Online and live betting at the bookmaker Palms Bet
Palms Bet is a licensed bookmaker established in 2017. The company is regulated by the Bulgarian Gambling Commission, which makes it safe to bet on this gambling platform. The Palms Bet bookmaker's website offers a wide betting lineup and a colossal variety of sports and cyber sports events. Players can place a single bet as well as an express bet on several events at once. The bookmaker offers a 20 BGN no deposit bonus on the first bet, thanks to which bettors can make a free prediction and win real money. It is convenient to bet on any device, including computers and smartphones.
How to bet on sports at Palms Bet
It only takes a few minutes to make a prediction on a sporting or cyber sporting event at Palms Bet - all you need to do is register and make a deposit. Let's take a closer look at how to do it:
- Registering a new account. If you don't have an account yet, register at Palms Bet bookmaker's office with the necessary data. You will need to fill in the registration form and provide personal and contact details, as well as come up with a password.
- Depositing. All betson the Palms Bet website are made for real money, so make sure that you have enough funds on your gaming account. Top up your balance in any convenient way, for example, using debit cards or e-wallets.
- Select a sporting event. Go to the Sports or Live section to find the sporting event you are interested in. Palms Bet has bets available on a variety of sports including football, tennis, basketball, boxing, rugby and cyber sports.
- Selecting a bet type. Decide on the type of bet. There are several betting options available at Palms Bet, including single bets, express, system bets, as well as total and forex.
- Enter the bet amount. Specify the desired bet amount. Palms Bet will automatically show the hypothetical winnings depending on the selected odds. Confirm your bet.
- Receive your winnings. In case your prediction is correct, the amount of winnings will be credited to your deposit.
In addition, at Palms Bet bookmaker's office players can use the Cash Out function and withdraw part of the winnings before the end of the sporting event. This will help to lock in profits or minimise losses.
Types of bets at Palms Bet
At the bookmaker Palms Bet, players will find a variety of betting options for every taste. Let's consider the main ones:
- Ordinary - the classic and most popular type of bets, in which players make a prediction on the outcome of sporting events before they start. These can be bets on the winner, the exact score, the number of goals, etc.
- Live bets are bets that can be placed directly during the match. This type of betting allows you to make predictions in real time, based on the current course of the game.
- Long-term bets are bets on the final results of tournaments and championships, for example, on the winner of the league or the top scorer of the season.
- Express is a combination of several single bets into one. In order for an express bet to play, all predictions for the included events must be correct. This type of bet is considered to be one of the most profitable bets, as it gives you a chance to get a bigger win as the odds are multiplied by each other.
- System is a type of express betting that allows you to win even if you lose one or more bets. For example, a 2/3 system assumes that two of the three selected events are enough to win the bet. This reduces the risk compared to a normal express bet, but the potential winnings will be lower.
- Total is a bet on the total number of goals, points, red cards, etc. For example, a bettor can bet that more or less than five goals will be scored in a match.
- Handicap is a type of bet in which ahandicap is introduced for one of the teams, which makes the chances of the participants of the competition more equal. For example, if a team is given a -1 handicap, they must win by two goals in order for the bet to be settled.
Palms Bet cash out
One of the features of Plms Bet is the Cash Out feature, which allows players to withdraw their winnings before the end of a sporting event. Using this feature, the bettor can lock in a profit if the bet ends up winning, as well as minimise the loss if the prediction doesn't come true.
For example, if you bet on the victory of a team that leads in the score, but you are confident in its success, you can use the Cash Out feature and take part of your winnings in advance, without waiting for the end of the match. Early withdrawal can be used for both single and express bets.
How to know if you have won a sports bet at Palms Bet
All information about bets made is displayed in the player's personal cabinet. To find out if your bet has won at Palms Bet, follow the steps below:
- Authorized on your Palms Bet account. Use your username and password to log in.
- Go to the My Bets section. You will find this section in the player's personal cabinet.
- Find the bet you want to check. All your current and completed bets will be listed, including event information and the status of your bet.
- Check the status of the bet. If the bet has won, it will be marked as Winned. The amount of the winnings will also be indicated and will be automatically credited to your deposit.
Bet cancellations and refunds at Palms Bet
At Palms Bet, bet cancellations and refunds are subject to the terms and conditions of the bookmaker. If your bet has been cancelled, for example, due to the postponement of a sporting event, the amount placed will be returned to your game deposit. However, if it is an express bet, the bet will be adjusted and the cancelled event will be excluded from your card. At the same time, the express bet itself will continue to apply to the remaining events.
Winnings and wager on the Palms Bet platform
All winnings received during successful predictions are credited to the game deposit, after which bettors can withdraw them in any convenient way, for example, to an e-wallet or bank card. However, if you used Palms Bet bonuses for betting, it is important to comply with all bonus wagering conditions before withdrawal.
The wagering conditions are determined by the wager, which indicates the number of bets you need to make before you can withdraw the bonus funds. For example, if you are awarded a bonus, the bonus amount must be wagered 20 times. Please note that the wagering period may depend on the particular bonus. If you fail to wager the bonus money, it will be burned after this period expires.
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