PalaceBet review
Our verdict
PalaceBet is a licensed South African betting site holding a Western Cape Gambling & Racing Board licence. With a welcome bonus of R6,000, PalaceBet offers 10 sports markets, live betting, and a mobile app. Competitive odds.
Pros and cons
What we like
- Competitive odds
- Wide sports incl. unique props
- Promotions
- Mobile app
Could be better
- Limited withdrawals (eft only)
- Slow fica (2+ days)
- Past closure rumors probets
Rating breakdown
Welcome bonus
Up to R6,000 match across 3 deposits (100%/50%/100% up to R2,000 each) + R50 free bet on sign-up Probets, MyBettingSites
Payment methods
Deposits are typically instant. Withdrawals via EFT take 24 to 72 hours depending on your bank and FICA verification status.
Sports and markets
PalaceBet covers 10 sports with pre-match and in-play markets.
Features
Frequently asked questions
Is PalaceBet legal in South Africa?
Yes. PalaceBet holds a licence from a South African provincial gambling board, making it a legal operator under the National Gambling Act.
What is the PalaceBet promo code?
Use promo code NEWBONUS when signing up to claim the welcome bonus of R6,000.
What is the minimum deposit at PalaceBet?
The minimum deposit is R5. Payment methods include 1Voucher, Blu Voucher, EFT, Ozow.
Does PalaceBet have a mobile app?
Yes, PalaceBet offers a mobile app for Android and iOS.