Royal Panda Sportsbook
The Game Day Review

Welcome bonus

Royal Panda Sportsbook Review


Royal Panda provides users with a diverse selection of betting markets along with a user-friendly app that optimizes the sports betting experience.

ByFrank Ammirante

Mar 22, 2023

Overview of Royal Panda Sportsbook

  • Competitive Odds

  • Robust Selection of Betting Markets

  • User-Friendly App

  • Limited Promotions

  • Tougher Wagering Requirements

  • Few Payment Methods

  • Welcome Bonus
  • Mobile Experience
  • Payment Options
  • Support
  • Overall Score

Royal Panda Sportsbook QUICK FACTS

  • Established:


  • Services:

    Sports Betting, Casino

  • Available In:


  • Payment Methods:

    Credit/Debit, Bank Transfer

“This page contains references to products from one of our advertisers. We may receive compensation when you click on links to those products. This compensation does not impact our opinions in this review or elsewhere about these products. Terms apply to the offers listed on this page. For an explanation of our Affiliate Policy, please visit this page. Thank you.”

Royal Panda Sportsbook Hands-on Review

Royal Panda is a European operator that launched back in 2014. It expanded operations to North America, establishing a foothold in not only the province of Ontario but also the rest of Canada.

They have a mobile app available for both iOS and Android devices, but it you’ll need to download it directly from the website, as it’s not available at Google Play or the Apple Store.

While, there aren’t any additional promotions found on the platform, new users will enjoy a welcome bonus that will help them get off to a strong start in sports betting.

There are several betting markets available, including player props and Same Game Parlays, which can be created by selecting your preferred game and choosing “Bet Builder."

Royal Panda provides a limited selection of banking methods, but the good news is that transactions are processed swiftly, so you’ll be able to place your wagers in short order.

Overall, you’ll come away feeling pleased with the sports betting experience provided by Royal Panda. It’s easy to use and the new-player offer is especially helpful.

Is Royal Panda Sportsbook Legit?

Yes, Royal Panda is a legitimate sportsbook regulated by the Alcohol and Gaming Commission of Ontario along with the Malta Gaming Authority in other jurisdictions.

This is an established operator that will have you feeling safe and secure at all times.

Can You Win Real Money Playing at Royal Panda Sportsbook?

Yes, you are able to win real money at Royal Panda Sportsbook. All you need to do is make a deposit, place a wager, and withdraw your winnings.

Royal Panda Sportsbook Signup Bonus

New signups will be entitled to a welcome bonus at Royal Panda. Simply access this to get to the website and start your registration.

Deposit Bonus

Royal Panda is offering a 100% deposit bonus up to $200. This means that your initial deposit is matched with a maximum of $200.

Here are some important terms and conditions to remember:

  • You need to make a minimum deposit of $10.
  • Your deposit has a 8x wagering requirement. If you put in $10, that means you need to wager $80 (10 x 8) in order to receive your bonuses.
  • You have to meet the wagering requirement within seven days. Once you receive your bonus, it needs to be used within seven days as well.
  • Each wager needs to be -125 odds or longer in order to qualify toward your wagering requirements.
  • If you cash out of your bet early, it will not count towards the 8x multiplier.
  • Virtual bets are also ineligible.

Risk-Free Bet

Risk-free bets are where sportsbooks match your first bet if it loses. This usually ranges from a maximum of $500 to $1,000.

For example, if I place a $500 wager and it loses, I will receive $500 in bet credits. This can be dispersed in a variety ways, such as a single bet token or smaller denominations.

Royal Panda is not currently offering a risk-free bet at this time.

Bet & Get

Bet & Get is a type of welcome offer where you receive bonus credits simply for placing a wager. It may also be provided as a promotion for a major sporting event, such as the Super Bowl.

An example of this can be “Bet $25, Get $100" as a new-player offer, or “Bet $5 on the Super Bowl, Get $10 in Free Bets" as a special promo.

Royal Panda does not have this promo available at this time.

Royal Panda Sportsbook Promotions

Royal Panda does not have any additional promotions outside of their 100% deposit match welcome bonus for new users.

My Royal Panda Sportsbook App Experience

The Royal Panda Sportsbook app has a user-friendly interface that provides an engaging visual with its sleek aesthetic.

Each sport has its own section, which can be accessed by clicking “A-Z" at the bottom or toggling through the popular options at the top of the screen.

The app runs at a high speed, so you won’t ever have to worry about slow download times. While some apps repeatedly prompt you to confirm your location, this isn’t an issue at Royal Panda, which is another major positive.

One issue I have with the app is that not all of the popular betting markets are shown at the main page. For example, if I select “Hockey," it will only show the moneylines for each game. I need to click once again to see other betting markets.

While this is a minor inconvenience, it would be helpful to have moneylines, spreads, and Over-Unders on the main page like is often the case with other apps.

The main components of a successful betting app relate to functionality and navigation. Bet Panda thrives in this regard through its organized layout and accessible platform.

Should You Bet at Royal Panda Sportsbook?

Yes, I would absolutely recommend betting at Royal Panda Sportsbook. When I’m looking for a suitable platform, I want to a site with a good welcome bonus, robust betting markets, and high-functioning app. Royal Panda checks each of these boxes.

While the 8x wagering requirement isn’t ideal, the 100% deposit match is the best type of offer in the industry. This is because you don’t need to lose your first wager (risk-free bet) to be entitled to your bonuses.

Every betting site has traditional markets like moneylines and spreads. The key is finding one that also has a vast selection of player props with Same Game Parlays enabled.

Royal Panda has each of these options as well, including “Pre-Packs," which are Same Game Parlays already built for you. This is great for when you’re trying to make a quick bet while you’re on the go.

It would be preferred if we were able to have more banking methods at Royal Panda, particularly with eWallets like PayPal, but at least the limited options available function at a high level.

Overall, I was pleased with my experience at Royal Panda. Whether you’re a beginner or veteran sports bettor, Royal Panda is worth joining.

How To Join Royal Panda Sportsbook

  1. Click “Get Bonus" on the top-right of this page to get to the Royal Panda landing page.
  2. Provide your personal information, such as name and birth date, as you sign up for an account.
  3. Make your first deposit (minimum $10).
  4. Place your wagers (-125 odds or longer).
  5. Once you’ve met the 8x wagering requirements, you will receive your 100% deposit bonus.

Payment Methods Available

Royal Panda has only a few banking methods available for both deposits and withdrawals. However, this doesn’t detract from the transaction process. You won’t have to worry about any delays.

Deposit Methods:

  • Credit/Debit: You can make a deposit of at least $20 with your VISA or MasterCard. You’ll need to include your card number, expiry date, and CVC/CVV.
  • Bank Transfer: Log in to your online banking. Follow the instructions provided for your e-transfer. This will take anywhere from five to 15 minutes. The minimum deposit is $10.

There aren’t any transaction fees with these deposits.

Withdrawal Methods:

  • Bank Transfer: You are able to transfer your funds directly to your bank account.

Royal Panda Odds

Royal Panda odds are mostly in line with the rest of the betting market. While moneyline odds aren’t as good as other sites, particularly with underdogs, this isn’t an issue for spreads or Over-Unders.

What’s great here is that you can choose your preferred game and adjust the spread or total to your preference. You can pick a more favorable number for worse odds or a more difficult number for a better payout.

Best Royal Panda Betting Odds

Royal Panda does a good job providing users with multiple options for each sport, including props, alternate lines, and Same Game Parlays.

Where this operator really stands out is in soccer, which is no surprise due to its European roots. The site includes a vast selection of props, including goal scorers, player cards, and even specials.

These specials are combinations such as “To give at least two assists" or “To score and get booked." You won’t find such bet types on many other sites, so this is a great feature at Royal Panda.

If you’re an avid soccer bettor, you need to make sure to join Royal Panda. If you prefer other sports, they still do a good job with competitive odds there, but soccer is their best market.

Leagues You Can Bet On

You are able to bet on these leagues at Royal Panda:

  • Australian Rules
  • Bandy
  • Baseball
  • Basketball
  • Boxing
  • Chess
  • Cricket
  • Cycling
  • Darts
  • Esports
  • Floorball
  • Football
  • Formula 1
  • Golf
  • Handball
  • Hockey
  • Lacrosse
  • Motorsports
  • Netball
  • Rugby League
  • Rugby Union
  • Snooker
  • Soccer
  • Tennis
  • Volleyball

Bet Types

There are a number of bet types at Royal Panda, such as:

Rewards System

Royal Panda has a loyalty program where users can accumulate points from their sports wagers. These points can be redeemed for cool perks such as prioritized withdrawals and a personal VIP manager.

You can track your progress on the app, so you’re always aware of where you stand in the rewards program.

Customer Service

Royal Panda has customer support available on the following platforms:

  • Help Center: Answers any Frequently Asked Questions.
  • Live Chat: Talk to an agent. Chat is available 24/7.

States Where You Can Bet at Royal Panda Sportsbook

You’re not able to bet at Royal Panda in the United States, but the platform is available in Ontario along with the rest of Canada.

Does LeoVegas Sportsbook Have An Online Casino?

Yes, LeoVegas has a renowned online casino platform that includes a vast selection of games along with promotions to guide you in your iGaming venture.


Frank Ammirante

Frank Ammirante is a Senior Sports Writer at The Game Day. Previously, he wrote for 4for4 Football and RotoBaller. Frank is a member of the Fantasy Sports Writer's Association while maintaining an active presence within the community. He has competed in industry contests like the Scott Fish Bowl, The Great Fantasy Baseball Invitational, and more. Frank will be making his debut in Tout Wars this year. He's got a diverse sporting background, but specializes in football and baseball.