Pros
- Quality horse racing betting services and odds
- Free tips and suggestions for the existing customers on the Palmerbet blog
- Excellent App for mobile betting
- Attractive website
- 100% Australian-based betting company
Cons
- Limited betting markets
- Low odds on horse racing section
- No Live Streaming feature
Opinions 0
All reviewsReview of the bookmaker PalmerBet from Legalbet
Palmerbet’s online betting platform entered the Australian online wagering industry back in 2013 after operating on-course at all Sydney Metro races for over 20 years. Palmerbet is fully licensed by Racing NSW and financially guaranteed by the NSW Bookmaker co-op.
In this Palmerbet review, you will get to see how good the odds are and what types of betting markets can you find at this betting company.
Odds - Average
We calculated the margin for PalmerBet by analyzing the odds they offer. We further ranked them in one of the following three categories:
From 1% to 5%: Low
From 5.01% to 7%: Normal
From 7.01% to 10%: High
Soccer
We got our results by taking into account the odds for final result outcomes measured in line with the over / under for different soccer leagues. Getting the average results using this method, we were able to obtain the margins for each league and the overall betting margin for the bookmaker.
PalmerBet has an overall average margin of 6.15% for soccer and falls in the normal category. In the first section with Spanish La Liga and Seria A, the margin is at 5.53%. With Premier League and Championship, in the second section, the margin is at 6.44%. Finally, taking the Netherlands Eredivisie, Polish Ekstraklasa and Austrian Bundesliga into account, the margin is at 6.47%.
Range of Sports and Markets - Poor
At Palmerbet, you can bet on over 35 different kinds of sports, starting with popular ones such as soccer, tennis, cricket, rugby, basketball and ending with obscure sports like athletics, snooker or darts. Furthermore, they provide you with the opportunity to place bets on the most popular tournaments and leagues in the world such as NRL, AFL, NBA, NHL, NFL, Premier League, Champions League, Europa League, etc.
When it comes to racing, Palmerbet offers a huge amount of betting markets for both local and International Horse races, Greyhounds or Harness racing. Each of these sections is separated into local and international racing, while the results can be seen in the Results tab.
In addition, punters can take advantage of some interesting horse racing products like Top Flucs, Best of the Best (BOB), Best Tote + SP and Best Tote (Win/Place). Furthermore, Palmerbet’s customers can wager on single race markets, including Quinella, Exacta, Trifecta, Quadrella, First Four or the classic Win/Place bet.
Quick Multis is another great feature that can be found at Palmerbet, which is available for several sports leagues such as AFL, NRL, EPL, etc.
Palmerbet’s BetBook also needs to be mentioned here, as it’s a new social platform that allows their customers to connect with each other and see their bet slips.
Information about the company
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State/territory licensing authority:
Liquor & Gaming NSW
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