PalaceBet South Africa Review

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PalaceBet is the proverbial new kid on the block. With only two years in operation, you’d probably think the bookmaker is still just settling in. However, age is just a number when it comes to the sports betting business. In this PalaceBet South Africa review, we are going to tell you everything you need to know about the bookmaker. With a wide selection of sports, generous bonuses, and competitive odds, PalaceBet is clearly in it to win it. If you were wondering whether to place your bet, hopefully after you finish reading the PalaceBet review you will have a clear picture and be ready to make an informed verdict.

PalaceBet South Africa Pros & Cons

To start with, the PalaceBet South Africa review will give you a clear picture of all the benefits you will get after signing up at PalaceBet. We take a look at all the positive aspects of the PalaceBet betting experience, and a few drawbacks you need to know before signing up to the site.

Quick Facts

PalaceBet was officially launched in October 2020 by Peermont Hotels, Casinos and Resorts; a highly reputable company operating in South Africa and Botswana. Peermont enlisted the services of the sports betting tech company Draftkings based in the United States of America, which has made the site one of the best in South Africa.

• Website: www.palacebet.co.za
• Online Since: 2020
• License: Western Cape Gambling and Racing Board
• Welcome Bonus: 100% match deposit up to R1,000
• Game Types: Sports Betting, Live Games, Bet Games, Lucky Numbers
• Payment Methods: Ozow, Visa, Mastercard, EFT, SiD, Instant EFT, OTT Voucher, 1 Voucher, Neteller, Skrill
• Owned By: Peermont Hotels, Casinos and Resorts
• Headquarters: Capetown

PalaceBet South Africa Ratings

Even though PalaceBet online is still quite new, the company behind it has had decades’ worth of experience in the betting industry and elsewhere. They launched the site in 2020 and they certainly came in fully prepared for the journey ahead. The best decision they made from the onset is hiring DraftKings, a highly reputable software provider based in the USA. At the time of this PalaceBet review, the site has a rich selection of sports and a highly optimized interface.

Bonuses 4/5

The PalaceBet welcome bonus is not entirely different from those on other sites, but it is still quite attractive. After following the easy signup steps provided on the site; you can simply go to the PalaceBet South Africa login page to claim your bonus. The bonus is as follows: on your first deposit, you get a 100% bonus of up to R1000. The minimum deposit amount is R50. Go to the bonus section and enter the PalaceBet promo code (WELCOME), and the bonus will be activated. Even after depleting the welcome bonus, there are plenty more ongoing PalaceBet promotions.

User Interface 4/5

In designing the PalaceBet interface, DraftKings has lived up to its reputation of excellence. At the time of this PalaceBet review, we discovered how the site was designed with the betters in mind. With the easy navigation, and intuitive layout, punters are not boggled by the design; rather they can focus on the exciting PalaceBet online betting experience. Links and guidelines are placed strategically to guide the players through the site. There is however one drawback to the site. Sometimes the servers go down and all processes stop. This isn’t a frequent occurrence, but it would be nice if they resolved it.

Sports Betting Markets 5/5

Variety is probably their strongest advantage. At the time of the PalaceBet review, they boasted of a very rich selection of sports and games. The PalaceBet sportsbook has just about every sport in the world. However, due to the difference in demand, certain sports are given priority over others. Such sports as PalaceBet football, rugby, cricket, and horse racing take precedence with South African punters. The bookie also provides the PalaceBet live betting for sports and other games from around the globe. Another unique selling point at PalaceBet is the Betgames. TV. It provides a minute-by-minute covering of the live games.

Customer Support 5/5

PalaceBet has a reliable customer support service. If you run into a hurdle while betting on PalaceBet sports you can expect professional help from the customer care agents. They can assist you will things like bonus queries, payment processing errors, or system bugs. At the time of this PalaceBet review, the customer service team can be contacted 24/7 any day of the week except on public holidays. The available support options are live chat, general support email, and the call line. For basic queries, you can simply consult the frequently asked questions section found on the site, and look for relevant answers.

Mobile Compatibility 5/5

The PalaceBet site is fully optimized for mobile devices. The mobile version does not require any downloads or prior setup. All you need is a stable internet connection and you’re good to bet. The PalaceBet mobile site is just as good as the desktop version if not better. The pages load even faster on a mobile device than on the desktop. PalaceBet also has an android application that is downloadable from the site. You will be directed to the App Store and you can easily download it. So there is absolutely no excuse for failing to enjoy the PalaceBet experience.

Licensing & Reputability 5/5

PalaceBet is a legitimate business licensed to operate in South Africa. It is licensed under the Western Cape Gambling and Racing Board, a regulatory agency whose sole mandate is to ensure responsible betting. It protects the betters from any possible misconduct or unfair practices. It also conducts regular inspections to ensure that the site meets the stipulated standards. You can see the betting license number right on the site. The bookie’s owner Peermont has operated in South Africa for decades before launching the site. With very few exceptions, Peermont is viewed in a positive light by forums and sites on the internet.

PalaceBet South Africa Review Verdict

Generally, in this PalaceBet South Africa review, we found that the site is quite solid. Despite the minor drawbacks, the PalaceBet experience is an enjoyable one. The only few complaints we found were by customers who could not abide by the site’s terms and conditions.

One such condition is that you cannot withdraw your winnings before the FICA verification process is complete. So, if you ever decide to make PalaceBet your bookmaker of choice, always make sure to read the terms and conditions. Hopefully, you have weighed the benefits of the bookmaker from this PalaceBet review, and you are ready to make a decision.