Palmerbet’s roots are in Australian racing. Being based at Canterbury racecourse in New South Wales laid the foundation for a refined racing product from the beginning of the Palmerbet journey. As such, there has been a significant focus on developing such a strong racing product. They have a wide variety of markets, comprehensively covering all the standard and exotic racing bets a punter may place. They are up there with some of the best Australian bookmakers.
Race betting can be overwhelming due to the large selection of markets, however Palmerbet makes it simple to navigate through these markets by creating sections for each type of bets.
From the home screen of Palmerbet punters can access a list of the next to jump races in the centre of their screen. I am a big fan of the format within this section as you can tailor what types of racing you want to see from the ‘up next’, i.e., you can select between greyhounds, thoroughbreds and harness racing, or a combination of any.
You can easily navigate to the racing tab in the centre of the screen, just above the next to run races, to see a more concentrated view with full cards from the tracks. From here, each race has an attached countdown clock, so you don’t miss out on placing or keeping track of your racing bets. If you select a specific race, it will take you into a well-designed spread of markets for the race, including exotic bets such as trifectas and quinellas.
Within this page, each race has ‘race comments’, which outlines more in-depth details on individual runners. Whilst not to be used in isolation, they provide a solid base of knowledge for the race or rather a solid reinforcement if you are already considering a runner.
Palmerbet also offers their own individual tools such as the speed map of runners in the race. This indicates how quickly a horse is meant to run during each section of the race, generally split into 3 sections. Palmerbet also offer a tool specifically for early speed, this is the same as a speed map effectively but specifically for the first section of the race. It is a free tool located within each race.
On top of this there is also the ‘Palmerbet predictor’ which is a basic model that is fed data about each horse in a selected race and produces an algorithmic driven ranking list of the horses’ likelihood to win the race.
In terms of racing odds with Palmerbet, you’ll find that they are competitive with the other top bookmakers. They may not be the forerunner in the field but combined with the promotions offered (such as odds boosting) it largely levels the playing field with other major bookmakers who offer similar.
As with any relatively new face in a market, there are areas that still require attention. Palmerbet tends to be slow in moving their fixed odds for races. This can be capitalised on by punters, however the slow updates can give a false idea of the true price of a runner right before the race. Palmerbet also has quite narrow futures markets that does not allow punters to capture huge odds for listed races at the beginning of the season. Lastly, the lack of live betting and live streaming greatly hinders late action on races.
In summary, there is much to praise Palmerbet Australia on for their racing markets and tools. The lack of access to live streaming the races, in addition to the lack of live betting is their greatest downfall. However, the depth of markets, free analytical tools, and ease of placing bets, as well as the competitive odds offered, make it one of the better racing bookmakers in the country.
