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Palmerbet Review 2020: All About Palmerbet’s Main Features

9 December 2019
by Laura-Elena Rolea

Commercial content | 18+

Check out our Palmerbet review, then enjoy the ultimate convenience of placing your bets on the go with the Palmerbet app. Palmerbet Australia is 100% owned and operated by Australians. With a license from Racing NSW, Palmerbet caters to Australian punters who want competitive odds on a wide range of betting markets. 

Palmerbet Review Details & Rating
Key Features

Dozens of Betting Markets

Competitive Odds

Easy to Navigate

4/5

App

Available for iOS and Android

4/5

Odds

Competitive

3/5/5

Streaming/Live Options No Live Betting or Streaming
Customer Service

Telephone Support

Email

Limited Hours

3.5/5

Sports Betting

Over Two Dozen Sports

Racebook

4/5

Register Coming Soon

[TDM]

Palmerbet Review: Key Features

Palmerbet offers several features that greatly enhance the sports betting experience. The site was definitely designed with user-friendliness in mind. The markets are neatly displayed, and the bet you are looking for is never more than a couple clicks away.

Horse racing fans will be impressed by Palmerbet’s racebook which is integrated with the sportsbook. Upcoming races are displayed on the site’s main page. Simply click on the race you want to bet on and the betting menu appears. You can even click on the jockey or trainer’s name to access important stats.

One feature that is conspicuously lacking is live betting. However, this is due to gambling laws as opposed to being an oversight.

Palmerbet App

Downloading the Palmerbet app gives you unfettered access to everything the site has to offer. You can get the Palmerbet Australia app for your iOS or Android device. Just click on the app icons at the bottom of the page and follow the instructions.

Palmerbet Mobile App

 

The app’s interface and layout look nearly identical to the desktop version. Scroll down the main page to see upcoming events. Alternatively, check out a particular sport’s betting menu by tapping on the appropriate sport. The app allows you to do anything the desktop site lets you do. Open an account, make a secure deposit, place bets, and conduct withdrawals. 

Betting Markets

Navigate your way to the main sportsbooks using your desktop or mobile device to see all the current betting markets. After clicking or tapping on a sport, you can narrow it down to a specific league, tournament, and individual event.

You can easily find odds on the following sports and events.

American Basketball Title
Football Soccer Cricket
Ice Hockey Aussie Rules Tennis
Alpine Sports Cycling Baseball
Boxing Handball Darts
Golf Politics Martial Arts
Motorsports Sailing Rugby League
Rugby Union Other Seasonal Events Snooker

Additionally, Palmerbet’s racebook offers loads of wagering opportunities almost every day. Place straight bets, parlays, and exotic bets. Palmerbet’s betting markets are on par with other Australian and international operators.

Palmerbet Review: Odds

As mentioned, Palmerbet’s odds are competitive.  Let’s examine at a random NHL hockey game between the New York Islanders and the Tampa Bay Lightning. The Moneyline odds at Palmerbet are:

Tampa Bay:    1.54

New York:  2.50

This means a Tampa Bay backer would need to risk $154.00 to win $100. Alternatively, a New York backer stands to win $250 if they bet $100. These odds equate to an odds margin of 4.94%which is certainly reasonable.

A leading international bookmaker has the Moneyline odds on the same game set at:

Tampa Bay: 1.571

New York:  2.54

These Moneyline odds add up to a 3.02% odds margin.

Now, let’s compare Palmerbet’s NFL odds for a match between the New York Giants and the Philadelphia Eagles. Palmerbet has the following Moneyline:

Philadelphia Eagles:   1.24

New York Giants:   4.10

This means the odds margin is 5.04%. Not bad, but far from great.

The international bookie has the following Moneyline odds:

Philadelphia Eagles:   1.253

New York Giants:   4.29

That adds up to a 3.12% odds margin. In both cases, punters have a negligible advantage by betting at the international site. However, the same can be said for most other Australian bookies. You also need to keep in mind that Palmerbet has several promotions that more than offset any discrepancies in the odds.

Streaming and Live Betting at Palmerbet

Neither the Palmerbet sportsbook or the Palmerbet racebook offers a live streaming feature. While this is mildly disappointing, the site can be forgiven. Live streaming is still a luxury and many other excellent bookies don’t have it either.

As for live betting? The Australian government prohibits Australian bookies from offering live betting. Therefore, Palmerbet and all other Australian bookies cannot offer in-play wagering. It’s worth mentioning that the Australian Interactive Gambling Act only applies to the bookmakers.

It doesn’t apply to citizens. Australians who want to make live wagers can freely do so at offshore sites that offer it.

Payment Options

After you open a new account at Palmerbet Australia, you have several banking options. Palmerbet does not charge any fees for making deposits or withdrawals, but most payment processors do. Be sure to check with your payment processor to find out what fees apply.

Deposits

Payment Method Processing Time Minimum Amount
Major Credit Cards Instant $10
POLI Instant $10
BPay 1-2 Business Days $25
EFT/Bank Transfer 1-2 Business Days Check with your bank

Withdrawals

Withdrawal Method Processing Time Minimum Amount
Major Credit Card 2-5 Business Days $10
Direct Bank Transfer 1-2 Business Days $10

* Maximum withdrawal amounts are determined by your credit card provider or financial institution.

Customer Service

The customer service team is helpful and knowledgeable. With that said, they work limited hours, which can cause a lot of frustration. They are standing by Monday through Saturday between 8 AM and 6 PM. You can contact a support agent on the telephone, or by sending a detailed email.

Overall Palmerbet Review

Palmerbet is a good site for Australian punters who want to support a domestic company. They don’t cover as many leagues as other sites, but they still offer a lot on their menu. Their posted odds are in line with other Australian bookmakers and they have some very good promotions. It would be nice if the government amended the IGA to allow live betting. It would also be nice if Palmerbet extended its customer service hours.

What we like What we don’t like
Good selection of promotions Limited customer service hours
Mobile app available No live betting or streaming
Plenty of betting options
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