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PalmSlots Sportsbook Review: 100% Up To $100 Deposit Bonus

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Reviewed By Ziv Chen

Sports Betting . Online Casino. Online Poker.
Published: Sep 1st · 9 min read
Updated: October 5th, 2022

 

PalmSlots sportsbook is a topical-themed online sports betting site now available in the Canadian sports betting market. Aside from specializing in Esports, PalmSlots accepts cryptocurrencies, including Bitcoin. Combined with the site's great promotions and fun website, this makes for a great gambling experience.

Additionally, you get an integrated wallet with PalmSlots's casino betting platform, which operates live casino games such as Vivo Gaming Roulette, is available. Read on to see our trusted Gambling.com experts' Palmslots Review and discover how to sign up today.

PalmSlots Sportsbook at a Glance

📅 Established Since:2022
🏆 Top Features:Leading crypto and Esports wagering
💳 Minimum Deposit: $10
💸 Cashout Speed: 1 hour - 5 days
📱 Betting App:N/A
🏦 Retail Locations:N/A

Top Highlights

  1. Crypto-Friendly - Including Bitcoin
  2. ⭐ Integrated Casino Wallet
  3. ⭐ Leading Esports Betting Provider 
  4. ⭐ A new sportsbook to Canada, PalmSlots is operated by NewEra B.V, a trusted brand responsible for Pribet, Cashalot, and FaroUK.

How to Sign Up at PalmSlots

  1. Follow one of our links and head to the PalmSlots.com website.
  2. Click the yellow “REGISTER” button in the top right of your screen.
  3. Enter your email, username, mobile number, date of birth, preferred currency, and gender. You will need to provide more information to deposit later.
  4. Hit the accept button, declaring that you're 18 or older. To begin standard or live betting, simply find a sport and place a wager in the bet slip.

 

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Placing Your First Deposit

  1. Navigate to the deposit screen. This will automatically pop up after creating your new account. For your safety, you'll have to verify your account before you can deposit or access commercial content betting.
  2. Enter your first deposit bonus code into the bonus bar at the top of the menu.
  3. Choose an option from the payment methods list. These include Visa and Mastercard.
  4. Select your desired deposit amount, and enter your billing information. Remember that you must deposit a minimum deposit of $10 to receive the deposit match welcome bonus.
  5. Press the light blue “DEPOSIT” button.
  6. The betting site will process your deposited funds immediately. You’re now ready to begin wagering.

Why Sign Up with PalmSlots Sportsbook

Captaining a relaxing tropical theme, PalmSlots.com is a new bookmakers by NewEra B.V. An excellent variety of sports are on offer at the bookmaker, with 27 athletic and seven Esport markets available to bet live on.

PalmSlots has adapted Google's privacy guidelines to provide encrypted data transfer and is a regulated Curacao License holder. Its fairness is guaranteed by its licensing body and a third-party site. The site has a responsible gambling page accessible at its bottom, with gambling limits and links to resources.

PalmSlots offers a variety of promotions, including a 100% deposit bonus match up to $100 for new players. Ongoing bonuses worth $100 are also available, mainly rewarded for further deposits. Each promo comes with its own terms and conditions, alongside a wagering requirement. Other sports betting apps offer welcome bonuses of up to $1000. You can sign up with multiple sportsbooks to take advantage of multiple welcome bonus offers.

PalmSlots has a reputation as a cryptocurrency and Esports specializing operator worth checking out for its generous promotions. By clicking one of our links, you can sign up today.

Pros & Cons

Pros
Accepts cryptocurrency
Dedicated Esports tab
Integrated casino wallet
Cons
Lower-than-average odds
$20 minimum withdrawal limits & 3%+ withdrawal fee.

Palm Slots Sports Welcome Bonus

This operator is currently unavailable in {{ regionName }}, Canada, here is the next best offer available to you This operator is currently available in {{ regionName }}, Canada

 

The welcome package at PalmSlots.com is a generous one, offering a 100% deposit match bonus of up to $100. This means that after making your first qualifying deposit, Palm Slots will deposit an equal amount (up to $100) into your account in the form of free bet tokens.

The bonus only activates after entering the promo code, and the free bet tokens can only be withdrawn after the 16x wagering conditions are met within 21 days of receiving the bonus. Unusually for betting sites, PalmSlots severely restricts the sports you can wager your free bet tokens on, with all NHL betting for games ineligible, alongside specific NBA betting types.

Loyalty programs reward bettors for reaching certain wagering milestones with sports betting sites. PalmSlots, at this time, has no such program.

PalmSlots does offer a good variety of free bet bonuses, with around $75 of ongoing free bet promotions. These are awarded for making further deposits at the online gambling site.
 

🎁 Welcome Bonus:Up to $1,500
💳 Bonus Code:PSWEL200
🏆 Bonus Type:Match deposit bonus
💸 Min-Max Deposit:$30 minimum deposit - $300 maximum deposit
🔄 Wagering Requirements:50x
Claim PalmSlots Sportsbook Bonus

PalmSlots Welcome Bonus

PalmSlots offers a 100% deposit match bonus for up to $100, meaning after making your initial deposit, Palm Slots will reward you with an equal amount (up to $100) in the form of free bet tokens. Activating after entering the bonus code, you can only withdraw the free bet tokens after meeting a 16x wagering requirement within 21 days.

Other PalmSlots Betting Promotions

Three ongoing promotions are on offer at PalmSlots.com's sporting site, those being two monthly free bet tokens worth a combined $75 and a 50% up to $50 reload bonus. 

The largest ongoing monthly free bet promotion was, at the time of writing, a 10% deposit match bonus for the first three deposits players make in any given month. This was up to $50 and required a new promo code for each deposit. 

The second monthly free bet was a $25 risk-free bet of up to $25 at a rate of 25%. After making a qualifying wager, if you lose, you receive 25% of the original stake back as a free bet.

PalmSlots 50% up to $50 reload bonus is effectively a deposit match bonus but requires you to make a new deposit of $10 or over and reach a rollover of 3x on that deposit. The sports betting site will then credit you with free bets to the value of 50% of what you deposited, up to $50.

Betting Contests at PalmSlots Sportsbook

Betting contests are tournaments or pools where users who bet the most in a given time period are rewarded with prizes, usually free bet tokens. Unfortunately, at this time, PalmSlots.com Sport does not offer any contests. PamSlots casino, however, offers four, which punters can access with the integrated wallet.

Tournaments

Tournaments are a type of contest where the players who bet, deposit, or win the most during a given period win/share a cash prize. At the time of writing, PalmSlots' sporting site does not offer any tournaments.

Pools 

A pool is a contest where taking a specific action qualifies you for a chance to win money from a prize pool. Unfortunately, at the time of writing, PalmSlots.com's sporting site does not offer any pools, although customers can utilize the integrated wallet to enter PalmSlot Casinos' two pools.

Betting at PalmSlots Sportsbook in Canada

There is no countrywide law regulating sports wagering in Canada, allowing bettors in most territories to wager on all the best sports betting sites licensed overseas. Our experts have compiled Canada-specific guides for wagering on all the most popular Canadian sports, including the best NFL betting sites available.

PalmSlots holds a Curacao Gaming License, meaning most Canadians can access the site. However, some Canadian provinces limit access to the online gambling industry, so check your local laws before wagering.

Significant Canadian gambling news came in August 2021, when the Canadian Parliament passed bill C-218. This bill allows individual provinces regulatory power over the sports betting industry.

As of yet, only Ontario has passed legislation to introduce this independent regulation, with Ontario sports betting launching on April 4th, 2022. As PalmSlots.com does not hold an Alcohol and Gaming Commission License in Ontario, the sportsbook site is currently unavailable to Ontario bettors. 

Sports and Betting Markets Available at PalmSlots

PalmSlots has 27 sports betting markets available, including NFL, NHL, and NBA betting, alongside a dedicated Esports tab, offering Esports live streaming and live betting options on seven different Esports.

Categories Sports:

  • American Football
  • Australian Rules
  • Badminton
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Esports
  • Golf
  • Greyhounds
  • Handball
  • Horse Racing
  • Ice Hockey
  • Kabaddi
  • Mixed Martial Arts
  • Motorsports
  • Rugby League
  • Rugby Union
  • Soccer
  • Snooker
  • Specials
  • Speedway
  • Table Tennis
  • Volleyball
  • Winter Sports

Esports:

  • Basketball Esports
  • Counter-Strike
  • Dota
  • Football Esports
  • League of Legends
  • Rainbow Six
  • Valorant

 

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PalmSlots Odds

PalmSlots.com odds compare very poorly to those offered by other sports betting apps. Its moneyline odds are as much as 35% worse than market-leading sportsbooks Bet365, FanDuel and BetMGM. Unfortunately, odds are also worse than other international sportsbooks.

 

This operator is currently unavailable in {{ regionName }}, Canada, here is the next best offer available to you This operator is currently available in {{ regionName }}, Canada

Banking Options and Payout Speeds

One of the highlights of PalmSlots is its great variety of banking methods, including crypto, Interac, Skrill, PayPal, and traditional methods such as Visa and MasterCard. With 15 ways to deposit money, and three leading cryptocurrencies, bettors can deposit at PalmSlots in any way they like.

Payment OptionMin. DepositMin. Withdrawal Withdrawal Time
Mastercard$10$201-5 Days
Visa$10$201-5 Days
Maestro$10$201-5 Days
Bank Transfer$10$201-5 Days
MiFinity$10$201-48 Hours
AstroPay$10$201-48 Hours
Crypto$10$201-48 Hours
EzeeWallet$10$201-48 Hours
Jelton Wallet$10$201-48 Hours
Neteller$10$201-48 Hours
MuchBetter$10$201-48 Hours
RAPID$10$201-48 Hours
Skrill$10$201-48 Hours
EcoPayz$10$201-48 Hours
Interac$10$201-48 Hours

Depositing Money Into Your Account

  1. Navigate to the deposit screen, which can be found in the drop-down menu beneath your username.
  2. Enter a bonus offer to receive one of the site's top betting bonuses. PalmSlot Sportsbooks' ongoing promotions offer bonuses from the first to the fourth deposit, so remember to enter a code when depositing.
  3. Choose from a selection of payment methods, and enter your desired deposit amount. Payments can be made with providers such as Visa, Neteller, or bank transfer.
  4. Press the light blue “DEPOSIT” button.
  5. Your payments will be deposited and processed to your account immediately. You’re now ready to bet.

 

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Withdrawing Your Winnings

  1. Head to the PalmSlots.com Wallet. You can find this by clicking the drop-down arrow on the right of your username in the top right of the screen and selecting “WITHDRAW”.
  2. This will take you to a white “WITHDRAW” pop-up. Choose your payment method.
  3. Now enter the amount you wish to withdraw. PLEASE NOTE: there is a minimum withdrawal limit of $20. PalmSlots also charges a withdrawal fee, usually around 3%.
  4. You should receive your payout in your account within one hour - five working days depending on your chosen payment method.

 

Betting Experience on Desktop & Mobile

There’s a lot to love about the PalmSlots desktop and mobile phone wagering experience. Interestingly, despite its tropical theme, the sports site operates a black and yellow colour scheme, which has the advantages of appearing slick, if not a little off-theme and dull.

The live betting platform utilizes the classic sportsbook layout, with the added benefit of a dedicated live bets tab on the left. This is complemented by the site's free sports highlights and helpful customer support button in the bottom right, linking to its 24-hour customer service team.

The website also includes a betting tips section, with advice on how to make the most of sporting bets, such as NFL betting, or casino wagers on top slots and games from developers like Pragmatic Play and NetEnt.

Where PalmSlots.com could use a boost is its information-lacking "About Us" page, which currently requires users to email customer support for most information.

PalmSlots Mobile Betting App

PalmSlots does not offer a mobile app for iOS or Android. Fortunately, however, the mobile browser is HTML 5 optimized, meaning the site adjusts to become compatible across all platforms. While slightly slower than on desktop, the brand's mobile site offers an excellent wagering experience to all hoping to access their PalmSlots account from their tablets and mobile devices.

 

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Support & Security at PalmSlots

PalmSlots is owned by NewEra B.V. which operate several online casinos and sportsbook websites and has become a reputable site so far. 

Customer Support Information

The support at PalmSlots is available 24/7 with a help centre to guide customers with more simple queries. 

 

Available Hours:24/7
Phone:N/A

Responsible Gambling at PalmSlots

At the moment of checking PalmSlots is working on their responsible gaming tools and offers a section with some helpful resources such as Gamblers Anonymous. 

 

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Our Verdict

PalmSlots Sportsbooks' fun gaming experience, particularly in Esports and cryptocurrency sports bets, will interest Canadian bettors. With a sleek website, fantastic special offers, a great range of sports, a worthy welcome package, and benefitting from recent Canadian gambling news, some users might find value in giving PalmSlots's sporting site a try.

However, there are areas for improvement. The odds on offer are not at all market competitive, and with no loyalty program or competitions, bettors are more likely to make a profit on practically every other bookmaker available. Whatsmore, with a $20 minimum withdrawal alongside a 3% withdrawal fee, getting your money back can be tricky.

Despite these faults, the brand is an exciting sports wagering site, and its offerings, notably including its ongoing promotions, do reflect good value. You can sign up today for PalmSlot Sportsbooks' welcome offer today by clicking one of our links.

 

PalmSlots Sportsbook Alberta FAQs


Yes, PalmSlots.com has a minimum withdrawal amount of $20.

PalmSlot Sportbooks' 27 sporting and seven Esports markets offer an excellent range to bettors. This offering includes NHL, NBA, and NFL betting.

Despite many competitor apps being available, PalmSlots does not currently offer a mobile wagering application. However, its website is HTML5 optimized, adjusting to work on every screen size.

PalmSlots.com is a licensed wagering platform regulated by the Curacao Gaming Commission, with a website that operates the latest google safe browsing program encryption software.

Quick withdrawals are a standout feature of PalmSlots, and most payment methods will process your withdrawal instantly (or in 1 -5 days, depending on the option you use). You should note that PalmSlots.com does charge a 3% withdrawal fee on all withdrawals.

PalmSlots is a company registered in Curacao, with licensing from the Curacao Gaming Commission. You should be aware of the Curacao Gaming License's reputation before wagering with a bookmaker holding such a license.

Yes, several forms of cryptocurrency are accepted at PalmSlots, including Bitcoin, Litecoin, and Ethereum. You can bet and withdraw crypto from Palmslots.com with only minimal limits applied.

Contributors

Contributors

Hi, I'm Ziv Chen

"Ziv Chen has been working in the online gambling industry for over two decades in senior marketing and business development roles. Ziv writes about a wide range of topics including slot and table games, casino and sportsbook reviews, American sports news, betting odds and game predictions. Leading a life full of conflict, Ziv constantly struggles between his two greatest loves: American football and US soccer."

Interests
  • Sports Betting
  • Online Casino
  • Online Poker

Reviewer since June 2019

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