PalaceBet Casino Review

Welcome Offer
100% bonus up to R2000
Minimum Deposit Payment Method
R50 Credit cards
Minimum Deposit for Bonus Payment Method
R50 Multiple

Countries Allowed

  • South AfricaSouth Africa

PalaceBet USP’s

  • No deposit
  • Free Spins
  • Fast Payout
  • 24/7 Support
  • No Wagering
  • Multiple Deposit Bonus
  • No Registration
  • High Withdraw Limits
  • Low Withdraw Limits
  • New Casino
PalaceBet
Year Established 2020
Products
Casino, Sportsbook, Live Casino
Software
Evolution Gaming, NetEnt
Languages
English
Currencies
South African Rands

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Review Breakdown

PalaceBet is the first foray into the online betting industry by the prestigious gaming and hospitality company Peermont Hotels. PalaceBet has collaborated with US-based betting giant DraftKings to create a Sportsbook and Live Games platform that South African Online Casino players enjoy. Whether you enjoy wagering on Sports, Horseracing, Casino, or Lucky Numbers, the site offers a diverse selection of games with competitive odds.

This review puts this R100 Signup Bonus to the ultimate test, analyzing this newcomer to South African online betting from every angle. Continue reading to learn more about bonus offers, gameplay, mobile features, banking, customer service, and more.

Welcome Offer
PalaceBet Logo
Deposit R50
and play with
100% bonus up to R2000
Claim Now

Bonuses and Promotions

PalaceBet is running several exceptional promotions for South African players. To begin, there is an outstanding welcome bonus covering your initial deposit. Excitingly, you are not left in the lurch, as dedicated players can access various bonuses. Throughout the week, players will have the chance to claim a variety of rewards, so keep an eye on the promotions page for the most recent offers.

Welcome Bonus

As the prestigious king or queen of PalaceBet, you will receive a 100% bonus of up to $180/R2000 on your initial deposit. To receive this offer, you must register for an account. The funds will then be automatically credited to your account after using the bonus code “WelcomeBonus” and depositing at least $5/R50.

On the other hand, newcomers are eligible for a Sports Welcome Bonus. On their first deposit, newly registered players can qualify for a 100% match bonus of up to $180/R2000. To activate this bonus, you must use the promotional code “WelcomeDeposit” when creating an account and make a minimum $5/R50 deposit.

Other Promotions

This ZA casino offers so many bonuses and promotions that we are confident South African players will be spoiled for choice. In addition to the previously mentioned promotions, players can also claim lucrative offers such as Multibet offers, Choice accumulators, and Free bets throughout the week.

Play-through Requirements (Wagering Requirements)

For the casino bonus, a minimum deposit of $5/R50 is required. The bonus is automatically credited to your balance, and the bonus amount must be wagered 25 times exclusively on Casino Games. Evolution Games, including Slots, contribute 100% to the wagering requirement, while bets placed on BetGames or Lucky Numbers do not count. The wagering requirements must be met within three days, or the bonus and associated winnings will expire.

With the sports welcome bonus, however, the bonus amount must be wagered five times. Single bet minimum odds of 1.7, combination bet minimum odds of 2.35, and each leg must be 1.33 or greater in order to withdraw bonus funds and associated winnings. Bonus wagering requirements must be met within three days of making your initial deposit.

VIP & Loyalty*

PalaceBet does not currently offer a Loyalty program. Still, Peermont’s Winner’s Circle program members can use the casino play to earn points and receive bonuses for Peermont’s land-based casinos and resorts.

How to Sign up and Start Playing

Account registration with PalaceBet is quick and straightforward. Following these simple steps, you’ll be placing wagers in no time.

1
Step 1

Visit the website and click the orange Join Now button in the upper-right-hand corner of the screen.

2
Step 2

Enter your first and last name, birth date, and email address. In addition, please provide your province, mobile phone number, ID/passport number, city, address, and postal code.

3
Step 3

Provide your username and password. Choose whether you wish to receive promotional content and accept the site’s terms and conditions.

4
Step 4

Click Create My Account to finish registering, and click the email link to verify your account.

Payments

After registering an account with PalaceBet and verifying your email address, you must wait for your ID to be authenticated before making your initial deposit. There are currently multiple ways to fund your PalaceBet account. In addition to Zapper, you can deposit using a credit/debit card or EFT from any major bank. For those who prefer voucher top-ups, OTT is available.

Deposit methods

South Africans are familiar with the available deposit methods at PalaceBet. In addition to the standard options for secure deposits and withdrawals, there are a couple that is quite innovative, as follows:

  • VISA
  • Mastercard
  • Maestro
  • Blu Voucher
  • Ozow Instant EFT
  • Zapper
  • OTT Vouchers
  • 1Foryou Vouchers
  • EFT

Minimum & Maximum Deposits

The minimum deposit amount is currently $5/R50, whereas the maximum is not specified.

Withdrawal methods and time

Once your PalaceBet account has been FICA-verified, you can choose the EFT banking option to withdraw your winnings. The processing of EFT and debit card withdrawals can take up to five business days. No minimum withdrawal amount or maximum withdrawal limit has been specified.

Visa

Deposit
Withdrawal

Mastercard

Deposit
Withdrawal

Instanteft

Deposit
Withdrawal

Games

PalaceBet is the place to go if you are looking for a site that offers a variety of sports as well as casino and poker games. The games available at PalaceBet are powered by industry-leading software developers such as Evolution, NetEnt, and Red Tiger.

Slots

Slots gamesSlots such as Dead or Alive, Fruit Shop, Narcos, and Starburst, feature stunning visuals and exciting gameplay. Choose from a variety of NetEnt slot games with diverse themes, paylines, and bonus features at PalaceBet. You can play these games for as little as $1/R1 per spin and win up to two million Rands in cash prizes.

Table Games

Table gamesPoker, Baccarat, Roulette, and Blackjack are among the numerous categories available to table games enthusiasts. Each game has multiple variations, including Baccarat Squeeze, Blackjack First Person, 2 Hand Casino Hold’em, Lightning Roulette, and Side Bet City.

Live Dealer Games

Live Dealer gamesPowered by Evolution Gaming, PalaceBet also offers an extensive selection of Live Casino Games that can be played on a desktop or mobile device. These entertaining and thrilling games are presented live in the studio. They include casino classics such as Roulette, Poker, and Blackjack, as well as interactive Game Shows such as Monopoly Live, Crazy Time, Deal or No Deal, the new Gonzo’s Treasure Hunt, and more.

In addition to Live Casino Games and Game Shows, PalaceBet also offers the entire site of BetGames. Some games, such as Lucky 7, are lottery-style drawings, while others, such as Baccarat and Poker, are based on casino classics.

Lottery/Lucky Numbers

With Lucky Numbers, you can wager on hundreds of international lotteries, with draws occurring nearly every hour. There are numerous betting markets to choose from, and you will be able to view the results as soon as the draw has been confirmed. You must select your draw, place your bets, and then wait for the draw results to appear on the PalaceBet website in order to participate.


PalaceBet
Welcome Offer100% bonus up to R2000
Rating88/100
Minimum DepositR50
Claim NowSign Up

📋 Frequently Asked Questions

Create an account at PalaceBet, deposit at least $5/R50, and enter your preferred Welcome Bonus Promo Code to receive your bonus.
At PalaceBet, credit and debit card deposits are processed instantaneously, while other payment options take 24 hours to complete.
The Western Cape Gambling and Racing Board have licensed and regulated PalaceBet, so it is entirely legal and safe for South Africans to gamble on the site.
Every game at PalaceBet has been optimized for play on mobile devices. Then, you can launch any game in the game lobby by logging into your account on your smartphone's browser.
Accessing the Responsible Gambling section of the casino's website or contacting customer service will allow players to limit the amount of money they can deposit into their casino account.

Pros and Cons

Pros

  • ✔️Easy user interface
  • ✔️Quick and easy registration
  • ✔️Sports Betting
  • ✔️BetGames and Lottery Games
  • ✔️Live Casino Games
  • ✔️Outstanding customer support
  • ✔️Licensed by the Western Cape Gambling Board

Cons

  • ❌Limited Withdrawal Methods
  • ❌Pre-verification for players required