Palmerbet review and account promotions

New to the Australian online bookmaking scene, Palmerbet is a name that has been synonymous with Sydney horse racing for the best part of 40 years. Now operating as a fully functioning online betting agency, Palmerbet is attracting new members by offering some great value with their betting promotions and everyday betting products.

If you are a punter that regularly bets $200 on horse races, you will find that Palmerbet is one of better betting sites to bet with, due to their Best of the Best product. Likewise, when it comes to NRL betting, the Friday night promotions add value to your punting dollar.

Palmerbet logo

Join Palmerbet


  • 100% Australian owned

Join now

Reasons to join Palmerbet

  • 100% Australian owned bookmaker
  • Use Best of the Best for horse racing betting
  • Register a new account by clicking right here.

Palmerbet review was launched as an online business in 2013 by brothers Grant, Matthew and Adrian. Previously, Grant Palmer took bets as an on-course bookmaker at Sydney race venues. Indeed the family has a history of bookmaking as their grandfather Ted worked for many years in and around the betting rings of New South Wales.

Whilst the business is still in its formative years, the numbers are already quite impressive. Palmerbet achieved turnover in their first full year of operation up around the $100 million mark. The early success of Palmerbet can be explained by a number of factors. Firstly, and what is likely to be a major incentive for potential customers is that Palmerbet won't stop winning punters from betting. Our bookmaker reviews reveal that many bookmakers will block accounts that are winning large sums of money. Perhaps the defining reason that sees us recommend Palmerbet to recreational sports goers, is that they deliver great value to their members with their long-running sports and horse racing promotions. Finally, their horse racing bet types rival those offered by new bookmaker Neds, and are the equal of any bookmaker in Australia.

With a directive to accept large bets from winning punters, offers of bonus bet promotions to existing members, combined with their betting products; it's without hesitation that we recommend Palmerbet to new customers.

Palmerbet Rating
  • Betting odds - 85
  • Betting promotions - 80
  • Bet types - 100


Palmerbet have the distinction of being a 100% Australian owned betting company. All parochialism aside, they offer great betting products, promotions and bonuses to new members.


Palmerbet review infographic

Promotions and betting products

Best of the Best for horse racing

Fans of Australian horse racing will be excited to hear that Palmerbet offers the Best of the Best product on Saturday metropolitan meets. This great value horse racing bet type pays out the higher of the 3 totes or the official bookmakers' top fluctuation. The bet type is particularly useful when betting on longer priced selections. It's a product that is not offered by every bookie, is another agency that offers best of the best.

best of the best offered by Palmerbet

Owners Bonus Scheme

Palmerbet offers clients who own a racehorse an additional bonus when placing a bet on their own horse. They offer Best of the Best betting for all owners. However, where it is normally capped at a maximum of $250, Palmerbet will payout Best of the Best winnings up to a total of $50,000 on metropolitan race meets! For non-metro meets the maximum payout is $20,000. Given that BOB prices can often vary significantly in favour of the punter, the bonus scheme can potentially add great value for racehorse owners.

horse racing ownership bonus scheme

Mobile Betting Options

Mobile betting with Palmerbet is quick and easy. The website responds to all viewing devices but is particularly efficient for browsers using mobile phones. The Palmerbet App is available to download and features all of the main functions of the website on one easy to use mobile platform.

Palmerbet Contact Details and Customer Service

Palmerbet can be contacted via phone between the hours of 8am and 6pm Monday to Saturday. An online service is available for members via email at anytime during the day. Palmerbet is based in Sydney, N.S.W. and can be reached via the following channels:

  • email:
  • Telephone help: 1300 12HELP
  • Phone betting: 1300 123BET
  • Postal address: PO Box 1036, Cronulla, NSW 2230