Palacebet South Africa Review: Bonus Codes, Registration and Mobile Apps

Bonus: 2000 ZAR
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7 - 11%
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Palacebet Sportbook Review

PalaceBet provides a variety of Pre-game and in-play Sports wagering options powered by the DraftKings platform, based in the United States, for both casual and serious online gamblers.


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Palacebet Pros and Cons

  • Huge variety of sports wagering options;
  • Highly responsive betting site;
  • Mobile Application available;
  • Many payment methods available;
  • Less withdrawal options;
  • Pre-verification process before depositing at the Palacebet account is tedious;

Where is Palacebet Legal and Safe?

PalaceBet's website is entirely legal for South Africans to use because it is properly licensed (10189453-001) and governed by the Western Cape Gambling & Racing Board.


Overall Author's Opinion about Palacebet

Alisa Barladyan
PalaceBet is the betting site to visit if you're seeking one that offers a big selection of sports, in addition to casino and poker games. It is a fantastic alternative for anyone wishing to place an online wager due to its huge selection of games, a broad selection of games and leagues, numerous payment choices, and simple user interface from all platforms. Additionally, PalaceBet has a smartphone application that can be downloaded from the sportsbook wagering site and the App Store, making mobile betting even simpler. Palacebet is legal for South Africans and already has an existing gambling license. Given it uses the latest American technology on its site, its clear that it puts the safety of punters' data first. The sportsbook, however, has a very tedious pre verification exercise due to FICA regulations. Its withdrawal methods available are not quite many as punters would prefer hence the sportsbook needs to work on that bit.

Palacebet Bonuses

Palacebet sportsbook has a number of incentives available for new and experienced punters. They have odd boosts, shoot and score freebet, multibet incentives and even offer cash prizes and gifts in some of their bonus schemes. However, the sportsbook does not have a Loyalty program yet.


Welcome Bonus

Image showing the sign up offer at Palacebet South Africa
Palacebet Welcome bonus

When you make your initial deposit after signing up with PalaceBet, starting with a minimum amount of R50, they will give you a 100% bonus up to R2000. Create a new account, deposit up to R2000, and you can take advantage of the promotion by receiving an additional 100% to bet with.

To activate the offer, make your initial deposit using the promotional code "WelcomeBonus." If your profile at the betting site has been confirmed, the bonus cash will be automatically credited when you enter the code.


Overall Author's Opinion about Palacebet Bonus Program

Alisa Barladyan
The Palacebet Welcome Offer, which consists of an initial deposit offer of up to R2000, isn't the biggest one available, but the reasonable wagering restrictions make it an appealing deal. We'd like to see more local bookies offer bonuses that can be converted into cash rapidly due to the low wagering requirements. You'll have no issue finding a respectable market at the necessary odds thanks to Palacebet's dozens of sports wagering options. For the welcome offer, as soon as you make a qualifying deposit, the bonus is promptly paid to your "bonus balance." The most bonus money we will ever return is R2,000. More money will not become available if you deposit more than R2,000. The time given for a new punter to qualify for this incentive is three days. In addition, the sportsbook offers more bonuses for punters which include multibets up to 50% extra, free bets in different sports, and in-play promos for tennis.

Mobile Sports Betting

Google Play
App Store
Mobile Version

Palacebet sportsbook also has an Android version for its punters. To get the application

  • Visit the sportsbook website;
  • At the top of the screen there is a download app option;
  • When you click the option, the Palacebet Apk file begins to download;
  • Go to your phone settings and allow the installation of applications from unknown sources;
  • Go to your downloads and click the Apk file you downloaded to install;
  • Open the application, sign in and begin betting;

To get the Palacebet iOS application, all you need to do is

  • Visit the Apple App store;
  • Search for the Palacebet App;
  • Click Get and download the application;
  • Launch the application, sign up and begin wagering;

You may effortlessly make wagers on your smartphone thanks to the PalaceBet mobile site's responsive design and complete adaptive capabilities. The mobile interface has excellent usability. It looks similar to the desktop version, with a few minor navigational variations. All you have to do is visit the sportsbook betting site via your preferred browser on your device, sign in and begin wagering. It saves you space therefore you really dont need the app to wager.


Palacebet Sportsbook Features



Palacebet competes with the top wagering sites in this area by providing some fantastic odds.

We compared Palacebet's odds to those of a few other South African bookmakers, and we were astonished by how much value this bookmaker provides its clients.

Palacebet could be your favorite betting site if you enjoy good odds.


Cash Out

One of the best features in the nation for full and partial trade outs is offered by Palacebet. Although other wagering platforms have jumped on the trade out trend, very few of them offer it as well as this betting site does. The cash out offers are reasonable.

The only aspect of the cash out we believed might be improved is for Palacebet to explicitly state which options they offer trade out for.


Excellent User Design

The website's layout and navigation options are simple to use and comprehend. Players can effectively place bets and pass time on this appealing, completely professional website.



The sportsbook has all statistics lined up for punters, especially in the live games option where you get visual and detailed data on games on the Palacebet betting site.


Overall Author's Opinion about Palacebet Sportsbook Features

Alisa Barladyan
Palacebet betting site has features which enhance the betting environment of punters it caters for. The features stand out as one of the best in the country. The sportsbook has a very accessible cash out feature which helps punters withdraw parts of their funds before the completion of an event in which they had placed their bets. However, this feature is only available for selected sports options so you have to check so that you know if you can cash out. The website is also very attractive to the eye and its layout is simple hence it makes a punter find the event or market of his interest easily and quickly. Palacebet betting site odds are one of the best in the South African market hence they give the young sportsbook a competitive edge over other bookmakers in the country. Overall Palacebet betting site has an amazing array of features.

Palacebet Odds, Lines, and Betting Markets


Sports Betting Options

At the Palacebet betting site you can wager on a handful of sports which include:

  • Soccer;
  • Basketball;
  • Golf;
  • Boxing;
  • Aussie Rules;
  • American Football;
  • Badminton;
  • Tennis;
  • Horse racing;
  • Cricket;
  • Cycling;
  • Darts;
  • Gaelic Football;
  • Motor racing;
  • Ice Hockey;
  • Rugby League;
  • MMA;
  • Snooker;
  • Table Tennis;
  • Volleyball;
  • Water Polo;
  • Handball;
  • Amongst others.


What Kind of Bets Can I place?

You are also well-served by the PalaceBet betting site in terms of markets. These in soccer go beyond the category of Overall Winner and also comprise:

  • Goalscorer;
  • Over/Under;
  • Draw no bet;
  • Halftime/Fulltime;
  • Moneyline;
  • Both Teams To Score;
  • Double Chance;
  • Asian Handicap;
  • Correct Score;

And many others at different wagering options available at the betting site.


Bookmakers Comparison

Bookmaker MetaScore Bonus Margin Cash Out Live Streaming
69 2000 ZAR 7 - 11% Visit Site
79 R25+50 SPINS 3 - 7% Yes No Visit Site
78 - 8 - 12% Yes No Visit Site
76 1000 ZAR 7 - 11% Yes No Visit Site
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Palacebet Sportsbook Live Betting and Live Streaming

For a variety of sports, including esports, cricket, basketball, table tennis, and more, PalaceBet offers live betting. You may always be aware of the games you can wager live up to 7 days prior thanks to the PalaceBet live betting platform's high responsiveness and integrated calendar.

Live streaming is also provided by PalaceBet. You can watch live events like tennis matches, soccer games, and more without having to go to another website, thanks to this. This function is fantastic for sports fans.


Palacebet Sportsbook Sign-Up Process

Registering at Palacebet South Africa is quick and easy.


Open Official Website

Open Official Website

Visit the Sportsbook website.


Enter Personal Information

Enter Personal Information

In the top right corner of your screen, select the Join Now icon. Enter your first and last names, date of birth, and email address on page 1. Enter your province, phone number, ID or passport number, city, address, and zip code on page 2. Enter your username, password, and funding source on page 3. Accept the terms and conditions of the website and decide whether you wish to get marketing alerts. For the registration process to be completed, click Create My Account. To start the account verification process, click the link in your email. You can then sign in and begin wagering.


Palacebet Sportsbook Login Process

After Registering at Palacebet, you can then begin the login process which is quite straight-forward.


Open Official Website

Visit the Palacebet website.

Image showing Palacebet homepage
Palacebet website


Enter Username and Password

Click the login button at the top of the webpage. Key in your username or email address together with the correct password. Submit the information by clicking Login. You can then begin wagering.

Graphic showing details required to sign in at Palacebet sportsbook
Palacebet login details

Palacebet Banking Options


Palacebet Deposit Methods

Deposit MethodProcessing TimeMinimum DepositMaximum DepositFee Charged
EFT3-5 days20 R-Zero
Credit CardInstant20 R-Zero
ZapperInstant20 R-Zero
Vouchers(ITT and 1ForYou)Instant20 R-Zero


Palacebet Withdrawals

Withdrawal MethodProcessing TimeMinimum WithdrawalMaximum WithdrawalFee Charged
EFT3-5 days50 ZAR-Zero
Debit CardsInstant10 R-Zero

Official Info

  • Website -;
  • Established - 2020;
  • License - Western Cape Gambling and Racing Board;
  • Address - Century City, Cape Town, 7441;
  • Headquarters - South Africa;
  • Sponsor Deals - Golden Gloves;


Palacebet Customer Support

Users who are having issues can contact Palacebet in a number of ways.

When compared to other sportsbooks in the country, we were quite impressed by how dedicated they were to being helpful. You can reach Palacebet customer support via:


Author's Conclusion

Despite having some drawbacks due to it being a new entrant into the online sports wagering industry, the product or service is nonetheless fairly competitive. There is a lot to offer in terms of diversity and unique gaming elements, with a large range of sports available along with the addition of lottery and casino games. Promotions, deposit/withdrawal methods, and other sectors that are lacking can all be handled and enhanced in the future. 

The sportsbook registration process is quick and very simple. However, the verification of an account takes almost 24 hours and that could be a lot of time since you have to conform to FICA regulations. The sign in process only needs a username and password and you are good to go. The sportsbook also has a ton of sports wagering options which is commendable for a betting site that is quite young. Overall, a respectable website with tons of betting and gaming possibilities to keep you occupied for days.



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Also ask
Is Palacebet Sportsbook Legal and where?
The Western Cape Gambling & Racing Board has granted permission to PalaceBet to operate legally in South Africa.
How to use a Palacebet Free bet?
Sign in to your Palacebet account and check your profile to see if you have any remaining free wagers. If so, select your preferred wagering slip and choose to use the free bet before submitting your wagering slip.
How to deposit and cash out at Palacebet?
You must sign into your PalaceBet account before making a deposit. Once you have logged in, go to the top menu and select "Funding," then select the option that best fits your deposit method. To cash out at Palacebet all you need is to check your available betting slips and see whether there is an available cash out option after which you can select Cash Out .
Does Palacebet sportsbook have a mobile App?
Yes. The Palacebet betting site has a mobile app for Android and iOS users.
What is the Minimum bet at Palacebet betting site?
You can wager with as low as R1.
How to do a Palacebet Password reset?
When a player clicks the login button at Palace Bet and then taps the Forget your password button, the password reset procedure is initiated.
Does Palacebet offer in-play wagering?
Yes. Palacebet betting site offers live betting for different wagering options in the sportsbook.
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