On our final day in Costa Rica, while staying in Tamarindo we did a Tamarindo Estuary Tour*. There was quite a bit of overlap between this and the Palo Verde tour. I am glad we had the time to see both areas though.
If you need to make a choice between Tamarindo and Palo Verde here are some things to consider:
How much time do you have? If you're staying in Tamarindo the estuary tour is very close, so it'll take about 3 hours. Which is around the amount of time you'll spend just driving to/from Palo Verde
Wildlife can be unpredictable, so this applies to our trip only - if you have your heart set on seeing American Crocodiles Palo Verde is the place to go. We didn't see a single Crocodile in Tamarindo.
How much help do you need spotting birds and other wildlife? The Tamarindo tour had just the boat driver in the back of the boat to help spot while in Palo Verde we had both our tour guide and the boat driver at the front finding various creatures for us.
Are you happy to see wildlife just kind of perching or do you need to see some action? I found that the birds at Tamarindo were more actively searching for food or eating than at Palo Verde. Perhaps that was just a matter of timing or because the tide was starting to go out while we were on the Tamarindo tour.
If I had to chose one, I would have chosen Palo Verde based on the variety of birds we saw. The Boat-billed Heron at Palo Verde is still one of my favorites. But I'd still strongly recommend doing both if you want to optimize the wildlife you see.
Now let me share the wildlife we did see!
As you can see there was lots of activity amongst the birds, but far less variety in the type of birds we saw compared with Palo Verde.