R50 FreeSign-up Bet
Excellent sports betting, slots and games platform, operated by the prestigious Peermont Group
  • Excellent mobile betting experience
  • Lucky Numbers, Betgames, Slots & Live Games
  • Live Betting on many sports

Detailed PalaceBet Review

Please note: PalaceBet has closed down in April 2024. Therefore you can no longer bet & win there. For alternative bookies please have a look at our best betting sites overview including 10bet and Hollywoodbets.

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. In October 2020 the company has joined the trend and launched the group’s first mobile and online sportsbook: PalaceBet.

Peermont has partnered with DraftKings to bring their offering online live – and, as expected, it does not disappoint. This 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. And they have now launched Slots!

Palacebet Offers & Promotions

Sport Offer

New players at PalaceBet receive a R50 Free Bet on Sport with code WelcomeFreeBet. It has to be entered during sign-up and will then be immediately available to use. In addition, PalaceBet will bonus the first 3 deposits on Sport as follows:

  • 1st Deposit: 100% Welcome Deposit Match Bonus up to R2000 with code WelcomeDeposit.
  • 2nd Deposit: 50% Welcome Deposit Match Bonus up to R2 000 with code WelcomeDeposit2.
  • 3rd Deposit: 100% Welcome Deposit Match Bonus up to R2 000 with code WelcomeDeposit3.

R50 free bet: no deposit required, code WelcomeFreeBet; selected sports bets only. 100% 1st deposit bonus: min. dep. R50, max. bonus R2000; wagering requirement 5x; available on sports only; full promotional and general T&Cs apply.

Casino Offer

New Players are also welcomed with a casino sign up bonus of R25 FreePlay which must be played through 5x. This is limited to slots only and you must use bonus code WelcomeCasino.

Furthermore, PalaceBet will bonus the first 3 Deposits on casino games only, with a 25x playthrough, min.deposit R50, max. bonus R6 000. Therefore they are as follows:

  • 1st Deposit: 100% Welcome Deposit Match Bonus up to R2000 with code WelcomeBonus.
  • 2nd Deposit: 50% Welcome Deposit Match Bonus up to R2 000 with code WelcomeBonus2.
  • 3rd Deposit: 100% Welcome Deposit Match Bonus up to R2 000 with code WelcomeBonus3.

There are a lot more regular and ad-hoc promotions waiting for you afterwards, for example:

  • Explorer’s Treasure: bet R1000 on Evo Games and get a R100 Bonus reward.
  • 50% extra on Multi bets.
  • So Full or partial cash out on sports bets.
  • Many sport specific free bet offers such as the soccer promos Shoot n’ Score and Lucky Leg, the basketball free bet offer Alley-oop or the Palace Power F1 promotion.

In addition 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
  • Lucky Numbers, Betgames and Live Games & Slots
  • Pre-match and live betting on many sports
  • Android and iOS App


  • No virtual sports

Betting Markets & Sports

With PalaceBet 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.


Furthermore, the PalaceBet betting offer contains Esports with pre-match and in-play betting options. Whether you are after CS:GO or DOTA 2, you will surely find a league to bet on.

Live Betting & Live Streaming

So PalaceBet 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. Therefore, enhance your experience and enjoy fast-paced live betting.

PalaceBet features a Live Schedule which includes for the upcoming week all games that will be available for in-play betting. Furthermore 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.

PalaceBets games portfolio is very comprehensive. It contains all Betgames, including Lucky 7, the Wheel of Fortune and the latest release Andar Bahar.

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. Hence it is 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.


PalaceBet have now launched slots! There are approximately 40+ to start with, enough to browse around and have a free try. These first slots launched are by game provider NetEnt and the have all the favourites like Twin Spin, Starburst and Gonzo’s Quest which we have reviewed for your interest. PalaceBet could now be your one stop shop for all things betting! There are many thrilling games to choose from and more to be added in the near future.

PalaceBet Payment Options

Palace Bet currently offers a varied selections of payment methods. For deposits aside from debit and credit card you can also deposit with vouchers from as little as R5. Withdrawals are only processed via EFT. Please note that your account must be FICA verified before withdrawals can be processed.

Contact & Support

The PalaceBet support team is available every day from 06:-00 – 22:00 via the following ways:

  • Email: support@palacebet.co.za
  • Phone: 0860725223 (0860 PALACE)
  • 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.

PalaceBet App

It is no surprise that PalaceBet have joined the ranks and launched a betting App. The PalaceBet app is user friendly and easy to navigate. The colours are easy on the eye and looks elegant. By using the biometrics authentication it is even more secure! Have a look at our detailed review on the PalaceBet App for more information.

PalaceBet – Final Words

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 4 main categories are Slots, Sports, In-Play/Live Betting and Games, containing Lucky Numbers, Betgames as well as Live Games.

Palacebet loves to treat new players and therefore you can enjoy a R50 free bet (code WelcomeFreeBet) right after successful sign-up. Therefore use it to try the site completely risk-free. And we are sure you will like what you see and there are heaps of promotions available for you on an ongoing basis.

Moreover PalaceBet is a great online betting site with a solid offering. It is very user-friendly and easy to navigate and makes especially mobile betting super easy, even better now that they have a dedicated Palacebet app and a new slots offering for some delicious spinning fun! And the rumours were true, instant slot games entertainment has reached the site.

Therefore considering what Peermont offers in its land based operations PalaceBet at its current setup is a must try for all online bettors.

Palacebet review
Palacebet review lucky numbers
Palacebet review live betting
Eft Instant Mastercard OTT Voucher Ozow Peach Payments Visa Zapper