New Palacebet Review 2023

Palacebet is one of Mzansi’s top flight online bookmaker and they provide their customers with an excellent betting sites which comes with a mobile app. One thing to note about Palacebet is that they have excellent customer care where they will always put your needs first which makes their customers loyal to their platform.

As a new customer you will feel welcomed with Palacebet’s signup bonuses which will kick start your betting experience and as you become an existing client you will still feel at home with their generous promotions which support sports betting and more. Palacebets offers a premium sports betting platform with a wide range of betting markets and highly competitive odds.

Palacebet is bookmaker you can definitely trust to get your winning and you can also trust them with your personal information as they are a legal bookmaker operating in South Africa, regulated and licensed by Western Cape Gambling and Racing Board.

Palacebet Signup Bonuses

R50 Free Bet

As a new customer at Palacebet you will receive a R50 Free bet which you can use to bet on sports.  In order to get the free bet you simple need to successfully create a Palacebet account then after that you will receive a pop up notification which you can tap on and accept the free bet.

Note that you will need to wager the free bet bonus within 7 days upon account activation otherwise it will be forfeited and you will need to turnover the free bet once at minimum single in order to make a withdrawal.

Palacebet First Deposit Bonus

As a new customer Palacebet will match your first deposit by 100% up to R2 000 and that not all, on your second deposit they will match it by 50% up to R2 000 then on the third deposit they will match it again by 100% up to a whooping R2 000.  To qualify for the bonus you need to successfully create a Palacebet account then make you first deposit of R50 or more. You will need to deposit R50 or more in order for the first deposits to be activated.

 Note that you will need to wager 5x the bonus amount in order to qualify to make a withdrawal and you will have to complete the playthrough on the bonus within 3 days after you made your second deposit otherwise the bonus will be forfeited.

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Palacebet Register

Step 1: On your mobile phone or PC visit the Palacebet official site.
Step 2: Tap on the green ‘Join now’ button on the top right corner of the site.
Step 3: After that you will be directed to the first registration page, enter all the required information up to the third and final page.
Step 4: Accept the terms and conditions offered by Palacebet if you agree with them.
Step 5: Tap on the ‘Register’ button to complete your registration process.

Palacebet FICA

After successfully creating your Palacebet account we advise punters to get their account FICA approved in order to make withdrawals on your account.

What Is FICA

Short for the Financial Intelligence Act is in relation to online sports betting is process whereby a punter has to send his personal documents to a bookmaker they want to register with. This act was implemented in order to curb financial related crimes such as money laundering and tax evasion. This process was also made by the South African government in order to verify if the account holder is a legal South African citizen and if the account holder is of legal gambling age (gambling is restricted for people less than 18 years of age).

What Documents Are Needed To FICA

Personal Identification, which can be;
Green Barcoded South African Identity Document
Smart Identity Card

Proof Of Residence, which can be;
Bank Statement
Utility Bill

Palacebet Login

Here is detailed step by step guide on how you can access your Palacebet account.

Step 1: On your mobile phone or PC visit the Palacebet official site.
Step 2: Tap on the ‘Login’ button on the top right corner of the site.
Step 3: On the Login page enter your Username or Email and your password.
Step 4: Tick on the ‘remember me’ box below so that your details can be saved for later use.
Step 5: Tap on Login below to finally access your account.

Palacebet Deposit And Withdrawal Methods

Visa Debit/Credit Card
Mastercard Debit/Credit Card
Maestro Debit/Credit Card
Zapper
Ozow
Peach Payments
OTT Voucher
1 Voucher
Blu Voucher

Palacebet Promotions

Palacebet Try Time Promotion

wagers worth R1 000 or more on the Rugby betting within a week. Simple place single bets with minimum odds of 1.7 worth R2 000 and you will receive your free bet but note that over/unders will not contribute to the Try time promotion. You will need to turnover the free bet by 5x with minimum odds of 1.7 in order to qualify for a withdrawal.

Palacebet Shoot n Score Promotion

At Palacebet you can get a R250 bonus when you place wagers worth R1 000 or more on the Rugby betting within a week. Place single bets with minimum odds of 1.50 and multi bets with with minimum odds of 2.20 with a minimum stake of R1 000 over the course of 7 days and you will receive your R250 free bet. Note that you will need to turnover the free once in a single bet in order to make a withdrawal.

Palacebet Lucky Leg Promotion

At Palacebet you can be winner when you lose a ticket slightly with the Lucky Leg promotion whereby if you lose by just 1 leg on a soccer accumulator with more than 7 legs you will get 100% of your stake back for up R500. This offer is for pre match full time winner soccer bets with minimum odds of 1.50 and if it happens that you cash out your ticket then the offer will no longer be valid. The Lucky Leg promotion can only be turned over on soccer events and it can only be claimed once a week.

Palacebet Boundary Beater

Palacebet offers an insane promotion where you can receive a R500 free by placing a single pre macth wager on any cricket event worth R1 000. You will have to place a single bet with minimum odds of 1.7 and a stake of of R1 000 then you will receive your R500 free bet on Bet Placement. Note that you will need turn over the free bet once at minimum single bet odds of 1.7 in order to qualify for a withdrawal.

Palacebet Mobile App

Palacebet offers their users a mobile app which is available for both Android and iOS users so follow the guides below to learn how you can easily download your app.

How To Download The Palacebet App For Android Users

Step 1: On your mobile phone visit the Palacebet official site and Login to your account.
Step 2: Tap on the yellow ‘Download app’ button on the top where you will be directed to the Download page.
Step 3: On your phone go to Settings.
Step 4: Tap on ‘Security’
Step 5: Scroll down and tap on ‘Unknown sources’ then tap on ‘OK’
Step 6: Go back to the site and tap on ‘Download for Android’ icon/button where your download will commence.
Step 7: Once the download is complete install the app on your mobile device.
Step 8: Login to the app using your Palacebet details and start enjoying your app.

How To Download The Palacebet App For iOS Users

Downloading the Palacebet app for iOS users is much easier because unlike Google Play Store, Apple Store allows betting apps on their platform. All you have to do is visit the Apple Store and search for the Palacebet app. Once you find the app download and install it on your device then lastly Login to the app using your Palacebet details.

Palacebet Cash Out

With the Palacebet cash out feature you will have the power to decide if you want to cut your losses on a bet where you don’t trust the remaining teams on your bet slip. You will be able to decide to take the money that is offered to you or ignore to use the option and wait for all your games to finish.

Palacebet Multiplier

Palacebet will boost your potential winning for up 50% on your bets when you place a bet with a minimum number of two pre match sporting events. The more you add matches to your betslip the more the multiplier increases.

Palacebet Pros And Cons

Pros
Easy to navigate site
Excellent signup offers
Excellent promotions
Mobile app available

Cons
Limited withdrawal options

Customer Support

You can contact Palacebet on their website via their live chat where you be connected with one of their agents who are always available 24/7 to help you with anything you need.

Email: [email protected]
Phone Support: 0860 PALACE

Author’s Review

Palacebet has an excellent betting platform who mostly specialize on sports betting and it is no surprise to us that they have a fastly growing platform in terms of customers because they offer exquisite promotions and signup offers.

 People don’t just love their signup offers but they just love the services they offer which are excellent. We mostly loved their mobile app which has smooth layout just like their mobile site. They just need to improve their withdrawal options but all in all they are an excellent sports book.

FAQs

Yes Palacebet is a legal bookmaker operating in South Africa, regulated and licensed by Western Cape Gambling and Racing Board.

It usually takes 1 to 3 days to withdraw money using EFTs or Debit/Credit cards.

Yes your account will need to be FICA approved where you will need to send your documents because without your account being FICA approved you wont to process withdrawals on your account.

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