Palmerbet Bookie Review: Bonus $500.00 Deposit Bonus

Just when it appeared that the market for online bookmakers in Australia was completely saturated, a local Sydney bookmaking operation run by the Palmer family has joined the fray.

  • Join Palmerbet Online Here
  • Open a new account with Palmerbet
  • Make a deposit and get a Palmerbet deposit bonus up to $500.00 !!

You now have the satisfaction of dealing with well-known locals rather than some far flung enterprise from the other side of the world.

Palmerbet Review Betting Bookmaker

Please understand, we are not knocking any of the likes of Paddy Power, William Hill or Ladbrokes.

They, and others, have injected much interest into online wagering in Australia, but it is nice to see the needle move to the other side of the gauge on occasion.

The Palmer family has been a presence on the rails of Sydney racecourses, and many interstate venues as well, for thirty years or more. Launching their website in August of 2013, they now have the ability to offer many markets beyond racing to a much larger audience of punters. Palmerbet Mobile App Review

They have received their license from the New South Wales authorities and they have kept their location at Canterbury racecourse as their headquarters.

It could possibly be said that Palmerbet.com.au is late to the party, but that decision was ultimately theirs and should not be subjected to endless second-guessing.

Even if second-guessing is second-nature for sports and racing obsessed Australian punters who enjoy nothing so much as any opportunity to weigh in on strategy, tactics and decisions of any sort involving their favourite competitors, before and after the fact.

At any rate, it could also be said that the party has only just begun and will only get bigger and better as time progresses.

Palmerbet Bonus Details

Punters who visit the website will find a familiar feel to the organisation and layout.

There are two primary reasons for this observation. One is that the same firm who did the job for Luxbet did the majority of the development work for palmerbet.com.au

The more important, however, is that the three column design with sports on the left, markets in the middle and the betting slip on the right is an elegantly simple design that moves a punter efficiently through the process from beginning to end.

It makes life simple for both newer online punters and those who have grown accustomed to the clean and intuitive process the three column design affords.

Palmerbet Bookie Review

Palmerbet.com.au does list the availability of a mobile website, and quite frankly it would be absurd to not have one.

This reviewer was somewhat perplexed about the mobile platform, however, because even though there is a picture of a mobile phone that carries the headline, “Mobile Betting, Bet on the Move,” this did not seem to be an active link, so it is not certain how one would go about downloading mobile applications or accessing a mobile website.

To be fair, this could be a temporary issue, or could even have been some sort of malfunction on this end, but given how smoothly everything else on the website functions and how simple it is to navigate betwixt sports, markets, betting slips, promotions, etc. it is hard to imagine a glitch on this end being responsible.

Another possibility is that registration is required in order to access a Members area where accessing the mobile platform would be facilitated.

Moving on to some of the other relevant aspects of Palmerbet.com.au, here are some of the details that most punters contemplating a bookmaker will want to know.

  • New Member Bonus

    Palmer betting is currently offering a deposit matching bonus bet of up to $500.00 to new members. This can be used on any sport as long as it is a Fixed Odds market with odds of at least 1.40. This bonus, as well as any that may be earned from any of the various promotions Palmerbet offers, has a 2x turnover requirement. The new member bonus is valid for Australian residents only, however, Victoria and South Australia residents are excluded.

  • Available Funding Methods

    Wagering accounts may be funded with Visa and MasterCard, BPAY and POLi. For identity verification and identity theft protection, credit card deposits will require a clear copy of both sides of the card, which can be submitted electronically or by regular post.

  • Funds Australian Dollar

    All funds must be in Australian dollars and it would seem appropriate at this point to mention that only the English language is supported.

  • Minimum Wagers

    Online wagers are subject to a $1 minimum. Telephone wagers require a $10 minimum. Both types require bets to be made in $0.50 increments.

  • Maximum Payouts

    Best Tote + SP maximum payout is $30,000. The Best of the Best racing product limits wagers to a maximum of $250 per runner. Metropolitan thoroughbred races are limited to $100,000 and non-metropolitan races carry a $50,000 maximum payout. Harness and greyhound racing payouts max out at $25,000.

  • Other Sporting Events

    For other sports, Palmerbet.com.au does not specifically list any maximum payout levels, instead directing inquiries to the website of the Office of Liquor, Gaming and Racing (OLGR).

  • Live Betting

    In-play betting is supported for certain sports, but as is the case for all Australian online bookmakers, all in-play activity must be conducted via telephone.

  • Betting And Promotions

    Palmerbet.com.au is the equal or better of most online bookmakers in this department. They have a nice assortment of ongoing and one-off promotions that vary according to sport and season. They have a very wide range of racing bet types, along with all the exotics a racing punter could ever hope to find.

Plamerbet Even Money Lines

Conclusion

Palmer betting seems to have come out of the gate in fine fashion. The lack of transaction fees and dormant account fees is a definite positive. They seem to offer a more than satisfactory range of markets, have competitive odds and plenty of promotions to help to maintain a high level of punter interest.

It remains to be seen how they will fare once they have been around long enough to give a better indication of where they stand with regard to margins.

Palmerbet.com.au could serve very well as a singular online betting agency or as an additions to others, depending on the needs of the individual.