PalaceBet New Player Offers

21 September 2022 |

Please note: PalaceBet has closed down in April 2024. For alternative bookies please have a look at our best betting sites overview.

There are quite a few betting sites to choose from for South African punters these days. For new players the initial offers and promotions often determine if they get an account and start betting.

Palacebet has a variety of new player welcome offers and in this article we give you a full overview. This should help you to make use of all the fantastic bonuses available to you.

New Player Welcome Offers at Palacebet

To start playing with Palacebet you need a new player account. Registration is free and easy and within minutes you have access to the wide variety of sports betting, slots, casino games and more.

Free No Deposit Registration Bonus

We are happy to say that PalaceBet offer a excellent Welcome bonus on Sport and Casino respectively. Please remember you have to use the promo code in order to receive the bonus.

If you enter code WelcomeFreeBet during the registration process in the field bonus code then your account will be credited with a R50 free sports bet. There is also a Casino sign-up Bonus of R25 FreePlay, played 5x through and you must use the Bonus Code WelcomeCasino. Always remember these codes are case sensitive.

The R50 free sports bet does not require any deposit but allows you to bet on sports once at odds of 1.90 or more on a single bet or 5.00 on a multiple bet with 1.7 legs or more. If you win from your free bet you need to complete 1x wagering and also fund your account in order to cash out your winnings.

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

First deposit offers

Once you have an account and know that you like what you see at Palacebet you have a few choices between welcome first deposit bonuses on Sport or Casino Games.

Welcome & Deposit Offer on Sport

It’s good news for New players at PalaceBet! You will receive a R50 Free Bet on Sport with code WelcomeFreeBet. However yoou will have to enter this promo code in exactly during sign up in order to receive it, and the code is case sensitive.

Additionally, PalaceBet will bonus the first 3 deposits on Sport, they will be credited as a free bet and are 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; full promotional and general T&Cs apply.

Welcome & Deposit Offer on Casino

This option is right for you if you enjoy playing casino games. New Players are welcomed with a casino sign up bonus of R25 FreePlay which must be played through 5x. This is limited to slot games only and you must use the bonus code WelcomeCasino.

PalaceBet will bonus the first 3 Deposits on casino games only, with a 25x playthrough, min.deposit R50 and a max. bonus of R6 000. These 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.

Please also note that the codes are case sensitive so ensure you type them correctly. Once the bonus is activated it is added automatically to your account.

T&Cs

As with all bonus offers there are always terms and conditions attached. We recommend you familiarise yourself with these before opting in.

Please see the Palacebet promotions page for full details.

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

Payment Methods

In order to claim one of the 2 new player welcome first deposit offers you need to fund your account. PalaceBet offers you a variety of payment methods to do so, including the following:

  • Credit as well as Debit cards (VISA, Mastercard, Maestro)
  • Vouchers including OTT Voucher as well as 1ForYou Voucher
  • Instant EFT
  • Zapper
  • OZOW
  • Peach Payments

More payment methods will be available soon including Kazang and Bluvoucher.

Why you should join Palacebet

PalaceBet is part of the Peermont Group. You might have been to one of their hotel and casino resorts before but even if not the name will ring a bell. That is to say you can definitely expect a great betting experience at PalaceBet online and mobile. Here are just a few highlights:

  • Various sports including soccer, rugby and cricket and many more sports with thousands of markets available. For example you can bet on all 380 Premier League matches.
  • Slots and Casino games: PalaceBet has recently added NetEnt and Red Tiger Slots and there are now dozens of slots for you to spin. Enjoy Starburst, TwinSpin, Cash Volt and many other exciting slots titles. Rather looking for the thrill of roulette or blackjack? With hundreds of live dealer games there surely is a table for you to join. The full overview is available in our PalaceBet Games Guide and PalaceBet Live Casino Games article.
  • The full title range of Betgames, including Lucky 7, Speedy 7 and War of Bets
  • Thousands of draws from the best lotteries around the world in the Lucky Numbers section.
  • Varied and regularly changing promotions, including new player welcome offers.
  • PalaceBet App for both Android and iOS for an even better mobile betting experience.

Palacebet New Player Offers – Summary

Palacebet welcomes new players to its online and mobile site with great offers. While a freebie is great, the choice in first deposit offer is even better and not yet standard across South African betting sites. One other bookmaker that also gives you a choice is Betway. All others have a one size fits all offering.

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

What confused us a bit is that the bonus codes you need to enter are case sensitive. So make sure you type WelcomeBonus or WelcomeDeposit correctly and with the right capital and lower case letters to not miss out on your bonus. In case you change your mind and decide to play without a bonus you can get it removed from your account. Simply contact they friendly support team and they are happy to assist.

Overall, we like Palacebets betting offering and are excited what else might be coming soon. More info is also available in our detailed PalaceBet review. Also have a look at the full Palacebet Promotions overview article so you know what’s waiting for you after your new player offer.

Related News

palacebet closed Apr 24
When Sun International acquired the Peermont Group and its assets at the end of 2023 this deal also included Peermont's online sports betting and live games platform palacebet.co.za. Now, just 4 month later, the company has...
16 April 2024 |
Sun International acquires Peermont Group
In a transformative development within the South African hospitality and gaming industry Sun International has successfully acquired the Peermont Group, including its flagship property, Emperors Palace Resort, and the...
18 December 2023 |
Supabets Soweto Derby
The Soweto Derby is more than just a game! This is the day that all over South Africa supporters choose to be either Pirates or...
22 February 2023 | , ,
Valentines Day Promos 2023
Roses are red, Violets are blue, finish off this poem cause there's a prize in it for you. Rhyming and poems have never been my forte however whenever the day of love comes around these just pop up everywhere and you can't...
1 February 2023 | , , ,