PalaceBet Sportsbook: Bookmaker Review

Average User Rating:
High Betting Odds 
Tailored For South African Bettors 
Online Free Bets & Promotions Weekly 
Looking for an online bookmaker in South Africa? If so, PalaceBet might be your ideal choice! To understand why that is the case, go on and read our review. That's where you will learn about its promo deals, betting markets, payments, and more.
Betting Markets
1-3 Days
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PalaceBet Review | Best Betting Site South Africa

by George Abebe
| 01/08/2021

Licensed by the Western Cape Gambling and Racing Board, PalaceBet is the place to go for online sports betting in South Africa. This is a real money sportsbook where you can bet on all of your favorite sports, getting some nice bonuses along the way. To learn more, make sure to read our PalaceBet sports betting site review!

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+ 35 Free Spins
200% BONUS
+ 50 Free Spins
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PalaceBet sportsbook is owned by Peermont Global, a South African corporation that owns multiple businesses, including land-based casino resorts. The company launched its online betting site a few years ago, after receiving a license from the gaming authorities of the Western Cape. The operating license makes PalaceBet a 100% legit destination for South African bettors.

PalaceBet Sports Betting Site

PalaceBet Sportsbook ReviewWe believe PalaceBet is one of the top betting sites in South Africa in terms of user-friendliness. Some of the features that make this platform easy to use include the following:

  • Sports menu – All the events are organized into categories depending on the sport/competition
  • Search – Rather than browsing the betting offer, you can use the search feature to find what to bet on
  • Highlights – Click the Highlights button and the site will display all the most popular events of the day for your online sports betting
  • Odds format – You can choose the format in which the betting odds are displayed (decimal or fractional)

Another great thing about the PalaceBet website is that you can use it on all sorts of devices – PCs, laptops, iPhones, Android smartphones, and even feature phones.

Sports Markets Offer At PalaceBet

PalaceBet covers all the sports that are popular among bettors in South Africa. Soccer is the most heavily featured sport, with almost half of all the events in the offer belonging to this category. Apart from betting online on soccer, PalaceBet also covers sports like American football (NFL and NCAAF), basketball (NBA, EuroLeague, etc.), and so on.

The sportsbook also features cricket events, as well as many rugby league/union competitions. Then, there's also a huge selection of esports tournaments to bet on.  Some of the games covered include:

  • League of Legends
  • Dota 2
  • Rainbow Six
  • Counter-Strike: GO
  • Valorant

When it comes to online horse racing betting, PalaceBet has its own online racebook. You are not going to find any horse racing events in the sportsbook offer, but if you head to the section titled Horse Racing, you will be able to put your money on hundreds of races every single day.

PalaceBet Speedy Deposits & Withdrawals

PalaceBet lets you make deposits/withdrawals in the South African rands by using one of the following methods:

Deposits are processed instantly, while withdrawals usually take up to three working days. When it comes to fees, PalaceBet does not charge anything on payments, but there could be some fees charged by the company that carries out the transaction.

PalaceBet Support via WhatsApp, Phone, etc.

PalaceBet has a live chat feature, through which you can get in touch with support agents every day of the week from 08:00 to 21:00 (on weekends, they're available until 22:00). Our experience is that it takes literally only a couple of moments before an agent responds.

In addition, to live chat, the PalaceBet customer support team can also be reached through email at [email protected] or telephone (0860 PALACE).

Safe & Secure Sports Betting For South Africans

Evidence of this sportsbook's trustworthiness is that it has a license issued in South Africa. Furthermore, the sportsbook is owned by one of the most successful companies in the region, which has no intention of ruining its reputation by doing its business badly.

For all these reasons, you can be sure that PalaceBet is going to take good care of your privacy, as well as of the security of your funds.

Specializing In Horse Racing Betting
Many Live Betting Events
User-friendly Website
Easy Mobile Betting
Outstanding Reputation
Small Amount Of Payment Options
No Dedicated Mobile App

Bonuses and Promotions

PalaceBet Betting Site Welcome BonusPlaceBet Free Bets & Bonuses

PalaceBet would not be one of the best online sportsbooks in South Africa if it didn't offer amazing bonuses. The first deal you can claim is the 100% welcome bonus of up to R1,000, which comes with a 3x wagering requirement on 1.50+ odds for singles and 2.20 for combo bets.

Other deals you can find here include an R250 soccer free bets bonus, odds boosters, online free bets for NBA games, and so on.

Top PalaceBet Sportsbook Bonuses
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Bonus Value
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On First Deposit


Do you need to verify your PalaceBet sports betting account?

Yes, you need to! First, you are required to provide contact information in order to be able to create a PalaceBet account., Then, it's necessary to finish the FICA verification in order to be allowed to bet and withdraw your winnings.

Are there any online free bets for South African players at PalaceBet?

PalaceBet is one of the online betting sites in South Africa that have plenty of bonus deals on the table. Sometimes those deals involve some free bet bonuses.

Does PalaceBet Bookmaker have its own mobile app?

At the moment, there's no special mobile app, but all mobile users can use their mobile browser to open the PalaceBet website. It works fine on practically all phones, including not just smartphones but feature phones as well.
Betting Markets
Payout Percent
1-3 Days
Payout Speed
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Company Information

0860 725 223 (PALACE)
License: Western Cape Gambling and Racing Board
Est Date: 2020

Deposit Methods

Withdrawal Times:
Credit/Debit Cards - 1-3 Business Days
EFT, Zapper - Up To 24 Hours
Withdrawal Limits:
Not Stated
Minimum Deposit:
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