PalmerBet New Zealand Review - Is PalmerBet legal in NZ?

PalmerBet has become a well-known bookmaker within the Australian regulated market.  With several Australian sporting partnerships past and present, people in New Zealand should certainly be familiar with the brand, especially fans of the NRL, which will have noted several recent sponsorship deals which have seen the PalmerBet logo adorn several club uniforms. It should come as no surprise that PalmerBet has indeed chosen to serve customers based in New Zealand, since Kiwis are legally allowed to play at sites based offshore. 

But is PalmerBet actually a good option for New Zealanders?  In our opinion, the answer unfortunately, is 'no.'  Like all operators based within the Australian regime, sports bettors that are based in New Zealand end up with access to platforms that are heavily limited on what is available, versus providers based outside Australia.  We'll get into those details later, but the foremost reason that Kiwis should probably look to avoid PalmerBet, is your available betting account currencies with them.

Does PalmerBet have New Zealand Dollar accounts?

Like all online sportsbooks in the Australian regime, PalmerBet only offers AUD accounts. They do not offer NZD accounts, so at PalmerBet and every other operator in Australia that allows Kiwis to register and play, they force bettors with NZD base funding sources to pay exorbitant exchange fees on all deposits and withdrawals.  Why would you as a New Zealander submit to this constant increase in costs to deposit, or the constant devaluation of your withdrawals, when there are top-tier betting sites that support direct NZD betting accounts?  This is the benefit of all that Aussie-based marketing, for the Aussie bookies.  People in New Zealand become familiar with a brand, but they are short on the details, so they simply play at a familiar name until they realise they are being hit with these fees, after-the-fact. Save your cash for your own wagers, not FX fees.  See our recommended NZD betting sites.

Is Online Live, In-Play Betting Available at PalmerBet for New Zealand?

No, PalmerBet operates solely within the Australian gaming jurisdiction, where online live, in-play sports betting is prohibited (though some in-play markets may be available via phone). As a result, PalmerBet only provides online pre-match betting markets to its players. Contrast this with all of our recommended betting sites for New Zealand players which are based outside of the restrictive Australian regime. Therefore, you can bet online, live and in-play at all of these listed providers without the need to phone in your wager.

Does PalmerBet Offer New Player Bonuses for New Zealand?

No, PalmerBet is banned from offering new player bonuses due to Australian regulations, which prohibit such promotions. Therefore, if you're looking to start your betting journey with a bonus alongside your deposited bankroll, you won't find it at PalmerBet from New Zealand. However, all our recommended betting sites are based outside of Australia, in other gaming jurisdictions, allowing them to list open account betting offers for new players in New Zealand.

Does PalmerBet in New Zealand Provide Casino Games or Poker?

No, PalmerBet does not offer online or live dealer casino games, nor do they provide an online poker room. Operators within the Australian regime are prohibited from offering these gaming verticals on their platforms. Fortunately, Kiwis have the option to explore brands based in other jurisdictions that do allow for these games. All of our recommended operators offer NZD casino sites, and our top-ranked provider also allow access to their premier online poker room.

PalmerBet New Zealand payment methods

PalmerBet supports payments from New Zealand via Visa & Mastercard credit & debit cards, PayPal and bank transfers toward their AUD accounts. Note that these providers will likely be the ones that set your NZD to AUD exchange rate for deposits, not PalmerBet itself. Even though PayPal is very convenient, their exchange rate will be near 5%, which is very expensive. This is why NZD sportsbooks are likely your preferred option. Furthermore, if you use a credit card, note that excessive cash advance fees and interest will also likely be charged by your card provider.  To save on fees at PalmerBet or any gaming site from New Zealand, use debit or transfer solutions, rather than credit cards.

PalmerBet New Zealand in summary

For individuals based in New Zealand, PalmerBet is not an ideal choice. Access to live, in-play betting is limited due to the platform's Australian jurisdiction. Additionally, PalmerBet lacks other forms of gaming, new customer offers, and most importantly, does not offer accounts in NZD. Even if you only care about pre-match sports betting, and are not put off by the various limitations that we have outlined, unless you have funding sources in AUD readily available, we cannot recommend PalmerBet to sports bettors in New Zealand.  There are just too many drawbacks compared to top-tier alternatives.