Royal Panda Sportsbook Review

Royal Panda is a brand which has become popular over recent years mostly because of its seamless symbiosis of casino operations and providing sports betting services. Obviously we will be focusing on Royal Panda’s sports betting services here and they continue to surprise even the most pessimistic critics of Royal Panda’s venture in this area.

Royal Panda’s sportsbook is in no way inferior to the best sportsbooks out there. The Malta based sports betting provider offers its players a huge sports betting offer and an excellent live betting selection of markets and events. In addition to this, Royal Panda comes in both a desktop and mobile variant, is fully licensed, and offers more banking methods than you can imagine.

Sports Markets

When it comes to betting on sports, Royal Panda tries to be as comprehensive as it can possibly be. They offer their players the chance to bet on a large variety on sports betting events which range from popular sports such as football and tennis to more obscure sports such as darts and badminton.

Royal Panda’s live betting offer is a particular highlight here as it offers betting on tons of live events happening around the world. Unlike other sports betting operators which include only popular events in their live betting offer, Royal Panda includes everything. On a given day, punters who bet on football for example, can place wagers on live EPL matches, but also on lower league competitions such as the North and South English Conferences, on reserve and U18 matches, on women’s football competitions such as the FA WSL and so much more.

However, one thing which has to be noted is that the more popular a league or competition is, the more betting markets it comes with. For example, an EPL live match comes with around 150 betting propositions while a reserve or U18 match usually comes with around 50 betting propositions.

License

Royal Panda is fully licensed to offer sports betting services to its clients. The sportsbook is regulated by two reputable gambling regulatory bodies – the Malta Gaming Authority (MGA) and the Gambling Commission of Great Britain (GC). The MGA regulates all sports betting activity which takes place outside the UK, while the GC vouches for Royal Panda’s UK residents.

Banking Methods

One of Royal Panda’s greatest fortes is the number of banking methods it offers to its clients. Players are able to conduct their financial transactions using more than 20 different payment methods and these include credit and debit cards, Skrill, Neteller, paysafecard, AstroPay, DineroMail, ecoPayz, ePro, Euteller, ewire, giropay, iDebit, Instadebit, iwallet, MuchBetter, PayPal, SafetyPay, Sofort,Trustly, and believe it or not several others.

In terms of minimum and maximum deposits, they vary from one payment method to another. Most banking methods enable players to place a minimum deposit of €10 and a maximum deposit of €15,000. The minimum deposit amount is pretty much the same with all deposit options and this is because it activates Royal Panda’s Welcome Bonus offer of doubling first deposits up to €100. Finally, almost all banking methods enable instant deposit processing time with only the bank wire transfer option taking up to one day to be processed.

All of the above mentioned banking methods are used only when depositing money as only a handful of them can also be used to withdraw money. Players can withdraw money from their accounts using credit/debit cards such as Visa and MasterCard, Neteller, Skrill, and Fast Bank Transfer.

The minimum withdrawal amounts for all of them are set at €10, while the maximum limits are €50,000 for debit/credit cards and €100,000 for all other banking methods. In terms of transaction time, all transactions can be done instantly except for debit/credit cards and Fast Bank Transfer which take from 1 to 5 days to process.

Contact

Royal Panda recommends that its players first try the comprehensive Frequently Asked Questions section (FAQ) when they have an inquiry and only then contact customer services.

If the FAQ section doesn’t yield satisfactory answers, players can always chat to Royal Panda customer support staff or contact them via phone. However, it has to be said here that these two options can sometimes be very unresponsive when using Royal Panda’s mobile version of the site.

Conclusion

Royal Panda was long regarded as an upstart in the world of reputable sports betting operators, but they have managed to change this flawed image through a lot of commitment, a top quality sports betting offer, and by offering a wide variety of live betting options to their players.

In addition to the sports betting side of the day-to-day operations, Royal Panda also distinguishes itself from other sportsbooks by offering the largest number of deposit banking methods we have ever seen in a sportsbook. They all come with very player-friendly minimum and maximum deposit and withdrawal limits and make the Royal Panda betting experience even better.

Pros

  • Top quality live betting offer
  • A lot of banking methods
  • High deposit and withdrawal limits

Cons

  • Mobile version of site can be better
  • Chat and phone options difficult to engage through mobile version