Palacebet - complete review

Live betting

Palacebet have also answered the call for live betting on matches as this has become increasingly popular with punters. In the past there was always a mad scramble to get your bets in before the match started but live betting has turned the online betting industry on its head. Now you have the option of betting as the match progresses which adds a new level of excitement.

The betting odds change rapidly therefore the speed of the Palacebet main site and mobile app makes it perfect for live betting.

Football betting

Football is undoubtedly the most popular sport for betting with thousands of football matches taking place every week with Palacebet offering more than a 100 different betting markets for each match. They have odds on the outcome of matches and events within the match, such as the number of goals scored, corners won, red and yellow cards shown, and individual goal scorers.

Palacebet have numerous football promotions like odds boosters whilst having very competitive odds that ensure you have the best value bet.

There are a number of different types of bets, including accumulators where you can combine different selections to make one large odds price to place your bet. This is available with the majority of football markets. Palacebet covers all the major European leagues like the English Premier League, La Liga, Bundesliga, Serie A and the French Ligue 1.

Palacebet have extensive markets for the ever popular local PSL along with the various Cup competitions internationally and domestically.

Cricket betting

The sport of cricket was transformed in the last 15 years since the advent of T20 cricket and the shortest format of the game has also taken the betting world by storm. Palacebet offers great cricket betting odds on all formats with pre-match, live betting and outright options.

Live cricket betting lets you bet on all kinds of match events like which batsmen at the crease will be dismissed next or how many runs will be scored off the next ball, when there will be a boundary and so much more.

While the purists of the game may insist that Test cricket is the pinnacle of the sport, there is no doubt that T20 is the most popular format on the betting scene. Palacebet has betting markets on T20 leagues from around the world including the Indian Premier League, Big Bash League, SAT20 and the Caribbean Premier League.

Rugby betting

Rugby is South Africa’s second most popular sport and the betting markets are extensive at Palacebet. They have in-depth markets available on rugby matches in both the XV man game and the Sevens World Series.

Palacebet have matches from around the globe covered and have excellent odds on all the leagues and competitions from both the Northern and Southern Hemisphere. They cover all the local tournaments like the Currie Cup and Varsity Cup as well the international events like the Six Nations and Rugby Championships.

Rugby competitions like the URC, French Top 14, Gallagher Premiership and Super Rugby have great betting odds at Palacebet.

Horse Racing betting

Palacebet offered horse racing in the past but has since dropped this sport from its offerings. We are unsure of the reasons for this decision but it is certainly a weakness as there is a huge following of horse punters in the country. We hope this situation changes and will keep you informed the moment horse racing is offered again by Palacebet.

eSports

Palacebet have again dropped the ball so to speak as they do not have Esport betting on their site. This sport is one of the fastest growing sports in the world but unfortunately there are no betting markets for Esports at Palacebet.

Welcome Bonus

They have a unique double welcome bonus for both sports and casino punters. The sports welcome bonus is a R50 sign up bonus (no deposit required) and up to R6000 deposit match on your first three deposits.

The casino welcome bonus is R25 sign up bonus (no deposit required) and up to R6000 deposit match on your first three deposits. This is how the R6000 bonus offer works:

• 100% up to R2000 (1st deposit offer)
• 50% up to R2000 (2nd deposit offer)
• 100% up to R2000 (3rd deposit offer)

Lucky Leg

Take a football accumulator bet with a minimum of 7 legs, and if you are let down by 1, Palacebet will refund your full stake as a Free Bet. The offer is only valid if all your selections are at odds of 5/10 (1.50) or higher.

Multiplier: Get up to 50% Extra

Choose from any sport, including all leagues, competitions and betting markets. Choose at least two pre-match selections at minimum odds (1.2) per selection. Your potential winnings are boosted automatically with up to a maximum 50% extra. The more selections you have the higher the odds boost.

Shoot and Score

Take R1000 worth of bets on Football in a week (Monday – Sunday) and get a R250 Free Bet. Only single bets at odds of 5/10 (1.50) or more and multi bets at odds of 12/10 (2.20) or more and each leg at 1/5 (1.20) or more will contribute to the required turnover to qualify for the Free Bet.

Deposit

These are the most popular deposit methods available at Palacebet.

OZOW – Instant EFT- This method has become the most popular method to players that have a banking app. Once you click on this option; a small pop screen will open which will give you the option of deposit amount, you enter the desired amount and, it will show you this message on the screen “Generating deposit request” and will give you a list of a few South African banks, choose your bank of choice, then the login page of the chosen bank appears. You can put your ID and password and finish the transaction process. This method instantly reflects in your account.

1 Voucher – The second option on deposit request is ‘1 Voucher’ choose this option and then click on submit button. A window will open the ‘one voucher’ pop up screen,here you need to put ‘Voucher Code’ and your mobile number and click the ‘submit button’. This method instantly reflects in your account.

OTT Voucher – The third option on deposit request is ‘OTT Voucher’ choose this option and then click on submit button. A window will open the ‘OTT voucher’ pop up screen, here you need to put ‘Voucher Code’ and your mobile number and click the ‘submit button’.This method instantly reflects in your account.

Bank Transfer – One of the older payment methods available at almost all online sports betting sites, bank transfer is a good way to go ahead to pay for sports betting or get your payouts directly to your bank account, but shoddy when it comes to charging a fee for processing as well as actually using your bank account details in the long run. This option could take up to 24 hours to reflect in your.

How to make a deposit

These are the easy steps to follow when making a deposit at Palacebet.

• Enter “LogIn” details: Enter your username and password.
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• Deposit Tab: Choose the Green Deposit tab at the top of the page.
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• Click Deposit: Click on the deposit button.
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• Deposit method: On the deposit screen it will give you a choice of different methods of deposit.
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• Deposit Amount: Choose an amount that you want to deposit.
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• Credit Amount: After the deposit has been made your account will be credited instantly or could take 24 hours to reflect depending on the deposit method that you chose.The Voucher method is instant and starts at R10.
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Make a Deposit

Withdrawals

One of the disappointing aspects of Palacebet is their withdrawal options which are only via bank transfers. This method could take up to 3 days for the funds to arrive in your bank account.

How to withdraw money

These are the steps to follow to withdraw your winnings at Palacebet.

• Login: Visit www.palacebet.co.za using your browser.
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• Enter username and password: Login tо yоur ассоunt by clicking the login buttоn аt thе tор right соrnеr.
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• Click Account Balance: Click on your account balance as the top of the screen.
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• Select Withdraw: Click on the withdraw button on the left of the screen.
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• Enter Amount: Scroll down tо thе аmоunt sрасе аnd еntеr thе аmоunt yоu wаnt tо withdraw.
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Withdraw Now