The Royal Panda betting online website has been a significant player for nearly a decade. This online bookie was created in 2013 with its headquarters in Sliema, Malta. Betting at Royal Panda is available in a range of languages. They include English, German, Spanish, Finnish, Norwegian, Portuguese, Chinese, and Japanese. In late 2017 the casino giant LeoVegas acquired Royal Panda.
The site was purchased for an impressive €60m. This suggests that Royal Panda is considered a substantial investment. In the last five years, as part of LeoVegas' umbrella, the site has expanded its sports betting markets.
It falls under the authority of two regulators. The first is the UK Gambling Commission, with license number 39221. The second is the Malta Gaming Authority, with license number MGA/CRP/237/2013. Gamblers can place wagers using multiple currencies such as GBP, EUR, USD, CAD, NZD, BRL, JPY, INR, MXN, and NOK.
The odds are available in fractional and decimal styles, as well as more unusual types, including Hong Kong, Indo, and Malay. The bet slip also contains an abundance of popular features. The compact view and system calculator will have mass appeal. The quick stakes feature is ideal for punters who want to save time while placing a wager.
This online bookmaker has a dashboard that provides access to at least 40 sports. Once the user selects an option, it displays subcategories for different countries and events. This unique interface makes finding the right wager much easier.
Royal Panda is popular with those who enjoy betting online on football as there are often in excess of 1,000 matches available. There are also live betting options to consider. However, horse racing is missing despite the fact it is one of the most common sports betting markets. This has not stopped the site from thriving. Gamblers will struggle to find higher betting odds than the ones offered by Royal Panda.
The sports markets available include:
It is fair to say that there is something for everyone in the Royal Panda catalog. Many of the markets are even featured on the pre-match and in-play betting sections of the site.
The best online betting site will allow punters to stack up their bets into multiples. This is the case when using Royal Panda. It is possible to stake money on more than a single selection. Popular multiples include doubles, triples, and quadruples. In practice, this means that large payouts are possible even with small initial stakes.
The combined odds limit is 999/1. While this may seem appealing, it is not ideal for fans of system and chain bets. The bet and win limits should be analyzed before deciding if stacking is the best strategy. Luckily, the site clearly displays the maximum bets for specific sporting events. Daily winnings are capped at £100,000 per day. This will be more than fair for the majority of sports betting fans.
This bookie has a broad enough variety of payment methods to appeal to a mass market. Online betting is possible via some of the most frequently used services, such as Visa and MasterCard debit cards. There are also e-wallet options, including PayPal, Neteller, and Skrill. However, these options will make the user ineligible for a welcome bonus.
While less common, sportsbetting online with Royal Panda can be funded using prepaid cards. These are great for conducting gambling in a more anonymous fashion. Paysafecard and AstroPay cards are accepted.
The minimum deposit bonus for new Royal Panda players is £10. The maximum limit will depend on the payment method. It can range from £1,500 to £15,000. The transaction process for deposits is usually instant. Meanwhile, it takes between one and five days to make a withdrawal. The exception to this is Skrill and Neteller, which offer instant withdrawals.
This is somewhat unusual for a sportsbetting site. It will be welcomed by punters who prefer e-wallet methods. Another reason to choose Royal Panda is the lack of fees for money transfers. The operator has handpicked payment services that are known for being both prompt and safe.
The best online bookmakers need to be competitive by offering superb promotional offers. There is a free bet welcome bonus available to people who sign up for the site. The steps to claim the bet are easy to meet. It simply involves registering and making a deposit that meets the T&Cs requirements. Once a bet has been completed and settled, the free wager will become available. If a win is attained, the funds tend to be added to the user's cash balance immediately.
Online sport betting is often a long-term hobby. Consequently, punters will be on the lookout for sites that provide more than just a welcome bonus. For example, when betting on sports with Royal Panda the site offers top prices on wagers for selected events. The company checks its odds against its rivals to ensure that the best possible offer is given.
The site also allows users to generate loyalty points. These are accrued by placing real money wagers. The points can be spent in an online store in exchange for free bets, bonus funds, and even real-world products. This scheme is a great way to entice regular punters to keep coming back for more sports wagers.
Whether or not Royal Panda is the best online bookmaker will depend on the needs of the individual gambler. There are undoubtedly multiple reasons to sign up for the site. First and foremost, it has enough sports market options to appeal to practically anyone. The wealth of possibilities also means that there are many choices to pick from throughout the year.
The interface is very modern and intuitive, allowing the users to place a bet instantly. It is effortless to find a specific wagering type, thanks to the unique nature of the site dashboard display. People often base their choice of bookmaker on the odds available. The ones on the Royal Panda site are competitive.
One of the more unusual aspects of this bookie is the fast payouts when withdrawing using an e-wallet method. This makes it stand out from similar betting websites. It saves users from having to wait days for the money to land in their account.
Furthermore, Royal Panda encourages people to regularly place bets in order to build up their loyalty point rewards. All of these factors combine to make Royal Panda an enticing bookie that many different gamblers will want to try out.