Born in Reinosa (Cantabria), Palacios graduated from the Official Film School in Madrid as an actor and director.
[1] He participated in about 150 films and television series, being mainly active in the Spaghetti Western genre, and he was also a recurring presence in films directed by Jesús Franco.
[1][2] Palacios made his directorial debut with Mi conejo es el mejor, erotic film starring Lina Romay and Emilio Linder.
Subsequently, in 1987 Palacios directed ¡Biba la banda!
starring Alfredo Landa, and in 1997 he directed the TV-series La banda de Pérez.