Players from United States accepted
100% up to $500
Founded in 2020, PalaceBet is an excellent betting platform with ultra-modern features. The PalaceBet sportsbook is licensed and equipped with the latest technological tools to protect the players’ personal and financial details.
Unlike the average gambling platform, this site only has a section for Betgames and a sportsbook. South African players enjoy plenty of deals, promotions, bonuses, payment options and responsive customer service on this platform.
So, explore this detailed PalaceBet review to get a proper insight into the steps to create an account and get started. Also, learn about the site’s banking options, betting options, bonuses, and more.
PalaceBet Website & Account Info
To make one of the most revised PalaceBet reviews, it was essential to scrutinize their website design. And the interface is impressive too.
palacebet.co.za
The design of the site and the navigation option are user-friendly and easily understandable. The website is entirely professional and attractive, and players can efficiently place bets and spend time on this site.
Legality & Player Security
PalaceBet is a legal and fully licensed gambling site operated and controlled by the Western Cape Gambling & Racing Board.
It means the website is safe and legit for South Africans. This gambling site is a legitimate platform with expertise in land-based casinos.
How to Sign Up with PalaceBet
Log in at PalaceBet is free, but you must qualify for the minimum age criteria with valid FICA documents. The PalaceBet sign-up process involves these steps:
- Step 1: Visit the official website of PalaceBet through your computer or hand-held device.
- Step 2: On the top right corner of the page, you’ll find a yellow “Join Now” button. Click on it.
- Step 3: Fill in your details, including your name, date of birth, email ID, etc.
- Step 4: Fill up your residential info and ID number. Remember to fill in the details as mentioned on the FICA documents.
- Step 5: Fill in your username along with your password.
- Step 6: Go below the page and accept the terms and conditions by ticking a checkbox.
- Step 7: Create your profile by submitting the details.
- Step 8: Complete email verification and start with the FICA verification procedure.
Verifying Your PalaceBet Account
This site requires players to undergo the FICA verification process to alleviate any chances of money laundering.
You’ll have to upload documents to verify and confirm your residential and identity details during this process. Here are a few steps to verify your account via an online upload form and email.
- Step 1: Click pictures or scan your recent utility bills and ID/passport.
- Step 2: Login and go to your email.
- Step 3: Compose a new mail and ensure to attach the FICA documents.
- Step 4: Send these documents to support@palacebet.co.za.
- Step 5: Wait until you receive the verification confirmation message from the sportsbooks’ customer support team.
PalaceBet Quick Facts
| 📅 Year Established | 2020 |
| 🤑 Welcome bonus | 100% up to R2000 |
| 📱 Mobile application | ➖ |
| 💵 Minimum Bet | R2 |
| 🔝 Maximum Profit | Unlimited |
| ↩️ Payout Percentage | 96% |
| 🖱️ Live (In-Play Mode) | ✅ |
| 📺 Live streaming | ➖ |
| 💸 Cash Out | ✅ |
| 🎰 Other Products | Casino, lucky numbers |
Banking Options
The PalaceBet sportsbook offers a wide range of safe and reliable banking options for South African players.
| Min. deposit | R25 |
| Deposit Charge | Free of charge |
| Min. Withdrawal | R100 |
| Withdrawal time | Up to 5 working days |
| Payout | 96% |
The gambling site ensures optimal safety and security by protecting the players’ financial data with advanced encryption technology. Here is the breakdown of these sportsbooks’ banking methods.
Deposit Methods
The current minimum deposit amount of this site is 20 ZAR. The PalaceBet bookie hasn’t mentioned any specific maximum deposit limit yet.
Every deposit is instant, and processing fees depend on the method and situation.
| Banking Methods | Min-Max Deposit | Processing Time | Processing Fee |
|---|---|---|---|
| EFT | 20 ZAR – NA | 3-5 business days | Not Known |
| Credit Card | 20 ZAR – NA | Instant | Not Known |
| Zapper | 20 ZAR – NA | Instant | Not Known |
| Ozow Instant EFT | 20 ZAR – NA | Instant | Not Known |
| 1ForYou Vouchers | 20 ZAR – NA | Instant | Not Known |
| OTT Vouchers | 20 ZAR – NA | Instant | Not Known |
Withdrawal Methods
Once you’ve got a FICA-verified PalaceBet account, you can choose the EFT banking option to withdraw your winnings.
PalaceBet withdrawal via EFT or debit cards can take up to five business days to process. The site hasn’t specified any minimum withdrawal amount and maximum withdrawal limit for the players.
| Banking Methods | Min-Max Deposit | Withdrawal Time | Processing Fee |
|---|---|---|---|
| EFT | Not Specified | 3-5 business days | Not Known |
| Debit Cards | Not Specified | Instant | Not Known |
PalaceBet Bonuses
The PalaceBet bookmaker welcomes the new players with a 100% match up to 1000 ZAR on the first deposit. To qualify for the promo, you must be a citizen of the Republic of South Africa older than 18.
By meeting these requirements, you can claim the reward by depositing your account with a minimum of 50 ZAR using the PalaceBet bonus code: TBA. Loyal punters at the site can enjoy a range of promos like the Shoot n’ Score, R100 Evo Games, Lucky Leg, and more.
PalaceBet Welcome Bonus
The PalaceBet welcome bonus at this site is a 50% match up to 2000 ZAR on the first deposit. The total amount must be wagered five times before claiming a bonus withdrawal.
3.0
100% up to R2000
Get a 100% deposit match offer up to R2000 on your first deposit! Full T&Cs apply
The minimum betting odds for single bets are 1.70 or 1/70. For multiple bets, the minimum odds are 2.80 or 28/10, with each leg 1.4 or more extensive. Live betting on casino games will not be considered wagering.
What to Bet on
PalaceBet offers an extensive range of local and offshore sporting activities.
| Number of Sport Games | 29 |
| Number of Sport Events | 373 |
| Live Events Daily | 189 |
| Live Events Monthly | 5670 |
| Pre-match Events per Month | 13760 |
Sports Betting
However, most players tend to bet on football matches as this sport is the most popular and has high viewership in South Africa.
Available Sports
However, punters who aren’t football fans can place bets on MMA, golf, boxing, rugby, cricket, basketball, volleyball, cricket, ice hockey, and more.
Sports Competitions, Leagues, and Events
PalaceBet offers a variety of sports competitions, leagues and events for a punter to bet on.
Whether for Premier or Champions League, NBA or UFC betting, PalaceBet has prepared favourable odds.
Special Events
PalaceBet offers different betting options, among which a punter may discover various special events. Some of the special events betting options include:
Esports Games
Like most modern bookies, PalaceBet provides Esports betting market options.
Click on the Esports tab in the Sports section and you will find:
- Daily match list;
- TOP and all Esports leagues;
- Live Esports.
Live Betting
In-play or live betting is getting more widespread nowadays. The most popular sportsbooks have live betting options on their websites.
palacebet.co.za
On PalaceBet you may find the in-play betting option in just one click from the homepage, which is indisputably convenient and user-friendly.
Live Streaming
It has become commonplace for online bookmakers to offer live-streaming service on their platforms. Using this feature, a punter can place a bet on one of the in-play events and follow it online. At the moment, PalaceBet does not provide live streaming services. Nevertheless, one may find such options as live betting and track live scoring statistics.
Mobile Betting
PalaceBet mobile betting version is fully-optimized and features a simple design with a minimalistic graphic interface. This site can be loaded on your Smartphone or Tablet (Android and iOS) browser to let you bet without trouble.
PalaceBet App
After getting in touch with the site’s customer representatives, it got revealed that the PalaceBet betting app will be launched soon.
PalaceBet Pros & Cons
| PROS | CONS |
|---|---|
|
|
PalaceBet Odds
The vast selection of sports available on this gambling site is more than enough.
| Sports | Historical Odds |
|---|---|
| ⚽ Football | 93.87 % |
| 🏀 Basketball | 92.53 % |
| 🎾 Tennis | 92.94 % |
| 🏏 Cricket | 94.12 % |
| 👍 Overall | 93.01 % |
You can enjoy playing a range of popular soccer leagues like cricket, rugby, golf, and tennis.
Other Products
PalaceBet offers a range of exceptional BetGames titles to its players. Play it any time, any day, and try its newly launched Rock Paper Scissors.
palacebet.co.za
Some of its fast-rewarding games include casino classics like Baccarat and Poker. Also, enjoy playing lottery-style draws like Lucky 5.
Contacts & Support
If you’ve any queries or complaints about your PalaceBet account, you must contact their customer service via telephone, email, or live chat.
| Support email | support@palacebet.co.za |
| Support Phone Number | 0860 PALACE |
| Live chat | Yes |
- Phone: 0860 725 223
- Email: support@palacebet.co.za
- Live Chat: Go to the homepage and click on the orange speech bubble
- Hours: Mon – Fri (10:00 am – 10:00 pm), Sat-Sun and public holidays (10:00 am to 05:00 pm)
- Social Media: Facebook and Twitter
PalaceBet Verdict
Despite being relatively new to the South African online gambling industry, PalaceBet has developed a comprehensive product.
It has everything from excellent bonuses and safe banking options to helpful customer service and a wide range of sports options.
So, to conclude this PalaceBet review, the final words would be that it’s a perfect site for the ultimate betting experience on different sports.
Open Acc at PalaceBet
Frequently Asked Questions
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Is PalaceBet legit?PalaceBet is a legitimate gambling site in South Africa that holds licensing from the Western Cape Gambling & Racing Board.
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How good is PalaceBet for Esports betting?PalaceBet is an excellent site for the ultimate Esports betting experience. You can bet on Esports tournaments like DOTA 2 and CS: GO.
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How does PalaceBet payout?PalaceBet offers its payout via EFT or MasterCard and Visa debit cards.
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Is PalaceBet a good sportsbook?PalaceBet is an excellent sportsbook as it offers many bonuses and promotions, safe and reliable banking methods, responsive customer service, multiple sports bet options, and more.
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