Palmerbet might seem to be a new name in the online bookmaking industry of Australia, but they’re far from novices when it comes to offering bettings odds. In fact, Palmerbet has been betting in Sydney for the best part of 30 years. The current online website has been active since August 2013 and it is very popular with bettors, mostly due to the great value that they offer. Palmerbet offers horse racing fans the ‘Best of the Best’ bet type, AFL and NRL fans can enjoy $2 lines on every match. In addition to these deals, there are promotions available on most sports every weekend, but rate alongside Unibet in terms of the regularity and value of their promotions, yet remain a distance off a bookmaker like Sportsbet.

For these reasons, we strongly recommend Palmerbet. Value is the number one credential we look for when comparing bookmakers and Palmerbet deliver it in spades.

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  • Fresh promotions provided regularly
  • Offer ‘Best of the Best’ betting
  • Owners bonus offers
  • Renowned bookmaker in the offline industry
  • Overall site navigation is easy to use

  • Sign up bonuses are not available for Australian citizens
  • No support for exotic multi bets

    Palmerbet provides a wide range of bet types when it comes to horse racing so you’ve got plenty to choose from. Unfortunately, you are not able to place multi bets.

    Palmerbet’s horse racing bet types

    Find out more about EXOTIC BETS
    Win Bet Types Win/place fixed, Best of the Best, Best Tote, Best of Two, Tote +5%, Top Fluc, Best Tote +SP, Middle Tote, Tote +10%
    Exotic Bet Types Quinella, Exacta, Trifecta, Quadrella


    Palmerbet specialises in horse racing betting, but this is not to say that they ignore general sports betting. In fact, they cover a plethora of sports, among which you’ll have no trouble finding a suitable market. What is most appealing is that they offer some terrific regular promotions on sports, as most good betting sites do.

    Sports betting types

    Sports Bet Products Single Fixed, Margin Betting, Line Betting, Fixed, Multi Bets, Live Betting
    Mobile Betting Palmerbet provides easy access to mobile betting thanks to their mobile app. Aside from that, you can also access the highly responsive website for a portable betting experience.
    Live Betting Select events are covered by the live betting features.


    Deposit Options MasterCard. Visa, Bank Transfer, Electronic Cheques, BPay
    Withdrawal Options Bank Transfer
    Withdrawal Requirements Identification can be done either online or offline within 30 days of joining the website or prior to any withdrawal
    Transaction Fees None
    Identity Check Yes
    Minimum Deposit Credit card: $10, Poli: $10, BPay: $25, Bank Transfer: depending on your bank
    Minimum Bet $1 over the Internet, $10 over the phone
    Maximum Payout AUD $200,000
    Maximum Payout $200,000 AUD for metropolitan Gallops meetings / $100,000 AUD for non-metropolitan Gallops meeting / $50,000 AUD for Greyhound or Harness meetings
    Forbidden Jurisdictions None specified
    Languages English
    Currencies AUD
    Odds formats Decimal
    Turnover Requirements 1x
    Mobile Site Yes
    Mobile App Yes
    Live Betting Available on the website and over the phone
    Account Dormant No fees