Palmerbet sign up bonus details and review

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 via their sign up bonus and everyday betting products. New members that sign up with the Sydney based bookmaker can receive a free betting bonus to the value of $250. Palmerbet will match the first deposit made by a new customer with an equivalent valued bonus bet. This is a matched deposit offer and is competitive when compared to the sign up bonuses offered by other Australian bookmakers.

How to retrieve your bonus from Palmerbet

  • Register a new account by clicking the 'Claim $250' button above.
  • Complete the registration process
  • A first deposit of $250 will entitle you to free bets worth $250
  • Enter the Palmerbet bonus code 'FBBONUS'
  • Enjoy betting with your bonus!

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. Most of the large Australian bookies will block accounts that are winning large sums of money. Secondly, the family bookmaker offers a sign up incentive to new customers of $250 in the form of a free bet. Perhaps the defining reason that we would recommend Palmerbet to recreational sports goers, is that they deliver great value to their members in the form of long-running and weekly promotions. In addition, their horse racing bet types are the equal of any bookmaker

With a directive to accept large bets from winning punters, offer free bets and bonuses to new and existing members and provide great value football and horse racing betting, it's without hesitation that we recommend Palmerbet to new customers.

Palmerbet weekly bonuses and promotions

For recreational punters, the enticement of weekly betting promotions with their online bookmaker can increase the enjoyment as well as add great value to their membership. Not all of the Australian bookies offer weekly promotions in the form of betting refunds, bonus bets, special odds or free bets. Palmerbet certainly does offer great value weekly promotions. They aren't as competitive as some of the major promotion providers, like Sportsbet, but they do offer a good variety and number of bonuses each week. They usually come in the form of money-back specials and are usually valued in the $25 range.

Long term betting promotions

As well as the weekly bonus offerings, Palmerbet is different to most other bookmakers in that they offer some long-running promotions.

Even money lines on the AFL

One such promotion is Palmerbet's even money lines on all AFL matches. This is as fair as it will ever get! In what is a two horse market, they offer $2 about both results. This promotion is also available on all NRL matches.

Even money lines for the NFL

Palmerbet haven't forgotten about fans of American sport. They offer their even money lines promotion on the National Football League (NFL).

Best of the Best for horse racing

Fans of Australian horse racing will be excited to hear that Palmerbet offers Best of the Best on Saturday metropolitan meets. This great value horse racing betting product 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

Palmerbet refer a friend program

It use to be commonplace that bookmakers would offer a refer-a-friend incentive to existing members in a bid to entice new customers. The promotion is not so popular these days so it's definitely worthy of mention when a bookmaker does offer the program. Palmerbet will provide a free bet to the value of $50 if an existing customer refers a new player to the bookmaker.

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