100% Bonusup to R1000
Brand-new sports betting and live games platform, operated by the prestigious Peermont Group
  • Excellent mobile betting experience
  • Lucky Numbers, Betgames and Live Games
  • Live Betting on many sports

Detailed Palace Bet Review

We have all heard about the Emperors Palace Casino, the Palace of Dreams, one of the most prestigious casinos in South Africa. The owner, South Africa’s award-winning gaming and hospitality group Peermont Hotels, Gaming and Resorts, operates 11 other casinos across the country. Just now in October 2020 the company has joined the trend and launched the group’s first mobile and online sportsbook: Palace Bet.

Peermont has partnered with DraftKings to bring their offering online live – and, as expected, it does not disappoint. This brand-new online betting site lives up to the high standards and the known level of service excellence is translated well into a superior mobile betting experience.

While Palace Bet is only live for a few weeks some parts are still in development. But overall, we think that it is a great new online betting site and over time the minor flaws will surely be ironed out.

Offers & Promotions

New players at Palace Bet receive a 100% Welcome Deposit Bonus up to R1000.

min. dep. R50, max. bonus R1000; wagering requirement 3x; only available on sports; full promotional and general T&Cs apply

There are currently no other promotions available online but we expect this to change very soon.

It was already announced that existing players to the Peermont group will see special benefits. Participants of the Peermont Winners Circle loyalty programme will receive personalised rewards across both land based and online, combining the best of both worlds.


  • Well-known, fully licensed SA brand
  • Elegant and user-friendly layout, seamless mobile experience
  • Good welcome bonus with fairly low wagering
  • Lucky Numbers, Betgames and Live Games
  • Pre-match and live betting on many sports


  • 2-stage verification process
  • No additional promotional offers
  • Limited payment options
  • No app but an excellent mobile website

Betting Markets & Sports

With Palace Bet you have a very varied selection of sports to place your bets on. All-time favourites horse racing, soccer, rugby and cricket are of course available. Moreover, you can bet on tennis, baseball, darts, table tennis and many more.

Betting markets are varied and there is a good variety of sports betting features such as Match Tracker, Statistics, Results and also Live Score.


The Palace Bet betting offer contains Esports with pre-match and in-play betting options. Whether you are after CS:GO or DOHA 2, you will surely find a league to bet on.

Live Betting & Live Streaming

Palace Bet wants to offer you the best possible betting experience. Therefore you can get into the action on various sports, even after a game or match has started. Live Betting is available on soccer/football, basketball, cricket, table tennis, e-sports and many more sports.

While pre-match betting might give you the better odds in-play betting can increase your chances of winning with a variety of additional betting opportunities. Enhance your experience and enjoy fast-paced live betting.

Palace Bet features a Live Schedule which includes for the upcoming week all games that will be available for in-play betting. This is an excellent feature and very user-friendly.

Lotto, Lucky Numbers and Games

With Palacebet you can participate in a wide range of national and international lotteries. From our very own SA Lotto and SA Powerball draws to the Russian GoSloto or the Indian super 6/49 – the possibilities to place your lotto and lucky numbers bets seem endless.

Palace Bets games portfolio is very comprehensive. It contains all 10 Betgames, including Lucky 7, the Wheel of Fortune and the latest release Dice Duel.

In addition, you can enjoy the full suite of Evolution live games. From Blackjack, Roulette and Baccarat to the very popular game show titles Dreamcatcher, Megaball, Monopoly Live or Crazy Time – there really is a game for everyone. Live Games are categorised into most popular, new and all which makes it easy to find the game your are looking for.

You can access the games selection on all devices easily. On desktop Lucky Numbers, Betgames and Live Games are arranged separately while on mobile all are accessible via the Games tab.

Payment Options

Palace Bet currently offers a less varied selections of payment methods. For deposits only debit and credit cards are available. Withdrawals are only processed via EFT. Please note that your account must be FICA verified before withdrawals can be processed.

Contact & Support

The Palace Bet support team is available Monday to Friday from 10h00 until 22h00 as well as Saturdays, Sundays and on public holidays between 10h00 and 17h00 via the following ways:

  • Email: support@palacebet.co.za
  • Phone: 0860725223
  • Live Chat: available via the yellow speech bubble on site
  • You can also connect with Palace Bet on Social Media (Facebook, Twitter) to stay up to date with special promotions, events and more.

Palace Bet – Final Words

It is really early days to fully judge the Palace Bet offering but honestly we are quite impressed with the currently launched product.

Peermont has translated the elegance and luxury of its brick and mortar casinos also into the online experience at PalaceBet. The site is kept in black, white and golden yellow, is very clearly laid out and well categorised. The 3 main categories are Sports, In-Play/Live Betting and Games, containing Lucky Numbers, Betgames and Live Games (on mobile).

It is slightly more complicated to sign up an account as Palace Bet has a 2-stage verification process. The first step is an email verification. In the second step follows the ID verification based on the ID you entered during the sign up. This process can take up to 24 hours so unfortunately you need to be a bit patient before you can enjoy the full experience.
Is it worth the wait? We believe so!

PalaceBet is a fantastic new online betting site and offers everything needed to be an outstanding one in the months to come. Knowing what Peermont offers in its land based operations Palace Bet is therefore a must try for all online bettors.

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