Royal Panda Review

Update: Royal Panda will no longer support sports betting from July 27, 2023. Canadians can use their casino offerings.

We recommend checking these alternatives:

Royal Panda
One of the most trusted sportsbooks for Canadian punters, Established in 2014

Royal Panda Top Features

  • Unique bet builders
  • Live betting & streaming
  • Early cashout
  • Exciting pre-pack parlays
  • Bonuses and promotions
    4.0
  • Banking and payout speed
    4.1
  • Mobile Experience
    3.9
  • Security and trust
    4.4
  • Customer support
    3.8
Total score
4.0
Strengths
Weaknesses
  • Extensive sports coverage
  • Convenient betting features
  • Detailed in-play betting interface
  • Backed by credible licenses
  • Limited sports betting bonuses
  • Withdrawals take up to 10 days
  • No sports betting apps
  • The layout can improve

Royal Panda Canada Review

4.0
By:Allan Asava

Royal Panda is a fully-fledged gambling website with a sportsbook, casino, live dealer shows, and more. The sportsbook offers extensive sports coverage, so you can bet on major tournaments like the NFL, NBA, NHL, MLB, cricket, soccer, tennis, and more.

In this Royal Panda review, we explore everything you should know about the betting site. You'll learn more about the site's key features, strengths, weaknesses, sports coverage, lines, markets and odds, betting features, bonuses, support options, etc. Let's dive in!

Royal Panda Strengths and Weaknesses

Royal Panda boasts many positive reviews and a high online rating. The bookmaker also characterizes a few drawbacks, so here are the strengths and weaknesses to know about:

Royal Panda Strengths ✅

  • Extensive Sports Coverage: Royal Panda offers bets on a wide range of professional sports in Canada and internationally. You can bet on football, basketball, hockey, tennis, golf, baseball, eSports, etc.
  • Convenient Betting Features: You can explore the best features in live streaming, in-play betting, pre-packed combos (parlays), and bet builders on several sports.
  • Detailed In-Play Betting Interface: The live betting interface has intuitive features, live statistics, and a split screen. You can view the odds and live stream simultaneously.

Royal Panda Weaknesses ❌

  • Limited Sports Betting Bonuses: Apart from the welcome bonus for new players, sports bettors have little in terms of promotions. You can claim various casino bonuses instead.
  • Withdrawals Take Up To 10 Days: The sportsbook promises to offer payouts as early as possible, but some methods take up to 10 days to process. Cards and bank transfers take the longest time.
  • The Layout Can Improve: The user interface and experience is as modern as any other new casino. However, some pages retain old elements and block text descriptions that can get better.

Conclusion

Punters will find the Royal Panda sportsbook irresistible once they start betting. The bookmaker has all major sports, tournaments and betting lines. You can also enjoy competitive odds and have top betting features for an immersive and convenient experience. The only drawback is their few sportsbook promos.

Royal Panda Profile

Website:
www.royalpanda.com/en-ca
Company:
Royal Panda
Year founded:
2014
Owner:
LeoVegas Gaming plc
License & regulation:
Malta Gaming Authority, iGaming Ontario
Address/Headquarters:
Malta
Sponsorship Deals:
QPR 2017-2020
Payment Methods:
Visa, MasterCard, Maestro, Bank Wire Transfer, Neteller, Skrill, etc
Features:
Live Betting, Live Streaming, Early Cash Out, Bet Builders, Pre-Pack Combo
Odds Providers:
Kambi
Apps Devices:
Mobile optimized website for Android, iOS
Contact information/Support:
24/7 Live Chat, Email, Telephone
Casino game types:
Slots, Blackjacks, Roulettes, Poker, Baccarat, Live Casino, etc.
Casino Providers:
NetEnt, Evolution, Barcrest Games, NextGen Gaming, 1x2Games, Aristocrat, etc

Royal Panda Review – Our Expert Highlights

Royal Panda Canada is one of my favourite betting websites in the country. The bookmaker has a massive sports coverage spanning the usual sports disciplines and markets. You can bet on football, basketball, tennis, volleyball, hockey, and more.

The welcome bonus could be more impressive but follows the standard North American model that offers free bets for your first deposit. The odds are competitive enough, and you can find classic betting lines, including the moneyline, spread, totals, props, parlays, and futures.

I like the payment options, but withdrawals take longer than other leading sportsbooks. The customer support team is available around the clock via live chat, emails and telephone. Royal Panda is also fully optimized for mobile devices.

Overall, There’s little to fault about Royal Panda online sportsbook. I’ve used the platform to bet on various sports and betting markets. The site is reliable as far as real money betting goes. I’m also impressed with the casino lobby. The only drawback is the limited sports betting bonuses beyond the welcome offer.

Royal Panda Sportsbook
Royal Panda Sportsbook

Royal Panda Score

  • Bonuses & Offers: ⭐⭐⭐⭐

The bonus section gets a weak 4-star rating because of the limited options available for sports betting. The website definitely has lucrative deals, but most are for the casino and live casino games. If you fancy sports betting, you can claim the welcome free bet match available once you make the first deposit. There’s little to work with after that.

  • Betting Variety: ⭐⭐⭐⭐⭐

There’s no doubt about Royal Panda’s betting variety. You can bet on a wide range of sports, including football, basketball, ice hockey, tennis, golf, volleyball, handball, chess, and many more. The sportsbook also features exciting markets, so you can bet on the outright winner, underdog, spread, over/under, player props, etc. you can even build parlays and combos, which is why I give the sportsbook five stars.

  • Banking Options: ⭐⭐⭐⭐⭐

Royal Panda casino and sportsbook accepts many standard payment methods, including cards, prepaid vouchers, eWallets, bank transfers, and more. You can use Interac, Neosurf, MuchBetter, Visa, MasterCard, iDebit, and Instant Bank Transfer. I love to use Visa for my deposits with Royal Panda because it’s secure and reliable. Neosurf and MuchBetter are also decent choices, especially when you want fast withdrawals.

  • Payout Speed: ⭐⭐⭐⭐

Royal Panda sportsbook has many payment methods with varying payout speeds. You can get your money within 2-5 banking days with Visa, MasterCard, MuchBetter, and ecoPayz, and in 3-7 days using iDebit and Interac. I give the payout speed a four-star rating mainly because you can find sites with a 24-hour pending period. Royal Panda’s waiting time is 48 hours, which isn’t that slow, but definitely not the quickest.

  • Key Features: ⭐⭐⭐⭐⭐

The feature set on Royal Panda Canada offers exciting betting features, including early cashout, live betting, live streaming, parlay bets, bet builders on various sports, and more. You can utilize these features to enjoy a superior betting experience and convenience. I also found the casino and live casino sections irresistible if you fancy slots and table games. The sportsbook easily gets a five-star rating for the variety of its key betting features.

  • App & Mobile Experience: ⭐⭐⭐⭐

The mobile experience on Royal Panda casino and sportsbook is up to par with the best bookmakers. You can explore the website directly on your browser using Android or iOS phones. The mobile version is responsive and adapts to your screen’s configuration. You can sign up, deposit, play, withdraw, and get help on your phone. There’s no dedicated app you can download for your device, but you probably don’t need it.

  • Security and Trust: ⭐⭐⭐⭐⭐

I have given the Royal Panda sports betting website five stars for its security and trust for obvious reasons. The sportsbook has been around for nearly a decade and is one of the most reputable destinations for real-money gambling. A valid license from the MGA is enough evidence of trust, and advanced SSL Certificates and malware sweeps keep hackers, fraud, and viruses at bay.

  • Licensing: ⭐⭐⭐⭐⭐

Royal Panda is a legitimate sportsbook with a licence from the Malta Gaming Authority (MGA), one of the most credible regulators in the gambling world. You can expect the highest gambling standards and secure products. Royal Panda is also licensed by iGaming Ontario (iGO), which allows it to offer casino and sports betting products to punters in Ontario. The site is legal in Canada, so it gets five stars for the license.

  • Software & Games: ⭐⭐⭐⭐⭐

Royal Panda Casino features impressive real money games, including slots, roulettes, blackjack, video poker, baccarat, jackpots, live games, craps, dice, scratchcards, crash games, and more. The lobby is powered by 85+ leading software providers, including Pragmatic Play, WMS, NetEnt, Evolution, iSoftBet, Play’n GO, Microgaming, etc. All providers are licensed, and the games are audited for fair outcome, so you have a decent chance of winning.

  • User Betting Experience: ⭐⭐⭐⭐⭐

The betting experience at Royal Panda online sportsbook gets a five-star rating because it features everything I need. The betting features, sports coverage, and markets have little to fault. Royal Panda also has competitive odds, parlays, bet builders, and early cashout, which make betting more interesting. The sportsbook runs efficiently on mobile devices with no glitches, and the interface is user-friendly with seamless navigation and transitions.

  • Sign-up Process: ⭐⭐⭐⭐⭐

Royal Panda Ontario offers a simple sign-up process for punters in Canada. All you need to do is click our button or the SIGN UP button on the official website to launch the registration page. The sportsbook requires basic information, so the entire process takes only a few minutes. I give the sign-up process five stars because it’s simple, guided, and quick.

  • Customer Support: ⭐⭐⭐⭐

The customer service at Royal Panda online sportsbook gets a four-star rating only because the telephone option isn’t always available. Otherwise, the sportsbook offers standard support channels, including a 24/7 live chat service and direct email. The website also features resourceful links and information to help you learn more about the sportsbook and casino. You can explore the games, bonuses, betting features and markets, responsible gaming, terms, privacy policy, etc.

Royal Panda Welcome Bonus

Like most real money sportsbooks, Royal Panda has a welcome bonus, which is a standard promo offered to new punters on a gambling site. Royal Panda welcome bonus offers a free bet match for your first deposit, which is the norm in most North American sportsbooks. Here's what to know about the deal:

Royal Panda Sign Up Bonus

Royal Panda Welcome Bonus
Royal Panda Sign Up Bonus: Sportsbook and Casino

100% deposit match bonus up to $200

This bonus is available once you deposit at least $10.

How to Claim Royal Panda Welcome Bonus?

  • Click on our claim button above to go straight to the bonus page. If you don’t have an account, complete the free sign-up process.
  • Deposit at least $10 to your account using any accepted payment method.
  • You’ll get 100% deposit match. You can get match bonus up to $200
  • Use your bonus on eligible games and fulfill a 8x wagering requirement. 

Royal Panda Welcome Bonus Terms and Conditions 📝

You shouldn’t claim the Royal Panda welcome bonus before reading the terms and conditions. All deals are unique and feature specific requirements, including minimum deposit, eligible members, accepted deposits, wagering/playthrough requirements, maximum cashout, expiry limits, and more.

Royal Panda sign up bonus requires a $10 deposit and is available for new players making their first deposit on the site. You must fulfill a 8x wagering requirement on eligible games. 

Casino Welcome Bonus

If you fancy betting on casino games like slots, blackjacks, and roulettes, you can claim the casino sign-up bonus. The deal requires the same minimum deposit as the sportsbook bonus. However, you get more betting cash (100%) and have a 35x playthrough to fulfil. Here’s the casino welcome bonus for new users:

Royal Panda Promotions

Royal Panda Sportsbook doesn’t feature many bonuses. I couldn’t find free bets offers, reload deals, cashback, or odds boosts for sports betting. The site’s welcome offer (100% up to $200) is the only sports deal available. However, you can explore a wide range of casino bonuses. There’s also a deal for live casino punters.  

Casino Bonuses

Royal Panda casino has exciting bonuses for players who love slots, table games and other classic products. You can claim free spins, deposit matches, weekly deals, drops and wins, loyalty perks and more. Here are some of the ongoing casino promotions:

  • Royal Panda Lunch Spins: Deposit from $10 To Get Up To 150 Free Sins Per Week (30 per day)
  • Royal Panda Game of The Week: Leave A Comment on Socials to Claim 30 Free Spins on Selected Game of The Week
  • Royal Panda Bamboo Bonus: Deposit $10 and Get 50% up to $150

Royal Panda Sports Features

Royal Panda sportsbook has many betting features you can use to maximize your time. Some features offer convenience, while others increase your chance of winning. Here’s an overview of my favourite betting features on the sportsbook:

Royal Panda Live Streaming 

The live streaming feature allows you to watch ongoing matches in real-time, which can help you read the game and leverage in-play odds. I use it all the time.

Royal Panda Live Betting

Live betting odds offer opportunities to make more with heavy favourites or back the underdogs with a spread bet. You can combine it with live streaming to boost your winning odds and payouts.

Royal Panda Early Cash Out Feature

Royal Panda accepts multiple (combo) bets, so you can have several events in your bet slip. The cashout feature allows you to cash out and get a payout before the last events in your slip are played. 

Royal Panda Parlays & Bet Builders

I like the parlays and bet builders, especially on football and basketball. These features allow you to combine multiple betting lines from a single game or different games or sports into one bet slip. 

Royal Panda Sports Coverage

Royal Panda Sports Coverage

Like most legitimate bookmakers, Royal Panda Canada has extensive sports coverage. You can bet on football, basketball, soccer, hockey, tennis, golf, chess, racing, eSports, and many more. The sportsbook also features all expected betting markets. Here’s an overview of the sports coverage: 

Royal Panda Football 🏈

Football is among the most popular professional sports in North America, and the playoffs and Super Bowls are massive. Royal Panda is among my favourite football betting sites. You can explore the NFL and CFL matches, tournaments, and markets. The site has thousands of football markets every week.

Royal Panda Basketball 🏀

Royal Panda Canada offers betting lines on basketball events and tournaments throughout the year. You can bet on the NBA, which is the biggest basketball league worldwide. Canadian fans can watch Toronto Raptors represent them in the elite league and even place wagers to turn in a profit.

Royal Panda Hockey 🏒

Ice hockey is another massive sport in Canada and North America. You can bet on NHL matches and find lucrative odds. Royal Panda hosts events and markets for all professional hockey matches. Like most sports, you can bet on the moneyline, spread (puck line), totals (over/under), props, and futures.

Royal Panda Sponsorship Deals 🤝

Royal Panda has had various sponsorships and deals in the past. The most notable sponsorship is the football shirt sponsor of Queens Park Rangers, an English soccer outfit. Royal Panda was the official sponsor between 2017 and 2020.

Betting Markets & Types of Bets Available

Royal Panda Ontario offers the usual betting lines and bet types. You can bet on the outright winner (moneyline), point spread (puck line, run line), and totals (over/under). The site also features player props, parlays and multi-bets. Here’s an overview of the betting markets and bet types: 

Royal Panda Betting Markets

  • Moneyline: The moneyline bet involves wagering on who wins the match (favourite or underdog). Some moneyline bets have the option of a draw.
  • Spread: This market involves betting on points variation between teams. You can bet on how many points Team 1 will score more than Team 2 or back Team 2 against the spread.
  • Totals: The over/under bet involves wagering on the total number of points scored to surpass or come short of a set threshold. An example is an NHL match to have over/under 3.5 goals.

Types of Bets Available

  • Single Bet: This bet involves a single event, like a moneyline on the slip.
  • Multi-Bet: Involves betting on two or more events in the same slip.
  • Parlays: You can build same-game parlays with different markets within the same match. Parlays can also feature markets from different games or sports.
  • Props: Player props involve betting on smaller in-game outcomes, like how many points or rebounds a specific NBA player will score.

How to Place a Bet at Royal Panda?

Placing a bet on Royal Panda casino and sportsbook is easy. All you need is a verified account and some money in your balance. Follow these steps:

  • Sign up for a free account with Royal Panda
  • Deposit money to claim your welcome bonus
  • Launch the sportsbook and find your sport.
  • Explore the matches, betting markets, and odds
  • Make your selections and submit the slip

One thing I love about Royal Panda is the level of convenience put into the betting interface. Even if I make a bad selection, the sportsbook offers a second prompt that allows me to clear the selection from my slip. I can also cancel the bet.

Royal Panda App

Royal Panda online sportsbook is fully optimized for mobile devices, meaning you can play directly on your Android or iOS browser. There’s no dedicated app to download, but the mobile version is as sleek and responsive as you want. You can sign up, deposit, claim Royal Panda promotions, withdraw cash, and contact support using your phone browser.

Royal Panda App
Royal Panda mobile betting

Royal Panda Casino

Royal Panda Casino offers access to certified fair RNG-based video games. You can play slots, blackjacks, roulettes, baccarat, video poker, live dealer shows, scratchcards, and more.

All games are mobile-friendly and audited for fair results. Leading software providers like NetEnt, Microgaming, Play’n GO, Pragmatic Play, Evolution, etc also power the lobby. You can expect an ever-expanding library of top titles.

Royal Panda Casino Popular Games
Royal Panda Casino Popular Games

How to Open an Account on Royal Panda?

Opening an account on Royal Panda isn’t any different from other Canadian sports betting sites. You can complete the signup and verify your account using your phone. The process also takes a couple of minutes, so you can start playing almost immediately.

Steps to open an account on Royal Panda:

  1. Launch Signup Form – Use our button above or click on the red SIGN UP button on Royal Panda.

  2. Enter Details – Provide the personal and contact information requested in the sign-up form. Make sure all details are accurate.

  3. Verify Account – Go to your email and click the verification link sent by Royal Panda.

  4. Deposit – Navigate to the cashier section under your profile and deposit at least $10 to qualify for the welcome bonus.

  5. Enjoy! – Use our “how to place a bet” guide above to start enjoying real money bets.

Royal Panda Deposits and Withdrawals

Our Royal Panda review team identified standard Canadian payment methods, including credit/debit cards, eWallets, and bank transfers. I prefer using VISA, but you also have MasterCard, Maestro, MuchBetter, Bank Wire Transfer, and Neteller.

The minimum deposit is $10, but you need $20 for the welcome bonus. Withdrawals also start from $20. The site offers instant deposits and withdrawals between 2 and 7 banking days.

Here’s the list of deposit and withdrawal methods:

  • Visa
  • MasterCard
  • Maestro
  • Bank Wire Transfer
  • Neteller
  • Skrill

Royal Panda Customer Service

The customer support channels on Royal Panda real money sportsbook ensure prompt assistance for all players. You can use live chat, which is available for instant answers 24/7.

The sportsbook also offers email service and phone support. A friendly support team is always ready to help. You can also explore the website, which has lots of information on everything you want to learn about the sportsbook and casino.

FAQs

Is Royal Panda legal in Canada?

Yes. Royal Panda is a legal sports betting website in Canada. The site is licensed by Ontario iGO, which allows it to target punters from Ontario. The MGA license also means the sportsbook can welcome bettors from all Canadian provinces.

Which sports can I bet on?

You can bet on many professional sports, including football, basketball, tennis, soccer, hockey, golf, cricket, baseball, eSports, and more. The sportsbook offers markets on popular tournaments and leagues like the NBA, NFL, NHL, ATP, MLB, etc.

How do I claim my welcome bonus?

To claim your sports welcome bonus on Royal Panda, sign up for an account, then deposit at least $10 to your account. Bet the deposit on lines with a minimum odd of 1.8. You’ll receive a 100% match up to $200.

How do I withdraw my winnings?

If you’ve won money on Royal Panda, fulfill all playthrough requirements if bonuses were involved. You should also verify your ID. Next, use the banking section to request a withdrawal using any supported withdrawal option.

Is Royal Panda legit?

Yes. Royal Panda online sportsbook is as legitimate as they come. The site has a license from the Malta Gaming Authority and iGaming Ontario. Advanced SSL Certificates protect players from cybersecurity threats. The sportsbook is also mobile-friendly and features audited fair games from leading software providers.

How do I use the cashout feature?

The early cashout feature is added automatically to your betting slip if you have multiple events/markets. You can open your bet slip to check whether the cashout option is available. Note that early cash out isn’t possible with single bet slips.

Final Verdict

We end our Royal Panda review here and hope you found helpful information. You can compare Royal Panda with other leading sportsbooks for Canadian punters.

The sportsbook is a decent choice for real-money sports betting and casino gambling. You can bet on various sports and markets and access competitive odds. Apart from the limited sportsbook bonuses, everything about the bookmaker is on point, making it an easy choice for new and experienced punters.