Hill's Click to Call. We are hoping it won't be long before Palmerbet follow other bookmakers in the Australian betting industry and implement a streamlined live betting feature of their own.


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