PalaceBet Deposit and Withdrawal Guide | How to Top Up Your + Get Your Winnings

Kindly note that Palacebet has officially closed it's doors and is no longer in operation. We recommend you check out alternative betting sites like Jackpot City, Betway or Easybet instead. You can read more on the Palacebet closure here.

PalaceBet haven't been around for as long as some of their counterparts, but in a short space of time, they've made an indelible mark on the world of online betting in South Africa.

With products like Sports, Horse Racing, Casino and Lucky Numbers, punters of every kind can always find a decent range of games available to play on the site at competitive odds.

But here we won't focus on PalaceBet games, but instead, tell you about the various deposit and withdrawal methods you can use to top up and get your winnings from your PalaceBet online .

Palace deposit methods

Before making a deposit, you must with PalaceBet and wait for your ID to be verified. The ID number you provided during will be used, so you won't need to submit any FICA documents just yet. However, only once this pre-verification process is complete can you deposit and start betting. 

There are currently 3 PalaceBet deposit methods available:

💰 Visa debit/credit card 

💰 Mastercard debit/credit card

💰 OTT Voucher

💰 1Voucher

💰 Instant EFT

💰 Zapper

PalaceBet vouchers

PalaceBet accepts 1Voucher and OTT Voucher as a deposit method for customers, which gives punters more choice when it comes to topping up their betting s. Once you redeem your voucher, the funds will be instantly available for betting on all your favourite games. Minimum deposit is R25.

You can purchase OTT Voucher at  Boxer, Builders Warehouse, Cambridge Food, Makro, Game, Rhino, Just Right Communications, Cellair, Caltex Fresh Stop, PAV Telecoms, GloCell, R&A Cellular, A2 pay and Kazang Connect. Click here to find your nearest seller or buy OTT Voucher online.

1Vouchers is available to buy at retailers such as Pep, Flash, Shoprite, Checkers, Ackermans, OK, House and Home and more.

How to deposit on PalaceBet

1️⃣ and  to your PalaceBet .

2️⃣ Click the profile button in the top right of your screen (head and shoulders icon).

3️⃣ Select the green "Deposit" button.

4️⃣ Choose your preferred deposit method.

5️⃣ Enter the amount you wish to deposit in the box provided. 

6️⃣ Click "Deposit" at the bottom of the page to continue.

7️⃣ Follow the on-screen instructions to complete your PalaceBet deposit.

PalaceBet minimum deposit

R50 is the Palacebet minimum deposit for debit/credit cards and Instant EFT. For PalaceBet vouchers, the minimum deposit is R25 and you must wager the full amount before requesting a withdrawal.  

PalaceBet FICA

There are two stages to the player verification process at PalaceBet which can be quite a hassle for new players. After registration, you'll need to wait for your to be activated for deposits, which can take up to 24 hours. 

Then to make a withdrawal, you must your FICA documents (copy of ID, proof of residence and proof of bank ) for verification.

submit via email or online.  

How to make a PalaceBet withdrawal:

1️⃣ Cash or Crash. 

[email protected]

Live chat is also available from the homepage (click the speech bubble in the bottom right corner)

For more about online sports betting, casino games and lotteries in South Africa, visit the Betting Guide homepage to find bookmaker reviews, promotions, betting tips and more.